DEBT•MONEY MARKET FUND
PGIM India Money Market Fund
3 Year return
7.20%
NAV on August 11, 2026
1466.7232
1D Returns
+0.95%
Launched on February 2020(6 years)
Investment Details
₹1000
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
11.92%₹429
Total Value ₹4,029
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹131.91 Cr.
Expense Ratio
0.16% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
PGIM India Mutual Fund Manager
AD
Akhil Dhar
Fund Manager since Feb 2026
BK
Bhupesh Kalyani
Fund Manager since Apr 2026
PP
Puneet Pal
Fund Manager since Jul 2022
Fund House Details
PGIM India Mutual Fund
Asset management company
AUM
₹26,639.93 Cr.
No. of Schemes
76
Setup Date
May 2010
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| TATA Money Market Fund | 7.5418% | 4.5 |
| Nippon India Money Market Fund | 7.433% | 4.5 |
| Axis Money Market Fund | 7.4604% | 4 |
Schemes by PGIM India Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Dividend Payout9.9381%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Dividend Reinvestment9.9381%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Monthly Dividend Option Payout9.9008%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Monthly Dividend Option Reinvestment9.9008%
The PGIM India Money Market Fund Direct Plan Growth is a money market fund managed by PGIM India Mutual Fund. It is a debt fund, which means that it invests in debt securities.
The fund is an open-ended fund, which means that it can issue and redeem units on a daily basis. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The primary objective of the PGIM India Money Market Fund Direct Plan Growth is to generate reasonable returns with a focus on capital preservation and liquidity. The fund aims to achieve this by investing in a diversified portfolio of money market instruments, such as commercial paper, certificates of deposit, treasury bills, and other short-term debt securities.
Key Features of The Fund
5-year return
6.5519%
Expense Ratio
0.16%
Fund Manager
Akhil Dhar
Fund Size
₹131.91 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
PGIM India Money Market Fund Direct Plan Growth could be suitable for investors who are seeking a low-risk, short-term investment option that provides liquidity and a potential alternative to traditional savings accounts or fixed deposits. If you have a low-risk tolerance, a need for quick access to your funds, and are looking to park surplus funds for a short duration, this fund might align well with your preferences.
Before investing, it's crucial to align the fund's objectives with your own financial goals, risk tolerance, and investment horizon.
AMC Contact Details
| Name | PGIM India Mutual Fund |
| Launch Date | May 2010 |
| Address | 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex,Bandra (East), Mumbai - 400 051 Phone No: +91 22 6159 3000 |
| Contact | 1800 266 7446 |
| care@pgimindia.co.in | |
| Website | https://www.pgimindiamf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Planning Tool at You Fingertips Now – SIP Calculator
Estimating and comparing your returns from different mutual funds can happen within under a minute with just 3 steps:
Step 1: Open Angel One's free SIP calculator.
Step 2: Enter your SIP Amount, investment horizon, and expected rate of return.
Step 3: Compare!
FAQs
What is today's NAV of PGIM India Money Market Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of PGIM India Money Market Fund on August 11, 2026, is ₹1466.7232
What is the AUM of PGIM India Money Market Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of PGIM India Money Market Fund, is ₹131.91 crore.
What is the expense ratio of PGIM India Money Market Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of PGIM India Money Market Fund is 0.16%
What are the returns of PGIM India Money Market Fund since inception?
The PGIM India Money Market Fund was launched on February 28, 2020. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in PGIM India Money Market Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for PGIM India Money Market Fund is ₹1000.
How do I invest in PGIM India Money Market Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in PGIM India Money Market Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in PGIM India Money Market Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in PGIM India Money Market Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,029 in 3Y at 7.1957% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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