PGIM India Money Market Fund
(An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk scheme.)

NAV as on 14 Nov 2024

1303.1942

Regular Plan - Growth Option

0.2545 (0.0200%)

NAV of Other Plans

Nature of Scheme :

An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk scheme.

Key Features

Benchmark Index

CRISIL Money Market A-I Index

Minimum Application Amount

Minimum of ₹ 5,000/- and in multiples of ₹ 1/- thereafter.

Minimum Additional Amount

Additional Purchase - Minimum of ₹ 1000/- and in multiples of ₹ 1/- thereafter.

Exit Load

Nil More

Scheme Overview

Investment Objective

The fund seeks to deliver reasonable market related returns through investments in Money Market instruments. However, there is no assurance that the investment objective of the fund will be realized and the fund does not assure or guarantee any returns.

However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Investment Strategy

The investment objective of the fund is to generate returns by investing in money market securities with maturity of up to 1 year. These securities include commercial papers issued by corporations, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposits, usance bills, and any other like instruments as specified by SEBI and RBI from time to time.

Scheme Performance

Download Scheme Performance

Scheme Portfolio

Download Scheme Portfolio

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riskometer

This product is suitable for investors who are seeking*:

Regular income for short term.
Investments in Money Market instruments.
Degree of risk- LOW TO MODERATE

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at moderately low risk

Low To Moderate - Investors understand that their principal will be at low to moderate risk

download documents

Scheme Information Document

Application Form

Product Brochure

Product Presentation

Fund Dashboard

Product Literature

Monthly Portfolio Disclosure

Potential Risk Class
Credit Risk ⮕	Relatively Low (Class A)	Moderate (Class B)	Relatively High (Class C)
Interest Rate Risk ⮕	Relatively Low (Class A)	Moderate (Class B)	Relatively High (Class C)
Relatively Low (Class I)		B-I
Moderate (Class II)
Relatively High (Class III)

fund managers

Mr. Puneet Pal

(Debt Portion)
Over 22 years of experience in Debt Market Read More...

Mr. Bhupesh Kalyani

Over 18 years of experience in fund management of fixed income securities Read More...

* The scheme has 1 segregated portfolio which was created under PGIM India Credit Risk Fund. Main portfolio of PGIM India Credit Risk Fund was merged with PGIM India Low Duration Fund w.e.f. January 22, 2022. Further, Main portfolio of PGIM India Low Duration Fund is now merged with PGIM India Money Market Fund effective September 30, 2023.