DHFL Pramerica/PGIM India Mutual Fund | Types of Mutual Fund- Fincash

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PGIM India Mutual Fund (Formerly DHFL Pramerica Mutual Fund)

Updated on November 17, 2024 , 8572 views

DHFL Pramerica Mutual Fund, renamed as PGIM India Mutual Fund is one of the biggest financial services provider in the country. Today PGIM is a global investment management business of PFI (Prudential Financial, Inc) and is one of the topmost investment managers with an asset of over USD 1.2 trillion. It offers a wide Range of actively managed asset classes and investment styles including Equities, Fixed Income and Real Estate. PGIM is present across 15 countries and has 37 offices with over 1,200+ investment professionals.

PGIM India

AMC	PGIM India Mutual Fund (Formerly DHFL Pramerica Mutual Fund)
Date of Setup	May 13, 2010
AUM	INR 4264.14 (Quarterly)
Managing Director & CEO	Mr. Ajit Menon
CIO	Mr. Srinivas Rao Ravuri
Compliance Officer	Mr. Sandeep Kamath
investor Service Officer	Mr. Murali Ramasubramanian
Headquarters	Mumbai
Customer Care Number	1800-266-7446
Fax	022 - 61593100
Telephone	9930738128
Website	https://www.pgimindiamf.com/
Email	care@pgimindia.co.in

Important Information about DHFL Mutual Fund

From July 2019, DHFL Mutual Fund has been renamed as PGIM India Mutual Fund. PGIM India has acquired 100% stakes in DHFL- PGIM Asset Management.

Today, it is India's one of the leading mortgage finance institutions. The primary vision of PGIM India/DHFL throughout its span has been Financial Inclusion. Its network along with understanding about the local customer needs has helped the company to reach out to even in India's smallest towns.

PGIM India Mutual Fund is a business owned by PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). With operations in the United States, Asia, Europe and Latin America, PFI has provided its customers with a wide range of products and services, including Life Insurance, annuities, retirement-related services, Mutual Funds and investment management.

The PFI has a diverse and talented team of employees who are committed to help all its customers individual as well as institutional to grow and protect their wealth.

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Types of Funds Offered by PGIM India/DHFL Pramerica Mutual Fund

PGIM India Mutual Fund offers a wide range of schemes under different categories to cater the varied requirements of the individuals. Some of these categories of Mutual Fund along with the best schemes in them are as follows.

DHFL Pramerica/PGIM India Equity Funds

Equity Funds are the Mutual Fund schemes that invest their fund money in equity and equity-related instruments of various companies. These schemes are a good investment option in the long-term. PGIM India offers numerous schemes under equity category. Some of the best schemes are as follows.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2023 (%)
PGIM India Large Cap Fund Growth	₹318.88 ↑ 1.47	₹587	-4.9	3.1	16.5	8.2	12.6	19.7
PGIM India Midcap Opportunities Fund Growth	₹60.96 ↑ 0.49	₹10,943	-3.2	6.9	22.2	11.3	27.9	20.8
PGIM India Diversified Equity Fund Growth	₹34.04 ↑ 0.21	₹6,338	-3.6	6.5	20.8	7.5	20	19.9
PGIM India Tax Savings Fund Growth	₹32.99 ↑ 0.15	₹756	-2.5	7.3	19.5	11.7	17.6	19.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 24

PGIM India Debt Funds

The accumulated fund money of debt funds is invested in Fixed Income and money market instruments that vary on maturity periods. The risk-appetite of debt funds is less as compared to equity funds. Debt Funds are a good option for short and medium-term investments. Some of the Best Debt Funds of DHFL Pramerica are tabulated as follows.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2023 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
PGIM India Credit Risk Fund Growth	₹15.5876 ↑ 0.00	₹39	0.6	4.4	8.4	3		5.01%	6M 14D	7M 2D
PGIM India Insta Cash Fund Growth	₹325.82 ↑ 0.06	₹555	1.8	3.6	7.3	6.2	7	7.06%	1M 3D	1M 6D
PGIM India Low Duration Fund Growth	₹26.0337 ↑ 0.01	₹104	1.5	3.3	6.3	4.5		7.34%	6M 11D	7M 17D
PGIM India Short Maturity Fund Growth	₹39.3202 ↓ 0.00	₹28	1.2	3.1	6.1	4.2		7.18%	1Y 7M 28D	1Y 11M 1D
PGIM India Gilt Fund Growth	₹28.8841 ↑ 0.01	₹116	1.3	4.5	9.1	5.5	6.6	6.99%	8Y 10M 28D	17Y 9M 11D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 Jan 22

