PGIM India Flexi Cap Fund
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Selecting option from following drop-down list content will update above.
- NAV as on 12 Jun 2026
- ₹41.55001.93%
- Benchmark
- NIFTY 500 - TRI
- Risk
- Very High
- AUM as on 31 May 2026
- ₹5,690.35 Cr
- Date of Inception
- 04 Mar 2015
- Expense Ratio (11 Jun 2026)
- 0.73%
- Ideal Holding Period
- 3 Years+
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 13.48% | ₹4,14,768 |
| Benchmark Returns | 11.84% | ₹3,52,115 |
For Exits beyond 90 days from date of allotment of units: NIL.
Portfolio Holdings as on 31 May 2026
Asset Allocation
- Large Cap - 58.30%
- Mid Cap - 23.24%
- Small Cap - 16.07%
- Cash and Cash Equivalents - 1.49%
- MUTUAL FUND - 0.75%
- Debt - 0.15%
Top holdings
- HDFC BANK LTD5.78 %
- ICICI BANK LTD5.55 %
- BHARTI AIRTEL LTD3.09 %
- RELIANCE INDUSTRIES LTD2.82 %
- STATE BANK OF INDIA2.34 %
Top Sectors
- Financial Services28.05 %
- Healthcare10.85 %
- Capital Goods8.85 %
- Automobile and Auto Components8.63 %
- Information Technology6.70 %
- Standard Deviation
- 0.13
- Sharpe ratio
- 0.27
- Beta
- 0.92
- Portfolio Turnover
- 0.47%
Performance
PGIM India Flexi Cap Fund Returns ^ Value* NIFTY 500 - TRI** Returns ^ Value* NIFTY 50 TR Index# Returns ^ Value* | |
|---|---|
1 Year | 0.83% ₹ 10,083 0.28 % ₹ 10,028 -3.85 % ₹ 9,616 |
3 Years | 11.27% ₹ 13,772 13.92 % ₹ 14,778 9.54 % ₹ 13,140 |
5 Years | 10.81% ₹ 16,703 12.49 % ₹ 18,007 9.88 % ₹ 16,012 |
Since Inception | 13.48% ₹ 41,440 11.84 % ₹ 35,180 10.34 % ₹ 30,233 |
- Date of Inception: Direct Plan: March 04, 2015.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on May 31, 2026.
- The performance provided is for Direct Plan - Growth Option.
Fund Managers
Fund Details
Investment Objective
Fund Type
Investment Strategy
The Scheme actively manages a diversified portfolio of strong growth companies with sustainable business models. Since investing requires disciplined risk management, the AMC would incorporate safeguards seeking to control risks in the portfolio construction process. Risk is also expected to be reduced through diversification of the portfolio, which the AMC aims to achieve by spreading the investments over a range of industries, sectors and market capitalizations.
Under normal market conditions, majority of the portfolio of the Scheme will be invested in equity and equity related securities; a smaller part of the portfolio of the Scheme will be invested in money market instruments and debt securities issued by corporates and/or State and Central Government. This component of the portfolio will provide the necessary liquidity to meet redemption needs and other liquidity requirements of the Scheme.
Government securities may include Securities which are supported by the ability to borrow from the treasury or supported only by the sovereign guarantee or of the State Government or supported by GOI or any other State Government in some other way. The Investment Manager will select equity securities on bottom up stock–by–stock basis across market cap spectrum, with consideration given to price–to–earnings, price–to–book, and price–to–sales ratios, as well as growth, margins, asset returns, and cash flows, amongst others. The Investment Manager will use a disciplined quantitative analysis of financial operating statistics. In selecting individual investment opportunities for the portfolio, the Investment Manager will conduct in–house research in order to identify various investment opportunities. The company– wise analysis will focus, amongst others, on the historical and current financial condition of the company, potential value creation/unlocking of value and its impact on earnings growth, capital structure, business prospects, policy environment, strength of management, responsiveness to business conditions, product profile, brand equity, market share, competitive edge, research, technological know–how and transparency in corporate governance.
About PGIM India Flexi Cap Fund
The principle of diversification plays a crucial role in equity investing. Spreading investments across companies from different sectors and market capitalisations may help reduce portfolio risk while maintaining long-term growth potential. This forms the foundation of flexi cap funds.
When building an equity portfolio, exposure across large, mid, and small-cap companies is essential. Large-cap companies may typically offer stability and resilience during economic downturns, while mid and small-cap companies may provide opportunities for higher growth and alpha generation over the long term. Understanding this balance is central to understanding flexi cap funds and why they are widely used in equity investing.
