PGIM India Overnight Fund - Regular Plan- Growth Option

PGIM India Overnight Fund - Regular Plan- Growth Option is a scheme launched by PGIM Mutual Fund on August 27, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 55.48 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 0.15% for managing the portfolio.

• Investing Strategy:

  The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

• Performance:

  PGIM India Overnight Fund - Regular Plan- Growth Option trailing returns over different times are 6.1% (1 year), 6.38% (3 year) and 5.21% (5 year). The average annual return of this fund stands at 4.06%.