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PGIM India Mutual Fund

AUM
₹27,545.69 cr.
No. of Schemes
76
AMC Age
17Yrs
PGIM India Mutual Fund, previously known as DHFL Pramerica Mutual Fund, is now a wholly-owned business of Prudential Financial, the global investment PGIM India Mutual Fund, previously known as DHFL Pramerica Mutual Fund, is now a wholly-owned business of Prudential Financial, the global investment management business PGIM. They offer a variety of actively managed asset classes and investment styles like equities, fixed income, and real estate.Read More

List of Top PGIM India Mutual Fund Schemes

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3Y Returns
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About PGIM India Mutual Fund

PGIM India Mutual Fund, previously known as DHFL Pramerica Mutual Fund, is now a wholly-owned business of Prudential Financial, the global investment management business PGIM. PGIM is the investment management business of PFI. It is a leading global investment manager that offers a variety of actively managed asset classes and investment styles like equities, fixed income, and real estate.

Prudential Financial Inc. is the sponsor of PGIM India Mutual Fund. It is globally present across 17 countries in 39 offices with over 1,300+ investment professionals, including the United States, Asia, Europe and Latin America, offering various products and services, including life insurance, annuities, and retirement-related services, mutual funds and investment management to its customers.

PGIM India Asset Management is a full-service investment manager that caters to its customers, who are retail and institutional investors with a vast range of equity and fixed-income products and services throughout the country. PGIM handles about 25 open-ended funds operated by 17 investment experts. In addition to managing its investor's assets through domestic mutual funds, they also offer offshore funds and portfolio management services. PGIM strives to utilise the strength and stability of its 145-year legacy to build on its decade-long history in India.

PGIM India Mutual Fund Key Information

Founding date May 13, 2010
AMC Incorporation date September 24, 2008
Headquarters in Mumbai
Name of the sponsor Prudential Financial Inc.
Trustee organisation PGIM India Trustees Private Limited
MD and CEO Mr Ajit Menon
Chief Investment Officer Mr. Vinay Paharia
Compliance Officer Mr Sandeep Kamath

PGIM India Mutual Fund Managers

VP

Vinay Paharia

Fund Manager since Aug 2023 (3 years)

PP

Puneet Pal

Fund Manager since Aug 2023 (3 years)

BK

Bhupesh Kalyani

Fund Manager since Mar 2024 (2 years)

VS

Vivek Sharma

Fund Manager since Aug 2023 (3 years)

How to Invest in PGIM India Mutual Fund via Angel One?

Investing in the PGIM India MF, or any mutual fund for that matter, is an easy and hassle-free process when done through your Angel One account. Just take the following steps:

Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.

Note: In case you do not have an account with Angel One, you can open a Demat account with us in under a few minutes by submitting the necessary documents.

Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

  1. Search for the fund you want to invest in from funds listed by Angel across categories.
  2. Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
  3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  5. You may consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

  1. Decide whether you want to invest in a lump sum or via monthly SIP.
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, you can create a mandate to make future instalments hassle-free in the case of the SIP investment route.

You can learn more about the details of each fund from within the Angel One app itself.

Documents Required To Invest in PGIM Mutual Fund

Investing in PGIM India Mutual Funds through Angel One is a hassle-free, fully digital experience. To complete the KYC process and kickstart your investment journey, you'll need to furnish these essential documents:

  1. PAN Card Details (Required)
  2. Personal Information, including your Full Name, Mobile Number, and Email Address.
  3. Address Proof – Aadhar Card, both front and back sides recommended.
  4. Bank Account Details, along with a cancelled cheque, if requested.
  5. Nominee details and FATCA Declarations

Angel One simplifies the KYC verification, providing swift access to PGIM India Mutual Funds, whether you're a new or returning investor. Our user-friendly platform is designed to make your financial goals easily attainable. Expect your KYC process to be completed in just 48-72 business hours, enabling you to start your mutual fund journey promptly

Top 10 PGIM India Mutual Funds to Invest

Scheme Category AUM (in ₹ Cr) 3-Yr Returns (%) 1-Yr Return (%)
PGIM India Global Equity Opp Fund Equity 1,455.86 14.07 17.28
PGIM India ELSS Tax Saver Fund Equity 749.45 12.34 8.31
PGIM India Midcap Opp Fund Equity 10,459.70 12.33 6.58
PGIM India Small Cap Fund Equity 1,413.28 11.93 3.65
PGIM India Hybrid Equity Fund Hybrid 207.15 11.71 10.14
PGIM India Large Cap Fund Equity 570.93 10.92 4.22
PGIM India Flexi Cap Fund Equity 6,054.10 9.85 5.63
PGIM India Balanced Advantage Fund Hybrid 977.98 9.63 6.81
PGIM India Dynamic Bond Fund Debt 105.20 7.35 8.60
PGIM India Gilt Fund Debt 114.56 7.07 7.95
  Note: All data is as of February  2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

1. PGIM India Global Equity Opportunities Fund

The PGIM India Global Equity Opportunities Fund is an open-ended equity fund investing predominantly in global equity markets. The fund aims to provide long-term capital appreciation by investing in a diversified portfolio of global companies across various sectors.  Managed by Anandha Padmanabhan Anjeneyan and Vivek Sharma, the scheme is benchmarked against the MSCI All Country World Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment. 

