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PGIM India Insta Cash Fund

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Debt: Liquid

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1 Lakh

Investment Grown to
₹ 1.04 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.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 0.54 0.01 0.05 0.24 0.73 1.50 3.75 5.87 6.35 7.00 7.68
CCIL T Bill Liquidity Weight 0.32 0.01 0.03 0.17 0.45 1.03 2.75 3.74 3.94 4.39 4.68
Debt: Liquid 0.53 0.01 0.05 0.23 0.73 1.50 3.56 5.58 6.12 6.80 7.52
Rank within category 19 14 20 11 21 25 16 8 7 4 8
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 07-Mar-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
4 star
 Sep-07 3.75 5.87 6.35 0.30 676
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 3.85 5.84 6.32 0.32 39,319
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
 Mar-04 3.85 5.89 6.37 0.32 31,306
Axis Liquid Fund
4 star
 Oct-09 3.83 5.88 6.36 0.25 23,572
Nippon India Liquid Fund  | Invest Online
4 star
 Dec-03 3.81 5.89 6.36 0.32 19,338

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.40 24-Mar-2020 - 31-Mar-2020 -0.15 17-Mar-2020 - 24-Mar-2020
Month 0.93 08-Aug-2013 - 09-Sep-2013 0.15 23-Feb-2020 - 24-Mar-2020
Quarter 2.66 24-Jul-2013 - 23-Oct-2013 0.72 23-Oct-2020 - 22-Jan-2021
Year 9.92 12-Aug-2011 - 13-Aug-2012 3.76 05-Mar-2020 - 05-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.75 0.50 2.33 3.75 0.99 2.07
CCIL T Bill Liquidity Weight 3.68 0.37 -2.46 -5.24 -- --
Debt: Liquid 5.48 0.66 1.92 3.38 1.01 1.81
Rank within category 8 20 7 18 16 10
Number of funds in category 35 35 35 34 35 35

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

As on 28-Feb-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 20 27 16 36
Modified Duration (yrs) 0.09 0.14 0.08 --
Average Maturity (yrs) 0.10 0.14 0.08 --
Yield to Maturity (%) 3.51 5.64 2.97 --
Avg Credit Rating AAA -- -- --

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 364-D 18/03/2021 Treasury Bills SOV 0.00 - 19.15 19.15
new Infina Finance 7-D 01/02/2021 Commercial Paper A1+ 0.00 - 7.39 7.39
new National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 7.39 7.39
up HDFC 357-D 24/02/2021 Commercial Paper A1+ 0.00 - 7.38 7.38
equal Volkswagen Finance 25/02/2021 Commercial Paper A1+ 0.00 - 8.73 7.38
new Indian Oil Corp. Commercial Paper A1+ 0.00 - 8.31 7.38
equal Larsen & Toubro 17/02/2021 Commercial Paper A1+ 0.00 - 8.74 7.38
equal Blue Star 278-D 15/03/2021 Commercial Paper A1+ 0.00 - 8.72 7.37
new Reliance Industries 90-D 22/04/2021 Commercial Paper A1+ 0.00 - 7.34 7.34
equal L&T Finance Holdings 181-D 23/02/2021 Commercial Paper A1+ 0.00 - 4.37 3.69
new Chennai Petroleum Corp. 18/02/2021 Commercial Paper A1+ 0.00 - 3.69 3.69
equal Reserve Bank of India 182-D 18/02/2021 Treasury Bills SOV 0.00 - 4.37 3.69
new Chennai Petroleum Corp. 90-D 18/03/2021 Commercial Paper A1+ 0.00 - 3.68 3.68
new IRFC 87-D 12/04/2021 Commercial Paper A1+ 0.00 - 3.67 3.67
new Network 18 Media & Inv 91-D 07/04/2021 Commercial Paper A1+ 0.00 - 3.67 3.67
new Network 18 Media & Inv Commercial Paper A1+ 0.00 - 3.66 3.66
new Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 2.96 2.96
down Reserve Bank of India 91-D 18/03/2021 Treasury Bills SOV 0.00 - 4.36 1.47
new 7.70% REC 15/03/2021 Bonds/NCDs AAA 0.00 - 0.74 0.74
new SBI Cards & Payments Services 91-D 01/02/2021 Commercial Paper A1+ 0.00 - 0.15 0.15

