Funds/Aggressive Hybrid Fund/PGIM India Aggressive Hybrid Equity Fund

PGIM India Aggressive Hybrid Equity Fund

PGIM Mutual Fund·Aggressive Hybrid Fund·vs Nifty 500 TRI

The fund maintains a conservative tilt within the aggressive hybrid mandate, anchoring nearly 16 percent in sovereign debt while concentrating 46 percent across just ten holdings, dominated by banking and financials. The manager's recent pivot toward shorter-duration government securities and tactical T-bill additions, paired with selective equity exits like Persistent Systems, suggests a cautious stance on duration and valuation. This repositioning signals conviction to lock in yields while staying defensively positioned within core sectors, prioritizing stability over growth-oriented bets.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹125.0500	+1.21%	-2.44%	-5.62%	-2.67%	+8.83%	+8.14%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

30.86%

Top 10 Weight

46.10%

Active Share

—

Large Cap

48.95%

Gini

0.432

What Changed2026-03-31 → 2026-04-30

Holdings: 65 → 66+4 added−3 removed25 weight shifts ≥ 0.1%

Stock	Sector	Weight
Tech Mahindra Ltd.	IT - Software	0.54%
8.33% Government of India	SOVEREIGN	0.99%
91 DAYS TBILL RED 07-05-2026	SOVEREIGN	1.22%
182 DAYS TBILL RED 09-07-2026	SOVEREIGN	0.49%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	PGIM Jennison Global Equity Opportunities Fund IE00BYV6MS67	nan	EQUITY	11.16%
2	ICICI Bank Ltd. INE090A01021	Banks	EQUITY	5.80%
3	HDFC Bank Ltd. INE040A01034	Banks	EQUITY	5.52%
4	7.26% Government of India IN0020220060	SOVEREIGN	DEBT	4.47%
5	Reliance Industries Ltd. INE002A01018	Petroleum Products	EQUITY	3.91%
6	Union Bank of India ** # INE692A16LF0	ICRA A1+	DEBT	3.90%
7	Bharti Airtel Ltd. INE397D01024	Telecom - Services	EQUITY	3.75%
8	Larsen & Toubro Ltd. INE018A01030	Construction	EQUITY	3.00%
9	7.1% Government of India IN0020240019	SOVEREIGN	DEBT	2.46%
10	Clearing Corporation of India Ltd. nan	nan	CASH_EQUIVALENT	2.13%
11	State Bank of India INE062A01020	Banks	EQUITY	2.07%
12	VARUN BEVERAGES LIMITED INE200M01039	Beverages	EQUITY	1.99%
13	Titan Company Ltd. INE280A01028	Consumer Durables	EQUITY	1.94%
14	Bajaj Finance Ltd. INE296A01032	Finance	EQUITY	1.93%
15	7.26% Government of India IN0020220151	SOVEREIGN	DEBT	1.89%
16	Power Grid Corporation of India Ltd. INE752E01010	Power	EQUITY	1.71%
17	6.01% Government of India IN0020250067	SOVEREIGN	DEBT	1.68%
18	Dixon Technologies (India) Ltd. INE935N01020	Consumer Durables	EQUITY	1.65%
19	Infosys Ltd. INE009A01021	IT - Software	EQUITY	1.36%
20	Ultratech Cement Ltd. INE481G01011	Cement & Cement Products	EQUITY	1.36%

Sector Allocation

SOVEREIGN15.6%

nan13.7%

Banks13.4%

Consumer Durables4.6%

Petroleum Products3.9%

ICRA A1+3.9%

Telecom - Services3.8%

Finance3.2%

Pharmaceuticals & Biotechnology3.1%

IT - Software3.0%

Top 10 sectors by % to NAV. Excludes derivatives.