Question 1

What is the current NAV of PGIM India Retirement Fund?

Accepted Answer

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of PGIM India Retirement Fund for May 17, 2024 is 10.414.

The NAV of PGIM India Retirement Fund for May 17, 2024 is 10.414

Question 2

How do I invest in PGIM India Retirement Fund?

Accepted Answer

On ET Money, Investing in PGIM India Retirement Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

Click on the Invest Now Button present on the top right-hand side.
Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
Provide few more details needed including the bank account from which you will be making the payment and confirm.
That's it. Your SIP or one-time investment in PGIM India Retirement Fund is done.

Question 3

How can I redeem my investments in PGIM India Retirement Fund?

Accepted Answer

Redeeming your investments in PGIM India Retirement Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in PGIM India Retirement Fund from anywhere else, you can go to the fund house website and put a request through it.

Question 4

What is the AUM or size of PGIM India Retirement Fund?

Accepted Answer

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of PGIM India Retirement Fund is NA.

Question 5

How fund report card works

Accepted Answer

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: consistency of returns and protection from volatility. We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

VRO rating	N.A.
Expense ratio	NA
Exit load	0%
AUM (Fund size)	NA
Lock-in	5 Years
Age	1 m since Mar 26, 2024
Benchmark	S&P BSE 500 TRI
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 15% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 10% on returns of ₹1 lakh+ in a financial year

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
ICICI Prudential Bluechip Fund	#1	₹54,904 Crs	11 yrs 4 m	0.9%
Canara Robeco Bluechip Equity Fund	#2	₹12,830 Crs	11 yrs 4 m	0.47%
Kotak Bluechip Fund	#3	₹8,028 Crs	11 yrs 4 m	0.6%
Edelweiss Large Cap Fund	#4	₹874 Crs	11 yrs 4 m	0.65%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Bluechip Fund	3.35%	21.88%	39.99%	21.67%	18.76%	16.16%
Canara Robeco Bluechip Equity Fund	2.86%	18.7%	30.48%	17.04%	18.76%	15.51%
Kotak Bluechip Fund	4.47%	19.67%	33.1%	18.16%	18.13%	15.79%
Edelweiss Large Cap Fund	2.98%	19.05%	34.18%	19.5%	18.06%	15.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Bluechip Fund	11.56	0.87	1.39	2.37
Canara Robeco Bluechip Equity Fund	11.72	0.89	1.01	2.05
Kotak Bluechip Fund	11.94	0.91	1.06	2.04
Edelweiss Large Cap Fund	12.04	0.92	1.18	2.24

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
PGIM India Midcap Opportunities Fund	#4	₹10,155 Crs	32.17%	28.34%
PGIM India Flexi Cap Fund	#5	₹6,095 Crs	24.81%	20.96%
PGIM India ELSS Tax Saver Fund	#1	₹683 Crs	23.56%	17.93%
PGIM India Large Cap Fund	#21	₹573 Crs	24.11%	14.33%
PGIM India Small Cap Fund	N.A.	₹1,458 Crs	36.4%	N.A.
PGIM India Large and Mid Cap Fund	N.A.	₹364 Crs	N.A.	N.A.

PGIM India Retirement Fund Direct - Growth

Historical NAV & returns

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Trailing returns as on May 19, 2024

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