Click here for top ranked funds in short term mutual funds.
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.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
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.
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.
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
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Create an account with Scripbox through a paperless process, to invest in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
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About PGIM India Short Maturity Fund Premium Plus (DR-Q)
About PGIM India Short Maturity Fund Premium Plus (DR-Q)
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
PGIM India Short Maturity Fund Premium Plus (DR-Q) Investment Objective
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.
PGIM India Short Maturity Fund Premium Plus (DR-Q) NAV,AUM,Risk
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.
PGIM India Short Maturity Fund Premium Plus (DR-Q) Holdings
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
PGIM India Short Maturity Fund Premium Plus (DR-Q) SIP
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.
PGIM India Short Maturity Fund Premium Plus (DR-Q) Investment volatility and Horizon
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) Review
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.
