PGIM India Ultra Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹197 Cr

Expense Ratio

0.31%

ISIN

INF223J01QO7

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

PGIM India Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by PGIM India Mutual Fund. This fund has been in existence for 12 years, 1 months and 21 days, having been launched on 01-Jan-13.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹34.65, Assets Under Management (AUM) of 197.09 Crores, and an expense ratio of 0.31%.

PGIM India Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.99% since inception.
The fund's asset allocation comprises around 0.00% in equities, 9.15% in debts, and 90.18% in cash & cash equivalents.
You can start investing in PGIM India Ultra 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

+7.54%

+6.82% (Cat Avg.)

3 Years

+6.71%

+6.17% (Cat Avg.)

5 Years

+5.93%

+5.36% (Cat Avg.)

10 Years

+7.59%

+5.55% (Cat Avg.)

Since Inception

+7.99%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Debt	₹18.04 Cr	9.15%
Others	₹179.05 Cr	90.85%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd.	Cash - CD/Time Deposit	₹21.89 Cr	11.10%
HDFC Bank Limited	Cash - CD/Time Deposit	₹19.08 Cr	9.68%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹14.97 Cr	7.60%
Punjab National Bank	Cash - CD/Time Deposit	₹14.1 Cr	7.15%
Shriram Finance Limited	Bond - Corporate Bond	₹13.06 Cr	6.63%
91 Days Tbill Red 27-02-2025	Bond - Gov't/Treasury	₹11.95 Cr	6.06%
Clearing Corporation Of India Ltd.	Cash - Repurchase Agreement	₹10.56 Cr	5.36%
Muthoot Finance Limited	Bond - Corporate Bond	₹9.99 Cr	5.07%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹9.96 Cr	5.05%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹9.93 Cr	5.04%
Small Industries Development Bank of India	Cash - CD/Time Deposit	₹9.48 Cr	4.81%
Export-Import Bank Of India	Cash - Commercial Paper	₹9.43 Cr	4.79%
Union Bank Of India	Cash - CD/Time Deposit	₹9.39 Cr	4.76%
Canara Bank	Cash - CD/Time Deposit	₹9.38 Cr	4.76%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹4.98 Cr	2.52%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹4.97 Cr	2.52%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹4.97 Cr	2.52%
Infina Finance Private Limited	Cash - Commercial Paper	₹3.75 Cr	1.90%
182 DTB 06022025	Bond - Gov't/Treasury	₹2.15 Cr	1.09%
Net Receivables / (Payables)	Cash	₹1.82 Cr	0.93%
SBI CDMDF--A2	Mutual Fund - Open End	₹1.31 Cr	0.66%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹93.24 Cr	47.31%
Bond - Corporate Bond	₹43 Cr	21.82%
Cash - Commercial Paper	₹33.08 Cr	16.78%
Bond - Gov't/Treasury	₹14.09 Cr	7.15%
Cash - Repurchase Agreement	₹10.56 Cr	5.36%
Cash	₹1.82 Cr	0.93%
Mutual Fund - Open End	₹1.31 Cr	0.66%

Risk & Performance Ratios

Fund Managers

Bhupesh Kalyani

Since September 2022

Puneet Pal

Since July 2022

Ojasvi Khicha

Since April 2023

Additional Scheme Detailsas of 31st January 2025

ISIN

INF223J01QO7

Expense Ratio

0.31%

Exit Load

No Charges

Fund Size

₹197 Cr

Age

12 years 1 month

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Ultra Short Dura Debt A-I 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 Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹197.09 Cr	6.8%
Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹537.21 Cr	6.8%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1552.86 Cr	7.4%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1552.86 Cr	7.6%
LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹361.35 Cr	7.7%
LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk	0.9%	0.0%	₹361.35 Cr	6.9%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	0.9%	0.0%	₹3448.00 Cr	7.2%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹7666.37 Cr	7.2%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹229.86 Cr	7.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹229.86 Cr	7.8%

About the AMC

PGIM India Mutual Fund

+91 22 61593000

https://www.pgimindiamf.com/

Total AUM

₹24,843 Cr

Address

Nirlon House, 2nd Floor, Mumbai, 400 030

Other Funds by PGIM India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
PGIM India Fixed Duration Fund - Series BH Direct Growth Moderate Risk	-	0.0%	-	-
PGIM India Fixed Duration Fund - Series BJ Direct Growth Moderate Risk	-	0.0%	-	-
PGIM India Fixed Duration Fund - Series BI Direct Growth Moderate Risk	-	0.0%	-	-
PGIM India Fixed Duration Fund - Series BF Direct Growth Moderate Risk	-	0.0%	-	-
PGIM India Fixed Duration Fund - Series BG Direct Growth Moderate Risk	-	0.0%	-	-
PGIM India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹165.53 Cr	6.7%
PGIM India Dynamic Bond Direct Growth Moderate Risk	0.3%	0.0%	₹105.20 Cr	8.6%
PGIM India Global Select Real Estate Securities Fund of Fund Direct Growth Very High Risk	1.3%	0.0%	₹51.57 Cr	15.7%
PGIM India Balanced Advantage Fund Direct Growth Very High Risk	0.5%	0.0%	₹977.98 Cr	6.8%
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹26.45 Cr	8.0%
PGIM India Flexi Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹6054.10 Cr	5.6%
PGIM India Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹114.24 Cr	7.9%
PGIM India Global Equity Opportunities Fund Direct Growth Very High Risk	1.4%	0.0%	₹1455.86 Cr	18.2%
PGIM India Emerging Markets Equity Fund Direct Growth Very High Risk	1.4%	0.0%	₹95.13 Cr	22.6%
PGIM India Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹423.85 Cr	7.4%
PGIM India Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹93.31 Cr	7.2%
PGIM India Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹94.77 Cr	8.2%
PGIM India Hybrid Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹207.15 Cr	10.4%
PGIM India Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹570.93 Cr	4.2%
PGIM India Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹27.94 Cr	6.7%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹197.09 Cr	7.5%
PGIM India Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹69.96 Cr	6.7%
PGIM India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹85.35 Cr	7.6%
PGIM India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹181.11 Cr	7.5%
PGIM India ELSS Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹749.45 Cr	8.3%
PGIM India Midcap Opportunities Fund Direct Growth Very High Risk	0.5%	0.0%	₹10459.70 Cr	6.6%
PGIM India Credit Risk Fund Segregated Plan 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
PGIM India Small Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹1413.28 Cr	3.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of PGIM India Ultra Short Duration Fund Direct Growth?

The NAV of PGIM India Ultra Short Duration Fund Direct Growth, as of 21-Feb-2025, is ₹34.65.

What are the returns of PGIM India Ultra Short Duration Fund Direct Growth?

The fund has generated 7.54% over the last 1 year and 6.71% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of PGIM India Ultra Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 9.15% in bonds, and 90.18% in cash and cash equivalents.

Who manages the PGIM India Ultra Short Duration Fund Direct Growth?

The fund managers responsible for PGIM India Ultra Short Duration Fund Direct Growth are:-

Bhupesh Kalyani
Puneet Pal
Ojasvi Khicha

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹197 Cr

Expense Ratio

0.31%

ISIN

INF223J01QO7

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk