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PGIM India Ultra Short Term Direct Monthly Bonus+0.02%

5.82%
1 Year Return
Debt
Ultra Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Ultra Short Term Direct Monthly Bonus

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.30%
NAV₹12.53 (31 Jan 2018)
Fund Started22 Apr 2013
Fund Size327 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.8%
9.2%
8.7%
8.7%
Category Average
4.8%
5.8%
6.3%
-
Rank Within Category
7
1
1
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL15.5%
Reserve Bank of IndiaFinancialT-Bills7.6%
Reserve Bank of IndiaFinancialT-Bills5.4%
Reserve Bank of IndiaFinancialT-Bills4.8%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.7%
Bank Of BarodaFinancialCD4.5%
Axis Bank Ltd.FinancialCD4.4%
Export-Import Bank Of IndiaFinancialCD3.9%
Power Finance Corpn. Ltd.FinancialCP3.9%
National Bank For Agriculture & Rural DevelopmentFinancialCD3.9%
See All

Fund Managers

Kumaresh Ramakrishnan
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Kunal Jain
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PGIM India Ultra Short Term Direct Monthly Bonus Details

PGIM India Ultra Short Term Direct Monthly Bonus is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 22 Apr 2013. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of PGIM India Ultra Short Term Direct Monthly Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹327 Cr and the Latest NAV as of 31 Jan 2018 is ₹12.53.

The PGIM India Ultra Short Term Direct Monthly Bonus is rated Moderately Low risk. Minimum SIP Investment is set to 500.

Investment Objective

The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About PGIM India Mutual Fund

Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
Website
NA
PGIM India Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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