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.
| 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 |
VS
Vivek Sharma
Fund Manager since Aug 2024 (8 months)
Hide Details
Mr. Vivek Sharma, Fund Manager – Equity at PGIM India Asset Management Pvt Ltd., has over 14 years of expertise in equity markets, research, and fund management. A PGDM in Finance, he rejoined PGIM in April 2024 after a tenure at Edelweiss Asset Management as a Fund Manager. Previously, he served as a Fund Manager at PGIM (2017–2023) and as a Research Analyst at ICICI Securities (2010–2017), showcasing his extensive experience across prominent financial institutions.
PP
Puneet Pal
Fund Manager since Feb 2023 (2 years)
View Details
Mr. Pal did his MBA from SIBM Pune. Before joining PGIM India Mutual Fund, he worked with BNP Paribas AMC as Head - Fixed Income, with UTI AMC as SVP and Fund Manager and with TATA AMC as Fund Manager.
KJ
Kunal Jain
Fund Manager since Apr 2022 (3 years)
View Details
Mr. Jain has a B.Com and an MBA in Marketing. Before joining Canara Robeco Mutual Fund, he worked with PGIM India Mutual Fund, Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as a fixed income dealer.
VP
Vinay Paharia
Fund Manager since Mar 2024 (1 year)
View Details
Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai. Before PGIM India Mutual Fund, he worked with Union Mutual Fund, Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd, and First Global Stock Broking Pvt. Ltd.
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:
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.
You can learn more about the details of each fund from within the Angel One app itself.
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:
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
| 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Get the link to download the App
