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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:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|CCIL T Bill Liquidity Weight||4.21||0.30||0.89||4.41||4.19||4.52||--|
|Debt: Short Duration||4.97||0.21||2.23||5.63||6.06||7.29||--|
|Rank within category||22||28||1||22||19||18||--|
|Number of funds in category||28||29||29||28||26||26||0|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||53.56 (24-Sep-2019 - 24-Oct-2019)||-33.09 (27-Aug-2019 - 26-Sep-2019)|
|Quarter||11.63 (04-Jun-2019 - 04-Sep-2019)||-28.44 (27-Jun-2019 - 26-Sep-2019)|
|Year||12.52 (19-Aug-2013 - 19-Aug-2014)||-33.53 (19-Sep-2018 - 20-Sep-2019)|
|CCIL T Bill Liquidity Weight||4.11||0.25||-6.57||-10.84||--||--|
|Debt: Short Duration||6.01||3.03||0.53||1.06||3.67||6.35|
|Rank within category||20||26||19||18||27||10|
|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 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||12||20||3||57|
|Modified Duration (yrs)||--||2.47||0.18||2.04|
|Average Maturity (yrs)||2.99||3.10||0.22||2.54|
|Yield to Maturity (%)||--||34.98||6.40||7.37|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.55% REC 26/09/2022||Debenture||AAA||0.00 - 10.26||10.26|
|HPCL 14/08/2024||Debenture||AAA||0.00 - 10.19||10.19|
|7.29% SIDBI 2022||Debenture||AAA||0.00 - 9.02||9.02|
|9.50% Yes Bank||Bonds||BBB+||0.00 - 8.66||8.47|
|8.70% Reliance Jio Infocomm 15/06/2021||Debenture||AAA||0.00 - 7.93||7.93|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 10.51||7.90|
|6.98% National Bank Agr. Rur. Devp 19/09/2022||Debenture||AAA||0.00 - 7.66||7.66|
|7.40% Power Finance Corp. 30/09/2021||Bonds||AAA||0.00 - 6.40||6.40|
|7.17% Reliance Industries 2022||Non Convertible Debenture||AAA||0.00 - 6.39||6.39|
|8.02% BPCL 2024||Debenture||AAA||0.00 - 8.69||5.66|
|8.75% State Bank of India||Non Convertible Debenture||AA+||0.00 - 5.17||5.14|
|8.65% IRFC 15/01/2024||Bonds||AAA||0.00 - 3.40||3.40|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-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|
|Benchmark:||CRISIL Short-Term Bond|
|Assets:||₹ 79 Cr (As on 30-Nov-2019)|
|Expense:||0.78% (As on 30-Nov-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 07-Jun-2019
Fund News - 30-Jan-2018
Fund News - 14-Dec-2017
Fund News - 17-Jul-2017
Fund News - 22-Jun-2016
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]