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PGIM India Money Market Fund NFO Details

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PGIM India Money Market Fund NFO period begins from Feb 28 to March 05 

PGIM India Mutual Fund to dispatch its new store offer, in particular, PGIM India Money Market Fund. So at that point, this store comes as an open-finished obligation plot. Additionally, it would put resources into currency showcase instruments. Furthermore, the membership would open on Feb 28, 2020. Notwithstanding, it stays shut on March 5, 2020.

PGIM India Money Market Fund NFO Details

Store Name PGIM India Money Market Fund

Store House PGIM India Mutual Fund

NFO Period Feb 28 to March 05, 2020

Benchmark CRISIL Money Market Fund Index

The PGIM India MF NFO offer cost would remain Rs 1000 for each unit. Additionally, the benchmark remains CRISIL Money Market Fund Index.

Section Load and Exit Load

Exactly, there appears to be no passage and leave load for this offer.

Least Investment Amount

Essentially, according to the draft plan, the base speculation for the underlying buy remained as Rs 5,000 and inmultiples of Re 1/ - from there on. Likewise, for extra buys, the base sum would remain Rs 1000 and in products of Re 1/ - from that point.

Objects of the NFO

Especially, the plan tries to convey reasonable market-related returns through interests in Money Market Instruments. In any case, there can exist no affirmation that the venture goal would remain accomplished. Henceforth, the plan doesn't ensure any profits.

Designation Pattern

Instruments Indicative Allocations  Risk Profile

Currency Market Instruments 0 to 100% Low

Disclaimer: This article offers just data with respect to the plan. It doesn't give any guidance or speculation tips to financial specialists. MF ventures are fixed to advertise hazard. If it's not too much trouble counsel your money related guide before contribute.