PGIM India Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹244 Cr
Expense Ratio
0.27%
ISIN
INF223J01QO7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹33.26, Assets Under Management (AUM) of 243.56 Crores, and an expense ratio of 0.27%.
- PGIM India Ultra Short Duration Fund Direct Growth has given a CAGR return of 8.02% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 22.23% in debts, and 77.26% in cash & cash equivalents.
- You can start investing in PGIM India Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.37%
+6.09% (Cat Avg.)
3 Years
+6.01%
+5.26% (Cat Avg.)
5 Years
+6.49%
+4.96% (Cat Avg.)
10 Years
+7.72%
+5.52% (Cat Avg.)
Since Inception
+8.02%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Debt | ₹54.14 Cr | 22.23% |
| Others | ₹189.42 Cr | 77.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.72 Cr | 10.15% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24 Cr | 9.85% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.9 Cr | 9.81% |
| India (Republic of) | Bond - Short-term Government Bills | ₹19.79 Cr | 8.13% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹19.76 Cr | 8.11% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹18.05 Cr | 7.41% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹14.84 Cr | 6.09% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹10.95 Cr | 4.50% |
| 91 DTB 02082024 | Bond - Gov't/Treasury | ₹9.97 Cr | 4.09% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹9.56 Cr | 3.92% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹9.55 Cr | 3.92% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹7.9 Cr | 3.25% |
| Net Receivables / (Payables) | Cash - Collateral | ₹7.67 Cr | 3.15% |
| Aditya Birla Money Limited | Cash - Commercial Paper | ₹6.94 Cr | 2.85% |
| Indian Bank | Bond - Gov't Agency Debt | ₹6.67 Cr | 2.74% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹5.25 Cr | 2.16% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.02 Cr | 2.06% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹5 Cr | 2.05% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹4.98 Cr | 2.04% |
| NTPC Ltd. | Cash - Commercial Paper | ₹4.94 Cr | 2.03% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹1.91 Cr | 0.78% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹1.24 Cr | 0.51% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹0.96 Cr | 0.39% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹98.58 Cr | 40.48% |
| Bond - Corporate Bond | ₹52.48 Cr | 21.54% |
| Cash - Commercial Paper | ₹36.22 Cr | 14.87% |
| Bond - Short-term Government Bills | ₹19.79 Cr | 8.13% |
| Cash - Repurchase Agreement | ₹10.95 Cr | 4.50% |
| Bond - Gov't/Treasury | ₹9.97 Cr | 4.09% |
| Cash - Collateral | ₹7.67 Cr | 3.15% |
| Bond - Gov't Agency Debt | ₹6.67 Cr | 2.74% |
| Mutual Fund - Open End | ₹1.24 Cr | 0.51% |
Risk & Performance Ratios
Standard Deviation
This fund
0.49%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
0.85
Cat. avg.
-0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.22
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF223J01QO7 | Expense Ratio | 0.27% | Exit Load | No Charges | Fund Size | ₹244 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Dura Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.56 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹568.43 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1535.17 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1535.17 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹161.02 Cr | 7.2% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹161.02 Cr | 6.5% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2239.53 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7168.59 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹239.90 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹239.90 Cr | 7.6% |
About the AMC
Total AUM
₹23,364 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of PGIM India Ultra Short Duration Fund Direct Growth?
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Who manages the PGIM India Ultra Short Duration Fund Direct Growth?
- Bhupesh Kalyani
- Puneet Pal
- Ojasvi Khicha
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