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  • PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M)

Formerly PGIM India Credit Risk Rg Pl Mn DR

PGIM Mutual Funds

PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M)

DebtCredit Risk

9.9385

NAV (Mar 05)

0.9%
3 Year CAGR
Scripbox Opinion

Not Recommended

Click here for top ranked funds in credit risk mutual funds.

However, Scripbox does not recommend investing in credit risk mutual funds.

Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.

These instruments carry a high default risk.

The events of the recent past have shown the impact of poor credit quality on such funds.

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

7 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

45 Cr. Negligible within the category

Impact of Interest Rate Changes

Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change

Credit Quality Of Fund's Portfolio

High Credit Risk. The fund has a lower credit quality compared to other debt funds

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Short Term Money

Short Term Money

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  • graph-icon-gray
    Historical growth rate of 6.5% per annum
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    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

9.9385

NAV (Mar 5)

Fund Returns

Last 1Y
0.1%
Last 3Y
0.9%
Last 5Y
2.8%
Last 10Y
NA
Since Inception
3.4%
6 Month CAGR
5.6%
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Scheme Information

Investment Objective

The investment objective of the Scheme is to seek to generate income and capital appreciation by investing predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds). However,there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

Expense Ratio
1.81
Launched (7y ago)
Sep 29, 2014
AUM in Crores
44.673
ISIN
INF663L01GM5
Lock-in
No Lock-in
Benchmark
NIFTY Credit Risk Bond TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Kumaresh Ramakrishnan

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
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

PGIM India Asset Management Private Limited

PGIM India Asset Management Private Limited manages assets worth 14,118 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

    5%

    7.3%

    top-ranked-badge

    30.8%

    12.7%

    top-ranked-badge

    31.1%

    16.1%

    top-ranked-badge

    %

    3.4%

    top-ranked-badge

    4.8%

    5.5%

    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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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
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    About PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    About PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) is a Credit Risk Debt fund and has delivered an annualised return of 3.4% over a period of 7 years. The fund was previously known as PGIM India Credit Risk Rg Pl Mn DR . The fund is managed by PGIM India Asset Management Private Limited. The fund manager’s name is Kumaresh Ramakrishnan

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) Investment Objective

    The investment objective of the Scheme is to seek to generate income and capital appreciation by investing predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds). However,there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns. . However, there is no assurance that the objective of the scheme will be realized.

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) NAV,AUM,Risk

    The PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund was launched on Sep 29, 2014. The NAV (Net Asset Value) of this Credit Risk Debt fund as of 2021-03-05 is ₹9.94. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹44.673. The category risk of the PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund is Very High Risk. The fund charges 1.81 % as expense ratio.

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) Holdings

    The fund’s highest allocation is towards Debt and has invested 67.1% in this asset class. The top three holdings of the fund are , treps / reverse repo , rural electrification corporation limited , small industries development bank of india , jm financial credit solutions limited , indostar capital finance limited , axis bank limited , power finance corporation limited , sikka ports & terminals limited , hindalco industries limited , housing development finance corporation limited , hindalco industries limited , net receivables / (payables) , piramal capital & housing finance ltd , syndicate bank

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) Sip

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

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) 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 NIFTY Credit Risk Bond TR INR.

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) Review

    PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) has a score of 1 on a scale of 5. The fund has a score of 3 out of 5 based on historical performance. As compared to the other funds in its category, PGIM India Credit Risk Fund Inc Dist cum Cap Wdrl (RIDCW-M) has a score of 1out of 5 The credit risk of the fund is 2 out of 5 as compared to other debt funds.

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