| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.30% |
| NAV | ₹27.13 (22 Oct 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹162 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.9% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 7.9% |
| Tata Capital Financial Services Ltd. | Financial | CP | 6.8% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.7% |
| REC Ltd. | Financial | Bonds | 6.3% |
| Mangalore Refinery & Petrochemicals Ltd. | Energy | CP | 6.2% |
| Axis Bank Ltd. | Financial | CD | 6.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 6.1% |
| Network 18 Media & Investments Ltd. | Services | CP | 6.1% |
| Sikka Ports and Terminals Ltd. | Energy | Bonds/NCD | 6.0% |
PGIM India Ultra Short Term Direct Growth is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Ultra Short Term Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹162 Cr and the Latest NAV as of 22 Oct 2020 is ₹27.13.
The PGIM India Ultra Short Term Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.