2. PGIM India ELSS Tax Saver Fund

The PGIM India ELSS Tax Saver Fund is an open-ended equity-linked savings scheme with a statutory lock-in period of three years, offering tax benefits under Section 80C of the Income Tax Act. The fund aims to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments.  Managed by Vivek Sharma, Utsav Mehta, Vinay Paharia, and Bhupesh Kalyani, the scheme is benchmarked against the NIFTY 500 Total Return Index. As per standard ELSS guidelines, no exit load is applicable due to the mandatory lock-in period of 3 years.​

3. PGIM India Midcap Opportunities Fund

The PGIM India Midcap Opportunities Fund is an open-ended equity scheme investing predominantly in mid-cap companies. The fund aims to provide long-term capital appreciation by focusing on companies with a market capitalization within the NIFTY Midcap 150 Index.  Managed by Vivek Sharma, Utsav Mehta, Vinay Paharia, and Puneet Pal, the scheme is benchmarked against the NIFTY Midcap 150 Total Return Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment. ​

4. PGIM India Small Cap Fund

The PGIM India Small Cap Fund is an open-ended equity scheme investing predominantly in small-cap companies. The fund aims to provide long-term capital appreciation by identifying companies with robust growth potential within the small-cap segment.  Managed by Utsav Mehta, Vivek Sharma, Vinay Paharia, and Puneet Pal, the scheme is benchmarked against the NIFTY Smallcap 250 Total Return Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment.​

5. PGIM India Hybrid Equity Fund

The PGIM India Hybrid Equity Fund is an open-ended hybrid scheme investing predominantly in equity and equity-related instruments, along with debt and money market instruments. The fund aims to provide capital appreciation and income distribution by maintaining a balanced portfolio.  Managed by Vivek Sharma, Anandha Padmanabhan Anjeneyan, Vinay Paharia, and Puneet Pal, the scheme is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment.​

6. PGIM India Large Cap Fund

The PGIM India Large Cap Fund is an open-ended equity scheme investing predominantly in large-cap companies. The fund aims to provide long-term capital appreciation by focusing on companies with a market capitalization within the NIFTY 100 Index.  Managed by Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, and Bhupesh Kalyani, the scheme is benchmarked against the NIFTY 100 Total Return Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment.​

7. PGIM India Flexi Cap Fund

The PGIM India Flexi Cap Fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap, and small-cap stocks. The fund aims to provide long-term capital appreciation by diversifying investments across different market capitalisations.  Managed by Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, and Puneet Pal, the scheme is benchmarked against the NIFTY 500 Total Return Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment. ​

8. PGIM India Balanced Advantage Fund

The PGIM India Balanced Advantage Fund is an open-ended dynamic asset allocation scheme. The fund aims to provide capital appreciation and income distribution by dynamically adjusting its allocation between equity, debt, and money market instruments based on market conditions.  Managed by Utsav Mehta, Anandha Padmanabhan Anjeneyan, Vinay Paharia, and Puneet Pal, the scheme is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. The fund imposes an exit load of 0.50% if units are redeemed within 90 days from the date of allotment.​

9. PGIM India Dynamic Bond Fund

The PGIM India Dynamic Bond Fund is an open-ended dynamic debt scheme investing across duration. The fund aims to provide income and capital appreciation by actively managing a portfolio of debt and money market instruments across various durations.  Managed by Puneet Pal and Bhupesh Kalyani, the scheme is benchmarked against the CRISIL Composite Bond Fund Index. The fund does not impose any exit load.​

10. PGIM India Gilt Fund

The PGIM India Gilt Fund is an open-ended debt scheme investing predominantly in government securities across maturities. The fund aims to provide income and capital appreciation by investing in securities issued by the Government of India.  Managed by Puneet Pal and Bhupesh Kalyani, the scheme is benchmarked against the CRISIL Dynamic Gilt Index. The fund does not impose any exit load, meaning investors can redeem their units at any time without incurring additional charges.

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PGIM India Mutual Fund FAQs

You can either invest in the PGIM India Mutual Fund directly through its website or by using Angel One's investment portal. You can simply open the app, go to the mutual funds section, look up PGIM MF, and start your investment journey based on your risk appetite.
You can redeem your units in PGIM India MF for online investments in three ways. First, via the Angel One App under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your PGIM Mutual Fund units by visiting AMC's website.
To determine the best in the PGIM Mutual Fund, conduct thorough research on the various schemes offered by them. Consider factors such as the scheme's investment objective, costs, historical performance, and risk level to select the one that aligns with your financial goals, risk tolerance, and horizon.
Yes, PGIM India Mutual Fund AMC does have the PGIM India ELSS Tax Saver Fund, which is a tax savings fund that has a statutory lock-in of 3 years and tax benefits as permitted under the Income Tax Act of 1961. Otherwise, normal long-term capital gains tax is charged when returns are beyond ₹1 lakh per financial year.
PGIM India Mutual Fund is wholly owned by US-based Prudential Financial, Inc.’s global investment management business, PGIM. They have operations in the US, Latin America, Europe and Asia.
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