|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹27.70 (12 May 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹513 Cr|
|Axis Bank Ltd.||Financial||CD||9.1%|
|L&T Finance Ltd.||Financial||NCD||6.2%|
|Power Finance Corpn. Ltd.||Financial||Debenture||5.9%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.9%|
|Reserve Bank of India||Financial||T-Bills||5.8%|
|TV18 Broadcast Ltd.||Services||CP||5.7%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||4.8%|
|Aditya Birla Finance Ltd.||Financial||Debenture||4.6%|
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 ₹513 Cr and the Latest NAV as of 12 May 2021 is ₹27.70.
The PGIM India Ultra Short Term Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. 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.