NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

PGIM India Large Cap Fund Growth for NRI [334.35]

Min Investment

5,000

Fund Size

591.91 Cr

Expense Ratio

2.4%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

334.35

0.71%

NAV as on 14 Jul 24, 12:00 AM

very high risk

large cap

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

large cap

equity

24.67%p.a.

Last 1Y

12.93%p.a.

Last 3Y

14.53%p.a.

Last 5Y

17.68%p.a.

Since Inception

About PGIM India Large Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India Large Cap Fund Growth scheme from PGIM India Asset Management Private Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Jan 2003, PGIM India Large Cap Fund Growth is Large-Cap fund of its category with 591.91 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • PGIM India Large Cap Fund Growth delivered 24.7% annual returns during the last year. It has delivered 17.7% average annual returns since the fund was launched.
  • PGIM India Large Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of equity and equity related securities of predominantly large cap companies.

Top 10 Holdings

ICICI Bank Ltd

9.51%

Reliance Industries Ltd

8.48%

HDFC Bank Ltd

7.69%

Tata Consultancy Services Ltd

6.75%

Axis Bank Ltd

6.47%

Larsen & Toubro Ltd

4.04%

Bharti Airtel Ltd

3.80%

Sun Pharmaceuticals Industries Ltd

3.60%

UltraTech Cement Ltd

3.35%

Avenue Supermarts Ltd

3.17%

Fund Managers

  1. Bhupesh Kalyani (Apr 2023 - Present)
  2. Vinay Paharia (Apr 2023 - Present)
  3. Anandha Padmanabhan Anjeneyan (Aug 2023 - Present)
  4. Vivek Sharma (Apr 2024 - Present)

Key Information

View Scheme Document

PGIM India Large Cap Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on PGIM India Large Cap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in PGIM India Large Cap Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in PGIM India Large Cap Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions