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.

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PGIM India Floating Rate Fund - Daily Dividend - Reinvestment - Investment Information

Debt
Banking and PSU
Status: Closed

About This Fund

PGIM India Floating Rate Fund - Daily Dividend - Reinvestment

Investment Details

Fund size

₹42 Cr.

Min. Investment

Min. Sip Inv.

Min. Addl Inv.

Expense Ratio

42%

Turn over

Exit Load

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

Fund Suspended: Currently this fund is not available for Investments.

PGIM India Floating Rate Fund - Daily Dividend - Reinvestment

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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.