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PGIM India Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
0.33%
1M return
+0.02% 1D
1M
6M
1Y
All
NAV: 28 Jan 2022₹1,085.98
Min. SIP amount₹1,000
Rating2
Fund size₹81.42Cr

Returns and rankings

Category: Debt Money Market
Absolute returns
3M6M1YAll
Fund returns1.0%1.9%3.8%8.6%
Category averageNANA3.7%NA
Rank with in category8612NA
Understand terms

Holdings (9)

NameSectorInstrumentAssets
Kerala State
OthersSDL18.9%
Kerala State
OthersSDL12.5%
FinancialCP12.2%
LIC Housing Finance Ltd.
FinancialCP12.0%
ServicesCP11.0%
Gujarat State
OthersSDL6.3%
Kerala State
OthersSDL6.2%
Jammu & Kashmir State
OthersSDL6.2%
Reserve Bank of India
FinancialT-Bills6.1%

Pros and cons

Category: Debt Money Market

Pros

Exit load is zero
Lower expense ratio: 0.16%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 81Cr. Funds with lower AUM tend to have higher expense ratio
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Kunal Jain
Feb 2020 - Present
View details
Ankit Shah
Dec 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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