Fund Details
PGIM India Banking & PSU Debt Fund Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.29% |
| NAV | ₹11.04 (25 Jan 2021) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹107 Cr |
Returns
Comparison
1. Lower expense ratio - 0.32%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 11.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 9.4% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 9.4% |
| Indian Oil Corpn. Ltd. | Energy | NCD | 7.1% |
| GOI | Sovereign | GOI Sec | 4.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.9% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 4.8% |
| State Bank of India | Financial | Debenture | 4.7% |
| REC Ltd. | Financial | Debenture | 3.9% |
Fund Managers
PGIM India Banking & PSU Debt Fund Direct Dividend Monthly Details
PGIM India Banking & PSU Debt Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 08 Mar 2013. Puneet Pal is the Current Fund Manager of PGIM India Banking & PSU Debt Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹107 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.04.
The PGIM India Banking & PSU Debt Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
