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pgim india flexi cap fund direct growth
PGIM India Flexi Cap Fund Direct Growth

PGIM India Flexi Cap Fund Direct Growth

  • Very High Risk
  • Equity
  • Flexi Cap
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NAV as on Jul 18, 2025
i
Price per unit of the scheme.
₹ 42.3700-0.63%1 Day Change
1.70%
Minimum Investment₹5000
Expense Ratio0.40%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
5
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jul 18, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
23Out of 35 funds in the category
Category Avg Return
1.37%
Fund Return 1.70%
Low1.37%11.93%High
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
PGIM India Flexi Cap Fund Direct Growth
VS
Equity: Flexi Cap Average NAV
    Topper in Equity: Flexi Cap
    Motilal Oswal Flexicap Fund Direct Plan Growth
    All Fund
    *For the other fund, rescaled NAVs are used
    Share
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    PGIM India Flexi Cap Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹87,831
    • Current Value
      ₹4,47,831

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty 500 TR INR
    Expense Ratio
    0.40%
    Category Avg Expense Ratio
    0.77%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 6,262.21 Cr(As on May, 2025)
    Inception Date
    Mar 04, 2015
    Turnover
    141.00 %
    Exit Load
    For Exits within 90 days from date of allotment of units 0.50%. For Exits beyond 90 days from date of allotment of units NIL.

    bt_logoABOUT THE FUND

    Objective: To generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives.

