PGIM India Midcap Fund

Mid CapDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

PGIM India Midcap Fund is a Mid Cap fund run by PGIM India Mutual Fund. On 30-09-2026, it managed ₹10,537 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.9% a year and its Regular plan returned 9.5% a year. Its benchmark, Nifty Midcap 150 TRI, returned 13.8% a year over the same 3 years.

NAV (Direct plan): ₹72.91; ▼ 0.64%30-10-2026
NAV (Regular plan): ₹61.99; ▼ 0.64%30-10-2026
Expense ratio: 0.72%Direct1.92%Regular; 0.72%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.9%Direct9.5%Regular; 10.9%; A year

PGIM India Midcap Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹72.91 (down 0.64% that day); Regular Plan Growth ₹61.99 (down 0.64% that day).

This fund (Direct plan)

₹72.91

PGIM India Midcap Fund Returns vs Nifty Midcap 150 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−2.49%	−5.26%	−0.03%	−4.98%	+10.86%	+9.04%	+15.44%
This fund (Regular)	−2.58%	−5.53%	−0.61%	−6.10%	+9.50%	+7.58%	+13.75%
Nifty Midcap 150 TRI	−3.69%	−8.46%	−3.95%	−4.37%	+13.82%	+13.84%	+15.65%
Mid Cap average	−3.36%	−6.03%	−0.14%	−2.17%	+14.75%	+12.95%	+14.07%
Best in Mid Cap	−0.88%	−2.09%	+6.81%	+9.56%	+21.77%	+17.38%	+18.35%
Worst in Mid Cap	−5.08%	−10.11%	−5.44%	−14.14%	+8.47%	+9.04%	+7.45%
Rank in Mid Cap	7/34	12/33	13/33	27/31	23/29	22/22	8/17

Category rows compare the Direct plans of 34 Mid Cap funds. Rank 1 is the highest return.

PGIM India Midcap Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty Midcap 150 TRI
2026to date	−2.03%	−2.99%	−4.97%
2025	+1.27%	+0.02%	+5.98%
2024	+22.48%	+20.96%	+24.46%
2023	+22.47%	+20.84%	+44.61%
2022	−0.10%	−1.66%	+3.91%
2021	+66.92%	+63.78%	+48.16%

PGIM India Midcap Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,443 periods, one for each trading day from 05-12-2016 to 30-10-2026.

−10%0%10%20%30%40%50%

Sept 2014
to
Sept 2017May 2016
to
May 2019Jan 2018
to
Jan 2021Oct 2019
to
Oct 2022Jun 2021
to
Jun 2024Jan 2023
to
Jan 2026

PGIM India Midcap Fund (Direct)Nifty Midcap 150 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	2,933	11.6%	−26.0%	142.2%	19%	12.9%	42%
2 years	2,687	15.1%	−15.2%	81.8%	11%	18.8%	41%
3 years	2,443	15.2%	−8.0%	49.5%	3%	22.1%	46%
5 years	1,949	19.7%	−2.0%	36.8%	1%	19.3%	71%
7 years	1,453	19.1%	15.0%	24.9%	0%	19.6%	87%
10 years	715	17.3%	14.5%	19.9%	0%	18.0%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	143	13.3%	−34.0%	118.7%	21%	14.1%	43%
2 years	131	13.7%	−20.4%	79.1%	15%	14.2%	43%
3 years	119	15.4%	−15.1%	57.3%	6%	21.7%	45%
5 years	95	22.5%	−6.1%	34.2%	4%	22.0%	48%
7 years	71	22.8%	14.6%	27.5%	0%	23.2%	28%
10 years	35	20.0%	16.3%	22.5%	0%	--	--

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Midcap 150 TRI over the same days. Past returns do not promise future returns.

