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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹146 Cr

Lock In Period

N/A

Expense Ratio

1.73

Benchmark

NIFTY Credit Risk Bond Index

Exit Load

10% of the units allotted may be redeemed without any exit load with 1 year from the date of allotment.Any redemption in excess of the above mentioned limit would be subject to an exit load of 1% - if the units are redeemed within 1 year from the date of allotment of units.Nil - if the units are redeemed after 1 year from the date of allotment of units.

Summary

Latest details for PGIM India Credit Risk Fund Growth include a ₹15.5876 NAV as of Jan 21,2022 and returns since inception of 9.18%. Minimum investments start at SIP ₹1000. The PGIM India Credit Risk Fund Growth AUM is ₹146 Cr, with a lock-in of N/A years, expense ratio of 1.73%, and benchmark NIFTY Credit Risk Bond Index. Exit load is - 10% of the units allotted may be redeemed without any exit load with 1 year from the date of allotment.Any redemption in excess of the above mentioned limit would be subject to an exit load of 1% - if the units are redeemed within 1 year from the date of allotment of units.Nil - if the units are redeemed after 1 year from the date of allotment of units.. In the growth review for 1M Month/Year, the fund recorded 0.27% returns, against a category average of 1.86% and a category best of 298.36%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.271.86298.36
6M4.421.89316.37
1Y8.436.18340.03
3Y2.9715.7177.02

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2022-01-15
View allocation % by

1. Clearing Corporation of India Ltd.36.52%
2. 9.35% REC Ltd.11.88%
3. 6.99% Small Industries Development Bank of India10.50%
4. 8.6% JM Financial Credit Solutions Ltd.10.45%
5. 9.0% Indostar Capital Finance Ltd.10.33%
6. Net Receivables / (Payables)4.50%

1. 9.6% Hindalco Industries Ltd.6.63%
2. 9.55% Hindalco Industries Ltd.3.93%

1. 7.87% Housing Development Finance Corporation Ltd.5.26%

About Fund

PGIM India Credit Risk Fund Growth managed by PGIM India Mutual Fund,is a Credit Riskscheme with Assets Under Management of ₹146 Crore. The fund benchmarks its performance against the NIFTY Credit Risk Bond Index while maintaining an expense ratio of 1.73. Under the expert guidance of Puneet Pal ,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

Puneet Pal

Mr. Puneet is an alumnus of the Symbiosis Institute of Management, Pune and a Bachelor of Commerce from Punjab University, Chandigarh, 1997. He has over 10 years of experience in asset management. <BR> In his position as Deputy Head of Fixed Income, Puneet is an integral part of a team of investment professionals managing Fixed Income funds for BNP Paribas Mutual Fund. In his previous assignment, he was Senior Vice President & Fund Manager at UTI Mutual Fund from July 2008 - February 15, 2012. He was a Fund Manager at Tata Mutual Fund (August 2006 - July 2008) before which he was with UTI Mutual Fund for 3 years.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSundaram Short Term Credit Risk Fund Growth0117.02 CR1.35
This FundPGIM India Credit Risk Fund Growth0145.89 CR1.73
This FundAditya Birla Sun Life Credit Risk Fund Growth41197.37 CR1.66
This FundDSP Credit Risk Fund Growth0227.03 CR1.23
Fund Name1Y3Y
This FundSundaram Short Term Credit Risk Fund Growth5.25015.6959
This FundPGIM India Credit Risk Fund Growth8.43179.1752
This FundAditya Birla Sun Life Credit Risk Fund Growth12.488140.4663
This FundDSP Credit Risk Fund Growth10.847755.9946

FAQs

PGIM India Credit Risk 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 Credit Risk Fund Growth is 1.73. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

PGIM India Credit Risk Fund Growth’s fund performance is as follows:
  • 1 Month : 0.27%
  • 6 Months : 4.42%
  • 1 Year : 8.43%
  • 3 Years : 2.97%
Returns of PGIM India Credit Risk Fund Growth are updated daily based on NAV of ₹ 15.5876 as on Jan 21,2022. Since inception, the return has been 9.18%.

You can invest in PGIM India Credit Risk 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 Credit Risk Fund Growth is ₹146 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in PGIM India Credit Risk 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