PGIM India Gilt Fund Direct Growth

PGIM India Gilt Fund Direct Growth

NAV as on 21-04-2025

₹ 32.92

0.5%

1D

Inception Returns

8.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
5 people have invested ₹ 81.8K in PGIM India Gilt Fund Direct Growth in the last three months

About PGIM India Gilt Fund Direct Growth

PGIM India Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Gilt Fund Direct Growth has ₹117 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Gilt Fund Direct Growth has given a CAGR return of 8.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.00%, 8.62% and 7.16% respectively.

Holdings

PGIM India Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.23% Govt Stock 2039, 7.3% Govt Stock 2053, 6.92% Govt Stock 2039, 7.1% Govt Stock 2034, 7.09% Govt Stock 2054

Taxation

As it is a government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of PGIM India Gilt Fund Direct Growth

To seek to generate reasonable returns by investing in Central/State Government securities of various maturities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Gilt Fund Direct Growth has no lock in period.

PGIM India Gilt Fund Direct Growth Overview

Expense ratio0.5%
Benchmark
CRISIL Dynamic Gilt TR INR
AUM₹117 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
618.09%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (21-Apr-25)

Period
PGIM India Gilt Fund Direct Growth
Government Bond Index
1M
2.8%
2.3%
3M
4.7%
3.9%
6M
6%
5.3%
1Y
13%
11.3%
3Y
8.6%
7.7%
5Y
7.2%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Government
94.7%
Cash Equivalent
5.3%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 115.9 Cr
₹ 113.5 Cr
₹ 114.2 Cr
  • AUM of the fund stands at 115.9 Cr as of Mar'25
  • AUM increased by 2.4 Cr between Mar'25 and Feb'25
Cash allocation has gone down from 8.6% to 5.3%
Cash allocation has gone down from 8.6% to 5.3%
Debt allocation has gone up from 91.4% to 94.7%
Debt allocation has gone up from 91.4% to 94.7%

Top Sector in March was Government

Mar'25
Government
95%
Feb'25
Government
91%
  • Debt & Cash

Holdings
Weight%
1M Change
7.23% Govt Stock 2039
7.23% Govt Stock 2039
24.31%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
17.47%
0%
6.92% Govt Stock 2039
6.92% Govt Stock 2039
16.32%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
12.63%
0%
7.09% Govt Stock 2054
7.09% Govt Stock 2054
4.74%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
PGIM India Gilt Fund Direct Growth
PGIM India Gilt Fund Direct Growth
13%
8.62%
7.16%
8.06%
DSP Gilt Fund Direct Plan Growth
DSP Gilt Fund Direct Plan Growth
13.23%
8.97%
7.57%
8.52%
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Gilt Fund Direct Growth
12.67%
9.13%
7.53%
9.49%
Edelweiss Government Securities Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
12.44%
8.54%
7.82%
9.04%
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Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Gilt Fund Direct Growth, since 13 September 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India ELSS Tax Saver Fund Dir Gr
12.61%
14.56%
PGIM India Liquid Fund Direct Plan Growth
6.92%
6.37%
PGIM India Large Cap Fund Direct Plan Growth
12.65%
12.92%
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Gilt Fund Direct Growth, since 13 December 2017
Top funds managed
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹23.11K Cr
as on 31-Mar-2025
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.5% which is lower than the category average expense ratio of 0.8%.
Insights icon
In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 9.13% return, outperforming this fund by 0.51% per annum.
Insights icon
In the last 1 year, DSP Gilt Fund Direct Plan Growth has given 13.23% return, outperforming this fund by 0.24%.
Insights icon
Over the last 1 month, this fund has experienced a 2.6% growth in AUM moving from 114.35 Cr to 117.36 Cr.
Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.72% return, outperforming this fund by 0.56% per annum.

PGIM India Gilt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.06% since inception which is more than its category average return of 7.15%
AUM size ₹117 Cr

AUM size ₹117 Cr

This fund has AUM of ₹117 Cr which is less than its category average of ₹ 2197 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 0.85%

Frequently Asked Questions for PGIM India Gilt Fund Direct Growth

The current NAV of PGIM India Gilt Fund Direct Growth is ₹32.92 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
PGIM India Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.8%
2.8%
6 Month Returns
6.03%
6.03%
1 Year Returns
13%
13%
3 Years Returns
28.14%
8.62%
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0.5% as on March 2025
₹117 Cr as on March 2025
7.23% Govt Stock 2039(24.31%), 7.3% Govt Stock 2053(17.47%), 6.92% Govt Stock 2039(16.32%), 7.1% Govt Stock 2034(12.63%), 7.09% Govt Stock 2054(4.74%) as on March 2025
Yield to Maturity is 6.9 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 8.88 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Gilt Fund Direct Growth
The Exit load of PGIM India Gilt Fund Direct Growth is 0%