Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.
The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.
Taxability of earnings:
|Debt: Short Duration||0.45||0.06||0.27||0.55||1.30||3.00||4.72||5.35||6.52||7.27||7.51|
|Rank within category||28||10||11||28||26||1||23||20||18||17||14|
|Number of funds in category||29||29||29||29||29||29||28||26||26||25||19|
As on 24-Jan-2020
|Best (Period)||Worst (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||16.56 (16-Jul-2008 - 16-Jul-2009)||-34.06 (19-Sep-2018 - 20-Sep-2019)|
|Debt: Short Duration||5.45||2.99||0.30||0.77||3.48||5.45|
|Rank within category||19||26||18||18||27||14|
|Number of funds in category||27||27||27||27||27||27|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||13||16||3||57|
|Modified Duration (yrs)||2.08||2.47||0.18||2.04|
|Average Maturity (yrs)||2.54||3.10||0.22||2.49|
|Yield to Maturity (%)||7.98||34.98||6.40||7.45|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.02% BPCL 2024||Debenture||AAA||0.00 - 9.65||9.65|
|7.55% REC 26/09/2022||Debenture||AAA||0.00 - 10.26||9.21|
|6.98% National Bank Agr. Rur. Devp 19/09/2022||Debenture||AAA||0.00 - 9.18||9.18|
|7.05% National Housing Bank 18/12/2024||Non Convertible Debenture||AAA||0.00 - 8.75||8.75|
|9.50% Yes Bank||Bonds||BBB||0.00 - 8.73||8.73|
|7.40% Power Finance Corp. 30/09/2021||Bonds||AAA||0.00 - 8.12||8.12|
|8.70% Reliance Jio Infocomm 15/06/2021||Debenture||AAA||0.00 - 8.03||8.03|
|7.29% SIDBI 2022||Debenture||AAA||0.00 - 9.02||7.74|
|8.65% IRFC 15/01/2024||Bonds||AAA||0.00 - 5.79||5.79|
|Reserve Bank of India 91-D 02/01/2020||Treasury Bills||SOV||0.00 - 5.44||5.44|
|8.50% State Bank of India 22/11/2020||Non Convertible Debenture||AA+||0.00 - 5.03||5.03|
|7.34% HUDCO 16/09/2022||Debenture||AAA||0.00 - 1.10||1.10|
|Britannia Inds. 28/08/2022||Non Convertible Debenture||AAA||0.00 - 0.67||0.67|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
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.
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.
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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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||10|
|Minimum Withdrawal (₹)||100|
|Minimum Balance (₹)||1|
|Exit Load||0.5% for redemption within 180 days|
|Fund House:||PGIM India Mutual Fund|
|Return Since Launch:||7.23%|
|Benchmark:||CRISIL Short-Term Bond|
|Assets:||₹ 46 Cr (As on 31-Dec-2019)|
|Expense:||1.40% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]