PGIM India Mutual Fund

PGIM India Mutual Fund

PGIM India Mutual Fund operates as a division of PGIM, the global investment management arm of Prudential Financial, Inc. (PFI), headquartered in the United States. Formerly known as DHFL Pramerica Mutual Fund, it comes with a wide range of equity and fixed-income solutions for retail and institutional investors across India. 

The PGIM mutual fund portfolio includes various types of equity, debt, hybrid, and international fund schemes. Additionally, PGIM India Mutual Fund extends advanced services that include Offshore Funds and Portfolio Management. Continuing the 140-year legacy of PGIM, this subsidiary firm has managed assets worth Rs. 23,466.81 crore till 31st December 2023. 

List of PGIM India Asset Management Private Limited Fund Managers

Name
Experience
Schemes
AUM (Cr)
Vinay Paharia
15 Years
42
---
Kumaresh Ramakrishnan
11 Years
4
---
Puneet Pal
13 Years
98
---
Bhupesh Kalyani
10 Years
45
---
A. Anandha Padmanabhan
12 Years
3
---
Anandha Padmanabhan Anjeneyan
12 Years
40
---

Analyse your mutual funds portfolio

Analyse your mutual fund portfolio with INDstories using INDMoney app

Key information about PGIM Mutual Fund

Address

4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 

Phone Number

022-61593000
 

Compare PGIM Mutual Fund with other AMCs

AMC
AUM(in Cr)
AUM change (1M)
AUM Rank
Zerodha
Zerodha
₹914.6 Cr
- ₹37.4 Cr
1/45
Invest
ICICI
ICICI
₹8L Cr
- ₹33.5K Cr
4/45
Invest
SBI
SBI
₹7.4L Cr
- ₹25.7K Cr
5/45
Invest
HDFC
HDFC
₹7.6L Cr
- ₹41.8K Cr
6/45
Invest
Kotak
Kotak
₹4.6L Cr
- ₹23.1K Cr
7/45
Invest
Nippon
Nippon
₹3.9L Cr
- ₹23.4K Cr
8/45
Invest
Aditya Birla Sun Life
Aditya Birla Sun Life
₹3.7L Cr
- ₹7.6K Cr
9/45
Invest
Axis
Axis
₹3.1L Cr
- ₹14K Cr
10/45
Invest

How to Invest in PGIM Mutual Fund?

Now that you have understood the scheme, you can start your investment journey with PGIM India Asset Management using the INDmoney app. Just follow the stepwise process outlined below.

Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).

Step 2: Once your Free investment account is ready, you can either search for PGIM Mutual Fund or go to the mutual fund section.

Step 3: Choose any PGIM Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUMExpense ratios and underlying stocks and sectors.

Step 4: You can choose to set up a SIP in any PGIM Mutual Fund or even invest as a lump sum. Once you are on the individual PGIM Mutual Fund page, click on "One-time" for lump sum investment or "SIP" for a systematic investment plan. 

Step 5: Choose the amount that you want to invest as SIP or Lump Sum. 

Step 6: Set up payments. If you choose to set up SIP in any SBI mutual funds, you can do a free automatic pay set up via bank mandate or UPI. If you choose to invest in a lump sum (one-time), then you can pay via UPI, net banking, NEFT or RTGS.

Frequently asked questions

How long does it take for mutual fund units to reflect after payment in the INDmoney account?

It generally takes around 3-4 working days for mutual fund units to reflect after payment in the INDmoney account. 

How do I redeem my PGIM mutual fund units through the INDmoney app?

If you want to redeem your PGIM mutual fund units, you need to visit the mutual fund page on the app and click on the ‘Redeem’ button. Upon doing so, a redemption request will be sent and the amount will start to reflect in your bank account within a few days. 

Can I determine annualised returns on quarterly SIP through INDmoney’s PGIM Mutual Fund SIP Calculator?

Yes, the INDmoney app enables its users to increase their investment amount via a step-up SIP facility, allowing them to align their investment with growing financial capacity. 

Do I need to specify the folio number for the redemption of PGIM Mutual Fund units?

Yes, you need to specify your folio number when it comes to redeeming the mutual fund units of PGIM via its official website. Alternatively, you can do the same via the INDmoney app by simply navigating to the PGIM Mutual Fund section and clicking on the ‘Redeem’ tab.

What is the minimum SIP amount for PGIM mutual funds?

Generally, you can initiate your mutual fund investment journey with a minimal investment of Rs. 100. However, there are certain PGIM mutual fund schemes designed with varying minimum investment amounts.