February 8, 2025
mayank
PGIM India Retirement Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 11.3000
NAV IDCW: Rs 11.3000
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide capital appreciation and income to investors in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments, REITs and InvITs, and fixed income securities.
Fund Manager:
1) Anandha Padmanabhan Anjeneyan
Education: Mr. Anjeneyan is a B. Com, ACA, CFA, FRM
Experience: Prior to joining PGIM India Asset Management Pvt Ltd, he has worked with Renaissance Investment Managers Private Limited, Canara Robeco Asset Management Company Limited.
2) Vinay Paharia
Education: Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.
Experience: Prior to joining PGIM India Mutual Fund, he was associated with Union Mutual Fund, Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
3) Vivek Sharma
Education: Mr. Sharma is a PGDM Finance
Experience: Prior to joining PGIM India Asset Management Pvt. Ltd. – Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. – Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate – Investment Banking.
4) Puneet Pal
Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | — |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details of PGIM India Retirement Fund
| Fund House | PGIM India Mutual Fund |
| Launch Date | 15-Apr-24 |
| Return Since Launch | 13.00% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 75 Cr |
| (As on 31-Dec-2024) | |
| Expense | 0.69% |
| (As on 31-Jan-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 17.00% |
Trailing Returns (%) of PGIM India Retirement Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| PGIM India Retirement Dir | -4.48 | -0.18 | -4.64 | -3.83 | 0.44 | — | — | — | — | — |
| VR Multicap TRI | -5.29 | -0.19 | -5.02 | -6.68 | -5.96 | — | — | — | — | — |
| Equity: Multi Cap | -5.81 | -0.17 | -5.62 | -6.15 | -3.26 | — | — | — | — | — |
| Rank within category | 6 | 19 | 11 | 3 | 5 | — | — | — | — | — |
| Number of funds in category | 34 | 34 | 34 | 33 | 28 | 24 | 13 | 0 | 0 | 0 |
Peer Comparison of PGIM India Retirement Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| PGIM India Retirement Dir | Unrated | — | — | — | 0.69 | 75 | 13.00 | — | 9M | 17.00 |
| Nippon India Multi Cap Dir | 5 star | 13.46 | 23.25 | 22.96 | 0.78 | 37,594 | 16.88 | 1.00 (365) | 12Y 1M | 18.00 |
| HDFC Multi Cap Dir | 4 star | 10.07 | 21.97 | — | 0.76 | 16,884 | 21.30 | 1.00 (365) | 3Y 1M | 8.47 |
| Kotak Multicap Dir | 4 star | 11.99 | 24.54 | — | 0.42 | 16,065 | 20.74 | 1.00 (365) | 3Y 4M | 57.13 |
| ICICI Pru Multicap Dir | 4 star | 13.45 | 19.89 | 20.83 | 0.99 | 14,019 | 17.04 | 1.00 (365) | 12Y 1M | 84.00 |
Portfolio Analysis of PGIM India Retirement Fund
| No. of Stocks | 77 |
| Top 10 Stocks | 32.88% |
| Top 5 Stocks | 21.51% |
| Top 3 Sectors | 43.50% |
| Portfolio P/B Ratio | 5.74 |
| Portfolio P/E Ratio | 40.66 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,24,338 | 88,390 |
| Giant (%) | 41.77 | 34.10 |
| Large (%) | 20.74 | 21.21 |
| Mid (%) | 32.45 | 33.77 |
| Small (%) | 5.04 | 11.55 |
| Tiny (%) | — | 0.21 |
Chanakya’s Mutual Fund Guidance For PGIM India Retirement Fund
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