|Min SIP Amount||₹500|
|NAV||₹26.45 (12 Aug 2020)|
|Fund Started||04 Jul 2008|
|Fund Size||₹121 Cr|
|Reserve Bank of India||Financial||T-Bills||12.2%|
|Reliance Industries Ltd.||Energy||CP||8.8%|
|Mangalore Refinery & Petrochemicals Ltd.||Energy||CP||8.2%|
|Sikka Ports and Terminals Ltd.||Energy||Bonds/NCD||8.2%|
|Axis Bank Ltd.||Financial||CD||8.2%|
|ICICI Bank Ltd.||Financial||CD||6.5%|
|Power Finance Corpn. Ltd.||Financial||Bonds||4.5%|
|Bajaj Finance Ltd.||Financial||Debenture||4.3%|
|HDB Financial Services Ltd.||Financial||Bonds/Deb||4.2%|
PGIM India Ultra Short Term Growth is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 04 Jul 2008. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Ultra Short Term Growth fund.The fund currently has an Asset Under Management(AUM) of ₹121 Cr and the Latest NAV as of 12 Aug 2020 is ₹26.45.
The PGIM India Ultra Short Term Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.