Each market-cap segment behaves differently across economic cycles. A flexi-cap strategy allows the fund manager to dynamically adjust exposure to these segments, increasing allocation where opportunities are attractive and reducing exposure where risks may outweigh potential returns. This flexibility is one of the major benefits of flexi cap funds.
PGIM India Flexi Cap Fund follows this adaptive approach, giving investors access to a single fund that invests across the full market-cap spectrum. For investors looking to invest in flexi cap fund, this strategy offers the advantage of professional allocation decisions without the need to manage multiple equity funds.
For those exploring flexi cap investment benefits, the fund provides diversification, active management, and the ability to participate in evolving market opportunities.
In summary, a flexi cap mutual fund offers investors a dynamic and diversified equity solution, making it suitable for long-term wealth creation through disciplined equity investing across large, mid, and small-cap companies.
Frequently Asked Questions
What are Flexi Cap Mutual Funds and how do they work?
Flexi-cap mutual funds are open-ended equity-oriented schemes that offer the unique advantage of investing across companies of all market capitalisations without any predefined constraints. Unlike large-cap (minimum 80% allocation in large cap), mid-cap (minimum 65% allocation in mid cap), or small-cap stocks (minimum 65% allocation in small cap), which are largely tilted towards one market capitalisation, a Flexi Cap Fund has the inherent flexibility to dynamically allocate capital across these segments based on prevailing market opportunities. A Flexi Cap Fund essentially empowers the fund manager to take a holistic view of the equity markets and construct a portfolio that is not limited by rigid allocation mandates. This means that a Flexi Cap Fund can seamlessly shift between large-cap, mid-cap, and small-cap stocks depending on market cycles, valuations, and growth potential. For investors, this translates into a diversified exposure across sectors and market segments through a single Flexi Cap Fund. One of the defining characteristics of a Flexi Cap Fund is this flexibility in asset allocation. During bullish market phases, when risk appetite is higher and growth visibility is strong, a Flexi Cap Fund may increase exposure to mid-cap and small-cap stocks to capture higher growth opportunities. Conversely, in volatile or bearish market conditions, the same Flexi Cap Fund can tilt its portfolio towards large-cap stocks, which are generally considered more stable and resilient. The investment strategy of a Flexi Cap Fund is therefore highly adaptive. Fund managers actively track macroeconomic indicators, sectoral trends, corporate earnings, and valuation metrics to make informed decisions. This active management approach allows a Flexi Cap Fund to aim for optimal risk-adjusted returns over the long term. Another key advantage of investing in a Flexi Cap Fund is portfolio diversification. Since a Flexi Cap Fund invests across sectors and market caps, it reduces concentration risk. For investors seeking a balanced equity exposure without having to choose between large-cap, mid-cap, or small-cap funds individually, a Flexi Cap Fund can serve as a comprehensive investment solution.
What is PGIM India Flexi Cap Fund?
PGIM India Flexi Cap Fund is an open-ended equity mutual fund that invests across market capitalisations with the objective of generating long-term capital appreciation. PGIM India Flexi Cap Fund is designed to dynamically allocate investments across large-cap, mid-cap, and small-cap stocks, without being constrained by fixed allocation limits.
The PGIM India Flexi Cap Fund invests a minimum of 65% of its portfolio in equity and equity-related instruments, while it may allocate up to 35% in debt and money market instruments. This structure allows the PGIM India Flexi Cap Fund to not only participate in equity market growth but also maintain a degree of stability through selective debt exposure when required.
PGIM India Flexi Cap Fund adopts a bottom-up stock selection strategy, identifying companies with strong fundamentals, sustainable business models, and long-term growth potential across market segments. PGIM India Flexi Cap Fund is not restricted to any one segment, enabling it to capitalise on opportunities wherever they arise.
The flexibility embedded in the PGIM India Flexi Cap Fund allows the fund manager to recalibrate the portfolio in response to changing market dynamics. For instance, during phases of economic expansion, the PGIM India Flexi Cap Fund may increase exposure to mid-cap and small-cap companies to enhance growth potential. In contrast, during uncertain or volatile periods, the PGIM India Flexi Cap Fund can increase allocation to large-cap stocks or defensive themes to provide relative stability. Overall, the PGIM India Flexi Cap Fund represents a well-diversified Flexi Cap Fund solution for investors looking to benefit from active asset allocation, disciplined stock selection, and long-term wealth creation.Why you should invest in PGIM India Flexi Cap Fund?
- Diversified portfolio of strong growth companies with sustainable business models spread over a range of industries, sectors and market capitalizations.
- Flexibility to increase or decrease exposure to Large, Mid or Small Cap.
- Participate in themes beyond the large cap space.
What makes PGIM India Flexi Cap Fund different from other Flexi Cap Funds?
