Home>Mutual Funds>PGIM India Mutual Fund>PGIM India Money Market Fund Direct Growth
shareSHARE

PGIM India Money Market Fund Direct Growth+0.03%

3.94%
1 Year Return
Debt
Money Market
6M
1Y
All

Fund Details

PGIM India Money Market Fund Direct Growth

RiskLow to Moderate
Min SIP Amount₹1000
Expense Ratio0.11%
NAV₹1061.20 (21 Jun 2021)
Fund Started05 Mar 2020
Fund Size98 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.9%
-
-
5.0%
Category Average
4.9%
6.5%
6.7%
-
Rank Within Category
13
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 3.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.11%
2. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Export-Import Bank Of IndiaFinancialCD12.3%
L&T Finance Ltd.FinancialCP10.2%
National Bank For Agriculture & Rural DevelopmentFinancialCP10.2%
Axis Bank Ltd.FinancialCD9.0%
Network 18 Media & Investments Ltd.ServicesCP8.9%
Housing Development Finance Corpn. Ltd.-WarrantFinancialCP8.1%
West Bengal StateOthersSDL5.3%
Tamilnadu StateOthersSDL5.2%
Andhra Pradesh StateOthersSDL5.2%
Andhra Pradesh StateOthersSDL5.2%
See All

Fund Managers

Kumaresh Ramakrishnan
keyboard_arrow_down
Kunal Jain
keyboard_arrow_down

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 ₹98 Cr and the Latest NAV as of 21 Jun 2021 is ₹1061.20.

The PGIM India Money Market Fund Direct Growth is rated Low to Moderate 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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

Compare Funds

PGIM India Money Market Fund Direct Growth
VS
search

About PGIM India Mutual Fund

Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
Website
NA
PGIM India Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India