PGIM India Large and Midcap Fund vs PGIM India Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Large and Midcap Fund is a Large & Mid Cap fund and PGIM India Multi Asset Allocation Fund is a Multi Asset fund. PGIM India Large and Midcap Fund charges 0.90% a year and PGIM India Multi Asset Allocation Fund 0.85% (Direct plans). Their portfolios overlap 44.5%: they hold 54 of the same securities.
PGIM India Large and Midcap Fund
Large & Mid Cap
- Expense ratio
- 0.90%
- NAV
- ₹12.52
PGIM India Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.85%
- NAV
- ₹10.12
Which is better, PGIM India Large and Midcap or PGIM India Multi Asset Allocation? 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 Multi Asset Allocation costs less: 0.85% a year against 0.90% (Direct plans).
- PGIM India Multi Asset Allocation fell less in its worst fall since 03-12-2025: −12.1% against −13.8%.
- PGIM India Large and Midcap holds more in large companies: 51.2% of the fund in large caps against 39.7%.
- PGIM India Large and Midcap is the larger fund: ₹777 Cr against ₹324 Cr.
- Their portfolios overlap 44.5%: 54 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 Large and Midcap Fund | PGIM India Multi Asset Allocation Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | PGIM India Mutual Fund |
| Category | Large & Mid Cap | Multi Asset |
| AUM | ₹777 Cr (30-09-2026) | ₹324 Cr (30-09-2026) |
| NAV | ₹12.52 (Direct) | ₹10.12 (Direct) |
| Expense ratio (Direct) | 0.90% | 0.85% |
| Expense ratio (Regular) | 2.54% | 2.56% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | 60% Nifty 500 TRI + 20% Crisil Short Term Bond Index + 10% Domestic prices of Gold + 10% Domestic prices of Silver |
| Launch date | 12-02-2024 | 28-11-2025 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vinay Paharia, Anandha Padmanabhan Anjeneyan, Utsav Mehta, Puneet Pal | Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal |
| Exit load | Exit load of 0.5%, if redeemed within 90 days. | Exit load of 0.50%, if redeemed within 90 days |
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: 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 Large and Midcap Fund (Direct) | −1.34% | −5.22% | +0.56% | −4.94% | -- | -- | -- |
| PGIM India Multi Asset Allocation Fund (Direct) | −2.32% | −4.26% | −2.03% | -- | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | -- | -- | -- | -- |
Category average: the average of the 36 Large & Mid Cap funds and the 37 Multi Asset funds, same plan type.
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: Year-wise Returns
| Year | Large and MidcapPGIM India Large and Midcap | Multi Asset AllocationPGIM India Multi Asset Allocation |
|---|---|---|
| 2026to date | −3.25% | −1.17% |
| 2025 | +6.24% | -- |
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of PGIM India Large and Midcap Fund
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Large and Midcap Fund (Direct) | PGIM India Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.11% | +1.44% |
| Standard deviation | 13.89% | 13.01% |
| Sharpe ratio | 0.16 | -0.29 |
| Sortino ratio | 0.22 | -0.38 |
| Maximum drawdown | −15.5% (28-02-2025) | −12.1% (23-03-2026) |
| Beta | 0.89 | -- |
| Alpha | +2.98% | -- |
From daily NAVs, 16-02-2024 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 Large and Midcap Fund (Direct)
PGIM India Multi Asset Allocation Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Large and Midcap Fund (Direct) | −13.8% | 07-01-2026 | 30-03-2026 | 20-07-2026 | 4 months | −7.6% |
| PGIM India Multi Asset Allocation Fund (Direct) | −12.1% | 29-01-2026 | 23-03-2026 | 25-08-2026 | 5 months | −7.4% |
| NIFTY LargeMidcap 250 TRI | −14.3% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −8.6% |
From daily values since 03-12-2025, the first day every fund has.
