Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

What is Flexi Cap Fund?

Equity markets are volatile by nature. One way to mitigate risk to an extent is by diversifying the portfolio as far as possible. This is where a Flexi-cap fund can help investors build a core portfolio within equities as it has the flexibility to move across different capitalisation segments of the markets. The fund has the inherent ability of a diversified equity oriented fund to further diversify the portfolio across different sectors, investment style, etc. This ability helps flexi cap fund to provide a value proposition, for both first time investors looking to build an equity-oriented portfolio and seasoned investors looking to maintain their core allocation towards equities.

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To elaborate, in a flexi cap fund, the fund manager has the freedom to change allocation across market caps, which provides the benefit of active management to investors, based on the assessment of fundamentals and economic conditions among other factors. These characteristics can help to make a flexi cap fund to potentially, fair well over a full market cycle . A flexi cap fund thus endeavours to diversify investor’s investments across companies of different market capitalisation, mitigating risk and lowering volatility to an extent and thus helping create wealth over the long term on a risk-adjusted basis.

What is PGIM India Flexi Cap Fund?

PGIM India Flexi cap Fund is an open-ended dynamic equity scheme which dynamically allocates the portfolio across market capitalisation (large caps, mid caps, and small caps) in growth businesses available at reasonable valuations. The scheme follows a disciplined approach to investment. Stock selection is based on rigorous fundamentals analysis of companies based on parameters like ROE and ROCE, operating leadership or competent challenger in respective sectors and sound financials reflected in higher operating cash flows, lower debt to equity ratio among other parameters.

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Why invest in PGIM India Flexi Cap Fund?

PGIM India Flexi Cap Fund is a Fund which will scout for Investment opportunities across market capitalizations.

Investment Strategy

Investment Strategy
The fund has a diversifi­ed portfolio of strong growth companies with sustainable business models spread over a range of industries, sectors and market capitalizations.
Investment Strategy
Equity securities are selected largely on bottom up stock–by–stock basis across market cap spectrum, with consideration given to valuation parameters as well as growth, margins, asset returns, and cash flows, amongst others.

Portfolio Positioning*

* These are based on the Fund Managers outlook and are subject to change.

Who should Invest in PGIM India Flexi Cap Fund?

who invest
  • Investors looking to complement their existing mutual fund portfolio with a fund, with the potential to generate alpha

  • Investors looking to create wealth over the long term

  • Investors looking to participate and benefit as the Indian economy recovers and gains momentum

Which Investment Themes does PGIM India Flexi Cap Fund Participate in?*

*The scheme may or may not invest in above themes. These themes may change depending upon the market conditions and FM discretion. These are based on the Fund Managers outlook and are subject to change.

Features of PGIM India Flexi Cap Fund

Mr. Aniruddha Naha

Aniruddha Naha

Aniruddha Naha, Senior Fund Manager – Equity, also manages, PGIM India Balanced Advantage Fund and PGIM India Midcap Opportunities Fund. Aniruddha has done his master’s in finance & control and has over 18 years of industry experience in the equity and debt market.

Mr. Anandha Padmanabhan Anjeneyan

Anandha Padmanabhan Anjeneyan

Anandha Padmanabhan is an Equity Analyst and Assistant Fund Manager. He has over 13 years of experience collectively in Indian Financial markets, primarily in equity research. He is an ACA, CFA & FRM.

Mr. Ravi Adukia

Ravi Adukia

Ravi Adukia is an Equity Analyst and Dedicated Fund Manager for overseas investment, also manages PGIM India Emerging Markets Equity Fund and PGIM India Global Equity Opportunities Fund. He has over 15 years of experience in Indian financial markets, primarily in equity research

Benchmark Index:

Nifty 500 TR Index

Minimum Application Amount:

Minimum of ₹ 5,000/- and in multiples of ₹ 1/- thereafter.

Minimum Additional Amount:

Minimum of ₹ 1,000/- and in multiples of ₹ 1/- thereafter.

