PGIM India Money Market Fund
The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.
Growthvine rating: 1/5 — ranked #23 of 27 in category.
Fund basics
| Category | Debt: Money Market |
|---|---|
| NAV | ₹1421.29 (as of 2026-08-21) |
| AUM | ₹126 Cr |
| Expense ratio | 0.32% |
| Riskometer | Low to Moderate |
| Fund manager | Akhil Dhar |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.11% |
|---|---|
| Sharpe ratio | 1.72 |
| Standard deviation | 0.53% |
| Max drawdown | -0.79% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 93.9% of NIFTY Money Market Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.9% | Q4 (Bottom) | #21 of 26 |
| 2025 | 7.1% | Q3 | #17 of 24 |
| 2024 | 7.3% | Q4 (Bottom) | #19 of 24 |
| 2023 | 7.1% | Q2 | #11 of 22 |
| 2022 | 4.4% | Q3 | #11 of 19 |