Fund Details
PGIM India Ultra Short Term Direct Monthly Bonus
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.30% |
| NAV | ₹12.53 (31 Jan 2018) |
|---|---|
| Fund Started | 22 Apr 2013 |
| Fund Size | ₹327 Cr |
Returns
Comparison
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
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 | 15.5% |
| Reserve Bank of India | Financial | T-Bills | 7.6% |
| Reserve Bank of India | Financial | T-Bills | 5.4% |
| Reserve Bank of India | Financial | T-Bills | 4.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.7% |
| Bank Of Baroda | Financial | CD | 4.5% |
| Axis Bank Ltd. | Financial | CD | 4.4% |
| Export-Import Bank Of India | Financial | CD | 3.9% |
| Power Finance Corpn. Ltd. | Financial | CP | 3.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.9% |
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 ₹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.
