Pgim India Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 9
BMSMONEY Rating
Growth Option As On: 22-04-2024
NAV ₹1219.04 (R) +0.05% ₹1251.47 (D) +0.05%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 7.01% 5.27% -% -% -%
LumpSum Dir. P 7.38% 5.85% -% -% -%
SIP Reg. P -8.46% 0.67% -% -% -%
SIP Dir. P -8.12% 1.15% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-3.9 -0.76 0.51 -1.58% -0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.58% 0.0% 0.0% 1.15 0.41%

NAV Date: 22-04-2024

Scheme Name NAV Rupee Change Percent Change
PGIM India Money Market Fund - Regular Plan - Weekly Dividend Option 1001.77
-0.8900
-0.0900%
PGIM India Money Market Fund - Direct Plan - Weekly Dividend Option 1001.8
-0.9300
-0.0900%
PGIM India Money Market Fund - Regular Plan - Daily Dividend Option 1006.08
0.0000
0.0000%
PGIM India Money Market Fund - Direct Plan - Daily Dividend Option 1006.08
0.0000
0.0000%
PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option 1045.95
0.5300
0.0500%
PGIM India Money Market Fund - Direct Plan - Monthly Dividend Option 1054.76
0.5600
0.0500%
PGIM India Money Market Fund - Regular Plan - Growth Option 1219.04
0.6200
0.0500%
PGIM India Money Market Fund - Direct Plan - Growth Option 1251.47
0.6700
0.0500%

Review Date: March 28, 2024

Performance of the PGIM India Money Market Fund has been analyzed on 17 performance parameters. Out of six return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of four) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance PGIM India Money Market Fund has achieved ninth (out of 16 funds), which is average rank in the Money Market Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Money Market Fund category has 16 funds.
Our ranking method uses a composite performance score, which includes the fund's return, risk, and risk-adjusted performance over the past three years. This composite performance score is then used to rank the funds within a category.

The PGIM India Money Market Fund has poor return performance, as all 1 year and above return parameters are below average in Money Market Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the PGIM India Money Market Fund has given return of 0.64% in last one month which is very poor as it is in the fourth quartile in Money Market Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the PGIM India Money Market Fund has given return of 1.79% in last three month which is poor as it is in the below average in Money Market Fund.
  3. 1 Year Return%: The PGIM India Money Market Fund has given return of 7.22% in last one year which is poor as it is in the below average in Money Market Fund. The one year return rank of PGIM India Money Market Fund is 11 in 19 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10722.0 in one year.
  4. 3 Year Return%: The PGIM India Money Market Fund has given return of 5.15% in last three year which is very poor as it is in the fourth quartile with rank of 12 in 16 funds. in Money Market Fund.
  5. 1 Year SIP Return%: The PGIM India Money Market Fund has given return of -8.8% in last one year which is poor as it is in the below average with return rank of 13 in 19 funds. in Money Market Fund.
  6. 3 Year SIP Return%: The PGIM India Money Market Fund has given return of 4.36% in last three year which is poor as it is in the below average with return rank of 11 in 16 funds. in Money Market Fund.
    7. '
'

The PGIM India Money Market Fund has average risk performance, as more than 25% risk parameters are above average Money Market Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The PGIM India Money Market Fund has standard deviation of 0.58 which is good as it is above average with risk rank of 7 in 10 funds. in Money Market Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The PGIM India Money Market Fund has semi deviation of 0.41 which is good as it is above average with risk rank of 5 in 10 funds. in Money Market Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The PGIM India Money Market Fund has max drawdown of 0.0% which is good as it is above average with risk rank of 7 in 10 funds. in Money Market Fund.
  4. Average Drawdown %: It is the average of the drawdowns over a period of time. The PGIM India Money Market Fund has average drawdown of 0.0% which is good as it is above average with risk rank of 7 in 10 funds. in Money Market Fund.
    5. '
'

