PGIM India Flexi Cap Fund Direct Growth performance review analysis for January: PGIM India Flexi Cap Fund Direct Growth, managed by the seasoned fund managers Vinay Paharia,Puneet Pal,A. Anandha Padmanabhan,Chetan Gindodia,Vivek Sharma, remains a prominent player in the Flexi Cap. PGIM India Flexi Cap Fund boasts an impressive AUM of ₹6329.61 crore. Under the guidance of Vinay Paharia,Puneet Pal,A. Anandha Padmanabhan,Chetan Gindodia,Vivek Sharma, the fund adheres to its objective of to generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives. This detailed review of PGIM India Flexi Cap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, PGIM India Flexi Cap Fund returned -4.71%, showing a negative delta of -1.88% with respect to NIFTY 500. The one-month performance shows a negative trend, with the fund delivering -8.16% against the NIFTY 500’s -7.49%.
The performance over the longer durations is mentioned below:
Period | Mutual Fund Returns | NIFTY 500 Performance | Performance Difference |
---|---|---|---|
6 Months | -3.31% | -6.92% | 3.61% |
1 Year | 10.24% | 8.64% | 1.60% |
3 Years | 24.00% | 36.89% | -12.89% |
5 Years | 153.59% | 114.17% | 39.42% |
Below is the list of top holdings in the fund:
Holding Name | Percentage of Portfolio |
---|---|
HDFC Bank | 7.85% |
ICICI Bank | 7.45% |
Tata Consultancy Services | 4.75% |
Reliance Industries | 3.68% |
Varun Beverages | 3.44% |
Sector Name | Weightage (%) |
---|---|
Regional Banks | 16.51% |
Software & Programming | 9.93% |
Consumer Financial Services | 4.79% |
Biotechnology & Drugs | 4.05% |
Auto & Truck Parts | 3.98% |
Computer Services | 3.87% |
Investment Services | 3.79% |
Oil & Gas Operations | 3.68% |
Chemical Manufacturing | 3.53% |
Beverages (Nonalcoholic) | 3.44% |
Audio & Video Equipment | 2.9% |
Recreational Products | 2.83% |
Communications Services | 2.68% |
Misc. Capital Goods | 2.65% |
Construction Services | 2.64% |
Airline | 1.96% |
Misc. Fabricated Products | 1.89% |
Healthcare Facilities | 1.87% |
Insurance (Prop. & Casualty) | 1.8% |
Auto & Truck Manufacturers | 1.78% |
Construction - Raw Materials | 1.71% |
Electric Utilities | 1.48% |
Fabricated Plastic & Rubber | 1.47% |
Aerospace & Defense | 1.28% |
Jewelry & Silverware | 1.27% |
Retail (Apparel) | 1.23% |
Beverages (Alcoholic) | 1.2% |
Insurance (Life) | 1.04% |
Food Processing | 1.0% |
Electronic Instr. & Controls | 0.55% |
Railroads | 0.53% |
Major Drugs | 0.04% |
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 0.81, while the three-year and five-year ratios are 0.37 and 0.88, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 12.01% for one year, 13.13% for three years, and 19.24% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
In the last month, the fund acquired new positions in the following stocks:
Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
---|---|---|---|
Sagility India | 0.74% | 12661766 | 46.88 |
Neuland Laboratories | 0.04% | 1637 | 2.74 |
The fund has increased its position in the following stocks:
Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
---|---|---|---|
Tata Consultancy Services | 777415.0 | 707026.0 | 301.97 |
The fund has reduced its holding in the following stocks:
Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
---|---|---|---|
JK Cement | 281584.0 | 254036.0 | 108.69 |
Cholamandalam Investment & Finance Company | 685821.0 | 616443.0 | 76.07 |
SRF | 398380.0 | 227911.0 | 51.63 |
Honasa Consumer | 962772.0 | 137816.0 | 3.64 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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