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  • PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W)

Formerly PGIM India Bkg & PSU Wk DR

PGIM Mutual Funds

PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W)

DebtBanking And Psu

10.2735

NAV (Jul 28)

4.9%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in banking and psu mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

8 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

79 Cr. Negligible 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

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

10.2735

NAV (Jul 28)

Fund Returns

Last 1Y
6.6%
Last 3Y
4.9%
Last 5Y
NA
Last 10Y
NA
Since Inception
5.7%
6 Month CAGR
4%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Moderate Risk

Expense Ratio
0.8
Launched (8y ago)
Mar 28, 2013
AUM in Crores
78.717
ISIN
INF223J01VU4
Lock-in
No Lock-in
Benchmark
CRISIL Banking and PSU Debt TR INR
SIP Minimum
0
Lumpsum Min.
5000
Fund Managers
user-avatar

Puneet Pal

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 12,698 cr

5

recommended-badge

₹ 28,554 cr

5

recommended-badge

₹ 11,007 cr

5

recommended-badge

₹ 21,654 cr

5

recommended-badge

₹ 28,496 cr

5

amc-icon

About the AMC

PGIM India Asset Management Private Limited

PGIM India Asset Management Private Limited manages assets worth 13,987 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.

amc-img

  • tel-amc-about
    022-61593000
  • mail-amc-about
    care@pgimindia.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    28.5%

    12.5%

    top-ranked-badge

    5%

    7.3%

    top-ranked-badge

    31.4%

    16.5%

    top-ranked-badge

    %

    3.4%

    top-ranked-badge

    4.8%

    5.6%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    About PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W)

    About PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W)

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-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 PGIM India Bkg & PSU Wk DR . The fund is managed by PGIM India Asset Management Private Limited. The fund manager’s name is Puneet Pal

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) 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. . However, there is no assurance that the objective of the scheme will be realized.

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) NAV,AUM,Risk

    The PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) fund was launched on Mar 28, 2013. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2019-07-28 is ₹10.27. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹78.717. The category risk of the PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) fund is Moderate Risk. The fund charges 0.8 % as expense ratio.

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) Holdings

    The fund’s highest allocation is towards Debt and has invested 86.3% in this asset class. The top three holdings of the fund are , 5.63% govt stock 2026 , power grid corporation of india limited , nuclear power corporation of india limited , food corporation of india , net receivables / (payables) , national highways authority of india , national bank for agriculture and rural development , indian railway finance corporation limited , clearing corporation of india ltd. , axis bank limited , small industries development bank of india , housing and urban development corporation limited (hudco) , hindustan petroleum corporation limited , national housing bank , state bank of india , national housing bank , indian railway finance corporation limited , housing and urban development corporation limited (hudco) , mahanagar telephone nigam limited , indian oil corporation limited

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) Investment volatility and Horizon

    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 of Inc Dist cum cap wdrl (RIDCW-W) Review

    PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) has a score of 2 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, PGIM India Banking and PSU Debt Fund of Inc Dist cum cap wdrl (RIDCW-W) has a score of 1out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.

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