PGIM India Midcap Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	PGIM India Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	−4.98%	−4.37%
Standard deviation	15.73%	16.59%
Sharpe ratio	-0.65	-0.58
Sortino ratio	-0.88	-0.78
Maximum drawdown	−15.1% (23-03-2026)	−13.9% (30-03-2026)
Beta	0.93	1.00
Alpha	−1.29%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	PGIM India Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+10.86%	+13.82%
Standard deviation	15.16%	17.08%
Sharpe ratio	0.32	0.46
Sortino ratio	0.44	0.61
Maximum drawdown	−19.1% (28-02-2025)	−20.9% (28-02-2025)
Beta	0.85	1.00
Alpha	−1.79%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	PGIM India Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+9.04%	+13.84%
Standard deviation	15.01%	16.72%
Sharpe ratio	0.22	0.48
Sortino ratio	0.29	0.64
Maximum drawdown	−19.5% (20-06-2022)	−20.9% (28-02-2025)
Beta	0.86	1.00
Alpha	−3.68%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	PGIM India Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+15.44%	+15.65%
Standard deviation	16.50%	17.54%
Sharpe ratio	0.61	0.58
Sortino ratio	0.82	0.77
Maximum drawdown	−36.4% (23-03-2020)	−43.1% (23-03-2020)
Beta	0.90	1.00
Alpha	+0.81%	0.00%

From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	PGIM India Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+16.64%	+17.35%
Standard deviation	16.43%	17.31%
Sharpe ratio	0.65	0.69
Sortino ratio	0.88	0.91
Maximum drawdown	−36.4% (23-03-2020)	−43.1% (23-03-2020)

From daily NAVs, 05-12-2013 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.

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.

−50%−40%−30%−20%−10%0%

2014201620182020202220242026

PGIM India Midcap Fund (Direct)Nifty Midcap 150 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
PGIM India Midcap Fund (Direct)	−36.4%	15-01-2018	23-03-2020	06-08-2020	4 months	−7.9%
Nifty Midcap 150 TRI	−43.1%	08-01-2018	23-03-2020	23-11-2020	8 months	−10.5%

From the Direct plan's daily NAV since 05-12-2013, adjusted for unit splits, and Nifty Midcap 150 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

PGIM India Midcap Fund vs Other Mid Cap Funds

The five Mid Cap funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Mid cap Fund	1/29	15,749	0.77%	−0.48%	+21.77%	+8.73%	0.93	0.92	1.29	Compare
HSBC Midcap Fund	2/29	16,800	1.11%	+9.56%	+21.64%	+7.52%	1.04	0.83	1.12	Compare
WhiteOak Capital Mid Cap Fund	3/29	7,540	0.93%	+3.63%	+20.42%	+7.68%	0.90	0.91	1.24	Compare
ICICI Prudential Mid Cap Fund	4/29	7,961	1.10%	+0.90%	+19.38%	+5.47%	1.01	0.75	1.01	Compare
Edelweiss Mid Cap Fund	5/29	19,230	0.68%	−1.99%	+18.99%	+5.58%	0.95	0.78	1.06	Compare
PGIM India Midcap Fund	23/29	10,537	0.72%	−4.98%	+10.86%	−1.79%	0.85	0.32	0.44

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

PGIM India Midcap Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Mid Cap median	Cost rank (1 = cheapest)
Direct	0.48%	0.05%	0.00%	0.19%	0.72%	0.95%	3/34
Regular	1.49%	0.05%	0.00%	0.38%	1.92%	2.02%	12/34

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Mid Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−6.10%	−4.98%	1.12%	₹93,900	₹95,020
3 years	9.50%	10.86%	1.36% a year	₹1,31,293	₹1,36,246
5 years	7.58%	9.04%	1.46% a year	₹1,44,098	₹1,54,145
10 years	13.75%	15.44%	1.69% a year	₹3,62,672	₹4,20,304

