PGIM India Money Market Fund Direct Growth

PGIM India Money Market Fund Direct Growth

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Debt
Direct
Money Market
NAV: ₹ 1259.43 as on 27-05-2024

About the Fund

PGIM India Money Market Fund Direct Growth is a debt fund. This fund was started on 6 March, 2020. The fund is managed by Puneet Pal, Bhupesh Kalyani. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Money Market Fund Direct Growth has ₹242 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 11.9K in PGIM India Money Market Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹242 Cr
Inception Date
Inception Date
6 March, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
384.7%

PGIM India Money Market Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
50%
Corporate
38.2%
Government
11.8%

Top Holdings of PGIM India Money Market Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings14
Holdings
Weight%
1M Change
HDFC Bank Ltd.
HDFC Bank Ltd.
9.78%
0%
Punjab National Bank
Punjab National Bank
9.42%
0%
Export-Import Bank of India
Export-Import Bank of India
8.97%
0%
LIC Housing Finance Ltd.
LIC Housing Finance Ltd.
7.78%
0%
Canara Bank
Canara Bank
7.78%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 231.7 Cr
₹ 217.9 Cr
₹ 236.1 Cr
  • AUM of the fund stands at 231.7 Cr as of Apr'24
  • AUM increased by 13.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Puneet Pal
Puneet Pal
Fund Manager of PGIM India Money Market Fund Direct Growth, since 16 July 2022
Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Money Market Fund Direct Growth, since 13 September 2022

PGIM India Money Market 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 5.61% since inception which is more than its category average return of 4.96%
AUM size ₹242 Cr

AUM size ₹242 Cr

This fund has AUM of ₹242 Cr which is less than its category average of ₹ 7131 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of PGIM India Money Market Fund Direct Growth is ₹1259.43 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
PGIM India Money Market Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
3.79%
3.79%
1 Year Returns
7.35%
7.35%
3 Years Returns
18.96%
5.96%
5 Years Returns
0%
0%
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.
0.2% as on April 2024
₹242 Cr as on April 2024
HDFC Bank Ltd.(9.78%), Punjab National Bank(9.42%), Export-Import Bank of India(8.97%), Canara Bank(7.78%), LIC Housing Finance Ltd.(7.78%) as on April 2024
Cash Equivalent(44.36%), Corporate(43.85%), Government(11.79%) as on April 2024
Yield to Maturity is 7.55 as on April 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 0.76 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Puneet Pal, Bhupesh Kalyani are the fund managers of PGIM India Money Market Fund Direct Growth
The Exit load of PGIM India Money Market Fund Direct Growth is 0%