PGIM India Banking & PSU Debt Fund Direct Growth+0.13%

3Groww
11.08%
1 Year Return
Debt
Banking & PSU
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Banking & PSU Debt Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.22%
NAV17.11 (08 Jul 2019)
Fund Started07 Mar 2013
Fund Size48 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Banking & PSU Debt Fund Direct Growth
11.1%
8.0%
8.9%
8.9%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 11.1% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    8.48 UP Power Corporation Ltd. Mar 15 2021 EnergyBond19.5%
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)18.3%
    7.7 Housing & Urban Development Corporation Ltd. Mar 19 2020 Financial ServicesDebentures9.8%
    8.95 Reliance Industries Ltd. Nov 9 2028 EnergyDebentures9.5%
    7.5 PNB Housing Finance Ltd. Sep 15 2020 Financial ServicesBond9.5%
    8.56 Rural Electrification Corporation Nov 29 2028 Financial ServicesBond9.4%
    7.55 Sbi Cards & Payment Services Aug 7 2020 Financial ServicesDebentures8.6%
    8.9 State Bank of India Nov 2 2028 Financial ServicesDebentures5.0%
    6.91 N H P C Ltd. Sep 15 2019 EnergyBond4.9%
    9.2 ICICI Bank Ltd. Financial ServicesDebentures2.5%
    See All

    Fund Managers

    addPuneet Pal
    Education
    Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
    Experience
    Prior to joining DHFL Pramerica Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
    Funds Managed

    Other Details

    PGIM India Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 07 Mar 2013. Puneet Pal is the Current Fund Manager of PGIM India Banking & PSU Debt Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 08 Jul 2019 is ₹17.11.

    The PGIM India Banking & PSU Debt Fund Direct Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective is to generate Objective income and capital appreciation by investing in money market and debt instruments issued by banks and public sector Companies. There can be no assurance that the investment objective of the Scheme will be realized.

    Tax Implications

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About DHFL Pramerica Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    12 May 2010
    DHFL Pramerica Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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