Pgim India Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 16
Rating
Growth Option 13-03-2026
NAV ₹1380.19(R) -0.06% ₹1424.17(D) -0.06%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.65% 6.99% 5.79% -% -%
Direct 6.92% 7.31% 6.27% -% -%
Benchmark
SIP (XIRR) Regular 5.59% 6.7% 5.01% -% -%
Direct 5.86% 7.0% 5.35% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.37 3.23 0.71 1.14% -3.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.38% 0.0% 0.0% 0.15 0.24%
Fund AUM As on: 30/12/2025 203 Cr
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Axis Money Market Fund 2
Franklin India Money Market Fund 3
Nippon India Money Market Fund 4
Tata Money Market Fund 5

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
PGIM India Money Market Fund - Direct Plan - Weekly Dividend Option 1000.12
-0.6400
-0.0600%
PGIM India Money Market Fund - Regular Plan - Weekly Dividend Option 1001.05
-0.6500
-0.0600%
PGIM India Money Market Fund - Regular Plan - Daily Dividend Option 1008.34
-0.6500
-0.0600%
PGIM India Money Market Fund - Direct Plan - Daily Dividend Option 1009.69
-0.6500
-0.0600%
PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option 1057.38
-0.6800
-0.0600%
PGIM India Money Market Fund - Direct Plan - Monthly Dividend Option 1067.2
-0.6800
-0.0600%
PGIM India Money Market Fund - Regular Plan - Growth Option 1380.19
-0.8900
-0.0600%
PGIM India Money Market Fund - Direct Plan - Growth Option 1424.17
-0.9100
-0.0600%

Review Date: 13-03-2026

Beginning of Analysis

In the Money Market Fund category, Pgim India Money Market Fund is the 15th ranked fund. The category has total 20 funds. The Pgim India Money Market Fund has shown a poor past performence in Money Market Fund. The fund has a Jensen Alpha of 1.14% which is lower than the category average of 1.25%, showing poor performance. The fund has a Sharpe Ratio of 3.37 which is lower than the category average of 3.67.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Pgim India Money Market Fund Return Analysis

  • The fund has given a return of 0.28%, 1.2 and 2.7 in last one, three and six months respectively. In the same period the category average return was 0.29%, 1.26% and 2.81% respectively.
  • Pgim India Money Market Fund has given a return of 6.92% in last one year. In the same period the Money Market Fund category average return was 7.05%.
  • The fund has given a return of 7.31% in last three years and ranked 17.0th out of twenty one funds in the category. In the same period the Money Market Fund category average return was 7.38%.
  • The fund has given a return of 6.27% in last five years and ranked 11th out of sixteen funds in the category. In the same period the Money Market Fund category average return was 6.3%.
  • The fund has given a SIP return of 5.86% in last one year whereas category average SIP return is 6.07%. The fund one year return rank in the category is 23rd in 23 funds
  • The fund has SIP return of 7.0% in last three years and ranks 19th in 21 funds. Tata Money Market Fund has given the highest SIP return (7.35%) in the category in last three years.
  • The fund has SIP return of 5.35% in last five years whereas category average SIP return is 5.44%.

