| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.78% |
| NAV | ₹18.57 (24 Sep 2020) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹83 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 11.7% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 9.1% |
| State Bank of India | Financial | NCD | 7.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.2% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.2% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 6.1% |
| GOI | Sovereign | GOI Sec | 6.0% |
| REC Ltd. | Financial | Debenture | 4.9% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.4% |
| Uttar Pradesh Power Corporation Ltd | Engineering | SO | 3.8% |
PGIM India Banking & PSU Debt Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹83 Cr and the Latest NAV as of 24 Sep 2020 is ₹18.57.
The PGIM India Banking & PSU Debt Fund Growth 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.