Formerly DHFL Pramerica Bkg & PSU Wk DR
₹ 10.2735
NAV (Jul 28)
Neutral
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
8 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
102 Cr. Small within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.75 %
Expense Ratio
Mar 28, 2013
Launched (8y ago)
₹ 102
AUM in Crores
INF223J01VU4
ISIN
No Lock-in
Lock-in
CRISIL Banking and PSU Debt TR INR
Benchmark
₹ 0
SIP Minimum
₹ 5,000
Lumpsum Min.
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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Low Duration
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About the AMC
PGIM India Asset Management Private Limited
PGIM India Asset Management Private Limited manages assets worth 6,378 crores and was set up on 24 September 2008. It's current offering of mutual fund schemes includes 15 equity,133 debt and 30 hybrid funds.
Liquid
Top Ranked
₹ 676 Cr
Fund Size
5.9%
3Y returns
International - Others
Top Ranked
₹ 769 Cr
Fund Size
29.3%
3Y returns
Diversified
Top Ranked
₹ 556 Cr
Fund Size
16.1%
3Y returns
Liquid
Top Ranked
₹ 676 Cr
Fund Size
N/A
3Y returns
Corporate Bond
Top Ranked
₹ 85 Cr
Fund Size
8%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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PGIM India Banking And PSU Debt Fund (DR-W) is a banking and psu debt fund and has delivered an annualised return of 5.7% over a period of 8 years .The fund was previously known as DHFL Pramerica Bkg & PSU Wk DR.The fund is managed by PGIM India Asset Management Private Limited.The fund manager’s name is Puneet Pal.
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. However, there is no assurance that the objective of the scheme will be realized.
The PGIM India Banking And PSU Debt Fund (DR-W) fund was launched on Mar 28, 2013. The NAV (Net Asset Value) of this banking and psu debt as of 2019-07-28 is ₹ 10.2735. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 101.866. The category risk of the PGIM India Banking And PSU Debt Fund (DR-W) fund is Moderate Risk. The fund charges 0.75 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 92.6% in this asset class. The top three holdings of the fund are 7.33% govt stock 2031,hindustan petroleum corporation limited and national highways authority of india
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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.
This fund 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 (DR-W) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, PGIM India Banking And PSU Debt Fund (DR-W) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.