PGIM India Low Duration Fund Direct Plan Growth
Debt
Direct
Low Duration
NAV: ₹ 27.9 as on 29-09-2023
Fund Performance
Fund Insights
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 7.1% return, outperforming this fund by 5.04% per annum.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.77% return, outperforming this fund by 0.58%.
In the last 3 years, UTI - Treasury Advantage Fund - Direct Plan - Growth Option has given 6.84% return, outperforming this fund by 1.56% per annum.
Over the last 1 month, this fund has experienced a 17.6% drop in AUM moving from 113.28 Cr to 93.31 Cr.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.65%.
About the Fund
PGIM India Low Duration Fund Direct Plan Growth 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
- PGIM India Low Duration Fund Direct Plan Growth has ₹93 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
PGIM India Low Duration Fund Direct Plan Growth Overview
 | 0.36% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹93 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 180.84% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
90.2%
AA
9.8%
Sector Allocation
Government
53.3%
Corporate
33.4%
Cash Equivalent
13.4%
Top Holdings of PGIM India Low Duration Fund Direct Plan Growth as on (31-Aug-23)
Debt Holdings19
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 26012024 | 10.45% | 100% | |
182 DTB 08022024 | 10.43% | 0% | |
ICICI Securities Limited | 7.75% | 0% | |
7.38% Govt Stock 2027 | 5.39% | 0% | |
Shriram Transport Finance Company Limited | 5.37% | 0% |
See all
PGIM India Low Duration Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 104 Cr as of Aug'23
- AUM decreased by 8.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
PGIM India Low Duration Fund Direct Plan Growth Fund Manager
Bhupesh Kalyani
Fund Manager of PGIM India Low Duration Fund Direct Plan Growth, since 13 September 2022
Top funds managed
Puneet Pal
Fund Manager of PGIM India Low Duration Fund Direct Plan Growth, since 16 July 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.76% since inception which is more than its category average return of 4.96%
AUM size ₹93 Cr
This fund has AUM of ₹93 Cr which is less than its category average of ₹ 4118 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of PGIM India Low Duration Fund Direct Plan Growth is ₹27.94 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
PGIM India Low Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.7% | 3.7% |
1 Year Returns | 7.19% | 7.19% |
3 Years Returns | 16.7% | 5.28% |
5 Years Returns | 10.77% | 2.07% |
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.
0.36% as on August 2023
₹93 Cr as on August 2023
364 DTB 26012024(10.45%), 182 DTB 08022024(10.43%), ICICI Securities Limited(7.75%), 7.38% Govt Stock 2027(5.39%), Shriram Transport Finance Company Limited(5.37%) as on August 2023
Government(59.53%), Cash Equivalent(24.63%), Corporate(15.84%) as on August 2023
Yield to Maturity is 7.34 as on August 2023. 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 0.53 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 90.15 |
AA | 9.85 |
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Low Duration Fund Direct Plan Growth
The Exit load of PGIM India Low Duration Fund Direct Plan Growth is 0%