|Min SIP Amount||₹1000|
|NAV||₹15.35 (27 Jan 2021)|
|Fund Started||20 Aug 2014|
|Fund Size||₹40 Cr|
|PGIM India Insta Cash Fund Direct Plan-Growth||Financial||Mutual Fund||10.1%|
|Indusind Bank Ltd.||Financial||Equity||8.1%|
|HDFC Bank Ltd.||Financial||Equity||5.4%|
|Bharti Airtel Ltd.||Communication||Equity||4.5%|
|State Bank of India||Financial||Equity||3.3%|
|Reliance Industries Ltd.||Energy||Equity||3.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.1%|
|Glenmark Pharmaceuticals Ltd.||Healthcare||Equity||2.3%|
PGIM India Equity Savings Fund Direct Dividend Yearly is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 20 Aug 2014. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Equity Savings Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 27 Jan 2021 is ₹15.35.
The PGIM India Equity Savings Fund Direct Dividend Yearly is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.