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PGIM India Low Duration Fund download report

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Debt: Low Duration

Analysts' Choiceunlock it

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."

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
PGIM India Low Duration-G 2.09 0.03 0.05 0.42 1.18 1.68 3.10 3.67 1.34 3.38 5.12
CCIL T Bill Liquidity Weight 1.21 0.02 0.05 0.25 0.70 0.99 2.00 2.58 3.26 3.63 4.21
Debt: Low Duration 1.98 0.02 0.08 0.42 1.17 1.56 3.80 5.23 5.27 6.04 6.91
Rank within category 7 8 20 9 12 6 14 20 21 20 17
Number of funds in category 21 21 21 21 21 21 21 21 21 20 17

As on 11-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Low Duration Fund  | Invest Online
1 star
 Jun-07 3.10 3.67 1.34 1.20 105
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
 May-98 3.35 5.36 6.10 1.21 11,978
Nippon India Low Duration Fund  | Invest Online
4 star
 Mar-07 3.46 5.58 5.98 1.04 7,657
Axis Treasury Advantage Fund
4 star
 Oct-09 3.52 5.36 6.29 0.61 5,352
DSP Low Duration Fund - Regular Plan
4 star
 Mar-15 3.34 5.42 6.05 0.62 3,146

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.15 26-Sep-2019 - 03-Oct-2019 -16.46 03-Jun-2019 - 10-Jun-2019
Month 7.72 25-Sep-2019 - 25-Oct-2019 -16.04 10-May-2019 - 10-Jun-2019
Quarter 8.96 26-Sep-2019 - 26-Dec-2019 -15.31 14-Mar-2019 - 13-Jun-2019
Year 10.27 20-Aug-2013 - 20-Aug-2014 -15.02 21-Sep-2018 - 23-Sep-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
PGIM India Low Duration-G 3.61 1.52 0.08 0.06 0.67 0.72
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Low Duration 5.22 2.12 1.27 2.91 0.72 2.37
Rank within category 22 17 21 21 6 19
Number of funds in category 22 22 22 22 22 22

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 20 16 53
Modified Duration (yrs) 0.48 0.66 0.37 0.58
Average Maturity (yrs) 0.69 0.72 0.47 0.88
Yield to Maturity (%) 6.25 6.25 4.07 6.28
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
equal 8.88% Export-Import Bank 18/10/2022 Bonds AAA 0.00 - 10.02 9.58
equal 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 0.00 - 9.96 9.54
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 9.57 9.22
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 6.44 4.85
equal JM Financial Credit Solutions 23/07/2024 Debenture AA 1.17 - 4.97 4.79
equal 6.84% GOI 19/12/2022 GOI Securities SOV 4.57 - 6.47 4.78
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 6.24 4.75
equal Aditya Birla Money 70-D 10/08/2022 Commercial Paper A1+ 0.00 - 4.94 4.75
equal 9.00% Indostar Capital Finance 2023 Debenture AA- 1.16 - 4.94 4.74
equal HDFC 155-D 27/10/2022 Commercial Paper A1+ 0.00 - 4.87 4.69
equal 4.56% GOI 29/11/2023 GOI Securities SOV 0.00 - 4.85 4.65
equal 7.30% L&T Finance 2023 Debenture AAA 0.00 - 3.98 3.82
equal 8.62% Food Corporation of India 22/03/2023 Bonds AAA 0.00 - 4.54 3.37
equal 9.60% Hindalco Inds. 2022 Bonds/NCDs AA+ 0.00 - 2.49 2.38
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 1.84 1.78
new 6.69% GOI 27/06/2024 GOI Securities SOV 0.00 - 1.43 1.43
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.37 1.37
equal 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 0.75 0.73
new 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 0.18 0.18
equal Others CBLO -- - 17.81

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-Jul-2022

Fund Manager

— Puneet Pal since 16-Jul-2022

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
0.03%

Change from previous, NAV as on 11-Aug-2022

Growth: ₹ 24.3794

IDCW Weekly: ₹ 9.5755

More

IDCW Monthly: ₹ 10.0496

IDCW Daily: ₹ 9.4951

Investment Strategy

The Scheme seeks to generate income through investment primarily in low duration debt & money market securities.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 22-Jun-2007
Return Since Launch: 6.06%
Benchmark: CRISIL Low Duration Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 105 Cr (As on 31-Jul-2022)
Expense Ratio: 1.20% (As on 30-Jun-2022)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly29-Jul-20220.0330

