PGIM India Midcap Opp Fund-Reg(G)

View the direct plan of this scheme

Rs 54.58   -0.02(-0.037 %) NAV as on 16 Apr 2024
Prime Rating: 3.5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 9,923.95
Fund category:
Mid Cap Fund
Fund manager(s):
Sharma Vivek, Utsav Mehta, Vinay Paharia, Puneet Pal
Benchmark:
Nifty Midcap 150 - TRI
Minimum investment:
₹ 5000
Launch date:
02 Dec 2013
Min. additional investment:
₹ 1000
Expense ratio:
1.72 %
Exit load:
0.50% on or before 90D, Nil after 90D

Scheme Objective: 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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.


Performance (As on 16 Apr 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme11.75 % 29.55 % 20.10 %24.29 % 17.77 %
Nifty Midcap 15020.39 % 55.85 % 26.65 %22.87 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Max Healthcare Institute Ltd.
3.26%
Dixon Technologies (India) Ltd.
3.01%
The Phoenix Mills Ltd.
2.55%
Persistent Systems Ltd.
2.45%
Cholamandalam Investment & Finance Company Ltd.
2.42%
Tube Investments Of India Ltd.
2.2%
Kotak Mahindra Bank Ltd.
2.15%
Solar Industries India Ltd.
2.09%
HDFC Bank Ltd.
2.08%
UNO Minda Ltd.
2.06%

About this category

Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.

Suitability

Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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