PGIM India Midcap Fund

PGIM India Midcap Fund

Equity

PGIM Mutual Fund

Mid-Cap

Get the latest NAV of PGIM India Midcap Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹74.41

▼-0.3%1D

NAV as on 12 Feb 2026

17.89%/per year

Since Inception

Absolute Gain%

▲▼

17280 people have invested ₹ 8.9Cr in PGIM India Midcap Fund in the last three months

PGIM India Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (12-Feb-26)

The fund has underperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
2.03%
-2.04%
-0.08%
13.07%
15.3%
17.31%
Nifty Midcap 150
1.38%
-0.63%
6.29%
18.57%
23.76%
20.81%
Mid-Cap Avg
1.59%
-0.11%
5.09%
17.11%
22.88%
19.7%
Best in Mid-Cap
5.73%
4.54%
12.5%
29.67%
29.05%
25.47%
Worst in Mid-Cap
-3.33%
-7.53%
-5.48%
0.75%
15.3%
15.32%
Category Rank
15/20
14/20
9/19
10/19
2/18
--

PGIM India Midcap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

17
/21
34% Performance
49% Risk Management
92% Cost

Ranked 17 out of 21 mutual funds in the mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
PGIM India Midcap Fund
17/21
11,527Cr
0.47%
13.07%
15.3%
-4.93
0.80
0.58
0.90
-1.44
HDFC Mid Cap Fund
1/21
92,642Cr
0.71%
20.56%
26.64%
4.13
0.86
1.30
2.28
0.69
Edelweiss Mid Cap Fund
2/21
13,802Cr
0.4%
21.2%
27.61%
4.33
0.93
1.25
2.12
0.85
Nippon India Growth Mid Cap Fund Mid Cap
3/21
41,727Cr
0.74%
22.56%
27.33%
2.56
0.95
1.16
2.05
0.67
See all
Positive: Recovers losses quickly
Recovers losses quickly
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: Has not generated consistent returns
Has not generated consistent returns
Negative: Higher probablity of downside risk
Higher probablity of downside risk
Negative: Underperforms benchmarks during bull run
Underperforms benchmarks during bull run

PGIM India Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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PGIM India Midcap Fund Asset Allocation

See fund asset allocation details as on (14-Jan-26)

Fund Distribution

as on (14-Jan-26)

Mid cap
61.7%
Large cap
23.8%
Small cap
10.4%
Cash allocation has gone up from 4% to 4%
Cash allocation has gone up from 4% to 4%
Debt allocation has gone up from 0.1% to 0.1%
Debt allocation has gone up from 0.1% to 0.1%

PGIM India Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Jan-26)

Sector Allocation

Financial Services
20.8%
Industrial
20%
Consumer Cyclical
16.5%
Health
14.4%
Basic Materials
11.6%
Tech
7.5%
Communication
3%
Real Estate
2.9%
Consumer Defensive
2.2%
Utilities
1.1%

Top 3 Sectors in December were Financial Services, Industrial & Consumer Cyclical

Dec'25

Financial Services

25%

Industrial

17%

Consumer Cyclical

16%

Nov'25

Financial Services

23%

Industrial

19%

Consumer Cyclical

16%

PGIM India Midcap Fund Holdings Details

as on (31-Jan-26)

Holdings
Weight%
1M Change
Persistent Systems Ltd
2.89%
0%
UNO Minda Ltd
2.78%
0%
Bharti Hexacom Ltd
2.76%
0%
Muthoot Finance Ltd
2.64%
0%
Vishal Mega Mart Ltd
2.49%
0%
See all
Top Stocks sold last month
Persistent Systems Ltd's allocation decreased from 2.64 % to 2.57 %
Persistent Systems Ltd's allocation decreased from 2.64 % to 2.57 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 2.04 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 2.04 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 1.7 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 1.7 %

PGIM India Midcap Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.47%
Benchmark
Nifty Midcap 150 TR INR
AUM₹11527 Cr
Inception Date2 December, 2013
Min Lumpsum/SIP₹5,000/₹1,000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
48.17%
Risk
Risk meter
pointer
Very High Risk

About PGIM India Midcap Fund

PGIM India Midcap Opportunities Fund is a mutual fund scheme that focuses on investing in mid-sized companies with high growth potential. The fund invests heavily in mid-cap stocks such as IDFC First Bank, Bharat Forge and Ashok Leyland.

According to the investment objective and asset allocation, the fund mostly invests in midcap equities. The Fund Manager will choose equities securities on a stock-by-stock basis, taking into account price-to-earnings, price-to-book, and price-to-sales ratios, as well as growth, margins, asset returns, and cash flows, among other factors.

Stocks are chosen based on factors such as the company's historical and current financial condition, potential value creation/unlocking and its impact on earnings growth, capital structure, business prospects, policy environment, management strength among others.

Key Parameters

  1. PGIM India Midcap Fund has ₹11527 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Midcap Fund has given a CAGR return of 17.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.07%, 15.30% and 17.31% respectively.

Holdings

PGIM India Midcap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Tech, Government, Real Estate, Communication, Consumer Defensive, Corporate, Utilities. Its top holdings are Persistent Systems Ltd, UNO Minda Ltd, Bharti Hexacom Ltd, Muthoot Finance Ltd, Vishal Mega Mart Ltd

Taxation

As it is a mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of PGIM India Midcap Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Midcap Fund has no lock in period.

Fund Manager

Utsav Mehta

Fund Manager of PGIM India Midcap Fund, since 1 November 2023

Vivek Sharma

Fund Manager of PGIM India Midcap Fund, since 15 April 2024

Vinay Paharia

Fund Manager of PGIM India Midcap Fund, since 1 April 2023

Puneet Pal

Fund Manager of PGIM India Midcap Fund, since 16 July 2022

Learn more about PGIM Mutual Fund
Parameters
Dec'25
Nov'25
Oct'25
AUM
₹ 11.5K Cr
₹ 11.5K Cr
₹ 11.6K Cr
  • AUM of the fund stands at 11.5K Cr as of Dec'25
  • AUM has remained same between Dec'25 and Nov'25

Compare PGIM India Midcap Fund

PGIM India Midcap Fund

VS

HDFC Mid Cap Fund

Frequently Asked Questions for PGIM India Midcap Fund

How do I invest in PGIM India Midcap Fund?

INDmoney makes it simple to invest in the PGIM India Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘PGIM India Midcap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of PGIM India Midcap Fund?

The NAV of the fund today is ₹74.41. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

PGIM India Midcap Fund fund has generated a return of 13.07% in 1 year, 15.30% in 3 years, 17.31% in 5 years.

Who is the fund manager of PGIM India Midcap Fund?

The fund managers are Utsav Mehta, Vivek Sharma, Vinay Paharia, Puneet Pal.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-90 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.47%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹11527 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of PGIM India Midcap Fund?

The top 3 holdings of the fund are Persistent Systems Ltd(2.89%), UNO Minda Ltd(2.78%), Bharti Hexacom Ltd(2.76%)