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Home>Mutual Funds>PGIM India Mutual Fund>PGIM India Banking & PSU Debt Fund Direct IDCW Monthly

PGIM India Banking & PSU Debt Fund Direct IDCW Monthly

Debt
Banking and PSU
Low to Moderate Risk
Payout
8.50%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Mar 2021₹10.93
Min. SIP amount₹1,000
Rating3
Fund size₹97.73Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.6%8.5%7.5%8.4%
Category average4.4%8.4%7.7%NA
Rank with in category358NA
Understand terms

Holdings (17)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec13.2%
EnergyBonds/NCD8.9%
Nuclear Power Corpn. Of India Ltd.
EnergyDebenture8.0%
ServicesBonds6.4%
National Bank For Agriculture & Rural Development
FinancialDebenture6.4%
Axis Bank Ltd.
FinancialCD6.3%
FinancialDebenture3.9%
EnergyDebenture3.8%
National Housing Bank
FinancialNCD3.3%
FinancialAdditional Tier 1 Bo3.2%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

1Y and 3Y annualised returns higher than category average
Higher alpha: 6.05 The fund has generated returns higher than benchmark - CRISIL Banking and PSU Debt - in the last 3Y
Exit load is zero
Lower expense ratio: 0.33%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 78Cr. Funds with lower AUM tend to have higher expense ratio
5Y annualised returns lower than category average by 0.25%

Expense ratio, exit load and tax

Expense ratio: 0.33%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Puneet Pal
Dec 2017 - Present
View details
Ankur Murarka
Dec 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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