The PGIM India Money Market Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Money Market Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Sterling Ratio of 0.51 which is very poor as it is in the fourth quartile with risk rank of 8 in 10 funds. in Money Market Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Sortino Ratio of -0.76 which is very poor as it is in the fourth quartile with risk rank of 8 in 10 funds. in Money Market Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Jensen Alpha of -1.58% which is very poor as it is in the fourth quartile with risk rank of 9 in 10 funds. in Money Market Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Treynor Ratio of -0.02 which is very poor as it is in the fourth quartile with risk rank of 8 in 10 funds. in Money Market Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Modigliani Square Measure of 4.4% which is poor as it is in the below average with risk rank of 7 in 10 funds. in Money Market Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The PGIM India Money Market Fund has Alpha of -0.71% which is very poor as it is in the fourth quartile with risk rank of 9 in 10 funds. in Money Market Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.65
0.65
0.51 | 0.70 13 | 19
Yes
No
No
3M Return % 1.83
1.93
1.61 | 2.06 16 | 19
No
No
Yes
6M Return % 3.58
3.66
3.22 | 3.88 13 | 19
No
No
No
1Y Return % 7.01
7.10
6.33 | 7.55 12 | 19
No
No
No
3Y Return % 5.27
5.43
4.52 | 5.83 12 | 16
No
No
Yes
1Y SIP Return % -8.46
-8.32
-9.09 | -7.90 14 | 19
No
No
No
3Y SIP Return % 0.67
0.78
-0.10 | 1.17 11 | 16
No
No
No
Standard Deviation 0.58
0.59
0.52 | 0.70 7 | 10
Yes
No
No
Semi Deviation 0.41
0.43
0.36 | 0.56 5 | 10
Yes
No
No
Max Drawdown % 0.00
-0.07
-0.40 | 0.00 7 | 10
Yes
No
No
Average Drawdown % 0.00
-0.07
-0.40 | 0.00 7 | 10
Yes
No
No
Sharpe Ratio -3.90
-3.44
-4.18 | -3.02 8 | 10
No
No
Yes
Sterling Ratio 0.51
0.54
0.42 | 0.57 8 | 10
No
No
Yes
Sortino Ratio -0.76
-0.72
-0.78 | -0.68 8 | 10
No
No
Yes
Jensen Alpha % -1.58
-1.20
-3.35 | -0.59 9 | 10
No
No
Yes
Treynor Ratio -0.02
-0.02
-0.02 | -0.01 8 | 10
No
No
Yes
Modigliani Square Measure % 4.40
4.53
3.25 | 5.20 7 | 10
No
No
No
Alpha % -0.71
-0.34
-1.48 | 0.16 9 | 10
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.68 0.68 0.54 | 0.72 12 | 19
Yes
No
No
3M Return % 1.91 2.00 1.72 | 2.12 17 | 19
No
No
Yes
6M Return % 3.75 3.82 3.44 | 4.02 16 | 19
No
No
Yes
1Y Return % 7.38 7.46 6.88 | 7.79 14 | 19
No
No
No
3Y Return % 5.85 5.77 5.40 | 6.05 8 | 16
Yes
No
No
1Y SIP Return % -8.12 -8.00 -8.62 | -7.66 15 | 19
No
No
Yes
3Y SIP Return % 1.15 1.12 0.76 | 1.40 9 | 16
Yes
No
No
Standard Deviation 0.58 0.59 0.52 | 0.70 7 | 10
Yes
No
No
Semi Deviation 0.41 0.43 0.36 | 0.56 5 | 10
Yes
No
No
Max Drawdown % 0.00 -0.07 -0.40 | 0.00 7 | 10
Yes
No
