Should I invest in PGIM India Midcap Fund?

We don't give personal investment advice. PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.5%. 5-year CAGR: 13.04%.

PGIM India

PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout

Latest NAV

₹63.5800

As of

17 Jul 2026

3,103 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.09%	-0.23%	+0.13	12 / 31	Q2
1W	-0.52%	-0.51%	0.00	15 / 31	Q2
2W	+0.60%	+0.60%	+0.00	15 / 31	Q2
1M	+1.55%	+1.56%	-0.01	19 / 31	Q3
3M	+4.93%	+5.71%	-0.77	21 / 31	Q3
6M	+5.21%	+5.07%	+0.14	17 / 31	Q3
YTD	+2.91%	+2.84%	+0.07	17 / 30	Q3
1Y	+0.46%	+2.58%	-2.13	22 / 30	Q3
2Y	+3.06%	+1.07%	+1.99	8 / 28	Q2
3Y	+12.73%	+15.52%	-2.79	19 / 28	Q3
4Y	+13.88%	+16.21%	-2.33	18 / 24	Q3
5Y	+13.05%	+12.80%	+0.24	11 / 21	Q3
7Y	+23.08%	+16.87%	+6.21	2 / 19	Q1
10Y	+16.48%	+11.75%	+4.73	2 / 16	Q1
Inception	+15.77%	+15.15%	+0.62	15 / 31	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.91%	+2.84%	+0.07	17 / 30
2025	+0.75%	-0.94%	+1.69	10 / 28
2024	+22.56%	+26.10%	-3.55	17 / 28
2023	+21.61%	+33.37%	-11.76	26 / 27
2022	-0.10%	-0.01%	-0.09	11 / 21
2021	+65.11%	+39.11%	+26.00	1 / 20
2020	+51.05%	+21.28%	+29.77	1 / 19
2019	+0.12%	-0.12%	+0.25	11 / 18
2018	-14.53%	-14.35%	-0.18	7 / 17
2017	+37.76%	+34.26%	+3.50	6 / 17
2016	-4.56%	-0.52%	-4.03	13 / 16

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+18.53%

142 windows

min -23.4% · max 110.3%

76% positive

3-Year rolling

+16.93%

118 windows

min -5.7% · max 46.7%

95% positive

5-Year rolling

+17.59%

93 windows

min -2.9% · max 35.6%

97% positive

7-Year rolling

+17.76%

69 windows

min 12.7% · max 23.1%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

14.80%

3-year · annualised

Sharpe ratio

0.44

vs risk-free 6.5%

Sortino ratio

0.72

Downside-only deviation

Max drawdown

-19.13%

Sep 2024 → Feb 2025

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Mid Cap Fund - IDCW Option - Direct Plan	HDFC	₹81.4130	17 Jul 2026
SBI Midcap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹155.8445	17 Jul 2026
ICICI Prudential MidCap Fund - Direct Plan - IDCW	ICICI Prudential	₹70.3500	17 Jul 2026
Invesco India Midcap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹84.0600	17 Jul 2026
BANDHAN MIDCAP FUND - IDCW - DIRECT PLAN	Bandhan	₹19.7020	17 Jul 2026
quant Mid Cap Fund - IDCW Option - Direct Plan	Quant	₹89.2853	17 Jul 2026
Aditya Birla Sun Life Midcap Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹100.6900	17 Jul 2026
Motilal Oswal Midcap Fund-Direct - IDCW Payout/Reinvestment	Motilal Oswal	₹46.6684	17 Jul 2026
Franklin India Mid Cap Fund - Direct - IDCW	Franklin India	₹105.1035	17 Jul 2026
Mirae Asset Midcap Fund Direct IDCW	Mirae Asset	₹28.6980	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹63.5800
16 Jul 2026	₹63.6400
15 Jul 2026	₹63.9500
14 Jul 2026	₹63.5900
13 Jul 2026	₹63.8800
10 Jul 2026	₹63.9100
9 Jul 2026	₹63.0700
8 Jul 2026	₹62.3000
7 Jul 2026	₹63.2600
6 Jul 2026	₹63.5400

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout is ₹63.5800. It's a Mid Cap Fund from PGIM India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout has NAV history starting from 05 Dec 2013, a track record of about 12 years 7 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout is managed by PGIM India. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout has delivered a absolute return of 0.46% — -2.13 pp behind the Mid Cap Fund category average of 2.58%. The fund ranks #22 of 30 in its category — the third (Q3) quartile.

Over the trailing 3-year window, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout has delivered a CAGR of 12.73% — -2.79 pp behind the Mid Cap Fund category average of 15.52%. The fund ranks #19 of 28 in its category — the third (Q3) quartile.

Over the trailing 5-year window, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout has delivered a CAGR of 13.05% — +0.24 pp ahead of the Mid Cap Fund category average of 12.80%. The fund ranks #11 of 21 in its category — the third (Q3) quartile.

₹1 lakh invested in PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout exactly 10 years ago would be worth approximately ₹459,726 today — a multiplier of 4.60×, based on the 10-year CAGR of 16.48%. The category average over the same window would have grown ₹1 lakh to ₹303,738.

A ₹10,000 monthly SIP in PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout over the last 5 years — total invested ₹600,000 — would be worth ₹797,830 today. That's an XIRR (money-weighted annualised return) of 11.34%.

A ₹10,000 monthly SIP for 10 years in PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout = ₹1,200,000 invested. It would currently be worth ₹3,040,576 (multiplier 2.53×). XIRR: 17.69%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout ranks #11 out of 21 funds in the Mid Cap Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 12.80%; this fund delivered 13.04%.

The worst peak-to-trough decline PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout has experienced over the last 5-year window is 19.50% — its NAV fell from a high on 17 Jan 2022 to a low on 20 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout averaged 17.59% (best 35.63%, worst -2.89%). 97% of rolling windows ended positive. The 5-year Sharpe ratio is 0.44 — weak risk-adjusted performance.

In calendar year 2025, PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout returned 0.75% — beating the Mid Cap Fund category average of -0.94% by 1.69 pp. It ranked #10 of 28 in its category that year.

PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. PGIM India Midcap Fund - Direct Plan - Dividend Option - Payout is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.5%. 5-year CAGR: 13.04%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.