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4 star

PGIM India Insta Cash Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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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(₹)
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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 3.58 0.01 0.07 0.27 0.81 1.91 4.64 6.33 6.73 7.34 7.87
CCIL T Bill Liquidity Weight 2.70 0.02 0.06 0.24 0.60 1.32 3.29 3.94 4.14 4.58 4.77
Debt: Liquid 3.41 0.01 0.06 0.28 0.82 1.76 4.41 6.00 6.41 7.10 7.68
Rank within category 12 34 8 27 23 5 12 8 4 5 9
Number of funds in category 39 39 39 39 39 39 39 35 34 33 30

As on 21-Oct-2020

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 4.64 6.33 6.73 0.28 670
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.72 6.30 6.68 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.35 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.71 6.35 6.72 0.30 24,930
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.73 6.34 6.72 0.25 24,817

Best & Worst Performance

Best (Period) Worst (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) 0.79 (15-Jul-2020 - 14-Oct-2020)
Year 9.92 (12-Aug-2011 - 13-Aug-2012) 4.44 (01-Jun-2009 - 01-Jun-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.23 0.39 3.02 3.79 0.71 1.99
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 8 11 7 10 12 13
Number of funds in category 36 36 36 35 36 36

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 26 30 14 36
Modified Duration (yrs) 0.08 0.12 0.06 0.10
Average Maturity (yrs) 0.08 0.12 0.07 0.09
Yield to Maturity (%) 3.34 5.64 3.30 3.38
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
up MRPL 91-D 05/10/2020 Commercial Paper A1+ 0.00 - 9.70 9.70
equal 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 8.98 8.98
new Infina Finance Commercial Paper A1+ 0.00 - 7.46 7.46
equal Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 7.46 7.46
new Indian Oil Corp. Commercial Paper A1+ 0.00 - 7.46 7.46
new Power Grid Corporation 179-D 16/10/2020 Commercial Paper A1+ 0.00 - 7.46 7.46
new Reserve Bank of India 182-D 22/10/2020 Treasury Bills SOV 0.00 - 7.45 7.45
equal TV18 Broadcast 90-D 29/10/2020 Commercial Paper A1+ 0.00 - 7.45 7.45
new Reserve Bank of India 182-D 17/12/2020 Treasury Bills SOV 0.00 - 7.42 7.42
equal 8.80% REC 25/10/2020 Bonds AAA 0.00 - 5.24 5.24
down Kotak Mahindra Investments 60-D 23/10/2020 Commercial Paper A1+ 0.00 - 6.11 4.47
equal L&T Infrastructre Finance 364-D 17/11/2020 Commercial Paper A1+ 0.00 - 4.46 4.46
equal Reliance Jio Infocomm 91-D 19/10/2020 Commercial Paper A1+ 0.00 - 3.73 3.73
equal Reliance Industries 91-D 02/11/2020 Commercial Paper A1+ 0.00 - 3.72 3.72
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 3.72 3.72
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 3.71 3.71
new Axis Bank 30/10/2020 Certificate of Deposit A1+ 0.00 - 2.98 2.98
new 9.02% LIC Housing Fin. 2020 Debenture AAA 0.00 - 2.46 2.46
new ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 2.23 2.23
up Reserve Bank of India 91-D 01/10/2020 Treasury Bills SOV 0.00 - 1.49 1.49
down Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 1.83 0.75
new Reserve Bank of India 364-D 19/11/2020 Treasury Bills SOV 0.00 - 0.74 0.74
new Larsen & Toubro 270-D 15/12/2020 Commercial Paper A1+ 0.00 - 0.74 0.74
new Kotak Mahindra Bank 2020 Certificate of Deposit A1+ 0.00 - 0.74 0.74
new Indian Oil Corp. 56-D 29/10/2020 Commercial Paper A1+ 0.00 - 0.74 0.74

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-2020

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:


0.01%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 262.7175

Dividend Weekly: ₹ 100.5520

More

Dividend Monthly: ₹ 108.6308

Dividend Daily: ₹ 100.3040

Bonus: ₹ 179.6048


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 (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
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: 7.63%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 670 Cr (As on 30-Sep-2020)
Expense: 0.28% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily20-Oct-20200.0115

 19-Oct-20200.0105
 18-Oct-20200.0087
 17-Oct-20200.0087
 16-Oct-20200.0089
 15-Oct-20200.0107
 14-Oct-20200.0095
 13-Oct-20200.0098
 12-Oct-20200.0081
 11-Oct-20200.0078
 10-Oct-20200.0079
 09-Oct-20200.0101
 08-Oct-20200.0091
 07-Oct-20200.0095
 06-Oct-20200.0097
 05-Oct-20200.0082
 04-Oct-20200.0086
 03-Oct-20200.0085
 02-Oct-20200.0086
 01-Oct-20200.0084
 30-Sep-20200.0142
 29-Sep-20200.0089
 28-Sep-20200.0094
 27-Sep-20200.0091
 26-Sep-20200.0091
Dividend Weekly16-Oct-20200.0628

 09-Oct-20200.0725
 01-Oct-20200.0592
 25-Sep-20200.0585
 18-Sep-20200.0606
 11-Sep-20200.0435
 04-Sep-20200.0621
 28-Aug-20200.0541
 21-Aug-20200.0648
 14-Aug-20200.0702
 07-Aug-20200.0650
 31-Jul-20200.0584
 24-Jul-20200.0616
 17-Jul-20200.0646
 10-Jul-20200.0629
 03-Jul-20200.0711
 26-Jun-20200.0729
 19-Jun-20200.0900
 12-Jun-20200.0842
 05-Jun-20200.0666
 29-May-20200.0755
 22-May-20200.1206
 15-May-20200.1284
 08-May-20200.1107
 30-Apr-20200.0698
Dividend Monthly25-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
 25-Jan-20190.3602
 28-Dec-20180.3602
 30-Nov-20180.3602
 26-Oct-20180.3602
 28-Sep-20180.3602
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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