PGIM India Banking And PSU Debt Fund Growth - Latest NAV ₹18.9484, Returns, Performance & Portfolio

PGIM India Banking And PSU Debt Fund Growth

  • highlight
    8.36%
  • highlight
    18.9484

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.36%
3 Years8.67%
1 Year10.01%
6 Months4.58%
Fund Details
ISININF223J01SW6
RiskModerately Low risk
Fund TypeBanking & PSU
NAV18.9484
Exit Load--

More about this fundstar

Top HoldingsWeightage
91 DTB 0511202018.44%
Hindustan Petroleum Corporation Limited9.24%
Indian Oil Corporation Limited6.92%
National Bank For Agriculture and Rural Development4.79%
Indian Railway Finance Corporation Limited4.77%
Power Finance Corporation Limited4.65%
State Bank Of India4.61%
Rural Electrification Corporation Limited3.81%
Housing and Urban Development Corporation Limited (Hudco)2.9%
Small Industries Development Bank of India2.9%

About DHFL Pramerica Banking And PSU Debt Fund

DHFL Pramerica Banking And PSU Debt Fund is an open-ended debt fund which as the name suggests invests in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. The scheme seeks to deliver regular income over a short-term. The fund may also invest in units of liquid mutual fund schemes, but will not invest in equity-linked debentures.

Pros & Cons of DHFL Pramerica Banking And PSU Debt Fund

  • DHFL Pramerica Banking And PSU Debt Fund offers the following benefits:
  • The fund empowers investors to generate regular income and capital appreciation with low risk and high liquidity.
  • The scheme may invest in other mutual fund units acting on the lines of fund of funds.
  • Except, 1-year returns, all returns are less than the average category returns.

Fund Information and Statistics of DHFL Pramerica Banking And PSU Debt Fund

i) Inception / Launch date –

DHFL Pramerica Banking And PSU Debt Fund was launched on March 11, 2013, by DHFL Pramerica Mutual Fund.

ii) Risk level –

Investment in this fund is a moderately low-risk bet and suitable to generate returns over a short-term timeframe.

iii) Redemption –

The scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.

iv) Fund Manager –

The fund is managed by Mr Puneet Pal since January 2018. He is an MBA (Finance) and comes with 16 years of experience in debt markets within the mutual fund space.

v) Entry / Exit load -

The fund house does not charge any entry load or exit load.

Tax benefits of investing in DHFL Pramerica Banking And PSU Debt Fund

A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend distribution tax will be deducted before distribution of the dividend.

About DHFL Pramerica Mutual Fund

DHFL Pramerica Mutual Fund as the name suggests is a joint venture between DHFL and Pramerica which a trade name used by PFI. The latter with its associated companies is one of the world’s leading financial services group with the US $ 1.334 trillion of assets under management. It comes with over 140 years of experience in financial services serving in US, Asia, Europe, and Latin America.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately Low risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns