Fund Details
PGIM India Insta Cash Fund Direct Plan Dividend Monthly
| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.14% |
| NAV | ₹107.92 (25 Nov 2020) |
|---|---|
| Fund Started | 14 Mar 2016 |
| Fund Size | ₹659 Cr |
Returns
as per Historical 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 |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.6% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 9.4% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 7.7% |
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| TV18 Broadcast Ltd. | Services | CP | 7.5% |
| Aditya Birla Housing Finance Ltd. | Financial | CP | 7.5% |
| Reliance Industries Ltd. | Energy | CP | 7.3% |
| L&T Infrastructure Finance Co. Ltd. | Financial | CP | 6.8% |
| Reliance Industries Ltd. | Energy | Bonds/Deb | 3.8% |
| GOI | Sovereign | CGL | 3.8% |
Fund Managers
PGIM India Insta Cash Fund Direct Plan Dividend Monthly Details
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 ₹659 Cr and the Latest NAV as of 25 Nov 2020 is ₹107.92.
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.
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.
