PGIM India Long Term Equity Fund Direct Growth+1.43%

3
3.46%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
All

Fund Details

PGIM India Long Term Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.37%
NAV14.85 (04 Aug 2020)
Fund Started11 Dec 2015
Fund Size304 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Long Term Equity Fund Direct Growth
3.5%
3.1%
NA
8.9%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
17
19
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.2%
    Infosys Ltd.TechnologyEquity6.4%
    ICICI Bank Ltd.FinancialEquity6.3%
    Reliance Industries Ltd.EnergyEquity6.3%
    Cipla Ltd.HealthcareEquity4.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.7%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity3.7%
    ITC Ltd.FMCGEquity3.4%
    Bharti Airtel Ltd.CommunicationEquity3.3%
    Larsen & Toubro Ltd.ConstructionEquity3.0%
    See All

    Fund Managers

    addAvinash Agarwal
    Education
    He has pursued B.Com (H) and PGDM from IIM-L.
    Experience
    Prior to joining PGIM India Mutual Fund he was associated with Sundaram Mutual Fund (Feb 2008-Jul 2016) as Assistant Fund Manager - Equities, Irevna Research (Aug 2006-Jan 2008) as a Manager in Investment Research and Aranca as a Research Analyst.
    Funds Managed

    PGIM India Long Term Equity Fund Direct Growth Details

    PGIM India Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 11 Dec 2015. Avinash Agarwal is the Current Fund Manager of PGIM India Long Term Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹304 Cr and the Latest NAV as of 04 Aug 2020 is ₹14.85.

    The PGIM India Long Term Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    The primary objective of the Scheme is 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. However, there is no assurance that the investment objective shall be realized.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About PGIM India Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    13 May 2010
    Website
    NA
    PGIM India Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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