Fund Performance
Lumpsum
SIP
4.39
as on 31 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,376 today.
NAV Performance
Fund Information
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₹ 29.052
as on 31 Jan 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 618 Cr.
as on 31 Dec 2021 -
0.8%
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04 Jul 2008
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CRISIL 10 Year Gilt Index
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PGIM india Mutual Fund
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Highlights of this fund
PGIM India Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 04 Jul 2008. This fund is offered by one of the top AMC (Assets Management Company) PGIM india Mutual Fund. You can also view here all other Debt funds offered by PGIM india Mutual Fund.
Latest NAV of the fund is ₹ 29.052 as on 31 Jan 2023.
This fund has 14 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.8%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To provide liquidity and seek to generate returns by investing in a mix of short term debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
List of Fund Managers of PGIM India Ultra Short Term Fund
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About Kumaresh Ramakrishnan
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai). Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
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About Kunal Jain
Mr. Jain is a B.Com and MBA (Marketing). Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.13% | 0.62% | 4.53% | 6.41% | 5.34% | 6.29% | 6.23% | 6.91% | 7.58% | 5.74% | 5.51% | 5.78% | 5.65% | 6.79% |
| Category Average | 0.10% | 0.45% | 1.59% | 2.74% | 4.37% | 4.05% | 4.44% | 5.52% | 6.79% | 5.11% | 4.46% | 4.32% | 4.84% | 5.93% |
| PGIM India Ultra Short Term Fund | 0.11%₹ 10,010 | 0.49%₹ 10,048 | 1.52%₹ 10,152 | 2.75%₹ 10,274 | 4.50%₹ 10,449 | 5.04%₹ 12,326 | 3.94%₹ 10,804 | 4.31%₹ 25,089 | 4.39%₹ 11,376 | 4.16%₹ 38,363 | 6.91%₹ 13,968 | 5.65%₹ 69,221 | - | - |
| HDFC Ultra Short Term Fund | 0.11%₹ 10,010 | 0.51%₹ 10,050 | 1.61%₹ 10,161 | 2.90%₹ 10,289 | 4.71%₹ 10,470 | 5.28%₹ 12,342 | 4.18%₹ 10,856 | 4.53%₹ 25,146 | 4.82%₹ 11,517 | 4.46%₹ 38,536 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.11%₹ 10,010 | 0.52%₹ 10,051 | 1.63%₹ 10,162 | 2.88%₹ 10,288 | 4.75%₹ 10,475 | 5.32%₹ 12,344 | 4.42%₹ 10,906 | 4.66%₹ 25,179 | 4.97%₹ 11,567 | 4.67%₹ 38,661 | 6.19%₹ 13,501 | 5.43%₹ 68,846 | 7.39%₹ 20,410 | 6.79%₹ 1,70,191 |
| Aditya Birla Sun Life Savings Fund | 0.11%₹ 10,010 | 0.53%₹ 10,052 | 1.64%₹ 10,164 | 2.96%₹ 10,296 | 4.93%₹ 10,492 | 5.44%₹ 12,352 | 4.52%₹ 10,927 | 4.81%₹ 25,216 | 5.19%₹ 11,641 | 4.81%₹ 38,738 | 6.34%₹ 13,602 | 5.58%₹ 69,102 | 7.58%₹ 20,774 | 6.77%₹ 1,70,002 |
| SBI Magnum Ultra Short Duration Fund | 0.13%₹ 10,013 | 0.54%₹ 10,053 | 1.64%₹ 10,164 | 2.90%₹ 10,290 | 4.67%₹ 10,466 | 5.28%₹ 12,342 | 4.10%₹ 10,839 | 4.50%₹ 25,138 | 4.56%₹ 11,433 | 4.34%₹ 38,467 | 5.89%₹ 13,317 | 5.05%₹ 68,180 | 7.02%₹ 19,709 | 6.20%₹ 1,65,048 |
| Kotak Savings Fund | 0.10%₹ 10,010 | 0.48%₹ 10,048 | 1.56%₹ 10,156 | 2.80%₹ 10,279 | 4.63%₹ 10,463 | 5.15%₹ 12,333 | 4.00%₹ 10,817 | 4.42%₹ 25,116 | 4.48%₹ 11,406 | 4.26%₹ 38,418 | 5.73%₹ 13,215 | 4.94%₹ 67,993 | 7.01%₹ 19,701 | 6.16%₹ 1,64,654 |
Portfolio Holdings
Top Debt Instrument Type holdings of PGIM India Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 30.23% | ₹ 159.20 Cr. |
| GOI | 18.88% | ₹ 99.38 Cr. |
| CP | 18.63% | ₹ 98.10 Cr. |
| T-Bills | 14.14% | ₹ 74.48 Cr. |
| CD | 10.93% | ₹ 57.59 Cr. |
| Others | 7.19% | - |
Top Debt Holdings of PGIM India Ultra Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 18.88% | ₹ 99.38 Cr. |
| Bond - T-Bill | 14.14% | ₹ 74.48 Cr. |
| Bond - ICICI Securities Ltd. | 7.19% | ₹ 37.85 Cr. |
| Bond - L&T Finance Ltd. | 7.05% | ₹ 37.16 Cr. |
| Bond - Rural Electrification Corporation Limited | 4.86% | ₹ 25.60 Cr. |
| Others | 47.88% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 13.22% |
| Net Receivables | -6.03% |