PGIM India Ultra Short Duration Fund Direct Plan Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 32.66 as on 22-04-2024
Fund Performance
71 people have invested ₹ 27.2L in PGIM India Ultra Short Duration Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 6.9% drop in AUM moving from 264.62 Cr to 246.34 Cr.
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.76% return, outperforming this fund by 0.35%.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.54% return, outperforming this fund by 1.81% per annum.
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.26% which is lower than the category average expense ratio of 0.56%.
About the PGIM India Ultra Short Duration Fund Direct Plan Growth
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 Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.
Key Parameters
- PGIM India Ultra Short Duration Fund Direct Plan Growth has ₹246 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
PGIM India Ultra Short Duration Fund Direct Plan Growth Overview
 | 0.26% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹246 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 290.7% |
PGIM India Ultra Short Duration Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
49.2%
Cash Equivalent
46.4%
Government
4.4%
Top Holdings of PGIM India Ultra Short Duration Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings20
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 10.04% | 0% | |
Axis Bank Limited | 10.03% | 0% | |
Bank Of Baroda | 9.57% | 0% | |
Small Industries Development Bank Of India | 9.5% | 100% | |
Reliance Industries Limited | 8.96% | 83.3% |
See all
PGIM India Ultra Short 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 249.5 Cr as of Mar'24
- AUM decreased by 24.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
PGIM India Ultra Short Duration Fund Direct Plan Growth Fund Manager
Bhupesh Kalyani
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Growth, since 13 September 2022
Top funds managed
Puneet Pal
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Growth, since 16 July 2022
Top funds managed
PGIM India Ultra Short Duration Fund Direct Plan Growth 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 8.04% since inception which is more than its category average return of 7.19%
AUM size ₹246 Cr
This fund has AUM of ₹246 Cr which is less than its category average of ₹ 2935 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of PGIM India Ultra Short Duration Fund Direct Plan Growth is ₹32.66 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
PGIM India Ultra Short Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.41% | 7.41% |
3 Years Returns | 18.17% | 5.72% |
5 Years Returns | 41.55% | 7.2% |
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.
0.26% as on March 2024
₹246 Cr as on March 2024
HDFC Bank Limited(10.04%), Axis Bank Limited(10.03%), Bank Of Baroda(9.57%), Small Industries Development Bank Of India(9.5%), Reliance Industries Limited(8.96%) as on March 2024
Corporate(49.18%), Cash Equivalent(46.44%), Government(4.38%) as on March 2024
Yield to Maturity is 7.52 as on March 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 0.37 as on March 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 Ultra Short Duration Fund Direct Plan Growth
The Exit load of PGIM India Ultra Short Duration Fund Direct Plan Growth is 0%