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4 star

PGIM India Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.90 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.78 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 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 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 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.

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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 37.56 -0.27 -1.24 3.07 10.68 27.83 64.03 23.82 17.05 -- --
S&P BSE 500 TRI 35.14 -0.58 -2.33 2.74 12.89 27.71 60.02 23.14 16.86 -- --
Equity: ELSS 35.56 -0.51 -2.24 2.79 11.45 27.66 59.31 23.02 16.06 -- --
Rank within category 12 6 3 16 27 24 11 15 10 -- --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 22-Oct-2021

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  | Invest Online
4 star
Dec-15 64.03 23.82 17.05 1.36% 351
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 61.88 26.11 19.09 0.74% 34,371
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 63.48 29.17 22.34 0.44% 9,832
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 66.82 27.40 17.53 0.81% 9,756
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 80.35 25.85 19.23 0.81% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 97.83 23-Mar-2020 - 23-Mar-2021 -31.53 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 21.19 21.63 0.80 0.91 0.97 1.01
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 20.60 21.56 0.77 0.83 0.95 0.72
Rank within category 14 21 16 11 21 16
Number of funds in category 35 35 35 35 35 35

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Stocks (%) 51.29
Top 5 Stocks (%) 31.34
Top 3 Sectors (%) 58.48
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 21.53

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,71,332 1,33,866
Giant (%) 66.26 51.26
Large (%) 9.35 16.18
Mid (%) 15.70 25.11
Small (%) 8.69 7.62
Tiny (%) -- 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
equal ICICI Bank Financial 26.31 8.72 4.99 7.88
down Infosys Technology 34.62 8.38 3.15 7.03
equal HDFC Bank Financial 27.22 9.63 5.05 5.56
equal Larsen & Toubro Construction 20.20 5.52 2.84 5.52
equal Bharti Airtel Communication 360.64 5.35 0.00 5.35
equal Reliance Industries Energy 34.00 8.45 3.79 4.90
equal State Bank of India Financial 17.95 5.00 1.95 4.70
up HCL Technologies Technology 28.09 3.87 0.00 3.87
equal Sun Pharmaceutical Industries Healthcare 32.54 3.93 0.00 3.31
equal Cipla Healthcare 28.44 4.31 1.26 3.17
equal Praj Industries Engineering 52.23 3.29 0.00 3.15
down Tata Consultancy Services Technology 35.39 5.39 0.94 3.08
down ITC FMCG 20.93 5.90 2.26 3.03
equal HDFC Financial 26.03 4.67 1.98 2.80
equal Power Grid Corporation Energy 8.74 3.41 0.00 2.65
equal KPIT Technologies Technology 51.21 2.46 0.00 2.46
equal Hindustan Petroleum Corporation Energy 4.46 2.44 0.00 2.44
equal NTPC Energy 10.54 3.05 0.00 2.39
equal Quess Corp Financial 186.27 2.38 0.00 2.38
equal Vardhman Textiles Textiles 13.17 2.78 0.73 2.17
equal Aurobindo Pharma Healthcare 7.65 1.92 0.00 1.82
equal Gland Pharma Healthcare 54.31 1.91 0.00 1.80
down Hindustan Unilever FMCG 68.66 2.72 0.00 1.77
equal Crompton Greaves Consumer Electricals Consumer Durable 45.09 1.67 0.00 1.67
equal City Union Bank Financial 20.47 1.69 0.00 1.64

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-Sep-2021

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:

— Utkarsh Katkoria since 01-Jun-2021

Education: Mr. Katkoria is a Bachelor in Finance and an MBA.

Experience: Prior to joining PGIM India Mutual Fund he was associated with DWS Mutual Fund, Reliance Industries Limited and JM Financials Limited.

Funds Managed:


-0.27%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 25.4900

IDCW: ₹ 17.4200


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 (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 11-Dec-2015
Return Since Launch: 17.29%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 351 Cr (As on 30-Sep-2021)
Expense: 1.36% (As on 30-Sep-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 19.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Jun-20210.2850

 26-Mar-20210.2900
 31-Dec-20200.2620
 27-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: 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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