Debt
Direct
Short Duration
NAV as on 29-09-2023
₹ 42.85
Inception Returns
7.1%
/yr
PGIM India Short Duration Fund Direct 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.
PGIM India Short Duration Fund Direct Growth has given a CAGR return of 7.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.73%, 4.94% and 4.79% respectively.
PGIM India Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Cash Equivalent, Corporate. Its top holdings are 5.74% Govt Stock 2026, 5.22% Govt Stock 2025, Power Finance Corporation Ltd., State Bank Of India, Bajaj Housing Finance Limited
As it is a short duration 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.
The investment objective of the Scheme is to seek to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹28 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 230.87% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (29-Sep-23)
as on (31-Dec-69)
Top 3 Sectors in September were Financial Services, Government & Corporate
PGIM India Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 3.42% | 3.42% |
1 Year Returns | 6.73% | 6.73% |
3 Years Returns | 15.56% | 4.94% |
5 Years Returns | 26.37% | 4.79% |
AAA | 100 |