PGIM India Money Market Fund Direct Growth
Debt
Direct
Money Market
NAV: ₹ 1256.78 as on 16-05-2024
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 Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.
Key Parameters
- PGIM India Money Market Fund Direct Growth has ₹232 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
4 people have invested ₹ 11.9K in PGIM India Money Market Fund Direct Growth in the last three months
Overview
 | 0.19% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹232 Cr |
 | 6 March, 2020 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 384.7% |
PGIM India Money Market Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
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 Holdings14
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd. | 10.17% | 0% | |
Punjab National Bank | 9.79% | 0% | |
Export-Import Bank of India | 9.32% | 0% | |
Canara Bank | 8.09% | 0% | |
LIC Housing Finance Ltd. | 8.08% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- 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
Peer Analysis
Fund Manager
Bhupesh Kalyani
Fund Manager of PGIM India Money Market Fund Direct Growth, since 13 September 2022
Top funds managed
Puneet Pal
Fund Manager of PGIM India Money Market Fund Direct Growth, since 16 July 2022
Top funds managed
PGIM India Money Market Fund Direct Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.6% since inception which is more than its category average return of 4.96%
AUM size ₹232 Cr
This fund has AUM of ₹232 Cr which is less than its category average of ₹ 6863 Cr
Expense Ratio 0.19%
This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 0.33%
Frequently Asked Questions
The current NAV of PGIM India Money Market Fund Direct Growth is ₹1256.78 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
PGIM India Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.74% | 3.74% |
1 Year Returns | 7.46% | 7.46% |
3 Years Returns | 18.81% | 5.91% |
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.
0.19% as on April 2024
₹232 Cr as on April 2024
HDFC Bank Ltd.(10.17%), Punjab National Bank(9.79%), Export-Import Bank of India(9.32%), Canara Bank(8.09%), Icici Securities Limited(8.08%) as on April 2024
Cash Equivalent(50%), Corporate(38.15%), Government(11.85%) as on April 2024
Yield to Maturity is 7.6 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 0.86 as on April 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 Money Market Fund Direct Growth
The Exit load of PGIM India Money Market Fund Direct Growth is 0%