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Money Market📊 NIFTY Money Market Index(SEBI default)

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

#21 of 27 (1Y)

NAV

₹1416.3277

as of 31 Jul 2026

Expense Ratio

0.46%

AUM

₹143 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.92%
3Y
+6.86%
5Y
+6.10%
Since Inception
+5.59%

SIP returns (XIRR)

1Y
+6.15%
3Y
+6.72%
5Y
+6.64%
Since Inception
+6.26%

What history actually did — last 6 years (Aug 2020 – Jul 2026)

A ₹5,000 monthly SIP for the last 6 years (Aug 2020 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹4,29,304 today ₹3,55,000 invested, 6.4% XIRR.

₹3,55,000

Invested

₹4,29,304

Value today

6.4%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 6 years (Aug 2020 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 6 years ago would be ₹1,38,342 today (5.6% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2020 would still hold ₹9,54,115.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 6 years (Aug 2020 – Jul 2026) (3 Jun 2024) would be ₹1,15,331 today (1.15×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

1.01

Sharpe Ratio

Alpha

Beta

1.31

Sortino

0.49%

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 ₹143 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
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