Should I invest in PGIM India Money Market Fund?

We don't give personal investment advice. PGIM India Money Market Fund - Regular Plan - Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.1%. 5-year CAGR: 6.07%.

PGIM India

PGIM India Money Market Fund - Regular Plan - Growth Option

Latest NAV

₹1,412.6456

As of

17 Jul 2026

1,538 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.05%	+0.05%	0.00	10 / 15	Q3
1W	+0.07%	+0.07%	+0.00	9 / 15	Q3
2W	+0.07%	+0.07%	+0.01	7 / 15	Q2
1M	+0.62%	+0.62%	+0.00	8 / 15	Q3
3M	+1.45%	+1.45%	0.00	10 / 15	Q3
6M	+3.10%	+3.09%	+0.02	10 / 15	Q3
YTD	+3.21%	+3.19%	+0.02	9 / 14	Q3
1Y	+5.85%	+5.84%	+0.00	8 / 13	Q3
2Y	+6.80%	+6.73%	+0.07	7 / 12	Q3
3Y	+6.86%	+6.79%	+0.07	7 / 12	Q3
4Y	+6.79%	+6.60%	+0.19	4 / 10	Q2
5Y	+6.07%	+5.93%	+0.15	4 / 8	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.57%	+5.84%	-0.26	13 / 15	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.21%	+3.19%	+0.02	9 / 14
2025	+7.07%	+6.97%	+0.10	6 / 12
2024	+7.18%	+7.09%	+0.09	7 / 12
2023	+7.09%	+6.75%	+0.35	2 / 11
2022	+4.38%	+4.13%	+0.25	3 / 8
2021	+2.83%	+3.08%	-0.25	5 / 6
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.60%

66 windows

min 2.8% · max 7.8%

100% positive

3-Year rolling

+5.86%

42 windows

min 4.0% · max 7.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+5.68%

17 windows

min 5.4% · max 6.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.55%

3-year · annualised

Sharpe ratio

0.29

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.11%

Jul 2026 → Jul 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
Invesco India Money Market Fund - Regular - Growth	Invesco	₹2,846.7898	17 Jul 2026
Mirae Asset Money Market Fund Regular Growth	Mirae Asset	₹1,341.6432	17 Jul 2026
Edelweiss Money Market Fund - Regular Plan - Growth Option	Edelweiss	₹30.2004	17 Jul 2026
HSBC Money Market Fund - Regular Growth	HSBC	₹28.1473	17 Jul 2026
Baroda BNP Paribas Money Market Fund-Regular Plan - Growth	Baroda BNP Paribas	₹1,470.6523	17 Jul 2026
PGIM India Money Market Fund - Segregated Portfolio 1 - Regular plan - Growth option	PGIM India	₹0.0000	17 Jul 2026
Axis Money Market Fund - Regular Plan - Growth Option	Axis	₹1,528.3815	17 Jul 2026
Bajaj Finserv Money Market Fund-Regular Plan-Growth	Bajaj Finserv	₹1,219.3981	17 Jul 2026
Bank of India Money Market Fund - Regular - Growth	Bank of India	₹10.9854	17 Jul 2026
Groww Money Market Fund Regular Growth	Groww	₹10.3377	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,412.6456
16 Jul 2026	₹1,411.9386
15 Jul 2026	₹1,411.3516
14 Jul 2026	₹1,411.1205
13 Jul 2026	₹1,411.9041
10 Jul 2026	₹1,411.5936
9 Jul 2026	₹1,411.2611
8 Jul 2026	₹1,410.5143
7 Jul 2026	₹1,411.1646
6 Jul 2026	₹1,412.0523

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of PGIM India Money Market Fund - Regular Plan - Growth Option is ₹1,412.6456. It's a Money Market Fund from PGIM India, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

PGIM India Money Market Fund - Regular Plan - Growth Option has NAV history starting from 09 Mar 2020, a track record of about 6 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

PGIM India Money Market Fund - Regular Plan - Growth Option is managed by PGIM India. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Money Market Fund - Regular Plan - Growth Option has delivered a absolute return of 5.85% — +0 pp ahead of the Money Market Fund category average of 5.84%. The fund ranks #8 of 13 in its category — the third (Q3) quartile.

Over the trailing 3-year window, PGIM India Money Market Fund - Regular Plan - Growth Option has delivered a CAGR of 6.86% — +0.07 pp ahead of the Money Market Fund category average of 6.79%. The fund ranks #7 of 12 in its category — the third (Q3) quartile.

Over the trailing 5-year window, PGIM India Money Market Fund - Regular Plan - Growth Option has delivered a CAGR of 6.07% — +0.15 pp ahead of the Money Market Fund category average of 5.93%. The fund ranks #4 of 8 in its category — the second (Q2) quartile.

₹1 lakh invested in PGIM India Money Market Fund - Regular Plan - Growth Option exactly 5 years ago would be worth approximately ₹134,273 today — a multiplier of 1.34×, based on the 5-year CAGR of 6.07%. The category average over the same window would have grown ₹1 lakh to ₹133,351.

A ₹10,000 monthly SIP in PGIM India Money Market Fund - Regular Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹709,568 today. That's an XIRR (money-weighted annualised return) of 6.64%.

PGIM India Money Market Fund - Regular Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹709,568 — XIRR 6.64%.

On a 5-year basis, PGIM India Money Market Fund - Regular Plan - Growth Option ranks #4 out of 8 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 5.93%; this fund delivered 6.07%.

The worst peak-to-trough decline PGIM India Money Market Fund - Regular Plan - Growth Option has experienced over the last 5-year window is 0.11% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, PGIM India Money Market Fund - Regular Plan - Growth Option averaged 5.68% (best 6.07%, worst 5.39%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.94 — negative risk-adjusted performance.

In calendar year 2025, PGIM India Money Market Fund - Regular Plan - Growth Option returned 7.07% — beating the Money Market Fund category average of 6.97% by 0.10 pp. It ranked #6 of 12 in its category that year.

PGIM India Money Market Fund - Regular Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. PGIM India Money Market Fund - Regular Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.1%. 5-year CAGR: 6.07%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

PGIM India Money Market Fund - Regular Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

More from PGIM India