PGIM India Equity Savings Fund Direct Growth
HybridEquity SavingsLow to Moderate Risk
Direct
NAV (25-Jul-24)
₹52.350.03%1D
Returns (Since Inception)
9.21%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹93 Cr
Expense Ratio
0.49%
ISIN
INF223J01QD0
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
PGIM India Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by PGIM India Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹52.35, Assets Under Management (AUM) of 92.83 Crores, and an expense ratio of 0.49%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹52.35, Assets Under Management (AUM) of 92.83 Crores, and an expense ratio of 0.49%.
- PGIM India Equity Savings Fund Direct Growth has given a CAGR return of 9.21% since inception.
- The fund's asset allocation comprises around 16.77% in equities, 15.41% in debts, and 67.82% in cash & cash equivalents.
- You can start investing in PGIM India Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.07%
+14.30% (Cat Avg.)
3 Years
+7.51%
+9.38% (Cat Avg.)
5 Years
+8.93%
+10.16% (Cat Avg.)
10 Years
+9.51%
+8.30% (Cat Avg.)
Since Inception
+9.21%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹15.57 Cr | 16.77% |
| Debt | ₹14.3 Cr | 15.41% |
| Others | ₹62.95 Cr | 67.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹49.19 Cr | 52.99% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹8.81 Cr | 9.49% |
| HDFC Bank Ltd | Equity | ₹7.97 Cr | 8.58% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-6.66 Cr | 7.18% |
| Ambuja Cements Ltd | Equity | ₹6.64 Cr | 7.15% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-6.52 Cr | 7.03% |
| Bajaj Finance Ltd | Equity | ₹6.39 Cr | 6.88% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹6.36 Cr | 6.85% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.27 Cr | 6.75% |
| JSW Steel Ltd | Equity | ₹6.04 Cr | 6.50% |
| Future on JSW Steel Ltd | Equity - Future | ₹-6.03 Cr | 6.50% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.18 Cr | 5.58% |
| Tech Mahindra Ltd | Equity | ₹5.15 Cr | 5.55% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹4.95 Cr | 5.33% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹3.88 Cr | 4.18% |
| Future on Dabur India Ltd | Equity - Future | ₹-3.7 Cr | 3.98% |
| Dabur India Ltd | Equity | ₹3.68 Cr | 3.96% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-3.28 Cr | 3.53% |
| Tata Steel Ltd | Equity | ₹3.25 Cr | 3.51% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹3.03 Cr | 3.27% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-2.98 Cr | 3.21% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹2.96 Cr | 3.18% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-1.87 Cr | 2.02% |
| The Federal Bank Ltd | Equity | ₹1.86 Cr | 2.00% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-1.45 Cr | 1.56% |
| Kotak Mahindra Bank Ltd | Equity | ₹1.44 Cr | 1.55% |
| ICICI Bank Ltd | Equity | ₹1.43 Cr | 1.54% |
| Tata Consultancy Services Ltd | Equity | ₹1.35 Cr | 1.46% |
| Reliance Industries Ltd | Equity | ₹1.18 Cr | 1.28% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-1.11 Cr | 1.19% |
| Godrej Consumer Products Ltd | Equity | ₹1.1 Cr | 1.19% |
| 8.28% Govt Stock 2027 | Bond - Gov't/Treasury | ₹1.04 Cr | 1.12% |
| Havells India Ltd | Equity | ₹0.98 Cr | 1.05% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-0.96 Cr | 1.03% |
| IndusInd Bank Ltd | Equity | ₹0.95 Cr | 1.03% |
| Axis Bank Ltd | Equity | ₹0.95 Cr | 1.02% |
| L & T Finance Ltd. | Equity - Future | ₹-0.89 Cr | 0.96% |
| L&T Finance Ltd | Equity | ₹0.89 Cr | 0.96% |
| UltraTech Cement Ltd | Equity | ₹0.86 Cr | 0.93% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-0.79 Cr | 0.85% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.78 Cr | 0.85% |
| Future on Havells India Ltd | Equity - Future | ₹-0.73 Cr | 0.79% |
| Varun Beverages Ltd | Equity | ₹0.69 Cr | 0.74% |
| Maruti Suzuki India Ltd | Equity | ₹0.66 Cr | 0.71% |
| Bharti Airtel Ltd | Equity | ₹0.62 Cr | 0.67% |
| Avenue Supermarts Ltd | Equity | ₹0.6 Cr | 0.65% |
