PGIM India Midcap Opportunities Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 19-11-2024
₹ 70.03
▲0.8%
1D
Inception Returns
19.4%
/yr
About PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Midcap Opportunities Fund is a mutual fund scheme that focuses on investing in mid-sized companies with high growth potential. The fund invests heavily in mid-cap stocks such as IDFC First Bank, Bharat Forge and Ashok Leyland.According to the investment objective and asset allocation, the fund mostly invests in midcap equities. The Fund Manager will choose equities securities on a stock-by-stock basis, taking into account price-to-earnings, price-to-book, and price-to-sales ratios, as well as growth, margins, asset returns, and cash flows, among other factors.Stocks are chosen based on factors such as the company's historical and current financial condition, potential value creation/unlocking and its impact on earnings growth, capital structure, business prospects, policy environment, management strength among others.
Key Parameters
- PGIM India Midcap Opportunities Fund Direct Growth has ₹10943 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
PGIM India Midcap Opportunities Fund Direct Growth has given a CAGR return of 19.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.82%, 12.85% and 29.96% respectively.
Holdings
PGIM India Midcap Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Health, Basic Materials, Consumer Defensive, Real Estate, Communication, Utilities. Its top holdings are Dixon Technologies (India) Ltd, Max Healthcare Institute Ltd Ordinary Shares, Persistent Systems Ltd, UNO Minda Ltd, Info Edge (India) Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of PGIM India Midcap Opportunities Fund Direct Growth
The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Midcap Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Midcap Opportunities Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹10943 Cr |
| Inception Date | 2 December, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 71.06% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -6.42% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -6.72% as on Oct'24
- This fund outperformed Nifty Midcap 150 by 0.29% in Oct'24
- AUM of the fund stands at 10.9K Cr as of Oct'24
- AUM decreased by 757.4 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Industrial & Financial Services
Top Growth Drivers | 1M Return |
|---|---|
 CRISIL Ltd | 7.6% |
 Max Healthcare Institute Ltd | 4.9% |
Mutual Fund Insights
PGIM India Midcap Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹10943 Cr
Expense Ratio 0.45%
Frequently Asked Questions for PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Midcap Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.94% | -5.94% |
6 Month Returns | 7.54% | 7.54% |
1 Year Returns | 23.82% | 23.82% |
3 Years Returns | 43.71% | 12.85% |
5 Years Returns | 270.73% | 29.96% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
PGIM India Midcap Opportunities Fund Direct Growth | -2.01 | -4.67 | 3.88 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
PGIM India Midcap Opportunities Fund Direct Growth | 0.81 | 0.82 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
PGIM India Midcap Opportunities Fund Direct Growth | 1.63 | 0.63 | 1.16 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
PGIM India Midcap Opportunities Fund Direct Growth | 14.26 | 14.15 | 20.47 |