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2 star

PGIM India Midcap Opportunities Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.90 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 6.33 0.10 3.51 9.66 24.52 5.24 12.40 2.06 5.21 -- --
S&P BSE 150 MidCap TRI -6.54 -0.60 0.93 6.14 21.57 -8.33 -0.74 -0.79 6.55 -- --
Equity: Mid Cap -6.39 -0.36 1.27 5.59 17.46 -7.78 -1.08 -0.23 5.83 -- --
Rank within category 1 2 1 1 1 1 1 4 13 -- --
Number of funds in category 26 27 27 27 27 26 23 21 19 17 0

As on 10-Jul-2020

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
2 star
Dec-13 12.40 2.06 5.21 0.72 167
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.97 2.59 9.07 1.00 6,962
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.28 0.74 8.25 0.63 6,449
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.96 -2.07 7.80 0.75 5,699
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 9.35 9.81 9.22 0.56 5,511

Best & Worst Performance

Best (Period) Worst (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 60.46 (03-Mar-2014 - 03-Mar-2015) -25.99 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.72 24.19 -0.07 -0.07 0.92 1.15
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 2.63 23.14 -0.11 -0.12 0.88 -0.05
Rank within category 7 16 7 8 17 7
Number of funds in category 22 22 22 22 22 22

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 44
Top 10 Stocks (%) 34.96
Top 5 Stocks (%) 19.58
Top 3 Sectors (%) 46.19
Portfolio P/B Ratio 3.04
Portfolio P/E Ratio 22.46

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 12,284 18,097
Giant (%) 2.03 8.21
Large (%) 7.27 9.62
Mid (%) 68.75 74.80
Small (%) 20.75 11.00
Tiny (%) 1.20 0.43

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
down Bharat Rasayan Chemicals 26.05 5.05 0.00 4.56
up Alembic Pharmaceuticals Healthcare 21.47 4.37 0.00 4.37
equal Tata Consumer Products FMCG 84.57 4.83 0.00 4.17
equal PI Industries Chemicals 56.33 4.14 0.00 3.24
up Max Financial Services Financial 104.25 3.54 0.00 3.24
up Bayer CropScience Healthcare 54.12 3.20 0.00 3.20
equal Alkem Laboratories Healthcare 25.51 3.57 0.00 3.12
down Dixon Technologies Engineering 61.96 3.83 0.00 3.10
equal Page Industries Textiles 64.71 3.45 0.00 2.98
down Escorts Automobile 29.29 4.01 0.00 2.98
up Sharda Motor Industries Automobile 8.73 2.93 0.00 2.93
equal Whirlpool Cons Durable 56.69 3.53 0.00 2.86
equal The Ramco Cements Construction 25.99 4.04 1.27 2.85
down Atul Chemicals 20.51 4.16 0.00 2.72
equal Voltas Cons Durable 35.45 3.45 0.00 2.62
down Muthoot Finance Financial 14.18 3.65 0.00 2.60
up Quess Corp Financial -- 3.10 0.00 2.52
up Natco Pharma Healthcare 26.83 2.46 0.00 2.46
new Federal Bank Financial 6.73 4.21 0.00 2.44
equal Suven Pharmaceutical Healthcare 25.46 2.37 0.00 2.37
equal Dr. Lal Pathlabs Healthcare 69.59 2.62 0.00 2.34
equal Balkrishna Industries Automobile 25.75 2.69 0.00 2.26
new MindTree Technology 26.29 2.95 0.00 2.22
up Indian Railway Catering & Tourism Corpn. Services 42.27 2.81 0.00 2.03
down Indraprastha Gas Energy 22.74 4.09 0.00 1.99

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 30-Jun-2020

Fund Manager

— Aniruddha Naha since 05-Apr-2018

Education: Mr. Naha holds an MFC degree.

Experience: Prior to joining PGIM India he has worked with IDFC AMC, Naha Fund Management & Control, an offshore advisory for Mirae AMC and DSP Mutual Fund.

Funds Managed:


-0.05%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 20.6600

Dividend: ₹ 17.1300


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 (₹) 500
Minimum No of Cheques 10
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 02-Dec-2013
Return Since Launch: 11.61%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 167 Cr (As on 30-Jun-2020)
Expense: 0.72% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 177.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend28-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: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM