PGIM India Mutual Fund
PGIM India Mutual Fund is an Indian asset management company managing over Rs 30,000 crore across 25 open-ended schemes, offering equity, fixed income, and international fund-of-fund products to retail investors, currently being divested by Prudential Financial to TVS Venu Group.
- Company typePrivate
- Founded2015
- HeadquartersMumbai, India
- Headcount251–500
- GTM typeB2C
- OfferingServices
What PGIM India Mutual Fund does
PGIM India Mutual Fund operates as an Indian asset management company offering equity, fixed income, and multi-asset investment solutions to retail investors across India. The company manages over Rs 30,000 crore (approximately $3.3 billion) in assets under management across 25 open-ended mutual fund schemes, with a product shelf spanning mid-cap and flexi-cap equity funds, a Crisil IBX Gilt Index target-maturity debt fund, and a three-fund international suite (global equity opportunities, emerging markets equity, and global real estate securities fund-of-funds). Originally a Deutsche Bank joint venture that became DHFL Pramerica Asset Management, the firm was fully acquired by US-based Prudential Financial in 2015 and operates under the PGIM brand.
PGIM India Mutual Fund firmographics
Firmographics- Name
- PGIM India Mutual Fund
- Legal name
- PGIM India Asset Management Private Limited
- Website
- https://pgimindiamf.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PGIM India Mutual Fund is an Indian asset management company managing over Rs 30,000 crore across 25 open-ended schemes, offering equity, fixed income, and international fund-of-fund products to retail investors, currently being divested by Prudential Financial to TVS Venu Group.
- Ownership category
- akta.pro rank
PGIM India Mutual Fund industry classification
Industry- Product category
- Asset Management / Mutual Funds
- NAICS
- Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG)
- akta.pro secondary industry
- Fixed Income Mutual Funds (FSAAAEAB)
Keywords
Where PGIM India Mutual Fund is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
PGIM India Mutual Fund business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Asset Management Fees: PGIM India generates revenue through management fees charged on assets under management. The firm charges Total Expense Ratio (TER) on its mutual fund schemes, which is deducted from the fund's assets. The AUM-based fee structure means revenue scales with market valuations and investor inflows.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | International Fund SIP Limits - Rs 50,000 per day per investor per scheme |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
PGIM India Mutual Fund product offering
Product offeringCore offering
PGIM India Mutual Fund is an asset management company that offers open-ended mutual fund schemes across equity, fixed income, and multi-asset categories to Indian retail investors. The firm manages over Rs 30,000 crore in assets under management across 25 schemes, including mid-cap equity funds, flexi-cap funds, gilt index funds, and global/emerging markets fund-of-funds. Revenue is generated through Total Expense Ratio (TER) charges on assets managed, regulated by SEBI.
Product overview
PGIM India Mutual Fund is a full-service investment management company offering equity, fixed income, and multi-asset solutions to retail and institutional investors in India. The product portfolio includes mid-cap equity funds, global equity funds of funds (covering global equity opportunities, emerging markets, and global real estate securities), flexi cap funds, and gilt index funds. The company manages over Rs 30,000 crore in assets across 25 open-ended mutual fund schemes. The funds are distributed through multiple channels including online platforms, distribution partners, and direct investments via the company's website and mobile app.
Differentiator
Problem solved
Functional benefit
Products and services
- PGIM India Midcap Fund
Companies that use PGIM India Mutual Fund
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
PGIM India Mutual Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PGIM India Mutual Fund partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights4 records
PGIM India Mutual Fund competitors and assessment
Company assessmentDirect peers
- HDFC Asset Management: One of India's largest AMCs by AUM, offering a diversified suite of equity, debt, and hybrid mutual fund schemes via direct and distributor channels. Directly comparable to PGIM India as a competing diversified retail-focused Indian AMC.
- Kotak Mahindra Asset Management: Indian AMC offering diversified equity, debt, and hybrid mutual fund products with strong bank-led distribution via Kotak Mahindra Bank. Comparable to PGIM India in product breadth and retail-direct distribution orientation.
