PGIM India Ultra Short Duration Fund
DEBT
Selecting option from following drop-down list content will update below.
DEBT
Selecting option from following drop-down list content will update below.
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.
- NAV as on 22 Jun 2026
- ₹37.77460.06%
- Benchmark
- CRISIL Ultra Short Duration Debt A-I Index
- Risk
- Low To Moderate
- AUM as on 31 May 2026
- ₹174.66 Cr
- Date of Inception
- 01 Jan 2013
- Expense Ratio (19 Jun 2026)
- 0.30%
- Ideal Holding Period
- 3 Months +
₹1 Lakh invested
Since Inception
Lumpsum
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 7.84% | ₹2,75,346 |
| Benchmark Returns | 7.18% | ₹2,53,572 |
*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*
7.84%
Current value
₹2,75,346
Benchmark Returns*
7.18%
Current value
₹2,53,572
*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
- A1+ - 67.43%
- Cash and Cash Equivalents - 11.86%
- Sovereign - 8.54%
- AAA - 5.45%
- AA - 3.01%
- AA+ - 2.90%
- Debt - 0.81%
Top holdings
- UNION BANK OF INDIA CD RED 03-06-20269.15 %
- INDIAN BANK CD RED 04-12-20267.71 %
- KOTAK MAHINDRA BANK CD RED 05-03-20277.57 %
- HSBC INVESTDIR FIN SER CP RED 08-06-20265.72 %
- 182 DAYS TBILL RED 11-06-20265.71 %
Top Sectors
- Financial Services73.50 %
- Sovereign8.54 %
- Metals & Mining3.01 %
- Consumer Services2.28 %
- Others19.98 %
Quantitative Indicators
- Yield to Maturity
- 7.13%
- Modified Duration
- 3.6 Months
- Portfolio Macaulay Duration
- 3.8 Months
- Average Maturity
- 4.0 Months
Performance
Historical Returns
Historical Returns Calculator
Historical Returns as of May 31, 2026 with lumpsum investment of ₹10,000
PGIM India Ultra Short Duration Fund Returns ^ Value* CRISIL Ultra Short Duration Debt A-I Index** Returns ^ Value* CRISIL 1 Year T-Bill Index# Returns ^ Value* | |
|---|---|
1 Year | 5.89% ₹ 10,588 6.15 % ₹ 10,613 3.97 % ₹ 10,396 |
3 Years | 6.99% ₹ 12,244 7.11 % ₹ 12,287 6.34 % ₹ 12,023 |
5 Years | 6.22% ₹ 13,519 6.34 % ₹ 13,594 5.60 % ₹ 13,129 |
Since Inception | 7.84% ₹ 27,537 7.18 % ₹ 25,336 6.37 % ₹ 22,903 |
- 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
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.
About PGIM India Ultra Short Duration Fund
No records available
Frequently Asked Questions
No records available
Fund Documents
Riskometer
- 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.
This product is suitable for investors who are seeking*:
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
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
AMFI Tier - 1 Benchmark - CRISIL Ultra Short Duration Debt A-I 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)
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).
