Investment Objective and Approach

PGIM India Small Cap Fund seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of small cap 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.

The fund invests a minimum of 65% of its corpus in Equity and Equity related instruments of Small Cap companies. Small Cap Companies shall be 251st company onwards in terms of full market capitalization as per the list prepared by AMFI.

Investment Strategy:

- The fund scouts for companies that may have good growth potential, are run by quality management, have a strong track record, and good financials.

- The fund holds a diverse set of fast-growing, innovative companies across sectors.

- The Fund seeks to capture opportunities available in the small cap segment.

Why Small Cap Investing:

- Small Cap firms have the potential to grow into bigger companies over the long term.

- Since they are under-researched and under-owned, the opportunity to identify good companies is abundant.

- As small companies are nimble and can take advantage of new opportunities faster, they can introduce new products, enter into new market segments and may grow their revenues faster as compared to Large Cap firms.

Key Financial Metrics (as of various dates in 2025):

- AUM: ₹1,560.68 Crores as on 21 Jul 2025

- Expense Ratio: 0.60%

- Date of Inception: Direct Plan: July 29, 2021

- Since inception returns: 75.91%

Fund Managers

The fund is managed by experienced professionals with extensive expertise in equity markets:

Primary Fund Managers:

- Vinay Paharia and Puneet Pal are the fund managers of PGIM India Small Cap Fund

Vinay Paharia:

- Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.

- Before PGIM India Mutual Fund, he worked with Union Mutual Fund, Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd, and First Global Stock Broking Pvt. Ltd.

Puneet Pal:

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

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

The fund managers bring extensive experience in Indian equities across equity research and portfolio management, particularly in equity research, with over two decades of equity research and fund management experience.

About the Fund House (AMC)

PGIM India Mutual Fund is part of a prestigious global investment management organization with a strong heritage and extensive resources.

Global Heritage:

- 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.

- 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.

- PGIM operates across 16 countries and has 38 offices with over 1,300+ investment professionals.

Parent Company:

- Prudential Financial, Inc. (PFI), with operations spanning the United States, Asia, Europe, and Latin America, provides a wide array of products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management.

- 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).

Indian Operations:

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

- PGIM India Asset Management is a full-service investment manager that offers a broad range of equity and fixed income solutions to retail and institutional investors throughout the country across equity, debt and hybrid categories along with international fund of fund schemes. It manages 19 open-ended funds operated by 18 investment professionals.

Investment Philosophy:

The AMC offers a broad range of investment capabilities through our multi-manager model along with our experienced investment team through an array of investment options ranging from Diversified Equity Funds, Hybrid Funds, Debt Funds and International Fund of Funds to assist you in achieving your financial goals.

Should I Invest in PGIM India Small Cap Fund?

Ideal Investment Horizon:

At least five years and more. Warning: Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.

Risk Profile:

- The PGIM India Small Cap Fund Direct Growth is rated Very High risk.

- This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Investment Approach:

- Like for all equity funds, you must invest only through the SIP route.

- Investing via SIP helps you accumulate more units when markets fall.

- When valuations are high, it is advisable to stagger your investments.

Investment Requirements:

- The minimum application amount is Rs 5,000 for a lump sum and Rs 1,000 for additional investment.

- You need to commit at least 5 instalments (monthly or quarterly) of Rs 1,000 per instalment through SIP.

Tax Implications:

- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.

- If sold after 1 year, gains over Rs 1.25 lakh are taxed at the rate of 12.5%.

Exit Load:

For Exits within 90 days from date of allotment of units: 0.50%. For Exits beyond 90 days: NIL.

FAQs

What is today's NAV of PGIM India Small Cap Fund?

The NAV changes daily based on market movements. You can check the current NAV on Allvest platform for the most up-to-date information.

What is the AUM of PGIM India Small Cap Fund?

The fund has an AUM of ₹1,560.68 Crores as on 21 Jul 2025.

What is the expense ratio of PGIM India Small Cap Fund?

The fund has an expense ratio of 0.60%, which is competitive for small cap funds.

What are the returns of PGIM India Small Cap Fund since inception?

The fund has delivered 75.91% returns since scheme launch, with a CAGR return of 12.16% since inception.

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

The minimum SIP amount is ₹1,000 with a commitment of at least 5 instalments.

How do I invest in PGIM India Small Cap Fund?

You can invest in PGIM India Small Cap Fund through Allvest platform by completing your KYC, choosing between lump sum or SIP options, and making the payment online.

How to start a SIP in PGIM India Small Cap Fund?

Log into your Allvest account, select the fund, choose SIP option, set your monthly investment amount (minimum ₹1,000), select investment date, and set up auto-debit instructions.

How do I automate an SIP in PGIM India Small Cap Fund?

Set up auto-debit mandate through Allvest platform by linking your bank account and authorizing automatic monthly deductions for seamless SIP investments.

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

You can redeem your investment through Allvest platform anytime. Note the exit load of 0.5% if redeemed within 90 days and applicable tax implications based on holding period.