Direct
NAV (25-Jul-24)
₹11.29-0.09%1D
Returns (Since Inception)
12.98%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹60 Cr
Expense Ratio
0.66%
ISIN
INF663L01Y61
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
19 Apr 2024
About this fund
This fund has been in existence for 3 months and 7 days, having been launched on 19-Apr-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.29, Assets Under Management (AUM) of 59.95 Crores, and an expense ratio of 0.66%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.29, Assets Under Management (AUM) of 59.95 Crores, and an expense ratio of 0.66%.
- PGIM India Retirement Fund Direct Growth has given a CAGR return of 12.98% since inception.
- The fund's asset allocation comprises around 96.22% in equities, 0.00% in debts, and 3.78% in cash & cash equivalents.
- You can start investing in PGIM India Retirement 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.
Since Inception
+12.98%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹57.69 Cr | 96.22% |
| Others | ₹2.27 Cr | 3.78% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹4.1 Cr | 6.83% |
| HDFC Bank Ltd | Equity | ₹2.66 Cr | 4.44% |
| Reliance Industries Ltd | Equity | ₹2.48 Cr | 4.13% |
| Axis Bank Ltd | Equity | ₹2.34 Cr | 3.90% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹1.79 Cr | 2.99% |
| Bharti Airtel Ltd | Equity | ₹1.67 Cr | 2.79% |
| Dixon Technologies (India) Ltd | Equity | ₹1.25 Cr | 2.09% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.22 Cr | 2.03% |
| Varun Beverages Ltd | Equity | ₹1.11 Cr | 1.85% |
| Tata Consultancy Services Ltd | Equity | ₹1.09 Cr | 1.82% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹1.03 Cr | 1.72% |
| CE Info Systems Ltd | Equity | ₹0.96 Cr | 1.60% |
| Zomato Ltd | Equity | ₹0.92 Cr | 1.54% |
| NTPC Ltd | Equity | ₹0.92 Cr | 1.54% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.91 Cr | 1.52% |
| InterGlobe Aviation Ltd | Equity | ₹0.9 Cr | 1.51% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹0.9 Cr | 1.50% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.89 Cr | 1.49% |
| UltraTech Cement Ltd | Equity | ₹0.89 Cr | 1.48% |
| Trent Ltd | Equity | ₹0.87 Cr | 1.45% |
| Avenue Supermarts Ltd | Equity | ₹0.87 Cr | 1.44% |
| JSW Infrastructure Ltd | Equity | ₹0.82 Cr | 1.37% |
| Global Health Ltd | Equity | ₹0.8 Cr | 1.33% |
| Central Depository Services (India) Ltd | Equity | ₹0.8 Cr | 1.33% |
| Larsen & Toubro Ltd | Equity | ₹0.76 Cr | 1.27% |
| UNO Minda Ltd | Equity | ₹0.74 Cr | 1.23% |
| Maruti Suzuki India Ltd | Equity | ₹0.71 Cr | 1.19% |
| DOMS Industries Ltd | Equity | ₹0.7 Cr | 1.17% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹0.7 Cr | 1.17% |
| Blue Star Ltd | Equity | ₹0.69 Cr | 1.16% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.69 Cr | 1.15% |
| Triveni Turbine Ltd | Equity | ₹0.68 Cr | 1.14% |
| Bikaji Foods International Ltd | Equity | ₹0.67 Cr | 1.12% |
| Cera Sanitaryware Ltd | Equity | ₹0.67 Cr | 1.11% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.66 Cr | 1.09% |
| Persistent Systems Ltd | Equity | ₹0.62 Cr | 1.04% |
| Sona BLW Precision Forgings Ltd | Equity | ₹0.62 Cr | 1.03% |
| Aarti Industries Ltd | Equity | ₹0.62 Cr | 1.03% |
| Ethos Ltd | Equity | ₹0.61 Cr | 1.01% |
| Info Edge (India) Ltd | Equity | ₹0.56 Cr | 0.94% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹0.55 Cr | 0.93% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹0.55 Cr | 0.91% |
| Mphasis Ltd | Equity | ₹0.52 Cr | 0.87% |
| Container Corporation of India Ltd | Equity | ₹0.51 Cr | 0.86% |
| Vinati Organics Ltd | Equity | ₹0.51 Cr | 0.85% |
| Prestige Estates Projects Ltd | Equity | ₹0.51 Cr | 0.85% |
| SBI Life Insurance Company Limited | Equity | ₹0.5 Cr | 0.84% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹0.5 Cr | 0.84% |
| Aptus Value Housing Finance India Ltd | Equity | ₹0.5 Cr | 0.83% |
