PGIM India Liquid Fund Direct Growth

PGIM India Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 11-12-2024

₹ 330.9

Inception Returns

6.9%

/yr

About PGIM India Liquid Fund Direct Growth

PGIM India Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Liquid Fund Direct Growth has ₹517 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

PGIM India Liquid Fund Direct Growth has given a CAGR return of 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.48%, 6.44% and 5.43% respectively.

Holdings

PGIM India Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Consumer Cyclical, Consumer Defensive, Basic Materials. Its top holdings are 91 DTB 03012025, Sundaram Bnp Paribas Home Finance Limited, Rec Limited, Bank Of Baroda, Canara Bank

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of PGIM India Liquid Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
79 people have invested ₹ 38.5L in PGIM India Liquid Fund Direct Growth in the last three months

PGIM India Liquid Fund Direct Growth Overview

Expense ratio0.12%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹517 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
486.97%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (11-Dec-24)

Period
PGIM India Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.4%
3M
1.8%
1.4%
6M
3.6%
3%
1Y
7.5%
6.7%
3Y
6.4%
5.9%
5Y
5.4%
4.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
56.8%
Corporate
43.2%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 555.2 Cr
₹ 374.4 Cr
₹ 447.4 Cr
  • AUM of the fund stands at 555.2 Cr as of Oct'24
  • AUM increased by 180.8 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 99.4% to 99.6%
Cash allocation has gone up from 99.4% to 99.6%

Top 3 Sectors in October were Financial Services, Corporate & Consumer Cyclical

Oct'24
Financial Services
80%
Corporate
43%
Consumer Cyclical
9%
Sep'24
Financial Services
80%
Corporate
53%
Consumer Cyclical
9%
  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 03012025
91 DTB 03012025
10.55%
0%
Sundaram Bnp Paribas Home Finance Limited
Sundaram Bnp Paribas Home Finance Limited
4.84%
0%
Rec Limited
Rec Limited
4.84%
0%
Bank Of Baroda
Bank Of Baroda
4.83%
0%
Canara Bank
Canara Bank
4.83%
0%
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Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Liquid Fund Direct Growth, since 13 September 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Liquid Fund Direct Growth, since 16 July 2022
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹29.17K Cr
as on 31-Oct-2024
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com

Mutual Fund Insights

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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.34% per annum.
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This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.12% which is lower than the category average expense ratio of 0.26%.
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In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.55% return, outperforming this fund by 0.08%.
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In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.47% return, outperforming this fund by 0.03% per annum.
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Over the last 1 month, this fund has experienced a 38.1% growth in AUM moving from 374.4 Cr to 516.9 Cr.

PGIM India Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.89% since inception which is more than its category average return of 5%
AUM size ₹517 Cr

AUM size ₹517 Cr

This fund has AUM of ₹517 Cr which is less than its category average of ₹ 13887 Cr
Expense Ratio 0.12%

Expense Ratio 0.12%

This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for PGIM India Liquid Fund Direct Growth

The current NAV of PGIM India Liquid Fund Direct Growth is ₹330.9 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
PGIM India Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.58%
3.58%
1 Year Returns
7.48%
7.48%
3 Years Returns
20.61%
6.44%
5 Years Returns
30.24%
5.43%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.12% as on November 2024
₹517 Cr as on November 2024
91 DTB 03012025(10.55%), Sundaram Bnp Paribas Home Finance Limited(4.84%), Rec Limited(4.84%), Bank Of Baroda(4.83%), Canara Bank(4.83%) as on November 2024
Yield to Maturity is 7.06 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.09 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Liquid Fund Direct Growth
The Exit load of PGIM India Liquid Fund Direct Growth is 0.01%