Fund Details
PGIM India Insta Cash Fund Direct Plan IDCW Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.13% |
| NAV | ₹107.90 (24 Jun 2021) |
|---|---|
| Fund Started | 14 Mar 2016 |
| Fund Size | ₹669 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 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 |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.2% |
| Kotak Securities Ltd. | Services | CP | 11.1% |
| Reserve Bank of India | Financial | T-Bills | 8.9% |
| Sikka Ports and Terminals Ltd. | Energy | Bonds/NCD | 7.5% |
| Bank Of Baroda | Financial | CD | 7.5% |
| Indian Oil Corpn. Ltd. | Energy | CP | 7.5% |
| Berger Paints India Ltd. | Chemicals | CP | 7.4% |
| TV18 Broadcast Ltd. | Services | CP | 7.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
Fund Managers
PGIM India Insta Cash Fund Direct Plan IDCW Monthly Details
PGIM India Insta Cash Fund Direct Plan IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹669 Cr and the Latest NAV as of 24 Jun 2021 is ₹107.90.
The PGIM India Insta Cash Fund Direct Plan IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. 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.
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.
