|Min SIP Amount||₹1000|
|NAV||₹21.92 (14 Jan 2021)|
|Fund Started||11 Aug 2016|
|Fund Size||₹109 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.8%|
|Reliance Industries Ltd.||Energy||Equity||9.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||6.0%|
|Bajaj Finance Ltd.||Financial||Equity||5.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.2%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.5%|
PGIM India Hybrid Equity Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 11 Aug 2016. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Hybrid Equity Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹109 Cr and the Latest NAV as of 14 Jan 2021 is ₹21.92.
The PGIM India Hybrid Equity Fund Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days
The scheme aims to generate capital appreciation and income from a portfolio of equity and equity related securities as well as fixed income securities.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.