PGIM India Banking & PSU Debt Fund Direct Bonus-0.03%

10.36%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Banking & PSU Debt Fund Direct Bonus

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.32%
NAV15.00 (31 Jan 2018)
Fund Started02 Apr 2013
Fund Size86 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Banking & PSU Debt Fund Direct Bonus
10.4%
9.0%
8.8%
9.1%
Category Average
9.7%
8.4%
8.4%
-
Rank within category
10
10
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.4% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.32%
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills11.6%
    Indian Oil Corpn. Ltd.EnergyDebenture8.8%
    GOISovereignGOI Sec6.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.0%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.0%
    Power Grid Corporation of India Ltd.EnergyBonds5.8%
    Power Finance Corpn. Ltd.FinancialDebenture5.8%
    Reserve Bank of IndiaFinancialT-Bills5.8%
    REC Ltd.FinancialDebenture4.8%
    Axis Bank Ltd.FinancialCD4.7%
    See All

    Fund Managers

    addPuneet Pal
    Education
    Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
    Experience
    Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
    Funds Managed

    PGIM India Banking & PSU Debt Fund Direct Bonus Details

    PGIM India Banking & PSU Debt Fund Direct Bonus is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 02 Apr 2013. Puneet Pal is the Current Fund Manager of PGIM India Banking & PSU Debt Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹86 Cr and the Latest NAV as of 31 Jan 2018 is ₹15.00.

    The PGIM India Banking & PSU Debt Fund Direct Bonus is rated Moderately Low risk. Minimum SIP Investment is set to 500.

    Investment Objective

    The scheme seeks to generate income and capital appreciation by investing in money market and debt instruments issued by banks and public sector companies.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About PGIM India Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    13 May 2010
    Website
    NA
    PGIM India Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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