VR Logo

3 star

PGIM India Equity Savings Fund


1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.07 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.87 -0.52 -0.53 2.86 7.39 11.20 6.50 5.48 7.30 8.66 8.18
VR MIP TRI 1.06 -0.57 -0.11 2.55 7.69 10.38 11.57 8.51 9.80 9.57 8.69
Hybrid: Equity Savings 1.16 -0.49 -0.30 2.79 8.30 11.90 10.13 5.63 8.04 -- --
Rank within category 19 10 18 10 15 13 21 10 9 -- --
Number of funds in category 23 23 23 23 23 23 23 14 11 0 0

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Equity Savings Fund
3 star
Jan-04 6.50 5.48 7.30 2.36 40
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 11.27 7.47 9.02 2.21 1,373
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 5.06 6.35 9.05 1.51 1,048
Axis Equity Saver Fund - Regular Plan
4 star
Aug-15 11.55 8.12 9.07 2.39 702
HDFC Equity Savings Fund  | Invest Online
2 star
Sep-04 10.15 5.28 10.00 2.09 2,577

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.89 (08-May-2014 - 15-May-2014) -7.94 (11-Mar-2020 - 18-Mar-2020)
Month 9.07 (26-Mar-2009 - 27-Apr-2009) -15.51 (20-Feb-2020 - 23-Mar-2020)
Quarter 11.20 (23-Mar-2020 - 22-Jun-2020) -16.35 (23-Dec-2019 - 23-Mar-2020)
Year 22.11 (05-May-2014 - 05-May-2015) -10.27 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.90 8.48 0.13 0.14 1.18 -3.35
VR MIP TRI 8.59 6.92 0.55 0.65 -- --
Hybrid: Equity Savings 5.85 9.59 0.14 0.17 1.30 -3.87
Rank within category 12 4 11 11 5 10
Number of funds in category 16 16 16 16 16 16

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 49
Number of Bonds 1
Average Maturity (yrs) 0.02
Top 10 Holdings (%) 50.39
Portfolio P/B Ratio 2.27
Portfolio P/E Ratio 25.92

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new PGIM India Insta Cash Direct-G Mutual Fund -- 0.00 - 10.08 10.08
equal Edelweiss Rural & Corporate Services 15/07/2021 Deep Discount Bonds A+ 0.00 - 0.96 0.90

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Vedanta Metals -- 8.87 0.00 8.81
down Indusind Bank Financial 24.18 9.02 0.00 8.10
down HDFC Bank Financial 25.92 10.30 5.14 5.42
down Bharti Airtel Communication -- 10.27 0.00 4.51
down State Bank of India Financial 10.79 3.71 0.00 3.32
down Reliance Industries Energy 32.81 8.87 1.22 3.20
equal HDFC Financial 28.84 9.66 0.00 3.09
equal Glenmark Pharma. Healthcare 15.54 2.50 0.00 2.28
down Infosys Technology 30.70 2.39 0.57 1.58
equal Tata Consultancy Services Technology 39.69 9.89 0.00 1.58
up Indiamart Intermesh Services 85.91 1.37 0.00 1.37
equal ICICI Bank Financial 26.46 9.73 0.75 1.08
equal Cadila Healthcare Healthcare 27.83 1.06 0.00 1.06
up Graphite India Engineering -- 0.99 0.00 0.99
equal Maruti Suzuki India Automobile 59.83 3.98 0.00 0.96
equal Shree Cement Construction 50.26 0.94 0.00 0.91
new Timken India Engineering 46.27 0.84 0.00 0.84
new Godrej Consumer Products FMCG 52.85 0.84 0.00 0.84
up Cipla Healthcare 35.41 2.16 0.00 0.82
new Can Fin Homes Financial 15.59 0.82 0.00 0.82
new Relaxo Footwears FMCG 101.05 0.81 0.00 0.81
new Polycab India Engineering 24.74 0.81 0.00 0.81
new Hindalco Inds. Metals 38.17 0.79 0.00 0.79
new Exide Industries Engineering 27.77 0.79 0.00 0.79
new Abbott India Healthcare 46.50 1.05 0.00 0.79

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Alok Agarwal since 22-Aug-2016

Education: Mr. Agarwal is a CA, CFA, MS (Finance) and M.Com.

Experience: Prior to joining DHFL Pramerica Mutual Fund he was associated with Deutsche Asset Management (I) Pvt. Ltd. (Jun 2014-Mar 2016) as Portfolio Manager (Equity), Deutsche Bank AG (Nov 2010-Jun 2014) as Portfolio Manager (Equity), K.R. Choksey Shares & Securities (Mar 2008-Nov 2010) as PMS-Head Portfolio Manager (Equity), E-nxt Finacials Ltd. (Aug 2007-Mar 2008) as Manager (Equity Research) and Pinnacle Academy (Jun 2002-Aug 2007) as Author, Head Faculty.

Funds Managed:

— Kumaresh Ramakrishnan since 05-Apr-2018

Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).

Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.

Funds Managed:


-0.52%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 35.6063

Dividend Yearly: ₹ 15.1555

More

Dividend Quarterly: ₹ 12.1024

Dividend Monthly: ₹ 12.0213

Dividend: ₹ 11.8617


Investment Strategy

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 29-Jan-2004
Return Since Launch: 7.76%
Benchmark: NIFTY 50 Arbitrage TRI (70), NIFTY 50 TRI (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 40 Cr (As on 31-Dec-2020)
Expense: 2.36% (As on 31-Dec-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 152.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Yearly27-Mar-20200.7260

 25-Mar-20190.8854
 23-Mar-20181.4233
 26-Sep-20140.7013
 28-Mar-20140.3741
 26-Mar-20130.7047
 29-Mar-20120.7047
 08-Apr-20110.5710
 25-Mar-20110.5694
 26-Mar-20100.5694
 26-Mar-20090.6570
 30-Mar-20070.5481
 31-Mar-20060.7367
 31-Mar-20050.5481
Dividend Monthly17-Jan-20200.0549

 17-Dec-20190.0549
 18-Nov-20190.0549
 17-Oct-20190.0629
 17-Sep-20190.0629
 19-Aug-20190.0629
 17-Jun-20190.0629
 17-May-20190.0629
 18-Apr-20190.0629
 19-Mar-20190.0354
 19-Feb-20190.0629
 17-Jan-20190.0629
 17-Dec-20180.0708
 19-Nov-20180.0708
 17-Oct-20180.0708
 17-Sep-20180.0708
 17-Aug-20180.0708
 17-Jul-20180.0708
 18-Jun-20180.0708
 17-May-20180.0708
 17-Apr-20180.0708
 23-Mar-20180.0800
 23-Feb-20180.0800
 25-Jan-20180.0800
 29-Dec-20170.0800
Dividend Quarterly26-Dec-20190.0708

 27-Sep-20190.1771
 28-Jun-20190.1062
 28-Dec-20180.1948
 28-Sep-20180.1948
 02-Jul-20180.1948
 23-Mar-20180.3821
 29-Dec-20170.2200
 28-Sep-20170.2100
 29-Jun-20170.2200
 24-Mar-20170.2200
 29-Dec-20160.2400
 29-Sep-20160.2400
 27-Jun-20160.2000
 28-Mar-20160.2100
 23-Dec-20150.1517
 24-Sep-20150.1517
 26-Jun-20150.1517
 27-Mar-20150.1815
 26-Dec-20140.1633
 26-Sep-20140.2338
 27-Jun-20140.1636
 28-Mar-20140.0779
 27-Dec-20130.0779
 27-Sep-20130.0779

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM