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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 28, 2024 , 8591 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-MF

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.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
PGIM India Large Cap Fund Growth ₹328.27
↑ 2.26
₹587-4.66.118.31113.119.7
PGIM India Midcap Opportunities Fund Growth ₹62.8
↑ 0.26
₹10,943-2.310.424.414.628.520.8
PGIM India Diversified Equity Fund Growth ₹35.12
↑ 0.22
₹6,338-2.510.622.810.720.619.9
PGIM India Tax Savings Fund Growth ₹34.03
↑ 0.22
₹756-1.210.621.514.218.319.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 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.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
PGIM India Credit Risk Fund Growth ₹15.5876
↑ 0.00
₹390.64.48.43 5.01%6M 14D7M 2D
PGIM India Insta Cash Fund Growth ₹326.414
↑ 0.06
₹5551.83.57.36.377.06%1M 3D1M 6D
PGIM India Low Duration Fund Growth ₹26.0337
↑ 0.01
₹1041.53.36.34.5 7.34%6M 11D7M 17D
PGIM India Short Maturity Fund Growth ₹39.3202
↓ 0.00
₹281.23.16.14.2 7.18%1Y 7M 28D1Y 11M 1D
PGIM India Gilt Fund Growth ₹29.0122
↑ 0.09
₹1161.64.49.65.66.66.99%8Y 10M 28D17Y 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.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
PGIM India Equity Savings Fund Growth ₹47.3413
↑ 0.09
₹900.84.18.96.37.38.1
PGIM India Arbitrage Fund Growth ₹17.6756
↑ 0.01
₹931.63.57.15.74.96.6
PGIM India Hybrid Equity Fund Growth ₹124.6
↓ -0.73
₹209-0.97.419.38.711.717.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 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 14.6% 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 (29 Nov 24) ₹34.03 ↑ 0.22   (0.65 %)
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.

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,791
30 Nov 21₹15,644
30 Nov 22₹17,342
30 Nov 23₹19,216
30 Nov 24₹23,197

PGIM India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
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 29 Nov 24

DurationReturns
1 Month 1%
3 Month -1.2%
6 Month 10.6%
1 Year 21.5%
3 Year 14.2%
5 Year 18.3%
10 Year
15 Year
Since launch 14.6%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Bhupesh Kalyani1 Apr 231.59 Yr.
Vinay Paharia1 Apr 231.59 Yr.
Utsav Mehta15 Apr 240.55 Yr.
Vivek Sharma15 Apr 240.55 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services28.97%
Industrials14.93%
Consumer Cyclical10.13%
Technology9.56%
Health Care7.91%
Consumer Defensive7.65%
Basic Materials6.25%
Energy4.61%
Communication Services3.31%
Utility1.43%
Real Estate1.06%
Asset Allocation
Asset ClassValue
Cash4.07%
Equity95.8%
Debt0.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
7%₹54 Cr310,814
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
6%₹46 Cr364,764
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
5%₹37 Cr124,561
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 24 | 500034
4%₹34 Cr43,500
↑ 43,500
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Sep 23 | 540376
3%₹24 Cr46,699
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 24 | TCS
3%₹23 Cr53,406
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 19 | BHARTIARTL
3%₹22 Cr125,805
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 23 | CHOLAFIN
3%₹21 Cr132,700
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT
3%₹21 Cr56,417
Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | 543320
2%₹18 Cr661,249

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.

DateValue
30 Nov 19₹10,000
30 Nov 20₹9,690
30 Nov 21₹10,625

PGIM India Credit Risk Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 29 Nov 24

DurationReturns
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
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for PGIM India Credit Risk Fund
NameSinceTenure

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

Asset Allocation
Asset ClassValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

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.

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,242
30 Nov 21₹10,581
30 Nov 22₹10,982

PGIM India Low Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 29 Nov 24

DurationReturns
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
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for PGIM India Low Duration Fund
NameSinceTenure

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

Asset Allocation
Asset ClassValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

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 (29 Nov 24) ₹326.414 ↑ 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.

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,439
30 Nov 21₹10,775
30 Nov 22₹11,261
30 Nov 23₹12,046
30 Nov 24₹12,928

PGIM India Insta Cash Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 29 Nov 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.3%
3 Year 6.3%
5 Year 5.3%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Bhupesh Kalyani13 Sep 222.14 Yr.
Puneet Pal16 Jul 222.3 Yr.

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

Asset Allocation
Asset ClassValue
Cash99.6%
Other0.4%
Debt Sector Allocation
SectorValue
Cash Equivalent56.54%
Corporate43.06%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 03012025
Sovereign Bonds | -
12%₹64 Cr6,500,000
↑ 6,500,000
Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -
8%₹44 Cr
HDFC Bank Limited
Certificate of Deposit | -
6%₹30 Cr3,000,000
Sundaram Bnp Paribas Home Finance Limited
Debentures | -
5%₹25 Cr2,500,000
Rural Electrification Corporation Limited
Debentures | -
5%₹25 Cr2,500,000
Bank Of Baroda
Certificate of Deposit | -
5%₹25 Cr2,500,000
Canara Bank
Certificate of Deposit | -
5%₹25 Cr2,500,000
State Bank Of India
Certificate of Deposit | -
5%₹25 Cr2,500,000
↑ 2,500,000
Punjab National Bank
Certificate of Deposit | -
5%₹25 Cr2,500,000
HDFC Securities Limited
Commercial Paper | -
5%₹25 Cr2,500,000

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

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
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?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

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

    Get Started

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.
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