    PGIM India Flexi Cap Fund Direct Growth is an Equity - Flexi Cap fund. The fund was launched inMar 04, 2015. Its risk level is . The NAV of the fund as onJul 18, 2025 is ₹42.37. Its expense ratio is 0.40 %. The fund has an AUM of ₹6,262.21 Cr.The fund is managed byVinay Paharia,Puneet Pal,A. Anandha Padmanabhan,Ojasvi Khicha,Chetan Gindodia,Vivek Sharma.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    A. Anandha Padmanabhan
    A. Anandha Padmanabhan
    i
    Lead Fund Manager.
    Jun 1, 2021 - Present
    • Fund Manager Rank23Out of 28
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed2
    • Total AUM₹ 6,334.02 Cr
    • Highest Return In 1 Yr6.45 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Flexi Cap Fund Direct Growth
    ₹ 42.37
    1.70%
    1.86%
    Very High Risk
    ₹6,262.21Cr
    PGIM India Equity Savings Fund Direct Plan Growth
    ₹ 55.74
    0.45%
    0.78%
    Low to Moderate Risk
    ₹71.81Cr
    PGIM India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 42.37
    • Fund Size₹6,262.21Cr
    Fund Return1.70%
    Category Return1.86%
    PGIM India Equity Savings Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 55.74
    • Fund Size₹71.81Cr
    Fund Return0.45%
    Category Return0.78%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vinay Paharia
    Vinay Paharia
    i
    Lead Fund Manager.
    Apr 1, 2023 - Present
    • Schemes managed8
    • Total AUM₹ 21,435.34 Cr
    • Highest Return In 1 Yr9.39 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.59
    0.85%
    1.24%
    Very High Risk
    ₹975.78Cr
    PGIM India Large Cap Fund Direct Plan Growth
    ₹ 402.02
    0.80%
    1.18%
    Very High Risk
    ₹599.76Cr
    PGIM India Midcap Opportunities Fund Direct Growth
    ₹ 75.99
    2.52%
    2.45%
    Very High Risk
    ₹11,051.86Cr
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.59
    • Fund Size₹975.78Cr
    Fund Return0.85%
    Category Return1.24%
    PGIM India Large Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 402.02
    • Fund Size₹599.76Cr
    Fund Return0.80%
    Category Return1.18%
    PGIM India Midcap Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 75.99
    • Fund Size₹11,051.86Cr
    Fund Return2.52%
    Category Return2.45%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Puneet Pal
    Puneet Pal
    i
    Lead Fund Manager.
    Apr 1, 2023 - Present
    • Schemes managed19
    • Total AUM₹ 21,638.09 Cr
    • Highest Return In 1 Yr9.84 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Overnight Fund Direct Growth
    --
    ₹ 1,339.98
    0.42%
    -%
    Low Risk
    ₹74.19Cr
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    --
    --
    -%
    -%
    Low to Moderate Risk
    ₹0.00Cr
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.59
    0.85%
    1.24%
    Very High Risk
    ₹975.78Cr
    PGIM India Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,339.98
    • Fund Size₹74.19Cr
    Fund Return0.42%
    Category Return--
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    Low to Moderate Risk--
    • NAV--
    • Fund Size₹0.00Cr
    Fund Return--
    Category Return--
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.59
    • Fund Size₹975.78Cr
    Fund Return0.85%
    Category Return1.24%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ojasvi Khicha
    Ojasvi Khicha
    i
    Lead Fund Manager.
    Apr 1, 2023 - Present
    • Schemes managed13
    • Total AUM₹ 23,404.58 Cr
    • Highest Return In 1 Yr16.95 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Large Cap Fund Direct Plan Growth
    ₹ 402.02
    0.80%
    1.18%
    Very High Risk
    ₹599.76Cr
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.59
    0.85%
    1.24%
    Very High Risk
    ₹975.78Cr
    PGIM India Ultra Short Duration Fund Direct Plan Growth
    ₹ 35.78
    0.59%
    0.45%
    Low to Moderate Risk
    ₹198.08Cr
    PGIM India Large Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 402.02
    • Fund Size₹599.76Cr
    Fund Return0.80%
    Category Return1.18%
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.59
    • Fund Size₹975.78Cr
    Fund Return0.85%
    Category Return1.24%
    PGIM India Ultra Short Duration Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 35.78
    • Fund Size₹198.08Cr
    Fund Return0.59%
    Category Return0.45%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chetan Gindodia
    Chetan Gindodia
    i
    Lead Fund Manager.
    Mar 29, 2024 - Present
    • Schemes managed7
    • Total AUM₹ 10,527.76 Cr
    • Highest Return In 1 Yr16.95 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Emerging Markets Equity Fund Direct Plan Growth
    --
    ₹ 19.11
    3.52%
    -%
    Very High Risk
    ₹156.65Cr
    PGIM India Global Select Real Estate Securities FoF Direct Growth
    --
    ₹ 11.13
    -0.54%
    -%
    Very High Risk
    ₹47.38Cr
    PGIM India Flexi Cap Fund Direct Growth
    ₹ 42.37
    1.70%
    1.86%
    Very High Risk
    ₹6,262.21Cr
    PGIM India Emerging Markets Equity Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 19.11
    • Fund Size₹156.65Cr
    Fund Return3.52%
    Category Return--
    PGIM India Global Select Real Estate Securities FoF Direct Growth
    Very High Risk--
    • NAV₹ 11.13
    • Fund Size₹47.38Cr
    Fund Return-0.54%
    Category Return--
    PGIM India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 42.37
    • Fund Size₹6,262.21Cr
    Fund Return1.70%
    Category Return1.86%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vivek Sharma
    Vivek Sharma
    i
    Lead Fund Manager.
    Apr 15, 2024 - Present
    • Schemes managed10
    • Total AUM₹ 22,047.75 Cr
    • Highest Return In 1 Yr16.95 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Small Cap Fund Direct Growth
    --
    ₹ 17.82
    6.26%
    4.13%
    Very High Risk
    ₹1,487.37Cr
    PGIM India Midcap Opportunities Fund Direct Growth
    ₹ 75.99
    2.52%
    2.45%
    Very High Risk
    ₹11,051.86Cr
    PGIM India ELSS Tax Saver Fund Dir Gr
    ₹ 40.11
    1.78%
    1.75%
    Very High Risk
    ₹772.34Cr
    PGIM India Small Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.82
