PGIM India Large Cap Fund
PGIM India Large Cap maintains a heavily concentrated banking-weighted portfolio with 24% in financial services, betting on sustained credit growth and resilience. The manager is selectively trimming oil and telecom exposure while adding cyclical plays like Axis Bank and Tata Steel, signaling modest optimism on infrastructure and industrial recovery. The tight top-10 concentration at 43% leaves limited room for diversification benefits but reflects conviction in quality large-cap stability.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹384.8200 | — | — | — | — |
| Regular Growth | ₹320.2900 | -1.59% | -5.18% | +8.10% | +8.32% |
| Direct IDCW | ₹25.9400 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Axis Bank Ltd. | 1.87% |
| Marico Ltd. | 1.01% |
| GE Vernova T&D India Limited | 0.58% |
| Tata Steel Ltd. | 0.51% |
| InterGlobe Aviation Ltd. | 0.47% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 8.21% |
| 2 | ICICI Bank Ltd. INE090A01021 | 7.59% |
| 3 | Reliance Industries Ltd. INE002A01018 | 5.81% |
| 4 | Larsen & Toubro Ltd. INE018A01030 | 4.01% |
| 5 | State Bank of India INE062A01020 | 3.68% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 3.63% |
| 7 | Bajaj Finance Ltd. INE296A01032 | 2.89% |
| 8 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.83% |
| 9 | Titan Company Ltd. INE280A01028 | 2.43% |
| 10 | Eternal Ltd. INE758T01015 | 2.36% |
| 11 | NTPC Ltd. INE733E01010 | 2.32% |
| 12 | VARUN BEVERAGES LIMITED INE200M01039 | 2.15% |
| 13 | Tata Consultancy Services Ltd. INE467B01029 | 2.03% |
| 14 | TVS Motor Company Ltd. INE494B01023 | 2.00% |
| 15 | Divi's Laboratories Ltd. INE361B01024 | 1.96% |
| 16 | Ultratech Cement Ltd. INE481G01011 | 1.94% |
| 17 | Tech Mahindra Ltd. INE669C01036 | 1.91% |
| 18 | Axis Bank Ltd. INE238A01034 | 1.87% |
| 19 | Clearing Corporation of India Ltd. nan | 1.73% |
| 20 | Mahindra & Mahindra Ltd. INE101A01026 | 1.59% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India Large Cap Fund hold?
PGIM India Large Cap Fund holds 59 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.30% of NAV.
What is the largest holding in PGIM India Large Cap Fund?
The largest position in PGIM India Large Cap Fund is HDFC Bank Ltd., accounting for 8.21% of NAV in the Banks sector.
Is PGIM India Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.403, PGIM India Large Cap Fund is well-diversified. The HHI concentration index is 30,822 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.30% of the portfolio.
What is the market cap allocation of PGIM India Large Cap Fund?
Based on SEBI's AMFI classification, PGIM India Large Cap Fund's equity portfolio is split as: Large Cap: 84.82%, Mid Cap: 10.53%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India Large Cap Fund invest in most?
PGIM India Large Cap Fund has the highest allocation to Banks (24.18%), Finance (7.46%), IT - Software (6.00%). The fund is invested across 32 sectors in total.
How actively managed is PGIM India Large Cap Fund compared to other Large Cap Fund funds?
PGIM India Large Cap Fund has an Active Share of 32.83%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in PGIM India Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India Large Cap Fund added 5 new stocks (including Axis Bank Ltd.). Total holding count increased from 56 to 61 stocks.