PGIM India Mutual Fund, previously known as DHFL Pramerica Mutual Fund, is a fully owned subsidiary of PGIM, the global investment management arm of the US-based Prudential Financial, Inc. (PFI). With a presence across the US, Asia, Europe, and Latin America, PFI offers a variety of financial services, including life insurance, annuities, mutual funds, investment management, and retirement solutions. PGIM, one of the top 10 global investment managers with over USD 1.4 trillion in assets under management (AUM), operates in 16 countries with 38 offices and more than 1,300 investment professionals. As of March 2024, PGIM India Mutual Fund manages assets worth Rs. 23,240.16 crore. PGIM India Asset Management offers a diverse range of equity and fixed-income solutions to retail and institutional investors, including equity, debt, and hybrid funds, as well as international fund of fund schemes. It manages 19 open-ended funds, handled by a team of 18 investment professionals. In addition to domestic mutual funds, PGIM India also provides Offshore Funds and Portfolio Management Services, benefiting from PGIM's 140-year legacy and leveraging its global strength to build upon its decade-long presence in India.
Fund Name
Rating
1Y Return
3Y Return
Fund Size (in Cr)
PGIM India Midcap Opportunities Fund Direct Growth
3
20.91%
13.95%
₹11092.72 Cr
PGIM India ELSS Tax Saver Fund Dir Gr
4
17.75%
13.93%
₹769.51 Cr
PGIM India Small Cap Fund Direct Growth
1
20.49%
13.22%
₹1558.10 Cr
PGIM India Large Cap Fund Direct Plan Growth
3
11.33%
10.86%
₹593.54 Cr
PGIM India Hybrid Equity Fund Direct Plan Growth
2
17.03%
10.63%
₹212.31 Cr
PGIM India Balanced Advantage Fund Direct Growth
2
11.83%
10.56%
₹1037.52 Cr
PGIM India Flexi Cap Fund Direct Growth
3
16.65%
10.07%
₹6354.33 Cr
PGIM India Global Equity Opportunities Fund Direct Plan Growth
NA
31.16%
8.88%
₹1356.49 Cr
PGIM India Dynamic Bond Fund Direct Plan Growth Option
5
10.88%
7.21%
₹107.91 Cr
PGIM India Equity Savings Fund Direct Plan Growth
3
8.19%
6.97%
₹83.00 Cr
PGIM India Gilt Fund Direct Plan Growth
4
10.64%
6.95%
₹115.40 Cr
PGIM India Money Market Fund Direct Growth
4
7.55%
6.69%
₹173.53 Cr
PGIM India Ultra Short Duration Fund Direct Plan Growth
5
7.57%
6.58%
₹239.50 Cr
PGIM India Arbitrage Fund Direct Plan Growth
NA
7.73%
6.57%
₹90.07 Cr
PGIM India Liquid Fund Direct Plan Growth
NA
7.45%
6.54%
₹474.63 Cr
PGIM India Corporate Bond Fund Direct Plan Growth
4
8.51%
6.50%
₹94.66 Cr
PGIM India Overnight Fund Direct Growth
NA
6.71%
6.05%
₹80.45 Cr
PGIM India Short Duration Fund Direct Plan Growth
NA
6.73%
4.94%
₹27.94 Cr
PGIM India Global Select Real Estate Securities FoF Direct Growth
NA
10.14%
0.80%
₹54.17 Cr
PGIM India Healthcare Fund Direct Growth
NA
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Mutual fund name
PGIM India Mutual Fund
Asset Management Company Name
PGIM India Asset Management Private Limited
AMC Setup Date
13-May-2010
AMC Incorporation Date
24-Sep-2008
Sponsor Name
Prudential Financial, Inc. (USA)
Trustee Organisation
PGIM India Trustees Private Limited
CIO
Mr. Vinay Paharia
MD & CEO
Mr. Ajit Menon
Compliance Officer
Mr. Sandeep Kamath
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Mr. Aniruddha Naha
Aniruddha Naha is a Bachelor of Commerce (B.Com) graduate and holds a Master of Finance and Control (MFC) from Delhi University. He began his career as a Fund Manager at DSP Blackrock Mutual Fund in 2004. In 2010, he joined Mirae Asset as Vice President & Portfolio Manager and became Head of Offshore Advisory in 2012. A year later, he transitioned to IDFC Asset Management Company Ltd. as a Fund Manager, and in 2016, he moved to Avendus as Director of Equities. In 2018, Mr. Naha joined PGIM India Mutual Fund as a Senior Fund Manager. He currently oversees an Assets under Management (AuM) of Rs. 243 Crore across six schemes, including PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund.
