PGIM India Healthcare Fund
PGIM Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a concentrated pharmaceutical-heavy stance, with two-thirds of assets in drug makers and a fifth in hospital operators, positioning for India's structural healthcare consumption growth. The manager added Fortis Healthcare and Lupin while trimming Aster DM and Dr. Reddy's, signaling a tactical shift toward diversifying across pure-play hospital chains and mid-cap pharma rather than doubling down on large-cap dominance. With top-five holdings exceeding 40 percent, conviction remains high but selectivity matters significantly to returns.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.8400 | — | — | — | — | — | — |
| Regular Growth | ₹10.5800 | +9.07% | +8.74% | +4.96% | +9.98% | — | — |
| Direct IDCW | ₹10.8400 | — | — | — | — | — | — |
| Regular IDCW | ₹10.5800 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
31
Top 5 Weight
40.57%
Top 10 Weight
62.47%
Active Share
—
Large Cap
34.21%
Gini
0.413
What Changed2026-03-31 → 2026-04-30
Holdings: 31 → 33+2 added−0 removed20 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Fortis Healthcare Ltd. | 1.51% |
| Lupin Ltd. | 1.42% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 11.77% |
| 2 | Divi's Laboratories Ltd. INE361B01024 | 10.09% |
| 3 | Aster DM Healthcare Ltd. INE914M01019 | 6.40% |
| 4 | JB Chemicals & Pharmaceuticals Ltd. INE572A01036 | 6.36% |
| 5 | Rubicon Research Ltd. INE506V01022 | 5.95% |
| 6 | Max Healthcare Institute Ltd. INE027H01010 | 5.29% |
| 7 | Mankind Pharma Ltd. INE634S01028 | 5.12% |
| 8 | Ajanta Pharma Ltd. INE031B01049 | 4.66% |
| 9 | Krishna Inst of Medical Sciences Ltd. INE967H01025 | 3.77% |
| 10 | Navin Fluorine International Ltd. INE048G01026 | 3.06% |
| 11 | Clearing Corporation of India Ltd. nan | 2.93% |
| 12 | Neuland Laboratories Ltd. INE794A01010 | 2.88% |
| 13 | Dr. Lal Path Labs Ltd. INE600L01024 | 2.87% |
| 14 | Dr. Reddy's Laboratories Ltd. INE089A01031 | 2.87% |
| 15 | Abbott India Ltd. INE358A01014 | 2.86% |
| 16 | Torrent Pharmaceuticals Ltd. INE685A01028 | 2.61% |
| 17 | Sai Life Sciences Ltd INE570L01029 | 2.52% |
| 18 | Anthem Biosciences Ltd. INE0CZ201020 | 2.26% |
| 19 | Jupiter Life Line Hospitals Ltd. INE682M01012 | 1.99% |
| 20 | Global Health Ltd. INE474Q01031 | 1.76% |
Sector Allocation
Pharmaceuticals & Biotechnology65.0%
Healthcare Services25.1%
Chemicals & Petrochemicals3.1%
nan2.9%
Financial Technology (Fintech)1.4%
Insurance1.2%
Retailing0.8%
IT - Services0.6%
Top 10 sectors by % to NAV. Excludes derivatives.