 24-Jun-20220.0210
 29-Apr-20220.0310
 25-Mar-20220.0320
 25-Feb-20220.0250
 28-Jan-20220.0326
 31-Dec-20210.0340
 29-Oct-20210.0300
 24-Sep-20210.0340
 30-Jul-20210.0340
 25-Jun-20210.0370
 28-May-20210.0420
 30-Apr-20210.0420
 26-Mar-20210.0420
 26-Feb-20210.0420
 29-Jan-20210.0420
 24-Apr-20200.0480
 31-May-20190.0468
 26-Apr-20190.0468
 29-Mar-20190.0468
 22-Feb-20190.0468
 25-Jan-20190.0468
 28-Dec-20180.0468
 30-Nov-20180.0468
 26-Oct-20180.0468
IDCW Daily03-Jun-20190.0089

 31-May-20190.0022
 29-May-20190.0020
 28-May-20190.0035
 27-May-20190.0104
 24-May-20190.0027
 23-May-20190.0036
 22-May-20190.0032
 10-May-20190.0023
 09-May-20190.0028
 08-May-20190.0030
 07-May-20190.0030
 16-Apr-20190.0016
 15-Apr-20190.0051
 12-Apr-20190.0014
 11-Apr-20190.0014
 10-Apr-20190.0023
 09-Apr-20190.0011
 08-Apr-20190.0045
 31-Mar-20190.0040
 29-Mar-20190.0059
 25-Mar-20190.0052
 22-Mar-20190.0031
 20-Mar-20190.0005
 19-Mar-20190.0020
IDCW Fortnightly31-May-20190.0411

 17-May-20190.0023
 18-Apr-20190.0140
 05-Apr-20190.0146
 22-Mar-20190.0264
 08-Mar-20190.0230
 22-Feb-20190.0306
 08-Feb-20190.0183
 25-Jan-20190.0228
 11-Jan-20190.0228
 28-Dec-20180.0268
 14-Dec-20180.0279
 30-Nov-20180.0276
 16-Nov-20180.0254
 02-Nov-20180.0168
 19-Oct-20180.0138
 05-Oct-20180.0270
 21-Sep-20180.0071
 07-Sep-20180.0167
 24-Aug-20180.0176
 10-Aug-20180.0247
 27-Jul-20180.0185
 13-Jul-20180.0262
 29-Jun-20180.0221
 15-Jun-20180.0229
IDCW Weekly31-May-20190.0182

 24-May-20190.0095
 10-May-20190.0154
 26-Apr-20190.0001
 18-Apr-20190.0025
 12-Apr-20190.0115
 05-Apr-20190.0033
 29-Mar-20190.0112
 22-Mar-20190.0096
 15-Mar-20190.0167
 08-Mar-20190.0127
 01-Mar-20190.0102
 22-Feb-20190.0194
 15-Feb-20190.0109
 08-Feb-20190.0142
 01-Feb-20190.0035
 25-Jan-20190.0107
 18-Jan-20190.0120
 11-Jan-20190.0079
 04-Jan-20190.0148
 28-Dec-20180.0119
 21-Dec-20180.0148
 14-Dec-20180.0125
 07-Dec-20180.0152
 30-Nov-20180.0158
IDCW25-Mar-20190.1513

 28-Dec-20180.1513
 28-Sep-20180.1513
 28-Jun-20180.1513
 23-Mar-20180.1517
 29-Dec-20170.1517
 29-Dec-20160.1517
IDCW Quarterly25-Mar-20190.1369

 28-Dec-20180.1369
 28-Sep-20180.1369
 28-Jun-20180.1369
 23-Mar-20180.1372
 29-Dec-20170.1372
 28-Sep-20170.1372
 29-Jun-20170.1445
 24-Mar-20170.1445
 29-Dec-20160.1517
 29-Sep-20160.1517
 27-Jun-20160.1517
 28-Mar-20160.1517
 23-Dec-20150.1517
 24-Sep-20150.1517
 26-Jun-20150.1517
 27-Mar-20150.1524
 26-Dec-20140.1633
 26-Sep-20140.2338
 27-Jun-20140.1636
 28-Mar-20140.2182
 27-Dec-20130.1559
 27-Sep-20130.1559
 28-Jun-20130.1559
 31-May-20130.1752
IDCW Yearly25-Mar-20190.7203

 23-Mar-20180.7223
 28-Mar-20160.5778
 27-Mar-20150.6170
 26-Sep-20140.7793
 28-Mar-20140.6546

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

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies 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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