PGIM India Large Cap Fund
PGIM Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹380.3100 | — | — | — | — | — | — |
| Regular Growth | ₹316.5400 | -0.90% | -6.97% | -9.53% | -5.21% | +7.71% | +8.06% |
| Direct IDCW | ₹25.6300 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
59
Top 5 Weight
29.30%
Top 10 Weight
43.44%
Active Share
—
Large Cap
84.82%
Gini
0.403
What Changed2026-03-31 → 2026-04-30
Holdings: 56 → 61+5 added−0 removed23 weight shifts ≥ 0.1%
| 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
Banks24.2%
Finance7.5%
IT - Software6.0%
Automobiles6.0%
Petroleum Products5.8%
Pharmaceuticals & Biotechnology5.6%
Consumer Durables5.1%
Construction4.0%
Telecom - Services3.6%
Retailing3.6%
Top 10 sectors by % to NAV. Excludes derivatives.