- ICICI Prudential Asset Management: One of India's largest AMCs and a sister concern of PGIM India given the shared Prudential Financial heritage. Offers an extensive equity, debt, and international product suite through ICICI Bank's distribution network, making it a direct competitor in nearly every scheme category.
- Axis Asset Management: Mid-to-large Indian AMC with a diversified equity and debt product suite distributed through Axis Bank's network. Comparable to PGIM India as a competing retail-focused AMC of similar mid-tier scale.
- Nippon Life India Asset Management: Large listed Indian AMC (formerly Reliance Nippon) with a broad equity, debt, and international FoF product suite serving retail and institutional investors. Closely comparable to PGIM India in product mix and target customer base.
- Aditya Birla Sun Life AMC: Large Indian AMC with a full-suite of mutual fund schemes and Aditya Birla Group / Sun Life distribution backing. Directly comparable to PGIM India as a diversified retail-focused AMC with both domestic and international product offerings.
- DSP Asset Management: Mid-sized Indian AMC known for differentiated equity and international FoF strategies. Comparable to PGIM India in size, product philosophy, and emphasis on select-quality mid-cap and global equity strategies.
Broad incumbents
- UTI Asset Management: One of India's oldest and largest AMCs with a broad equity, debt, and hybrid mutual fund product suite. Overlaps with PGIM India across most retail categories as an established broad-line incumbent.
- SBI Mutual Fund: India's largest AMC by AUM, with an exhaustive product suite and unmatched SBI branch-led distribution reach. Overlaps with PGIM India across virtually all retail product categories but operates at vastly greater scale.
Emerging players
- Motilal Oswal Asset Management: Indian AMC with a focused mid/small-cap and international FoF product portfolio. Comparable to PGIM India's mid-cap and global equity franchises in particular, though with narrower overall product breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks1 record
Key highlights7 records
Customer concentration
PGIM India Mutual Fund social profiles
Digital presencePGIM India Mutual Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
PGIM India Mutual Fund leadership team
Management profileNumber of profiles
Profiles2 records
PGIM India Mutual Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PGIM India Mutual Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PGIM India Mutual Fund
What does PGIM India Mutual Fund do?
PGIM India Mutual Fund is an asset management company that offers open-ended mutual fund schemes across equity, fixed income, and multi-asset categories to Indian retail investors. The firm manages over Rs 30,000 crore in assets under management across 25 schemes, including mid-cap equity funds, flexi-cap funds, gilt index funds, and global/emerging markets fund-of-funds. Revenue is generated through Total Expense Ratio (TER) charges on assets managed, regulated by SEBI.
Is PGIM India Mutual Fund a public or private company?
PGIM India Mutual Fund is a private company. It is classified as corporate owned and is currently operating.
When was PGIM India Mutual Fund founded?
PGIM India Mutual Fund was founded in 2015. It employs 251 to 500 people.
Where is PGIM India Mutual Fund based?
PGIM India Mutual Fund is headquartered in Mumbai, India, in the Asia region.
How does PGIM India Mutual Fund make money?
One revenue line is on record: asset Management Fees.
Who are PGIM India Mutual Fund's main competitors?
Direct peers on record are HDFC Asset Management, Kotak Mahindra Asset Management, ICICI Prudential Asset Management, Axis Asset Management, Nippon Life India Asset Management, Aditya Birla Sun Life AMC and DSP Asset Management. Broad incumbents are UTI Asset Management and SBI Mutual Fund. Motilal Oswal Asset Management is listed as an emerging player.
Does PGIM India Mutual Fund have an API?
No public API is recorded for PGIM India Mutual Fund.
What industry is PGIM India Mutual Fund in?
PGIM India Mutual Fund's product category is Asset Management / Mutual Funds. Its primary akta.pro industry code is FSAAAEAG, Target-Risk / Risk-Managed Allocation Funds, with a secondary code of FSAAAEAB, Fixed Income Mutual Funds. Its NAICS code is 525910 and its SIC code is 6282.