- Mutual Funds
- PGIM Mutual Funds
- PGIM India Gilt Fund (RIDCW-Q)
Formerly PGIM India Gilt DR
Gilt funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Gilt Funds are mandated to invest a minimum of 80% of their total assets in Government Securities.
Such a strategy results in a very high credit quality of the fund.
Gilt Funds tend to take a large exposure to long dated instruments making them highly volatile when interest rate changes.We do not recommend funds in this category since we believe that the high volatility of the category is not suited for individual investors.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.9426
NAV (Sep 22)
Fund Returns
Last 1Y | 6% |
Last 3Y | 3.4% |
Last 5Y | 5.4% |
Last 10Y | 6.1% |
Since Inception | 5.7% |
6 Month CAGR | 3.8% |
Scheme Information
To seek to generate reasonable returns by investing in Central/State Government securities of various maturities.
Expense Ratio | 1.46 |
Launched (15y ago) | Oct 27, 2008 |
AUM in Crores | 129.324 |
ISIN | INF223J01AP8 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Gilt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 3.2 |
Standard Deviation (5yr) | 3.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.353 |
Sharpe Ratio (5yr) | 0.045 |
YTM | 7.29 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| PGIM India Gilt Fund (RIDCW-Q) | 8,34,080 | 1,01,468 | 5.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.26% govt stock 2032
34.2%7.26% govt stock 2033
21%8.51% govt stock 2033
11.8%clearing corporation of india ltd.
6%182 Days Treasury Bill 29-09-2023
4.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
PGIM India Asset Management Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
30.3% | 17.5% | ||
29.7% | 16.8% | ||
29.7% | 16.8% | ||
1.9% | 8.7% | ||
22.1% | 12.8% |
PGIM India Gilt Fund (RIDCW-Q) Review
PGIM India Gilt Fund (RIDCW-Q) is a Gilt Debt fund and has delivered an annualised return of 5.7% over a period of 14 years. The fund was previously known as PGIM India Gilt DR. The fund is managed by PGIM India Asset Management Private Limited. The fund managers are Bhupesh Kalyani, Puneet Pal.
Nav of PGIM India Gilt Fund (RIDCW-Q) as of 9/22/2023 is ₹13.94 with the total AUM as of 9/23/2023 is ₹129.324. With Scripbox you can compare and check the latest nav for all mutual funds in India. PGIM India Gilt Fund (RIDCW-Q) was launched on Oct 27, 2008. The category risk of the fund is Moderate Risk.
The minimum SIP amount for PGIM India Gilt Fund (RIDCW-Q) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
PGIM India Gilt Fund (RIDCW-Q) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Dynamic Gilt TR INR.
PGIM India Gilt Fund (RIDCW-Q) is rated as a 3 fund in Debt and delivered 6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with PGIM India Gilt Fund (RIDCW-Q).
Frequently Asked Questions
What is PGIM India Gilt Fund (RIDCW-Q)?
How to invest in PGIM India Gilt Fund (RIDCW-Q)?
You can invest in PGIM India Gilt Fund (RIDCW-Q) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of PGIM India Gilt Fund (RIDCW-Q)?
The minimum sip amount for PGIM India Gilt Fund (RIDCW-Q) is ₹1000. You can invest in multiples of ₹5000.
Is PGIM India Gilt Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, PGIM India Gilt Fund (RIDCW-Q) is a Neutral fund. You can investPGIM India Gilt Fund (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the PGIM India Gilt Fund (RIDCW-Q)?
The expense ratio of the PGIM India Gilt Fund (RIDCW-Q) is 1.46% for regular plan.