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

PGIM India Money Market Fund Regular Growth

Debt
Money Market
Low to Moderate Risk
2.89%
1Y return
+0.01% 1D
1M
6M
1Y
All
NAV: 30 Jul 2021₹1,053.19
Min. SIP Amount₹1,000
RatingNA
Fund Size₹107.06 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.9%NANA3.8%
Category average3.7%6.3%6.5%NA
Rank with in category16NANANA
Understand termsinfo

Holdings (11)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills23.0%
SBI Cards & Payments Services Ltd.
FinancialCP9.2%
Reserve Bank of India
FinancialT-Bills9.2%
Export-Import Bank Of India
FinancialCD9.2%
Axis Bank Ltd.FinancialCD8.2%
Network 18 Media & Investments Ltd.
ServicesCP8.2%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP7.4%
West Bengal State
OthersSDL4.8%
Tamilnadu State
OthersSDL4.7%
Andhra Pradesh State
OthersSDL4.7%
See All

Pros and cons

Category: Debt Money Market

Pros

  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Age is less than 3 years
  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.01%

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

Minimum investment amounts

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

Fund management

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

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Fund house contact details

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