MF Gyan
mid capHigh risk13 years oldSteady vs its 3-year pace

PGIM India Midcap Fund - Direct Plan - Direct IDCW

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From PGIM India Mutual Fund. It's been running since 5 Dec 2013.

Latest price per unit
₹64.49
▼ 0.49% today
As of 2 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.02 L
▲ ₹2.4k gain · 2.4% / year
Invested 3 years ago
₹1.41 L
▲ ₹41.1k gain · 12.2% / year
Invested 5 years ago
₹1.72 L
▲ ₹72.1k gain · 11.5% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.03 L
Gain / loss+₹22.9k
XIRR (annualised)8.38%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.05 L
Projected gain*+₹25.3k
*at this fund's historical rate of 8.38% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 50 other funds in Equity Scheme - Mid Cap Fund

Same plan
1-year return
2.35%median 9.65% (-7.30%)
Rank #42 of 51Beats 15% of peers
3-year return
12.16%median 16.58% (-4.42%)
Rank #32 of 51Beats 30% of peers
5-year return
11.47%median 14.35% (-2.88%)
Rank #32 of 51Beats 23% of peers
Bumpiness (3Y)
15.24%median 16.91% (-1.67%)
Rank #6 of 51Less risky than 90% of peers
Worst-ever drop
-39.48%median -35.55% (-3.93%)
Rank #20 of 51Less risky than 62% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

+51%
2020
+65%
2021
-1%
2022
+22%
2023
+23%
2024
+1%
2025
+4%
2026
Best year
2021 · 65.11%
Worst year
2022 · -0.81%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
15.2%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-39.48%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of PGIM India Midcap Fund - Direct Plan - Direct IDCW against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year2.35%
CAGR — 3 years12.16%
CAGR — 5 years11.47%
CAGR — since launch15.74%
Volatility — 1 year (annualised)15.15%
Volatility — 3 years (annualised)15.24%
Max drawdown — 1 year-16.23%
Max drawdown — 3 years-19.13%
Sharpe ratio — 1 year (rf=6%)-0.24
Sharpe ratio — 3 years (rf=6%)0.38

Fund info

Fund house
PGIM India Mutual Fund
Category
Equity Scheme - Mid Cap Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF663L01DW1
ISIN (Div re-invest)
INF663L01DX9
Fund code
125301
First price on record
5 Dec 2013 · 3,136 daily prices

About PGIM India Midcap Fund - Direct Plan - Direct IDCW

PGIM India Midcap Fund - Direct Plan - Direct IDCW is a Equity Scheme - Mid Cap Fund offered by PGIM India Mutual Fund under the Direct plan with the IDCW option. It has approximately 13 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of PGIM India Midcap Fund - Direct Plan - Direct IDCW is ₹64.4900 (as of 2 Sep 2026). Historically, it has delivered 2.35% over the last year, 12.16% CAGR over 3 years, 11.47% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 15.2% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 39.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of PGIM India Midcap Fund - Direct Plan - Direct IDCW?+

The latest NAV of PGIM India Midcap Fund - Direct Plan - Direct IDCW is ₹64.4900 as of 2 Sep 2026, down 0.49% from the previous day. NAV is updated once a business day after the market close.

What are the returns of PGIM India Midcap Fund - Direct Plan - Direct IDCW?+

PGIM India Midcap Fund - Direct Plan - Direct IDCW has delivered 1-year return 2.35%, 3-year CAGR 12.16%, 5-year CAGR 11.47%, since-inception CAGR 15.74%. Returns are historical and don't predict future performance — markets move in cycles.

What category does PGIM India Midcap Fund - Direct Plan - Direct IDCW belong to?+

PGIM India Midcap Fund - Direct Plan - Direct IDCW is categorised as Equity Scheme - Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is PGIM India Midcap Fund - Direct Plan - Direct IDCW?+

Based on its 3-year annualised volatility of 15.2%, PGIM India Midcap Fund - Direct Plan - Direct IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is PGIM India Midcap Fund - Direct Plan - Direct IDCW a direct plan?+

PGIM India Midcap Fund - Direct Plan - Direct IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is PGIM India Midcap Fund - Direct Plan - Direct IDCW?+

PGIM India Midcap Fund - Direct Plan - Direct IDCW has NAV history available from 5 Dec 2013 — approximately 13 years of track record and 3,136 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.