PGIM India Midcap Fund
The fund maintains a balanced but deliberately diversified midcap exposure with no single stock exceeding 2.7% weight, suggesting a conviction-driven yet prudent approach. Recent additions in healthcare, consumer, and financial services signal the manager is rotating toward defensive growth pockets while trimming tech concentration, evidenced by Persistent Systems' significant reduction. The 4.4% monthly gain and broad sector participation across banks, pharma, and retail indicate positioning for resilient earnings amid economic cycles rather than chasing momentum.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹73.5500 | +1.59% | — | — | — |
| Regular Growth | ₹62.8700 | +1.49% | +0.90% | +12.74% | +13.80% |
| Direct IDCW | ₹60.9600 | +1.58% | — | — | — |
| Regular IDCW | ₹22.5000 | +1.49% | — | — | — |
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 |
|---|---|
| Fortis Healthcare Ltd. | 1.05% |
| Marico Ltd. | 0.77% |
| Bank of Maharashtra | 0.76% |
| IPCA Laboratories Ltd. | 0.76% |
| Apar Industries Ltd. | 0.62% |
| Premier Energies Ltd. | 0.51% |
| Lupin Ltd. | 0.50% |
| Oil India Ltd. | 0.48% |
| Shriram Finance Ltd. | 0.46% |
| Tech Mahindra Ltd. | 0.44% |
| Acutaas Chemicals Ltd. | 0.43% |
| National Aluminium Company Ltd. | 0.41% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Ltd. nan | 2.66% |
| 2 | UNO Minda Ltd. INE405E01023 | 2.52% |
| 3 | JK Cement Ltd. INE823G01014 | 2.48% |
| 4 | Bharti Hexacom Ltd. INE343G01021 | 2.41% |
| 5 | The Federal Bank Ltd. INE171A01029 | 2.40% |
| 6 | Vishal Mega Mart Ltd INE01EA01019 | 2.23% |
| 7 | Mankind Pharma Ltd. INE634S01028 | 2.17% |
| 8 | AU Small Finance Bank Ltd. INE949L01017 | 2.08% |
| 9 | Aditya Birla Capital Ltd. INE674K01013 | 2.06% |
| 10 | Max Financial Services Ltd. INE180A01020 | 1.98% |
| 11 | Prestige Estates Projects Ltd. INE811K01011 | 1.95% |
| 12 | Dixon Technologies (India) Ltd. INE935N01020 | 1.91% |
| 13 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 1.71% |
| 14 | Solar Industries India Ltd. INE343H01029 | 1.66% |
| 15 | Blue Star Ltd. INE472A01039 | 1.60% |
| 16 | Max Healthcare Institute Ltd. INE027H01010 | 1.50% |
| 17 | SRF Ltd. INE647A01010 | 1.45% |
| 18 | BSE Ltd. INE118H01025 | 1.45% |
| 19 | TVS Motor Company Ltd. INE494B01023 | 1.45% |
| 20 | Eternal Ltd. INE758T01015 | 1.43% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India Midcap Fund hold?
PGIM India Midcap Fund holds 106 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 12.47% of NAV.
What is the largest holding in PGIM India Midcap Fund?
The largest position in PGIM India Midcap Fund is Clearing Corporation of India Ltd., accounting for 2.66% of NAV in the nan sector.
Is PGIM India Midcap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.355, PGIM India Midcap Fund is well-diversified. The HHI concentration index is 13,509 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 12.47% of the portfolio.
What is the market cap allocation of PGIM India Midcap Fund?
Based on SEBI's AMFI classification, PGIM India Midcap Fund's equity portfolio is split as: Large Cap: 18.43%, Mid Cap: 68.76%, Small Cap: 8.96%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India Midcap Fund invest in most?
PGIM India Midcap Fund has the highest allocation to Banks (8.67%), Pharmaceuticals & Biotechnology (7.51%), Auto Components (6.64%). The fund is invested across 37 sectors in total.
How actively managed is PGIM India Midcap Fund compared to other Mid Cap Fund funds?
PGIM India Midcap Fund has an Active Share of 44.89%, classifying it as "Balanced Approach" among 30 Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in PGIM India Midcap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India Midcap Fund added 12 new stocks (including Fortis Healthcare Ltd.) and exited 3 stocks (including Dr. Lal Path Labs Ltd.). Total holding count increased from 99 to 108 stocks.