PGIM India Banking and PSU Debt fund -Growth

PGIM India Banking and PSU Debt fund -Growth is a scheme launched by PGIM Mutual Fund on March 08, 2013, and falls under the PSU Themes fund category. It currently manages an AUM of Rs 45.83 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.43% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  PGIM India Banking and PSU Debt fund -Growth trailing returns over different times are NA% (1 year), NA% (3 year) and NA% (5 year). The average annual return of this fund stands at NA%.