PGIM India Ultra Short Term Fund - Growth

Fund House: PGIM India Mutual Fund
Category: Debt: Ultra Short Duration
Launch Date: 03-07-2008
Asset Class: Fixed Interest
Benchmark: Crisil Liquid Fund Index
Expense Ratio: 0.77% As on (31-05-2020)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 77.45 Cr As on (31-05-2020)
Turn over: - | Exit Load: Nil

26.3392

8.42%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
8 Years 11 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

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.

Current Asset Allocation (%)

Indicators

Volatility 0.4
Sharp Ratio 12.61
Alpha 4.54
Beta 0.42
Yield to Maturity 4.65
Average Maturity 0.45

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
PGIM India Ultra Short Term Fund - Growth 03-07-2008 11.91 10.85 9.49 8.94 9.15
PGIM India Ultra Short Term Fund - Regular Plan - Growth 05-07-2008 11.56 10.23 8.31 7.39 7.89
IDBI UST Growth 03-09-2010 10.72 6.52 6.39 6.72 -
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan 27-11-2001 8.73 8.91 8.18 8.37 8.5
Aditya Birla Sun Life Savings Fund-Retail Growth 27-11-2001 8.32 8.45 7.88 8.2 8.59
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 27-11-2001 8.31 8.45 7.88 8.2 8.71
ICICI Prudential Ultra Short Term Fund - Growth 01-05-2011 7.88 8.09 7.58 8.16 -
HDFC Ultra Short Term Fund-Growth Option 01-09-2018 7.65 - - - -
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH 21-05-1999 7.64 7.95 7.64 7.58 8.19
IDFC ULTRA SHORT TERM FUND - REGULAR PLAN - GROWTH 01-07-2018 7.58 - - - -

Scheme Characteristics

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

May 2020

May 2020

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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