PGIM India Midcap Opportunities Fund
For Exits beyond 90 days from date of allotment of units: NIL.
- Date of Inception: Direct Plan: December 02, 2013.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on January 31, 2025.
- The performance provided is for Direct Plan - Growth Option.
The fund predominantly invests in midcap stocks in accordance with the investment objective and asset allocation. Fund Manager will select equity securities on a top-down and bottom–up, stock–by–stock basis, with consideration given to price–to–earnings, price–to–book, and price–to–sales ratios, as well as growth, margins, asset returns, and cash flows, amongst others.
Stocks are selected on the basis of, amongst others, the historical and current financial condition of the company, potential value creation/unlocking of value and its impact on earnings growth, capital structure, business prospects, policy environment, strength of management, responsiveness to business conditions, product profile, brand equity, market share, competitive edge, research, technological know–how and transparency in corporate governance.
Mid Cap firms are those companies that are ranked in the middle - above small caps and below Large Caps, in terms of market capitalisation. Mid Cap Funds invest in the universe of companies that are ranked 101st to 250th in market capitalisation.
If you are looking for wealth creation, Mid Cap Funds can be a part of your portfolio as well-run companies in the mid cap space have the potential to be in the league of large caps in the long run.
The percentage of allocation to Mid Cap Funds should ideally depend on your risk appetite, goals and time horizon. Mid cap firms are typically not as risky as small cap stocks. This means they witness relatively lower downside volatility as compared to small caps during an economic downturn. However, as compared to large caps, mid caps are more volatile.
- Invests 65% in midcap stocks and the remaining 35% in other equity and debt.
- Offers greater growth potential as compared to large cap stocks.
- Uses top-down and bottom-up approach to stock picking.
- Aims to Identify quality midcap stocks which can benefit from a favourable economic environment.
- Opportunity to invest in turn around stories/good companies going through bad times with significant potential for alpha generation.
- Ideal for your long term life goals such as retirement, children’s higher education and so on.
- Offers greater growth potential as compared to Large Cap funds.
- Less volatile as compared to Small Cap funds.
- Tends to recover quickly when the economy revives.
At least five years and more.
You can invest through multiple options:
- Website: You can invest through PGIM India Website by creating your profile and submitting identity details, and bank account information, and becoming KYC compliant.
- RIA/MFD: You can also invest through a Registered Investment Adviser or Mutual Fund distributor registered with SEBI/AMFI.
- Industry Portal: You can also invest through MF Utility or MF Central portals.
- Do consult your financial advisor before investing to understand if the fund fits into your risk profile.
- You can invest in lumpsum as well as through the SIP mode.
- The minimum application amount is Rs 5,000 for a lump sum and Rs 1,000 for additional investment.
- You need to commit at least 5 instalments (monthly or quarterly) of Rs 1,000 per instalment through SIP.
Investing through SIP helps you accumulate more units when markets fall. You can decide to allocate lumpsum or SIP as per your cash flows. When market valuations are high, it is advisable to stagger your investments in an Equity Fund.
- SIP: Any date of the month or quarter, as applicable.
- STP: Daily, Weekly, Monthly and Quarterly. 5 instalments of Rs.1,000/- and in multiples of Rs.1/-.
- SWP: Monthly, Quarterly and Annually.
Investments redeemed on or after 23rd July 2024.
- Holding Period (To qualify for LTCG): 12 months
- Short Term Capital Gains Tax: 20%
- Long Term Capital Gains Tax: 12.5% (with an exemption up to INR 1.25 lakhs)
Plus surcharge and cess as may be applicable on the above rates.
- Capital appreciation over long run.
- To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of mid cap companies.
- Degree of risk – VERY HIGH.
The risk of the Benchmark is
Very High
The risk of the Benchmark is Very High
