PGIM India Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 02-01-2025
₹ 34.33
Inception Returns
8%
/yr
About PGIM India Ultra Short Duration Fund Direct Growth
PGIM India Ultra Short Duration 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
- PGIM India Ultra Short Duration Fund Direct Growth has ₹239 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
PGIM India Ultra Short Duration Fund Direct Growth has given a CAGR return of 8.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.55%, 6.57% and 5.91% respectively.
Holdings
PGIM India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Industrial, Consumer Cyclical, Government. Its top holdings are Axis Bank Limited, ICICI Bank Ltd., Canara Bank, HDFC Bank Limited, LIC Housing Finance Ltd
Taxation
As it is a ultra short duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of PGIM India Ultra Short Duration Fund Direct Growth
To provide liquidity and seek to generate returns by investing in a mix of short term debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Ultra Short Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
PGIM India Ultra Short Duration Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹239 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 210.38% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (02-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 241.3 Cr as of Nov'24
- AUM decreased by 1.5 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Corporate & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Bank Limited | 9.48% | 0% | |
ICICI Bank Ltd. | 9.05% | 0% | |
Canara Bank | 8.23% | 0% | |
HDFC Bank Limited | 7.89% | 0% | |
LIC Housing Finance Ltd | 6.24% | 0% |
Mutual Fund Insights
PGIM India Ultra Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹239 Cr
Expense Ratio 0.31%
Frequently Asked Questions for PGIM India Ultra Short Duration Fund Direct Growth
PGIM India Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.67% | 3.67% |
1 Year Returns | 7.55% | 7.55% |
3 Years Returns | 21.04% | 6.57% |
5 Years Returns | 33.26% | 5.91% |
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 89 |
AA | 11 |