Fund Details
PGIM India Banking & PSU Debt Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹10.93 (05 Mar 2021) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹98 Cr |
Returns
Comparison
1. Lower expense ratio - 0.33%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| REC Ltd. | Financial | Debenture | 9.6% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 9.1% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 8.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.4% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Debenture | 6.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 6.4% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.4% |
| Axis Bank Ltd. | Financial | 4.3% | |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 3.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.3% |
Fund Managers
PGIM India Banking & PSU Debt Fund Direct IDCW Monthly Details
PGIM India Banking & PSU Debt Fund Direct IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹98 Cr and the Latest NAV as of 05 Mar 2021 is ₹10.93.
The PGIM India Banking & PSU Debt Fund Direct IDCW 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.
