Fund Details
PGIM India Money Market Fund Direct Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.14% |
| NAV | ₹1045.22 (22 Jan 2021) |
|---|---|
| Fund Started | 05 Mar 2020 |
| Fund Size | ₹113 Cr |
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Capital Financial Services Ltd. | Financial | CP | 11.7% |
| Export-Import Bank Of India | Financial | CD | 10.4% |
| Power Finance Corpn. Ltd. | Financial | CP | 10.4% |
| National Bank For Agriculture & Rural Development | Financial | CD | 10.4% |
| Bank Of Baroda | Financial | CD | 8.7% |
| L&T Finance Ltd. | Financial | CP | 8.7% |
| Axis Bank Ltd. | Financial | CD | 8.6% |
| Reliance Industries Ltd. | Energy | CP | 8.5% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 6.9% |
| Reserve Bank of India | Financial | T-Bills | 6.4% |
Fund Managers
PGIM India Money Market Fund Direct Growth Details
PGIM India Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 05 Mar 2020. Kumaresh Ramakrishnan is the Current Fund Manager of PGIM India Money Market Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹113 Cr and the Latest NAV as of 22 Jan 2021 is ₹1045.22.
The PGIM India Money Market Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The Scheme seeks to deliver reasonable market related returns through investments in 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.
