PGIM India Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 21-11-2024
₹ 373.18
▲0.5%
1D
Inception Returns
14.1%
/yr
About PGIM India Large Cap Fund Direct Growth
PGIM India Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinay Paharia, Bhupesh Kalyani, Anandha Padmanabhan Anjeneyan. The fund could potentially beat inflation in the long-run.
Key Parameters
- PGIM India Large Cap Fund Direct Growth has ₹587 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
PGIM India Large Cap Fund Direct Growth has given a CAGR return of 14.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.28%, 9.87% and 14.28% respectively.
Holdings
PGIM India Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Industrial, Consumer Defensive, Energy, Health, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Tata Consultancy Services Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-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 Cap Fund Direct Growth
The Investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of equity and equity related securities of predominantly large 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 Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
74 people have invested ₹ 4.1L in PGIM India Large Cap Fund Direct Growth in the last three months
INDmoney Rank for PGIM India Large Cap Fund Direct Growth
Powered by IND quant engine
19
/19
7% Performance
36% Risk Management
45% Cost
19 out of 19 among large-cap
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
PGIM India Large Cap Fund Direct Growth Overview
| Expense ratio | 0.85% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹587 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 58.12% |
| STCG | Redeeming 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
86.8%
Mid cap
10.8%
Sector Allocation
Financial Services
32.4%
Tech
12.9%
Consumer Cyclical
11.8%
Industrial
10.5%
Consumer Defensive
7.5%
Energy
7.5%
Health
5.6%
Basic Materials
4.9%
Communication
4.2%
Utilities
2.3%
Real Estate
0.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.50% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund underperformed Nifty 100 by 0.71% in Oct'24
- AUM of the fund stands at 587.2 Cr as of Oct'24
- AUM decreased by 45.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 7.4% to 9.29%
ICICI Bank Ltd's allocation increased from 8.7% to 9.52%
Infosys Ltd's allocation increased from 1.69% to 2.39%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 7.49 % to 7.27 %
Bajaj Finance Ltd's allocation decreased from 3.27 % to 3.15 %
InterGlobe Aviation Ltd's allocation decreased from 2.63 % to 2.4 %
Large Cap allocation has gone down from 88% to 86.8%
Mid Cap allocation has gone up from 10.2% to 10.8%
Cash allocation has gone up from 1.6% to 2.4%
Debt allocation has gone down from 0.2% to 0%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
32%
Tech
13%
Consumer Cyclical
12%
Sep'24
Financial Services
32%
Consumer Cyclical
13%
Tech
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.8% |
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Vinay Paharia
Fund Manager of PGIM India Large Cap Fund Direct Growth, since 1 April 2023
Top funds managed
Bhupesh Kalyani
Fund Manager of PGIM India Large Cap Fund Direct Growth, since 1 April 2023
Top funds managed
Anandha Padmanabhan Anjeneyan
Fund Manager of PGIM India Large Cap Fund Direct Growth, since 19 August 2023
Top funds managed
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹29.17K Cr
as on 31-Oct-2024
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
Over the last 15 months, this fund has decreased expense ratio by 6.6% moving from 0.91 to 0.85.
Over the last 1 month, this fund has experienced a 7.2% drop in AUM moving from 632.54 Cr to 587.16 Cr.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.27% return, outperforming this fund by 5.99% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.46% return, outperforming this fund by 9.59% per annum.
In the last 1 year, DSP Top 100 Equity Fund Direct Plan Growth has given 32.14% return, outperforming this fund by 13.86%.
PGIM India Large Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.13% since inception which is more than its category average return of 13.22%
Fund Allocations
This fund has an allocation of 97.56% in Equity, 0% in Debt and 2.44% in Cash related instruments
AUM size ₹587 Cr
This fund has AUM of ₹587 Cr which is less than its category average of ₹ 6986 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for PGIM India Large Cap Fund Direct Growth
The current NAV of PGIM India Large Cap Fund Direct Growth is ₹373.18 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
PGIM India Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.31% | -5.31% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 18.28% | 18.28% |
3 Years Returns | 32.65% | 9.87% |
5 Years Returns | 94.91% | 14.28% |
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0.85% as on October 2024
₹587 Cr as on October 2024
ICICI Bank Ltd(9.52%), HDFC Bank Ltd(9.29%), Reliance Industries Ltd(7.27%), Tata Consultancy Services Ltd(6.92%), Larsen & Toubro Ltd(3.42%) as on October 2024
Financial Services(31.65%), Tech(12.54%), Consumer Cyclical(11.49%) as on October 2024
The alpha ratio for the PGIM India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
PGIM India Large Cap Fund Direct Growth | -5.9 | -1.21 | -1.11 |
As on October 2024
The alpha for PGIM India Large Cap Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the PGIM India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
PGIM India Large Cap Fund Direct Growth | 0.99 | 0.9 | 0.92 |
As on October 2024
The Beta for PGIM India Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the PGIM India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
PGIM India Large Cap Fund Direct Growth | 1.24 | 0.43 | 0.59 |
As on October 2024
The sharpe ratio for PGIM India Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the PGIM India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
PGIM India Large Cap Fund Direct Growth | 13.58 | 12.53 | 17.39 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.67 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Vinay Paharia, Bhupesh Kalyani, Anandha Padmanabhan Anjeneyan are the fund managers of PGIM India Large Cap Fund Direct Growth
The Exit load of PGIM India Large Cap Fund Direct Growth is 0.5%