Fund Performance
Lumpsum
SIP
5.05
as on 02 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,594 today.
NAV Performance
Fund Information
-
₹ 20.983
as on 02 Jun 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 49 Cr.
as on 31 Mar 2023 -
0.41%
-
08 Mar 2013
-
CRISIL 10 Year Gilt Index
-
PGIM india Mutual Fund
Show All Funds
Highlights of this fund
PGIM India Banking & PSU Debt Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 08 Mar 2013. This fund is offered by one of the top AMC (Assets Management Company) PGIM india Mutual Fund. You can also view here all other Debt funds offered by PGIM india Mutual Fund.
Latest NAV of the fund is ₹ 20.983 as on 02 Jun 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.41%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund 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 can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
List of Fund Managers of PGIM India Banking & PSU Debt Fund
-
About Puneet Pal
Mr. Pal is a B.Com (H) and MBA from SIBM Pune. Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
-
About Bhupesh Kalyani
Mr. Kalyani is a CA, ICWA and CISA. Prior to joining PGIM India Mutual Fund, he was associated with IDBI AMC, LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.19% | 0.97% | 3.63% | 4.30% | 8.50% | 7.86% | 6.97% | 8.24% | 8.21% | 9.14% | 8.99% | 7.85% | 6.98% | 7.32% |
| Category Average | 0.15% | 0.74% | 2.64% | 3.66% | 6.60% | 4.55% | 5.17% | 6.99% | 7.25% | 7.50% | 5.49% | 5.00% | 6.00% | 6.70% |
| PGIM India Banking & PSU Debt Fund | 0.15%₹ 10,015 | 0.77%₹ 10,077 | 2.69%₹ 10,269 | 3.75%₹ 10,375 | 6.19%₹ 10,618 | 7.19%₹ 12,461 | 4.40%₹ 10,899 | 5.23%₹ 25,316 | 5.05%₹ 11,594 | 4.85%₹ 38,755 | 7.02%₹ 14,044 | 5.98%₹ 69,779 | - | - |
| ICICI Prudential Banking And PSU Debt Fund | 0.14%₹ 10,014 | 0.76%₹ 10,075 | 2.40%₹ 10,240 | 3.69%₹ 10,369 | 7.12%₹ 10,712 | 7.67%₹ 12,491 | 5.23%₹ 11,072 | 5.99%₹ 25,510 | 5.73%₹ 11,818 | 5.57%₹ 39,174 | 7.08%₹ 14,083 | 6.34%₹ 70,423 | 7.58%₹ 20,777 | 7.18%₹ 1,73,641 |
| Aditya Birla Sun Life Banking & PSU Debt Fund | 0.13%₹ 10,012 | 0.74%₹ 10,073 | 2.53%₹ 10,252 | 3.72%₹ 10,371 | 6.61%₹ 10,661 | 7.35%₹ 12,471 | 4.69%₹ 10,960 | 5.49%₹ 25,383 | 5.51%₹ 11,746 | 5.13%₹ 38,916 | 7.28%₹ 14,217 | 6.24%₹ 70,236 | 8.21%₹ 22,026 | 7.32%₹ 1,74,927 |
| Kotak Banking And PSU Debt Fund | 0.15%₹ 10,015 | 0.81%₹ 10,081 | 2.63%₹ 10,263 | 3.60%₹ 10,360 | 7.02%₹ 10,701 | 7.66%₹ 12,491 | 4.84%₹ 10,991 | 5.63%₹ 25,418 | 5.54%₹ 11,756 | 5.24%₹ 38,984 | 7.45%₹ 14,327 | 6.35%₹ 70,432 | - | - |
| L&T Banking And PSU Debt Fund | 0.18%₹ 10,017 | 0.75%₹ 10,074 | 2.83%₹ 10,283 | 3.59%₹ 10,359 | 6.79%₹ 10,678 | 7.30%₹ 12,468 | 3.42%₹ 10,694 | 4.44%₹ 25,115 | 4.38%₹ 11,371 | 4.04%₹ 38,285 | 6.39%₹ 13,636 | 5.29%₹ 68,587 | 7.06%₹ 19,797 | 6.41%₹ 1,66,796 |
| HDFC Banking And PSU Debt FunD-2014 | 0.13%₹ 10,013 | 0.72%₹ 10,072 | 2.52%₹ 10,252 | 3.69%₹ 10,368 | 6.49%₹ 10,649 | 7.28%₹ 12,467 | 4.47%₹ 10,913 | 5.32%₹ 25,339 | 5.48%₹ 11,734 | 4.99%₹ 38,838 | 7.19%₹ 14,156 | 6.12%₹ 70,035 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of PGIM India Banking & PSU Debt Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 73.28% | ₹ 36.02 Cr. |
| GOI | 15.43% | ₹ 7.58 Cr. |
| CD | 0.95% | ₹ .47 Cr. |
| Others | 10.34% | - |
Top Debt Holdings of PGIM India Banking & PSU Debt Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 15.43% | ₹ 7.58 Cr. |
| Bond - Power Finance Corporation Ltd. | 11.07% | ₹ 5.44 Cr. |
| Bond - Export Import Bank Of India | 10.34% | ₹ 5.08 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 10.20% | ₹ 5.01 Cr. |
| Bond - Rural Electrification Corporation Limited | 10.19% | ₹ 5.01 Cr. |
| Others | 42.77% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 6.55% |
| Net Receivables | 3.79% |