PGIM India Midcap Fund
The scheme seeks to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies.
Growthvine rating: 1/5 — ranked #30 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹63.09 (as of 2026-10-01) |
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| AUM | ₹11,218 Cr |
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| Expense ratio | 1.48% |
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| Riskometer | Very High |
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| Fund manager | Utsav Mehta |
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| Exit load | 0.5% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 8.40% |
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| Sharpe ratio | 0.4 |
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| Standard deviation | 16.18% |
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| Max drawdown | −38.64% |
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| Alpha | -4.49 |
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| Beta | 0.86 |
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Over 5 years, captured 74.9% of NIFTY Midcap 150's upside and 89.6% of its downside.
Market cap allocation
| Large cap | 20.6% |
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| Mid cap | 67.8% |
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| Small cap | 11.6% |
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Concentration
| Top 5 holdings | 11.8% |
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| Top 10 holdings | 21.6% |
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| Total holdings | 105 |
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| Index overlap | 44.0% |
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| Active share | 56.0% |
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Top holdings
- Federal Bank Ltd. — 2.8%
- Clearing Corporation of India Ltd. — 2.5%
- Bharti Hexacom Limited — 2.3%
- Aditya Birla Capital Ltd — 2.3%
- Mankind Pharma Limited — 2.2%
- Prestige Estates Projects Limited — 2.2%
- UNO Minda Limited — 2.1%
- AU Small Finance Bank Limited — 2.1%
- Max Financial Services Limited — 1.9%
- FSN E-Commerce Ventures Limited — 1.9%
Top sectors
- Banking & Financial — 14.7%
- Retail — 11.3%
- Automobile — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −1.3% | Q3 | #23 of 31 |
| 2025 | 0.0% | Q3 | #22 of 29 |
| 2024 | 21.0% | Q4 (Bottom) | #25 of 29 |
| 2023 | 20.8% | Q4 (Bottom) | #28 of 28 |
| 2022 | −1.7% | Q4 (Bottom) | #18 of 22 |