PGIM India Flexi cap fund vs Union Largecap Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Flexi cap fund is a Flexi Cap fund and Union Largecap Fund is a Large Cap fund. In the 3 years to 30-10-2026, PGIM India Flexi cap fund (Direct) returned 10.6% a year and Union Largecap Fund (Direct) returned 7.8% a year. PGIM India Flexi cap fund charges 0.85% a year and Union Largecap Fund 1.68% (Direct plans). Their portfolios overlap 51.7%: they hold 34 of the same securities.
PGIM India Flexi cap fund
Flexi Cap
- 3 year return
- 10.6%
- Expense ratio
- 0.85%
- NAV
- ₹41.91
Which is better, PGIM India Flexi cap fund or Union Largecap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- PGIM India Flexi cap fund returned more over 5 years: 7.3% a year against 6.1%.
- PGIM India Flexi cap fund returned more over 3 years: 10.6% a year against 7.8%.
- PGIM India Flexi cap fund costs less: 0.85% a year against 1.68% (Direct plans).
- PGIM India Flexi cap fund swung less over 3 years: a standard deviation of 13.5% a year against 13.7%.
- Union Largecap fell less in its worst fall since 18-05-2017: −36.4% against −36.5%.
- Union Largecap holds more in large companies: 83.0% of the fund in large caps against 55.2%.
- PGIM India Flexi cap fund is the larger fund: ₹5,595 Cr against ₹408 Cr.
- Their portfolios overlap 51.7%: 34 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | PGIM India Flexi cap fund | Union Largecap Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | Union Mutual Fund |
| Category | Flexi Cap | Large Cap |
| AUM | ₹5,595 Cr (30-09-2026) | ₹408 Cr (30-09-2026) |
| NAV | ₹41.91 (Direct) | ₹23.73 (Direct) |
| Expense ratio (Direct) | 0.85% | 1.68% |
| Expense ratio (Regular) | 2.11% | 2.58% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 100 TRI |
| Launch date | 04-03-2015 | 11-05-2017 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal | Pratik Dharmshi, Sanjay Bembalkar |
| Exit load | Exit load of 0.5%, if redeemed within 90 days. | Exit load of 1%, if redeemed within 15 days. |
PGIM India Flexi cap fund vs Union Largecap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| PGIM India Flexi cap fund (Direct) | −0.78% | −3.77% | +1.21% | −4.62% | +10.59% | +7.34% | +14.24% |
| Union Largecap Fund (Direct) | +0.98% | −4.24% | −2.18% | −8.09% | +7.81% | +6.11% | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | -- |
Category average: the average of the 46 Flexi Cap funds and the 35 Large Cap funds, same plan type.
PGIM India Flexi cap fund vs Union Largecap: Year-wise Returns
| Year | PGIM India Flexi cap fundPGIM India Flexi cap fund | Union LargecapUnion Largecap |
|---|---|---|
| 2026to date | −3.17% | −7.05% |
| 2025 | +6.13% | +5.23% |
| 2024 | +17.08% | +13.31% |
| 2023 | +21.66% | +23.26% |
| 2022 | −4.92% | +0.23% |
| 2021 | +46.45% | +29.33% |
PGIM India Flexi cap fund vs Union Largecap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of PGIM India Flexi cap fund
Rolling returns
Every 3-year holding period, 1,594 of them, one for each trading day from 18-05-2020 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
PGIM India Flexi cap fund (Direct)
Union Largecap Fund (Direct)
Nifty 500 TRI
to
Nov 2020Dec 2018
to
Dec 2021Feb 2020
to
Feb 2023Mar 2021
to
Mar 2024Apr 2022
to
Apr 2025Apr 2023
to
Apr 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PGIM India Flexi cap fund | 0.1 | 2.2 | 10.0 | 29.2 | 19.3 | 14.5 | 24.7 | 18.5% | 17.0% | −0.8% | 40.4% | 56% |
| Union Largecap | 1.5 | 6.4 | 11.4 | 39.8 | 29.8 | 10.0 | 1.0 | 13.7% | 14.0% | −4.7% | 30.0% | 1% |
| Nifty 500 TRI | 0.8 | 7.0 | 4.8 | 23.0 | 43.0 | 16.6 | 4.8 | 16.0% | 16.5% | −3.2% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-05-2017. Past returns do not promise future returns.