Pgim India Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.38 and semi deviation of 0.24. The category average standard deviation is 0.36 and semi deviation is 0.23.
  • The fund has a beta of 0.15 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.26
    0.27
    		0.18 | 0.34 15 | 25 Average
    3M Return % 1.13
    1.18
    		0.99 | 1.26 19 | 24 Poor
    6M Return % 2.58
    2.65
    		2.25 | 2.76 18 | 23 Average
    1Y Return % 6.65
    6.71
    		5.89 | 7.00 14 | 23 Average
    3Y Return % 6.99
    7.04
    		6.28 | 7.40 14 | 21 Average
    5Y Return % 5.79
    5.97
    		5.10 | 6.31 13 | 16 Poor
    1Y SIP Return % 5.59
    5.73
    		4.90 | 5.98 18 | 23 Average
    3Y SIP Return % 6.70
    6.80
    		6.00 | 7.12 16 | 21 Average
    5Y SIP Return % 5.01
    5.14
    		4.28 | 5.43 12 | 16 Average
    Standard Deviation 0.38
    0.36
    		0.29 | 0.38 19 | 21 Poor
    Semi Deviation 0.24
    0.23
    		0.17 | 0.27 13 | 21 Average
    Sharpe Ratio 3.37
    3.67
    		1.64 | 4.53 17 | 21 Average
    Sterling Ratio 0.71
    0.71
    		0.64 | 0.75 14 | 21 Average
    Sortino Ratio 3.23
    3.70
    		1.09 | 6.61 14 | 21 Average
    Jensen Alpha % 1.14
    1.25
    		0.47 | 1.58 16 | 21 Average
    Treynor Ratio -3.04
    -3.80
    		-6.90 | -3.00 2 | 21 Very Good
    Modigliani Square Measure % 8.57
    8.83
    		7.20 | 9.50 17 | 21 Average
    Alpha % -0.86
    -0.83
    		-1.57 | -0.46 14 | 21 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.28 0.29 0.25 | 0.39 16 | 26 Average
    3M Return % 1.20 1.26 1.20 | 1.36 25 | 25 Poor
    6M Return % 2.70 2.81 2.70 | 2.89 24 | 24 Poor
    1Y Return % 6.92 7.05 6.83 | 7.21 20 | 23 Poor
    3Y Return % 7.31 7.38 6.74 | 7.63 17 | 21 Average
    5Y Return % 6.27 6.30 6.02 | 6.55 11 | 16 Average
    1Y SIP Return % 5.86 6.07 5.86 | 6.22 23 | 23 Poor
    3Y SIP Return % 7.00 7.13 6.60 | 7.35 19 | 21 Poor
    5Y SIP Return % 5.35 5.44 5.28 | 5.64 11 | 16 Average
    Standard Deviation 0.38 0.36 0.29 | 0.38 19 | 21 Poor
    Semi Deviation 0.24 0.23 0.17 | 0.27 13 | 21 Average
    Sharpe Ratio 3.37 3.67 1.64 | 4.53 17 | 21 Average
    Sterling Ratio 0.71 0.71 0.64 | 0.75 14 | 21 Average
    Sortino Ratio 3.23 3.70 1.09 | 6.61 14 | 21 Average
    Jensen Alpha % 1.14 1.25 0.47 | 1.58 16 | 21 Average
    Treynor Ratio -3.04 -3.80 -6.90 | -3.00 2 | 21 Very Good
    Modigliani Square Measure % 8.57 8.83 7.20 | 9.50 17 | 21 Average
    Alpha % -0.86 -0.83 -1.57 | -0.46 14 | 21 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Pgim India Money Market Fund NAV Regular Growth Pgim India Money Market Fund NAV Direct Growth
    13-03-2026 1380.1863 1424.1735
    12-03-2026 1381.0774 1425.0819
    11-03-2026 1381.215 1425.2135
    10-03-2026 1380.9578 1424.9378
    09-03-2026 1380.6875 1424.6485
    06-03-2026 1380.3728 1424.2928
    05-03-2026 1380.1143 1424.0158
    04-03-2026 1379.8958 1423.78
    02-03-2026 1379.8108 1423.6717
    27-02-2026 1379.4143 1423.2317
    26-02-2026 1379.2427 1423.0443
    25-02-2026 1378.9475 1422.7295
    24-02-2026 1378.6655 1422.4281
    23-02-2026 1378.4122 1422.1564
    20-02-2026 1377.8038 1421.4979
    18-02-2026 1377.3372 1420.9968
    17-02-2026 1377.2928 1420.9413
    16-02-2026 1377.1335 1420.7673
    13-02-2026 1376.5675 1420.1546

    Fund Launch Date: 28/Feb/2020
    Fund Category: Money Market Fund
    Investment Objective: The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.
    Fund Description: An open ended debt scheme investing in money market instruments
    Fund Benchmark: CRISIL Money Market Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.