Fund Details
PGIM India Banking & PSU Debt Fund Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.78% |
| NAV | ₹18.92 (23 Nov 2020) |
|---|---|
| Fund Started | 08 Mar 2013 |
| Fund Size | ₹108 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Risk-adjusted returns are higher compared to the category
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk is higher compared to the benchmark
3. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 18.4% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 9.2% |
| Indian Oil Corpn. Ltd. | Energy | NCD | 6.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 4.8% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 4.7% |
| State Bank of India | Financial | Debenture | 4.6% |
| REC Ltd. | Financial | Debenture | 3.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.9% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 2.9% |
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 ₹108 Cr and the Latest NAV as of 23 Nov 2020 is ₹18.92.
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.
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.
