PGIM India Aggressive Hybrid Equity Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

PGIM India Aggressive Hybrid Equity Fund Direct Growth Plan has a NAV of ₹156.44 as of 08 Sep 2026 and scheme AUM of ₹204 Cr. Its 1-year, 3-year and 5-year returns are -0.16%, 9.04% and 7.39%, and the fund sits in the High Risk category.

Our view is that this is a hybrid fund for investors who can accept equity-led swings and still want a structure that is not fully concentrated in shares. The recent 1-year figure is softer than the medium-term numbers, while the longer view is steadier, so the fund looks better suited to investors with patience for uneven shorter runs.

Quick facts

Particular	Details
NAV	₹156.44 as of 08 Sep 2026
AUM	₹204 Cr
Expense Ratio	0.76%
Launch Date	01 Jan 2013
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	0.50% on or before 90D, Nil after 90D
Fund Managers	Sharma Vivek, Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal

The fund is managed by Sharma Vivek, Anandha Padmanabhan Anjeneyan, Vinay Paharia and Puneet Pal.

Source data date: as of 08 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.67%	-4.69%
3M	4.01%	0.93%
1Y	-0.16%	-7.16%
3Y	9.04%	6%
5Y	7.39%	5.87%

The fund has been better than the benchmark across every period shown. That matters because the recent 1-month and 1-year figures are still negative, but both are less weak than the benchmark, which suggests relative resilience rather than outright strength in the latest phase.

The 3-year and 5-year numbers tell a more constructive story. The fund has stayed ahead of the benchmark on both horizons, and the spread is enough to show that the longer-run experience has been more stable than the very recent patch. In other words, the fund has not relied only on one strong burst; the middle and long horizon both point to a modest but consistent edge.

The pattern in the shorter series also looks uneven, with a weak year, a better three-month run and a softer one-month finish. That kind of path usually suits investors who can tolerate month-to-month swings and judge the scheme over multi-year periods rather than single snapshots. The 5-year return of 7.39% is the cleanest summary of that longer pattern.

Relative to the benchmark, the fund’s recent behaviour appears less fragile, but not immune to short-term drawdowns. Our read is that the return profile is better viewed as resilient over time than smooth from month to month.

Source data date: as of 08 Sep 2026

Should you BUY or HOLD PGIM India Aggressive Hybrid Equity?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
PGIM India Aggressive Hybrid Equity Fund Direct Growth Plan	-0.16%	9.04%	7.39%
Bank of India Aggressive Hybrid Fund Direct Growth Plan	16.72%	17.24%	15.03%
HSBC Multi Asset Active FOF Direct Growth Plan	16.2%	15.61%	12.48%
Quant Aggressive Hybrid Fund Direct Growth Plan	11.83%	13%	13.19%
Navi Aggressive Hybrid Fund Direct Growth Plan	10.06%	12%	11.52%
HSBC Aggressive Hybrid Active FOF Direct Growth Plan	9.69%	12.74%	11.11%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the recent one-year measure, the fund trails every peer listed here, which means the short-term picture is clearly weaker than the group’s stronger recent outcomes.

The longer view is more mixed. Its 3-year and 5-year numbers are below the better peer outcomes shown here, but they still sit in positive territory and remain ahead of the benchmark on the same horizons. That creates a different message from the one-year line: short-term weakness is visible, but the multi-year record is not as strained as the recent figure alone might suggest.

So the peer comparison does not tell one simple story. The latest period looks subdued versus the peer set, while the 3-year and 5-year figures suggest a steadier base that may appeal more to investors willing to look through temporary underperformance.

Source data date: as of 08 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Ltd.	Bank	6.67%
7.26% Government of India	Government Securities	6.44%
HDFC Bank Ltd.	Bank	6.38%
Axis Bank Ltd. #	Certificate of Deposit	3.86%
Bharti Airtel Ltd.	Telecom	3.6%
Reliance Industries Ltd.	Crude Oil	3.49%
Larsen & Toubro Ltd.	Infrastructure	3.02%
Infosys Ltd.	IT	2.91%
Clearing Corporation of India Ltd.	Cash & Cash Equivalents and Net Assets	2.9%
7.1% Government of India	Government Securities	2.48%

The largest disclosed holding is ICICI Bank Ltd. at 6.67%, which is meaningful but not extreme on its own. The tenth holding is 7.1% Government of India at 2.48%, so the visible weights taper off fairly steadily from the first position to the last disclosed position.

The top ten holdings together account for approximately 41.75% of the portfolio, and the fund has 62 disclosed holdings in total. That combination suggests that the portfolio is not driven by a single position alone, yet the leading names still have enough weight to matter for performance and risk. The 6.44% in government securities and the presence of cash-equivalent exposure also point to a structure that may not move exactly like a pure equity portfolio.

With 62 holdings disclosed and a meaningful tail beyond the top ten, the fund appears to spread exposure beyond just a handful of names. Even so, the first few positions are large enough that changes in the biggest banking and sovereign debt holdings could still shape near-term outcomes.

To see all holdings, visit the PGIM India Aggressive Hybrid Equity Fund Direct Growth Plan page

Source data date: as of 08 Sep 2026

Who should invest

This fund fits investors who can live with a High Risk profile and are prepared for uneven shorter-term outcomes. The recent 1-year result is weak, but the 3-year and 5-year figures are positive and better than the benchmark on the same periods, so the natural horizon here is multi-year rather than short-term.

The main trade-off is that you may accept short-term volatility in exchange for a more balanced structure and a longer-run record that has held up better than the benchmark. Investors who want smoother month-to-month behaviour may find the recent swings uncomfortable, while those who can wait through cycles may see the appeal in the hybrid setup and the steadier longer horizon.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 0.50% on or before 90D, Nil after 90D

Source data date: as of 08 Sep 2026

Frequently asked questions

What is the current NAV of PGIM India Aggressive Hybrid Equity Fund Direct Growth Plan?
The current NAV is ₹156.44 as of 08 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are -0.16% for 1 year, 9.04% for 3 years and 7.39% for 5 years.

How has it performed against the benchmark?
It has stayed ahead of the Nifty 50 on every period shown. The 1-year figure is still negative, but it is less weak than the benchmark, and the 3-year and 5-year figures are also ahead.

How does it compare with the peer funds listed here?
Its latest one-year return is lower than the peer funds shown, while its 3-year and 5-year returns are also below the stronger peer numbers available. Even so, the longer-run record remains positive and ahead of the benchmark.

What is the minimum SIP amount?
The minimum SIP amount is ₹1,000.

What are the fund’s risk profile, exit load and managers?
The fund is in the High Risk category. The exit load is 0.50% on or before 90D and nil after 90D, and the current managers are Sharma Vivek, Anandha Padmanabhan Anjeneyan, Vinay Paharia and Puneet Pal.

Bottom line

PGIM India Aggressive Hybrid Equity Fund Direct Growth Plan has a mixed but understandable profile: the latest year is weak, while the 3-year and 5-year records are positive and ahead of the benchmark. Against the peer figures shown here, the short-term picture is softer, but the longer-term record still offers some support. The portfolio is also fairly spread out, with 62 disclosed holdings and a top-ten list that does not dominate the whole scheme on its own. That makes it more suitable for investors who can handle a High Risk path and judge the fund over several years.

Published on 10 September 2026 at 9:18 AM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.