Should I invest in PGIM India Dynamic Bond Fund-Monthly Dividend Option?

We don't give personal investment advice. PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.4%. 5-year CAGR: 8.66%.

PGIM India

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option

Latest NAV

₹1,564.4811

As of

5 Mar 2021

1,932 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.12%	+17.32%	-17.45	67 / 68	Q4
1W	+0.01%	+14.16%	-14.16	64 / 70	Q4
2W	-0.20%	+15.97%	-16.18	67 / 69	Q4
1M	-0.47%	+15.90%	-16.37	67 / 69	Q4
3M	-0.94%	+15.94%	-16.89	54 / 69	Q4
6M	+1.00%	+17.09%	-16.09	26 / 69	Q2
YTD	-1.19%	+15.85%	-17.03	60 / 69	Q4
1Y	+4.91%	+18.41%	-13.50	11 / 69	Q1
2Y	+9.56%	+7.92%	+1.64	6 / 68	Q1
3Y	+9.40%	+2.85%	+6.56	1 / 63	Q1
4Y	+7.88%	+3.41%	+4.47	3 / 61	Q1
5Y	+8.66%	+3.09%	+5.57	3 / 56	Q1
7Y	+6.64%	+2.73%	+3.90	11 / 52	Q1
10Y	—	—	—	—	—
Inception	+5.39%	+7.98%	-2.59	20 / 68	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2021 YTD	-1.19%	+0.27%	-1.46	42 / 55
2020	+9.69%	+3.18%	+6.51	9 / 52
2019	+11.58%	+2.95%	+8.63	4 / 53
2018	+7.87%	+3.55%	+4.32	5 / 47
2017	+2.22%	-1.08%	+3.30	12 / 44
2016	+12.98%	+6.39%	+6.59	8 / 44
2015	+0.92%	+4.88%	-3.96	6 / 8
2014	+2.97%	+3.07%	-0.10	3 / 5
2013	-2.99%	+0.87%	-3.86	4 / 5

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.51%

86 windows

min -2.9% · max 15.4%

93% positive

3-Year rolling

+6.44%

62 windows

min 0.8% · max 9.7%

100% positive

5-Year rolling

+6.42%

38 windows

min 3.2% · max 9.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.37%

13 windows

min 5.0% · max 7.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.51%

3-year · annualised

Sharpe ratio

0.74

vs risk-free 6.5%

Sortino ratio

1.93

Downside-only deviation

Max drawdown

-3.37%

Mar 2020 → Mar 2020

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Dynamic Bond Fund

Scheme	Fund house	NAV	As of
HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan	HDFC	₹13.6543	3 Jun 2026
NIPPON INDIA DYNAMIC BOND FUND - Direct Plan - IDCW Option	Nippon India	₹29.9231	3 Jun 2026
SBI Dynamic Bond Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.6379	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Annual IDCW	ICICI Prudential	₹11.2620	3 Jun 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Annual IDCW	Bandhan	₹11.7487	3 Jun 2026
Quantum Dynamic Bond Fund - Direct Plan Monthly IDCW	Quantum	₹10.1944	3 Jun 2026
Aditya Birla Sun Life Dynamic Bond Fund -Direct - IDCW	Aditya Birla Sun Life	₹12.9569	3 Jun 2026
Franklin India Dynamic Accrual Fund-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Dynamic Bond Fund Direct IDCW	Mirae Asset	₹18.5922	3 Jun 2026
Kotak Dynamic Bond Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.8223	3 Jun 2026

Recent NAVs

Date	NAV
5 Mar 2021	₹1,564.4811
4 Mar 2021	₹1,566.4307
3 Mar 2021	₹1,565.5602
2 Mar 2021	₹1,566.3720
1 Mar 2021	₹1,565.8736
26 Feb 2021	₹1,564.3980
25 Feb 2021	₹1,565.9627
24 Feb 2021	₹1,566.6035
23 Feb 2021	₹1,566.9025
22 Feb 2021	₹1,566.3047

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 05 Mar 2021, the NAV of PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option is ₹1,564.4811. It's a Dynamic Bond Fund from PGIM India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option has NAV history starting from 09 Jan 2013, a track record of about 13 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option is managed by PGIM India. It's classified by AMFI under the 'Dynamic Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option has delivered a absolute return of 4.91% — -13.5 pp behind the Dynamic Bond Fund category average of 18.41%. The fund ranks #11 of 69 in its category — the top (Q1) quartile.

Over the trailing 3-year window, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option has delivered a CAGR of 9.40% — +6.56 pp ahead of the Dynamic Bond Fund category average of 2.85%. The fund ranks #1 of 63 in its category — the top (Q1) quartile.

Over the trailing 5-year window, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option has delivered a CAGR of 8.66% — +5.57 pp ahead of the Dynamic Bond Fund category average of 3.09%. The fund ranks #3 of 56 in its category — the top (Q1) quartile.

₹1 lakh invested in PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option exactly 5 years ago would be worth approximately ₹151,485 today — a multiplier of 1.51×, based on the 5-year CAGR of 8.66%. The category average over the same window would have grown ₹1 lakh to ₹116,442.

A ₹10,000 monthly SIP in PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹735,330 today. That's an XIRR (money-weighted annualised return) of 8.07%.

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,102,234 — XIRR 7.64%.

On a 5-year basis, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option ranks #3 out of 56 funds in the Dynamic Bond Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.09%; this fund delivered 8.66%.

The worst peak-to-trough decline PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option has experienced over the last 5-year window is 3.37% — its NAV fell from a high on 09 Mar 2020 to a low on 23 Mar 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option averaged 6.42% (best 9.04%, worst 3.16%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.45 — weak risk-adjusted performance.

In calendar year 2020, PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option returned 9.69% — beating the Dynamic Bond Fund category average of 3.18% by 6.51 pp. It ranked #9 of 52 in its category that year.

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.4%. 5-year CAGR: 8.66%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

PGIM India Dynamic Bond Fund - Direct Plan-Monthly Dividend Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Dynamic Bond Fund

Recent NAVs

Frequently asked questions

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