| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.14% |
| NAV | ₹107.94 (22 Sep 2020) |
|---|---|
| Fund Started | 14 Mar 2016 |
| Fund Size | ₹815 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 7.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.4% |
| Mangalore Refinery & Petrochemicals Ltd. | Energy | CP | 7.3% |
| Reserve Bank of India | Financial | T-Bills | 6.1% |
| Axis Bank Ltd. | Financial | CD | 6.1% |
| ONGC Mangalore Petrochemicals Ltd | Chemicals | CP | 6.1% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 6.1% |
| Reserve Bank of India | Financial | T-Bills | 6.1% |
| TV18 Broadcast Ltd. | Services | CP | 6.1% |
PGIM India Insta Cash Fund Direct Plan Dividend Monthly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 14 Mar 2016. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Insta Cash Fund Direct Plan Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹815 Cr and the Latest NAV as of 22 Sep 2020 is ₹107.94.
The PGIM India Insta Cash Fund Direct Plan Dividend Monthly is rated Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.