PGIM Mutual Funds

PGIM India Money Market Fund Direct Plan Growth

₹ 1377.18

NAV (Jul 29)

7.484%
3 Year CAGR
Scripbox Opinion
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Neutral
Click here for top ranked funds in money market mutual funds.

Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Consistency of Credit quality

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

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Scripbox Recommended Money Market Funds
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Scheme Information

Investment Objective

The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.

Expense Ratio
0.2 %
Launched 5Y ago
2020-03-06
AUM in Crores
203.3
ISIN
INF663L01T84
Lock-in (days)
No Lock-in
Benchmark
CRISIL Money Market A-I Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation
0.4
Beta
0.9
Sharpe Ratio
1.3
YTM
-
asset-allocation

Asset allocation and Holdings

Last updated on 2025-03-12

Top Debt Holdings

Reserve Bank of India

10.94%
10.94%

HDFC Bank Ltd.

10.93%
10.93%

Export-Import Bank Of India

10.02%
10.02%

Canara Bank

8.7%
8.7%

ICICI Securities Ltd.

8.7%
8.7%
See all holdings
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Frequently Asked Questions

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