PGIM India Low Duration Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Low Duration Fund category.

The NAV for PGIM India Low Duration Fund Fund is 26.034 as of 29 Sep 2023. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 4.46% annualized return for the last 3 years.

At present PGIM India Low Duration Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of PGIM India Low Duration Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • -

  • PGIM India Low Duration Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.17%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • PGIM India Low Duration Fund is an Debt oriented mutual fund in the - Low Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for PGIM India Low Duration Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 22 Jun 2007 as at present it is 17 years old fund.

  • Name of the AMC is PGIM India Mutual Fund. Click here to know more about PGIM India Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. PGIM India Low Duration Fund managed by following fund manager(s);

How does the Return Comparison of the PGIM India Low Duration Fund fare against peer funds in the Low Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by PGIM India Low Duration Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Low Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.48% 1.13% 5.90% 5.90% 7.68% 6.57% 6.71% 6.80% 7.59%
Category Average 0.30% 0.79% 4.17% 4.64% 6.65% 5.09% 4.86% 5.62% 6.87%
PGIM India Low Duration Fund 0.13% 0.47% 1.49% 3.25% - - - - - -
UTI Treasury Advantage Fund 0.15% 0.71% 1.90% 3.72% 7.30% 6.43% 7.29% 4.59% 6.37%
HDFC Low Duration Fund 0.17% 0.75% 1.93% 3.62% 7.30% 6.26% 5.43% 6.14% 6.81%
Axis Treasury Advantage Fund 0.17% 0.74% 1.96% 3.74% 7.27% 6.35% 5.50% 6.16% 7.00%
ICICI Prudential Savings Fund 0.16% 0.78% 2.10% 3.90% 7.95% 6.90% 5.95% 6.61% 7.44%
Nippon India Low Duration Fund 0.15% 0.74% 1.90% 3.58% 7.06% 6.06% 5.36% 5.74% 6.86%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of PGIM India Low Duration Fund are shown below;

Equity -

Debt 99.31%

Others 0.69%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 32557 364 DAYS TBILL 26JN24 FV RS 100 9.35%
GOVERNMENT OF INDIA 33291 182 DAYS TBILL 08FB24 FV RS 100 9.33%
ICICI SECURITIES LIMITED 365D CP 07MAR24 6.94%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.15 BD 02JU25 FVRS10LAC 6.68%
JM FINANCIAL CREDIT SOLUTIONS LIMITED TRANCHE AS-XIV RR NCD 23JL24 FVRS10LAC 4.85%
Others 62.85%

Allocation by Instruments

Type of the InstrumentHolding Percentage
TREASURY BILLS 33.58%
COMMERCIAL PAPER 11.56%
BOND 6.68%
DEBENTURE 14.44%
CERTIFICATE OF DEPOSIT 27.24%
GOVERNMENT SECURITIES 4.65%

Portfolio Holdings shown is as of 31 Aug 2023

Riskometer

Investors understand that their principal
will be at Low to Moderate risk