PGIM India Money Market Fund - Regular Plan - Growth Option

Fund House: PGIM India Mutual Fund
Category: Debt: Money Market
Launch Date: 25-03-2020
Asset Class:
Benchmark: CRISIL Money Market Index
Expense Ratio: 1.05% As on (31-10-2020)
Status: Open Ended Schemes
Minimum Investment:
Minimum Topup:
Total Assets: 124.78 Cr As on (31-10-2020)
Turn over: - | Exit Load: Nil

1034.2052

3.36%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity 3.53
Average Maturity 0.47

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
PGIM India Money Market Fund - Regular Plan - Growth Option 25-03-2020 - - - - -
Aditya Birla Sun Life Money Manager Fund - Growth 10-10-2005 6.84 7.64 7.64 7.5 8.32
Aditya Birla Sun Life Money Manager Fund - Retail Growth 05-06-2003 6.84 7.65 7.64 7.5 8.24
HDFC Money Market Fund - Growth Option 05-11-1999 6.73 7.57 7.44 7.27 8.15
Tata Money Market Fund-Regular Plan - Growth 20-05-2003 6.54 7.61 4.84 5.76 7.39
Axis Money Market Fund - Regular Plan - Growth Option 05-08-2019 6.43 - - - -
ICICI Prudential Money Market Fund Option - Growth 01-03-2006 6.41 7.33 7.36 7.3 8.09
UTI MMF - Regular Plan - Growth Option 01-07-2009 6.22 7.28 7.37 7.31 8.18
Franklin India Savings Fund - Growth Option 11-02-2002 6.2 7.54 7.36 7.52 8.23
Nippon India Money Market Fund-Growth Plan-Growth Option 01-06-2005 6.17 7.34 7.42 7.31 8.18

Scheme Characteristics

Investment in Money Market instruments having maturity upto 1 year.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

1.0%

Scheme Documents

October 2020

October 2020

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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