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PGIM India Ultra Short Duration Fund download report


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but 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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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 Ultra Short Duration-G 2.20 0.01 0.10 0.37 1.16 1.81 3.39 5.80 6.96 7.26 7.96
CCIL T Bill Liquidity Weight 1.28 0.06 0.07 0.30 0.76 1.05 2.05 2.60 3.27 3.64 4.21
Debt: Ultra Short Duration 2.18 0.01 0.10 0.38 1.17 1.78 3.54 4.57 5.13 5.82 6.97
Rank within category 14 8 17 16 17 14 17 2 1 1 1
Number of funds in category 26 26 26 26 26 26 26 21 13 13 12

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Ultra Short Duration Fund  | Invest Online
5 star
Jul-08 3.39 5.80 6.96 0.81 491
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
Nov-01 3.91 5.40 6.32 0.51 14,762
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.55 4.89 -- 0.64 13,459
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
May-11 3.78 5.30 6.14 0.87 13,058
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.53 4.72 5.96 0.49 12,513

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 44.34 20-Sep-2019 - 27-Sep-2019 -30.11 12-Sep-2019 - 19-Sep-2019
Month 45.13 13-Sep-2019 - 15-Oct-2019 -28.95 27-Aug-2019 - 26-Sep-2019
Quarter 46.59 13-Sep-2019 - 13-Dec-2019 -25.93 27-Jun-2019 - 26-Sep-2019
Year 53.38 13-Sep-2019 - 14-Sep-2020 -20.40 12-Sep-2018 - 13-Sep-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
PGIM India Ultra Short Duration-G 5.47 1.50 1.32 6.95 2.18 3.93
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Ultra Short Duration 4.51 0.91 1.26 3.25 1.00 1.91
Rank within category 2 18 11 1 21 1
Number of funds in category 21 21 21 21 21 21

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 16 33 15 40
Modified Duration (yrs) 0.28 0.45 0.21 0.33
Average Maturity (yrs) 0.30 0.47 0.22 0.35
Yield to Maturity (%) 5.88 5.88 3.63 5.98
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 7.30% L&T Finance 2023 Debenture AAA 0.00 - 9.40 9.40
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 9.18 9.18
equal HDFC Bank 14/10/2022 Certificate of Deposit A1+ 0.00 - 9.06 9.06
equal HDFC 155-D 27/10/2022 Commercial Paper A1+ 0.00 - 8.04 8.04
new Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 6.11 6.11
equal REC 13/12/2022 Debenture AAA 0.00 - 5.11 5.11
new Punjab National Bank 2022 Certificate of Deposit A1+ 0.00 - 5.09 5.09
equal Jamnagar Utilities and Power 335-D 21/09/2022 Commercial Paper A1+ 0.00 - 5.05 5.05
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 5.92 5.01
equal Network 18 Media & Inv 328-D 15/12/2022 Commercial Paper A1+ 0.00 - 4.98 4.98
new Reserve Bank of India 91-D 13/10/2022 Treasury Bills SOV 0.00 - 4.03 4.03
new SIDBI 22/02/2023 Certificate of Deposit A1+ 0.00 - 3.94 3.94
equal 8.62% Food Corporation of India 22/03/2023 Bonds AAA 0.00 - 3.09 3.09
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 7.43 3.08
down Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 6.61 2.96
new Bajaj Finance 2022 Zero Coupon Bonds AAA 0.00 - 1.42 1.42
equal Others CBLO -- - 12.95

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:


0.01%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 28.3299

IDCW Weekly: ₹ 10.0768

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IDCW Monthly: ₹ 12.4836

IDCW Daily: ₹ 10.0203


Investment Strategy

The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.

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: 03-Jul-2008
Return Since Launch: 7.87%
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 491 Cr (As on 31-Jul-2022)
Expense Ratio: 0.81% (As on 30-Jun-2022)
Risk Grade: High
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily12-Aug-20220.0015

 11-Aug-20220.0013
 10-Aug-20220.0029
 08-Aug-20220.0039
 04-Aug-20220.0013
 03-Aug-20220.0009
 02-Aug-20220.0025
 01-Aug-20220.0051
 29-Jul-20220.0016
 28-Jul-20220.0012
 25-Jul-20220.0042
 22-Jul-20220.0013
 21-Jul-20220.0001
 20-Jul-20220.0004
 19-Jul-20220.0006
 18-Jul-20220.0033
 15-Jul-20220.0014
 14-Jul-20220.0012
 13-Jul-20220.0019
 12-Jul-20220.0007
 11-Jul-20220.0034
 08-Jul-20220.0005
 07-Jul-20220.0016
 06-Jul-20220.0030
 05-Jul-20220.0028
IDCW Weekly12-Aug-20220.0098

 05-Aug-20220.0098
 29-Jul-20220.0069
 22-Jul-20220.0058
 15-Jul-20220.0087
 08-Jul-20220.0134
 01-Jul-20220.0100
 24-Jun-20220.0113
 17-Jun-20220.0039
 10-Jun-20220.0084
 03-Jun-20220.0093
 27-May-20220.0029
 29-Apr-20220.0062
 22-Apr-20220.0153
 13-Apr-20220.0022
 08-Apr-20220.0053
 31-Mar-20220.0081
 25-Mar-20220.0110
 17-Mar-20220.0104
 11-Mar-20220.0061
 04-Mar-20220.0009
 25-Feb-20220.0053
 18-Feb-20220.0097
 11-Feb-20220.0116
 04-Feb-20220.0004
IDCW Monthly29-Jul-20220.0410

 24-Jun-20220.0400
 27-May-20220.0400
 29-Apr-20220.0400
 25-Mar-20220.0400
 25-Feb-20220.0400
 28-Jan-20220.0410
 31-Dec-20210.0430
 26-Nov-20210.0430
 29-Oct-20210.0440
 24-Sep-20210.0440
 27-Aug-20210.0440
 30-Jul-20210.0440
 25-Jun-20210.0440
 28-May-20210.0440
 30-Apr-20210.0440
 26-Mar-20210.0440
 26-Feb-20210.0440
 29-Jan-20210.0440
 24-Dec-20200.0440
 27-Nov-20200.0440
 29-Oct-20200.0440
 25-Sep-20200.0540
 28-Aug-20200.0540
 31-Jul-20200.0540
IDCW Quarterly28-Jun-20190.1369

 25-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-20170.1372
 24-Mar-20170.1372
 29-Dec-20160.1517
 29-Sep-20160.1517
 27-Jun-20160.1517
 28-Mar-20160.1517
 27-Mar-20150.2032
 26-Dec-20140.1633
 26-Sep-20140.1948
 27-Jun-20140.1636
 28-Mar-20140.2182
 27-Dec-20130.1559
 27-Sep-20130.1559
 28-Jun-20130.1559
 26-Mar-20130.1762
IDCW22-Mar-20190.0720

 28-Dec-20170.1733
 26-Sep-20140.7393
 19-Jan-20120.1742
 26-Sep-20110.0522
 27-Jul-20110.0955
 12-Jan-20100.0333

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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