Overview
PGIM India Ultra Short Duration Direct Growth
PGIM India Mutual Fund
The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.
Investments in PGIM India Ultra Short Duration Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 35.1658
Fund Size (AUM)
₹204.43 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
01-Jan-2013
Expense Ratio
0.31%
Exit Load
Nil
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Standard Deviation
0.4
History
Performance & Ratios
1-Year SIP Return
7.28%
3-Year SIP Return
7.24%
5-Year SIP Return
6.45%
Mean Return
11.17%
Alpha
2.31
Beta
0.87
Sharpe Ratio
1.27
Sortino Ratio
1.21
Information Ratio
12.22
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.68% | 6.98% | 5.98% | 8.56% |
| Category Average | 7.22% | 6.46% | 5.5% | N/A |
| Rank Within Category | 19 | 16 | 12 | N/A |
Holdings (21)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Indian Bank | Financial | CD | 9.65% |
| HDFC Bank Ltd. | Financial | CD | 9.46% |
| National Housing Bank | Financial | Debenture | 7.34% |
| Shriram Finance Ltd | Financial | Debenture | 6.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.02% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.9% |
| Can Fin Homes Ltd. | Financial | NCD | 4.89% |
| Power Finance Corporation Ltd. | Financial | Debenture | 4.88% |
| Reserve Bank of India | Financial | T-Bills | 4.87% |
| Reserve Bank of India | Financial | T-Bills | 4.86% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct Growth | 6497.63 | 8.11 | 7.38 | 0.38 | N/A |
| Axis Ultra Short Duration Fund Direct Growth | 4800.7 | 8.0 | 7.24 | 0.36 | N/A |
| ICICI Prudential Ultra Short Term Fund Direct Growth | 12673.77 | 7.92 | 7.22 | 0.39 | N/A |
| Sundaram Ultra Short Duration Fund Direct Growth | 1723.33 | 7.89 | 7.15 | 0.24 | N/A |
| UTI Ultra Short Duration Fund Direct Growth | 3142.9 | 7.92 | 7.09 | 0.37 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 5
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 5
AMC Details
Asset Management Company
PGIM India Mutual Fund
DHFL Pramerica Mutual Fund started their mutual fund on 13/05/2010 and its managing total assets of ₹25,191 Cr. Its ranked at 15 as per total assets at end of 30th Sep 2017. PGIM India Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DHFL was established in the year 1984 and it aimed to provide financial access to the middle and lower income strata of the society. Today, it is one of the most trusted and leading financial brands in India.
When it comes to the mutual fund space, this AMC provides funds across various categories and its main vision is financial inclusion, which means that their motto is to bring financial awareness to people in remote cities and towns. DHFL is therefore present in 351 locations across the country.
DHFL Pramerica Trustees Private Limited acts as the trustee company of DHFL Pramerica Mutual Fund and makes sure that all transactions are in accordance with the rules and regulations set-up by SEBI.
Launch Date
2010-05-13T00:00:00.317Z
Total AUM
₹ 23865.19 Cr
Address
7th Floor, Radhe Empire,Chandavarkar RoadBorivali (W), Mumbai Mumbai 400092
Phone
+91 22 6159 5441 / 42
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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PGIM India Ultra Short Duration Direct Growth
PGIM India Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for PGIM India Ultra Short Duration Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of PGIM India Ultra Short Duration Direct Growth?
The top stocks held by PGIM India Ultra Short Duration Direct Growth include Indian Bank, HDFC Bank Ltd., National Housing Bank.
Which industries does PGIM India Ultra Short Duration Direct Growth invest in?
PGIM India Ultra Short Duration Direct Growth primarily invests in the following industries: Financial, Communication.
Who are the fund managers of PGIM India Ultra Short Duration Direct Growth?
The fund managers of PGIM India Ultra Short Duration Direct Growth are Puneet Pal and Bhupesh Kalyani.
How many years has the fund manager been managing PGIM India Ultra Short Duration Direct Growth?
Puneet Pal:
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Bhupesh Kalyani:
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What is the minimum investment for PGIM India Ultra Short Duration Direct Growth?
The minimum investment for PGIM India Ultra Short Duration Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for PGIM India Ultra Short Duration Direct Growth?
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What are the average 3-year returns for PGIM India Ultra Short Duration Direct Growth?
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What is the expense ratio of PGIM India Ultra Short Duration Direct Growth, and how does it compare to its category?
The expense ratio of PGIM India Ultra Short Duration Direct Growth is 0.31%. The average expense ratio for similar funds in the Debt is Calculating....