EquityLarge Cap FundDirectGrowthVery High

PGIM India Large Cap Fund

Q: What is the NAV of PGIM India Large Cap Fund?

As of 06 Oct 2026, the NAV of PGIM India Large Cap Fund is ₹384.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has PGIM India Large Cap Fund delivered?

PGIM India Large Cap Fund has returned -5.43% over 1 year, +6.97% per year over 3 years, +6.14% per year over 5 years and +11.58% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of PGIM India Large Cap Fund?

PGIM India Large Cap Fund charges an expense ratio of 1.09% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of PGIM India Large Cap Fund?

PGIM India Large Cap Fund's largest holdings are ICICI Bank Ltd. (8.8%), HDFC Bank Ltd. (7.9%), Bharti Airtel Ltd. (4.8%), Reliance Industries Ltd. (4.4%) and State Bank of India (4.3%). Holdings are disclosed monthly and change over time.

Q: How risky is PGIM India Large Cap Fund?

PGIM India Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.0% and its worst peak-to-trough fall in our sample was -37.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India Large Cap Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of PGIM India Large Cap Fund?

PGIM India Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages PGIM India Large Cap Fund?

PGIM India Large Cap Fund is managed by Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia and Akhil Dhar at PGIM India.

Q: How is PGIM India Large Cap Fund taxed?

PGIM India Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

PGIM India Mutual Fund · Best Large Cap Mutual Funds

NAV

₹384.20

+0.87% 1D

as of 06 Oct 2026

This is the Direct plan of PGIM India Large Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

-5.43%absolute

52-week rangePrev NAV ₹380.89

Latest ₹384.20

Low ₹357.7941st percentile of its 52-week rangeHigh ₹421.62

Scorecard

★☆☆☆☆1/5 vs 30 of 34 Large Cap Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Large Cap Fund (same plan and option). 30 of the 34 Large Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +6.97% · ranks 27 of 30 Large Cap Funds

RiskModerate

Volatility 13.0% vs 13.5% category avg

CostAverage

1.1% expense vs 1.1% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 98% of rolling 3-year windows

Concerns

1-year return (-5.43%) trails the Large Cap Fund average (-3.65%)
3-year return (+6.97%) trails the Large Cap Fund average (+9.61%)
5-year return (+6.14%) trails the Large Cap Fund average (+8.50%)
Weaker risk-adjusted returns — Sharpe 0.04 below the Large Cap Fund average of 0.23

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.09%

Category 1.15%▼0.06%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

20.83

Category 21.62▼0.79

Excess return per unit of total volatility (rf = 6.5%)

0.04

Category 0.23▼0.19

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

- For each purchase of units through Lumpsum / switch‐in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: • For Exits within 90 days from date of allotment of units : 0.50%. • For Exits beyond 90 days from date of allotment of units : NIL The entire exit load (net of Goods and Service Tax), charged, if any, shall be credited to the Scheme

Up to 0.50%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

NIFTY 100 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

08 Mar 2016

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.62%

Absolute return over the last 3 months (not annualized)

-4.38%

Absolute return over the last 6 months (not annualized)

+4.70%

Absolute return since 1 Jan of this year (not annualized)

-7.99%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-5.43%

3-year annualized return (CAGR)

+6.97%

5-year annualized return (CAGR)

+6.14%

10-year annualized return (CAGR)

+10.49%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.58%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.02%

Excess return per unit of total volatility (rf = 6.5%)

0.04

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.05

Largest peak-to-trough decline over full history

-37.38%

Benchmark ratios (vs Nifty 100 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 100 TRI

-1.05%

Sensitivity to Nifty 100 TRI moves; 1 = moves with the index

0.96

How much of the fund's movement Nifty 100 TRI explains

96.8%

Excess return per unit of beta (market risk)

0.33

Active return over the benchmark per unit of tracking error

-0.44

Annualized std dev of fund-minus-benchmark returns

2.67%

Fund's share of benchmark gains in up months (100 = matches index)

93.1%

Fund's share of benchmark losses in down months (lower is better)

96.8%

Computed vs the Nifty 100 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Large Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.62%	-3.95%	+0.33%
3M abs	-4.38%	-4.37%	-0.01%
6M abs	+4.70%	+3.99%	+0.71%
1Y CAGR	-5.43%	-3.65%	-1.78%
3Y CAGR	+6.97%	+9.61%	-2.64%
5Y CAGR	+6.14%	+8.50%	-2.36%

Category average across peers in Large Cap Fund (up to 34 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 34 peers in Large Cap Fund

