HybridEquity SavingsRegularGrowthModerately High

PGIM India Equity Savings Fund

Q: What is the NAV of PGIM India Equity Savings Fund?

As of 01 Oct 2026, the NAV of PGIM India Equity Savings Fund is ₹50.32 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has PGIM India Equity Savings Fund delivered?

PGIM India Equity Savings Fund has returned +1.69% over 1 year, +5.34% per year over 3 years, +5.05% per year over 5 years and +6.76% 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 Equity Savings Fund?

PGIM India Equity Savings Fund charges an expense ratio of 1.77% 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 Equity Savings Fund?

PGIM India Equity Savings Fund's largest holdings are 7.1% Government of India (8.6%), Tata Steel Ltd. (7.5%), HDFC Bank Ltd. (7.4%), Reliance Industries Ltd. (6.4%) and Titan Company Ltd. (6.1%). Holdings are disclosed monthly and change over time.

Q: How risky is PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.7% and its worst peak-to-trough fall in our sample was -16.4%. 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 -0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India Equity Savings Fund's -0.42 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is benchmarked against the NIFTY Equity Savings Index. Its alpha and beta on this page are measured against that index.

Q: Who manages PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is managed by Puneet Pal, Vinay Paharia, Vivek Sharma and Anandha Padmanabhan Anjeneyan at PGIM India.

Q: How is PGIM India Equity Savings Fund taxed?

PGIM India Equity Savings 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 Equity Savings Mutual Funds

NAV

₹50.32

-0.36% 1D

as of 01 Oct 2026

This is the Regular plan of PGIM India Equity Savings Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+1.87%CAGR

52-week rangePrev NAV ₹50.50

Latest ₹50.32

Low ₹48.9852nd percentile of its 52-week rangeHigh ₹51.57

Scorecard

★★☆☆☆2/5 vs 20 of 22 Equity Savings 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 Equity Savings (same plan and option). 20 of the 22 Equity Savings funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +5.34% · ranks 20 of 20 Equity Savings funds

RiskLow

Volatility 2.7% vs 4.6% category avg

CostLow

1.8% expense vs 2.3% category avg

ConsistencyHigh

100% 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

Less volatile than its Equity Savings peers (2.7% vs 4.6%)
Low expense ratio (1.77%) vs the Equity Savings average of 2.34%
Consistent — positive in 100% of rolling 3-year windows

Concerns

1-year return (+1.69%) trails the Equity Savings average (+2.31%)
3-year return (+5.34%) trails the Equity Savings average (+7.31%)
5-year return (+5.05%) trails the Equity Savings average (+6.67%)
Weaker risk-adjusted returns — Sharpe -0.42 below the Equity Savings average of 0.14

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.77%

Category 2.34%▼0.57%

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

19.15

Category —

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

-0.42

Category 0.14▼0.56

Scheme Info

Definitions

Plan

Regular · Growth

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

None

Exit Load

None

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 Equity Savings Index

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)

-1.97%

Absolute return over the last 3 months (not annualized)

-0.72%

Absolute return over the last 6 months (not annualized)

+2.54%

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

-0.05%

Annualized returns (≥1Y — CAGR)

Definitions

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

+1.69%

3-year annualized return (CAGR)

+5.34%

5-year annualized return (CAGR)

+5.05%

10-year annualized return (CAGR)

+6.38%

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.

+6.76%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

2.74%

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

-0.42

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

-0.57

Largest peak-to-trough decline over full history

-16.44%

Benchmark ratios

Not shown for Equity Savings — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Equity Savings)

Period	Fund	Category avg.	Diff
1M abs	-1.97%	-1.74%	-0.23%
3M abs	-0.72%	-0.46%	-0.26%
6M abs	+2.54%	+3.64%	-1.10%
1Y CAGR	+1.69%	+2.31%	-0.62%
3Y CAGR	+5.34%	+7.31%	-1.97%
5Y CAGR	+5.05%	+6.67%	-1.62%

Category average across peers in Equity Savings (up to 22 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 22 peers in Equity Savings

1Y return

+1.69%

Beats 31.8% · rank #16

3Y return

+5.34%

Beats 0% · rank #20

5Y return

+5.05%

Beats 0% · rank #17

Sharpe

-0.42

Beats 0% · rank #20

Sortino

-0.57

Beats 0% · rank #20

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

₹6.75L

Absolute

+12.56%

XIRR

+4.83%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into PGIM India Equity Savings 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
2026part	-0.05%
2025	+6.07%
2024	+7.28%
2023	+8.10%
2022	+3.19%
2021	+12.35%
2020	+5.22%
2019	+10.60%
2018	+1.43%
2017	+11.72%

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.

History points

2,604

Expense ratio

1.77%

AUM

₹60.31Cr

Portfolio turnover

27%

Exit load

NIL

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

19.1

P/B ratio

3.4

Avg market cap

₹5,73,780Cr

P/E & P/B are portfolio-weighted harmonic means across 48 of 57 equity holdings (66% 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 · Equity Savings

Compare all


PGIM India Equity Savings FundThis fund PGIM India · Regular · Growth	★★☆☆☆	+1.69%	+5.34%	+5.05%	—	1.77%	₹60.31Cr
HSBC Equity Savings Fund HSBC · Regular · Growth	★★★★☆	+6.01%	+11.33%	—	—	2.40%	₹964.84Cr
Edelweiss Equity Savings Fund Edelweiss · Regular · Growth	★★★★★	+6.04%	+9.85%	+8.24%	—	2.12%	₹1,344Cr
Mirae Asset Equity Savings Fund Mirae Asset · Regular · Growth	★★★★★	+3.10%	+8.47%	+7.71%	—	1.73%	₹1,936Cr
Kotak Equity Savings Fund Kotak Mahindra · Regular · Growth	★★★☆☆	+1.69%	+8.33%	+8.58%	—	2.12%	₹9,931Cr
Baroda BNP Paribas Equity Savings Fund Baroda BNP Paribas · Regular · Growth	★★☆☆☆	+2.44%	+7.65%	+6.83%	—	2.84%	₹276.53Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 83% of the equity sleeve priced.

