|
Fund Details |
|
|
Launch Date |
02-Dec-2013 |
|
Fund Manager |
Mr. Aniruddha Naha |
|
AUM (in. Cr) |
Rs. 4,887 |
|
Benchmark |
BSE 150 Mid-cap TRI |
|
Expense Ratio (Regular Fund) |
2.14% |
|
Expense Ratio (Direct Fund) |
0.46% |
|
Investment Style |
Aggressive |
|
Minimum Investment |
|
|
Min. Investment |
Rs.5,000 |
|
Min. Additional Investment |
Rs.1,000 |
|
Min. SIP Amount |
Rs.1,000 |
PGIM India Midcap Opportunities Fund (PIMCF) is a mid-cap fund, as per the Securities and Exchanges Board of India (SEBI), a mid-cap fund Should invest a minimum 65% of total assets in equity and related securities of mid-cap companies and 35% of total assets are invested as per the fund manager’s view.
PIMCF is managed by Mr. Aniruddha Naha, an MFC (Masters of Finance and Control) and he started working as a fund manager in PGIM India in April 2018. Prior to this, he has worked with Avendus and IDFC AMC
The fund is suitable for investors who are seeking capital appreciation for a minimum period ranging from 3 to 7 years or more and have the ability to hold on to their investments in the fund during market cycles.
Exit Load: The fund has an exit load of 0.5% for the units redeemed from the investment within 90 days.
The top 10 Stocks and sectors are as follows:
|
S. No: |
Stocks |
Allocation |
Sectors |
Allocation |
|
1 |
Persistent Systems |
4.74% |
Capital Goods |
16.49% |
|
2 |
Cummins India |
3.72% |
Financials |
11.60% |
|
3 |
ABB India |
3.44% |
Technology |
10.64% |
|
4 |
The Federal bank |
3.39% |
Healthcare |
10.58% |
|
5 |
HDFC Bank |
3.38% |
Automobile |
9.17% |
|
|
Top 5 stocks |
18.67% |
Top 5 Sectors |
58.48% |
|
6 |
Dalmia Bharat |
3.37% |
Chemicals |
8.47% |
|
7 |
TVS Motors |
3.20% |
Materials |
8.19% |
|
8 |
Timken India |
3.06% |
Services |
5.69% |
|
9 |
Ashok Leyland |
3.00% |
Consumer Staples |
5.08% |
|
10 |
Sanofi India |
2.86% |
Metals & mining |
3.95% |
|
|
Top 10 Stocks |
34.16% |
Top 10 Sectors |
90.13% |
|
Portfolio Details |
|
|
Total No: of Stocks |
50 |
|
Turnover Ratio |
117% |
|
Top 10 Stocks |
34.16% |
|
Top Sector |
Capital Goods |
|
Top Sector Allocation |
26.51% |
|
Allocation across Market caps |
|
|
Giant |
4.81% |
|
Large |
6.68% |
|
Mid |
75.11% |
|
Small |
13.40% |
High Turnover Ratio, Low-to-Moderate stocks concentration, and Enhanced return from exposure to mid & small-cap stocks
The current number of stocks in the PIMCF is 50. The fund has a turnover ratio of 117%, indicating a high churning and frequent change in its investments.
The top 5 stocks in the portfolio of PIMCF constitute only about 18.67% of the total portfolio and the top 10 stocks allocated in the portfolio is about 34.16%, which is very low.
This low to moderate asset allocation to the top 10 constituents of the portfolio leads to less dependency on the performance of top allocated stocks for the fund to deliver decent returns.
Exposure to small-cap stocks in the portfolio is at 13.40%. This exposure to small-cap stocks enhances the fund’s ability to generate returns during the uptrends of the market. However, increased volatility is also expected due to the same.
|
Returns |
6 – Months |
1 – year |
3 – Years |
5 – years |
Alpha (3 years) |
|
PIMCF |
-1.49% |
39.27% |
33.40% |
18.40% |
3.43 |
|
BSE 150 Midcap TRI |
-3.20% |
32.32% |
23.17% |
15.83% |
- |
|
BSE 500 TRI |
1.78% |
25.40% |
18.10% |
15.18% |
- |
|
Risk Profile |
Std. Dev |
Beta |
Sharpe |
|
PIMCF |
24.63% |
0.95 |
1.13 |
|
BSE 150 Midcap TRI |
24.83% |
- |
0.79 |
|
BSE 500 TRI |
21.81% |
- |
0.68 |
|
|
AUM (In Cr) |
1 – year Return |
3 – Year Returns |
5 – year |