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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
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 2.81 0.01 0.02 0.24 0.49 1.53 3.02 3.61 4.45 5.88 6.95
CCIL T Bill Liquidity Weight 1.83 -0.01 0.04 0.16 0.45 1.05 1.96 3.23 3.54 3.99 4.49
Debt: Short Duration 3.94 0.02 0.06 0.36 1.52 2.67 4.22 6.40 5.93 6.88 7.62
Rank within category 19 24 27 27 27 23 20 23 21 20 18
Number of funds in category 26 28 28 28 28 27 26 25 23 23 21

As on 29-Nov-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  | Invest Online
2 star
 Jan-03 3.02 3.61 4.45 1.43% 36
ICICI Prudential Short Term Fund  | Invest Now
5 star
 Oct-01 4.22 8.31 7.06 1.13% 20,584
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 4.17 8.40 7.59 0.75% 19,407
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
 May-02 3.47 7.88 6.79 1.16% 17,142
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
 Dec-00 3.43 7.83 6.97 0.77% 12,688

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 3.99 7.03 0.02 0.01 1.17 0.84
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Short Duration 6.49 3.55 1.42 2.55 0.71 3.06
Rank within category 23 20 23 23 9 20
Number of funds in category 25 25 25 25 25 25

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 19 12 59
Modified Duration (yrs) 2.01 2.37 1.32 --
Average Maturity (yrs) 2.43 2.74 1.58 --
Yield to Maturity (%) 4.72 5.23 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 Reserve Bank of India 91-D 11/11/2021 Treasury Bills SOV 0.00 - 13.80 13.80
new GOI 2028 GOI Securities SOV 0.00 - 10.32 10.32
equal 5.70% Bajaj Housing Finance 2024 Debenture AAA 0.00 - 9.62 9.62
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 15.58 9.16
equal 6.10% Tata Capital Financial Services 29/03/2024 Zero Coupon Bonds AAA 0.00 - 8.33 8.33
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 6.98 6.98
equal 7.34% Housing & Urban Development Corporation 16/09/2022 Debenture AAA 4.24 - 5.66 5.66
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 4.18 4.18
equal 8.54% Nuclear Power Corpn. 15/03/2023 Debenture AAA 0.00 - 2.91 2.91
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.90 2.90
equal Fullerton India Credit 28/12/2022 Debenture AAA 0.00 - 2.83 2.83
new 6.99% REC 31/12/2021 Non Convertible Debenture AAA 0.00 - 2.78 2.78
equal 8.75% Axis Bank Additional Tier 1 Bond AA+ 0.00 - 2.77 2.77
new 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 2.74 2.74
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 1.93 - 2.55 2.55
equal 8.20% Power Grid Corporation 23/01/2022 Bonds/NCDs AAA 0.00 - 9.71 1.95
new 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 0.68 0.68

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-Oct-2021

Fund Manager

— Ankur Murarka since 01-Jul-2021

Education: Mr. Murarka is a MBA (Finance), CFA

Experience: Prior to joining PGIM India Asset Management Private Limited, he has worked with Reliance Nippon Life Insurance Company Ltd., Prebon Yamane India Ltd. and Morgan Stanley.

— 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:

Invest Online
0.01%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 36.3677

IDCW Quarterly: ₹ 10.1577

More

IDCW Monthly: ₹ 11.7787

Half Yearly Bonus: ₹ 14.6943

Annual Bonus: ₹ 24.2451

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: 7.08%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 36 Cr (As on 31-Oct-2021)
Expense: 1.43% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly26-Nov-20210.0540

 29-Oct-20210.0550
 24-Sep-20210.0550
 27-Aug-20210.0550
 30-Jul-20210.0550
 25-Jun-20210.0550
 28-May-20210.0550
 30-Apr-20210.0550
 26-Mar-20210.0550
 26-Feb-20210.0550
 29-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
IDCW Quarterly24-Sep-20210.1400

 25-Jun-20210.1400
 26-Mar-20210.1400
 31-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
IDCW 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
IDCW 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: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

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: [email protected]

Website: www.karvymfs.com

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