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Fund Facts
  • Name of Fund:
    PGIM India Retirement
  • Opening:
    26th March 2024
  • Closing:
    9th April 2024
  • Scheme Type:
    Open Ended Solution Oriented Retirement Fund
  • Minimum Investment:
    Rs. 5,000/- and in multiples of Re. 1/-thereafter.
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Nil
  • Exit Road:
    Nil
  • Thereafter:
    Nil

Fund Stats

Objective

The investment objective of the scheme is to provide capital appreciation and income to investors in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments, REITs and InvITs and fixed income securities.

  • Benchmark:

  • BSE 500

  • Fund Manager:

  • Vinay Paharia, Puneet Pal

Asset Allocation

75- 100% Equity
upto 25% Money Market
Comparable existing schemes
UTI Retirement Fund 11.03(6M) 21.10(1Y)
Nippon India Retirement Fund 8.28(6M) 13.45(1Y)

Fund Prognosis

Idea Distiller

The fund addresses the biggest concern of salary earners. And intends to provide a working solution for it.

  • Fund House AAUM:

  • Rs 2324016.98 Lakhs(as on 31st March 2024)

  • Fund Manager:

  • Combined experience of above 20 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

It is a solution that is sorely needed. But there are many long term equity funds which provide competition. Take a call.