Mr. Alok Agarwal
Alok Agarwal holds a Bachelor of Commerce (B.Com) degree from St. Xavier's College, Kolkata, a Master of Commerce (M.Com) from Annamalai University, and an MS in Finance from the Institute of Chartered Financial Analysts of India (ICFAI). He is also a Chartered Accountant and a Chartered Financial Analyst (CFA). He started his career in 2008 as the Head of PMS and Fund Manager of Equities at K.R. Choksey Shares and Securities Pvt. Ltd. In 2010, he joined Deutsche Asset Management as a Fund Manager. In 2016, Mr. Agarwal became the Senior Fund Manager of Equities at PGIM India Asset Managers Pvt. Ltd., where he currently manages an Assets under Management (AuM) of Rs. 680 Crore, distributed across 30 schemes, including PGIM India Large Cap Fund, PGIM India Global Equity Opportunities Fund, PGIM India Euro Equity Fund, PGIM India Hybrid Debt Fund, and PGIM India Equity Savings Fund.
Mr. Utkarsh Katkoria
Utkarsh Katkoria holds an MBA in Finance from Cass Business School in London. He began his career in 2005 as an Investment Banking Analyst at JM Financial. In 2011, he moved to Reliance as an Equity Research Analyst in Treasury and later joined Deutsche Asset Management in 2014 as an Equity Research Analyst. Mr. Katkoria joined PGIM India Mutual Fund in 2016, where he currently manages an Assets under Management (AuM) of Rs. 217 Crore, invested across nine schemes of the PGIM India Arbitrage Fund.
Mr. Kumaresh Ramakrishnan
Kumaresh Ramakrishnan holds a Bachelor of Engineering (BE) from the University of Mumbai and an MBA from the Narsee Monjee Institute of Management Studies (NMIMS). He started his career as a Senior Rating Analyst at CARE Ratings in 1996 and later joined Societe Generale in 2000 as a Senior Credit Analyst. In 2005, he moved to Deutsche Asset Management (India) Pvt. Ltd. as a Credit Risk Analyst, becoming the Fund Manager and Head of Fixed Income in 2007. In 2016, Mr. Ramakrishnan joined PGIM India Asset Managers Pvt. Ltd. as a Fund Manager and Head of Fixed Income. He currently oversees an Assets under Management (AuM) of Rs. 3,986 Crore, invested across 82 schemes, including PGIM India Ultra Short Term Fund, PGIM India Premier Bond, PGIM India Insta Cash Fund, PGIM India Credit Risk Fund, PGIM India Short Maturity Fund, PGIM India Low Duration Fund, PGIM India Hybrid Debt Fund, PGIM India Hybrid Equity Fund, PGIM India Equity Savings Fund, and PGIM India Arbitrage Fund.
Mr. Rakesh Suri
Rakesh Suri holds both a B.Sc and B.Ed degree from Maharshi Dayanand Sarswati University, along with a PGDBM in Finance from the Guru Nanak Institute of Management. He began his career as a Debt Manager at RR Financial Ltd. in 1998. In 2002, he joined SREI International Securities Ltd. as a Fixed Income Dealer and then moved to Derivium Capital Pvt. Ltd. later that year as a Senior Fixed Income Trader. In 2005, he became a Senior Manager in Treasury at ICICI Bank Ltd., followed by a role as Fixed Income Trader at Samba Financial Group in 2008. In 2010, Mr. Suri joined Deutsche Asset Management (India) Pvt. Ltd. as a Fixed Income Trader, and by 2011, he was promoted to Fund Manager of Fixed Income. Since 2016, Mr. Suri has served as a Fund Manager at PGIM India Mutual Fund, where he manages various schemes, including PGIM India Floating Rate Fund, PGIM India Premier Bond Fund, PGIM India Hybrid Fixed Term Fund, PGIM India Fixed Duration Fund, and PGIM India Dual Advantage Fund.
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