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

PGIM India Midcap Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 05-12-2013 to 30-10-2026: 155 instalments, ₹15,50,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planPGIM India Midcap Fund (Direct)	₹15,50,000	₹46,82,536	₹31,32,536	15.9%
Regular planPGIM India Midcap Fund (Regular)	₹15,50,000	₹41,62,082	₹26,12,082	14.3%
Category averageCategory average, 34 Mid Cap funds	₹15,50,000	₹48,68,801	₹33,18,801	16.4%

₹0₹20.0 L₹40.0 L₹60.0 L

2014201620182020202220242026

Direct planPGIM India Midcap Fund (Direct)Regular planPGIM India Midcap Fund (Regular)Category averageCategory average, 34 Mid Cap fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Midcap Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.3%Equity

Asset	Fund	Category
Equity	97.3%	95.4%
Cash and others	2.5%	4.0%
Debt	0.2%	0.6%

Market cap of stocks

Market cap	Fund	Category
Large Cap	19.7%	11.8%
Mid Cap	66.2%	66.9%
Small Cap	10.0%	15.1%
Not on AMFI's list	1.5%	1.7%

Share of the whole fund. Category: the average of the Mid Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

PGIM India Midcap Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks8.7%
Pharmaceuticals & Biotechnology8.4%
Retailing7.7%
Auto Components7.1%
Capital Markets6.1%
Finance5.5%
Electrical Equipment5.3%
Industrial Products4.7%
Consumer Durables3.4%
IT - Software3.4%

The ten largest of 33 sectors. The other 23 add up to 37.0%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	9.1%	8.9%	8.7%	−0.4%
Pharmaceuticals & Biotechnology	7.7%	7.8%	8.4%	+0.7%
Retailing	7.5%	7.9%	7.7%	+0.2%
Auto Components	7.6%	7.2%	7.1%	−0.5%
Capital Markets	5.6%	5.7%	6.1%	+0.5%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

