PGIM India Ultra Short Duration Fund Direct Growth

PGIM India Ultra Short Duration Fund Direct Growth

NAV as on 21-04-2025

₹ 35.17

0.1%

1D

Inception Returns

8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
35 people have invested ₹ 8.5L 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 ₹204 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 8.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.73%, 6.99% and 5.98% 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, Shriram Finance Limited, National Bank for Agriculture and Rural Development

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 ratio0.31%
Benchmark
CRISIL Ultra Short Duration Debt TR INR
AUM₹204 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 (21-Apr-25)

Period
PGIM India Ultra Short Duration Fund Direct Growth
Ultra Short Duration Index
1M
0.9%
0.7%
3M
2.1%
1.8%
6M
3.9%
3.3%
1Y
7.7%
6.8%
3Y
7%
6.4%
5Y
6%
5.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.4%

AAA
85.7%

AA
14.3%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Corporate
58.1%
Cash Equivalent
39.4%
Government
2.5%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 204.4 Cr
₹ 204.1 Cr
₹ 197.1 Cr
  • AUM of the fund stands at 204.4 Cr as of Mar'25
  • AUM increased by 0.3 Cr between Mar'25 and Feb'25
Top Stocks sold last month
Small Industries Development Bank of India's allocation decreased from 5.26 % to 4.08 %
Small Industries Development Bank of India's allocation decreased from 5.26 % to 4.08 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 2.16 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 2.16 %
Cash allocation has gone down from 83.2% to 70.9%
Cash allocation has gone down from 83.2% to 70.9%
Debt allocation has gone up from 16.2% to 28.4%
Debt allocation has gone up from 16.2% to 28.4%

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

Mar'25
Financial Services
84%
Corporate
58%
Industrial
10%
Feb'25
Financial Services
84%
Corporate
39%
Industrial
10%
  • Debt & Cash

Holdings
Weight%
1M Change
Indian Bank
Indian Bank
9.65%
0%
HDFC Bank Limited
HDFC Bank Limited
9.46%
0%
National Housing Bank
National Housing Bank
7.34%
0%
Shriram Finance Limited
Shriram Finance Limited
6.4%
0%
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
6.02%
100%
  • Returns %

  • Fund Ratios

  • Overview

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Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Ultra Short Duration 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 Ultra Short Duration Fund Direct Growth, since 16 July 2022
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

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In the last 1 year, Aditya Birla Sun Life Savings Fund Direct Plan Growth has given 8.17% return, outperforming this fund by 0.45%.
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In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.39% return, outperforming this fund by 0.4% per annum.
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This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.31% which is lower than the category average expense ratio of 0.56%.
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Over the last 3 months, this fund has experienced a 11.8% drop in AUM moving from 230.85 Cr to 203.56 Cr.
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In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.28% return, outperforming this fund by 1.3% per annum.

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 8.01% since inception which is more than its category average return of 7.85%
AUM size ₹204 Cr

AUM size ₹204 Cr

This fund has AUM of ₹204 Cr which is less than its category average of ₹ 3769 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.62%

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 ₹35.17 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
PGIM India Ultra Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.92%
0.92%
6 Month Returns
3.91%
3.91%
1 Year Returns
7.73%
7.73%
3 Years Returns
22.46%
6.99%
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.
0.31% as on March 2025
₹204 Cr as on March 2025
Indian Bank(9.65%), HDFC Bank Limited(9.46%), National Housing Bank(7.34%), Shriram Finance Limited(6.4%), National Bank for Agriculture and Rural Development(6.02%) as on March 2025
Corporate(58.15%), Cash Equivalent(39.39%), Government(2.46%) as on March 2025
Yield to Maturity is 7.29 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 0.44 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.67
AA
14.33
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%