PGIM India Short Duration Fund Direct Growth
DebtShort DurationLow to Moderate Risk
Direct
NAV (29-Sep-23)
Returns (Since Inception)
Fund Overview
Fund Size
₹28 Cr
Expense Ratio
0.34%
ISIN
INF223J01OW5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 29-Sep-23, it has a Net Asset Value (NAV) of ₹42.85, Assets Under Management (AUM) of 27.94 Crores, and an expense ratio of 0.34%.
- PGIM India Short Duration Fund Direct Growth has given a CAGR return of 7.07% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 71.03% in debts, and 28.97% in cash & cash equivalents.
- You can start investing in PGIM India Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.73%
+7.61% (Cat Avg.)
3 Years
+4.94%
+6.11% (Cat Avg.)
5 Years
+4.79%
+6.24% (Cat Avg.)
10 Years
+6.98%
+6.16% (Cat Avg.)
Since Inception
+7.07%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2023
| Debt | ₹19.85 Cr | 71.03% |
| Others | ₹8.09 Cr | 28.97% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 5.74% Govt Stock 2026 | Bond - Gov't/Treasury | ₹8.64 Cr | 30.92% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹5.71 Cr | 20.45% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹3.88 Cr | 13.88% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹2.13 Cr | 7.63% |
| State Bank Of India | Cash - CD/Time Deposit | ₹1.93 Cr | 6.91% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹1.5 Cr | 5.38% |
| 364 DTB 22032024 | Bond - Gov't/Treasury | ₹1.45 Cr | 5.18% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹1.2 Cr | 4.28% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0.48 Cr | 1.73% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹0.47 Cr | 1.68% |
| Net Receivables / (Payables) | Cash - Collateral | ₹0.45 Cr | 1.60% |
| 7.17% Govt Stock 2028 | Bond - Gov't/Treasury | ₹0.1 Cr | 0.36% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹15.02 Cr | 53.75% |
| Cash - Repurchase Agreement | ₹5.71 Cr | 20.45% |
| Bond - Corporate Bond | ₹4.83 Cr | 17.29% |
| Cash - CD/Time Deposit | ₹1.93 Cr | 6.91% |
| Cash - Collateral | ₹0.45 Cr | 1.60% |
Risk & Performance Ratios
Standard Deviation
This fund
1.04%
Cat. avg.
1.68%
Lower the better
Sharpe Ratio
This fund
0.06
Cat. avg.
-0.37
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.11
Higher the better
Fund Managers
Bhupesh Kalyani
Since September 2022
Puneet Pal
Since December 2017
Additional Scheme Detailsas of 15th September 2023
ISIN INF223J01OW5 | Expense Ratio 0.34% | Exit Load No Charges | Fund Size ₹28 Cr | Age 11 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Short Duration Debt B-II TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹9161.75 Cr | 8.0% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹365.39 Cr | 7.5% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2859.96 Cr | 7.3% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹9834.34 Cr | 7.8% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹365.39 Cr | 8.4% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹20032.95 Cr | 7.8% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹71.96 Cr | 7.5% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹71.96 Cr | 8.6% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹7627.11 Cr | 8.0% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14975.79 Cr | 8.3% |
About the AMC
PGIM India Mutual Fund
Total AUM
₹24,631 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Bhupesh Kalyani
- Puneet Pal
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