PGIM India Overnight Fund - Regular Plan - Weekly Dividend Option
Fund House: PGIM India Mutual Fund| Category: Debt: Overnight |
| Launch Date: 27-08-2019 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY 1D Rate TRI |
| TER: 0.2% As on (30-08-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 99.63 Cr As on 30-08-2024(Source:AMFI) |
| Turn over: - | Exit Load: W.E.F 10th Jan 2022 - NIL |
1009.3587
0.18 (0.0175%)
4.69%
Benchmark: 6.36%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The Scheme seeks 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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.42 |
| Sharpe Ratio | -0.42 |
| Alpha | 1.4 |
| Beta | 0.78 |
| Yield to Maturity | 6.65 |
| Average Maturity | 1.0 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| PGIM India Overnight Fund - Regular Plan - Weekly Dividend Option | 27-08-2019 | 6.74 | 6.52 | 5.72 | 4.72 | - |
| Quant Overnight Fund - Growth Option - Regular Plan | 05-12-2022 | 7.11 | - | - | - | - |
| BANK OF INDIA Overnight Fund Regular Plan Growth | 05-01-2020 | 6.86 | 6.7 | 5.8 | - | - |
| Axis Overnight Fund - Regular Plan - Growth Option | 01-03-2019 | 6.78 | 6.62 | 5.72 | 4.81 | - |
| Invesco India Overnight Fund - Regular Plan - Growth | 01-01-2020 | 6.77 | 6.58 | 5.68 | - | - |
| UTI - Overnight Fund - Regular Plan - Growth Option | 09-12-2003 | 6.76 | 6.59 | 5.69 | 4.79 | 5.85 |
| Bajaj Finserv Overnight Fund - Regular Plan - Growth | 05-07-2023 | 6.74 | - | - | - | - |
| Mirae Asset Overnight Fund Regular Plan Growth | 15-10-2019 | 6.74 | 6.57 | 5.68 | - | - |
| PGIM India Overnight Fund - Regular Plan- Growth Option | 27-08-2019 | 6.73 | 6.55 | 5.67 | 4.81 | - |
| ICICI Prudential Overnight Fund - Growth | 05-11-2018 | 6.73 | 6.56 | 5.65 | 4.74 | - |
Scheme Characteristics
Investment in overnight securities having maturity of 1 day.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
3.46%
