Fund Details
PGIM India Credit Risk Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.59% |
| NAV | ₹16.04 (26 Jul 2021) |
|---|---|
| Fund Started | 29 Sep 2014 |
| Fund Size | ₹45 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Oriental Nagpur Betul Highway Ltd. | Construction | Debenture | 11.1% |
| GOI | Sovereign | GOI Sec | 10.9% |
| REC Ltd. | Financial | Bonds | 10.3% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 8.9% |
| JM Financial Credit Solutions Ltd. | Financial | Debenture | 8.8% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 6.6% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 5.8% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 3.4% |
| Canara Bank | Financial | Additional Tier 1 Bo | 0.5% |
Fund Managers
PGIM India Credit Risk Fund Direct Growth Details
PGIM India Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 29 Sep 2014. Kumaresh Ramakrishnan is the Current Fund Manager of PGIM India Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 26 Jul 2021 is ₹16.04.
The PGIM India Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within one year.
Investment Objective
The Scheme seek to generate income and capital appreciation by investing predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds).
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.