PGIM India Flexi cap fund vs Union Largecap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-05-2017 to 30-10-2026: 114 instalments, ₹11,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| PGIM India Flexi cap fundPGIM India Flexi cap fund (Direct) | ₹11,40,000 | ₹22,31,327 | ₹10,91,327 | 13.6% |
| Union LargecapUnion Largecap Fund (Direct) | ₹11,40,000 | ₹18,38,214 | ₹6,98,214 | 9.8% |
PGIM India Flexi cap fundPGIM India Flexi cap fund (Direct)
Union LargecapUnion Largecap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
PGIM India Flexi cap fund vs Union Largecap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Flexi cap fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.62% | −8.09% |
| Standard deviation | 13.86% | 14.03% |
| Sharpe ratio | -0.71 | -0.95 |
| Sortino ratio | -0.96 | -1.27 |
| Maximum drawdown | −14.1% (30-03-2026) | −14.1% (30-03-2026) |
| Beta | 0.95 | 0.99 |
| Alpha | +2.07% | +0.69% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | PGIM India Flexi cap fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.59% | +7.81% |
| Standard deviation | 13.48% | 13.72% |
| Sharpe ratio | 0.34 | 0.13 |
| Sortino ratio | 0.46 | 0.18 |
| Maximum drawdown | −17.3% (28-02-2025) | −16.3% (28-02-2025) |
| Beta | 0.92 | 0.99 |
| Alpha | +0.72% | −1.14% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | PGIM India Flexi cap fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.34% | +6.11% |
| Standard deviation | 13.65% | 13.79% |
| Sharpe ratio | 0.11 | 0.02 |
| Sortino ratio | 0.15 | 0.03 |
| Maximum drawdown | −22.6% (20-06-2022) | −18.8% (17-06-2022) |
| Beta | 0.92 | 0.98 |
| Alpha | −1.23% | −1.63% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | PGIM India Flexi cap fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.11% | +9.55% |
| Standard deviation | 15.63% | 16.04% |
| Sharpe ratio | 0.48 | 0.26 |
| Sortino ratio | 0.65 | 0.35 |
| Maximum drawdown | −36.5% (23-03-2020) | −36.4% (23-03-2020) |
| Beta | 0.95 | 0.97 |
| Alpha | +2.14% | −1.93% |
From daily NAVs, 09-03-2015 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
PGIM India Flexi cap fund (Direct)
Union Largecap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Flexi cap fund (Direct) | −36.5% | 12-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −6.2% |
| Union Largecap Fund (Direct) | −36.4% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 18-05-2017, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Flexi cap fund (Direct)
Union Largecap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Flexi cap fund (Direct)
Union Largecap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Flexi cap fund (Direct)
Union Largecap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| PGIM India Flexi cap fund (Direct) | 100% | 91% | 4.95% |
| Union Largecap Fund (Direct) | 88% | 94% | 3.50% |
From month-end values since 18-05-2017. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
PGIM India Flexi cap fund vs Union Largecap: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Flexi cap fund, September 2026; Union Largecap Fund, September 2026
Holdings in common
- Overlap
- 51.7%
- Held by both
- 34
- Only in PGIM India Flexi cap fund
- 51
- Only in Union Largecap
- 23
| Security | % of PGIM India Flexi cap fund | % of Union Largecap |
|---|---|---|
| HDFC Bank Ltd. | 6.12% | 6.95% |
| ICICI Bank Ltd. | 5.81% | 9.41% |
| Bharti Airtel Ltd. | 3.86% | 4.31% |
| Eternal Ltd. | 3.21% | 3.27% |
| State Bank of India | 2.71% | 4.18% |
| Reliance Industries Ltd. | 1.98% | 5.28% |
| Bajaj Finance Ltd. | 1.93% | 2.00% |
| Titan Company Ltd. | 1.85% | 2.39% |
| Larsen & Toubro Ltd. | 1.56% | 2.49% |
| Axis Bank Ltd. | 1.53% | 3.24% |
| Max Healthcare Institute Ltd. | 1.47% | 1.40% |
| JSW Steel Ltd. | 1.75% | 1.23% |
| Bharat Electronics Ltd. | 1.18% | 1.40% |
| Divi's Laboratories Ltd. | 1.34% | 1.16% |
| Mahindra & Mahindra Ltd. | 1.14% | 2.68% |
| Kotak Mahindra Bank Ltd. | 1.04% | 2.52% |
| Multi Commodity Exchange Of India Ltd. | 1.04% | 1.03% |
| CG Power and Industrial Solutions Ltd. | 1.01% | 1.05% |
| UNO Minda Ltd. | 1.45% | 1.00% |
| Infosys Ltd. | 1.00% | 2.69% |
| Solar Industries India Ltd. | 0.98% | 2.45% |
| Navin Fluorine International Ltd. | 1.29% | 0.97% |
| Tata Consumer Products Ltd. | 0.97% | 2.57% |