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Large and Midcap Fund, September 2026; PGIM India Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 44.5%
- Held by both
- 54
- Only in PGIM India Large and Midcap
- 23
- Only in PGIM India Multi Asset Allocation
- 36
| Security | % of PGIM India Large and Midcap | % of PGIM India Multi Asset Allocation |
|---|---|---|
| HDFC Bank Ltd. | 4.50% | 3.85% |
| ICICI Bank Ltd. | 5.61% | 2.76% |
| State Bank of India | 2.27% | 2.24% |
| Reliance Industries Ltd. | 3.43% | 1.80% |
| Larsen & Toubro Ltd. | 2.91% | 1.74% |
| Solar Industries India Ltd. | 1.99% | 1.63% |
| Bajaj Finance Ltd. | 2.16% | 1.50% |
| AU Small Finance Bank Ltd. | 1.34% | 1.40% |
| Eternal Ltd. | 2.38% | 1.28% |
| Infosys Ltd. | 1.26% | 1.57% |
| Bharat Electronics Ltd. | 1.28% | 1.15% |
| TVS Motor Company Ltd. | 1.09% | 1.13% |
| Bharti Airtel Ltd. | 2.57% | 1.08% |
| FSN E-Commerce Ventures Ltd. | 1.05% | 1.30% |
| One 97 Communications Ltd. | 1.62% | 0.96% |
| Divi's Laboratories Ltd. | 1.67% | 0.93% |
| Nestle India Ltd. | 0.94% | 0.89% |
| Torrent Pharmaceuticals Ltd. | 0.85% | 0.94% |
| Mankind Pharma Ltd. | 1.58% | 0.84% |
| Tech Mahindra Ltd. | 0.80% | 1.07% |
| Titan Company Ltd. | 0.74% | 3.00% |
| Torrent Power Ltd. | 0.73% | 0.83% |
| Max Healthcare Institute Ltd. | 0.67% | 1.06% |
| Bharti Hexacom Ltd. | 1.49% | 0.66% |
| SRF Ltd. | 0.88% | 0.63% |
| Blue Star Ltd. | 0.95% | 0.58% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.82% | 0.57% |
| Horizon Industrial Parks Ltd. | 0.62% | 0.55% |
| Rubicon Research Ltd. | 0.55% | 0.60% |
| NSE India Ltd. | 0.51% | 0.75% |
| ICICI Lombard General Insurance Co. Ltd. | 1.47% | 0.49% |
| VARUN BEVERAGES LIMITED | 1.22% | 0.49% |
| Dixon Technologies (India) Ltd. | 1.30% | 0.48% |
| JK Cement Ltd. | 1.66% | 0.46% |
| Cholamandalam Investment & Finance Company Ltd. | 0.73% | 0.45% |
| UNO Minda Ltd. | 1.50% | 0.44% |
| 360 One Wam Ltd. | 0.67% | 0.44% |
| Info Edge (India) Ltd. | 1.46% | 0.43% |
| Muthoot Finance Ltd. | 0.95% | 0.43% |
| Multi Commodity Exchange Of India Ltd. | 1.67% | 0.42% |
| Coromandel International Ltd. | 1.23% | 0.42% |
| Anthem Biosciences Ltd. | 1.27% | 0.41% |
| Shriram Finance Ltd. | 0.97% | 0.41% |
| Schaeffler India Ltd. | 0.39% | 0.51% |
| Ajanta Pharma Ltd. | 1.40% | 0.38% |
| Power Finance Corporation Ltd. | 0.61% | 0.38% |
| SBI Life Insurance Company Ltd. | 0.68% | 0.37% |
| Tata Consultancy Services Ltd. | 2.02% | 0.35% |
| Global Health Ltd. | 1.04% | 0.35% |
| Mahindra & Mahindra Ltd. | 1.22% | 0.33% |
| LG Electronics India Ltd. | 1.11% | 0.29% |
| Bharat Petroleum Corporation Ltd. | 0.86% | 0.27% |
| Jubilant Foodworks Ltd. | 1.14% | 0.22% |
| Endurance Technologies Ltd. | 1.06% | 0.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.5% means 44.5% 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 Large and Midcap Fund
| Security | % of fund |
|---|---|
| JSW Infrastructure Ltd. | 2.10% |
| InterGlobe Aviation Ltd. | 1.26% |
| Supreme Industries Ltd. | 1.23% |
| Hero MotoCorp Ltd. | 1.12% |
| Container Corporation Of India Ltd. | 1.10% |
Largest holdings only in PGIM India Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| 6.01% Government of India | 6.01% |
| SBI Mutual Fund | 4.61% |
| HDFC Mutual Fund | 4.61% |
