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3 star

PGIM India Long Term Equity Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.51 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

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 ELSS, if you need to redeem your investment in less than five 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 -8.74 -0.37 0.91 5.52 18.21 -9.60 -6.57 0.53 -- -- --
S&P BSE 500 TRI -10.03 -0.42 1.44 6.45 18.81 -10.99 -4.74 2.35 -- -- --
Equity: ELSS -10.49 -0.38 1.11 5.42 15.05 -11.38 -5.48 0.31 -- -- --
Rank within category 13 20 26 19 5 11 21 18 -- -- --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 27

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 Long Term Equity Fund - Regular Plan
3 star
Dec-15 -6.57 0.53 -- 2.50 304
Axis Long Term Equity Fund  | Invest Online
5 star
Dec-09 -0.30 6.12 7.63 1.74 20,292
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 0.47 2.61 6.88 1.93 10,101
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 -3.45 2.37 7.37 1.87 5,789
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
4 star
Dec-15 -0.76 5.35 -- 1.80 3,538

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.91 (01-Apr-2020 - 09-Apr-2020) -17.82 (11-Mar-2020 - 18-Mar-2020)
Month 22.27 (23-Mar-2020 - 22-Apr-2020) -35.11 (20-Feb-2020 - 23-Mar-2020)
Quarter 36.09 (24-Mar-2020 - 23-Jun-2020) -34.79 (23-Dec-2019 - 23-Mar-2020)
Year 44.10 (26-Dec-2016 - 26-Dec-2017) -32.63 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.05 20.21 -0.16 -0.19 0.92 -2.31
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 2.32 21.15 -0.14 -0.15 0.95 -2.02
Rank within category 18 9 18 21 10 18
Number of funds in category 34 34 34 34 34 34

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 39
Top 10 Stocks (%) 47.33
Top 5 Stocks (%) 30.28
Top 3 Sectors (%) 57.71
Portfolio P/B Ratio 1.99
Portfolio P/E Ratio 16.12

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 99,504 89,760
Giant (%) 64.05 52.59
Large (%) 14.80 15.43
Mid (%) 11.04 23.93
Small (%) 10.11 8.24
Tiny (%) -- 0.13

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 HDFC Bank Financial 21.76 9.86 3.01 7.24
equal Infosys Technology 20.45 7.49 0.76 6.43
equal ICICI Bank Financial 23.93 8.05 1.07 6.35
equal Reliance Industries Energy 33.24 8.45 0.00 6.25
equal Cipla Healthcare 33.27 4.31 0.00 4.01
equal HDFC Financial 14.94 3.76 0.00 3.74
equal Sun Pharmaceutical Inds. Healthcare 31.84 3.90 0.00 3.66
equal ITC FMCG 15.86 5.90 0.00 3.37
up Bharti Airtel Communication -- 3.28 0.00 3.28
up Larsen & Toubro Construction 13.65 5.51 0.00 3.00
up Petronet LNG Energy 14.71 2.55 0.00 2.55
equal Kotak Mahindra Bank Financial 30.75 4.13 1.03 2.43
equal NTPC Energy 13.21 3.05 0.00 2.40
equal State Bank of India Financial 8.70 4.09 0.00 2.38
equal Power Grid Corporation Energy 9.44 3.11 0.00 2.35
equal Hindustan Unilever FMCG 78.80 2.72 0.00 2.15
up Hero Motocorp Automobile 14.76 2.01 0.00 2.01
equal MRPL Energy -- 2.32 0.00 2.01
new Alkem Laboratories Healthcare 25.51 1.95 0.00 1.95
down GAIL Energy 4.84 4.11 0.00 1.88
equal Vinati Organics Chemicals 30.74 2.10 0.00 1.88
equal Majesco Technology 14.55 1.84 0.00 1.84
equal Coromandel International Chemicals 20.68 2.00 0.00 1.83
equal Axis Bank Financial 67.06 5.95 0.00 1.82
equal Aurobindo Pharma Healthcare 16.75 1.83 0.00 1.78

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

— Srinivas Rao Ravuri since 14-Sep-2019

Education: Mr. Ravuri is a B.Com (H)and MBA (Finance).

Experience: Prior to joining PGIM India Mutual Fund he has worked with HDFC Asset Management Company Ltd. as a Senior Fund Manager - Equities, Senior Analyst at Motilal Oswal Securities Ltd., AVP – Equity Research at Edelweiss Capital Ltd., Investment Analyst at Securities Capital Investments (I) Ltd..

Interviews:


-0.15%

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

Growth: ₹ 13.3500

Dividend: ₹ 10.3900


Investment Strategy

The scheme seeks to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 10
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 11-Dec-2015
Return Since Launch: 6.54%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 304 Cr (As on 30-Jun-2020)
Expense: 2.50% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 79.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-Dec-20190.1594

 27-Sep-20190.0974
 28-Jun-20190.0266
 28-Sep-20180.1771
 02-Jul-20180.2125
 23-Mar-20180.8000
 28-Sep-20170.2400
 29-Jun-20170.2400
 24-Mar-20170.6500

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