PGIM India Money Market Fund Direct Growth+0.03%

0.00%
1 Year Return
Debt
Money Market
6M
All

Fund Details

PGIM India Money Market Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.15%
NAV1036.91 (26 Oct 2020)
Fund Started05 Mar 2020
Fund Size140 Cr

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
L&T Infrastructure Finance Co. Ltd.FinancialCP10.7%
Small Industries Devp. Bank of India Ltd.FinancialCP10.6%
Axis Bank Ltd.FinancialCD10.6%
Network 18 Media & Investments Ltd.ServicesCP10.6%
Union Bank of IndiaFinancialCD10.6%
Bank Of BarodaFinancialCD10.4%
National Bank For Agriculture & Rural DevelopmentFinancialCP9.9%
Tata Capital Financial Services Ltd.FinancialCP9.3%
Larsen & Toubro Ltd.ConstructionCP7.1%
Housing Development Finance Corpn. Ltd.FinancialCP7.0%
See All

Fund Managers

addKumaresh Ramakrishnan
Education
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Experience
Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
Funds Managed
addKunal Jain
Education
Mr. Jain is a B.Com and MBA (Marketing).
Experience
Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
Funds Managed

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 ₹140 Cr and the Latest NAV as of 26 Oct 2020 is ₹1036.91.

The PGIM India Money Market Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. 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
2nd Floor - Nirlon House,Dr. Annie Besant Road,Worli, Mumbai 400030
Phone
022-61593000 / 1800-266-2667
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,
Similar Funds
Data not available