    • Fund Size₹1,487.37Cr
    Fund Return6.26%
    Category Return4.13%
    PGIM India Midcap Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 75.99
    • Fund Size₹11,051.86Cr
    Fund Return2.52%
    Category Return2.45%
    PGIM India ELSS Tax Saver Fund Dir Gr
    Very High Risk
    • NAV₹ 40.11
    • Fund Size₹772.34Cr
    Fund Return1.78%
    Category Return1.75%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (96.90%)
    DEBT (0.17%)
    CASH (2.93%)
    Allocation by Market Cap
    Large Cap(62.59%)
    Mid Cap(24.46%)
    Small Cap(9.85%)
    Industry Holdings
    • Banks Regional19.18%
    • Information Technology Services6.40%
    • Oil Gas Refining Marketing5.96%
    • Drug Manufacturers Specialty Generic5.25%
    • Auto Manufacturers4.86%
    • Credit Services4.70%
    Stock Holdings
    • HDFC Bank Ltd9.01%
    • ICICI Bank Ltd8.54%
    • Reliance Industries Ltd5.78%
    • Tata Consultancy Services Ltd3.50%
    • Bharti Airtel Ltd3.29%
    • TVS Motor Co Ltd2.73%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.63
      This Fund
      VS
      1.48
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      89.85
      This Fund
      VS
      87.19
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.89
      This Fund
      VS
      0.93
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.91
      This Fund
      VS
      1.07
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.54
      This Fund
      VS
      1.86
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      13.22
      This Fund
      VS
      14.05
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    LIC MF Flexi Cap Fund Direct Plan Growth OptionLIC MF Flexi Cap Fund Direct Plan Growth Option
    ₹ 109.01
    4.86%
    1.86%
    Very High Risk
    ₹ 1,568.53 Cr
    Quant Flexi Cap Fund Growth Option Direct PlanQuant Flexi Cap Fund Growth Option Direct Plan
    ₹ 109.92
    3.30%
    1.86%
    Very High Risk
    ₹ 7,153.22 Cr
    Bank of India Flexi Cap Fund Direct GrowthBank of India Flexi Cap Fund Direct Growth
    ₹ 37.85
    3.25%
    1.86%
    Very High Risk
    ₹ 2,152.50 Cr
    Motilal Oswal Flexicap Fund Direct Plan GrowthMotilal Oswal Flexicap Fund Direct Plan Growth
    ₹ 69.12
    3.23%
    1.86%
    Very High Risk
    ₹ 13,023.40 Cr
    Invesco India Flexi Cap Fund Direct GrowthInvesco India Flexi Cap Fund Direct Growth
    --
    ₹ 20.18
    3.22%
    1.86%
    Very High Risk
    ₹ 2,986.70 Cr
    Shriram Flexi Cap Fund Direct GrowthShriram Flexi Cap Fund Direct Growth
    ₹ 22.89
    2.48%
    1.86%
    Very High Risk
    ₹ 133.27 Cr
    LIC MF Flexi Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 109.01
    • Fund Size₹ 1,568.53 Cr
    Fund Return4.86%
    Category Return1.86%
    Quant Flexi Cap Fund Growth Option Direct Plan
    Very High Risk
    • NAV₹ 109.92
    • Fund Size₹ 7,153.22 Cr
    Fund Return3.30%
    Category Return1.86%
    Bank of India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 37.85
    • Fund Size₹ 2,152.50 Cr
    Fund Return3.25%
    Category Return1.86%
    Motilal Oswal Flexicap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 69.12
    • Fund Size₹ 13,023.40 Cr
    Fund Return3.23%
    Category Return1.86%
    Invesco India Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 20.18
    • Fund Size₹ 2,986.70 Cr
    Fund Return3.22%
    Category Return1.86%
    Shriram Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 22.89
    • Fund Size₹ 133.27 Cr
    Fund Return2.48%
    Category Return1.86%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    PGIM India Small Cap Fund Direct GrowthPGIM India Small Cap Fund Direct Growth
    --
    ₹ 17.82
    6.26%
    4.13%
    Very High Risk
    ₹ 1,487.37 Cr
    PGIM India Global Equity Opportunities Fund Direct Plan GrowthPGIM India Global Equity Opportunities Fund Direct Plan Growth
    --
    ₹ 50.18
    4.63%
    --
    Very High Risk
    ₹ 1,384.16 Cr
    PGIM India Emerging Markets Equity Fund Direct Plan GrowthPGIM India Emerging Markets Equity Fund Direct Plan Growth
    --
    ₹ 19.11
    3.52%
    --
    Very High Risk
    ₹ 156.65 Cr
    PGIM India Midcap Opportunities Fund Direct GrowthPGIM India Midcap Opportunities Fund Direct Growth
    ₹ 75.99
    2.52%
    2.45%
    Very High Risk
    ₹ 11,051.86 Cr
    PGIM India Hybrid Equity Fund Direct Plan GrowthPGIM India Hybrid Equity Fund Direct Plan Growth
    ₹ 155.88
    2.06%
    1.34%
    Very High Risk
    ₹ 214.21 Cr
    PGIM India ELSS Tax Saver Fund Dir GrPGIM India ELSS Tax Saver Fund Dir Gr
    ₹ 40.11
    1.78%
    1.75%
    Very High Risk
    ₹ 772.34 Cr
    PGIM India Small Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.82
    • Fund Size₹ 1,487.37 Cr
    1 Month Return6.26%
    Category Return4.13%
    PGIM India Global Equity Opportunities Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 50.18
    • Fund Size₹ 1,384.16 Cr
    1 Month Return4.63%
    Category Return--
    PGIM India Emerging Markets Equity Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 19.11
    • Fund Size₹ 156.65 Cr
    1 Month Return3.52%
    Category Return--
    PGIM India Midcap Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 75.99
    • Fund Size₹ 11,051.86 Cr
    1 Month Return2.52%
    Category Return2.45%
    PGIM India Hybrid Equity Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 155.88
    • Fund Size₹ 214.21 Cr
    1 Month Return2.06%
    Category Return1.34%
    PGIM India ELSS Tax Saver Fund Dir Gr
    Very High Risk
    • NAV₹ 40.11
    • Fund Size₹ 772.34 Cr
    1 Month Return1.78%
    Category Return1.75%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    PGIM India Asset Management Private Limited
    PGIM India Asset Management Private Limited manages assets worth ₹ 25,855.59 crores. It’s current offering of mutual fund schemes includes 12 equity, 14 debt and 4 hybrid schemes.
    phone icon
    Phone
    +91 22 61593000
    mail icon
    Email
    care@pgimindia.co.in
    aum
    AUM
    ₹ 25,855.59 Cr (
    As on May 31, 2025
    )
    location
    Address
    Nirlon House, 2nd Floor, Mumbai,400 030