DHFL Pramerica/PGIM India Hybrid Funds

Hybrid Fund invest their corpus in a pre-determined proportion in equity and fixed income instruments. These schemes are suitable for investors seeking for long-term Capital gains along with regular income. The best schemes under hybrid category are as follows.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2023 (%)
PGIM India Equity Savings Fund Growth	₹47.1159 ↑ 0.05	₹90	0.7	3.6	8.8	5.9	7.2	8.1
PGIM India Arbitrage Fund Growth	₹17.6717 ↑ 0.02	₹93	1.7	3.5	7.3	5.7	5	6.6
PGIM India Hybrid Equity Fund Growth	₹121.04 ↓ -0.36	₹209	-2.1	5	16.4	6.6	11.4	17.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 24

1. PGIM India Tax Savings Fund

"The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective shall be realize"

PGIM India Tax Savings Fund is a Equity - ELSS fund was launched on 11 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.3% since its launch. Return for 2023 was 19.5% , 2022 was 4.7% and 2021 was 37.5% .

Below is the key information for PGIM India Tax Savings Fund

PGIM India Tax Savings Fund Growth
Launch Date	11 Dec 15
NAV (19 Nov 24)	₹32.99 ↑ 0.15 (0.46 %)
Net Assets (Cr)	₹756 on 31 Oct 24
Category	Equity - ELSS
AMC	Pramerica Asset Managers Private Limited
Rating	Not Rated
Risk	Moderately High
Expense Ratio	2.32
Sharpe Ratio	1.38
Information Ratio	-0.53
Alpha Ratio	-4.67
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹9,601
31 Oct 21	₹15,628
31 Oct 22	₹16,696
31 Oct 23	₹17,892
31 Oct 24	₹22,689

PGIM India Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for PGIM India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24

Duration	Returns
1 Month	-3.7%
3 Month	-2.5%
6 Month	7.3%
1 Year	19.5%
3 Year	11.7%
5 Year	17.6%
10 Year
15 Year
Since launch	14.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	19.5%
2022	4.7%
2021	37.5%
2020	17.9%
2019	8.2%
2018	-6.4%
2017	39.3%
2016	1.7%
2015
2014

Fund Manager information for PGIM India Tax Savings Fund

Name	Since	Tenure
Bhupesh Kalyani	1 Apr 23	1.59 Yr.
Vinay Paharia	1 Apr 23	1.59 Yr.
Utsav Mehta	15 Apr 24	0.55 Yr.
Vivek Sharma	15 Apr 24	0.55 Yr.

Data below for PGIM India Tax Savings Fund as on 31 Oct 24

Equity Sector Allocation

Sector	Value
Financial Services	28.97%
Industrials	14.93%
Consumer Cyclical	10.13%
Technology	9.56%
Health Care	7.91%
Consumer Defensive	7.65%
Basic Materials	6.25%
Energy	4.61%
Communication Services	3.31%
Utility	1.43%
Real Estate	1.06%

Asset Allocation

Asset Class	Value
Cash	4.07%
Equity	95.8%
Debt	0.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| HDFCBANK	7%	₹54 Cr	310,814
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jan 16 \| ICICIBANK	6%	₹46 Cr	364,764
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 17 \| RELIANCE	5%	₹37 Cr	124,561
Bajaj Finance Ltd (Financial Services) Equity, Since 30 Sep 24 \| 500034	4%	₹34 Cr	43,500 ↑ 43,500
Avenue Supermarts Ltd (Consumer Defensive) Equity, Since 30 Sep 23 \| 540376	3%	₹24 Cr	46,699
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 24 \| TCS	3%	₹23 Cr	53,406
Bharti Airtel Ltd (Communication Services) Equity, Since 28 Feb 19 \| BHARTIARTL	3%	₹22 Cr	125,805
Cholamandalam Investment and Finance Co Ltd (Financial Services) Equity, Since 30 Nov 23 \| CHOLAFIN	3%	₹21 Cr	132,700
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 17 \| LT	3%	₹21 Cr	56,417
Zomato Ltd (Consumer Cyclical) Equity, Since 31 Dec 23 \| 543320	2%	₹18 Cr	661,249

2. PGIM India Credit Risk Fund

(Erstwhile DHFL Pramerica Credit Opportunities Fund)

The investment objective of the Scheme is to generate income and capital appreciation by investing predominantly in corporate debt. There can be no assurance that the investment objective of the Scheme will be realized.

