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PGIM India Money Market Fund Regular Growth+0.01%

3.54%
1 Year Return
Debt
Money Market
6M
1Y
All

Fund Details

PGIM India Money Market Fund Regular Growth

RiskLow to Moderate
Min SIP Amount₹1000
Expense Ratio1.01%
NAV₹1046.56 (12 May 2021)
Fund Started05 Mar 2020
Fund Size99 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.5%
-
-
4.1%
Category Average
4.9%
6.5%
6.7%
-
Rank Within Category
16
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 3.5% returns per annum

Comparison

Data not available
Pros
1. 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
Reserve Bank of IndiaFinancialT-Bills13.7%
Export-Import Bank Of IndiaFinancialCD12.6%
Network 18 Media & Investments Ltd.ServicesCP10.5%
Axis Securities Ltd.OthersCP10.5%
L&T Finance Ltd.FinancialCP10.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP10.4%
Axis Bank Ltd.FinancialCD10.4%
Reliance Industries Ltd.EnergyCP10.3%
Housing Development Finance Corpn. Ltd.-WarrantFinancialCP8.3%

Fund Managers

Kumaresh Ramakrishnan
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Kunal Jain
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PGIM India Money Market Fund Regular Growth Details

PGIM India Money Market Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹99 Cr and the Latest NAV as of 12 May 2021 is ₹1046.56.

The PGIM India Money Market Fund Regular 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

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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,
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