No
Average Drawdown % 0.00 -0.07 -0.40 | 0.00 7 | 10
Yes
No
No
Sharpe Ratio -3.90 -3.44 -4.18 | -3.02 8 | 10
No
No
Yes
Sterling Ratio 0.51 0.54 0.42 | 0.57 8 | 10
No
No
Yes
Sortino Ratio -0.76 -0.72 -0.78 | -0.68 8 | 10
No
No
Yes
Jensen Alpha % -1.58 -1.20 -3.35 | -0.59 9 | 10
No
No
Yes
Treynor Ratio -0.02 -0.02 -0.02 | -0.01 8 | 10
No
No
Yes
Modigliani Square Measure % 4.40 4.53 3.25 | 5.20 7 | 10
No
No
No
Alpha % -0.71 -0.34 -1.48 | 0.16 9 | 10
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.05 ₹ 10005.0 0.05 ₹ 10005.0
1W 0.08 ₹ 10008.0 0.08 ₹ 10008.0
1M 0.65 ₹ 10065.0 0.68 ₹ 10068.0
3M 1.83 ₹ 10183.0 1.91 ₹ 10191.0
6M 3.58 ₹ 10358.0 3.75 ₹ 10375.0
1Y 7.01 ₹ 10701.0 7.38 ₹ 10738.0
3Y 5.27 ₹ 11666.0 5.85 ₹ 11860.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.4647 ₹ 11442.252 -8.1225 ₹ 11465.1
3Y ₹ 36000 0.6749 ₹ 36375.948 1.1456 ₹ 36639.684
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
22-04-2024 1219.0377 1251.4711
19-04-2024 1218.417 1250.7984
18-04-2024 1218.3372 1250.7046
16-04-2024 1218.0747 1250.4115
15-04-2024 1217.7673 1250.084
12-04-2024 1217.2251 1249.492
08-04-2024 1215.8933 1248.0774
05-04-2024 1215.2572 1247.3879
04-04-2024 1214.8275 1246.935
03-04-2024 1214.3458 1246.4286
02-04-2024 1214.3388 1246.4091
28-03-2024 1212.7 1244.6698
27-03-2024 1211.0172 1242.9308
26-03-2024 1211.1094 1243.0134
22-03-2024 1210.3756 1242.2133
21-03-2024 1210.2583 1242.0811
20-03-2024 1209.9112 1241.7132
19-03-2024 1209.7336 1241.5192
18-03-2024 1209.5694 1241.339
15-03-2024 1208.8262 1240.5411
14-03-2024 1208.634 1240.332
13-03-2024 1208.4826 1240.165
12-03-2024 1208.3169 1239.9831
11-03-2024 1208.0509 1239.6986
07-03-2024 1207.1576 1238.7469
06-03-2024 1206.8498 1238.4193
05-03-2024 1206.6653 1238.2183
04-03-2024 1206.4012 1237.9356
01-03-2024 1205.658 1237.2061
29-02-2024 1205.4356 1236.9663
28-02-2024 1205.2104 1236.7235
27-02-2024 1204.9917 1236.4874
26-02-2024 1204.7796 1236.2581
23-02-2024 1204.1432 1235.5698
22-02-2024 1203.9299 1235.3391
21-02-2024 1203.6188 1235.0082
20-02-2024 1203.4142 1234.7864
16-02-2024 1202.4992 1233.8003
15-02-2024 1202.2488 1233.5315
14-02-2024 1201.9675 1233.231
13-02-2024 1201.7229 1232.9682
12-02-2024 1201.4722 1232.6991
09-02-2024 1200.8228 1231.9973
08-02-2024 1200.6179 1231.7752
07-02-2024 1200.4209 1231.5613
06-02-2024 1200.1933 1231.3165
05-02-2024 1199.9784 1231.0847
02-02-2024 1199.2995 1230.3545
01-02-2024 1199.0664 1230.1041
31-01-2024 1198.8274 1229.8476
30-01-2024 1198.6035 1229.6066
29-01-2024 1198.3868 1229.373
25-01-2024 1197.4873 1228.4051
24-01-2024 1197.2908 1228.1921
23-01-2024 1197.1218 1228.0074
19-01-2024 1196.3025 1227.1216
18-01-2024 1196.1067 1226.9093
17-01-2024 1195.905 1226.691
16-01-2024 1195.7153 1226.4851
15-01-2024 1195.539 1226.2929
12-01-2024 1194.9068 1225.61
