Fund Details
PGIM India Banking & PSU Debt Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.75% |
| NAV | ₹18.92 (04 Mar 2021) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹102 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.9% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 9.8% |
| National Highways Authority of India Ltd. | Services | NCD | 9.6% |
| HDFC Bank Ltd. | Financial | Bonds | 6.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.1% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.0% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.0% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| State Bank of India | Financial | Debenture | 4.9% |
| State Bank of India | Financial | Bonds | 4.0% |
Fund Managers
PGIM India Banking & PSU Debt Fund Growth Details
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 ₹102 Cr and the Latest NAV as of 04 Mar 2021 is ₹18.92.
The PGIM India Banking & PSU Debt Fund Growth 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.
