Investment Objective and Approach

The investment objective of the scheme is to seek to generate consistent returns by predominantly investing in equity and equity related securities of Pharmaceutical and healthcare companies. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Benchmarked against BSE Healthcare TRI, the fund will invest a minimum of 80% in stocks of pharmaceutical and healthcare companies, up to 20% in other equities/debt and money market, REITs & InvITs (up to 10%) and foreign securities including overseas ETFs up to 20%.

The portfolio will be built utilizing a combination of top-down and bottom-up portfolio construction process, focusing on the fundamentals of each stock, including quality of management.

The fund provides investors exposure to India's growing healthcare ecosystem, including:

- Pharmaceutical companies

- Hospitals and healthcare services

- Medical devices and equipment

- Diagnostics and pathology

- Telemedicine and health technology

- Medical tourism

Key investment themes driving the sector:

- Benefit from rising demand for medical services due to ageing population, greater health awareness and increased government spending.

- Emerging trends like age segments like AI based diagnostics, med-tech, telemedicine, shift towards preventive healthcare, medical tourism and more, bodes well for the sector.

- Benefit from increased government spending which is projected to reach 2.5% of the country's GDP by 2025.

Fund Managers

This scheme is currently managed by its fund managers Puneet Pal, Anandha Padmanabhan Anjeneyan, Vivek Sharma and Utsav Mehta.

Puneet Pal (Lead Fund Manager)

- Mr. Pal is a B.Com (H) and MBA from SIBM Pune.

- He has more than 17 years of experience in the Debt market.

- Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr.

The fund management team brings extensive experience in Indian financial markets, with a primary focus on equity research. Extensive experience in Indian equities across equity research and portfolio management. Extensive experience within the Indian financial markets, particularly in equity research.

About the Fund House (AMC)

PGIM India Mutual Fund is a wholly owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI).

Global Presence & Expertise:

- PFI, short for Prudential Financial Inc, is one of the top 10 investment managers with over USD 1.4 trillion in asset under management (AUM). PGIM operates across 16 countries and has 38 offices with over 1,300+ investment professionals.

- PGIM is a leading global investment manager with a wide range of actively managed asset classes including Equities, Fixed Income, Real Estate, private credit, and other alternatives.

Local Operations:

- PGIM India Mutual Fund leverages PGIM's shared legacy of 150 years and global resources along with local investment expertise to create wealth-building solutions for both retail and institutional investors.

- As of March 2024, it has a total AUM of 23240.16 Crores.

- It manages 19 open-ended funds operated by 18 investment professionals.

Should I Invest in PGIM India Healthcare Fund?

Fund Characteristics (as of latest available data):

- NAV: ₹10.2400 as on 24 Jul 2025 (Direct Growth)

- AUM: ₹111.74 Cr as on 30 Jun 2025

- Expense Ratio: 0.66% (24 Jul 2025)

- Inception Date: 11 Dec 2024

- Risk Level: Very High risk

- Minimum SIP: ₹1000

- Minimum Lumpsum: ₹5,000

Investment Considerations:

Positives:

- Access to India's growing healthcare sector with diverse sub-themes

- As per the Economic Survey 2022-23, India's public expenditure on healthcare has increased to 2.1% of GDP in FY23, from 1.6% in FY21.

- Professional fund management with global AMC backing

- Low expense ratio compared to category average

- No lock-in period with liquidity available

Risks to Consider:

- We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

- Warning: Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.

- Sector-specific funds carry higher volatility than diversified equity funds

- But if you do invest, you must do so only through the SIP route.

Ideal For:

- Investors with 7+ year investment horizon

- Those seeking exposure to healthcare theme

- Risk-tolerant investors comfortable with sector volatility

- SIP investors looking for systematic investment approach

FAQs

What is today's NAV of PGIM India Healthcare Fund?

The latest NAV of PGIM India Healthcare Fund Direct Growth is ₹10.1400 as of 22-Jul-2025. NAV is updated daily after market hours.

What is the AUM of PGIM India Healthcare Fund?

The fund has an AUM of ₹111.74 Cr as on 30 Jun 2025. This relatively small AUM reflects the fund's recent launch in December 2024.

What is the expense ratio of PGIM India Healthcare Fund?

The expense ratio is 0.66% as on 24 Jul 2025. This is competitive compared to the healthcare sector fund category average.

What are the returns of PGIM India Healthcare Fund since inception?

PGIM India Healthcare Fund Direct Growth has given a CAGR return of 0.70% since inception. The fund is relatively new, launched in December 2024.

What is the minimum SIP amount to invest in PGIM India Healthcare Fund?

The minimum SIP amount is ₹1,000 and minimum lumpsum investment is ₹5,000.

How do I invest in PGIM India Healthcare Fund?

You can invest through Allvest's platform by completing your KYC process. Allvest provides a seamless digital investment experience with comprehensive fund analysis and portfolio tracking tools.

How to start a SIP in PGIM India Healthcare Fund?

Through Allvest, you can easily set up a SIP by selecting the fund, choosing your investment amount (minimum ₹1,000), and setting up auto-debit instructions. The process is completely paperless.

How do I automate an SIP in PGIM India Healthcare Fund?

Allvest allows you to automate your SIP through e-mandate or bank auto-debit facility. Simply provide your bank details and authorize the automatic monthly deduction during the SIP setup process.

How can I withdraw/redeem my investment in PGIM India Healthcare Fund?

You can redeem your investment through Allvest's platform anytime as there's no lock-in period. Exit load of 0.50% applies if redeemed within 90 days. Redemption proceeds are typically credited within 3-4 working days.