VR Logo

3 star

PGIM India Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.60 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -8.25 -0.14 2.37 5.09 23.29 -7.35 -5.51 2.38 -- -- --
S&P BSE 500 TRI -10.42 -0.76 2.76 5.61 22.89 -9.68 -5.65 2.53 -- -- --
Equity: ELSS -10.27 -0.77 2.21 4.59 19.23 -9.52 -5.26 1.47 -- -- --
Rank within category 12 1 17 15 5 11 18 17 -- -- --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 08-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 - Direct Plan
3 star
Dec-15 -5.51 2.38 -- 1.37 304
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -0.60 7.37 8.72 0.93 19,127
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 0.50 3.83 7.94 0.94 9,177
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.03 3.58 8.29 0.94 5,359
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 0.30 7.06 -- 0.45 3,141

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.05 (01-Apr-2020 - 09-Apr-2020) -17.80 (11-Mar-2020 - 18-Mar-2020)
Month 22.43 (23-Mar-2020 - 22-Apr-2020) -35.00 (20-Feb-2020 - 23-Mar-2020)
Quarter 36.48 (24-Mar-2020 - 23-Jun-2020) -34.54 (23-Dec-2019 - 23-Mar-2020)
Year 46.18 (26-Dec-2016 - 26-Dec-2017) -31.53 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.80 20.26 -0.07 -0.09 0.92 -0.56
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 18 9 18 18 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 (%)

ajax-loader
Please wait...

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 95,735
Giant (%) 64.05 57.02
Large (%) 14.80 16.12
Mid (%) 11.04 17.57
Small (%) 10.11 9.29
Tiny (%) -- 0.01

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 22.35 9.86 3.01 7.24
equal Infosys Technology 19.88 7.49 0.76 6.43
equal ICICI Bank Financial 24.97 8.05 1.07 6.35
equal Reliance Industries Energy 30.88 8.45 0.00 6.25
equal Cipla Healthcare 33.08 4.31 0.00 4.01
equal HDFC Financial 15.25 3.76 0.00 3.74
equal Sun Pharmaceutical Inds. Healthcare 30.84 3.90 0.00 3.66
equal ITC FMCG 15.76 5.90 0.00 3.37
up Bharti Airtel Communication -- 3.28 0.00 3.28
up Larsen & Toubro Construction 13.84 5.51 0.00 3.00
up Petronet LNG Energy 14.66 2.55 0.00 2.55
equal Kotak Mahindra Bank Financial 31.14 4.13 1.03 2.43
equal NTPC Energy 13.38 3.05 0.00 2.40
equal State Bank of India Financial 8.67 4.09 0.00 2.38
equal Power Grid Corporation Energy 9.48 3.11 0.00 2.35
equal Hindustan Unilever FMCG 76.03 2.72 0.00 2.15
up Hero Motocorp Automobile 14.92 2.01 0.00 2.01
equal MRPL Energy -- 2.32 0.00 2.01
new Alkem Laboratories Healthcare 25.76 1.95 0.00 1.95
down GAIL Energy 4.92 4.11 0.00 1.88
equal Vinati Organics Chemicals 31.43 2.10 0.00 1.88
equal Majesco Technology 15.38 1.84 0.00 1.84
equal Coromandel International Chemicals 20.54 2.00 0.00 1.83
equal Axis Bank Financial 67.64 5.95 0.00 1.82
equal Aurobindo Pharma Healthcare 16.60 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:


-0.14%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 14.2400

Dividend: ₹ 10.3500


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: 8.03%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 304 Cr (As on 30-Jun-2020)
Expense: 1.37% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 92.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-Sep-20190.0266

 28-Sep-20180.2125
 02-Jul-20180.2125
 23-Mar-20181.1215
 28-Sep-20170.2500
 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

VR Helpline

Investing rationally when markets are irrational.

dateSaturday, 11-Jul-2020
time04:00 PM - 04:30 PM