|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹10.08 (23 Jul 2021)|
|Fund Started||04 Jul 2008|
|Fund Size||₹542 Cr|
|Reserve Bank of India||Financial||T-Bills||6.6%|
|L&T Finance Ltd.||Financial||NCD||4.8%|
|Aditya Birla Finance Ltd.||Financial||ZCB||4.7%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.7%|
|Axis Bank Ltd.||Financial||CD||4.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.7%|
|TV18 Broadcast Ltd.||Services||CP||4.6%|
PGIM India Ultra Short Term IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹542 Cr and the Latest NAV as of 23 Jul 2021 is ₹10.08.
The PGIM India Ultra Short Term IDCW Weekly is rated Low to Moderate 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.