PGIM India Liquid Fund Direct Growth

Debt
Direct
Liquid
PGIM India Liquid Fund Direct Growth

About the Fund

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 ₹399 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 6.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.42%, 5.94% and 5.33% respectively.

Holdings

PGIM India Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government, Consumer Cyclical, Consumer Defensive, Basic Materials. Its top holdings are Aditya Birla Housing Finance Limited, Union Bank Of India, Bank Of Baroda, Axis Securities Limited, Small Industries Development Bank Of India**

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.

Fund Performance
zero opening, trading, fund transfer fee
144 people have invested ₹ 58.6L in PGIM India Liquid Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.13%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹399 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
794.19%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.5%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
58.2%
Corporate
29.4%
Government
12.4%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Aditya Birla Housing Finance Limited
Aditya Birla Housing Finance Limited
6.21%
0%
Axis Securities Limited
Axis Securities Limited
6.2%
0%
Bank Of Baroda
Bank Of Baroda
6.2%
0%
Union Bank Of India
Union Bank Of India
6.2%
0%
HDFC Bank Limited
HDFC Bank Limited
6.18%
100%

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

Mutual Fund Insights

Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.75% return, outperforming this fund by 0.42% per annum.
Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.47% return, outperforming this fund by 0.05%.
Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.13% which is lower than the category average expense ratio of 0.27%.
Insights icon
Over the last 3 months, this fund has experienced a 5.6% drop in AUM moving from 422.41 Cr to 398.76 Cr.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 5.97% return, outperforming this fund by 0.03% per annum.

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 6.88% since inception which is more than its category average return of 4.97%
AUM size ₹399 Cr

AUM size ₹399 Cr

This fund has AUM of ₹399 Cr which is less than its category average of ₹ 13454 Cr
Expense Ratio 0.13%

Expense Ratio 0.13%

This fund has an expense ratio of 0.13% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of PGIM India Liquid Fund Direct Growth is ₹322.09 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
PGIM India Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.71%
3.71%
1 Year Returns
7.42%
7.42%
3 Years Returns
18.89%
5.94%
5 Years Returns
29.62%
5.33%
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.
0.13% as on June 2024
₹399 Cr as on June 2024
Aditya Birla Housing Finance Limited(6.21%), Union Bank Of India(6.2%), Bank Of Baroda(6.2%), Axis Securities Limited(6.2%), Small Industries Development Bank Of India**(6.18%) as on June 2024
Cash Equivalent(58.17%), Corporate(29.39%), Government(12.44%) as on June 2024
Yield to Maturity is 7.25 as on June 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 0.17 as on June 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%