Fund Details
PGIM India Money Market Fund Regular Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.01% |
| NAV | ₹1046.56 (12 May 2021) |
|---|---|
| Fund Started | 05 Mar 2020 |
| Fund Size | ₹99 Cr |
Returns
Comparison
1. Exit load is zero
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.7% |
| Export-Import Bank Of India | Financial | CD | 12.6% |
| Network 18 Media & Investments Ltd. | Services | CP | 10.5% |
| Axis Securities Ltd. | Others | CP | 10.5% |
| L&T Finance Ltd. | Financial | CP | 10.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 10.4% |
| Axis Bank Ltd. | Financial | CD | 10.4% |
| Reliance Industries Ltd. | Energy | CP | 10.3% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 8.3% |
Fund Managers
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.