| TVS Motor Company Ltd. | 2.47% | 0.96% |
| Hindalco Industries Ltd. | 1.00% | 0.92% |
| Torrent Pharmaceuticals Ltd. | 0.83% | 3.27% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.77% | 0.79% |
| JK Cement Ltd. | 1.58% | 0.71% |
| LG Electronics India Ltd. | 0.74% | 0.59% |
| Cholamandalam Investment & Finance Company Ltd. | 0.50% | 0.60% |
| Info Edge (India) Ltd. | 1.07% | 0.47% |
| Persistent Systems Ltd. | 1.07% | 0.45% |
| GE Vernova T&D India Limited | 0.45% | 1.31% |
| NSE India Ltd. | 0.35% | 1.70% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.7% means 51.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in PGIM India Flexi cap fund
| Security | % of fund |
|---|---|
| Tech Mahindra Ltd. | 1.72% |
| VARUN BEVERAGES LIMITED | 1.47% |
| AU Small Finance Bank Ltd. | 1.41% |
| Power Grid Corporation of India Ltd. | 1.37% |
| Mankind Pharma Ltd. | 1.30% |
Largest holdings only in Union Largecap Fund
| Security | % of fund |
|---|---|
| NTPC Ltd. | 2.37% |
| Shriram Finance Ltd. | 1.69% |
| Hitachi Energy India Ltd. | 1.43% |
| Mphasis Ltd. | 1.32% |
| Max Financial Services Ltd. | 1.30% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Flexi cap fund | Union Largecap |
|---|---|---|
| Equity | 96.8% | 99.0% |
| Debt | 0.1% | 0.1% |
| Cash and others | 3.1% | 0.9% |
Market cap of stocks
| Market cap | PGIM India Flexi cap fund | Union Largecap |
|---|---|---|
| Large Cap | 55.2% | 83.0% |
| Mid Cap | 21.3% | 10.7% |
| Small Cap | 17.5% | 3.6% |
| Not on AMFI's list | 2.7% | 1.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | PGIM India Flexi cap fund | Union Largecap |
|---|---|---|
| Banks | 19.1% | 26.3% |
| Pharmaceuticals & Biotechnology | 6.2% | 5.2% |
| Automobiles | 5.5% | 4.9% |
| Petroleum Products | 2.0% | 5.3% |
| Retailing | 5.2% | 4.6% |
| Finance | 4.2% | 4.8% |
| IT - Software | 4.6% | 4.5% |
| Consumer Durables | 4.3% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Flexi cap fund vs Union Largecap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Flexi cap fund | Union Largecap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.85% | 1.68% |
| Base expense ratio (Direct) | 0.51% | 1.34% |
| Total expense ratio (Regular) | 2.11% | 2.58% |
| Base expense ratio (Regular) | 1.58% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare PGIM India Flexi cap fund with
PGIM India Flexi cap fund vs Union Largecap Fund: Frequently Asked Questions
What is the difference between PGIM India Flexi cap fund and Union Largecap Fund?
PGIM India Flexi cap fund is a Flexi Cap fund, Union Largecap Fund is a Large Cap fund, run by PGIM India Mutual Fund and Union Mutual Fund. Their portfolios overlap 51.7%. PGIM India Flexi cap fund charges 0.85% a year and Union Largecap Fund 1.68%.
Which has given higher returns, PGIM India Flexi cap fund or Union Largecap Fund?
Over 1 year: PGIM India Flexi cap fund −4.62%, Union Largecap Fund −8.09%. Over 3 years: PGIM India Flexi cap fund +10.59% a year, Union Largecap Fund +7.81% a year. Over 5 years: PGIM India Flexi cap fund +7.34% a year, Union Largecap Fund +6.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, PGIM India Flexi cap fund or Union Largecap Fund?
PGIM India Flexi cap fund charges less: 0.85% a year against 1.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Flexi cap fund and Union Largecap Fund overlap?
51.7%. They hold 34 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, PGIM India Flexi cap fund or Union Largecap Fund?
On SEBI's riskometer, PGIM India Flexi cap fund is rated Very High and Union Largecap Fund Very High. Over 3 years, the standard deviation of daily returns was 13.48% and 13.72% a year.
Which is better for SIP, PGIM India Flexi cap fund or Union Largecap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,42,625 in PGIM India Flexi cap fund (XIRR 7.7% a year) and ₹7,02,268 in Union Largecap Fund (XIRR 5.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both PGIM India Flexi cap fund and Union Largecap Fund?
Yes. 51.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages PGIM India Flexi cap fund and Union Largecap Fund?
PGIM India Flexi cap fund: Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal. Union Largecap Fund: Pratik Dharmshi, Sanjay Bembalkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.