PGIM India Healthcare Fund Direct Growth

Equity
Sectoral
Very High Risk
Launch date19 Nov 2024
Allotment date06 Dec 2024
End date03 Dec 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 0.50%, if redeemed within 90 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Vivek Sharma
Nov 2024 - Present
View details

Education
Mr. Sharma is a PGDM Finance
Experience
Prior to joining PGIM India Asset Management Pvt. Ltd. - Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. - Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate - Investment Banking.
Also manages these schemes

Utsav Mehta
Nov 2024 - Present
View details

Education
Mr. Mehta has done B.Com and CFA
Experience
Prior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
Also manages these schemes

Fund house & investment objective

Rank (total assets)#26 in India
Total AUM₹25,129.68Cr
Date of Incorporation13 May 2010

PGIM India Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 13 May 2010. Puneet Pal is the Current Fund Manager of PGIM India Healthcare Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹25,130 Cr and the Latest NAV as of 26 Dec 2024 is ₹10.01. The PGIM India Healthcare Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.50%, if redeemed within 90 days. ;

Investment Objective

The scheme seek to generate consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. ;

Fund benchmarkBSE Healthcare Total Return Index

Fund house contact details

Address
204, 2nd Floor, Jalaram Business Centre,Ganjawala LaneNear Chamunda Circle, Borivali (W) Mumbai 400092
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
E-mail
NA
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