Exit Load:

  • 10% of the units allotted may be redeemed/switched-out to debt schemes/PGIM India Arbitrage Fund without any exit load within 90 days from the date of allotment of units;
  • Any redemptions/switch-outs in excess of the above-mentioned limit would be subject to an exit load of 0.50%, if the units are redeemed/ switched-out to debt schemes/PGIM India Arbitrage Fund within 90 days from the date of allotment of units;
  • Nil - If the units are redeemed/switched-out after 90 days from the date of allotment of units;
  • No exit load will be charged for switches and STP between any open-ended equity schemes, hybrid schemes (except PGIM India Arbitrage Fund) and fund of funds schemes

Portfolio of PGIM India Flexi Cap Fund

  • Top 3 Sectors Overweight

    % Overweight

     
  • Top 5 Stocks Overweight

    % Overweight

     
  • Top 3 Sectors Underweight

    % Underweight

     
    The above weights are in comparison to the benchmark.Source: Bloomberg and Internal Research. The above data as on October 31, 2021.
  • Top 5 Stocks Underweight

    % Underweight

     
  • Portfolio Metrics

     
    Source: Bloomberg and Internal Research. The above data as on October 31, 2021.
  • Portfolio Composition

    Portfolio Nifty Midcap 100 TR Index
    Number of stocks 42 501
    Potfolio overlap with -- 26.4%
    Large caps (1st-100th stock) 48.6% 77.6%
    Mid caps (101st-250th stock) 25.2% 14.9%
    Small caps (251st stock onwards) 22.2% 7.2%
    Cash 4.0% 0.0%
    Market Cap yet to be classified by AMFI 0.0% 0.4%
    Top 10 holding 34.0% 38.9%
    Avg Market Cap - Crore 1,82,318 4,05,524
    Source: Bloomberg and Internal Research. The above data as on October 31, 2021.

Performance of PGIM India Flexi Cap Fund

Fund Nifty 500 TR Index^ NIFTY 50 TR Index #
Period Returns (%) Value (INR)* Returns (%) Value (INR)* Returns (%) Value (INR)*
Regular Plan
Last 1 Year 69.30 16,929.94 59.08 15,908.05 53.54 15,354.21
Last 3 Year 29.96 21,964.57 21.22 17,820.98 20.79 17,634.61
Last 5 Year 19.36 24,241.47 16.34 21,323.32 16.83 21,770.60
Since Inception 15.81 26,580.00 12.88 22,411.57 12.22 21,549.09
Direct Plan
Last 1 Year 72.80 17,279.67 59.08 15,908.05 53.54 15,354.21
Last 3 Year 32.48 23,266.93 21.22 17,820.98 20.79 17,634.61
Last 5 Year 21.58 26,581.53 16.34 21,323.32 16.83 21,770.60
Since Inception 17.58 29,410.00 12.88 22,411.57 12.22 21,549.09

Date of Inception: Regular Plan: March 04, 2015; Direct Plan: March 04, 2015. All the above returns are of Growth Option and CAGR. CAGR – Compounded Annual Growth Rate. ^ Scheme Benchmark. # Standard Benchmark. *Based on standard investment of ₹ 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 of comparison with other investments. Different plans have different expense structure. Aniruddha Naha is managing this fund (for equity and equity related investments) since April 05, 2018 and Mr. Anandha A is managing this fund (for Overseas investments) since January 31, 2021.w.e.f. January 31, 2021, the name and type of the scheme has changed to PGIM India Flexi Cap Fund and Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks, respectively.The above returns are as on October 31,2021.

Performance of other schemes managed by Aniruddha Naha

Period Last 1 Year Last 3 Year Last 5 Year Managing Since
PGIM IndiaMidcap Opportunities Fund* 90.73 35.39 20.26 April 05, 2018
Nifty Mid Cap 100 TR Ifndex^ 80.18 22.16 15.04

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.GAGR -Compounded Annual Growth Rate. The above returns are for Regular Plan - Growth Option. Different plans have a different expense structure. Mr. Aniruddha Naha is managing 3 schemes of PGIM India Mutual Fund. PGIM India Rad cap fund is co-managed with Anandha Padmanabhan Anjeneyan (Equity portion) and Ravi Adukia (Overseas Investment).On account of the difference in the features of the schemes, the performance of these schemes is not strictly comparable.. Please refer to www.pgimincliamb.com for details on performance°, all schemes including direct plans. The above returns are as on October 31,2021.

