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5 star

PGIM India Midcap Opportunities Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.93 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.83 Lakh

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 35.57 0.96 1.87 10.92 16.22 40.00 113.68 24.57 21.49 18.36 --
S&P BSE 150 MidCap TRI 33.17 0.47 0.96 12.46 14.31 35.07 93.74 16.05 19.00 19.06 --
Equity: Mid Cap 27.09 0.66 1.28 10.72 11.90 29.95 83.55 16.26 17.23 18.01 --
Rank within category 1 1 3 13 2 1 1 1 1 8 --
Number of funds in category 27 30 30 30 29 27 27 22 19 19 0

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 113.68 24.57 21.49 0.45 1,615
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 90.56 18.99 19.42 0.54 12,463
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 68.18 17.06 18.18 0.85 12,162
Axis Midcap Fund - Direct Plan
5 star
Jan-13 68.13 21.79 21.03 0.51 11,834
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 85.93 17.78 17.98 1.22 9,746

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.03 16-May-2014 - 23-May-2014 -18.58 16-Mar-2020 - 23-Mar-2020
Month 21.46 23-Mar-2020 - 22-Apr-2020 -35.72 20-Feb-2020 - 23-Mar-2020
Quarter 39.90 24-Mar-2020 - 23-Jun-2020 -25.84 23-Dec-2019 - 23-Mar-2020
Year 142.20 23-Mar-2020 - 23-Mar-2021 -25.99 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 23.82 26.07 0.75 0.84 0.94 8.10
S&P BSE 150 MidCap TRI 16.51 26.96 0.45 0.48 -- --
Equity: Mid Cap 16.70 24.42 0.51 0.56 0.88 1.63
Rank within category 1 21 3 2 18 2
Number of funds in category 23 23 23 23 23 23

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 34.37
Top 5 Stocks (%) 20.20
Top 3 Sectors (%) 43.89
Portfolio P/B Ratio 3.58
Portfolio P/E Ratio 30.52

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 22,720 25,008
Giant (%) 4.77 4.79
Large (%) 5.24 7.36
Mid (%) 78.81 80.31
Small (%) 10.75 9.04
Tiny (%) 0.42 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 24.29 4.72 0.00 4.72
up Coforge Technology 52.45 4.58 0.00 4.04
up MindTree Technology 36.62 4.51 0.00 4.00
up Aarti Industries Chemicals 60.76 4.24 0.00 3.79
up The Federal Bank Financial 10.32 4.01 0.00 3.65
up Sanofi India Healthcare 33.24 3.18 0.00 3.18
equal Voltas Cons Durable 66.87 4.07 0.00 3.12
new Max Healthcare Institute Healthcare -- 2.75 0.00 2.75
equal Max Financial Services Financial 83.14 4.17 0.00 2.60
up Bharat Forge Automobile -- 2.78 0.00 2.52
equal Canara Bank Financial 8.80 2.62 0.00 2.49
down Cholamandalam Investment & Finance Company Financial 30.66 3.72 0.00 2.38
up Ashok Leyland Automobile -- 3.66 0.00 2.29
up Bata India FMCG -- 3.19 0.00 2.29
up Sagar Cements Construction 13.04 2.55 0.00 2.28
up MTAR Technologies Services 68.15 3.17 0.00 2.22
equal SKF India Engineering 42.84 3.12 0.00 2.21
up Bharat Rasayan Chemicals 34.83 5.05 0.00 2.20
equal ACC Construction 22.98 3.75 0.00 2.15
equal Indian Railway Catering & Tourism Corporation Services 141.80 2.85 0.00 2.12
up The Indian Hotels Company Services -- 2.69 0.00 2.07
equal Polycab India Engineering 31.52 2.57 0.00 2.07
equal Greenply Inds. FMCG 43.37 2.99 0.00 2.01
up Syngene International Healthcare 58.03 3.39 0.00 1.99
up Jubilant FoodWorks Services 262.93 3.51 0.00 1.93

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Aniruddha Naha since 05-Apr-2018

Education: Mr. Naha has done Masters in Finance & Control.

Experience: Aniruddha Naha is Senior Fund Manager – Equity at PGIM India Asset Management Pvt. Ltd. He is the fund manager for PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund Aniruddha has done his Masters in Finance & Control and has over 18 years of industry experience in the equity and debt market. In his last assignment, Aniruddha was Portfolio Manager - Avendus Wealth Management Pvt. Ltd. where he was their Head of PMS, Equity and managed 2 mandates: Avendus India Alpha Fund and the Midcap Fund. Prior to that Aniruddha was was Fund Manager - IDFC Asset Management Company Ltd. and managed an AUM of Rs.1600Crs across 3 funds in the diversified and midcap space. Aniruddha has also had stints as Portfolio Manager - Mirae Asset Global Investments (Hong Kong) Ltd. and as Fund Manager - DSP BlackRock Investment Managers Pvt. Ltd.

Interviews:

Funds Managed:

— Vivek Sharma since 01-Jun-2021

Education: Mr. Sharma is a PGDM Finance

Experience: Prior to joining PGIM India Asset Management Pvt. Ltd. - Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. - Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate - Investment Banking.


0.96%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 39.8300

IDCW: ₹ 33.0100


Investment Strategy

The scheme seeks to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 02-Dec-2013
Return Since Launch: 20.12%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,615 Cr (As on 31-May-2021)
Expense: 0.45% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: High
Turnover: 138.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Mar-20160.2500

 21-Dec-20150.2700
 28-Sep-20150.3900
 11-Aug-20151.0000

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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