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PGIM India Insta Cash Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.34 0.01 0.10 0.45 1.36 2.89 6.66 6.98 7.40 7.90 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Liquid 0.33 0.01 0.10 0.43 1.30 2.79 6.40 6.67 7.18 7.76 --
Rank within category 4 5 6 2 5 7 4 8 8 10 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.26 (06-Sep-2013 - 15-Sep-2013) -0.13 (09-Jul-2013 - 16-Jul-2013)
Month 0.94 (08-Aug-2013 - 09-Sep-2013) 0.32 (24-Jun-2013 - 24-Jul-2013)
Quarter 2.69 (24-Jul-2013 - 23-Oct-2013) 1.34 (21-Oct-2019 - 20-Jan-2020)
Year 9.84 (26-Jul-2013 - 27-Jul-2014) 6.66 (24-Jan-2019 - 24-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.81 0.20 5.47 8.23 0.34 1.65
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 7 9 5 9 18 8
Number of funds in category 35 35 35 33 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 54 14 53
Modified Duration (yrs) 0.09 0.15 0.06 0.10
Average Maturity (yrs) 0.09 0.15 0.07 0.10
Yield to Maturity (%) 5.35 7.55 5.35 5.26

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 02/01/2020 Treasury Bills SOV 0.00 - 19.88 19.88
equal Tata Capital Housing Finance 364-D 15/01/2020 Commercial Paper A1+ 0.00 - 9.80 9.33
new Redington India 88-D 28/02/2020 Commercial Paper A1+ 0.00 - 7.09 7.09
new Deutsche Investments 88-D 06/03/2020 Commercial Paper A1+ 0.00 - 5.88 5.88
down Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 6.06 5.48
new Aditya Birla Finance 27/03/2020 Debenture AAA 0.00 - 5.00 5.00
equal National Bank Agr. Rur. Devp 252-D 31/01/2020 Commercial Paper A1+ 0.00 - 5.21 4.95
new Berger Paints India 33-D 28/01/2020 Commercial Paper A1+ 0.00 - 4.95 4.95
new Godrej Agrovet 78-D 31/01/2020 Commercial Paper A1+ 0.00 - 4.95 4.95
equal SRF 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 5.18 4.93
equal Reliance Jio Infocomm 90-D 27/02/2020 Commercial Paper A1+ 0.00 - 5.18 4.93
new Network 18 Media & Inv 91-D 20/03/2020 Commercial Paper A1+ 0.00 - 4.91 4.91
new IDFC First Bank 14/01/2020 Certificate of Deposit A1+ 0.00 - 4.37 4.37
new National Bank Agr. Rur. Devp 29/01/2020 Commercial Paper A1+ 0.00 - 4.36 4.36
new Reserve Bank of India 364-D 23/01/2020 Treasury Bills SOV 0.00 - 2.97 2.97
new 9.20% L&T Housing Finance 16/01/2020 Debenture AAA 0.00 - 1.99 1.99
down SIDBI 28/01/2020 Commercial Paper A1+ 0.00 - 3.12 0.99
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 0.98 0.98
new Kotak Mahindra Investments 2020 Zero Coupon Bonds AAA 0.00 - 0.98 0.98

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Kumaresh Ramakrishnan since 01-Jan-2013

Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).

Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.

Funds Managed:

— Kunal Jain since 05-Jan-2018

Education: Mr. Jain is a B.Com and MBA (Marketing).

Experience: 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.

Funds Managed:


0.01%

Change from previous, NAV as on 26-Jan-2020

Growth: ₹ 255.7656

Dividend Weekly: ₹ 100.5337

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Dividend Monthly: ₹ 108.3671

Dividend Daily: ₹ 103.9541


Investment Strategy

The scheme aims to generate steady returns with high liquidity by investing in a portfolio of short-term , high quality money market and debt instruments. The fund would invest atleast 80% of the corpus in instruments with average maturity upto one year upto 20% of the corpus in instruments with average maturity greater than an year.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 10
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load 0.007% for redemption within 1 days
0.0065% for redemption between 1 - 2 days
0.006% for redemption between 2 - 3 days
0.0055% for redemption between 3 - 4 days
0.005% for redemption between 4 - 5 days
0.0045% for redemption between 5 - 6 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.91%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 503 Cr (As on 31-Dec-2019)
Expense: 0.05% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily26-Jan-20200.0109

 25-Jan-20200.0109
 24-Jan-20200.0111
 23-Jan-20200.0117
 22-Jan-20200.0102
 21-Jan-20200.0115
 20-Jan-20200.0115
 19-Jan-20200.0108
 18-Jan-20200.0108
 17-Jan-20200.0106
 16-Jan-20200.0106
 15-Jan-20200.0093
 14-Jan-20200.0099
 13-Jan-20200.0093
 12-Jan-20200.0107
 11-Jan-20200.0107
 10-Jan-20200.0079
 09-Jan-20200.0102
 08-Jan-20200.0106
 07-Jan-20200.0108
 06-Jan-20200.0099
 05-Jan-20200.0105
 04-Jan-20200.0105
 03-Jan-20200.0102
 02-Jan-20200.0157
Dividend Weekly24-Jan-20200.0750

 17-Jan-20200.0688
 10-Jan-20200.0682
 03-Jan-20200.0809
 27-Dec-20190.0759
 20-Dec-20190.0725
 13-Dec-20190.0771
 06-Dec-20190.0679
 29-Nov-20190.0777
 22-Nov-20190.0767
 15-Nov-20190.0846
 07-Nov-20190.0570
 01-Nov-20190.0828
 25-Oct-20190.0760
 18-Oct-20190.0859
 11-Oct-20190.0813
 04-Oct-20190.0978
 27-Sep-20190.0745
 20-Sep-20190.0705
 13-Sep-20190.0834
 06-Sep-20190.0813
 30-Aug-20190.0767
 23-Aug-20190.0798
 16-Aug-20190.0770
 09-Aug-20190.0864
Dividend Monthly27-Dec-20190.3458

 29-Nov-20190.3458
 25-Oct-20190.3458
 27-Sep-20190.3962
 30-Aug-20190.3962
 25-Jul-20190.3962
 28-Jun-20190.3962
 31-May-20190.3962
 26-Apr-20190.3962
 29-Mar-20190.3962
 22-Feb-20190.3962
 25-Jan-20190.3962
 28-Dec-20180.3962
 30-Nov-20180.3962
 26-Oct-20180.3962
 28-Sep-20180.3962
 31-Aug-20180.3962
 27-Jul-20180.3962
 29-Jun-20180.3962
 25-May-20180.3962
 27-Apr-20180.3962
 23-Mar-20180.3972
 23-Feb-20180.3972
 25-Jan-20180.3972
 29-Dec-20170.3972
Dividend Quarterly28-Jun-20191.6567

 25-Mar-20191.6567
 28-Dec-20181.6567
 28-Sep-20181.6567
 28-Jun-20181.6567
 23-Mar-20181.6612
 29-Dec-20171.6612
 28-Sep-20171.6612
 29-Jun-20171.6251
 24-Mar-20171.4445

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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