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-Jan-2021

Fund Manager

— Kumaresh Ramakrishnan since 01-Jan-2011

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 07-Mar-2021

Growth: ₹ 265.6592

Dividend Weekly: ₹ 100.5230

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Dividend Monthly: ₹ 108.4393

Dividend Daily: ₹ 100.3040

Bonus: ₹ 181.6159

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: 05-Sep-2007
Return Since Launch: 7.50%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 676 Cr (As on 31-Jan-2021)
Expense: 0.30% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Mar-20210.0093

 06-Mar-20210.0092
 05-Mar-20210.0040
 04-Mar-20210.0049
 03-Mar-20210.0062
 02-Mar-20210.0090
 01-Mar-20210.0073
 28-Feb-20210.0084
 27-Feb-20210.0085
 26-Feb-20210.0010
 25-Feb-20210.0124
 24-Feb-20210.0130
 23-Feb-20210.0065
 22-Feb-20210.0085
 21-Feb-20210.0078
 20-Feb-20210.0077
 19-Feb-20210.0078
 18-Feb-20210.0125
 17-Feb-20210.0140
 16-Feb-20210.0114
 15-Feb-20210.0085
 14-Feb-20210.0083
 13-Feb-20210.0083
 12-Feb-20210.0106
 11-Feb-20210.0092
Dividend Weekly05-Mar-20210.0484

 26-Feb-20210.0648
 18-Feb-20210.0632
 12-Feb-20210.0630
 05-Feb-20210.0652
 29-Jan-20210.0625
 22-Jan-20210.0525
 15-Jan-20210.0454
 08-Jan-20210.0465
 01-Jan-20210.0763
 24-Dec-20200.0481
 18-Dec-20200.0530
 11-Dec-20200.0524
 04-Dec-20200.0375
 27-Nov-20200.0596
 20-Nov-20200.0664
 13-Nov-20200.0629
 06-Nov-20200.0701
 29-Oct-20200.0462
 23-Oct-20200.0646
 16-Oct-20200.0628
 09-Oct-20200.0725
 01-Oct-20200.0592
 25-Sep-20200.0585
 18-Sep-20200.0606
Dividend Monthly26-Feb-20210.2800

 29-Jan-20210.2800
 24-Dec-20200.2800
 27-Nov-20200.2800
 29-Oct-20200.2800
 25-Sep-20200.3500
 28-Aug-20200.3500
 31-Jul-20200.4200
 30-Jun-20200.4700
 29-May-20200.4700
 24-Apr-20200.4700
 27-Mar-20200.3386
 28-Feb-20200.3386
 31-Jan-20200.3386
 27-Dec-20190.3386
 29-Nov-20190.3386
 25-Oct-20190.3386
 27-Sep-20190.3602
 30-Aug-20190.3602
 25-Jul-20190.3602
 28-Jun-20190.3602
 31-May-20190.3602
 26-Apr-20190.3602
 29-Mar-20190.3602
 22-Feb-20190.3602
Dividend Quarterly28-Jun-20191.5847

 25-Mar-20191.5847
 28-Dec-20181.5847
 28-Sep-20181.5847
 28-Jun-20181.5847
 23-Mar-20181.5890
 29-Dec-20171.5890
 28-Sep-20171.5890
 29-Jun-20171.6251
 24-Mar-20171.4445
 29-Dec-20161.4445
Dividend Yearly23-Mar-20187.2227

 24-Mar-20171.4445
 28-Mar-20146.5459

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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