PGIM India Liquid Fund Direct Growth

PGIM India Liquid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund gives you the benefit of diversification.

1. PGIM India Liquid Fund Direct Growth has ₹475 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

PGIM India Liquid Fund Direct Growth has given a CAGR return of 6.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.80%, 7.12% and 5.81% respectively.

PGIM India Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Consumer Cyclical, Consumer Defensive, Basic Materials, Government.

As it is a liquid mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Liquid Fund Direct Growth has no lock in period.