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However, Scripbox does not recommend investing in banking and psu 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.
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Historical 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
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.
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.
PGIM India Asset Management Private Limited manages assets worth 16,836 crores and was set up on 24 September 2008. It's current offering of mutual fund schemes includes 15 equity,133 debt and 33 hybrid funds.
PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) Review
PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 6.2% over a period of 8 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 Inc Dist cum cap wdrl (PIDCW-M) as of 05/03/2021 is ₹10.77 with the total AUM as of 18/01/2022 is ₹78.581. With Scripbox you can compare and check the latest nav
for all mutual funds in India. PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (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 Inc Dist cum cap wdrl (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 Inc Dist cum cap wdrl (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 Inc Dist cum cap wdrl (PIDCW-M) is rated as a 2 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 Inc Dist cum cap wdrl (PIDCW-M).
Frequently Asked Questions
What is PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M)?
PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) 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 of Inc Dist cum cap wdrl (PIDCW-M)?
You can invest in PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (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 Inc Dist cum cap wdrl (PIDCW-M)?
The minimum sip amount for PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) good to invest in?
As per Scripbox experts, PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) is a Neutral fund. You can invest PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (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 Inc Dist cum cap wdrl (PIDCW-M)?
The expense ratio of the PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (PIDCW-M) is 0.81% for regular plan.
