PGIM India Banking & PSU Debt Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by DHFL Pramerica 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 ₹55 Cr and the Latest NAV as of 04 Jun 2020 is ₹10.90.
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.
Investment Objective
The investment objective is to generate Objective income and capital appreciation by investing in money market and debt instruments issued by banks and public sector Companies. There can be no assurance that the investment objective of the Scheme will be realized.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment