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  • PGIM India Banking and PSU Debt Fund (Growth)

Formerly DHFL Pramerica Bkg & PSU Gr

PGIM Mutual Funds

PGIM India Banking and PSU Debt Fund (Growth)

DebtBanking And Psu

20.2243

NAV (Dec 02)

5.4%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in banking and psu mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

Scripbox Recommended Debt Funds

Want the Debt funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

20.2243

NAV (Dec 2)

Fund Returns

Last 1Y

2.9%

Last 3Y

5.4%

Last 5Y

6.5%

Last 10Y

NA

Since Inception

7.5%

6 Month CAGR

2.4%

Scheme Information

Investment Objective

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

0.42

Launched (9y ago)

Mar 11, 2013

AUM in Crores

57.902

ISIN

INF223J01SW6

Lock-in

No Lock-in

Benchmark

CRISIL Banking and PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

1.8

Standard Deviation (5yr)

1.9

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.652

Sharpe Ratio (5yr)

0.702

YTM

7.12

Fund Managers

Puneet Pal

Fund Manager

Bhupesh Kalyani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-12-02

Top Debt Holdings

clearing corporation of india ltd.

19%
19%

rural electrification corporation limited

10.5%
10.5%

nuclear power corporation of india limited

10.4%
10.4%

export import bank of india

8.8%
8.8%

power finance corporation ltd.

8.5%
8.5%
See all holdings

Compare PGIM India Banking and PSU Debt Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

PGIM India Asset Management Private Limited

PGIM India Asset Management Private Limited manages assets worth 22,433 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.

amc-img

  • 022-61593000
  • care@pgimindia.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    9.5%

    8.1%

    24.4%

    13.3%

    37%

    18.5%

    22.6%

    12.4%

    8.6%

    7.8%

    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 7.5% over a period of 9 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 12/2/2022 is ₹20.22 with the total AUM as of 12/4/2022 is ₹57.902. 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 1 fund in Debt and delivered 2.9% 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)?

    PGIM India Banking and PSU Debt Fund (G) is a Banking And Psu Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    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 Not Recommended 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 0.42% for regular plan.