PGIM India Retirement Fund

PGIM India Retirement Fund is a hybrid fund. This fund was started on 19 April, 2024. The fund is managed by Vinay Paharia, Puneet Pal, Anandha Padmanabhan Anjeneyan, Vivek Sharma. This fund gives you the benefit of diversification.

1. PGIM India Retirement Fund has ₹95 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
2. The fund has an expense ratio 0.7.
   

PGIM India Retirement Fund has given a CAGR return of 5.74% since inception. Over the last 1 year the fund has given a CAGR return of -0.54%.

PGIM India Retirement Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Communication, Energy, Government, Utilities, Real Estate.

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide capital appreciation and income to investors in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments, REITs and InvITs, and fixed income securities. However, there is no assurance that the investment objective of the scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. There is a lock in period for PGIM India Retirement Fund of 5 Years