PGIM India Flexi Cap Fund
Direct · GrowthAI Summary
PGIM India Flexi Cap Fund has delivered consistent outperformance versus the NIFTY 50 across all measured periods, with alphas ranging from 1.86% (5Y) to 7.57% (7Y). Its SIP XIRR of 16.83% over 3Y, 18.31% over 5Y, and 16.25% over 10Y beats the category average SIP XIRR of 14.89%, 15.64%, and 16.09% respectively. The fund's 10Y lump-sum CAGR of 15.08% also comfortably exceeds the benchmark's 10.79%.
The fund exhibits a defensive risk profile, with downside capture consistently below 91% across all periods (as low as 84.11% over 7Y) while beta stays below 1.0, indicating it falls less than the benchmark in corrections. It recorded 8 drawdown events greater than 10%, with a maximum drawdown duration of 40 days and recovery in 120 days. Calmar ratios between 0.42 and 0.49 across horizons reflect reasonable risk-adjusted returns for an equity fund.
Portfolio composition data such as top holdings and sector allocation was not provided in this dataset, so specific concentration and diversification details cannot be assessed. As a Flexi Cap Fund, it has the mandate to invest across large, mid, and small caps, giving the manager flexibility across market capitalizations. Investors should review the latest fund factsheet for current holding-level details.
The fund outperforms the category average SIP XIRR across every available horizon, with the widest gap over 3Y (16.83% vs 14.89%) and 5Y (18.31% vs 15.64%). Calendar year returns show strong consistency, with positive years in 9 of the last 12 and standout gains of 45.6% in 2021 and 38.64% in 2020. Losses in down years were moderate, such as -6.35% in 2022 and -5.36% in 2018, supporting its consistency narrative.
This fund suits investors seeking a core equity holding with above-benchmark returns and a defensive downside profile, supported by a competitive 0.49% expense ratio. A minimum horizon of 5-7 years is appropriate given equity market volatility and the fund's long-term outperformance record. Investors should have moderate-to-high risk tolerance, as the fund can still decline meaningfully in broad market corrections despite its favorable downside capture.
- Consistent alpha over NIFTY 50 across all periods from 1Y to 15Y, including 7.57% alpha over 7Y
- SIP XIRR beats the category average at every horizon, e.g., 18.31% vs 15.64% over 5Y
- Low downside capture (84-91%) with beta below 1.0, cushioning losses during market declines
- Eight drawdown events exceeding 10% show the fund is not immune to significant interim losses
- Upside capture below 100% (91.77-99.74%) means the fund may lag the benchmark in strong rallies
- Recent calendar year returns have moderated, with only 2.45% in 2026 and 5.43% in 2025
Generated on 06-09-2026, 7:52 PM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.69 L | 17.4% | -53.5% | 108.1% |
| 3 Years | ₹36.00 L | ₹44.23 L | 16.8% | -19.5% | 49.0% |
| 5 Years | ₹60.00 L | ₹97.37 L | 18.3% | -7.3% | 31.3% |
| 7 Years | ₹84.00 L | ₹1.60 Cr | 18.4% | 12.1% | 23.2% |
| 10 Years | ₹1.20 Cr | ₹2.82 Cr | 16.2% | 13.4% | 17.9% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 17.4% | 14.4% | 15.6% | +3.0% |
| 3 Years | 16.8% | 11.1% | 14.9% | +5.7% |
| 5 Years | 18.3% | 10.4% | 15.6% | +7.9% |
| 7 Years | 18.4% | 10.6% | 15.6% | +7.8% |
| 10 Years | 16.2% | 11.5% | 16.1% | +4.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.7% | 11.3% | -27.9% | 124.5% | 0.47 | 1.81 | 80% | — | — |
| 3 Years | 16.5% | 14.3% | -5.2% | 40.4% | 1.25 | 8.61 | 99% | — | — |
| 5 Years | 17.9% | 19.0% | 0.1% | 30.9% | 2.16 | 21.75 | 100% | — | — |
| 10 Years | 15.5% | 15.5% | 13.7% | 17.4% | 14.66 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +6.50 | 0.98 | 99.7% | 90.6% | 3.8% | -2.9% |
| 3 Years | +4.73 | 0.94 | 97.5% | 91.3% | 12.4% | 7.8% |
| 5 Years | +1.86 | 0.92 | 91.8% | 88.8% | 9.6% | 7.8% |
| 7 Years | +7.57 | 0.89 | 92.2% | 84.1% | 18.8% | 11.8% |
| 10 Years | +4.69 | 0.91 | 92.8% | 87.0% | 15.1% | 10.8% |
| 12 Years | +4.57 | 0.91 | 93.1% | 87.2% | 13.2% | 8.9% |
| 15 Years | +3.47 | 0.91 | 93.1% | 87.2% | 10.4% | 7.0% |