PGIM India Large and Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 31-12-2024
₹ 12.18
1D
Inception Returns
22.2%
/yr
About PGIM India Large and Mid Cap Fund Direct Growth
PGIM India Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 12 February, 2024. The fund is managed by Vinay Paharia, Anandha Padmanabhan Anjeneyan, Puneet Pal. The fund could potentially beat inflation in the long-run.
Key Parameters
- PGIM India Large and Mid Cap Fund Direct Growth has ₹597 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
PGIM India Large and Mid Cap Fund Direct Growth has given a CAGR return of 22.20% since inception.
Holdings
PGIM India Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Communication, Energy, Consumer Defensive, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Tata Consultancy Services Ltd, Reliance Industries Ltd, Axis Bank Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of PGIM India Large and Mid Cap Fund Direct Growth
The investment objective of the Scheme is to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Large and Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
PGIM India Large and Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.61% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹597 Cr |
| Inception Date | 12 February, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 2.56% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (31-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 1.43% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 2.03% in Nov'24
- AUM of the fund stands at 559.5 Cr as of Nov'24
- AUM decreased by 7.5 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 7.2% |
PGIM India Large and Mid Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹597 Cr
Expense Ratio 0.61%
Frequently Asked Questions for PGIM India Large and Mid Cap Fund Direct Growth
PGIM India Large and Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 4.71% | 4.71% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
PGIM India Large and Mid Cap Fund Direct Growth | - | - | - |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
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Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
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