PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Government Bond
PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

About the Fund

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

Key Parameters

  1. PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has ₹113 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.

Returns

PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 6.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.55%, 5.40% and 4.88% respectively.

Holdings

PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.25% Govt Stock 2063, 7.3% Govt Stock 2053, 7.26% Govt Stock 2033, 8.28% Govt Stock 2027

Taxation

As it is a government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

To seek to generate reasonable returns by investing in Central/State Government securities of various maturities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.45%
Benchmark
ICICI Securities Mibex TR INR
AUM₹113 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
895.29%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
85.6%
Cash Equivalent
14.4%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
45.49%
0%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
21.38%
-17.4%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
11.4%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
3.16%
0%
8.28% Govt Stock 2027
8.28% Govt Stock 2027
2.48%
0%

Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl, since 13 September 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl, since 13 December 2017

PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

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 6.25% since inception which is less than its category average return of 6.8%
AUM size ₹113 Cr

AUM size ₹113 Cr

This fund has AUM of ₹113 Cr which is less than its category average of ₹ 1474 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 Reinvestment Inc Dist cum Cap Wdrl is ₹14.59 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.45%
-1.45%
6 Month Returns
3.01%
3.01%
1 Year Returns
6.55%
6.55%
3 Years Returns
17.08%
5.4%
5 Years Returns
26.93%
4.88%
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 June 2024
₹113 Cr as on June 2024
7.18% Govt Stock 2037(45.49%), 7.25% Govt Stock 2063(21.38%), 7.3% Govt Stock 2053(11.4%), 7.26% Govt Stock 2033(3.16%), 8.28% Govt Stock 2027(2.48%) as on June 2024
Yield to Maturity is 7.14 as on June 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 8.13 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
The Exit load of PGIM India Gilt Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is 0%