    bt_logoFAQ's

    What is the category of PGIM India Flexi Cap Fund Direct Growth ?
    The category of PGIM India Flexi Cap Fund Direct Growth is Equity - Flexi Cap
    What is the current NAV of PGIM India Flexi Cap Fund Direct Growth ?
    The current NAV of PGIM India Flexi Cap Fund Direct Growth as on Jul 18, 2025 is ₹42.37
    How safe is PGIM India Flexi Cap Fund Direct Growth ?
    The risk level of PGIM India Flexi Cap Fund Direct Growth is Very High.
    What are short term returns given by PGIM India Flexi Cap Fund Direct Growth ?
    The return given by PGIM India Flexi Cap Fund Direct Growth in 1 month is 1.70%, 3 months is 7.16%, 6 months is 7.65%, and 1 year is 5.03%
    What are the long term returns given by PGIM India Flexi Cap Fund Direct Growth ?
    The return given by PGIM India Flexi Cap Fund Direct Growth in 3 years is 17.26% and 5 years is 22.48%.
    What is the expense ratio of PGIM India Flexi Cap Fund Direct Growth ?
    The expense ratio of PGIM India Flexi Cap Fund Direct Growth is 0.40%
    What is the AUM of PGIM India Flexi Cap Fund Direct Growth ?
    The assets under Management (AUM) of PGIM India Flexi Cap Fund Direct Growth is Rs 6,262.21 crores.
    What is the minimum investment in PGIM India Flexi Cap Fund Direct Growth ?
    The minimum Lumpsum investment in PGIM India Flexi Cap Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in PGIM India Flexi Cap Fund Direct Growth is ₹1,000.00
    What is the asset allocation of PGIM India Flexi Cap Fund Direct Growth?
    PGIM India Flexi Cap Fund Direct Growth has an exposure of 96.90% in Equity, 0.17% in Debt and 2.93% in Cash & Money Market Securities

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