11-01-2024 1194.6543 1225.3397
10-01-2024 1194.4293 1225.0975
09-01-2024 1194.1859 1224.8364
08-01-2024 1193.9133 1224.5454
05-01-2024 1193.2235 1223.8037
04-01-2024 1192.9778 1223.5403
03-01-2024 1192.7095 1223.2537
02-01-2024 1192.4906 1223.0178
01-01-2024 1192.1892 1222.6974
29-12-2023 1191.4068 1221.8608
28-12-2023 1190.9597 1221.391
27-12-2023 1190.6491 1221.0612
26-12-2023 1190.4841 1220.8807
22-12-2023 1189.6062 1219.9352
21-12-2023 1189.4053 1219.7179
20-12-2023 1189.1556 1219.4505
19-12-2023 1188.9296 1219.2074
18-12-2023 1188.6495 1218.909
15-12-2023 1188.0513 1218.2619
14-12-2023 1187.8811 1218.0762
13-12-2023 1187.6527 1217.8307
12-12-2023 1187.3772 1217.5369
11-12-2023 1187.2924 1217.4388
08-12-2023 1186.6772 1216.7778
07-12-2023 1186.4752 1216.5595
06-12-2023 1186.1864 1216.252
05-12-2023 1185.9004 1215.9476
04-12-2023 1185.6406 1215.6699
01-12-2023 1184.9991 1214.9785
30-11-2023 1184.894 1214.8596
29-11-2023 1184.7019 1214.6513
28-11-2023 1184.4969 1214.4298
24-11-2023 1183.638 1213.5006
23-11-2023 1183.4299 1213.2752
22-11-2023 1183.2425 1213.0709
21-11-2023 1183.019 1212.8296
20-11-2023 1182.8503 1212.6444
17-11-2023 1182.1773 1211.9177
16-11-2023 1181.9508 1211.6732
15-11-2023 1181.8106 1211.5172
13-11-2023 1181.3852 1211.0562
10-11-2023 1180.6929 1210.3089
09-11-2023 1180.5128 1210.1118
08-11-2023 1180.36 1209.9427
07-11-2023 1180.1637 1209.7292
06-11-2023 1179.9528 1209.5005
03-11-2023 1179.2524 1208.7456
02-11-2023 1178.9774 1208.4514
01-11-2023 1178.7316 1208.1871
31-10-2023 1178.4611 1207.8975
30-10-2023 1178.2445 1207.6633
27-10-2023 1177.7393 1207.1086
26-10-2023 1177.5122 1206.8635
25-10-2023 1177.3422 1206.6769
23-10-2023 1176.931 1206.2309
20-10-2023 1176.331 1205.5792
19-10-2023 1176.1413 1205.3724
18-10-2023 1175.9772 1205.192
17-10-2023 1175.7958 1204.9938
16-10-2023 1175.609 1204.7902
13-10-2023 1174.9373 1204.065
12-10-2023 1174.7783 1203.8899
11-10-2023 1174.5623 1203.656
10-10-2023 1174.3289 1203.4042
09-10-2023 1174.1905 1203.2498
06-10-2023 1173.5551 1202.5621
05-10-2023 1173.5053 1202.4984
04-10-2023 1173.3382 1202.3146
03-10-2023 1173.0043 1201.9597
29-09-2023 1172.145 1201.0287
27-09-2023 1171.718 1200.5663
26-09-2023 1171.3708 1200.1982
25-09-2023 1171.2927 1200.1058
22-09-2023 1170.6387 1199.399
21-09-2023 1170.402 1199.1442
20-09-2023 1170.3085 1199.0361
18-09-2023 1169.8868 1198.5797
15-09-2023 1169.2846 1197.9259
14-09-2023 1169.0401 1197.6631
13-09-2023 1168.861 1197.4675
12-09-2023 1168.6921 1197.2823
11-09-2023 1168.5509 1197.1255
08-09-2023 1167.9378 1196.4608
07-09-2023 1167.7493 1196.2555
06-09-2023 1167.532 1196.0207
05-09-2023 1167.3309 1195.8025
04-09-2023 1167.0902 1195.5439
01-09-2023 1166.4773 1194.8796
31-08-2023 1166.2599 1194.6448
30-08-2023 1166.0411 1194.4086