1Y return

-5.43%

Beats 37.5% · rank #21

3Y return

+6.97%

Beats 10.3% · rank #27

5Y return

+6.14%

Beats 7.7% · rank #25

Sharpe

0.04

Beats 10.3% · rank #27

Sortino

0.05

Beats 10.3% · rank #27

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.93L

Absolute

+15.48%

XIRR

+5.88%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into PGIM India Large Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 100 TRI	Diff
2026part	-7.99%	-9.64%	+1.65%
2025	+8.99%	+10.40%	-1.41%
2024	+11.08%	+13.11%	-2.03%
2023	+21.49%	+21.72%	-0.23%
2022	+2.99%	+5.03%	-2.04%
2021	+22.81%	+26.41%	-3.60%
2020	+15.00%	+16.49%	-1.49%
2019	+15.92%	+11.77%	+4.15%
2018	-2.12%	+2.35%	-4.47%
2017	+30.37%	+32.57%	-2.20%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

2,606

Expense ratio

1.09%

AUM

₹534.81Cr

Portfolio turnover

37%

Exit load

P/E ratio

20.8

P/B ratio

4.7

Avg market cap

₹5,40,674Cr

P/E & P/B are portfolio-weighted harmonic means across 48 of 56 equity holdings (93% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Large Cap Fund

Compare all


PGIM India Large Cap FundThis fund PGIM India · Direct · Growth	★☆☆☆☆	-5.43%	+6.97%	+6.14%	20.83	1.09%	₹534.81Cr
Taurus Large Cap Fund Taurus · Direct · Growth	★★☆☆☆	+7.38%	+13.46%	+10.38%	19.40	2.51%	₹58.15Cr
quant Large Cap Fund quant · Direct · Growth	★★★☆☆	+3.56%	+13.35%	—	29.20	1.46%	₹3,628Cr
Invesco India Large Cap Fund Invesco · Direct · Growth	★★★★☆	+0.07%	+13.13%	+10.73%	26.06	0.91%	₹1,949Cr
WhiteOak Capital Large Cap Fund WhiteOak Capital · Direct · Growth	★★★★★	-2.92%	+12.32%	—	21.25	0.91%	₹1,251Cr
Bandhan Large Cap Fund Bandhan · Direct · Growth	★★★☆☆	-1.80%	+12.13%	+9.91%	20.94	1.08%	₹2,144Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap90.0%
Mid cap10.0%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.99%
Cash & Equivalents1.92%
Debt0.09%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Canara Robeco Large Cap Fund Canara Robeco · Large Cap Fund	74.1%!	★★★★☆	0.63%	+9.32%
PGIM India Balanced Advantage Fund PGIM India · Dynamic Asset Allocation or Balanced Advantage	71.7% of 75% equity	★☆☆☆☆	0.91%	+6.67%
360 ONE ELSS Tax Saver Nifty 50 Index Fund 360 One · Index Funds	69.5%	★★☆☆☆	0.37%	+5.97%
Taurus Nifty 50 Index Fund Taurus · Index Funds	69.5%	★★☆☆☆	0.86%	+5.30%
DSP Nifty 50 Index Fund DSP · Index Funds	69.5%	★★★☆☆	0.22%	+6.07%
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	69.5%	★★★☆☆	0.16%	+6.06%
Franklin India NSE Nifty 50 Index Fund Franklin Templeton · Index Funds	69.5%	★★★☆☆	0.31%	+6.03%
ICICI Prudential Nifty 50 Index Fund ICICI Prudential · Index Funds	69.5%	★★★☆☆	0.24%	+5.99%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-37.4%17 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 09 Nov 2020 — 8 months under water after the low.
-19.9%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 26 May 2023 — 11 months under water after the low.
-17.0%26 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 28 Nov 2025 — 9 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹534.81Cr

July - September 2026

-5%

since January - March 2026

−₹34.26Cr

est. net flow, last quarter

At or near its largest, ₹562.48Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

PGIM India Mutual Fund is the Indian arm of PGIM, the global asset management business of the US insurer Prudential Financial. It was formerly DHFL Pramerica Mutual Fund; PGIM bought out DHFL's stake in 2019 and renamed the house.

Launched

12 May 2010

Total AUM

₹27,859Cr+4.6% QoQ

Avg AUM · July - September 2026

Website

pgimindia.com/mutual-funds

Fund Managers

AAAnandha Padmanabhan AnjeneyanManaging since 19 Aug 2023

Education

B Com, ACA, CFA, FRM

Experience

Collectively over 17 years of experience in Indian financial markets, primarily in equity research: • June 1, 2021 onwards – PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Assistant Fund Manager – Equity • January 2020 to May 31, 2021 – PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Dedicated Fund Manager – Overseas Investments • March 2019 to January 2020 – PGIM India Asset Management Pvt. Ltd. – Equity Analyst • May 2018 to March 2019 – Equity Analyst – Renaissance Investment Managers Private Ltd. • August 2010 to May 2018 – Equity Analyst – Canara Robeco Asset Management Company Ltd. • September 2009 to August 2010 – Fixed Income Dealer- Canara Robeco Asset Management Company Ltd.

