PGIM India Ultra Short Fund – Understand Ultra Short Term Duration Funds

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Debt Funds

PGIM India Ultra Short Duration Fund

NAV as on 26 Aug 2025

₹35.9997

0.02%

Benchmark

CRISIL Ultra Short Duration Debt A-I Index

Risk

Low To Moderate

AUM as on 31 Jul 2025

₹203.4 Cr

Date of Inception

01 Jan 2013

Expense Ratio (25 Aug 2025)

0.32%

Ideal Holding Period

3 Months +

₹1 Lakh invested

Over last :

Invested as :

Fund Returns

Annual Returns*

7.99%

Current Value

₹2,63,133

Benchmark Returns

7.25%

₹2,41,318

*Returns are CAGR - Compounded Annual Growth Rate

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 31 Jul 2025

Fund Returns

Annual Returns*

7.99%

Current value

₹2,63,133

Benchmark Returns*

7.25%

Current value

₹2,41,318

*Returns are CAGR - Compounded Annual Growth Rate

The performance provided is for Direct Plan - Growth Option.

The above returns are as on date 31 Jul 2025

Exit Load

Nil

Minimum Investment

SIP : ₹1,000 | Lumpsum : ₹5,000

Portfolio Holdings as on 31 Jul 2025

Asset Allocation

A1+ - 35.03%

AAA - 31.36%

AA+ - 18.19%

Cash and Cash Equivalents - 7.82%

Sovereign - 6.93%

Debt - 0.67%

Top holdings

7.47% SIDBI NCD SR VII RED 25-11-2025

7.86 %

7.34% NHB LTD NCD RED 07-08-2025

7.52 %

HDFC BANK CD RED 19-05-2026

5.67 %

9.25% SHRIRAM FIN SR PPD XV NCD 19-12-25

5.27 %

8.5% MUTHOOT FIN SR 24A NCD R 29-01-2026

5.20 %

Top Sectors

Financial Services

79.51 %

Sovereign

6.93 %

Power

5.07 %

Others

8.79 %

Cash

-0.97 %

Quantitative Indicators

Yield to Maturity

6.21%

Modified Duration

4.9 Months

Portfolio Macaulay Duration

5.3 Months

Average Maturity

5.3 Months

Performance

Historical Returns

Returns of the scheme will be displayed after completion of 6 months

Fund Managers

Puneet Pal

He has more than 2 decades of experience in the debt markets within the mutual fund space.

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Bhupesh Kalyani

He has over two decades of experience in fund management of fixed income securities.

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Fund Details

Investment Objective

To provide liquidity and seek to generate returns by investing in a mix of short term 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 ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months. A relatively low interest rate risk and moderate credit risk scheme.

Investment Strategy

PGIM India Ultra Short Duration Fund seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments.
Investment strategies will focus on constructing fixed income portfolios in line with Investment Objective of the respective schemes.
Investment decision will be primarily guided by fundamental research and analysis.
Portfolio managers will manage portfolios based on the outlook on interest rates and liquidity etc. Such outlook will be developed by in-house assessment of various macro factors like economic growth, inflation, credit pick-up, liquidity and other such factors as considered relevant.
Macaulay Duration will be maintained between 3-6 months.

Fund Documents

KIM

SID

Scheme Summary Document

Product Literature

Fund Dashboard

Riskometer

This product is suitable for investors who are seeking*:

Income over the short term
Investment in short term debt and money market instruments
Degree of risk – LOW TO MODERATE.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Scheme Riskometer

The risk of the scheme is Low To Moderate

Benchmark Riskometer

The risk of the Benchmark is
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Ultra Short Duration Debt A-I Index

The risk of the Benchmark is Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Ultra Short Duration Debt A-I Index

Potential Risk Class

Credit Risk

Interest Rate Risk

Relatively Low
(Class A)

Moderate
(Class B)

Relatively High
(Class C)

Relatively Low (Class I)

B-I

Moderate (Class II)

Relatively High (Class III)

B-I is the potential risk class matrix of PGIM India Ultra Short Duration 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).