Fund Details
PGIM India Insta Cash Fund Direct Plan Annual Bonus
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.14% |
| NAV | ₹149.00 (11 Jun 2019) |
|---|---|
| Fund Started | 11 Dec 2013 |
| Fund Size | ₹570 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Lower expense ratio - 0.05%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Oil Corpn. Ltd. | Energy | CP | 8.3% |
| Reserve Bank of India | Financial | T-Bills | 8.3% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 6.9% |
| TV18 Broadcast Ltd. | Services | CP | 5.5% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Aditya Birla Housing Finance Ltd. | Financial | CP | 5.5% |
| Larsen & Toubro Ltd. | Construction | CP | 5.5% |
| Volkswagen Finance Pvt. Ltd. | Financial | CP | 5.5% |
| GOI | Sovereign | GOI Sec | 5.0% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.6% |
Fund Managers
PGIM India Insta Cash Fund Direct Plan Annual Bonus Details
PGIM India Insta Cash Fund Direct Plan Annual Bonus is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 11 Dec 2013. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Insta Cash Fund Direct Plan Annual Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹570 Cr and the Latest NAV as of 11 Jun 2019 is ₹149.00.
The PGIM India Insta Cash Fund Direct Plan Annual Bonus is rated Low risk. Minimum SIP Investment is set to 1000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Investment Objective
The scheme aims to generate steady returns with high liquidity by investing in a portfolio of short-term , high quality money market and debt instruments. The fund would invest atleast 80% of the corpus in instruments with average maturity upto one year upto 20% of the corpus in instruments with average maturity greater than an year.
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.
