PGIM India Money Market Fund
DEBT
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DEBT
An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk scheme.
(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 which was further merged with PGIM India Money Market Fund w.e.f. September 30, 2023.)
- NAV as on 25 Jun 2026
- ₹1453.30290.06%
- Benchmark
- CRISIL Money Market A-I Index
- Risk
- Low To Moderate
- AUM as on 31 May 2026
- ₹142.16 Cr
- Date of Inception
- 06 Mar 2020
- Expense Ratio (24 Jun 2026)
- 0.15%
- Ideal Holding Period
- 3 Months +
₹1 Lakh invested
Since Inception
Lumpsum
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 6.03% | ₹1,44,090 |
| Benchmark Returns | 5.85% | ₹1,42,571 |
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Fund Returns
Annual Returns*
6.03%
Current value
₹1,44,090
Benchmark Returns*
5.85%
Current value
₹1,42,571
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Exit Load
Nil
Minimum Investment
SIP : ₹1,000 | Lumpsum : ₹5,000
Portfolio Holdings as on 31 May 2026
Asset Allocation
- A1+ - 76.12%
- Cash and Cash Equivalents - 13.77%
- Sovereign - 9.50%
- Debt - 0.61%
Top holdings
- 91 DAYS TBILL RED 20-08-20269.03 %
- INFINA FINANCE PVT LT CP 17-11-267.44 %
- INDIAN BANK CD RED 04-12-20267.44 %
- KOTAK MAHINDRA BANK CD RED 05-03-20277.30 %
- UNION BANK OF INDIA CD RED 16-03-20277.29 %
Top Sectors
- Financial Services76.12 %
- Sovereign9.50 %
- Others21.61 %
- Cash-7.84 %
- AIF0.61 %
Quantitative Indicators
- Yield to Maturity
- 7.37%
- Modified Duration
- 5.5 Months
- Portfolio Macaulay Duration
- 6.0 Months
- Average Maturity
- 6.0 Months
Performance
Historical Returns
Historical Returns Calculator
Historical Returns as of May 31, 2026 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 | 5.80% ₹ 10,578 5.67 % ₹ 10,566 3.97 % ₹ 10,396 |
3 Years | 7.06% ₹ 12,269 6.87 % ₹ 12,203 6.34 % ₹ 12,023 |
5 Years | 6.35% ₹ 13,599 6.18 % ₹ 13,497 5.60 % ₹ 13,129 |
Since Inception | 6.03% ₹ 14,404 5.85 % ₹ 14,253 5.48 % ₹ 13,944 |
- 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 May 31, 2026.
- The performance provided is for Direct Plan - Growth Option.
Fund Managers
Puneet Pal
He has more than two decades of experience in the debt markets within the mutual fund space.
Akhil Dhar
He has over 9 years of work experience, majority of which is in the field of credit analysis of large Indian corporates group.
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.
About PGIM India Money Market Fund
No records available
Frequently Asked Questions
No records available
Fund Documents
Riskometer
- 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.
This product is suitable for investors who are seeking*:
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
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
AMFI Tier - 1 Benchmark - CRISIL Money Market A-I Index
Potential Risk Class
Credit Risk
Interest Rate Risk
Relatively Low
(Class A)
(Class A)
Moderate
(Class B)
(Class B)
Relatively High
(Class C)
(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).
