Funds/Mid Cap Fund/PGIM India Midcap Fund

PGIM India Midcap Fund

PGIM Mutual Fund·Mid Cap Fund·vs Nifty Midcap 150 TRI

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	3M	6M	1Y	3Y CAGR	5Y CAGR
Direct Growth	₹72.8600	+2.91%	—	—	—	—	—
Regular Growth	₹62.2900	+2.81%	-1.06%	-4.39%	+1.01%	+12.58%	+13.59%
Direct IDCW	₹60.3900	+2.91%	—	—	—	—	—
Regular IDCW	₹22.3000	+2.86%	—	—	—	—	—

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

Portfolio Metrics(latest month)

Holdings

106

Top 5 Weight

12.47%

Top 10 Weight

22.99%

Active Share

—

Large Cap

18.43%

Gini

0.355

What Changed2026-03-31 → 2026-04-30

Holdings: 99 → 108+12 added−3 removed41 weight shifts ≥ 0.1%

Stock	Sector	Weight
Fortis Healthcare Ltd.	Healthcare Services	1.05%
Marico Ltd.	Agricultural Food & other Products	0.77%
Bank of Maharashtra	Banks	0.76%
IPCA Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.76%
Apar Industries Ltd.	Electrical Equipment	0.62%
Premier Energies Ltd.	Electrical Equipment	0.51%
Lupin Ltd.	Pharmaceuticals & Biotechnology	0.50%
Oil India Ltd.	Oil	0.48%
Shriram Finance Ltd.	Finance	0.46%
Tech Mahindra Ltd.	IT - Software	0.44%
Acutaas Chemicals Ltd.	Pharmaceuticals & Biotechnology	0.43%
National Aluminium Company Ltd.	Non - Ferrous Metals	0.41%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Clearing Corporation of India Ltd. nan	nan	CASH_EQUIVALENT	2.66%
2	UNO Minda Ltd. INE405E01023	Auto Components	EQUITY	2.52%
3	JK Cement Ltd. INE823G01014	Cement & Cement Products	EQUITY	2.48%
4	Bharti Hexacom Ltd. INE343G01021	Telecom - Services	EQUITY	2.41%
5	The Federal Bank Ltd. INE171A01029	Banks	EQUITY	2.40%
6	Vishal Mega Mart Ltd INE01EA01019	Retailing	EQUITY	2.23%
7	Mankind Pharma Ltd. INE634S01028	Pharmaceuticals & Biotechnology	EQUITY	2.17%
8	AU Small Finance Bank Ltd. INE949L01017	Banks	EQUITY	2.08%
9	Aditya Birla Capital Ltd. INE674K01013	Finance	EQUITY	2.06%
10	Max Financial Services Ltd. INE180A01020	Insurance	EQUITY	1.98%
11	Prestige Estates Projects Ltd. INE811K01011	Realty	EQUITY	1.95%
12	Dixon Technologies (India) Ltd. INE935N01020	Consumer Durables	EQUITY	1.91%
13	FSN E-Commerce Ventures Ltd. INE388Y01029	Retailing	EQUITY	1.71%
14	Solar Industries India Ltd. INE343H01029	Chemicals & Petrochemicals	EQUITY	1.66%
15	Blue Star Ltd. INE472A01039	Consumer Durables	EQUITY	1.60%
16	Max Healthcare Institute Ltd. INE027H01010	Healthcare Services	EQUITY	1.50%
17	SRF Ltd. INE647A01010	Chemicals & Petrochemicals	EQUITY	1.45%
18	BSE Ltd. INE118H01025	Capital Markets	EQUITY	1.45%
19	TVS Motor Company Ltd. INE494B01023	Automobiles	EQUITY	1.45%
20	Eternal Ltd. INE758T01015	Retailing	EQUITY	1.43%

Sector Allocation

Banks8.7%

Pharmaceuticals & Biotechnology7.5%

Auto Components6.6%

Finance6.5%

Retailing6.1%

Electrical Equipment6.0%

Industrial Products5.7%

Capital Markets5.5%

Consumer Durables4.4%

Healthcare Services3.6%

Top 10 sectors by % to NAV. Excludes derivatives.