PGIM India Money Market Fund Regular Growth
DebtMoney MarketLow to Moderate Risk
Regular
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹176 Cr
Expense Ratio
0.53%
ISIN
INF663L01U24
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 Mar 2020
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹1268.67, Assets Under Management (AUM) of 175.64 Crores, and an expense ratio of 0.53%.
- PGIM India Money Market Fund Regular Growth has given a CAGR return of 5.18% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 13.92% in debts, and 85.64% in cash & cash equivalents.
- You can start investing in PGIM India Money Market Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.24%
— (Cat Avg.)
3 Years
+6.10%
— (Cat Avg.)
Since Inception
+5.18%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹24.45 Cr | 13.92% |
| Others | ₹151.19 Cr | 86.08% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 364 DTB 06032025 | Bond - Gov't/Treasury | ₹24.45 Cr | 13.92% |
| Hdfc Bank Ltd. ** # | Cash | ₹19.54 Cr | 11.13% |
| Aditya Birla Finance Ltd. ** | Cash | ₹19.45 Cr | 11.08% |
| Lic Housing Finance Ltd. ** | Cash | ₹19.45 Cr | 11.07% |
| National Bank For Agriculture & Rural Development ** # | Cash | ₹19.02 Cr | 10.83% |
| Indian Bank ** # | Cash | ₹17.54 Cr | 9.98% |
| Kotak Mahindra Bank Ltd. ** # | Cash | ₹14.66 Cr | 8.34% |
| Small Industries Development Bank Of India ** # | Cash | ₹13.97 Cr | 7.95% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹9.83 Cr | 5.60% |
| Axis Bank Ltd. ** # | Cash | ₹6.81 Cr | 3.88% |
| Axis Finance Ltd. | Cash | ₹4.92 Cr | 2.80% |
| Icici Bank Ltd. ** # | Cash | ₹4.89 Cr | 2.78% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.77 Cr | 0.44% |
| Net Receivables / (Payables) | Cash | ₹0.35 Cr | 0.20% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹140.59 Cr | 80.04% |
| Bond - Gov't/Treasury | ₹24.45 Cr | 13.92% |
| Cash - Repurchase Agreement | ₹9.83 Cr | 5.60% |
| Mutual Fund - Open End | ₹0.77 Cr | 0.44% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Bond - Corporate Bond | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.51%
Cat. avg.
0.69%
Lower the better
Sharpe Ratio
This fund
-0.36
Cat. avg.
-0.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.05
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF663L01U24 | Expense Ratio 0.53% | Exit Load No Charges | Fund Size ₹176 Cr | Age 4 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1033.79 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.97 Cr | 7.4% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹173.97 Cr | 6.6% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹101.63 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹101.63 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹23.97 Cr | 6.5% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹23.97 Cr | 6.1% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26782.99 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2458.17 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27674.69 Cr | 7.7% |
About the AMC
PGIM India Mutual Fund
Total AUM
₹28,697 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Bhupesh Kalyani
- Puneet Pal
- Ojasvi Khicha
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