| ICICI Prudential Mutual Fund | 4.61% |
| Kotak Mahindra Bank Ltd. | 3.79% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Large and Midcap | PGIM India Multi Asset Allocation |
|---|---|---|
| Equity | 97.6% | 65.2% |
| Debt | 0.2% | 10.3% |
| Cash and others | 2.2% | 24.5% |
Market cap of stocks
| Market cap | PGIM India Large and Midcap | PGIM India Multi Asset Allocation |
|---|---|---|
| Large Cap | 51.2% | 39.7% |
| Mid Cap | 39.4% | 20.3% |
| Small Cap | 3.5% | 3.9% |
| Not on AMFI's list | 3.5% | 1.3% |
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 Large and Midcap | PGIM India Multi Asset Allocation |
|---|---|---|
| Banks | 13.7% | 14.0% |
| Pharmaceuticals & Biotechnology | 8.0% | 4.7% |
| Finance | 6.5% | 3.2% |
| Retailing | 5.9% | 3.8% |
| Auto Components | 5.2% | 3.5% |
| IT - Software | 4.8% | 3.2% |
| Consumer Durables | 4.1% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Large and Midcap vs PGIM India Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Large and Midcap Fund | PGIM India Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 0.85% |
| Base expense ratio (Direct) | 0.64% | 0.54% |
| Total expense ratio (Regular) | 2.54% | 2.56% |
| Base expense ratio (Regular) | 2.03% | 1.99% |
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 Large and Midcap with
Compare PGIM India Multi Asset Allocation with
- PGIM India Multi Asset Allocation vs Quant Multi Asset Allocation
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- PGIM India Multi Asset Allocation vs DSP Multi Asset Allocation
- PGIM India Multi Asset Allocation vs Kotak Multi Asset Allocation
- PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation
PGIM India Large and Midcap Fund vs PGIM India Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between PGIM India Large and Midcap Fund and PGIM India Multi Asset Allocation Fund?
PGIM India Large and Midcap Fund is a Large & Mid Cap fund, PGIM India Multi Asset Allocation Fund is a Multi Asset fund, run by PGIM India Mutual Fund. Their portfolios overlap 44.5%. PGIM India Large and Midcap Fund charges 0.90% a year and PGIM India Multi Asset Allocation Fund 0.85%.
Which has the lower expense ratio, PGIM India Large and Midcap Fund or PGIM India Multi Asset Allocation Fund?
PGIM India Multi Asset Allocation Fund charges less: 0.85% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Large and Midcap Fund and PGIM India Multi Asset Allocation Fund overlap?
44.5%. They hold 54 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, PGIM India Large and Midcap Fund or PGIM India Multi Asset Allocation Fund?
On SEBI's riskometer, PGIM India Large and Midcap Fund is rated Very High and PGIM India Multi Asset Allocation Fund Very High. Over their common history, the standard deviation of daily returns was 13.89% and 13.01% a year.
Can I invest in both PGIM India Large and Midcap Fund and PGIM India Multi Asset Allocation Fund?
Yes. 44.5% 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 Large and Midcap Fund and PGIM India Multi Asset Allocation Fund?
PGIM India Large and Midcap Fund: Vinay Paharia, Anandha Padmanabhan Anjeneyan, Utsav Mehta, Puneet Pal. PGIM India Multi Asset Allocation Fund: Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal.
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.