PGIM India Gilt Fund Direct Plan Growth

PGIM India Gilt Fund Direct Plan Growth

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Debt
Direct
Government Bond
NAV: ₹ 29.74 as on 22-05-2024

About the Fund

PGIM India Gilt Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Puneet Pal, Bhupesh Kalyani. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Gilt Fund Direct Plan Growth has ₹121 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.
Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 27K in PGIM India Gilt Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.45%
Benchmark
Benchmark
ICICI Securities Mibex TR INR
AUM
AUM
₹121 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
895.29%

PGIM India Gilt Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
89.9%
Cash Equivalent
10.1%

Top Holdings of PGIM India Gilt Fund Direct Plan Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings10
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
45.33%
27.5%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
40.61%
-42.2%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
2.94%
0%
8.28% Govt Stock 2027
8.28% Govt Stock 2027
2.31%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
1.66%
142.9%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 120.1 Cr
₹ 122.4 Cr
₹ 120.2 Cr
  • AUM of the fund stands at 120.1 Cr as of Apr'24
  • AUM decreased by 2.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 5 years, SBI Magnum Gilt Fund Direct Growth has given 8.45% return, outperforming this fund by 1.18% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 5.0% drop in AUM moving from 127.23 Cr to 120.88 Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.77%.
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In the last 1 year, Invesco India Gilt Fund Direct Plan Growth has given 8.69% return, outperforming this fund by 0.71%.
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In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.6% return, outperforming this fund by 0.75% per annum.

Fund Manager

Puneet Pal
Puneet Pal
Fund Manager of PGIM India Gilt Fund Direct Plan Growth, since 13 December 2017
Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Gilt Fund Direct Plan Growth, since 13 September 2022

PGIM India Gilt Fund Direct Plan Growth Highlights

Risk meter
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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.77% since inception which is more than its category average return of 6.8%
AUM size ₹121 Cr

AUM size ₹121 Cr

This fund has AUM of ₹121 Cr which is less than its category average of ₹ 1484 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions

The current NAV of PGIM India Gilt Fund Direct Plan Growth is ₹29.74 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
PGIM India Gilt Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.86%
1.86%
6 Month Returns
5.59%
5.59%
1 Year Returns
7.98%
7.98%
3 Years Returns
18.59%
5.85%
5 Years Returns
42.03%
7.27%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.45% as on April 2024
₹121 Cr as on April 2024
7.18% Govt Stock 2037(45.33%), 7.25% Govt Stock 2063(40.61%), 7.26% Govt Stock 2033(2.94%), 8.28% Govt Stock 2027(2.31%), 7.18% Govt Stock 2033(1.66%) as on April 2024
Yield to Maturity is 7.3 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 7.49 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Puneet Pal, Bhupesh Kalyani are the fund managers of PGIM India Gilt Fund Direct Plan Growth
The Exit load of PGIM India Gilt Fund Direct Plan Growth is 0%