Should I invest in PGIM India Money Market Fund - Monthly Dividend Option?

We don't give personal investment advice. PGIM India Money Market Fund - Regular Plan - Monthly Dividend 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: 1.9%. 5-year CAGR: 0.85%.

PGIM India

PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option

Latest NAV

₹1,048.0511

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%	+0.04%	+0.01	27 / 46	Q3
1W	+0.07%	+0.05%	+0.03	24 / 46	Q3
2W	+0.07%	+0.02%	+0.05	17 / 44	Q2
1M	-0.41%	+0.15%	-0.56	40 / 45	Q4
3M	-1.17%	+0.49%	-1.66	43 / 43	Q4
6M	-1.21%	+1.06%	-2.28	42 / 43	Q4
YTD	-1.11%	+0.97%	-2.08	40 / 42	Q4
1Y	-1.33%	+1.56%	-2.89	38 / 42	Q4
2Y	+0.02%	+2.34%	-2.32	25 / 39	Q3
3Y	+0.65%	+2.52%	-1.87	19 / 39	Q2
4Y	+1.04%	+2.46%	-1.41	16 / 33	Q2
5Y	+0.85%	+1.93%	-1.08	15 / 32	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.73%	+1.86%	-1.13	24 / 46	Q3

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	-1.11%	+0.97%	-2.08	36 / 38
2025	+0.70%	+2.33%	-1.63	17 / 36
2024	+1.64%	+2.60%	-0.97	17 / 39
2023	+2.42%	+2.54%	-0.13	16 / 35
2022	+0.98%	+1.53%	-0.55	13 / 30
2021	-0.31%	+0.99%	-1.30	28 / 29
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

+0.87%

66 windows

min -1.5% · max 2.6%

74% positive

3-Year rolling

+1.26%

42 windows

min 0.2% · max 1.9%

100% positive

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

5-Year rolling

+0.99%

17 windows

min 0.8% · max 1.3%

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

0.78%

3-year · annualised

Sharpe ratio

-7.48

vs risk-free 6.5%

Sortino ratio

-9.85

Downside-only deviation

Max drawdown

-1.90%

Nov 2025 → Jun 2026

% positive months

77.8%

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
SBI Savings Fund - Regular Plan Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹14.3686	17 Jul 2026
Invesco India Money Market Fund - Regular - Monthly IDCW (Payout / Reinvestment)	Invesco	₹1,512.0118	17 Jul 2026
Bandhan Money Market Fund - Regular Plan - Periodic IDCW	Bandhan	₹14.1109	17 Jul 2026
Mirae Asset Money Market Fund Regular IDCW	Mirae Asset	₹1,341.6330	17 Jul 2026
Edelweiss Money Market Fund - Regular Plan - Annual - IDCW Option	Edelweiss	₹29.9517	17 Jul 2026
DSP Savings Fund - Regular Plan - IDCW - Daily	DSP	₹10.1021	17 Jul 2026
HSBC Money Market Fund - Regular Daily IDCW	HSBC	₹10.8591	17 Jul 2026
Baroda BNP Paribas Money Market Fund - Regular Plan - Monthly IDCW	Baroda BNP Paribas	₹1,015.9102	17 Jul 2026
UTI MMF - Regular Plan - Flexi Dividend Option	UTI	₹1,274.4634	17 Jul 2026
PGIM India Money Market Fund - Regular Plan - Daily Dividend Option	PGIM India	₹1,009.0935	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,048.0511
16 Jul 2026	₹1,047.5265
15 Jul 2026	₹1,047.0911
14 Jul 2026	₹1,046.9196
13 Jul 2026	₹1,047.5009
10 Jul 2026	₹1,047.2706
9 Jul 2026	₹1,047.0239
8 Jul 2026	₹1,046.4698
7 Jul 2026	₹1,046.9524
6 Jul 2026	₹1,047.6109

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 - Monthly Dividend Option is ₹1,048.0511. It's a Money Market Fund from PGIM India, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Money Market Fund - Regular Plan - Monthly Dividend 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 - Monthly Dividend 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 - Monthly Dividend Option has delivered a absolute return of -1.33% — -2.89 pp behind the Money Market Fund category average of 1.56%. The fund ranks #38 of 42 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option has delivered a CAGR of 0.65% — -1.87 pp behind the Money Market Fund category average of 2.52%. The fund ranks #19 of 39 in its category — the second (Q2) quartile.

Over the trailing 5-year window, PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option has delivered a CAGR of 0.85% — -1.08 pp behind the Money Market Fund category average of 1.93%. The fund ranks #15 of 32 in its category — the second (Q2) quartile.

₹1 lakh invested in PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option exactly 5 years ago would be worth approximately ₹104,327 today — a multiplier of 1.04×, based on the 5-year CAGR of 0.85%. The category average over the same window would have grown ₹1 lakh to ₹110,044.

A ₹10,000 monthly SIP in PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹608,740 today. That's an XIRR (money-weighted annualised return) of 0.57%.

PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹608,740 — XIRR 0.57%.

On a 5-year basis, PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option ranks #15 out of 32 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 1.93%; this fund delivered 0.85%.

The worst peak-to-trough decline PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option has experienced over the last 5-year window is 1.90% — its NAV fell from a high on 28 Nov 2025 to a low on 29 Jun 2026. 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 - Monthly Dividend Option averaged 0.99% (best 1.28%, worst 0.81%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -8.09 — negative risk-adjusted performance.

In calendar year 2025, PGIM India Money Market Fund - Regular Plan - Monthly Dividend Option returned 0.70% — lagging the Money Market Fund category average of 2.33% by 1.63 pp. It ranked #17 of 36 in its category that year.

PGIM India Money Market Fund - Regular Plan - Monthly Dividend 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 - Monthly Dividend 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: 1.9%. 5-year CAGR: 0.85%.

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