Formerly DHFL Pramerica Sht Mty Prm Pls Qt DR
₹ 9.175
NAV (Jul 28)
Neutral
However, Scripbox does not recommend investing in short term mutual funds.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
10 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
50 Cr. Negligible within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
The investment objective of the Scheme is to seek to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.43 %
Expense Ratio
May 11, 2011
Launched (10y ago)
₹ 50
AUM in Crores
INF223J01DR8
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹ 0
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
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Age
Track Record
Liquid
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Top Ranked
17 Years
Age
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Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
PGIM India Asset Management Private Limited
PGIM India Asset Management Private Limited manages assets worth 6,378 crores and was set up on 24 September 2008. It's current offering of mutual fund schemes includes 15 equity,133 debt and 30 hybrid funds.
International - Others
Top Ranked
₹ 769 Cr
Fund Size
27.9%
3Y returns
Liquid
Top Ranked
₹ 676 Cr
Fund Size
5.9%
3Y returns
Diversified
Top Ranked
₹ 556 Cr
Fund Size
15.9%
3Y returns
Liquid
Top Ranked
₹ 676 Cr
Fund Size
N/A
3Y returns
Corporate Bond
Top Ranked
₹ 85 Cr
Fund Size
8%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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PGIM India Short Maturity Fund Premium Plus (DR-Q) is a short term debt fund and has delivered an annualised return of 4.4% over a period of 10 years .The fund was previously known as DHFL Pramerica Sht Mty Prm Pls Qt DR.The fund is managed by PGIM India Asset Management Private Limited.The fund managers are Kumaresh Ramakrishnan, Puneet Pal
The investment objective of the Scheme is to seek to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities. However, there is no assurance that the objective of the scheme will be realized.
The PGIM India Short Maturity Fund Premium Plus (DR-Q) fund was launched on May 11, 2011. The NAV (Net Asset Value) of this short term debt as of 2019-07-28 is ₹ 9.175. The total AUM (Asset Under Management) of the fund as of 2021-03-08 is ₹ 49.218. The category risk of the PGIM India Short Maturity Fund Premium Plus (DR-Q) fund is Very High Risk. The fund charges 1.43 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 75.3% in this asset class. The top three holdings of the fund are 5.77% goi 2030,national highways authority of india and 7.27% govt stock 2026
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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.
This fund 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 Short Term Bond Fund TR INR.
PGIM India Short Maturity Fund Premium Plus (DR-Q) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, PGIM India Short Maturity Fund Premium Plus (DR-Q) has a score of 1 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.