|Min SIP Amount||₹500|
|NAV||₹35.01 (07 Aug 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹37 Cr|
|HDFC Bank Ltd.||Financial||Fixed Deposits||14.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||7.6%|
|Bharti Airtel Ltd.||Communication||Equity||7.3%|
|HDFC Bank Ltd.||Financial||Equity||6.0%|
|Indusind Bank Ltd.||Financial||Equity||5.2%|
|Reliance Industries Ltd.||Energy||Equity||4.1%|
|Adani Enterprises Ltd.||Services||Equity||2.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||1.8%|
PGIM India Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹37 Cr and the Latest NAV as of 07 Aug 2020 is ₹35.01.
The PGIM India Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months.
The investment objective of the scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.
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.