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This Mid Cap Fund SIP Has Given Over 102% Returns, SIP Starts With Rs 1000

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Investing using a systematic investment plan (SIP) is a gradual but reliable approach to overcome market volatility without having to worry about market timing. With the benefits of disciplined investing without having to worry about market volatility, and the capacity to compound money over time, mutual fund enthusiasts are increasingly investing in equity mutual funds through systematic investment plans (SIPs). Here, we have given one mid-cap mutual fund sip return performance over the year. Interestingly, this fund has given more than 10.2% returns on 5-year continuous SIP. Check details here!

 

PGIM India Midcap Opportunities Fund - Direct Plan-Growth

PGIM India Midcap Opportunities Fund - Direct Plan-Growth

It's an open-ended equity mid-cap mutual fund, launched on 02 December 2013 by the PGIM India Mutual Funds. It is a medium-sized fund investment fund of its category. The fund's Assets Under Management are worth Rs 4359.63 Crore. Whereas the fund's current NAV (Net Asset Value) as of 14th March 2022 is Rs 44.97. Fund's expense ratio is below its category average expense ratio is 0.42%. It is a highly risky mutual fund, however, it has been given 5 stars by the CRISIL.
This fund is best suited to investors who wish to put their money in for at least three to four years and expect a strong return. Long-term investments in this portfolio have the potential to beat inflation and fixed-income returns. With Rs 5,000, you may begin a one-time investment in this fund.

Returns and Performance
 

Returns and Performance

Annualised Returns

The fund has delivered a good performance among its peers over the years. The returns it had given over the years are better than its category average. 

TenureAbsolute ReturnsAnnualised Returns
1 Year30.84%30.65%
2 Year145.74%56.66%
3 Year137.69%33.42%
5 Year152.93%20.38%
Since Inception349.70%19.90%

SIP Return

It has delivered promising returns on SIP for 5 years of continuous investment. On 5-years SIP investment it has given 28.64% annualized returns. 

TenureAbsolute ReturnsAnnualised Returns
1 Year6.18%11.68%
2 Year53.76%47.73%
3 Year83.38%43.68%
5 Year102.33%28.64


Source- Money Control

Portfolio

Portfolio

The fund has 95.16 percent of its assets in Indian equities and the remainder in other securities. Fund's equities investments are further divided into different cap firms, with 10.23 percent in large caps, 41.29 percent in mid-caps, and 30.77 percent in small-caps. The Capital Goods, Financial, Healthcare, Automobile, and Technology sectors account for the majority of the fund's holdings. When compared to other funds in the category, it has less exposure to the Capital Goods and Financial sectors. Persistent Systems Ltd., Odisha Cement Ltd., ABB Ltd., NIIT Technologies Ltd., and Timken India Ltd. are the fund's top five holdings.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Read more about: mutual fund sip investment
Story first published: Tuesday, March 15, 2022, 20:35 [IST]
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