Fund Details
PGIM India Ultra Short Term Direct Dividend weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹10.26 (19 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹327 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 8.6% |
| Reserve Bank of India | Financial | T-Bills | 8.3% |
| Reliance Industries Ltd. | Energy | CP | 5.8% |
| Reserve Bank of India | Financial | T-Bills | 5.3% |
| Axis Bank Ltd. | Financial | CD | 4.9% |
| Export-Import Bank Of India | Financial | CD | 4.3% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 4.3% |
| Power Finance Corpn. Ltd. | Financial | CP | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.3% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 4.1% |
Fund Managers
PGIM India Ultra Short Term Direct Dividend weekly Details
PGIM India Ultra Short Term Direct Dividend weekly 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 Dividend weekly fund.The fund currently has an Asset Under Management(AUM) of ₹327 Cr and the Latest NAV as of 19 Jan 2021 is ₹10.26.
The PGIM India Ultra Short Term Direct Dividend weekly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme aims to generate stable returns and provide liquidity 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.
