PGIM India Equity Savings Fund Direct Growth

PGIM India Equity Savings Fund Direct Growth

NAV as on 28-03-2025

₹ 54.19

0.1%

1D

Inception Returns

9%

/yr

Historical NAV & Returns

Absolute

About PGIM India Equity Savings Fund Direct Growth

PGIM India Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Anandha Padmanabhan Anjeneyan, Puneet Pal, Vinay Paharia. This fund gives you the benefit of diversification.

Key Parameters

  1. PGIM India Equity Savings Fund Direct Growth has ₹68 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Equity Savings Fund Direct Growth has given a CAGR return of 8.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.29%, 7.40% and 11.11% respectively.

Holdings

PGIM India Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Government, Energy, Industrial, Consumer Cyclical, Tech, Communication, Health, Consumer Defensive.

Taxation

As it is a equity savings 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).

Investment objective of PGIM India Equity Savings Fund Direct Growth

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Minimum Investment and lockin period

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

PGIM India Equity Savings Fund Direct Growth Overview

Expense ratio0.54%
Benchmark
NIFTY Equity Savings TR INR
AUM₹68 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
48.16%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
PGIM India Equity Savings Fund Direct Growth
Equity Savings Index
1M
1.8%
1.4%
3M
1.2%
-1.9%
6M
1.3%
-2.7%
1Y
7.3%
5.9%
3Y
7.4%
8.5%
5Y
11.1%
12.2%

Fund Distribution

as on (28-Feb-25)

  • Equity 15.5%

  • Debt & Cash 84.5%

Large cap
60.5%

Mid cap
5.5%

Small cap
0.4%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
34.3%
Basic Materials
23.7%
Energy
13.7%
Industrial
10.4%
Consumer Cyclical
8.4%
Tech
3.4%
Communication
2.7%
Health
1.9%
Consumer Defensive
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 68.4 Cr
₹ 70 Cr
₹ 72.2 Cr
  • AUM of the fund stands at 68.4 Cr as of Feb'25
  • AUM decreased by 1.6 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Bajaj Finance Ltd's allocation increased from 7.51% to 8.95%
Bajaj Finance Ltd's allocation increased from 7.51% to 8.95%
Ambuja Cements Ltd's allocation increased from 6.34% to 7.34%
Ambuja Cements Ltd's allocation increased from 6.34% to 7.34%
Adani Ports & Special Economic Zone Ltd's allocation increased from 2.87% to 3.41%
Adani Ports & Special Economic Zone Ltd's allocation increased from 2.87% to 3.41%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.86 % to 9.05 %
HDFC Bank Ltd's allocation decreased from 9.86 % to 9.05 %
Reliance Industries Ltd's allocation decreased from 10.03 % to 8.71 %
Reliance Industries Ltd's allocation decreased from 10.03 % to 8.71 %
NMDC Ltd's allocation decreased from 2.99 % to 2.96 %
NMDC Ltd's allocation decreased from 2.99 % to 2.96 %

Top 3 Sectors in February were Financial Services, Basic Materials & Government

Feb'25
Financial Services
34%
Basic Materials
24%
Government
23%
Jan'25
Financial Services
34%
Basic Materials
23%
Government
23%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
58
58
58
Top 5 Company Concentration
39.4%
40.5%
39.4%
Company having highest exposure
HDFC Bank Ltd (9.3%)
Bajaj Finance Ltd (9.5%)
HDFC Bank Ltd (9.1%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
105.2%
104.4%
103.8%
Sector having highest exposure
Financial Services (34.3%)
Financial Services (33.8%)
Financial Services (33.6%)
Loading...
We are taking more time than usual
Anandha Padmanabhan Anjeneyan
Anandha Padmanabhan Anjeneyan
Fund Manager of PGIM India Equity Savings Fund Direct Growth, since 12 May 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Equity Savings Fund Direct Growth, since 1 December 2021
Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Equity Savings Fund Direct Growth, since 1 April 2023
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹24.93K Cr
as on 28-Feb-2025
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com

Mutual Fund Insights

Insights icon
In the last 1 year, DSP Equity Savings Fund Direct Plan Growth has given 11.79% return, outperforming this fund by 4.5%.
Insights icon
Over the last 3 months, this fund has experienced a 17.6% drop in AUM moving from 83.0 Cr to 68.41 Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.54% which is lower than the category average expense ratio of 1.07%.
Insights icon
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 16.88% return, outperforming this fund by 5.77% per annum.
Insights icon
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 12.51% return, outperforming this fund by 5.12% per annum.

PGIM India Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.99% since inception which is more than its category average return of 8.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 15.54% in Equity, 19.47% in Debt and 65% in Cash related instruments
AUM size ₹68 Cr

AUM size ₹68 Cr

This fund has AUM of ₹68 Cr which is less than its category average of ₹ 1639 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.16%

More funds from PGIM

PGIM India Hybrid Equity Fund Direct Plan Growth

PGIM India Hybrid Equity Fund Direct Plan Growth

5Y CAGR

▲ 18.86

PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth

3Y CAGR

▲ 10.26

PGIM India Arbitrage Fund Direct Plan Growth

PGIM India Arbitrage Fund Direct Plan Growth

5Y CAGR

▲ 5.79

Frequently Asked Questions for PGIM India Equity Savings Fund Direct Growth

The current NAV of PGIM India Equity Savings Fund Direct Growth is ₹54.19 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
PGIM India Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.81%
1.81%
6 Month Returns
1.3%
1.3%
1 Year Returns
7.29%
7.29%
3 Years Returns
23.87%
7.4%
5 Years Returns
69.34%
11.11%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.54% as on March 2025
₹68 Cr as on March 2025
HDFC Bank Ltd(9.34%), Reliance Industries Ltd(9.09%), Bajaj Finance Ltd(8.63%), 7.1% Govt Stock 2034(7.47%), Ambuja Cements Ltd(6.73%) as on March 2025
Cash Equivalent(65%), Government(19.47%), Financial Services(5.33%) as on March 2025
AAA
100
Anandha Padmanabhan Anjeneyan, Puneet Pal, Vinay Paharia are the fund managers of PGIM India Equity Savings Fund Direct Growth
The Exit load of PGIM India Equity Savings Fund Direct Growth is 0%