The scheme follows a defined, process‑driven investment framework focused on investing in high quality and growth companies. PGIM India Flexi Cap Fund follows the broad regulatory mandate applicable to all Flexi Cap Funds, which is to invest a minimum of 65% in equities across large, mid and small cap companies and maximum 35% in debt. What distinguishes PGIM India Flexi Cap Fund is the way we position the scheme in terms of investment philosophy, portfolio construction and risk management approach.What are the benefits of investing in PGIM India Flexi Cap Fund?
- An unconstrained investment strategy to take exposure toward all segment of the market.
- A diversified portfolio.
- Suitable for achieving long-term goals.
What should be the ideal time horizon of investing in PGIM India Flexi Cap Fund?
A minimum investment horizon of 5 years or more is recommended to manage equity volatility and benefit from compounding over market cycles.How to invest in PGIM India Flexi Cap Fund?
Investors can invest in PGIM India Flexi Cap Fund through SIP or lump sum mode, directly with the fund house or via registered mutual fund platforms. You can invest through multiple options as mentioned below:
- Website: You can invest through PGIM India Website by creating your profile and submitting identity details, and bank account information, and becoming KYC compliant.
- RIA/MFD: You can also invest through a Registered Investment Adviser or Mutual Fund distributor registered with SEBI/AMFI.
- Industry Portal: You can also invest through MF Utility or MF Central portals.
- Do consult your financial advisor before investing to understand if the fund fits into your risk profile.
Can I invest through SIP and lumpsum mode in PGIM India Flexi Cap Fund?
- You can invest in lumpsum as well as through the SIP mode.
- The minimum application amount is Rs 5,000 for a lump sum and Rs 1,000 for additional investment.
- You need to commit at least 5 instalments (monthly or quarterly) of Rs 1,000 per instalment through SIP.
What frequency/dates are allowed for Systematic Investment Plan (SIP), Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) transactions in PGIM India Flexi Cap Fund?
- SIP: Any date of the month or quarter, as applicable.
- STP: Daily, Weekly, Monthly and Quarterly. 5 instalments of Rs.1,000/- and in multiples of Rs.1/-.
- SWP: Monthly, Quarterly and Annually.
How is PGIM India Flexi Cap Fund Taxed?
Flexi cap funds are taxed as equity mutual funds. Investments redeemed on or after 23rd July 2024.
- Holding Period (To qualify for LTCG): 12 months
- Short Term Capital Gains Tax: 20%
- Long Term Capital Gains Tax: 12.5% (with an exemption up to INR 1.25 lakhs)
Plus surcharge and cess as may be applicable on the above rates.
How does PGIM India Flexi Cap Fund manage the risks associated with equity markets?
Flexi cap funds are subject to market risk and short-term volatility, particularly due to exposure to mid and small-cap stocks. The fund has incorporated adequate safeguards for controlling risks in the portfolio construction process. The risk control process involves reducing risks through portfolio diversification, taking care however not to dilute returns in the process. This diversification may help achieve the desired level of consistency in returns. Stock specific risk will be minimized by investing only in those companies that have been analysed by the investment team at the AMC.Why consider investing in PGIM India Flexi Cap Fund?
The investment philosophy of PGIM India Flexi Cap Fund is built on core principles: we believe that high quality businesses with strong long term growth prospects may tend to deliver superior relative performance over time, and that stock prices ultimately gravitate toward their fair intrinsic value. The fund aims to honour the fund mandate in both letter and spirit, ensuring that the approach remains disciplined and true to purpose. Additionally, the fund follows a process driven framework to manage risk through thoughtful diversification, maintaining high active share while staying aligned with the mandate, and keeping portfolio turnover low to support long term value creation.How is a Flexi Cap Fund different from a Multi Cap Fund?
While multi cap funds must invest a minimum of 25% each in large, mid and small cap stocks, respectively, flexi cap funds have no such restrictions, allowing more dynamic allocation across market cap.Who should invest in Flexi Cap Funds?
Flexi cap funds are suitable for investors seeking long-term capital appreciation, diversification across market caps, and the ability to benefit from changing market trends.Are Flexi Cap Funds suitable for SIP investments?
Yes, flexi cap funds are well-suited for Systematic Investment Plans (SIPs) as they help average out market volatility while building long-term wealth.
Fund Documents
Riskometer
- Capital appreciation over long term.
- To generate income and capital appreciation by predominantly investing in an actively managed diversified portfolio of equity and equity related instruments including derivatives.
- Degree of risk - VERY HIGH
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Very High
AMFI Tier - 1 Benchmark - NIFTY 500 - TRI
AMFI Tier - 1 Benchmark - NIFTY 500 - TRI
