| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.32% |
| NAV | ₹11.10 (29 Oct 2020) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹86 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.6% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 8.8% |
| GOI | Sovereign | GOI Sec | 6.0% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.0% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.0% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 5.8% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.8% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| REC Ltd. | Financial | Debenture | 4.8% |
| Axis Bank Ltd. | Financial | CD | 4.7% |
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 ₹86 Cr and the Latest NAV as of 29 Oct 2020 is ₹11.10.
The PGIM India Banking & PSU Debt Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income and capital appreciation by investing in money market and debt instruments issued by banks and public sector companies.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.