PGIM India Ultra Short Term Direct Monthly Bonus is a Debt Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 22 Apr 2013. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Ultra Short Term Direct Monthly Bonus.The fund currently has an Asset Under Management(AUM) of ₹57 Cr and the Latest NAV as of 31 Jan 2018 is ₹12.53.
The PGIM India Ultra Short Term Direct Monthly Bonus is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The primary objective of the scheme is to provide liquidity and generate stable returns by investing in a mix of short term debt and money market instruments.
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