PGIM India Low Duration Fund Institutional Dividend Monthly is a Debt Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 14 Mar 2016. Kumaresh Ramakrishnan is the Current Fund Manager of PGIM India Low Duration Fund Institutional Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹126 Cr and the Latest NAV as of 11 Dec 2019 is ₹9.39.
The PGIM India Low Duration Fund Institutional Dividend Monthly is rated Moderate risk. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The objective of the fund is to generate regular income by investing primarily in investment grade fixed income securities / money market instruments. There can be no assurance that the investment objective of the Scheme will be realized.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment