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PGIM India Money Market Fund

PGIM India Money Market Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

2.96

as on 18 Jan 2022

1 Year

Investment of ₹ 10,000 in this fund 1 Year back would be ₹ 10,295 today.

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NAV Performance

PGIM India Money Market Fund performance graph for last 3 years
Performance of PGIM India Money Market Fund for last 3 Years

Fund Information

  • ₹ 1,067.777

    as on 18 Jan 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 87 Cr.

    as on 18 Jan 2022
  • 1.03%

    since 30 Nov 2021
  • 06 Mar 2020

  • Debt - Money Market Fund

  • CRISIL 10 Year Gilt Index

  • PGIM india Mutual Fund

    Show All Funds

Highlights of this fund

PGIM India Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market 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 06 Mar 2020. 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 ₹ 1,067.777 as on 18 Jan 2022.

This fund has 1 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.03%. 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 Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.

List of Fund Managers of PGIM India Money Market Fund

  • About Kumaresh Ramakrishnan

    Picture of Kumaresh RamakrishnanMr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai). Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
  • About Kunal Jain

    Picture of Kunal JainMr. Jain is a B.Com and MBA (Marketing). Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.

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 0.09% 0.38% 0.96% 1.92% 4.01% 14.28% 6.26% 6.67% 8.46% 3.91% 8.76% 8.23% 6.04% 7.01%
Category Average 0.07% 0.33% 0.86% 1.73% 3.59% 5.19% 5.63% 6.15% 7.19% 3.53% 4.19% 4.90% 5.54% 6.52%
PGIM India Money Market Fund 0.07%₹ 10,007 0.30%₹ 10,029 0.70%₹ 10,070 1.51%₹ 10,151 2.96%₹ 10,295 2.96%₹ 12,192 - - - - - - - -
UTI Money Market Fund 0.08%₹ 10,008 0.38%₹ 10,037 0.94%₹ 10,093 1.89%₹ 10,189 3.87%₹ 10,387 3.82%₹ 12,247 4.85%₹ 10,996 4.17%₹ 25,051 5.83%₹ 11,855 4.85%₹ 38,760 6.40%₹ 13,641 5.81%₹ 69,506 7.57%₹ 20,757 6.84%₹ 1,70,620
Nippon India Money Market Fund 0.07%₹ 10,007 0.37%₹ 10,036 0.96%₹ 10,096 1.88%₹ 10,188 3.89%₹ 10,389 3.84%₹ 12,249 4.84%₹ 10,995 4.17%₹ 25,051 5.86%₹ 11,864 4.86%₹ 38,769 6.43%₹ 13,659 5.85%₹ 69,566 7.58%₹ 20,775 6.85%₹ 1,70,744
Aditya Birla Sun Life Money Manager Fund 0.09%₹ 10,008 0.38%₹ 10,038 0.96%₹ 10,096 1.92%₹ 10,191 3.98%₹ 10,398 3.91%₹ 12,253 5.18%₹ 11,066 4.34%₹ 25,095 6.07%₹ 11,936 5.08%₹ 38,900 6.60%₹ 13,766 6.04%₹ 69,904 7.71%₹ 21,038 7.01%₹ 1,72,130
SBI Savings Fund 0.07%₹ 10,007 0.32%₹ 10,031 0.81%₹ 10,081 1.65%₹ 10,165 3.44%₹ 10,343 3.36%₹ 12,217 4.44%₹ 10,910 3.75%₹ 24,944 5.47%₹ 11,734 4.47%₹ 38,542 5.95%₹ 13,355 5.38%₹ 68,759 7.43%₹ 20,479 6.58%₹ 1,68,313
ICICI Prudential Money Market Fund 0.07%₹ 10,007 0.33%₹ 10,033 0.89%₹ 10,088 1.82%₹ 10,182 3.77%₹ 10,377 3.70%₹ 12,239 4.90%₹ 11,006 4.12%₹ 25,039 5.82%₹ 11,853 4.84%₹ 38,758 6.38%₹ 13,624 5.79%₹ 69,471 7.56%₹ 20,735 6.82%₹ 1,70,429

Portfolio Holdings

Portfolio holdings pattern of PGIM India Money Market Fund as on 19 Jan 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    90.75%
  • Others Holdings:

    9.25%

Top Debt Instrument Type holdings of PGIM India Money Market Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 42.60% ₹ 40.96 Cr.
CP 38.87% ₹ 37.37 Cr.
CD 9.28% ₹ 8.92 Cr.
Others 9.25% -

Top Debt Holdings of PGIM India Money Market Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 42.60% ₹ 40.96 Cr.
Bond - ICICI Securities Ltd. 10.22% ₹ 9.82 Cr.
Bond - LIC Housing Finance Ltd. 10.09% ₹ 9.70 Cr.
Bond - Aditya Birla Money Ltd. 9.33% ₹ 8.97 Cr.
Bond - Axis Bank Ltd. 9.28% ₹ 8.92 Cr.
Others 18.48%

Other Holdings

Holding TypeHolding Percentage
TREPS 7.41%
Net Receivables 1.84%