• Home
  • Mutual Funds
  • PGIM India Banking and PSU Debt Fund Growth

Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹55 Cr

Lock In Period

N/A

Expense Ratio

0.43

Benchmark

CRISIL Banking and PSU Debt Index

Exit Load

Nil

Summary

Latest details for PGIM India Banking and PSU Debt Fund Growth include a ₹21.311 NAV as of Sep 29,2023 and returns since inception of 14.73%. Minimum investments start at SIP ₹1000. The PGIM India Banking and PSU Debt Fund Growth AUM is ₹55 Cr, with a lock-in of N/A years, expense ratio of 0.43%, and benchmark CRISIL Banking and PSU Debt Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.49% returns, against a category average of 0.81% and a category best of 2.46%.

Calculate Returns

You would have got

close_grey_icon
No Data Found
Your Investment Amount
  • 1
  • 2
  • 3
  • 4
  • 5

Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.490.812.46
6M3.401.215.84
1Y6.604.199.60
3Y4.6911.9328.10

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2023-08-15
View allocation % by

1. Clearing Corporation of India Ltd.14.87%
2. 7.4% National Bank for Agriculture & Rural Development9.72%
3. 7.59% Small Industries Development Bank of India9.33%
4. 7.48% Housing & Urban Development Corp Ltd.8.24%
5. 7.13% Power Finance Corporation Ltd.8.16%
6. 5.45% NTPC Ltd.6.27%
7. 7.18% Government of India5.43%
8. Net Receivables / (Payables)4.72%
9. 5.83% State Bank of India4.15%
10. 5.63% Government of India2.09%
11. 7.06% Government of India1.80%
12. 9.37% Power Finance Corporation Ltd.1.11%
13. 7.38% Government of India0.29%

1. 7.95% HDFC Bank Ltd.9.16%
2. Punjab National Bank2.16%
3. State Bank of India1.04%

1. 7.2% Power Grid Corporation of India Ltd.8.61%

1. 8.24% Mahanagar Telephone Nigam Ltd.2.85%

About Fund

PGIM India Banking and PSU Debt Fund Growth managed by PGIM India Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹55 Crore. The fund benchmarks its performance against the CRISIL Banking and PSU Debt Index while maintaining an expense ratio of 0.43. Under the expert guidance of Bhupesh Kalyani ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Bhupesh Kalyani

Mr. Kalyani has around 15 years of work experience of which 12 years has been into fixed income fund management and dealing. Prior to joining IDBI Mutual Fund his major associations has been with LIC Mutual Fund, TATA Mutual Fund and Star Union Dai-ichi Life Insurance Co. Ltd. He manages IDBI Ultra Short Term Fund, IDBI Short Term Bond Fund & IDBI Corporate Debt Opportunities Fund.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundIndiabulls Banking & PSU Debt Fund Growth014.64 CR0.72
This FundPGIM India Banking and PSU Debt Fund Growth054.93 CR0.43
This FundFranklin India Banking & PSU Debt Fund Growth4475.78 CR0.47
This FundICICI Prudential Banking and PSU Debt Fund Growth59174.97 CR0.73
Fund Name1Y3Y
This FundIndiabulls Banking & PSU Debt Fund Growth4.43740
This FundPGIM India Banking and PSU Debt Fund Growth5.848414.2428
This FundFranklin India Banking & PSU Debt Fund Growth5.801823.1119
This FundICICI Prudential Banking and PSU Debt Fund Growth5.028423.1193

FAQs

PGIM India Banking and PSU Debt Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of PGIM India Banking and PSU Debt Fund Growth is 0.43. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

PGIM India Banking and PSU Debt Fund Growth’s fund performance is as follows:
  • 1 Month : 0.49%
  • 6 Months : 3.40%
  • 1 Year : 6.60%
  • 3 Years : 4.69%
Returns of PGIM India Banking and PSU Debt Fund Growth are updated daily based on NAV of ₹ 21.311 as on Sep 29,2023. Since inception, the return has been 14.73%.

You can invest in PGIM India Banking and PSU Debt Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of PGIM India Banking and PSU Debt Fund Growth is ₹55 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in PGIM India Banking and PSU Debt Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500