- Mutual Funds
- PGIM Mutual Funds
- PGIM India Banking and PSU Debt Fund (Growth)
Formerly DHFL Pramerica Bkg & PSU Gr
PGIM India Banking and PSU Debt Fund (Growth)
₹ 20.5717
NAV (Mar 24)
Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.5717
NAV (Mar 24)
Fund Returns
Last 1Y | 3.9% |
Last 3Y | 6.2% |
Last 5Y | 6.6% |
Last 10Y | 7.4% |
Since Inception | 7.4% |
6 Month CAGR | 3% |
Scheme Information
The primary objective of the Scheme is to seek to generate income and capital appreciation by investing predominantly in debt instruments issued by banks,Public Sector Undertakings,Public Financial institutions and Municipal Bonds.
Expense Ratio | 0.41 |
Launched (10y ago) | Mar 11, 2013 |
AUM in Crores | 53.514 |
ISIN | INF223J01SW6 |
Lock-in | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.7 |
Standard Deviation (5yr) | 1.9 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.388 |
Sharpe Ratio (5yr) | 0.792 |
YTM | 7.27 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| PGIM India Banking and PSU Debt Fund (Growth) | 859,104 | 126,492 | 6.6% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
clearing corporation of india ltd.
34%export import bank of india
9.5%rural electrification corporation limited
9.3%small industries development bank of india
9.2%power finance corporation ltd.
9.2%Compare PGIM India Banking and PSU Debt Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 49,144 cr | ||
₹ 13,831 cr | ||
₹ 18,485 cr | ||
₹ 12,884 cr | ||
₹ 49,144 cr |
About the AMC
PGIM India Asset Management Private Limited
PGIM India Asset Management Private Limited manages assets worth 22,678 crores and was set up on 24 September 2008. It's current offering of mutual fund schemes includes 15 equity,146 debt and 24 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
17.2% | 8.5% | ||
37.8% | 11.7% | ||
46.9% | 16.6% | ||
35.6% | 12.6% | ||
35.8% | 10.8% |
PGIM India Banking and PSU Debt Fund (G) Review
PGIM India Banking and PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.4% over a period of 10 years. The fund was previously known as DHFL Pramerica Bkg & PSU Gr. The fund is managed by PGIM India Asset Management Private Limited. The fund managers are Bhupesh Kalyani, Puneet Pal.
Nav of PGIM India Banking and PSU Debt Fund (G) as of 3/24/2023 is ₹20.57 with the total AUM as of 3/25/2023 is ₹53.514. With Scripbox you can compare and check the latest nav for all mutual funds in India. PGIM India Banking and PSU Debt Fund (G) was launched on Mar 11, 2013. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for PGIM India Banking and PSU Debt Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
PGIM India Banking and PSU Debt Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt TR INR.
PGIM India Banking and PSU Debt Fund (G) is rated as a 2 fund in Debt and delivered 3.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with PGIM India Banking and PSU Debt Fund (G).
Frequently Asked Questions
What is PGIM India Banking and PSU Debt Fund (G)?
How to invest in PGIM India Banking and PSU Debt Fund (G)?
You can invest in PGIM India Banking and PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of PGIM India Banking and PSU Debt Fund (G)?
The minimum sip amount for PGIM India Banking and PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is PGIM India Banking and PSU Debt Fund (G) good to invest in?
As per Scripbox experts, PGIM India Banking and PSU Debt Fund (G) is a Neutral fund. You can investPGIM India Banking and PSU Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the PGIM India Banking and PSU Debt Fund (G)?
The expense ratio of the PGIM India Banking and PSU Debt Fund (G) is 0.41% for regular plan.