PGIM India Asset Management Private Limited

PGIM India Asset Management Private Limited

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.

List of PGIM India Asset Management Private Limited 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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Key information about pgim india mutual funds

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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How can you invest in pgim india mutual funds Mutual Funds

To invest in pgim india mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:


Step 1 : Download the Lemonn App

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Step 2 : Sign up / Log in

Sign up by providing your phone number and completing the basic registration process.

If you already have an account, simply log in.


Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.


Step 4 : Search for pgim india mutual funds Mutual Funds

Once your KYC is done, search for the pgim india mutual funds Mutual Fund schemes you're interested in by using the search bar.


Step 5 : Choose a Scheme

You will see a list of various funds under pgim india mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).


Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.


Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.


Step 8 : Track Your Investment

You can track the performance of your pgim india mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.


If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!

Top Fund Managers

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.

AMC/Fund Houses

ITI Asset Management Limited

IDBI Asset Management Limited

IDFC Asset Management Company Limited

NJ Asset Management Private Limited

Bandhan Asset Management Company Limited

Groww Asset Management Ltd.

Kotak Mahindra Asset Management Co Ltd

HSBC Asset Management(India)Private Ltd

Mahindra Manulife Investment Management Pvt. Ltd.

Zerodha Asset Management Private Limited

Helios Capital Asset Management (India) Private Limited

Sundaram Asset Management Company Ltd

Aditya Birla Sun Life AMC Ltd

Shriram Asset Management Co Ltd

360 ONE Asset Management Limited

Invesco Asset Management (India) Private Ltd

Samco Asset Management Pvt Ltd

Union Asset Management Co. Pvt. Ltd.

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

Tata Asset Management Limited

Bajaj Finserv Asset Management Limited

Baroda BNP Paribas Asset Management India Pvt. Ltd.

Motilal Oswal Asset Management Co. Ltd

Quantum Asset Management Co Pvt. Ltd.

DSP Investment Managers Private Limited

Canara Robeco Asset Management Co. Ltd.

Taurus Asset Management Company Limited

Nippon Life India Asset Management Ltd

Quant Money Managers Limited

Navi AMC Limited

PPFAS Asset Management Pvt. Ltd

Indiabulls Asset Management Company Ltd.

Mirae Asset Investment Managers (India) Private Limited

HDFC Asset Management Company Limited

IIFL Asset Management Limited

ICICI Prudential Asset Management Company Limited

Old Bridge Asset Management Private Limited

Trust Asset Management Private Limited

Bank of India Investment Managers Private Limited

JM Financial Asset Management Limited

Edelweiss Asset Management Limited

Axis Asset Management Company Limited

UTI Asset Management Co Ltd

WhiteOak Capital Asset Management Limited

LIC Mutual Fund Asset Management Limited

SBI Funds Management Ltd

FAQs

1.Should I invest in a PGIM India Mutual fund scheme?

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Whether you should invest in PGIM India Mutual Funds or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.

2.How to Start a PGIM India Mutual Fund SIP online?

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There are two ways to start a PGIM India Mutual Fund SIP. For a hassle-free investing experience, you can invest in PGIM India Mutual Fund SIP online through the Lemonn App. Alternatively, you can start investing in PGIM India Mutual Fund SIP online through PGIM India Mutual Fund AMC official website.

3.How to redeem PGIM India Mutual funds Online?

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There are two ways of doing this. You can initiate your redemption request by Lemonn App. Alternatively, you can also redeem your investments by visiting the PGIM India Mutual Fund AMC website.

4.How much time does it take to redeem the PGIM India Mutual funds?

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The proceeds of equity, debt, and conservative hybrid funds are generally transferred to your registered bank account within 2-4 working days of the withdrawal initiation. Redemption of liquid funds takes 1-2 working days.

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