PGIM India Midcap Fund Portfolio Holdings

As on 30-09-2026 · 103 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
The Federal Bank Ltd.	Banks	2.61%	0.0%
Mankind Pharma Ltd.	Pharmaceuticals & Biotechnology	2.46%	0.0%
Aditya Birla Capital Ltd.	Finance	2.32%	0.0%
Bharti Hexacom Ltd.	Telecom - Services	2.30%	0.0%
AU Small Finance Bank Ltd.	Banks	2.10%	0.0%
UNO Minda Ltd.	Auto Components	2.08%	0.0%
Prestige Estates Projects Ltd.	Realty	2.08%	0.0%
Eternal Ltd.	Retailing	1.88%	0.0%
FSN E-Commerce Ventures Ltd.	Retailing	1.82%	0.0%
Max Financial Services Ltd.	Insurance	1.75%	0.0%
JK Cement Ltd.	Cement & Cement Products	1.74%	0.0%
TVS Motor Company Ltd.	Automobiles	1.73%	0.0%
Solar Industries India Ltd.	Chemicals & Petrochemicals	1.71%	0.0%
Multi Commodity Exchange Of India Ltd.	Capital Markets	1.71%	0.0%
Vishal Mega Mart Ltd	Retailing	1.61%	0.0%
One 97 Communications Ltd.	Financial Technology (Fintech)	1.60%	0.0%
JSW Infrastructure Ltd.	Transport Infrastructure	1.51%	+18.6%
BSE Ltd.	Capital Markets	1.49%	0.0%
SRF Ltd.	Chemicals & Petrochemicals	1.45%	0.0%
Max Healthcare Institute Ltd.	Healthcare Services	1.43%	0.0%
Lenskart Solutions Ltd.	Retailing	1.31%	0.0%
InterGlobe Aviation Ltd.	Transport Services	1.30%	+254.6%
Persistent Systems Ltd.	IT - Software	1.29%	0.0%
Nippon Life India Asset Management Ltd.	Capital Markets	1.29%	0.0%
Coromandel International Ltd.	Fertilizers & Agrochemicals	1.28%	0.0%
Ajanta Pharma Ltd.	Pharmaceuticals & Biotechnology	1.24%	0.0%
Karur Vysya Bank Ltd.	Banks	1.21%	0.0%
CG Power and Industrial Solutions Ltd.	Electrical Equipment	1.21%	0.0%
JSW Steel Ltd.	Ferrous Metals	1.18%	0.0%
Sai Life Sciences Ltd	Pharmaceuticals & Biotechnology	1.16%	0.0%
Dixon Technologies (India) Ltd.	Consumer Durables	1.16%	0.0%
LG Electronics India Ltd.	Consumer Durables	1.15%	+14.8%
Bharat Forge Ltd.	Auto Components	1.12%	0.0%
Blue Star Ltd.	Consumer Durables	1.10%	0.0%
GE Vernova T&D India Limited	Electrical Equipment	1.09%	0.0%
Radico Khaitan Ltd.	Beverages	1.09%	0.0%
ICICI Lombard General Insurance Co. Ltd.	Insurance	1.08%	0.0%
Astral Ltd.	Industrial Products	1.06%	0.0%
Bajaj Finance Ltd.	Finance	1.05%	0.0%
Info Edge (India) Ltd.	Retailing	1.05%	+12.4%
Container Corporation Of India Ltd.	Transport Services	1.04%	0.0%
Torrent Power Ltd.	Power	1.00%	0.0%
Timken India Ltd.	Industrial Products	0.99%	0.0%
Infosys Ltd.	IT - Software	0.97%	0.0%
IPCA Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.97%	0.0%
Indian Bank	Banks	0.88%	0.0%
Abbott India Ltd.	Pharmaceuticals & Biotechnology	0.85%	0.0%
APL Apollo Tubes Ltd.	Industrial Products	0.84%	0.0%
Sona BLW Precision Forgings Ltd.	Auto Components	0.83%	0.0%
Marico Ltd.	Agricultural Food & other Products	0.80%	0.0%
ICICI Prudential Asset Mgmt Co Ltd.	Capital Markets	0.79%	0.0%
Muthoot Finance Ltd.	Finance	0.79%	0.0%
KEI Industries Ltd.	Industrial Products	0.79%	0.0%
Bank of Maharashtra	Banks	0.78%	0.0%
Exide Industries Ltd.	Auto Components	0.77%	0.0%
Manipal Health Enterprises Ltd.	Healthcare Services	0.77%	0.0%
Tube Investments Of India Ltd.	Auto Components	0.76%	0.0%
Anthem Biosciences Ltd.	Pharmaceuticals & Biotechnology	0.75%	0.0%
PGIM India Liquid Fund		0.75%
ITC Hotels Ltd.	Leisure Services	0.73%	0.0%
Ashok Leyland Ltd.	Agricultural, Commercial & Construction Vehicles	0.71%	0.0%
Fortis Healthcare Ltd.	Healthcare Services	0.68%	0.0%
The Phoenix Mills Ltd.	Realty	0.68%	0.0%
360 One Wam Ltd.	Capital Markets	0.67%	+28.2%
Schaeffler India Ltd.	Auto Components	0.67%	0.0%
Mphasis Ltd.	IT - Software	0.66%	0.0%
Acme Solar Holdings Ltd.	Power	0.66%	0.0%
Apar Industries Ltd.	Electrical Equipment	0.65%	0.0%
Hitachi Energy India Ltd.	Electrical Equipment	0.62%	0.0%
VARUN BEVERAGES LIMITED	Beverages	0.60%	0.0%
Force Motors Ltd.	Automobiles	0.60%	0.0%
City Union Bank Ltd.	Banks	0.60%	0.0%
Triveni Turbine Ltd.	Electrical Equipment	0.58%	0.0%
Shyam Metalics And Energy Ltd.	Industrial Products	0.58%	0.0%
Acutaas Chemicals Ltd.	Pharmaceuticals & Biotechnology	0.56%	0.0%
Bharat Electronics Ltd.	Aerospace & Defense	0.56%	0.0%
State Bank of India	Banks	0.55%	0.0%
Horizon Industrial Parks Ltd.	Realty	0.55%	0.0%
Bharat Heavy Electricals Ltd.	Electrical Equipment	0.53%	0.0%
Endurance Technologies Ltd.	Auto Components	0.50%	0.0%
Shriram Finance Ltd.	Finance	0.49%	0.0%
Sundaram Finance Ltd.	Finance	0.48%	0.0%
Jindal Steel Ltd.	Ferrous Metals	0.48%	0.0%
Tech Mahindra Ltd.	IT - Software	0.46%	0.0%
Affle 3i Ltd.	IT - Services	0.45%	0.0%
Premier Energies Ltd.	Electrical Equipment	0.45%	0.0%
Oil India Ltd.	Oil	0.45%	0.0%
Lupin Ltd.	Pharmaceuticals & Biotechnology	0.45%	0.0%
TBO Tek Ltd.	Leisure Services	0.43%	0.0%
Jubilant Foodworks Ltd.	Leisure Services	0.43%	0.0%
Bharat Petroleum Corporation Ltd.	Petroleum Products	0.41%	0.0%
Bosch Ltd.	Auto Components	0.41%	0.0%
Supreme Industries Ltd.	Industrial Products	0.39%	0.0%
Hindustan Petroleum Corporation Ltd.	Petroleum Products	0.37%	0.0%
National Aluminium Company Ltd.	Non - Ferrous Metals	0.36%	0.0%
REC Ltd.	Finance	0.34%	0.0%
Sumitomo Chemical India Ltd.	Fertilizers & Agrochemicals	0.32%	0.0%
MRS Bectors Food Specialities Ltd.	Food Products	0.28%	0.0%
Thermax Ltd.	Electrical Equipment	0.21%	0.0%
Dr Agarwal's Health Care Ltd.	Healthcare Services	0.20%	0.0%
NSE India Ltd.	Capital Markets	0.19%	New
364 DAYS TBILL RED 29-10-2026 · Treasury bill	SOVEREIGN	0.16%
Bharat Rasayan Ltd.	Fertilizers & Agrochemicals	0.16%	−14.5%

