PGIM India Dynamic Bond Fund
DEBT
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DEBT
Selecting option from following drop-down list content will update below.
An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively low credit risk scheme.
- NAV as on 19 Jun 2026
- ₹3094.4266-0.05%
- Benchmark
- CRISIL Dynamic Bond A-III Index
- Risk
- Moderate
- AUM as on 31 May 2026
- ₹82.65 Cr
- Date of Inception
- 01 Jan 2013
- Expense Ratio (18 Jun 2026)
- 0.45%
- Ideal Holding Period
- 3 Years+
₹1 Lakh invested
Since Inception
Lumpsum
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 7.95% | ₹2,79,139 |
| Benchmark Returns | 7.58% | ₹2,66,570 |
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Fund Returns
Annual Returns*
7.95%
Current value
₹2,79,139
Benchmark Returns*
7.58%
Current value
₹2,66,570
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Exit Load
NIL
Minimum Investment
SIP : ₹1,000 | Lumpsum : ₹5,000
Portfolio Holdings as on 31 May 2026
Asset Allocation
- Sovereign - 46.43%
- AAA - 24.86%
- Cash and Cash Equivalents - 21.26%
- A1+ - 6.97%
- Debt - 0.48%
Top holdings
- 6.48% GOVT OF INDIA RED 06-10-203527.36 %
- 6.59% PFC SR BS 251B NCD RED 15-10-309.28 %
- 6.36% GOVT OF INDIA RED 16-02-20318.47 %
- 6.65% IRFC SR 190 NCD RED 20-05-20306.47 %
- 6.7% REC LTD SR 249B NCD 31-12-296.02 %
Top Sectors
- Sovereign46.43 %
- Financial Services31.83 %
- Others21.21 %
- Cash0.05 %
- AIF0.48 %
Quantitative Indicators
- Yield to Maturity
- 6.92%
- Modified Duration
- 3.9 Years
- Portfolio Macaulay Duration
- 4.0 Years
- Average Maturity
- 5.5 Years
Performance
Historical Returns
Historical Returns Calculator
Historical Returns as of May 31, 2026 with lumpsum investment of ₹10,000
PGIM India Dynamic Bond Fund Returns ^ Value* CRISIL Dynamic Bond A-III Index** Returns ^ Value* CRISIL 10 Year Gilt Index# Returns ^ Value* | |
|---|---|
1 Year | 1.15% ₹ 10,115 1.15 % ₹ 10,114 -0.03 % ₹ 9,997 |
3 Years | 6.82% ₹ 12,188 6.07 % ₹ 11,931 5.99 % ₹ 11,906 |
5 Years | 6.10% ₹ 13,440 5.46 % ₹ 13,043 4.72 % ₹ 12,593 |
Since Inception | 7.95% ₹ 27,903 7.58 % ₹ 26,632 6.32 % ₹ 22,757 |
- Date of Inception: Direct Plan: January 01, 2013.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on May 31, 2026.
- The performance provided is for Direct Plan - Growth Option.
Fund Managers
Puneet Pal
He has more than two decades of experience in the debt markets within the mutual fund space.
Akhil Dhar
He has over 9 years of work experience, majority of which is in the field of credit analysis of large Indian corporates group.
Fund Details
Investment Objective
The objective of the Scheme is to seek to generate returns through active management of a portfolio of debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Fund Type
An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively low credit risk scheme.
Investment Strategy
- PGIM India Dynamic Bond Fund is a medium to long-term investment option that provides the flexibility to counter a dynamic environment by actively managing its portfolio in line with the evolving interest rate scenario.
- PGIM India Dynamic Bond Fund follows an active duration management strategy.
- The fund manager/s will actively monitor and review markets and portfolios so that necessary rebalancing of the portfolios can be done.
About PGIM India Dynamic Bond Fund
- The Fund seeks to generate Alpha by taking calls based on active duration /interest rates or on spreads between the curves (that is, the AAA and Government securities) or on the shape of the yield curve.
Frequently Asked Questions
No records available
Fund Documents
Riskometer
- Regular income for short term.
- To generate returns through active management of a portfolio of debt and money market instruments
- Degree of risk – MODERATE.
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
This product is suitable for investors who are seeking*:
Scheme Riskometer
The risk of the scheme is Moderate
Benchmark Riskometer
The risk of the Benchmark is
Moderate
AMFI Tier - 1 Benchmark - CRISIL Dynamic Bond A-III Index
Moderate
AMFI Tier - 1 Benchmark - CRISIL Dynamic Bond A-III Index
The risk of the Benchmark is Moderate
AMFI Tier - 1 Benchmark - CRISIL Dynamic Bond A-III Index
AMFI Tier - 1 Benchmark - CRISIL Dynamic Bond A-III Index
Potential Risk Class
Credit Risk
Interest Rate Risk
Relatively Low
(Class A)
(Class A)
Moderate
(Class B)
(Class B)
Relatively High
(Class C)
(Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III)
A-III
A-III is the potential risk class matrix of PGIM India Dynamic Bond Fund based on interest rate & credit risk.
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
