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Money market fund launched by PGIM
February 29, 2020
Money market fund launched by PGIM and the New fund offer scheme is open for six days from today. PGIM India will be managed by Kumaresh Ramakrishnan and Kunal Jain.
Benchmark of the fund is CRISIL money and its main focus is to generate alternate investment avenues to collect surplus funds for short period with investments for next few months.
PGIM will invest in various money market instruments and minimum investment in the scheme is Rs. 5000.
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