PGIM India Ultra Short Duration Fund Direct Plan Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 30.2 as on 27-03-2023
Fund Performance
59 people have invested ₹ 11.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 5.94% return, outperforming PGIM India Ultra Short Duration Fund Direct Plan Growth by 0.38%
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 6.8% return, outperforming PGIM India Ultra Short Duration Fund Direct Plan Growth by 1.84% per annum
In the last 5 years, PGIM India Ultra Short Duration Fund Direct Plan Growth has outperformed all funds in its category
PGIM India Ultra Short Duration Fund Direct Plan Growth has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.27% which is lower than the category average expense ratio of 0.55%
PGIM India Ultra Short Duration Fund Direct Plan Growth Performance as on (27-Mar-23)
About the Fund
PGIM India Ultra Short Duration 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 Ultra Short Duration Fund Direct Plan Growth has a NAV of ₹30.2108 as on 27-03-2023.
2) PGIM India Ultra Short Duration Fund Direct Plan Growth has ₹390 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.27 %.
PGIM India Ultra Short Duration Fund Direct Plan Growth Overview
 | 0.27% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹390 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 488.65% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
55.5%
Corporate
32%
Government
12.5%
Top Holdings of PGIM India Ultra Short Duration Fund Direct Plan Growth as on (28-Feb-23)
Debt Holdings31
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 L&T Finance Limited | 9.31% | 0% | |
National Bank For Agriculture And Rural Development | 5.69% | 0% | |
Small Industries Development Bank Of India | 5.67% | 0% | |
HDFC Bank Limited | 5.36% | 0% | |
Redington Limited | 4.55% | 0% |
See all
PGIM India Ultra Short Duration Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.48% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Feb'23
- This fund outperformed Ultra Short Duration Index by 0.07% in Feb'23
AUM Change
- AUM of the fund stands at 405.2 Cr as of Feb'23
- AUM decreased by 44.7 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
L&T Finance Limited's allocation increased from 8.68% to 9.31%
LIC Housing Finance Limited's allocation increased from 3.63% to 3.89%
Food Corporation Of India's allocation increased from 3.2% to 3.43%
Debt allocation has gone up from 12.9% to 16.1%
Cash allocation has gone down from 87.1% to 83.9%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
32%
Government
13%
Jan'23
Corporate
36%
Government
10%
Peer Analysis
PGIM India Ultra Short Duration Fund Direct Plan Growth Fund Manager
Puneet Pal
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Growth, since 16 July 2022
Top funds managed
Bhupesh Kalyani
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Growth, since 13 September 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 8.09% since inception which is more than its category average return of 7.07%
AUM size ₹390 Cr
This fund has AUM of ₹390 Cr which is less than its category average of ₹ 2811 Cr
Expense Ratio 0.27%
This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.62%
Frequently Asked Questions
The current NAV of PGIM India Ultra Short Duration Fund Direct Plan Growth is 30.21 as on 27-Mar-2023.
Existing (Absolute + CAGR)
PGIM India Ultra Short Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.31% | 3.31% |
1 Year Returns | 5.55% | 5.55% |
3 Years Returns | 15.63% | 4.96% |
5 Years Returns | 41.92% | 7.25% |
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.
0.27 as on February 2023
390 Cr as on February 2023
Yield to Maturity is 7.24 as on February 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 0.26 as on February 2023. 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 Ultra Short Duration Fund Direct Plan Growth
The Exit load of PGIM India Ultra Short Duration Fund Direct Plan Growth is 0%