| Happiest Minds Technologies Ltd Ordinary Shares | Equity | ₹0.49 Cr | 0.81% |
| Supreme Industries Ltd | Equity | ₹0.48 Cr | 0.81% |
| Navin Fluorine International Ltd | Equity | ₹0.48 Cr | 0.80% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹0.47 Cr | 0.79% |
| Net Receivables / (Payables) | Cash | ₹0.47 Cr | 0.79% |
| Timken India Ltd | Equity | ₹0.46 Cr | 0.77% |
| Mankind Pharma Ltd | Equity | ₹0.46 Cr | 0.77% |
| TeamLease Services Ltd | Equity | ₹0.46 Cr | 0.76% |
| Coromandel International Ltd | Equity | ₹0.45 Cr | 0.76% |
| Carborundum Universal Ltd | Equity | ₹0.44 Cr | 0.73% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹0.43 Cr | 0.72% |
| PB Fintech Ltd | Equity | ₹0.43 Cr | 0.72% |
| KEI Industries Ltd | Equity | ₹0.43 Cr | 0.72% |
| Bharat Forge Ltd | Equity | ₹0.42 Cr | 0.70% |
| Home First Finance Co India Ltd --- | Equity | ₹0.42 Cr | 0.70% |
| SRF Ltd | Equity | ₹0.42 Cr | 0.69% |
| PI Industries Ltd | Equity | ₹0.41 Cr | 0.69% |
| Havells India Ltd | Equity | ₹0.41 Cr | 0.68% |
| Tata Elxsi Ltd | Equity | ₹0.41 Cr | 0.68% |
| Motherson Sumi Wiring India Ltd | Equity | ₹0.4 Cr | 0.67% |
| Indian Hotels Co Ltd | Equity | ₹0.4 Cr | 0.67% |
| Torrent Power Ltd | Equity | ₹0.38 Cr | 0.64% |
| Safari Industries (India) Ltd | Equity | ₹0.38 Cr | 0.63% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.37 Cr | 0.61% |
| Deepak Nitrite Ltd | Equity | ₹0.36 Cr | 0.60% |
| Landmark Cars Ltd | Equity | ₹0.35 Cr | 0.58% |
| Devyani International Ltd | Equity | ₹0.33 Cr | 0.56% |
| APL Apollo Tubes Ltd | Equity | ₹0.33 Cr | 0.55% |
| Syngene International Ltd | Equity | ₹0.32 Cr | 0.54% |
| Narayana Hrudayalaya Ltd | Equity | ₹0.31 Cr | 0.52% |
Allocation By Market Cap (Equity)
Large Cap Stocks
44.52%
Mid Cap Stocks
26.14%
Small Cap Stocks
25.56%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹15.18 Cr | 25.32% |
| Industrials | ₹11.25 Cr | 18.77% |
| Consumer Cyclical | ₹6.75 Cr | 11.26% |
| Technology | ₹5.9 Cr | 9.84% |
| Basic Materials | ₹4.46 Cr | 7.44% |
| Healthcare | ₹4.27 Cr | 7.13% |
| Consumer Defensive | ₹3.35 Cr | 5.58% |
| Energy | ₹2.48 Cr | 4.13% |
| Communication Services | ₹2.24 Cr | 3.73% |
| Utilities | ₹1.3 Cr | 2.17% |
| Real Estate | ₹0.51 Cr | 0.85% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
VP
Vinay Paharia
Since April 2024
PP
Puneet Pal
Since April 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF663L01Y61 | Expense Ratio | 0.66% | Exit Load | No Charges | Fund Size | ₹60 Cr | Age | 19 Apr 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | BSE 500 India 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 Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2107.27 Cr | 31.1% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.60 Cr | 14.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2002.53 Cr | 37.2% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹894.08 Cr | 31.7% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹74.96 Cr | 19.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹894.08 Cr | 33.5% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹366.98 Cr | 33.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹366.98 Cr | 35.8% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹74.96 Cr | 17.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹519.24 Cr | 18.9% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of PGIM India Retirement Fund Direct Growth?
The NAV of PGIM India Retirement Fund Direct Growth, as of 25-Jul-2024, is ₹11.29.
What is the portfolio composition of PGIM India Retirement Fund Direct Growth?
The fund's allocation of assets is distributed as 96.22% in equities, 0.00% in bonds, and 3.78% in cash and cash equivalents.
Who manages the PGIM India Retirement Fund Direct Growth?
The fund managers responsible for PGIM India Retirement Fund Direct Growth are:-
- Vinay Paharia
- Puneet Pal
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.