PGIM India Midcap Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

JSW Infrastructure Ltd.	Added	+18.6%	1.51%
InterGlobe Aviation Ltd.	Added	+254.6%	1.30%
LG Electronics India Ltd.	Added	+14.8%	1.15%
Info Edge (India) Ltd.	Added	+12.4%	1.05%
Cummins India Ltd.	Sold out	−100%	was 0.88%
360 One Wam Ltd.	Added	+28.2%	0.67%
Trent Ltd.	Sold out	−100%	was 0.42%
Bharat Rasayan Ltd.	Reduced	−14.5%	0.16%
Coforge Ltd.	Sold out	−100%	was 0.21%
NSE India Ltd.	New	New	0.19%
Bikaji Foods International Ltd.	Sold out	−100%	was 0.11%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What PGIM India Midcap Fund bought and sold

PGIM India Midcap Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Edelweiss Mid Cap FundMid Cap · Edelweiss	48.3%	59	Compare
PGIM India Large and Midcap FundLarge & Mid Cap · PGIM India	46.7%	51	Compare
Union Midcap FundMid Cap · Union	46.3%	47	Compare
Axis Midcap FundMid Cap · Axis	44.4%	48	Compare
Nippon India Growth Mid Cap FundMid Cap · Nippon India	43.5%	49	Compare
Bandhan Nifty Midcap 150 Index FundIndex · Bandhan	43.2%	63	Compare
Kotak Nifty Midcap 150 Index FundIndex · Kotak Mahindra	42.5%	62	Compare
Tata NIFTY Midcap 150 Index FundIndex · Tata	42.3%	62	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

PGIM India Midcap Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.72%
Expense ratio (Regular): 1.92%
Category: Mid Cap
Risk: Very High
Benchmark: Nifty Midcap 150 TRI
Launch date: 02-12-2013
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹10,537.31 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 125307
ISIN (Direct): INF663L01DV3
Scheme code (Regular): 125305
ISIN (Regular): INF663L01DZ4
NAV history: From 05-12-2013, 12.9 years

Exit load: Exit load of 0.5%, if redeemed within 90 days.

