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PGIM India Global Equity Opportunities Fund Direct Growth

PGIM India Global Equity Opportunities Fund Direct Growth

Equity

Direct

Global - Other

About the Fund

PGIM India Global Equity Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

PGIM India Global Equity Opportunities Fund Direct Growth has ₹1422 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
The fund has an expense ratio 1.4.

Returns

PGIM India Global Equity Opportunities Fund Direct Growth has given a CAGR return of 10.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.87%, 3.38% and 16.96% respectively.

Holdings

PGIM India Global Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Health, Communication, Industrial, Consumer Defensive, Financial Services. Its top holdings are PGIM Jennison Global Eq Opps USD I Acc

Taxation

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of PGIM India Global Equity Opportunities Fund Direct Growth

The primary investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of units of overseas mutual funds. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Global Equity Opportunities Fund Direct Growth has no lock in period.

Fund Performance

1374 people have invested ₹ 82.9L in PGIM India Global Equity Opportunities Fund Direct Growth in the last three months

Fund Overview

Expense ratio	1.44%
Benchmark	MSCI ACWI NR USD
AUM	₹1422 Cr
Inception Date	1 January, 2013
Min Lumpsum/SIP	₹5000/₹1000
Exit Load	0.5%
Lock In	No Lock-in
TurnOver	11.77%
Risk	Very High Risk

Fund Distribution
as on (31-Dec-69)

Equity 96.8%
Debt & Cash 3.3%

Large cap

0.6%

Sector Allocation

Jun'24

May'24

Apr'24

Tech

37.7%

Consumer Cyclical

26.6%

Health

10.8%

Communication

8.6%

Industrial

5.6%

Consumer Defensive

5.5%

Financial Services

5.2%

as on (30-Jun-24)

Debt & Cash

Holdings	Weight%		1M Change
PGIM Jennison Global Eq Opps USD I Acc	98.83%		-1.8%

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
PGIM India Global Equity Opportunities Fund Direct Growth	24.9%	3.4%	17%	10.5%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth	53.7%	21.8%	-	25.9%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth	30.9%	13.4%	24.2%	24.4%
Kotak NASDAQ 100 Fund of Fund Direct Growth	27.5%	13%	-	15.3%

See all

Mutual Fund Insights

In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 53.7% return, outperforming this fund by 28.83%.

In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 21.81% return, outperforming this fund by 18.43% per annum.

Over the last 6 months, this fund has increased expense ratio by 0.7% moving from 1.43 to 1.44.

In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 24.23% return, outperforming this fund by 7.27% per annum.

PGIM India Global Equity Opportunities Fund Direct Growth Highlights

Very High Risk

Investors understand that their principal will be at Very High Risk

About the fund

This fund has delivered an average annual returns of 10.49% since inception which is more than its category average return of 8.11%

Fund Allocations

This fund has an allocation of 96.75% in Equity, 0% in Debt and 3.25% in Cash related instruments

AUM size ₹1422 Cr

This fund has AUM of ₹1422 Cr which is more than its category average of ₹ 520 Cr

Expense Ratio 1.44%

This fund has an expense ratio of 1.44% which is more than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of PGIM India Global Equity Opportunities Fund Direct Growth is ₹44.84 as on 24-Jul-2024.

Existing (Absolute + CAGR) as on 24-Jul-2024.

PGIM India Global Equity Opportunities Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	-3.74%	-3.74%
6 Month Returns	10.01%	10.01%
1 Year Returns	24.87%	24.87%
3 Years Returns	10.47%	3.38%
5 Years Returns	118.84%	16.96%

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1.44% as on June 2024

₹1422 Cr as on June 2024

Tech(36.45%), Consumer Cyclical(25.76%), Health(10.42%) as on June 2024

The alpha ratio for the PGIM India Global Equity Opportunities Fund Direct Growth for various period is as follows:

Fund Name	Alpha 1 Year	Alpha 3 Years	Alpha 5 Years
PGIM India Global Equity Opportunities Fund Direct Growth	7.17	-3.71	3.4

As on June 2024

The alpha for PGIM India Global Equity Opportunities Fund Direct Growth is calculated against MSCI ACWI NR USD. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

The Beta ratio for the PGIM India Global Equity Opportunities Fund Direct Growth for various period is as follows:

Fund Name	Beta 1 Year	Beta 3 Years	Beta 5 Years
PGIM India Global Equity Opportunities Fund Direct Growth	1.11	1.22	1.1

As on June 2024

The Beta for PGIM India Global Equity Opportunities Fund Direct Growth is calculated with MSCI ACWI NR USD. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

The sharpe ratio for the PGIM India Global Equity Opportunities Fund Direct Growth for various period is as follows:

Fund Name	Sharpe Ratio 1 Year	Sharpe Ratio 3 Years	Sharpe Ratio 5 Years
PGIM India Global Equity Opportunities Fund Direct Growth	1.22	0.09	0.65

As on June 2024

The sharpe ratio for PGIM India Global Equity Opportunities Fund Direct Growth is calculated with MSCI ACWI NR USD. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

The standard deviation for the PGIM India Global Equity Opportunities Fund Direct Growth for various period is as follows:

Fund Name	Standard Deviation 1 Year	Standard Deviation 3 Years	Standard Deviation 5 Years
PGIM India Global Equity Opportunities Fund Direct Growth	18.15	22.31	22.28

As on June 2024

Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

Sortino ratio is 0.13 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

The Exit load of PGIM India Global Equity Opportunities Fund Direct Growth is 0.5%

PGIM India Global Equity Opportunities Fund Direct Growth