- Mutual Funds
- PGIM Mutual Funds
- PGIM India Ultra Short Duration Fund (RIDCW-A)
Formerly PGIM India Ultra S/T IDCW-R
PGIM India Ultra Short Duration Fund (RIDCW-A)
₹ 16.077
NAV (Jul 28)
Ultra short 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.
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
₹ 16.077
NAV (Jul 28)
Fund Returns
Last 1Y | 11% |
Last 3Y | 8.2% |
Last 5Y | 8.2% |
Last 10Y | NA |
Since Inception | 5.9% |
6 Month CAGR | 6.5% |
Scheme Information
To provide liquidity and seek to generate returns by investing in a mix of short term debt and money market instruments.
Expense Ratio | 0.9 |
Launched (15y ago) | Dec 01, 2009 |
AUM in Crores | 249.482 |
ISIN | INF223J01FJ0 |
Lock-in | No Lock-in |
Benchmark | CRISIL Ultra Short Dura Debt A-I TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.4 |
Standard Deviation (5yr) | 1.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.845 |
Sharpe Ratio (5yr) | 0.624 |
YTM | 7.52 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund (RIDCW-A) | 8,94,012 | 1,61,400 | 8.2% | |
| 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
axis bank limited
9.9%hdfc bank limited
9.9%small industries development bank of india
9.4%bank of baroda
9.4%reliance industries limited
8.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
PGIM India Asset Management Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
2.6% | 10.2% | ||
6.3% | 7.7% | ||
6.3% | 7.7% | ||
15% | 13.4% | ||
5.5% | 7.1% |
PGIM India Ultra Short Duration Fund (RIDCW-A) Review
PGIM India Ultra Short Duration Fund (RIDCW-A) is a Ultra Short Debt fund and has delivered an annualised return of 5.9% over a period of 14 years. The fund was previously known as PGIM India Ultra S/T IDCW-R. The fund is managed by PGIM India Asset Management Private Limited. The fund managers are Bhupesh Kalyani, Ojasvi Khicha, Puneet Pal.
Nav of PGIM India Ultra Short Duration Fund (RIDCW-A) as of 7/28/2019 is ₹16.08 with the total AUM as of 4/18/2024 is ₹249.482. With Scripbox you can compare and check the latest nav for all mutual funds in India. PGIM India Ultra Short Duration Fund (RIDCW-A) was launched on Dec 01, 2009. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for PGIM India Ultra Short Duration Fund (RIDCW-A) 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. Check your estimated returns on mutual funds by using sip calculator.
PGIM India Ultra Short Duration Fund (RIDCW-A) 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 Ultra Short Dura Debt A-I TR INR.
PGIM India Ultra Short Duration Fund (RIDCW-A) is rated as a 3 fund in Debt and delivered 11% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with PGIM India Ultra Short Duration Fund (RIDCW-A).
Frequently Asked Questions
What is PGIM India Ultra Short Duration Fund (RIDCW-A)?
How to invest in PGIM India Ultra Short Duration Fund (RIDCW-A)?
You can invest in PGIM India Ultra Short Duration Fund (RIDCW-A) 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 Ultra Short Duration Fund (RIDCW-A)?
The minimum sip amount for PGIM India Ultra Short Duration Fund (RIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is PGIM India Ultra Short Duration Fund (RIDCW-A) good to invest in?
As per Scripbox experts, PGIM India Ultra Short Duration Fund (RIDCW-A) is a Neutral fund. You can investPGIM India Ultra Short Duration Fund (RIDCW-A) 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 Ultra Short Duration Fund (RIDCW-A)?
The expense ratio of the PGIM India Ultra Short Duration Fund (RIDCW-A) is 0.9% for regular plan.