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Money Market📊 NIFTY Money Market Index(SEBI default)

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

#22 of 28 (1Y)

NAV

₹1403.6690

as of 16 Jun 2026

Expense Ratio

0.46%

AUM

₹207 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.79%
3Y
+6.84%
5Y
+6.00%
Since Inception
+5.55%

SIP returns (XIRR)

1Y
+5.83%
3Y
+6.67%
5Y
+6.57%
Since Inception
+6.21%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹37,500

Invested

₹45,474

Value today

6.2%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,401

Value today

5.5%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹3,75,000

Withdrawn

₹9,46,165

Corpus left

+₹3,21,165 net gain — withdrew ₹3,75,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,40,907

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,40,907 — a 1.4× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

0.96

Sharpe Ratio

Alpha

Beta

1.28

Sortino

0.46%

Std Dev

-0.11%

Max Drawdown

Performance Comparison

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Fund Details

Fund HousePGIM India Mutual Fund
CategoryMoney Market
BenchmarkNIFTY Money Market Index
Launch Date06 Mar 2020
AMFI Code148159
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹1,000

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

PGIM India Money Market Fund · Regular · Growth by PGIM India Mutual Fund is a Money Market fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Money Market category.

About This Fund

PGIM India Money Market Fund · Regular · Growth is a Money Market mutual fund offered by PGIM India Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹207 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Money Market Index. The current expense ratio is 0.46%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations