VR Logo

4 star

PGIM India Insta Cash Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.63 0.01 0.07 0.27 0.84 1.69 3.33 5.15 5.89 6.58 --
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 3.34 3.63 4.07 --
Debt: Liquid 2.59 0.01 0.07 0.27 0.83 1.66 3.28 5.01 5.72 6.43 --
Rank within category 10 34 10 10 13 9 10 6 7 6 --
Number of funds in category 38 39 39 39 39 38 38 35 34 33 1

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Insta Cash Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.33 5.15 5.89 0.15 619
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.29 5.10 5.84 0.20 34,592
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.30 5.15 5.89 0.21 28,554
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.28 5.14 5.89 0.18 21,655
LIC MF Liquid Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.33 5.11 5.87 0.11 9,609

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.41 24-Mar-2020 - 31-Mar-2020 -0.15 17-Mar-2020 - 24-Mar-2020
Month 0.94 08-Aug-2013 - 09-Sep-2013 0.17 23-Feb-2020 - 24-Mar-2020
Quarter 2.69 24-Jul-2013 - 23-Oct-2013 0.75 23-Oct-2020 - 22-Jan-2021
Year 9.84 26-Jul-2013 - 27-Jul-2014 3.31 20-Aug-2020 - 20-Aug-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.09 0.51 2.25 8.21 1.06 1.79
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.95 0.49 2.04 7.95 1.04 1.64
Rank within category 6 24 5 9 16 9
Number of funds in category 35 35 35 35 35 35

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 25 14 34
Modified Duration (yrs) 0.10 0.14 0.07 0.09
Average Maturity (yrs) 0.11 0.14 0.07 0.09
Yield to Maturity (%) 3.40 3.51 2.97 3.44
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 12.87 12.87
equal Reliance Jio Infocomm 91-D 10/11/2021 Commercial Paper A1+ 0.00 - 8.05 8.05
equal TV18 Broadcast 91-D 16/11/2021 Commercial Paper A1+ 0.00 - 8.04 8.04
new Indian Oil Corporation Commercial Paper A1+ 0.00 - 8.31 8.04
new Axis Finance 90-D 30/11/2021 Commercial Paper A1+ 0.00 - 8.03 8.03
new Godrej Consumer Products 90-D 23/12/2021 Commercial Paper A1+ 0.00 - 8.01 8.01
equal Aditya Birla Money 90-D 25/11/2021 Commercial Paper A1+ 0.00 - 6.58 6.58
equal Chennai Petroleum Corporation 91-D 18/10/2021 Commercial Paper A1+ 0.00 - 6.45 6.45
new LIC Housing Fin. 25/10/2021 Commercial Paper A1+ 0.00 - 6.45 6.45
down Reserve Bank of India 91-D 28/10/2021 Treasury Bills SOV 0.00 - 9.03 4.03
new Indian Railway Finance Corporation 79-D 22/10/2021 Commercial Paper A1+ 0.00 - 4.03 4.03
down Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 6.01 4.02
equal Godrej Agrovet 90-D 12/10/2021 Commercial Paper A1+ 0.00 - 3.23 3.23
new 8.85% Power Grid Corporation 19/10/2021 Bonds AAA 0.00 - 2.59 2.59
new 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 1.62 1.62
new Reliance Industries 91-D 01/11/2021 Commercial Paper A1+ 0.00 - 1.61 1.61
new 6.99% Ultratech Cement 24/11/2021 Debenture AAA 0.00 - 0.81 0.81

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 30-Sep-2021

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:


--

Change from previous, NAV as on 17-Oct-2021

Growth: ₹ 273.0105

IDCW Weekly: ₹ 100.5310

More

IDCW Monthly: ₹ 107.8696

IDCW Daily: ₹ 106.0174


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 (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.11%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 619 Cr (As on 30-Sep-2021)
Expense: 0.15% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly14-Oct-20210.0601

 08-Oct-20210.0715
 01-Oct-20210.0570
 24-Sep-20210.0561
 17-Sep-20210.0709
 09-Sep-20210.0491
 03-Sep-20210.0650
 27-Aug-20210.0664
 20-Aug-20210.0650
 13-Aug-20210.0722
 06-Aug-20210.0624
 30-Jul-20210.0635
 23-Jul-20210.0680
 16-Jul-20210.0662
 09-Jul-20210.0623
 02-Jul-20210.0662
 25-Jun-20210.0736
 18-Jun-20210.0588
 11-Jun-20210.0656
 04-Jun-20210.0674
 28-May-20210.0632
 21-May-20210.0635
 14-May-20210.0621
 07-May-20210.0596
 30-Apr-20210.0624
IDCW Monthly24-Sep-20210.2920

 27-Aug-20210.2920
 30-Jul-20210.2920
 25-Jun-20210.2900
 28-May-20210.2900
 30-Apr-20210.2900
 26-Mar-20210.2900
 26-Feb-20210.2900
 29-Jan-20210.2900
 24-Dec-20200.2900
 27-Nov-20200.2900
 29-Oct-20200.2900
 25-Sep-20200.3600
 28-Aug-20200.3600
 31-Jul-20200.4500
 30-Jun-20200.4800
 29-May-20200.4800
 24-Apr-20200.4800
 27-Mar-20200.3458
 28-Feb-20200.3458
 31-Jan-20200.3458
 27-Dec-20190.3458
 29-Nov-20190.3458
 25-Oct-20190.3458
 27-Sep-20190.3962
IDCW Daily18-Mar-20210.0096

 17-Mar-20210.0107
 16-Mar-20210.0078
 15-Mar-20210.0093
 14-Mar-20210.0096
 13-Mar-20210.0096
 12-Mar-20210.0064
 11-Mar-20210.0096
 10-Mar-20210.0105
 09-Mar-20210.0098
 08-Mar-20210.0070
 07-Mar-20210.0100
 06-Mar-20210.0101
 05-Mar-20210.0045
 04-Mar-20210.0054
 03-Mar-20210.0069
 02-Mar-20210.0098
 01-Mar-20210.0079
 28-Feb-20210.0092
 27-Feb-20210.0092
 26-Feb-20210.0015
 25-Feb-20210.0132
 24-Feb-20210.0139
 23-Feb-20210.0072
 22-Feb-20210.0093
IDCW 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: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over