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PGIM India Short Maturity Fund

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Debt: Short Duration

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1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.41 0.00 -0.03 -0.22 -0.20 1.86 6.20 3.86 5.68 6.65 7.36
CCIL T Bill Liquidity Weight 0.28 0.01 -0.01 0.20 0.45 1.09 2.87 3.74 3.97 4.40 4.68
Debt: Short Duration -0.50 0.01 -0.08 -0.30 -0.17 2.18 6.46 6.26 6.85 7.42 7.90
Rank within category 8 22 3 9 11 20 21 19 18 17 17
Number of funds in category 26 26 26 26 26 26 26 23 23 23 20

As on 25-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Short Maturity Fund
3 star
 Jan-03 6.20 3.86 5.68 1.43 49
ICICI Prudential Short Term Fund  | Invest Now
4 star
 Oct-01 8.31 8.40 8.61 1.16 24,170
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
 May-02 7.19 8.14 7.97 1.16 21,025
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 8.19 8.74 8.42 0.78 18,390
Axis Short Term Fund
4 star
 Jan-10 7.97 8.44 8.23 1.01 15,694

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 52.46 26-Sep-2019 - 03-Oct-2019 -33.80 12-Sep-2019 - 19-Sep-2019
Month 53.45 24-Sep-2019 - 24-Oct-2019 -33.14 27-Aug-2019 - 26-Sep-2019
Quarter 53.66 24-Sep-2019 - 24-Dec-2019 -28.52 27-Jun-2019 - 26-Sep-2019
Year 62.95 20-Sep-2019 - 21-Sep-2020 -34.06 19-Sep-2018 - 20-Sep-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.21 7.05 -0.07 -0.05 1.87 1.31
CCIL T Bill Liquidity Weight 3.72 0.36 -2.62 -5.07 -- --
Debt: Short Duration 6.40 3.49 1.10 2.09 0.85 2.54
Rank within category 20 20 20 20 18 18
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 19 11 67
Modified Duration (yrs) 1.80 2.43 1.52 --
Average Maturity (yrs) 2.26 2.92 1.76 --
Yield to Maturity (%) 4.78 6.43 4.38 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 14.52 9.02
new 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 8.35 8.35
new 7.27% GOI 2026 GOI Securities SOV 0.00 - 15.95 6.58
equal 6.98% Power Finance Corp. 20/04/2023 Non Convertible Debenture AAA 0.00 - 9.45 6.33
new 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.00 - 5.49 5.49
equal 7.34% HUDCO 16/09/2022 Debenture AAA 1.21 - 10.76 4.24
new 8.15% State Bank of India Bonds AA+ 0.00 - 4.19 4.19
equal 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 6.39 4.18
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 6.24 4.17
equal 7.29% SIDBI 2022 Debenture AAA 3.17 - 4.89 3.17
equal 5.05% Indian Oil Corp. 25/11/2022 Debenture AAA 0.00 - 7.66 3.07
new 5.15% GOI 2025 GOI Securities SOV 0.00 - 2.52 2.52
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 3.42 2.31
new 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 10.88 2.15
equal 8.25% M&M Financial Services 19/04/2022 Debenture AAA 0.00 - 2.17 2.10
equal Fullerton India Credit 28/12/2022 Debenture AAA 0.00 - 2.16 2.10
new 8.75% Axis Bank Bonds/Debentures AA+ 0.00 - 2.08 2.08
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.74 - 2.93 1.93
equal 8.30% Reliance Industries 2022 Debenture AAA 1.27 - 1.93 1.27

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2021

Fund Manager

— Kumaresh Ramakrishnan since 13-Dec-2017

Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).

Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.

Funds Managed:

— Puneet Pal since 13-Dec-2017

Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.

Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Funds Managed:

0.00%

Change from previous, NAV as on 25-Feb-2021

Growth: ₹ 35.2281

Half Yearly Bonus: ₹ 14.2338

More

Dividend Quarterly: ₹ 10.2523

Dividend Monthly: ₹ 11.9483

Annual Bonus: ₹ 23.4853

Investment Strategy

The Scheme seeks to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 180 days

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 21-Jan-2003
Return Since Launch: 7.20%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 49 Cr (As on 31-Jan-2021)
Expense: 1.43% (As on 31-Jan-2021)
Risk Grade: High
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly29-Jan-20210.0550

 24-Dec-20200.0540
 27-Nov-20200.0540
 29-Oct-20200.0540
 25-Sep-20200.0570
 28-Aug-20200.0570
 31-Jul-20200.0570
 30-Jun-20200.0620
 29-May-20200.0620
 24-Apr-20200.0540
 27-Mar-20200.0432
 28-Feb-20200.0432
 31-Jan-20200.0515
 27-Dec-20190.0432
 29-Nov-20190.0432
 25-Oct-20190.0432
 30-Aug-20190.0576
 25-Jul-20190.0576
 28-Jun-20190.0576
 31-May-20190.0576
 26-Apr-20190.0576
 29-Mar-20190.0576
 22-Feb-20190.0576
 25-Jan-20190.0576
 28-Dec-20180.0576
Dividend Quarterly31-Dec-20200.1400

 25-Sep-20200.1450
 30-Jun-20200.1600
 25-Mar-20190.1441
 28-Dec-20180.1441
 28-Sep-20180.1441
 28-Jun-20180.1441
 23-Mar-20180.1445
 29-Dec-20170.1445
 28-Sep-20170.1445
 29-Jun-20170.1445
 24-Mar-20170.1445
 29-Dec-20160.1445
 29-Sep-20160.1733
 27-Jun-20160.1517
 28-Mar-20160.1517
 23-Dec-20150.1517
 24-Sep-20150.1517
 26-Jun-20150.1517
 27-Mar-20150.2178
 26-Dec-20140.1633
 26-Sep-20140.1753
 27-Jun-20140.1753
 28-Mar-20140.2338
 27-Dec-20130.1559
Dividend Yearly25-Mar-20190.4466

 23-Mar-20180.6500
 24-Mar-20170.5778
 28-Mar-20160.5778
 27-Mar-20150.5444
 26-Sep-20140.4676
 28-Mar-20140.7013
 26-Mar-20130.7047
Dividend Weekly22-Mar-20190.0129

 15-Mar-20190.0161
 08-Mar-20190.0184
 01-Mar-20190.0075
 22-Feb-20190.0004
 15-Feb-20190.0097
 08-Feb-20190.0186
 25-Jan-20190.0104
 18-Jan-20190.0094
 11-Jan-20190.0157
 04-Jan-20190.0120
 28-Dec-20180.0097
 21-Dec-20180.0206
 14-Dec-20180.0024
 07-Dec-20180.0218
 30-Nov-20180.0166
 22-Nov-20180.0112
 16-Nov-20180.0156
 09-Nov-20180.0140
 02-Nov-20180.0089
 26-Oct-20180.0011
 19-Oct-20180.0105
 12-Oct-20180.0041
 05-Oct-20180.0068
 31-Aug-20180.0065

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: m[email protected]

Website: www.karvymfs.com

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