| Larsen & Toubro Ltd | Equity | ₹0.51 Cr | 0.55% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.4 Cr | 0.43% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹0.38 Cr | 0.41% |
| Mankind Pharma Ltd | Equity | ₹0.36 Cr | 0.39% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.34 Cr | 0.37% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹0.32 Cr | 0.35% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.32 Cr | 0.34% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.31 Cr | 0.33% |
| Indraprastha Gas Ltd | Equity | ₹0.3 Cr | 0.33% |
| Titan Co Ltd | Equity | ₹0.3 Cr | 0.32% |
| InterGlobe Aviation Ltd | Equity | ₹0.27 Cr | 0.29% |
| SRF Ltd | Equity | ₹0.26 Cr | 0.28% |
| Mahindra & Mahindra Ltd | Equity | ₹0.26 Cr | 0.28% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.21 Cr | 0.23% |
| United Spirits Ltd | Equity | ₹0.19 Cr | 0.21% |
| L&T Technology Services Ltd | Equity | ₹0.19 Cr | 0.21% |
| Shriram Finance Ltd | Equity | ₹0.18 Cr | 0.19% |
| Zomato Ltd | Equity | ₹0.17 Cr | 0.19% |
| Motherson Sumi Wiring India Ltd | Equity | ₹0.15 Cr | 0.16% |
| HDFC Life Insurance Company Limited | Equity | ₹0.15 Cr | 0.16% |
| Future on Can Fin Homes Ltd | Equity - Future | ₹-0.09 Cr | 0.10% |
| Can Fin Homes Ltd | Equity | ₹0.09 Cr | 0.10% |
| Future on ACC Ltd | Equity - Future | ₹-0.08 Cr | 0.09% |
| ACC Ltd | Equity | ₹0.08 Cr | 0.08% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹23.86 Cr | 25.70% |
| Basic Materials | ₹17.13 Cr | 18.45% |
| Technology | ₹6.69 Cr | 7.21% |
| Consumer Defensive | ₹6.26 Cr | 6.75% |
| Industrials | ₹5.54 Cr | 5.97% |
| Consumer Cyclical | ₹1.54 Cr | 1.66% |
| Energy | ₹1.18 Cr | 1.28% |
| Healthcare | ₹1.03 Cr | 1.11% |
| Communication Services | ₹0.62 Cr | 0.67% |
| Utilities | ₹0.3 Cr | 0.33% |
Risk & Performance Ratios
Standard Deviation
This fund
2.13%
Cat. avg.
4.54%
Lower the better
Sharpe Ratio
This fund
0.90
Cat. avg.
0.71
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.36
Higher the better
Fund Managers
VP
Vinay Paharia
Since April 2023
PP
Puneet Pal
Since December 2021
AA
A. Anandha Padmanabhan
Since May 2022
CC
Chetan Chavan
Since March 2024
VS
Vivek Sharma
Since April 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF223J01QD0 | Expense Ratio | 0.49% | Exit Load | No Charges | Fund Size | ₹93 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Equity Savings TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹6076.80 Cr | 20.5% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹6076.80 Cr | 19.2% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.5% | 0.0% | ₹441.78 Cr | 15.8% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹441.78 Cr | 16.9% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹481.60 Cr | 15.4% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹481.60 Cr | 16.6% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹155.98 Cr | 15.7% |
| Bandhan Equity Savings Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹127.90 Cr | 10.3% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹92.83 Cr | 9.2% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹841.07 Cr | 17.6% |
About the AMC
Total AUM
₹23,364 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of PGIM India Equity Savings Fund Direct Growth?
The NAV of PGIM India Equity Savings Fund Direct Growth, as of 25-Jul-2024, is ₹52.35.
What are the returns of PGIM India Equity Savings Fund Direct Growth?
The fund has generated 10.07% over the last 1 year and 7.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of PGIM India Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 16.77% in equities, 15.41% in bonds, and 67.82% in cash and cash equivalents.
Who manages the PGIM India Equity Savings Fund Direct Growth?
The fund managers responsible for PGIM India Equity Savings Fund Direct Growth are:-
- Vinay Paharia
- Puneet Pal
- A. Anandha Padmanabhan
- Chetan Chavan
- Vivek Sharma
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.