Fund Overview
Fund Size
₹11,052 Cr
Expense Ratio
0.44%
ISIN
INF663L01DV3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
02 Dec 2013
About this fund
PGIM India Midcap Opportunities Fund Direct Growth is a Mid-Cap mutual fund schemes offered by PGIM India Mutual Fund. This fund has been in existence for 10 years, 7 months and 24 days, having been launched on 02-Dec-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹71.09, Assets Under Management (AUM) of 11051.59 Crores, and an expense ratio of 0.44%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹71.09, Assets Under Management (AUM) of 11051.59 Crores, and an expense ratio of 0.44%.
- PGIM India Midcap Opportunities Fund Direct Growth has given a CAGR return of 20.23% since inception.
- The fund's asset allocation comprises around 97.65% in equities, 0.00% in debts, and 2.35% in cash & cash equivalents.
- You can start investing in PGIM India Midcap Opportunities Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+32.73%
+53.07% (Cat Avg.)
3 Years
+19.13%
+24.91% (Cat Avg.)
5 Years
+32.48%
+28.22% (Cat Avg.)
10 Years
+19.11%
+19.07% (Cat Avg.)
Since Inception
+20.23%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹10,792.07 Cr | 97.65% |
| Others | ₹259.52 Cr | 2.35% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Dixon Technologies (India) Ltd | Equity | ₹386.23 Cr | 3.49% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹331.68 Cr | 3.00% |
| UNO Minda Ltd | Equity | ₹325.58 Cr | 2.95% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹307.77 Cr | 2.78% |
| Timken India Ltd | Equity | ₹300.08 Cr | 2.72% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹295.1 Cr | 2.67% |
| Phoenix Mills Ltd | Equity | ₹263.91 Cr | 2.39% |
| Persistent Systems Ltd | Equity | ₹258.71 Cr | 2.34% |
| Container Corporation of India Ltd | Equity | ₹250.07 Cr | 2.26% |
| HDFC Bank Ltd | Equity | ₹240.45 Cr | 2.18% |
| Solar Industries India Ltd | Equity | ₹237.02 Cr | 2.14% |
| Astral Ltd | Equity | ₹232.51 Cr | 2.10% |
| Info Edge (India) Ltd | Equity | ₹226.53 Cr | 2.05% |
| JK Cement Ltd | Equity | ₹219.58 Cr | 1.99% |
| CG Power & Industrial Solutions Ltd | Equity | ₹217.46 Cr | 1.97% |
| TVS Motor Co Ltd | Equity | ₹215.74 Cr | 1.95% |
| HDFC Asset Management Co Ltd | Equity | ₹212.48 Cr | 1.92% |
| Max Financial Services Ltd | Equity | ₹186.84 Cr | 1.69% |
| Escorts Kubota Ltd | Equity | ₹185.4 Cr | 1.68% |
| Indian Hotels Co Ltd | Equity | ₹184.8 Cr | 1.67% |
| Abbott India Ltd | Equity | ₹183.32 Cr | 1.66% |
| Indraprastha Gas Ltd | Equity | ₹180.34 Cr | 1.63% |
| Varun Beverages Ltd | Equity | ₹178.96 Cr | 1.62% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹164.04 Cr | 1.48% |
| Zomato Ltd | Equity | ₹163.38 Cr | 1.48% |
| Sona BLW Precision Forgings Ltd | Equity | ₹160.82 Cr | 1.46% |
| Syngene International Ltd | Equity | ₹158.46 Cr | 1.43% |
| InterGlobe Aviation Ltd | Equity | ₹157.67 Cr | 1.43% |
| SKF India Ltd | Equity | ₹149.66 Cr | 1.35% |
| Mankind Pharma Ltd | Equity | ₹145.27 Cr | 1.31% |
| Aarti Industries Ltd | Equity | ₹141.71 Cr | 1.28% |
| Central Depository Services (India) Ltd | Equity | ₹140.75 Cr | 1.27% |
| Narayana Hrudayalaya Ltd | Equity | ₹139.95 Cr | 1.27% |
| Axis Bank Ltd | Equity | ₹139.18 Cr | 1.26% |
| Coforge Ltd | Equity | ₹138.23 Cr | 1.25% |
| Motherson Sumi Wiring India Ltd | Equity | ₹137.26 Cr | 1.24% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹133.91 Cr | 1.21% |
| L&T Technology Services Ltd | Equity | ₹120.62 Cr | 1.09% |
| Shriram Finance Ltd | Equity | ₹116.46 Cr | 1.05% |
| Blue Star Ltd | Equity | ₹116.15 Cr | 1.05% |
| Endurance Technologies Ltd | Equity | ₹113.03 Cr | 1.02% |
| Kajaria Ceramics Ltd | Equity | ₹112.11 Cr | 1.01% |
| ICICI Bank Ltd | Equity | ₹110.36 Cr | 1.00% |
| Supreme Industries Ltd | Equity | ₹109.37 Cr | 0.99% |
| United Spirits Ltd | Equity | ₹108.87 Cr | 0.99% |
| Mphasis Ltd | Equity | ₹108.72 Cr | 0.98% |
| Dr. Lal PathLabs Ltd | Equity | ₹108.12 Cr | 0.98% |
| Zydus Lifesciences Ltd | Equity | ₹107.69 Cr | 0.97% |
| Balkrishna Industries Ltd | Equity | ₹107.15 Cr | 0.97% |
| Hero MotoCorp Ltd | Equity | ₹105.73 Cr | 0.96% |
| Poonawalla Fincorp Ltd | Equity | ₹103.63 Cr | 0.94% |
