PGIM India Ultra Short Duration Fund Direct Growth

PGIM India Ultra Short Duration Fund Direct Growth

Debt

PGIM Mutual Fund

Ultra Short Duration

Get the latest NAV of PGIM India Ultra Short Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹36.08

NAV as on 12 Sep 2025

7.97%/per year

Since Inception

Absolute Gain%

▲▼

49 people have invested ₹ 14.5L in PGIM India Ultra Short Duration Fund Direct Growth in the last three months

PGIM India Ultra Short Duration Fund Performance vs. Ultra Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)

The fund has outperformed the benchmark (Ultra Short Duration Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.46%
1.52%
3.78%
7.5%
7.29%
6%
Ultra Short Duration Index
0.42%
1.39%
3.43%
6.44%
6.13%
6.84%
Ultra Short Duration Avg
0.43%
1.38%
3.64%
7.13%
6.81%
5.62%
Best in Ultra Short Duration
0.6%
1.67%
4.18%
8.14%
7.67%
7.48%
Worst in Ultra Short Duration
0.42%
1.45%
3.33%
6.53%
6.44%
5.2%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
PGIM India Ultra Short Duration Fund
-
204Cr
0.32%
7.5%
7.29%
-0.19
2.68
2.25
9.53
1.53
ICICI Prudential Ultra Short Term Fund Direct Growth
1/17
17,077Cr
0.39%
7.85%
7.55%
-0.11
3.32
2.71
12.75
2.35
Tata Ultra Short Term Fund Direct Growth
2/17
4,945Cr
0.28%
7.87%
7.54%
-0.02
2.92
2.92
13.04
2.52
Axis Ultra Short Duration Fund Direct Growth
3/17
6,764Cr
0.38%
7.84%
7.58%
-0.05
3.22
2.98
13.89
2.69
See all

PGIM India Ultra Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

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Profit

Total Corpus

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Absolute Return
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PGIM India Ultra Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

AAA
83.3%
AA
16.7%
Cash allocation has gone up from 60.8% to 71.1%
Cash allocation has gone up from 60.8% to 71.1%
Debt allocation has gone down from 38.6% to 28.2%
Debt allocation has gone down from 38.6% to 28.2%

PGIM India Ultra Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Cash Equivalent
58.1%
Corporate
39.5%
Government
2.5%

Top 3 Sectors in August were Financial Services, Corporate & Government

Aug'25

Financial Services

84%

Corporate

48%

Government

10%

Jul'25

Financial Services

84%

Corporate

56%

Government

13%

PGIM India Ultra Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.32%
Benchmark
CRISIL Ultra Short Duration Debt TR INR
AUM₹204 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
320.77%
Risk
Risk meter
pointer
Low to Moderate Risk

About PGIM India Ultra Short Duration Fund

PGIM India Ultra 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, Ojasvi Khicha. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Ultra Short Duration Fund Direct Growth has ₹204 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

PGIM India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.50%, 7.29% and 6.00% respectively.

Holdings

PGIM India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Industrial, Consumer Cyclical. Its top holdings are Small Industries Development Bank Of India, HDFC Bank Limited, Nuclear Power Corporation Of India Limited, Shriram Finance Limited, Muthoot 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of PGIM India Ultra Short Duration Fund Direct Growth

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 Growth has no lock in period.

Fund Manager

Bhupesh Kalyani

Fund Manager of PGIM India Ultra Short Duration Fund Direct Growth, since 13 September 2022

Puneet Pal

Fund Manager of PGIM India Ultra Short Duration Fund Direct Growth, since 16 July 2022

Ojasvi Khicha

Fund Manager of PGIM India Ultra Short Duration Fund Direct Growth, since 1 April 2023

Learn more about PGIM Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 204 Cr
₹ 201.7 Cr
₹ 198 Cr
  • AUM of the fund stands at 204 Cr as of Aug'25
  • AUM increased by 2.4 Cr between Aug'25 and Jul'25

Frequently Asked Questions for PGIM India Ultra Short Duration Fund Direct Growth

How do I invest in PGIM India Ultra Short Duration Fund?

INDmoney makes it simple to invest in the PGIM India Ultra Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘PGIM India Ultra Short Duration Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of PGIM India Ultra Short Duration Fund?

The NAV of the fund today is ₹36.08. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

PGIM India Ultra Short Duration Fund fund has generated a return of 7.50% in 1 year, 7.29% in 3 years, 6.00% in 5 years.

Who is the fund manager of PGIM India Ultra Short Duration Fund?

The fund managers are Bhupesh Kalyani, Puneet Pal, Ojasvi Khicha.

What is the expense ratio of the fund?

The expense ratio is 0.32%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹204 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of PGIM India Ultra Short Duration Fund?

The top 3 holdings of the fund are Small Industries Development Bank Of India(7.37%), HDFC Bank Limited(5.63%), Nuclear Power Corporation Of India Limited(4.93%)