PGIM India Healthcare Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹11.0500 | — | — | — | — |
| Regular Growth | ₹10.7800 | +9.33% | +11.71% | — | — |
| Direct IDCW | ₹11.0500 | — | — | — | — |
| Regular IDCW | ₹10.7800 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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. | 1.51% |
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India Healthcare Fund hold?
PGIM India Healthcare Fund holds 31 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 40.57% of NAV.
What is the largest holding in PGIM India Healthcare Fund?
The largest position in PGIM India Healthcare Fund is Sun Pharmaceutical Industries Ltd., accounting for 11.77% of NAV in the Pharmaceuticals & Biotechnology sector.
Is PGIM India Healthcare Fund a concentrated or diversified fund?
With a Gini coefficient of 0.413, PGIM India Healthcare Fund is well-diversified. The HHI concentration index is 53,818 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 40.57% of the portfolio.
What is the market cap allocation of PGIM India Healthcare Fund?
Based on SEBI's AMFI classification, PGIM India Healthcare Fund's equity portfolio is split as: Large Cap: 34.21%, Mid Cap: 18.23%, Small Cap: 44.65%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India Healthcare Fund invest in most?
PGIM India Healthcare Fund has the highest allocation to Pharmaceuticals & Biotechnology (65.05%), Healthcare Services (25.13%), Chemicals & Petrochemicals (3.06%). The fund is invested across 8 sectors in total.
How actively managed is PGIM India Healthcare Fund compared to other Sectoral / Thematic funds?
PGIM India Healthcare Fund has an Active Share of 90.88%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in PGIM India Healthcare Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India Healthcare Fund added 2 new stocks (including Fortis Healthcare Ltd.). Total holding count increased from 31 to 33 stocks.