- Mutual Funds
- PGIM Mutual Funds
- PGIM India Banking and PSU Debt Fund of (PIDCW-M)
Formerly DHFL Pramerica Bkg & PSU Mn DP
PGIM India Banking and PSU Debt Fund of (PIDCW-M)
₹ 10.7742
NAV (Mar 05)
However, Scripbox does not recommend investing in banking and psu fund mutual funds.
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.7742
NAV (Mar 5)
Fund Returns
Last 1Y | 6.1% |
Last 3Y | 6.4% |
Last 5Y | 5.9% |
Last 10Y | NA |
Since Inception | 6.2% |
6 Month CAGR | 1.4% |
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 | 0.77 |
Launched (9y ago) | Mar 11, 2013 |
AUM in Crores | 68.501 |
ISIN | INF223J01SU0 |
Lock-in | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| 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
housing and urban development corporation limited
9.4%indian railway finance corporation limited
9.4%rural electrification corporation limited
9%clearing corporation of india ltd.
8.9%nuclear power corporation of india limited
8.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 38,404 cr | ||
₹ 14,762 cr | ||
₹ 21,845 cr | ||
₹ 13,395 cr | ||
₹ 38,404 cr |
About the AMC
PGIM India Asset Management Private Limited
PGIM India Asset Management Private Limited manages assets worth 20,411 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 | |
|---|---|---|---|
14.9% | 8.8% | ||
27% | 13.5% | ||
40.6% | 18.8% | ||
20.7% | 14.1% | ||
25.2% | 12.5% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsPGIM India Banking and PSU Debt Fund of (PIDCW-M) Review
PGIM India Banking and PSU Debt Fund of (PIDCW-M) is a Banking And Psu Fund Debt fund and has delivered an annualised return of 6.2% over a period of 9 years. The fund was previously known as DHFL Pramerica Bkg & PSU Mn DP. The fund is managed by PGIM India Asset Management Private Limited. The fund manager’s name is Puneet Pal.
Nav of PGIM India Banking and PSU Debt Fund of (PIDCW-M) as of 3/5/2021 is ₹10.77 with the total AUM as of 8/18/2022 is ₹68.501. With Scripbox you can compare and check the latest nav for all mutual funds in India. PGIM India Banking and PSU Debt Fund of (PIDCW-M) 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 of (PIDCW-M) 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 of (PIDCW-M) 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 of (PIDCW-M) is rated as a 1 fund in Debt and delivered 6.1% 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 of (PIDCW-M).
Frequently Asked Questions
What is PGIM India Banking and PSU Debt Fund of (PIDCW-M)?
How to invest in PGIM India Banking and PSU Debt Fund of (PIDCW-M)?
You can invest in PGIM India Banking and PSU Debt Fund of (PIDCW-M) 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 of (PIDCW-M)?
The minimum sip amount for PGIM India Banking and PSU Debt Fund of (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is PGIM India Banking and PSU Debt Fund of (PIDCW-M) good to invest in?
As per Scripbox experts, PGIM India Banking and PSU Debt Fund of (PIDCW-M) is a Not Recommended fund. You can investPGIM India Banking and PSU Debt Fund of (PIDCW-M) 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 of (PIDCW-M)?
The expense ratio of the PGIM India Banking and PSU Debt Fund of (PIDCW-M) is 0.77% for regular plan.