Fund Details
PGIM India Low Duration Fund Institutional IDCW Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.09% |
| NAV | ₹9.77 (11 May 2021) |
|---|---|
| Fund Started | 14 Mar 2016 |
| Fund Size | ₹49 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 20.0% |
| Oriental Nagpur Betul Highway Ltd. | Construction | Debenture | 19.5% |
| GOI | Sovereign | GOI Sec | 19.5% |
| L&T Finance Ltd. | Financial | NCD | 9.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 7.5% |
| JM Financial Products Ltd. | Financial | Debenture | 4.7% |
| REC Ltd. | Financial | Bonds | 4.3% |
| REC Ltd. | Financial | Bonds | 1.0% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 1.0% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 0.6% |
Fund Managers
PGIM India Low Duration Fund Institutional IDCW Monthly Details
PGIM India Low Duration Fund Institutional 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 is the Current Fund Manager of PGIM India Low Duration Fund Institutional IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹49 Cr and the Latest NAV as of 11 May 2021 is ₹9.77.
The PGIM India Low Duration Fund Institutional IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
Investment Objective
The Scheme seeks to generate income through investment primarily in low duration debt & money market securities.
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.