Performance of other schemes managed by Ravi Adukia

Period Last 1 Year Last 3 Years Last 5 Years Fund Manager Details
Scheme Name Scheme(%) Benchmark(%) Scheme(%) Benchmark(%) Scheme(%) Benchmark(%) Benchmark Managing Since
PGIM India Hybrid Equity Fund 41.51 36.56 15.71 17.96 10.48 13.99 CRISIL Hybrid 35+65 Aggressive Index June 1st, 2021
PGIM India Emerging Markets Equity Fund 25.98 15.22 12.75 10.23 11.36 9.42 MSCIEmerging Markets Index June 1st, 2021
PGIM India Global Equity Opportunities Fund 31.01 35.96 33.34 15.90 24.80 15.28 MSCI AllCountry World Index June 1st, 2021

The above returns are for Regular Plan - Growth Option. The above returns are as on October 31,2021.

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.

Mr. Ravi Adukia (Dedicated Overseas Fund Manager) is managing 5 schemes of PGIM India Mutual Fund. On account of difference in scheme features, the performance of these schemes are not strictly comparable. Please refer www.pgimindiamf.com for details on performance of all schemes (including Direct Plan). Returns for PGIM India Balanced Advantage Fund are not provided, as the scheme has not completed 6 months of performance.

SIP Performance of PGIM India Flexi Cap Fund

Period Amount (Rs.) Returns (Annualised) (%)
Direct Plan Investment PGIM India Flexi Cap Fund PGIM India Flexi Cap Fund Nifty 500 TR Index"
Last 1Year 1,20,000 1,63,286.23 73.70 44.71
Last 3Year 3,60,000 6,37,000.77 40.91 30.46
Last 5Year 6,00,000 11,51,013.58 26.42 20.50
Since Inception 7,90,000 16,52,578.60 22.17 8.86

Date of Inception: Regular Plan: March 04, 2015. Anniruddha Naha managing this fund since April 05, 2018. The above returns are as on October 31,2021.

FAQs

What is a Flexi Cap fund?

As per regulatory requirement, a Flexi Cap Fund must invest a minimum of 65% of total assets in equity and equity-related securities. A Flexi Cap Fund predominantly invests in equity and equity related securities of companies across market capitalizations in a flexible manner.
These funds give your investments an exposure to equity shares of large cap, mid cap and small companies across sectors. Since these funds typically invest in companies which are market leaders/ challengers in their domain, have sustainable business models, healthy balance sheets, strong governance, amongst others, and also, invest across market cap segments, they offer growth to investors while striking a balance with volatility in a single portfolio.

Why invest in Flexi Cap Fund?

Flexi Cap Funds are designed to pick out growth opportunities with the flexibility to increase or decrease exposure to Large, Mid or Small Cap as per Market Cycles. These funds are also a good option for investors who would want to participate in the full market cycle over a medium to long term. Flexi Cap Funds provide flexibility to the fund managers to invest without staying anchored to prescribed sub limit to a particular capitalization segment. 

Who should invest in Flexi Cap fund?

1. Investors who wish to build their core equity portfolio holding, that invests in quality businesses that has potential to generate economic
value over a long period of time.

2. Ideal for investors with moderate risk-profile who want to stay invested to meet their long-term financial goal.

This product is suitable for investors who are seeking*

  • Capital appreciation over the long run
  • 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.

Scheme Riskometer

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Benchmark Riskometer

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Return on Equity: Return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Debt/Equity (ex-financials): Debt/Equity Ratio is a debt ratio used to measure a company's financial leverage, calculated by dividing a company's total liabilities by its stockholders' equity. The D/E ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders' equity. (Ex-Financials means excluding Banks and NBFCs).

Price/Earnings: The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.

Beta: Beta is a measure of an investment’s volatility vis-à-vis the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

© 2021 Prudential Financial, Inc. (PFI) and its related entities. PGIM, the PGIM logo, and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide.Mutual Fund investments are subject to market risks, read all scheme related documents carefully.