Funds managed (12)

All schemes Anandha Padmanabhan Anjeneyan runs →

VSVivek SharmaManaging since 15 Apr 2024

Education

PGDM - Finance

Experience

Collectively over 15 years of experience in Equity market, research and fund Management : • April 09, 2024 onwards - PGIM India Asset Management Pvt Ltd. - Fund Manager – Equity • September 01, 2023 to March 20, 2024 - Edelweiss Asset Management Limited - Fund Manager – Equity • March 09, 2017 to August 18, 2023 - PGIM India Asset Management Private Limited - Fund Manager – Equity • October 01, 2010 to March 06, 2017 - ICICI Securities Ltd - Research Analyst

Funds managed (13)

All schemes Vivek Sharma runs →

VPVinay PahariaManaging since 01 Apr 2023

Education

B.Com.

Experience

Collectively over 22 years of experience in Indian financial markets, primarily in equity research & Fund Management:- • January 27, 2023 onwards - PGIM India Asset Management Private Limited - Chief Investment Officer • April 2018 to January 2023 - Union Asset Management Company Ltd. Last Position Held - Chief Investment Officer. • January 2007 to March 2018 – Invesco Asset Management Company Ltd. Last Position Held – Fund Manager - Equity

Funds managed (13)

All schemes Vinay Paharia runs →

ADAkhil DharManaging since 25 Feb 2026

Role

Fund Manager and Credit Analyst – Fixed Income

Education

PGDBM (Finance) and B.E (Electrical) No. of Qualificati yearson of Exper ience

Experience

Over 9 years of experience in Credit Analysis and Research: • February 25, 2026 onwards - PGIM India Asset Management Private Limited - Fund Manager and Credit Analyst – Fixed Income • January 30, 2023 to February 24, 2026 - PGIM India Asset Management Private Limited - Credit Analyst • December 20, 2021 to January 19, 2023 - IndusInd Bank including assignments held during the last 10 years Limited - Chief Manager - Corporate Ratings • February 14, 2020 to December 16, 2021 - CARE Ratings Limited - Lead Analyst - Corporate ratings • November 05, 2019 to February 10, 2020 - India Ratings and Research Private Limited - Research Analyst - Core Analytical Group • April 03, 2017 to October 16, 2019 - CARE Ratings Limited - Analyst - Corporate ratings

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Anandha Padmanabhan Anjeneyan Vivek Sharma Vinay Paharia

Top holdings

ICICI Bank Ltd.HDFC Bank Ltd.Bharti Airtel Ltd.Reliance Industries Ltd.State Bank of India Larsen & Toubro Ltd.Eternal Ltd.Kotak Mahindra Bank Ltd.Titan Company Ltd.Bajaj Finance Ltd.Tech Mahindra Ltd.Axis Bank Ltd.

PGIM India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Large Cap funds

Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.

From the blog

Frequently asked questions

What is the NAV of PGIM India Large Cap Fund?

As of 06 Oct 2026, the NAV of PGIM India Large Cap Fund is ₹384.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has PGIM India Large Cap Fund delivered?

PGIM India Large Cap Fund has returned -5.43% over 1 year, +6.97% per year over 3 years, +6.14% per year over 5 years and +11.58% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of PGIM India Large Cap Fund?

PGIM India Large Cap Fund charges an expense ratio of 1.09% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of PGIM India Large Cap Fund?

PGIM India Large Cap Fund's largest holdings are ICICI Bank Ltd. (8.8%), HDFC Bank Ltd. (7.9%), Bharti Airtel Ltd. (4.8%), Reliance Industries Ltd. (4.4%) and State Bank of India (4.3%). Holdings are disclosed monthly and change over time.

How risky is PGIM India Large Cap Fund?

PGIM India Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.0% and its worst peak-to-trough fall in our sample was -37.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India Large Cap Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of PGIM India Large Cap Fund?

PGIM India Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Who manages PGIM India Large Cap Fund?

PGIM India Large Cap Fund is managed by Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia and Akhil Dhar at PGIM India.

How is PGIM India Large Cap Fund taxed?

PGIM India Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

PGIM India Large Cap Fund

Performance

Scorecard

Strengths & concerns

Strengths

Concerns

Key Metrics

Scheme Info

Period returns (<1Y, absolute — not annualized)

Annualized returns (≥1Y — CAGR)

Fund vs category average (Large Cap Fund)

Category rank

Backtest this fund

Calendar-year returns

Taxation

Peer comparison · Large Cap Fund

Market-cap allocation · AMFI bands, Jul 2026

Asset allocation

Holds the same stocks as (by portfolio overlap, not by category)

Fund size over time

AMC Profile

Fund Managers

Explore from here

PGIM India in the news

About Large Cap funds

From the blog

Large-cap funds: 30 of 33 lost money in the year

Large-cap funds vs the Nifty 50: 22 of 27 won over 5 years

Large-cap funds since March: same funds, new numbers

Frequently asked questions

Peer comparison · Large Cap Fund

Market-cap allocation · AMFI bands, Jul 2026

Holds the same stocks as (by portfolio overlap, not by category)