GMP IPO Watch
PGIM India Ultra Short Term Fund
Regular Plan · Regular IDCW · PGIM India Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.14% | +0.13% | 24 of 27 |
| 1M | +0.38% | +0.27% | 25 of 27 |
| 3M | +1.30% | +0.94% | 23 of 26 |
| 6M | +2.92% | +2.24% | 22 of 26 |
| YTD | +4.71% | +3.56% | 25 of 27 |
| 1Y | +5.52% | +4.24% | 22 of 26 |
| 2Y | +6.06% | +4.73% | 21 of 25 |
| 3Y | +6.32% | +4.79% | 22 of 24 |
| 5Y | +4.81% | +4.44% | 20 of 23 |
| 7Y | +3.33% | +3.92% | 16 of 19 |
| 10Y | +4.01% | +3.93% | 10 of 11 |
| INCEPTION | +3.80% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.98% | +45.20% | -26.79% | 76% | 30% |
| 6M | +1.94% | +45.12% | -24.63% | 79% | 31% |
| 1Y | +3.95% | +45.73% | -21.38% | 81% | 33% |
| 2Y | +3.99% | +20.31% | -10.09% | 83% | 34% |
| 3Y | +3.89% | +12.92% | -6.76% | 94% | 39% |
| 5Y | +3.31% | +9.93% | +2.15% | 100% | 41% |
| 7Y | +3.72% | +8.87% | +2.44% | 100% | 41% |
| 10Y | +3.81% | +4.01% | +3.63% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt95.56%
- Cash3.82%
- Other0.62%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Punjab National Bank ** | Money Market | 8.81% | — |
| 91TB171226 | Money Market | 8.54% | — |
| 7.95% Sikka Ports and Terminals Ltd. | Debt | 6.48% | — |
| HDB Financial Services Ltd. ** | Money Market | 6.44% | — |
| Axis Bank Ltd. ** | Money Market | 6.42% | -0.57% |
| Export Import Bank of India ** | Money Market | 6.30% | -0.57% |
| Kotak Mahindra Bank Ltd. ** | Money Market | 5.88% | -0.53% |
| 8.97% Muthoot Finance Ltd. | Debt | 4.33% | -0.42% |
| 7.71% REC Ltd. ** | Debt | 4.32% | -0.42% |
| Canara Bank ** | Money Market | 4.23% | -0.38% |
| National Bank for Agriculture & Rural Development ** | Money Market | 4.22% | -0.38% |
| Small Industries Development Bank of India ** | Money Market | 4.21% | -0.37% |
| HDFC Bank Ltd. | Money Market | 4.20% | -0.37% |
| Infina Finance Pvt Ltd. ** | Money Market | 3.85% | -0.34% |
| Clearing Corporation of India Ltd. | Net Current Assets | 2.29% | — |
View all 27 holdings
| 8.5% Cholamandalam Investment & Finance Company Ltd. ** | Debt | 2.16% | — |
| 8.15% Tata Steel Ltd. ** | Debt | 2.16% | -0.21% |
| 7.49% GIC Housing Finance Ltd. ** | Debt | 2.15% | -0.21% |
| JM Financial Services Ltd. ** | Money Market | 2.15% | — |
| 364T101226 | Money Market | 2.14% | — |
| Bank of Baroda ** | Money Market | 2.10% | -0.19% |
| HDFC Bank Ltd. ** | Money Market | 1.70% | -0.16% |
| Net Receivables / (Payables) | Net Current Assets | 1.53% | — |
| 7.7% National Bank for Agriculture & Rural Development | Debt | 1.30% | -0.12% |
| 6.9% LIC Housing Finance Ltd. | Debt | 1.28% | -0.13% |
| SBI CDMDF--A2 | Others | 0.62% | -0.06% |
| 364TB22727 | Money Market | 0.19% | -4.57% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.39 | 0.63 | Low Volatility |
| 3Y | 0.35 | 0.55 | Low Volatility |
| 5Y | 0.65 | 0.53 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.40 | -14.14 | Above Average |
| 3Y | 1.30 | -8.30 | Above Average |
| 5Y | -0.94 | -6.32 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 47.76 | 27.57 | Above Average |
| 3Y | 91.93 | 53.32 | Above Average |
| 5Y | 9.32 | 39.63 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.15 | 1.17 | Good Risk Adjusted Returns |
| 3Y | 1.04 | 1.06 | Good Risk Adjusted Returns |
| 5Y | 1.04 | 1.05 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
More From PGIM India Asset Management Private Limite
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
PGIM India Healthcare Fund
Direct Plan · Direct Growth
|
+20.03% | — | — | +11.89% |
|
PGIM India Global Select Real Estate Securities Fund of Fund
Direct Plan · Direct Growth
|
+13.32% | +14.96% | — | +4.97% |
|
PGIM India Small Cap Fund
Direct Plan · Direct Growth
|
+9.52% | +15.36% | +11.72% | +13.35% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.56% | +7.03% | +6.51% | +6.11% |
|
PGIM India Liquid Fund
Direct Plan · Direct Growth
|
+6.53% | +6.94% | +6.46% | +6.26% |
|
PGIM India Money Market Fund
Direct Plan · Direct Growth
|
+6.20% | +7.11% | +6.66% | +6.12% |
|
PGIM India Multi Cap Fund
Direct Plan · Direct IDCW
|
+6.04% | — | — | +3.63% |
|
PGIM India Overnight Fund
Direct Plan · Direct Growth
|
+5.14% | +5.95% | +5.74% | +5.11% |
|
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund
Direct Plan · Direct Growth
|
+4.44% | +7.10% | — | +7.24% |
|
PGIM India Emerging Markets Equity Fund of Fund
Direct Plan · Direct Growth
|
+3.76% | +19.57% | +0.81% | +6.04% |
About This Scheme
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 is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Stated Asset Allocation
Debt and Money Market Instruments including Government securities- Min 0% and Max 100%
Exit Load
NIL
Fund Managers
Mr. Puneet Pal and Mr. Akhil Dhar
Description - Asset classwise we have different Fund Manager. Puneet Pal is a Primary Fund Manager for Debt and Akhil Dhar is a Comanage Fund Manager for Debt.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.