Fund Details
PGIM India Overnight Fund Direct IDCW Weekly
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹1000.29 (21 Jun 2021) |
|---|---|
| Fund Started | 27 Aug 2019 |
| Fund Size | ₹155 Cr |
Returns
Comparison
1. Lower expense ratio - 0.07%
2. 1Y Returns are higher than the category average returns
3. 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
Fund Managers
PGIM India Overnight Fund Direct IDCW Weekly Details
PGIM India Overnight Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 27 Aug 2019. Kumaresh Ramakrishnan is the Current Fund Manager of PGIM India Overnight Fund Direct IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹155 Cr and the Latest NAV as of 21 Jun 2021 is ₹1000.29.
The PGIM India Overnight Fund Direct IDCW Weekly is rated Low risk.
Investment Objective
The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
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.