29-08-2023 1165.7422 1194.0903
28-08-2023 1165.576 1193.9079
25-08-2023 1164.9321 1193.212
24-08-2023 1164.6926 1192.9545
23-08-2023 1164.4415 1192.6852
22-08-2023 1164.2901 1192.5181
21-08-2023 1164.0676 1192.278
18-08-2023 1163.3606 1191.5177
17-08-2023 1163.1261 1191.2654
14-08-2023 1162.7472 1190.8414
11-08-2023 1162.262 1190.3084
10-08-2023 1162.299 1190.3342
09-08-2023 1162.1855 1190.206
08-08-2023 1161.9762 1189.9797
07-08-2023 1161.7478 1189.7338
04-08-2023 1161.1559 1189.0916
03-08-2023 1160.9543 1188.8731
02-08-2023 1160.8432 1188.7474
01-08-2023 1160.7319 1188.6215
31-07-2023 1160.5172 1188.3897
28-07-2023 1159.9208 1187.743
27-07-2023 1159.7586 1187.565
26-07-2023 1159.5673 1187.3572
25-07-2023 1159.2634 1187.034
24-07-2023 1159.0361 1186.7894
21-07-2023 1158.4858 1186.1912
20-07-2023 1158.2251 1185.9124
19-07-2023 1157.9331 1185.6015
18-07-2023 1157.7806 1185.4334
17-07-2023 1157.5535 1185.189
14-07-2023 1157.0229 1184.6072
13-07-2023 1156.7288 1184.2941
12-07-2023 1156.4241 1183.9703
11-07-2023 1156.2109 1183.7401
10-07-2023 1155.9789 1183.4907
07-07-2023 1155.4384 1182.9016
06-07-2023 1155.1543 1182.5989
05-07-2023 1154.9708 1182.3991
04-07-2023 1154.7486 1182.1599
03-07-2023 1154.4211 1181.8129
30-06-2023 1153.5945 1180.9313
28-06-2023 1153.0836 1180.3847
27-06-2023 1152.7545 1180.0361
26-06-2023 1152.6806 1179.9487
23-06-2023 1152.1468 1179.367
22-06-2023 1152.0666 1179.2732
21-06-2023 1151.7935 1178.982
20-06-2023 1151.7615 1178.9374
19-06-2023 1151.5072 1178.6654
16-06-2023 1150.8505 1177.958
15-06-2023 1150.6152 1177.7055
14-06-2023 1150.3529 1177.4252
13-06-2023 1150.0245 1177.0774
12-06-2023 1149.6813 1176.7145
09-06-2023 1149.0226 1176.005
08-06-2023 1149.0507 1176.0221
07-06-2023 1149.0737 1176.0339
06-06-2023 1148.8307 1175.7735
05-06-2023 1148.553 1175.4777
02-06-2023 1147.904 1174.7784
01-06-2023 1147.5598 1174.4144
31-05-2023 1147.1986 1174.0331
30-05-2023 1147.0542 1173.8736
29-05-2023 1146.8658 1173.6691
26-05-2023 1146.4565 1173.2148
25-05-2023 1146.2162 1172.9572
24-05-2023 1146.0497 1172.775
23-05-2023 1146.0165 1172.7294
22-05-2023 1146.2135 1172.9191
19-05-2023 1144.8588 1171.4978
18-05-2023 1144.5449 1171.1649
17-05-2023 1144.216 1170.8167
16-05-2023 1143.8899 1170.4715
15-05-2023 1143.4589 1170.0188
12-05-2023 1142.6211 1169.1268
11-05-2023 1142.5196 1169.0114
10-05-2023 1142.3044 1168.7795
09-05-2023 1142.0432 1168.5007
08-05-2023 1141.8059 1168.2463
04-05-2023 1140.972 1167.3468
03-05-2023 1140.7992 1167.1584
02-05-2023 1140.4371 1166.7764
28-04-2023 1139.835 1166.1144
27-04-2023 1139.7241 1165.9895
26-04-2023 1139.6253 1165.8768
25-04-2023 1139.2998 1165.5323
24-04-2023 1139.1999 1165.4185

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

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