Tax on PGIM India Midcap Fund returns

PGIM India Midcap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹72.91	30-10-2026
direct	IDCW	₹60.43	30-10-2026
regular	Growth	₹61.99	30-10-2026
regular	IDCW	₹22.19	30-10-2026

About PGIM India Midcap Fund

PGIM India Midcap Fund is a mutual fund from PGIM India Mutual Fund. Its category is Mid Cap. It was launched on 02-12-2013. Its benchmark is Nifty Midcap 150 TRI. At the end of September 2026 it held 103 securities.

Fund Manager

Vivek Sharma
Fund manager of PGIM India Midcap Fund, since 15-04-2024
Utsav Mehta
Fund manager of PGIM India Midcap Fund, since 01-11-2023
Vinay Paharia
Fund manager of PGIM India Midcap Fund, since 01-04-2023
and Mr. Puneet Pal
Fund manager of PGIM India Midcap Fund, since 16-07-2022

See all funds of PGIM India Mutual Fund

AUM change

September 2026: ₹10,537.31 Cr; −6.07% from August 2026
August 2026: ₹11,217.67 Cr; +1.33% from July 2026
July 2026: ₹11,070.78 Cr; +0.81% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare PGIM India Midcap Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

PGIM India Midcap vs Invesco India Mid capMid Cap
PGIM India Midcap vs HSBC MidcapMid Cap
PGIM India Midcap vs WhiteOak Capital Mid CapMid Cap
PGIM India Midcap vs ICICI Prudential Mid CapMid Cap
PGIM India Midcap vs Edelweiss Mid Cap48.3% overlap
PGIM India Midcap vs PGIM India Large and Midcap46.7% overlap
PGIM India Midcap vs Union Midcap46.3% overlap
PGIM India Midcap vs Axis Midcap44.4% overlap

Compare with any other fund

Frequently Asked Questions for PGIM India Midcap Fund

What is the current NAV of PGIM India Midcap Fund?

The Direct plan NAV is ₹72.91. The Regular plan NAV is ₹61.99, as on 30-10-2026.

What are the returns of PGIM India Midcap Fund?

The Direct plan returned −4.98% in 1 year, +10.86% a year over 3 years, +9.04% a year over 5 years. The Regular plan returned −6.10% in 1 year, +9.50% a year over 3 years, +7.58% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of PGIM India Midcap Fund?

The Direct plan charges 0.72% a year. The Regular plan charges 1.92% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of PGIM India Midcap Fund?

PGIM India Midcap Fund managed ₹10,537.31 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of PGIM India Midcap Fund?

At the end of September 2026 the largest holdings were FEDERALBNK (2.61%), MANKIND (2.46%), ABCAPITAL (2.32%), BHARTIHEXA (2.30%), AUBANK (2.10%). The fund held 103 securities in all.

What did PGIM India Midcap Fund buy and sell in September 2026?

It bought 1 new stock: NSE India Ltd. It sold out of 4: Bikaji Foods International Ltd, Cummins India Ltd, Coforge Ltd, Trent Ltd. It added shares in 5. It reduced 1.

How do I invest in PGIM India Midcap Fund?

Through PGIM India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of PGIM India Midcap Fund?

Vivek Sharma (since 15-04-2024), Utsav Mehta (since 01-11-2023), Vinay Paharia (since 01-04-2023), and Mr. Puneet Pal (since 16-07-2022).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.