e.g. Tata motors, Reliance MF, 500570

PGIM India Floating Rate Fund - IDCW-Annual

Debt Ultra Short Term Moderate

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹926.89 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The primary objective of the Scheme is to provide liquidity and generate stable returns by investing in a mix of short term debt and money market instruments.

AMC

PGIM India Asset Management Pvt. Ltd.

Fund Details

Launch Date

December 10, 2011

Fund Manager

Mr. Kumaresh Ramakrishnan

Initial Price

10

AUM Fund

926.89 Cr

Min investment

Rs 5000

Expense Ratio

0.38%

SIP Minimum Investment

Minimum amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months.

Exit Load

Nil

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
18.23% 23.20% ₹257.16
9.39% 24.96% ₹273.92
9.24% 24.45% ₹470.74
9.12% 21.74% ₹53.68
9.12% 21.73% ₹53.68

Holdings

8.63% Volkswagen Finance Pvt Ltd. 5.46%
8.1% Reliance Jio Infocomm Ltd. 2.74%
8.7% Power Grid Corporation of India Ltd. 2.73%
8.38608% Indiabulls Housing Finance Ltd. 2.73%
8.28% Power Finance Corporation Ltd. 2.73%
8.4% Power Finance Corporation Ltd. 2.72%
10.1% Indiabulls Housing Finance Ltd. 2.72%
8.8896% Bajaj Finance Ltd. 2.72%
7.2% Housing Development Finance Corporation Ltd. 2.70%
7.53% Mahindra & Mahindra Financial Services Ltd 2.59%
8.52% Camden Industries Ltd. 2.39%
7.6% Housing Development Finance Corporation Ltd. 1.73%
8.3% National Bank for Agriculture & Rural Development 1.63%
8.4% Reliance Jio Infocomm Ltd. 1.31%
8.7072% Mahindra & Mahindra Financial Services Ltd 0.99%
7.8834% Bajaj Finance Ltd. 0.69%
Infrastructure Leasing & Financial Services Ltd. (ZCB) 0.68%
8.658% HDB Financial Services Ltd. 0.64%
8.758% Mahindra & Mahindra Financial Services Ltd 0.59%
8.6075% Mahindra & Mahindra Financial Services Ltd 0.56%
7.8% LIC Housing Finance Ltd. 0.54%
7.7455% Kotak Mahindra Prime Ltd. 0.54%
9.25% Power Grid Corporation of India Ltd. 0.54%
9.843% IOT Utkal Energy Services Ltd. 0.10%
Net Receivables / (Payables) -0.35%

Sector Allocation

Finance 20.69%
Banks 26.15%
Service 6.23%
Address
4th Floor, C Wing,Laxmi Towers,Bandra Kurla Complex,Bandra (East), Mumbai Maharashtra India 400051
Phone
+91 22 61593000
Fax
+91 22 61593100
Launch Date
December 10, 2011
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of PGIM India Floating Rate Fund - IDCW-Annual?

A: The latest NAV of PGIM India Floating Rate Fund - IDCW-Annual is ₹ .

Q: What type of mutual fund is PGIM India Floating Rate Fund - IDCW-Annual?

A: PGIM India Floating Rate Fund - IDCW-Annual is a 'Debt - Ultra Short Term' type mutual fund managed by 'PGIM India Asset Management Pvt. Ltd.'.

Q: What is the expense ratio of PGIM India Floating Rate Fund - IDCW-Annual?

A: The expense ratio of PGIM India Floating Rate Fund - IDCW-Annual is 0.38%, which impacts overall returns.

Q: Who manages PGIM India Floating Rate Fund - IDCW-Annual?

A: PGIM India Floating Rate Fund - IDCW-Annual is managed by Mr. Kumaresh Ramakrishnan, who oversees investment strategy and portfolio decisions.

Q: Is PGIM India Floating Rate Fund - IDCW-Annual a good investment?

A: PGIM India Floating Rate Fund - IDCW-Annual may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of PGIM India Floating Rate Fund - IDCW-Annual?

A: The exit load of PGIM India Floating Rate Fund - IDCW-Annual is Nil, applicable if redeemed within the specified period.

Q: How is PGIM India Floating Rate Fund - IDCW-Annual taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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