Large cap86.8%
Mid cap13.2%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity79.36%
Debt15.56%
Cash & Equivalents5.08%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
ICICI Prudential Equity Savings Fund ICICI Prudential · Equity Savings	47.6% of 74% equity	★★☆☆☆	1.12%	+6.59%
HDFC Equity Savings Fund HDFC · Equity Savings	46.8% of 66% equity	★★★☆☆	1.27%	+7.74%
360 ONE ELSS Tax Saver Nifty 50 Index Fund 360 One · Index Funds	45.6%	★★☆☆☆	0.37%	+5.47%
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	45.5%	★★★☆☆	0.16%	+5.52%
Taurus Nifty 50 Index Fund Taurus · Index Funds	45.5%	★★☆☆☆	0.86%	+4.77%
LIC MF Nifty 50 Index Fund LIC · Index Funds	45.5%	★★☆☆☆	0.56%	+5.32%
Navi ELSS Tax Saver Nifty50 Index Fund Navi · ELSS	45.5%	★★☆☆☆	—	+5.46%
Zerodha Nifty 50 Index Fund Zerodha · Index Funds	45.5%	★☆☆☆☆	0.28%	—

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.

-16.4%19 Dec 2019 → 23 Mar 2020
Fell over 3 months, back to the old high on 09 Nov 2020 — 8 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

₹60.31Cr

April - June 2026

-8%

since January - March 2026

−₹4.38Cr

est. net flow, last quarter

Down +8% from its peak of ₹65.34Cr 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

PPPuneet PalManaging since 01 Dec 2021

Education

MBA (Finance) from Symbiosis Institute of Business Management, Pune Category of the Scheme Arbitrage Fund Balanced Advantage Fund Equity Savings Fund

Experience

More than 25 years of PGIM experience in the Debt markets Fund, PGIM India Flexi within the Mutual Fund space. Below are details on his past stints: • December 01, 2021 onwards – Head – Fixed Income - PGIM India Asset Fund, PGIM India Equity Management Private Savings Limited. • December 13, 2017 to November 30, 2021 Deputy Head - Fixed PGIM Income - PGIM India Asset Management Private Limited. • February 2012 to December 12, 2017 - Head - Fixed Income - BNP Paribas Asset Management India Pvt. Ltd. • July 2008 to February 2012 - Sr. Vice President & Fund Manager - UTI Asset Management Company Ltd. • August 2006 to July 2008 - Fund Manager - Tata Asset Management Ltd. • April 2004 to August 2006 - Asst. Fund Manager - UTI Asset Management Company Ltd. • June 2001 to March 2004 - Dealer - UTI Asset Management Company Ltd.

Funds managed (21)

All schemes Puneet Pal 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 →

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 →

AAAnandha Padmanabhan AnjeneyanManaging since 12 May 2022

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 →

Fund manager, benchmark and dealing terms from 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

Puneet Pal Vinay Paharia Vivek Sharma Anandha Padmanabhan Anjeneyan

Top holdings

Tata Steel Ltd.HDFC Bank Ltd.Reliance Industries Ltd.Titan Company Ltd.Bajaj Finance Ltd.Adani Ports & Special Economic Zone Ltd.Brookfield India Real Estate Trust NMDC Ltd.IndiGrid Infrastructure Trust Indus Infra Trust Kotak Mahindra Bank Ltd.Ambuja Cements 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 Equity Savings funds

Equity savings funds split money across equity, arbitrage and debt. The hedged portion lowers risk, so they sit between hybrid and debt funds on the risk ladder while keeping equity taxation.

Frequently asked questions

What is the NAV of PGIM India Equity Savings Fund?

As of 01 Oct 2026, the NAV of PGIM India Equity Savings Fund is ₹50.32 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has PGIM India Equity Savings Fund delivered?

PGIM India Equity Savings Fund has returned +1.69% over 1 year, +5.34% per year over 3 years, +5.05% per year over 5 years and +6.76% 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 Equity Savings Fund?

PGIM India Equity Savings Fund charges an expense ratio of 1.77% 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 Equity Savings Fund?

PGIM India Equity Savings Fund's largest holdings are 7.1% Government of India (8.6%), Tata Steel Ltd. (7.5%), HDFC Bank Ltd. (7.4%), Reliance Industries Ltd. (6.4%) and Titan Company Ltd. (6.1%). Holdings are disclosed monthly and change over time.

How risky is PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.7% and its worst peak-to-trough fall in our sample was -16.4%. 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 -0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India Equity Savings Fund's -0.42 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is benchmarked against the NIFTY Equity Savings Index. Its alpha and beta on this page are measured against that index.

Who manages PGIM India Equity Savings Fund?

PGIM India Equity Savings Fund is managed by Puneet Pal, Vinay Paharia, Vivek Sharma and Anandha Padmanabhan Anjeneyan at PGIM India.

How is PGIM India Equity Savings Fund taxed?

PGIM India Equity Savings 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.