Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
PGIM India Flexi Cap Fund Direct-Growth
Description
The fund seeks long-term growth of capital and regular income through 90% investment in equities and 10% in debt and money market securities. The scheme would adopt top-down & bottom-up approach of investing & a portion of the scheme will also be invested in IPOs, emerging sectors & other primary market offerings.
The scheme seeks to generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives.
38.4% of the combined portfolio weight is common between Aditya Birla Sun Life Flexi Cap Fund Direct-Growth and PGIM India Flexi Cap Fund Direct-Growth.
28 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 6.10% of Aditya Birla Sun Life Flexi Cap Fund Direct-Growth and 5.98% of PGIM India Flexi Cap Fund Direct-Growth.
The funds share a meaningful part of their portfolios but still differ enough to add some diversification.
Largest common holdings
ICICI Bank Ltd.HDFC Bank Ltd.Bharti Airtel Ltd.Reliance Industries Ltd.State Bank of IndiaKotak Mahindra Bank Ltd.Eternal Ltd.Axis Bank Ltd.
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth has delivered the higher 3-year CAGR (17.19% vs 11.79%). PGIM India Flexi Cap Fund Direct-Growth is the cheaper of the two with an expense ratio of 0.83% against 0.90%. Aditya Birla Sun Life Flexi Cap Fund Direct-Growth manages the larger corpus at ₹26.73k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Aditya Birla Sun Life Flexi Cap Fund Direct-Growth returned 13.04% against 4.54% for PGIM India Flexi Cap Fund Direct-Growth; and over 3 years, Aditya Birla Sun Life Flexi Cap Fund Direct-Growth leads with a 17.19% CAGR versus 11.79%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
PGIM India Flexi Cap Fund Direct-Growth has the lower expense ratio at 0.83%, compared with 0.90% for Aditya Birla Sun Life Flexi Cap Fund Direct-Growth — a difference of 0.07% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Aditya Birla Sun Life Flexi Cap Fund Direct-Growth and PGIM India Flexi Cap Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 38.4%, which is considered moderate. At this level the funds share a meaningful part of their portfolios but still differ enough to add some diversification. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Flexi Cap funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth has a NAV of ₹2232.57 and an AUM of ₹26.73k Cr, and was launched on 31 Dec 2012. PGIM India Flexi Cap Fund Direct-Growth has a NAV of ₹44.19 and an AUM of ₹5.82k Cr, launched on 8 Mar 2015. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
