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

PGIM India Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
3.93%
1Y return
-0.01% 1D
1M
6M
1Y
All
NAV: 24 Sep 2021₹1,072.80
Min. SIP amount₹1,000
RatingNA
Fund size₹99.49 Cr

Returns and rankings

Category: Debt Money Market
Absolute returns
3M6M1YAll
Fund returns1.1%2.0%3.9%7.3%
Category averageNANA3.7%NA
Rank with in category21212NA
Understand termsinfo

Holdings (13)

NameSectorInstrumentAssets
Kerala State
OthersSDL10.4%
Export-Import Bank Of India
FinancialCD9.9%
FinancialCP9.8%
FinancialCP9.7%
FinancialCP9.0%
FinancialCD8.9%
Network 18 Media & Investments Ltd.
ServicesCP8.9%
Gujarat State
OthersSDL5.2%
Gujarat State
OthersSDL5.2%
Kerala State
OthersSDL5.2%
See All

Pros and cons

info
Category: Debt Money Market
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Pros

Lower expense ratio - 0.15%
1Y Returns are higher than the category average returns
Exit load is zero
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Cons

Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.15%

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 termsinfo
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

Kumaresh Ramakrishnan
Feb 2020 - Present
View details
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Kunal Jain
Feb 2020 - Present
View details
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Fund house & investment objective

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Fund house contact details

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