PGIM India Credit Risk Fund is a Debt - Credit Risk fund was launched on 29 Sep 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.3% since its launch. Ranked 2 in Credit Risk category. .

Below is the key information for PGIM India Credit Risk Fund

PGIM India Credit Risk Fund Growth
Launch Date	29 Sep 14
NAV (21 Jan 22)	₹15.5876 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹39 on 31 Dec 21
Category	Debt - Credit Risk
AMC	Pramerica Asset Managers Private Limited
Rating	☆☆☆☆☆
Risk	Moderate
Expense Ratio	1.85
Sharpe Ratio	1.73
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Yield to Maturity	5.01%
Effective Maturity	7 Months 2 Days
Modified Duration	6 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹9,604
31 Oct 21	₹10,627

PGIM India Credit Risk Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235 Invest Now

Returns for PGIM India Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24

Duration	Returns
1 Month	0.3%
3 Month	0.6%
6 Month	4.4%
1 Year	8.4%
3 Year	3%
5 Year	4.2%
10 Year
15 Year
Since launch	6.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014

Fund Manager information for PGIM India Credit Risk Fund

Name	Since	Tenure

Data below for PGIM India Credit Risk Fund as on 31 Dec 21

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

3. PGIM India Low Duration Fund

The objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

PGIM India Low Duration Fund is a Debt - Low Duration fund was launched on 22 Jun 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.1% since its launch. Ranked 7 in Low Duration category. .

Below is the key information for PGIM India Low Duration Fund

PGIM India Low Duration Fund Growth
Launch Date	22 Jun 07
NAV (29 Sep 23)	₹26.0337 ↑ 0.01 (0.06 %)
Net Assets (Cr)	₹104 on 31 Aug 23
Category	Debt - Low Duration
AMC	Pramerica Asset Managers Private Limited
Rating	☆☆☆☆☆
Risk	Moderate
Expense Ratio	1.18
Sharpe Ratio	-1.66
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.34%
Effective Maturity	7 Months 17 Days
Modified Duration	6 Months 11 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹10,257
31 Oct 21	₹10,615
31 Oct 22	₹10,988

PGIM India Low Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹185,607.
Net Profit of ₹5,607 Invest Now

Returns for PGIM India Low Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.3%
1 Year	6.3%
3 Year	4.5%
5 Year	1.3%
10 Year
15 Year
Since launch	6.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014

Fund Manager information for PGIM India Low Duration Fund

Name	Since	Tenure

Data below for PGIM India Low Duration Fund as on 31 Aug 23

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

4. PGIM India Insta Cash Fund

(Erstwhile DHFL Pramerica Insta Cash Plus Fund)

To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments.

PGIM India Insta Cash Fund is a Debt - Liquid Fund fund was launched on 5 Sep 07. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch. Ranked 4 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for PGIM India Insta Cash Fund

PGIM India Insta Cash Fund Growth
Launch Date	5 Sep 07
NAV (19 Nov 24)	₹325.82 ↑ 0.06 (0.02 %)
Net Assets (Cr)	₹555 on 31 Oct 24
Category	Debt - Liquid Fund
AMC	Pramerica Asset Managers Private Limited
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.27
Sharpe Ratio	3.14
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.06%
Effective Maturity	1 Month 6 Days
Modified Duration	1 Month 3 Days

Growth of 10,000 investment over the years.

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹10,456
31 Oct 21	₹10,788
31 Oct 22	₹11,251
31 Oct 23	₹12,030
31 Oct 24	₹12,911

PGIM India Insta Cash Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for PGIM India Insta Cash Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3.6%
1 Year	7.3%
3 Year	6.2%
5 Year	5.3%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.3%
2020	4.2%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.1%

Fund Manager information for PGIM India Insta Cash Fund

Name	Since	Tenure
Bhupesh Kalyani	13 Sep 22	2.14 Yr.
Puneet Pal	16 Jul 22	2.3 Yr.

