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PGIM India Mutual Fund in 2026: by the numbers

PGIM India MF managed ₹27,859 crore in July–September 2026, 28th of 55, up 3.5% in a year. 25 Direct Growth schemes, ranked on 3-year returns.

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A mid-sized house, growing slower than the industry

PGIM India managed an average of ₹27,859 crore in July–September 2026, excluding domestic fund-of-funds: 0.32% of the industry's ₹87,21,848 crore and 28th of 55 houses on AMFI's quarterly figures. Its fund house page carries the same number.

Quarter Average AUM (₹ crore) Rank Share of industry
July–September 2026 27,859 28 of 55 0.32%
April–June 2026 26,640 28 of 51 0.32%
July–September 2025 26,927 26 of 48 0.35%
July–September 2024 25,709 25 of 44 0.39%
July–September 2023 23,548 24 of 41 0.50%

Assets grew 3.5% in a year, against 13.1% for the industry, and 4.6% in the last quarter. It is losing share. A year ago it ranked 26th.

The shelf: 25 schemes

PGIM India has 25 schemes in Direct Growth: 8 equity, 7 debt, 5 hybrid, 3 fund-of-funds, 1 other, 1 index. By average assets in July–September 2026:

Scheme Average AUM (₹ crore)
PGIM India Midcap Fund 11,037
PGIM India Flexi Cap Fund 5,867
PGIM India Small Cap Fund 1,729
PGIM India Global Equity Opportunities Fund of Fund 1,694
PGIM India Emerging Markets Equity Fund of Fund 1,399
PGIM India Liquid Fund 1,190

The three largest account for 67% of the assets we could match to a scheme.

How the equity and hybrid funds rank

Each fund is ranked against every Direct Growth fund in its AMFI category on three-year return, to 22 October 2026. Categories with fewer than eight funds with a three-year record are not ranked.

Fund Category 1 year 3 years 3-year rank in category
PGIM India Small Cap Fund Small Cap 4.57% 13.42% 10th of 26
PGIM India Midcap Fund Mid Cap −6.37% 9.61% 26th of 29
PGIM India Flexi Cap Fund Flexi Cap −6.28% 9.37% 26th of 36
PGIM India Aggressive Hybrid Equity Fund Aggressive Hybrid −6.87% 8.22% 22nd of 28
PGIM India ELSS Tax Saver Fund ELSS −7.36% 7.93% 27th of 37
PGIM India Arbitrage Fund Arbitrage 6.44% 6.99% 21st of 27
PGIM India Large Cap Fund Large Cap −9.20% 6.74% 27th of 30
PGIM India Balanced Advantage Fund Dynamic Asset Allocation or Balanced Advantage −7.25% 6.46% 28th of 30
PGIM India Equity Savings Fund Equity Savings 1.15% 6.08% 20th of 20
PGIM India Healthcare Fund Sectoral/ Thematic 12.79% – –
PGIM India Large and Midcap Fund Large & Mid Cap −6.09% – –
PGIM India Multi Asset Allocation Fund Multi Asset Allocation – – –
PGIM India Multi Cap Fund Multi Cap −0.86% – –

Of the 9 funds ranked, 0 sit in the top quarter of their category over three years and 6 in the bottom quarter. The best placed is PGIM India Small Cap Fund (10th of 26 in Small Cap, 13.42% a year); the lowest placed is PGIM India Equity Savings Fund (20th of 20 in Equity Savings, 6.08% a year).

What they cost

Fund Direct expense ratio Category median Difference
PGIM India Small Cap Fund 0.95% 0.92% +0.03
PGIM India Midcap Fund 0.72% 0.95% −0.23
PGIM India Flexi Cap Fund 0.85% 0.96% −0.11
PGIM India Aggressive Hybrid Equity Fund 1.08% 1.08% 0.00
PGIM India ELSS Tax Saver Fund 1.07% 1.07% 0.00
PGIM India Large Cap Fund 1.09% 1.08% +0.01
PGIM India Balanced Advantage Fund 0.90% 1.02% −0.12
PGIM India Healthcare Fund 0.98% 1.15% −0.17
PGIM India Large and Midcap Fund 0.90% 1.08% −0.18
PGIM India Multi Asset Allocation Fund 0.85% 0.85% 0.00

2 of the 11 equity and hybrid funds with a published expense ratio (the table shows the first ten) charge more than their category's median in the Direct plan. Expense ratios come from the fund house's own disclosures and are already inside the returns.

Reading this

  • A fund house's size is not a quality mark. What matters to an investor is the fund they hold, against its own category.
  • Three-year ranks are a snapshot and move. A top-quarter rank today does not mean one next year.
  • Young funds lack a three-year record and are left out of the ranking, so the picture is of the older part of the shelf.
  • Returns are historical, computed from NAVs, and not a forecast. This is not a recommendation to buy or sell any fund.

For other houses, see the largest fund houses by AUM and the rank-change table.

Source: AMFI average AUM for July–September 2026; AMFI NAVs to 22 October 2026; fund houses' TER disclosures.

Frequently asked questions

How big is PGIM India Mutual Fund?

PGIM India managed an average of ₹27,859 crore in July–September 2026, excluding domestic fund-of-funds. That is 0.32% of the industry and 28th among 55 fund houses on AMFI's figures. Assets grew 3.5% in a year, against 13.1% for the industry.

Which PGIM India fund has the best 3-year record?

On Direct Growth returns to 22 October 2026, PGIM India Small Cap Fund (10th of 26 in Small Cap, 13.42% a year).

Are PGIM India's equity funds cheap?

2 of the 11 equity and hybrid funds with a published Direct expense ratio and a category of at least five funds charge more than their category's median.

This is commentary on published data, not investment advice. WealthTicker is not a SEBI-registered adviser or distributor. Figures are WealthTicker’s own calculations from public data — AMFI’s fund NAVs and disclosures, NSE’s index and FII/DII files, and the fund houses’ monthly portfolios (how we calculate). They are as of the dates stated and can be revised by their source.

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