PGIM India Ultra Short Duration Fund Direct Growth

PGIM India Ultra Short Duration Fund Direct Growth

NAV as on 28-03-2025

₹ 34.94

0.1%

1D

Inception Returns

8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
35 people have invested ₹ 6L in PGIM India Ultra Short Duration Fund Direct Growth in the last three months

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

  1. PGIM India Ultra Short Duration Fund Direct Growth has ₹206 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

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 7.58%, 6.86% and 5.99% respectively.

Holdings

PGIM India Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Industrial, Consumer Cyclical, Government. Its top holdings are Indian Bank, HDFC Bank Limited, National Housing Bank, Punjab National Bank, Shriram Finance Limited

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:
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 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.

PGIM India Ultra Short Duration Fund Direct Growth Overview

Expense ratio0.3%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹206 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
210.38%
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
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
PGIM India Ultra Short Duration Fund Direct Growth
Ultra Short Duration Index
1M
0.7%
0.5%
3M
2%
1.6%
6M
3.8%
3.2%
1Y
7.6%
6.6%
3Y
6.9%
6.2%
5Y
6%
5.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.4%

AAA
75.7%

AA
24.3%

Sector Allocation

Feb'25

Jan'25

Dec'24

Cash Equivalent
58.1%
Corporate
39.5%
Government
2.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 204.1 Cr
₹ 197.1 Cr
₹ 230.9 Cr
  • AUM of the fund stands at 204.1 Cr as of Feb'25
  • AUM increased by 7 Cr between Feb'25 and Jan'25
Top Stocks bought last month
LIC Housing Finance Ltd's allocation increased from 6.19% to 6.48%
LIC Housing Finance Ltd's allocation increased from 6.19% to 6.48%
Shriram Finance Limited's allocation increased from 5.41% to 5.66%
Shriram Finance Limited's allocation increased from 5.41% to 5.66%
Small Industries Development Bank of India's allocation increased from 3.88% to 4.08%
Small Industries Development Bank of India's allocation increased from 3.88% to 4.08%
Top Stocks sold last month
National Bank For Agriculture And Rural Development's allocation decreased from 7.29 % to 2.16 %
National Bank For Agriculture And Rural Development's allocation decreased from 7.29 % to 2.16 %
Cash allocation has gone down from 90.2% to 83.2%
Cash allocation has gone down from 90.2% to 83.2%
Debt allocation has gone up from 9.2% to 16.2%
Debt allocation has gone up from 9.2% to 16.2%

Top 3 Sectors in February were Financial Services, Corporate & Industrial

Feb'25
Financial Services
84%
Corporate
39%
Industrial
10%
Jan'25
Financial Services
84%
Corporate
33%
Industrial
10%
  • Debt & Cash

Holdings
Weight%
1M Change
Indian Bank
Indian Bank
9.56%
100%
HDFC Bank Limited
HDFC Bank Limited
9.36%
0%
National Housing Bank
National Housing Bank
7.29%
100%
Punjab National Bank
Punjab National Bank
6.92%
0%
Shriram Finance Limited
Shriram Finance Limited
6.34%
0%
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Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Ultra Short Duration Fund Direct Growth, since 13 September 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Ultra Short Duration Fund Direct Growth, since 16 July 2022
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹24.93K Cr
as on 28-Feb-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
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.26% return, outperforming this fund by 0.39% per annum.
Insights icon
In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.25% return, outperforming this fund by 1.27% per annum.
Insights icon
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 8% return, outperforming this fund by 0.42%.
Insights icon
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.56%.
Insights icon
Over the last 3 months, this fund has experienced a 14.2% drop in AUM moving from 239.5 Cr to 205.52 Cr.

PGIM India Ultra Short Duration Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 8% since inception which is more than its category average return of 7.81%
AUM size ₹206 Cr

AUM size ₹206 Cr

This fund has AUM of ₹206 Cr which is less than its category average of ₹ 3933 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.62%

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5Y CAGR

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5Y CAGR

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PGIM India Corporate Bond Fund Direct Plan Growth

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5Y CAGR

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PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth

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1Y CAGR

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PGIM India Money Market Fund Direct Growth

PGIM India Money Market Fund Direct Growth

5Y CAGR

▲ 5.99

Frequently Asked Questions for PGIM India Ultra Short Duration Fund Direct Growth

The current NAV of PGIM India Ultra Short Duration Fund Direct Growth is ₹34.94 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
PGIM India Ultra Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
3.78%
3.78%
1 Year Returns
7.58%
7.58%
3 Years Returns
22.04%
6.86%
5 Years Returns
33.73%
5.99%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • 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.
0.3% as on March 2025
₹206 Cr as on March 2025
Indian Bank(9.56%), HDFC Bank Limited(9.36%), National Housing Bank(7.29%), Punjab National Bank(6.92%), Shriram Finance Limited(6.34%) as on March 2025
Corporate(56.23%), Cash Equivalent(41.33%), Government(2.44%) as on March 2025
Yield to Maturity is 7.22 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 0.38 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
75.67
AA
24.33
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Ultra Short Duration Fund Direct Growth
The Exit load of PGIM India Ultra Short Duration Fund Direct Growth is 0%