PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl

Debt
Direct
Ultra Short Duration
PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl

About the Fund

PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 5 February, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl has ₹253 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl has given a CAGR return of 6.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.17%, 5.44% and 6.12% respectively.

Holdings

PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Industrial, Government, Consumer Cyclical. Its top holdings are HDFC Bank Limited, Bank Of Baroda, Axis Bank Ltd., Reliance Industries Limited, Shriram Finance Limited

Taxation

As it is a ultra 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.

Investment objective of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl

To provide liquidity and seek to generate returns by investing in a mix of short term debt and money market instruments.

Minimum Investment and lockin period

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

Fund Performance

Fund Overview

Expense ratio0.27%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹253 Cr
Inception Date5 February, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
290.7%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.5%

AAA
92.7%

AA
7.3%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
52.1%
Cash Equivalent
38.3%
Government
9.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Limited
HDFC Bank Limited
9.77%
0%
Bank Of Baroda
Bank Of Baroda
9.31%
0%
Axis Bank Ltd.
Axis Bank Ltd.
9.27%
0%
Reliance Industries Limited
Reliance Industries Limited
8.62%
0%
Shriram Finance Limited
Shriram Finance Limited
7.05%
0%

Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 13 September 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 16 July 2022

PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.64% since inception which is less than its category average return of 7.17%
AUM size ₹253 Cr

AUM size ₹253 Cr

This fund has AUM of ₹253 Cr which is less than its category average of ₹ 3139 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.63%

Frequently Asked Questions

The current NAV of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl is ₹12.38 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.1%
0.1%
6 Month Returns
2.72%
2.72%
1 Year Returns
6.17%
6.17%
3 Years Returns
17.23%
5.44%
5 Years Returns
34.58%
6.12%
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 May 2024
₹253 Cr as on May 2024
HDFC Bank Limited(9.77%), Bank Of Baroda(9.31%), Axis Bank Ltd.(9.27%), Reliance Industries Limited(8.62%), Shriram Finance Limited(7.05%) as on May 2024
Corporate(52.06%), Cash Equivalent(38.26%), Government(9.68%) as on May 2024
Yield to Maturity is 7.42 as on May 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 0.4 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
92.69
AA
7.31
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl
The Exit load of PGIM India Ultra Short Duration Fund Direct Plan Payout Inc Dist cum Cap Wdrl is 0%