PGIM India Money Market Fund – What Is a Money Market Fund?

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Debt Funds

PGIM India Money Market Fund

NAV as on 04 Aug 2025

₹1379.1449

0.02%

Benchmark

CRISIL Money Market A-I Index

Risk

Low To Moderate

AUM as on 31 Jul 2025

₹234.82 Cr

Date of Inception

06 Mar 2020

Expense Ratio (05 Aug 2025)

0.20%

Ideal Holding Period

3 Months +

₹1 Lakh invested

Over last :

Invested as :

Fund Returns

Annual Returns*

6.09%

Current Value

₹1,36,963

Benchmark Returns

5.90%

₹1,35,663

*Returns are CAGR - Compounded Annual Growth Rate

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 30 Jun 2025

Fund Returns

Annual Returns*

6.09%

Current value

₹1,36,963

Benchmark Returns*

5.90%

Current value

₹1,35,663

*Returns are CAGR - Compounded Annual Growth Rate

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 30 Jun 2025

Exit Load

Nil

Minimum Investment

SIP : ₹1,000 | Lumpsum : ₹5,000

Portfolio Holdings as on 31 Jul 2025

Asset Allocation

A1+ - 74.12%

Cash and Cash Equivalents - 17.23%

Sovereign - 8.29%

Debt - 0.36%

Top holdings

UNION BANK OF INDIA CD R 25-06-26

8.11 %

EXIM BANK CD RED 11-06-2026

6.51 %

AXIS BANK LTD CD RED 11-06-2026

6.50 %

CANARA BANK CD RED 20-02-2026

6.22 %

LIC HOUSING FIN LTD CP 18-02-26

6.22 %

Top Sectors

Financial Services

74.12 %

Sovereign

8.29 %

Others

17.76 %

Cash

-0.53 %

AIF

0.36 %

Quantitative Indicators

Yield to Maturity

6.07%

Modified Duration

6.5 Months

Portfolio Macaulay Duration

7.0 Months

Average Maturity

6.8 Months

Performance

Historical Returns

Historical Returns as of June 30, 2025 with lumpsum investment of ₹10,000

PGIM India Money Market Fund

Returns ^

Value*

CRISIL Money Market A-I Index**

Returns ^

Value*

CRISIL 1 Year T-Bill Index#

Returns ^

Value*

1 Year

8.04%

₹

10,809

7.44 %

₹

10,749

7.82 %

₹

10,786

3 Years

7.43%

₹

12,401

7.23 %

₹

12,331

7.13 %

₹

12,299

Since Inception

6.09%

₹

13,699

5.90 %

₹

13,566

5.77 %

₹

13,477

Date of Inception: Direct Plan: March 06, 2020.
^Above returns are CAGR - Compounded Annual Growth Rate.
** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
Different plans have a different expense structure. The above returns are as on June 30, 2025.
The performance provided is for Direct Plan - Growth Option.

Fund Managers

Puneet Pal

He has more than 2 decades of experience in the debt markets within the mutual fund space.

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Bhupesh Kalyani

He has over two decades of experience in fund management of fixed income securities.

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Fund Details

Investment Objective

The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

Fund Type

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

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.

Fund Documents

KIM

SID

Scheme Summary Document

Product Literature

Fund Dashboard

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.

Scheme Riskometer

The risk of the scheme is Low To Moderate

Benchmark Riskometer

The risk of the Benchmark is
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Money Market A-I Index

The risk of the Benchmark is Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Money Market A-I Index

Potential Risk Class

Credit Risk

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)

B-I is the potential risk class matrix of PGIM India Money Market Fund based on interest rate & credit risk.

A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).