Should I invest in PGIM India Dynamic Bond Fund?

We don't give personal investment advice. PGIM India Dynamic Bond Fund - Dividend Option - Monthly 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: 9.7%. 5-year CAGR: 1.59%.

PGIM India

PGIM India Dynamic Bond Fund - Dividend Option - Monthly

Latest NAV

₹1,075.7507

As of

5 Mar 2021

2,205 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	-0.13%	+0.08%	-0.21	27 / 28	Q4
1W	-0.52%	-6.43%	+5.92	28 / 30	Q4
2W	-0.75%	-3.01%	+2.26	28 / 29	Q4
1M	-1.06%	-3.07%	+2.00	28 / 29	Q4
3M	-2.71%	-3.18%	+0.47	27 / 29	Q4
6M	-2.50%	-1.05%	-1.45	27 / 29	Q4
YTD	-2.37%	-1.27%	-1.10	27 / 29	Q4
1Y	-2.34%	-0.20%	-2.15	21 / 29	Q3
2Y	+2.23%	+4.93%	-2.70	19 / 28	Q3
3Y	+2.29%	+4.61%	-2.31	19 / 28	Q3
4Y	+0.75%	+4.83%	-4.09	24 / 28	Q4
5Y	+1.59%	+3.92%	-2.33	18 / 27	Q3
7Y	+1.22%	+3.77%	-2.55	17 / 26	Q3
10Y	—	—	—	—	—
Inception	+0.79%	+4.05%	-3.26	22 / 28	Q4

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	-2.37%	+2.73%	-5.11	22 / 24
2020	+2.18%	+4.46%	-2.27	16 / 27
2019	+4.40%	+4.44%	-0.03	13 / 27
2018	+0.66%	+3.44%	-2.79	20 / 27
2017	-4.81%	-0.70%	-4.11	23 / 28
2016	+8.35%	+8.38%	-0.03	15 / 28
2015	-1.44%	+4.66%	-6.09	10 / 10
2014	+2.62%	+6.69%	-4.07	7 / 9
2013	-3.02%	+2.58%	-5.60	7 / 8
2012	+0.40%	+4.65%	-4.25	6 / 8

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

+1.24%

100 windows

min -7.1% · max 11.4%

63% positive

3-Year rolling

+1.00%

75 windows

min -0.6% · max 4.0%

80% positive

5-Year rolling

+1.15%

51 windows

min -0.5% · max 2.2%

96% positive

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

7-Year rolling

+1.14%

27 windows

min 0.4% · max 1.8%

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

-1.18

vs risk-free 6.5%

Sortino ratio

-1.93

Downside-only deviation

Max drawdown

-3.52%

Mar 2020 → Apr 2020

% positive months

55.6%

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 - Normal IDCW Option	HDFC	₹19.4058	3 Jun 2026
NIPPON INDIA DYNAMIC BOND FUND - QUARTERLY IDCW Option	Nippon India	₹10.2473	3 Jun 2026
SBI MAGNUM NRI LONG TERM BOND PLAN-DIVIDEND	SBI	₹19.2863	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Annual IDCW	ICICI Prudential	₹11.2400	3 Jun 2026
Franklin India Dynamic Accrual Fund- Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - IDCW	Franklin India	₹0.0000	3 Jun 2026
PGIM India Dynamic Bond Fund - Dividend Option - Quarterly	PGIM India	₹1,051.3579	3 Jun 2026
Birla Sun Life Dynamic Bond Fund-Discipline Advantage Plan-Growth	Birla Sun Life	₹33.1008	3 Jun 2026
IDFC Dynamic Bond Fund -PLAN B DIVIDEND	IDFC	₹13.2827	3 Jun 2026
Reliance NRI Income Fund-Dividend Plan-Dividend Option	Reliance	₹25.8725	3 Jun 2026
Union Dynamic Bond Fund - IDCW Option	Union	₹15.3281	3 Jun 2026

Recent NAVs

Date	NAV
5 Mar 2021	₹1,075.7507
4 Mar 2021	₹1,077.1269
3 Mar 2021	₹1,076.5643
2 Mar 2021	₹1,077.1583
1 Mar 2021	₹1,076.8511
26 Feb 2021	₹1,081.3416
25 Feb 2021	₹1,082.4594
24 Feb 2021	₹1,082.9382
23 Feb 2021	₹1,083.1808
22 Feb 2021	₹1,082.8034

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 - Dividend Option - Monthly is ₹1,075.7507. It's a Dynamic Bond Fund from PGIM India, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Dynamic Bond Fund - Dividend Option - Monthly has NAV history starting from 16 Jan 2012, a track record of about 14 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 - Dividend Option - Monthly 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 - Dividend Option - Monthly has delivered a absolute return of -2.34% — -2.15 pp behind the Dynamic Bond Fund category average of -0.20%. The fund ranks #21 of 29 in its category — the third (Q3) quartile.

Over the trailing 3-year window, PGIM India Dynamic Bond Fund - Dividend Option - Monthly has delivered a CAGR of 2.29% — -2.31 pp behind the Dynamic Bond Fund category average of 4.61%. The fund ranks #19 of 28 in its category — the third (Q3) quartile.

Over the trailing 5-year window, PGIM India Dynamic Bond Fund - Dividend Option - Monthly has delivered a CAGR of 1.59% — -2.33 pp behind the Dynamic Bond Fund category average of 3.92%. The fund ranks #18 of 27 in its category — the third (Q3) quartile.

₹1 lakh invested in PGIM India Dynamic Bond Fund - Dividend Option - Monthly exactly 5 years ago would be worth approximately ₹108,190 today — a multiplier of 1.08×, based on the 5-year CAGR of 1.59%. The category average over the same window would have grown ₹1 lakh to ₹121,198.

A ₹10,000 monthly SIP in PGIM India Dynamic Bond Fund - Dividend Option - Monthly over the last 5 years — total invested ₹600,000 — would be worth ₹612,777 today. That's an XIRR (money-weighted annualised return) of 0.83%.

PGIM India Dynamic Bond Fund - Dividend Option - Monthly doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹870,161 — XIRR 1.00%.

On a 5-year basis, PGIM India Dynamic Bond Fund - Dividend Option - Monthly ranks #18 out of 27 funds in the Dynamic Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 3.92%; this fund delivered 1.59%.

The worst peak-to-trough decline PGIM India Dynamic Bond Fund - Dividend Option - Monthly has experienced over the last 5-year window is 9.66% — its NAV fell from a high on 24 Nov 2016 to a low on 07 Jun 2018. 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 - Dividend Option - Monthly averaged 1.15% (best 2.18%, worst -0.48%). 96% of rolling windows ended positive. The 5-year Sharpe ratio is -1.11 — negative risk-adjusted performance.

In calendar year 2020, PGIM India Dynamic Bond Fund - Dividend Option - Monthly returned 2.18% — lagging the Dynamic Bond Fund category average of 4.46% by 2.27 pp. It ranked #16 of 27 in its category that year.

PGIM India Dynamic Bond Fund - Dividend Option - Monthly 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 - Dividend Option - Monthly 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: 9.7%. 5-year CAGR: 1.59%.

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