October 30, 2024
mayank
Review of PGIM India Healthcare Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of BSE Healthcare TRI
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 51019.94 | 2.46% | 19.58% | 40.95% | 56.09% | 20.03% | 29.61% | 12.61% |
| PRICE RETURNS | 44235.58 | 2.45% | 19.20% | 40.21% | 55.23% | 19.24% | 28.77% | 11.91% |
Risk
| ANNUALIZED RISK | ANNUALIZED RISK-ADJUSTED RETURNS | ||||
| 3 YRS | 5 YRS | 10 YRS | 3 YRS | 5 YRS | 10 YRS |
| 15.90% | 18.80% | 18.13% | 1.20 | 1.53 | 0.66 |
Fundamentals (As On 30-September-2024)
| PE | PB | DIV YIELD |
| 47.20 | 6.51 | 0.46 |
Index Characteristics
| NUMBER OF CONSTITUENTS | 99 |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | 28330.17 |
| LARGEST TOTAL MARKET CAP | 462172.54 |
| SMALLEST TOTAL MARKET CAP | 953.06 |
| MEDIAN TOTAL MARKET CAP | 9910.21 |
| WEIGHT LARGEST CONSTITUENT [%] | 15.96 |
| WEIGHT TOP 10 CONSTITUENTS [%] | 57.94 |
Note on Benchmark Performance:
10-year return stands at 12.61% per month. However, it’s important to recognize that this is a sectoral fund. While the short-term performance may be strong, we should expect more moderate returns in the long run.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Anandha Padmanabhan Anjeneyan
| Fund | PGIM India Flexi Cap Fund | It’s Benchmark | PGIM India Equity Savings Fund | It’s Benchmark |
| 1 Year | 31.12 | 35.63 | 10.43 | 17.11 |
| 3 Year | 11.21 | 15.04 | 6.77 | 8.56 |
| 5 Year | 23.26 | 20.58 | 8.57 | 10.15 |
| 7 Year | 17.32 | 15.56 | 8.31 | 9.28 |
| 10 Year | — | — | 9.25 | 9.10 |
As on 25-10-2024
Past Performance of Utsav Mehta
| Fund | PGIM India Large and Mid Cap Fund | It’s Benchmark | PGIM India ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | — | — | 28.28 | 35.63 |
| 3 Year | — | — | 14.25 | 15.04 |
| 5 Year | — | — | 20.22 | 20.58 |
| 7 Year | — | — | 15.50 | 15.56 |
| 10 Year | — | — | — | — |
As on 25-10-2024
Past Performance of Vivek Sharma
| Fund | PGIM India ELSS Tax Saver Fund | It’s Benchmark | PGIM India Equity Savings Fund | It’s Benchmark |
| 1 Year | 28.28 | 35.63 | 10.43 | 17.11 |
| 3 Year | 14.25 | 15.04 | 6.77 | 8.56 |
| 5 Year | 20.22 | 20.58 | 8.57 | 10.15 |
| 7 Year | 15.50 | 15.56 | 8.31 | 9.28 |
| 10 Year | — | — | 9.25 | 9.10 |
As on 25-10-2024
Past Performance of Vivek Sharma
| Fund | PGIM India Balanced Advantage Fund | It’s Benchmark | PGIM India Equity Savings Fund | It’s Benchmark |
| 1 Year | 22.11 | 25.71 | 10.43 | 17.11 |
| 3 Year | 11.30 | 11.10 | 6.77 | 8.56 |
| 5 Year | — | — | 8.57 | 10.15 |
| 7 Year | — | — | 8.31 | 9.28 |
| 10 Year | — | — | 9.25 | 9.10 |
As on 25-10-2024
Note on Fund Managers’ performance
When a person makes an investment in any instrument, one has to estimate the returns. The fund managers design the investment portfolio. The past performance of the fund managers can give an hint whether they will design profitable portfolio for this NFO or not. In the case of this NFO, the past performance of the fund managers (based on the schemes managed by them-randomly selected) indicate not so impressive picture. Most of the schemes as have provided not so impressive returns (as mentioned above).
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.