How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

PGIM India Banking and PSU Debt fund - Quarterly Dividend - Investment Information

Debt
PSU Themes
Status: Open

About This Fund

PGIM India Banking and PSU Debt fund - Quarterly Dividend The primary objective of the Scheme is to seek to generate income and capital appreciation by investing predominantly in debt instruments issued by banks, Public Sector Undertakings, Public Financial institutions and Municipal Bonds. 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 Details

Fund size

₹45.83 Cr.

Min. Investment

₹5,000

Min. Sip Inv.

₹1,000

Min. Addl Inv.

₹1,000

Expense Ratio

0.43%

Turn over

240%

Exit Load

Data not available.

Basic Details

AMC Information

All Funds from PGIM

AMC

PGIM India Mutual Fund

care@pgimindia.co.in

Office No

022-61593000

Website

https://www.pgimindiamf.com

Address

44th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex,Bandra (East), Mumbai - 400 051

All Funds from PGIM

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

PGIM India Banking and PSU Debt fund - Quarterly Dividend

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Frequently Asked Questions

Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.