1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. 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.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.45 | 0.01 | 0.06 | 0.32 | 0.75 | 1.85 | 5.16 | 8.87 | 8.34 | 8.57 | 8.93 |
CCIL T Bill Liquidity Weight | 0.28 | 0.01 | -0.01 | 0.20 | 0.45 | 1.09 | 2.87 | 3.74 | 3.97 | 4.40 | 4.68 |
Debt: Ultra Short Duration | 0.43 | 0.01 | 0.06 | 0.31 | 0.72 | 1.77 | 4.66 | 5.72 | 6.30 | 6.99 | 7.81 |
Rank within category | 8 | 23 | 10 | 6 | 7 | 10 | 8 | 1 | 1 | 1 | 1 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 27 | 15 | 15 | 14 | 12 |
As on 25-Feb-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
PGIM India Ultra Short Term Fund | Jul-08 | 5.16 | 8.87 | 8.34 | 0.75 | 330 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 5.92 | -- | -- | 0.64 | 18,196 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.22 | 7.49 | 7.78 | 0.50 | 16,118 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.24 | 6.84 | 7.07 | 0.77 | 12,326 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.31 | 7.05 | 7.04 | 0.49 | 11,019 |
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 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 8.61 | 2.12 | 1.86 | 4.34 | 2.77 | 6.56 |
CCIL T Bill Liquidity Weight | 3.72 | 0.36 | -2.62 | -5.07 | -- | -- |
Debt: Ultra Short Duration | 5.77 | 1.62 | 1.63 | 2.91 | 1.19 | 2.23 |
Rank within category | 1 | 12 | 9 | 8 | 17 | 1 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 25 | 25 | 12 | 40 |
Modified Duration (yrs) | 0.35 | 0.45 | 0.35 | -- |
Average Maturity (yrs) | 0.37 | 0.47 | 0.37 | -- |
Yield to Maturity (%) | 3.80 | 6.00 | 3.57 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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7.80% GOI 2021 | Central Government Loan | SOV | 0.00 - 15.49 | 15.26 |
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Reserve Bank of India 364-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 7.54 | 7.54 |
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Reserve Bank of India 364-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 8.35 | 7.51 |
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Reserve Bank of India 182-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 10.46 | 7.51 |
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Axis Bank 22/10/2021 | Certificate of Deposit | A1+ | 0.00 - 5.89 | 5.89 |
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7.15% HDFC 16/09/2021 | Debenture | AAA | 0.00 - 4.70 | 4.62 |
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Chennai Petroleum Corp. 90-D 18/03/2021 | Commercial Paper | A1+ | 0.00 - 4.52 | 4.52 |
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IRFC 87-D 12/04/2021 | Commercial Paper | A1+ | 0.00 - 4.51 | 4.51 |
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Network 18 Media & Inv | Commercial Paper | A1+ | 0.00 - 4.50 | 4.50 |
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Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 5.52 | 4.49 |
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Axis Securities 129-D 24/05/2021 | Commercial Paper | A1+ | 0.00 - 4.48 | 4.48 |
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Axis Bank 24/11/2021 | Certificate of Deposit | A1+ | 0.00 - 4.90 | 4.40 |
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Export-Import Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 5.42 | 3.89 |
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Aditya Birla Finance 2021 | Debenture | AAA | 0.00 - 4.07 | 3.66 |
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8.25% L&T Finance 21/06/2021 | Debenture | AAA | 0.00 - 4.34 | 3.07 |
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8.67% Aditya Birla Finance 2021 | Debenture | AAA | 0.00 - 4.34 | 3.06 |
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GOI 2021 | GOI Securities | SOV | 0.00 - 2.99 | 2.99 |
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10.40% Sikka Ports and Terminals 18/07/2021 | Bonds/NCDs | AAA | 0.00 - 8.18 | 2.92 |
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7.67% L&T Infrastructre Finance 18/03/2022 | Non Convertible Debenture | AAA | 0.00 - 5.73 | 2.84 |
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HDFC 363-D 10/02/2021 | Commercial Paper | A1+ | 0.00 - 1.81 | 1.81 |
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9.20% L&T Housing Finance 14/01/2022 | Debenture | AAA | 0.00 - 1.76 | 1.56 |
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Reserve Bank of India 364-D 08/04/2021 | Treasury Bills | SOV | 0.00 - 5.37 | 1.50 |
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HDFC-Warrant 347-D 24/09/2021 | Commercial Paper | A1+ | 0.00 - 0.60 | 0.59 |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 6.65 | 0.25 |
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Reliance Industries 327-D 15/06/2021 | Commercial Paper | A1+ | 0.00 - 8.78 | 0.06 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— Kumaresh Ramakrishnan since 01-Jan-2011
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.
Funds Managed:
— Kunal Jain since 05-Jan-2018
Education: Mr. Jain is a B.Com and MBA (Marketing).
Experience: Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
Funds Managed:
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The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.
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 |
Fund House: | PGIM India Mutual Fund |
Launch Date: | 03-Jul-2008 |
Return Since Launch: | 8.41% |
Benchmark: | CRISIL Ultra ST Debt TRI |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 330 Cr (As on 31-Jan-2021) |
Expense: | 0.75% (As on 31-Jan-2021) |
Risk Grade: | High |
Return Grade: | High |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 24-Feb-2021 | 0.0016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 18-Feb-2021 | 0.0121 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 29-Jan-2021 | 0.0440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Quarterly | 28-Jun-2019 | 0.1369 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend | 22-Mar-2019 | 0.0720 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 23-May-2019
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]
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