Fund Details
PGIM India Ultra Short Term Direct Monthly Bonus
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.29% |
| NAV | ₹12.53 (31 Jan 2018) |
|---|---|
| Fund Started | 22 Apr 2013 |
| Fund Size | ₹513 Cr |
Returns
Comparison
1. Lower expense ratio - 0.29%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 12.8% |
| Axis Bank Ltd. | Financial | CD | 9.1% |
| L&T Finance Ltd. | Financial | NCD | 6.2% |
| GOI | Sovereign | CGL | 6.0% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.9% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| TV18 Broadcast Ltd. | Services | CP | 5.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.8% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 4.6% |
Fund Managers
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 ₹513 Cr and the Latest NAV as of 31 Jan 2018 is ₹12.53.
The PGIM India Ultra Short Term Direct Monthly Bonus is rated Low to Moderate 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.