Data below for PGIM India Insta Cash Fund as on 31 Oct 24

Asset Allocation

Asset Class	Value
Cash	99.6%
Other	0.4%

Debt Sector Allocation

Sector	Value
Cash Equivalent	56.54%
Corporate	43.06%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
91 DTB 03012025 Sovereign Bonds \| -	12%	₹64 Cr	6,500,000 ↑ 6,500,000
Clearing Corporation Of India Ltd. CBLO/Reverse Repo \| -	8%	₹44 Cr
HDFC Bank Limited Certificate of Deposit \| -	6%	₹30 Cr	3,000,000
Sundaram Bnp Paribas Home Finance Limited Debentures \| -	5%	₹25 Cr	2,500,000
Rural Electrification Corporation Limited Debentures \| -	5%	₹25 Cr	2,500,000
Bank Of Baroda Certificate of Deposit \| -	5%	₹25 Cr	2,500,000
Canara Bank Certificate of Deposit \| -	5%	₹25 Cr	2,500,000
State Bank Of India Certificate of Deposit \| -	5%	₹25 Cr	2,500,000 ↑ 2,500,000
Punjab National Bank Certificate of Deposit \| -	5%	₹25 Cr	2,500,000
HDFC Securities Limited Commercial Paper \| -	5%	₹25 Cr	2,500,000

List of Name Change in Schemes of DHFL Pramerica Mutual Fund

After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended mutual funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before Investing in a scheme.

Here is a list of DHFL schemes that got new names:

Old Scheme Name	New Scheme Name
DHFL Pramerica Insta Cash Fund	PGIM India Insta Cash Fund
DHFL Pramerica Euro Equity Fund	PGIM India Euro Equity Fund
DHFL Pramerica Floating Rate Fund	PGIM India Floating Rate Fund
DHFL Pramerica Hybrid Debt fund	PGIM India Hybrid Debt Fund
DHFL Pramerica Hybrid Equity Fund	PGIM India Hybrid Equity Fund
DHFL Pramerica Medium Term Fund	PGIM India Medium Term Fund
DHFL Pramerica Strategic Debt Fund	PGIM India Strategic Debt Fund
DHFL Pramerica Credit Risk Fund	PGIM India Credit Risk Fund
DHFL Pramerica Equity Savings Fund	PGIM India Equity Savings Fund

*Note-The list will be updated as and when we get an insight about the changes in the scheme names.

PGIM India Mutual Fund Calculator

Like every Mutual Fund company, DHFL/PGIM India too has a mutual fund calculator that helps investors to calculate the amount they need to save to fulfil their objectives. Also known as sip calculator, it shows how the investment grows over a period of time. In addition, Mutual Fund calculator helps people to decide which type of scheme they need to choose to accomplish their objectives. Some of the input data that needs to be entered in the Mutual Fund calculator include income, monthly expenses, monthly savings amount, and other related parameters.

Know Your Monthly SIP Amount

Total investment required is ₹3/month for 20 Years
or ₹257 one time (Lumpsum)
to achieve ₹5,000 Invest Now

DHFL Pramerica Mutual Fund Statement

You can generate your DHFL Pramerica/PGIM India Mutual Fund account statement from their website by entering your registered email-id.

How to Invest in PGIM India Mutual Fund Online?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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DHFL Pramerica/PGIM India Mutual Fund NAV

PGIM India Mutual Fund NAV can be found on the AMFI website. The latest NAV can also be found on the asset management company's website. You can also check for the historical NAV of the Fund on the AMFI website.

Why Opt for PGIM India/DHFL Pramerica Mutual Fund?

1. Excellent Market Judgement

The schemes are designed with precise Market judgment. These schemes are ahead of the market and give out better returns. Also, there is a capital appreciation actively managed for long-term The offered schemes invest in companies with strong and proven track record.

2. A variety of Choice

Investors can choose from a large range of schemes. It offers large-cap focused diversified equity, dynamic Asset Allocation, Liquid Fund, alternate maturity plan, and credit opportunity debt fund.

3. Risk Profiling and Management

Each of the above-mentioned schemes has a detailed risk profile. PGIM India excellent Risk assessment with respect to the investor profile. Equity funds are supported by strong risk management while credit opportunities debt funds offer moderate risk.

4. Investor Centric

The AMC prides itself on giving innovative investor-centric solutions.

Corporate Address

Nirlon House, 2nd Floor, Dr Annie Besant Road, Worli, Mumbai - 400 030

Sponsors

Prudential Financial, Inc. (PFI)

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.