| Voltas Ltd | Equity | ₹101.54 Cr | 0.92% |
| Prestige Estates Projects Ltd | Equity | ₹101.16 Cr | 0.92% |
| SRF Ltd | Equity | ₹97.25 Cr | 0.88% |
| Havells India Ltd | Equity | ₹97.01 Cr | 0.88% |
| AAVAS Financiers Ltd | Equity | ₹95.54 Cr | 0.86% |
| PI Industries Ltd | Equity | ₹93.47 Cr | 0.85% |
| Metro Brands Ltd | Equity | ₹93.03 Cr | 0.84% |
| Muthoot Finance Ltd | Equity | ₹91.98 Cr | 0.83% |
| Bharti Hexacom Ltd | Equity | ₹83.65 Cr | 0.76% |
| Ajanta Pharma Ltd | Equity | ₹80.06 Cr | 0.72% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹75.76 Cr | 0.69% |
| Bharat Rasayan Ltd | Equity | ₹74.34 Cr | 0.67% |
| CRISIL Ltd | Equity | ₹73.97 Cr | 0.67% |
| Multi Commodity Exchange of India Ltd | Equity | ₹73.58 Cr | 0.67% |
| APL Apollo Tubes Ltd | Equity | ₹72.4 Cr | 0.66% |
| Triveni Turbine Ltd | Equity | ₹69.93 Cr | 0.63% |
| Net Receivables / (Payables) | Cash | ₹-68.02 Cr | 0.62% |
| Happiest Minds Technologies Ltd Ordinary Shares | Equity | ₹63.44 Cr | 0.57% |
| Page Industries Ltd | Equity | ₹56.82 Cr | 0.51% |
| Exide Industries Ltd | Equity | ₹56.45 Cr | 0.51% |
| Bharat Forge Ltd | Equity | ₹55.12 Cr | 0.50% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹53.69 Cr | 0.49% |
| Torrent Power Ltd | Equity | ₹52.44 Cr | 0.47% |
| JSW Infrastructure Ltd | Equity | ₹48.62 Cr | 0.44% |
| Honasa Consumer Ltd | Equity | ₹47.97 Cr | 0.43% |
| Trent Ltd | Equity | ₹44.47 Cr | 0.40% |
| India (Republic of) | Bond - Short-term Government Bills | ₹19.76 Cr | 0.18% |
| Go Digit General Insurance Ltd | Equity | ₹6.21 Cr | 0.06% |
| Vedant Fashions Ltd | Equity | ₹1.05 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
19.58%
Mid Cap Stocks
67.13%
Small Cap Stocks
10.13%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹2,311.64 Cr | 20.92% |
| Financial Services | ₹2,074.13 Cr | 18.77% |
| Consumer Cyclical | ₹1,820.44 Cr | 16.47% |
| Healthcare | ₹1,254.53 Cr | 11.35% |
| Technology | ₹1,075.96 Cr | 9.74% |
| Basic Materials | ₹1,011.52 Cr | 9.15% |
| Real Estate | ₹365.08 Cr | 3.30% |
| Consumer Defensive | ₹335.8 Cr | 3.04% |
| Communication Services | ₹310.18 Cr | 2.81% |
| Utilities | ₹232.78 Cr | 2.11% |
Risk & Performance Ratios
Standard Deviation
This fund
13.97%
Cat. avg.
14.02%
Lower the better
Sharpe Ratio
This fund
1.05
Cat. avg.
1.23
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.45
Higher the better
Fund Managers
VP
Vinay Paharia
Since April 2023
PP
Puneet Pal
Since July 2022
UM
Utsav Mehta
Since November 2023
VS
Vivek Sharma
Since April 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF663L01DV3 | Expense Ratio | 0.44% | Exit Load | No Charges | Fund Size | ₹11,052 Cr | Age | 02 Dec 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1389.24 Cr | 49.0% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1389.24 Cr | 51.4% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹12627.68 Cr | 67.7% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16667.30 Cr | 45.2% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16667.30 Cr | 46.8% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30143.58 Cr | 43.4% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹2580.04 Cr | 62.5% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2580.04 Cr | 60.1% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4193.89 Cr | 52.6% |
About the AMC
Total AUM
₹23,364 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of PGIM India Midcap Opportunities Fund Direct Growth?
The NAV of PGIM India Midcap Opportunities Fund Direct Growth, as of 25-Jul-2024, is ₹71.09.
What are the returns of PGIM India Midcap Opportunities Fund Direct Growth?
The fund has generated 32.73% over the last 1 year and 19.13% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of PGIM India Midcap Opportunities Fund Direct Growth?
The fund's allocation of assets is distributed as 97.65% in equities, 0.00% in bonds, and 2.35% in cash and cash equivalents.
Who manages the PGIM India Midcap Opportunities Fund Direct Growth?
The fund managers responsible for PGIM India Midcap Opportunities Fund Direct Growth are:-
- Vinay Paharia
- Puneet Pal
- Utsav Mehta
- Vivek Sharma
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.