Should I invest in PGIM India Ultra Short Duration Fund - Monthly Dividend?

We don't give personal investment advice. PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend 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.

PGIM India

PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend

Latest NAV

₹10.5275

As of

28 Jul 2019

821 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	+0.15%	-0.01%	+0.15	1 / 68	Q1
1W	-0.04%	+0.09%	-0.13	65 / 68	Q4
2W	+0.46%	+0.08%	+0.38	1 / 68	Q1
1M	+1.22%	+0.10%	+1.11	1 / 68	Q1
3M	+3.60%	+0.66%	+2.94	5 / 68	Q1
6M	+3.69%	+1.06%	+2.63	5 / 68	Q1
YTD	+3.92%	+1.03%	+2.89	5 / 68	Q1
1Y	+3.69%	+1.67%	+2.02	18 / 68	Q2
2Y	+1.06%	+1.71%	-0.64	23 / 68	Q2
3Y	+0.19%	+1.73%	-1.53	33 / 67	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.20%	+1.56%	-1.36	40 / 68	Q3

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
2019 YTD	+3.92%	+1.35%	+2.57	11 / 44
2018	-0.44%	-1.34%	+0.90	24 / 33
2017	-1.50%	+1.37%	-2.88	32 / 32
2016	—	—	—	—

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

-0.82%

30 windows

min -1.9% · max 3.7%

20% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-0.47%

5 windows

min -1.4% · max 0.2%

40% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

1.93%

3-year · annualised

Sharpe ratio

-3.26

vs risk-free 6.5%

Sortino ratio

-5.19

Downside-only deviation

Max drawdown

-3.81%

Jul 2016 → Oct 2018

% positive months

44.4%

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 Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
Invesco India Ultra Short Duration Fund - Regular Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,135.0363	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN DAILY IDCW	Bandhan	₹10.0519	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Regular - IDCW Daily Reinvestment	Motilal Oswal	₹11.4495	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Regular IDCW	Mirae Asset	₹1,380.3485	3 Jun 2026
DSP BlackRock Money Manager Fund - Regular Plan - Daily Dividend Reinvest	DSP BlackRock	₹1,005.4914	3 Jun 2026
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly	DSP	₹1,079.6373	3 Jun 2026
HSBC Ultra Short Duration Fund - Regular Daily IDCW	HSBC	₹1,031.7278	3 Jun 2026
Baroda BNP Paribas Ultra Short Duratio Fund- Regular Plan- Weekly IDCW	Baroda BNP Paribas	₹1,000.1417	3 Jun 2026
CANARA ROBECO ULTRA SHORT TERM FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹1,001.8780	3 Jun 2026
UTI Ultra Short Duration Fund - Regular Plan - Annual IDCW	UTI	₹1,458.4141	3 Jun 2026

Recent NAVs

Date	NAV
28 Jul 2019	₹10.5275
26 Jul 2019	₹10.5122
25 Jul 2019	₹10.5540
24 Jul 2019	₹10.5466
23 Jul 2019	₹10.5388
22 Jul 2019	₹10.5315
19 Jul 2019	₹10.5092
18 Jul 2019	₹10.5018
17 Jul 2019	₹10.4943
16 Jul 2019	₹10.4869

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 28 Jul 2019, the NAV of PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend is ₹10.5275. It's a Ultra Short Duration Fund from PGIM India, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend has NAV history starting from 08 Mar 2016, a track record of about 10 years 2 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 Ultra Short Duration Fund - Regular Plan - Monthly Dividend is managed by PGIM India. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend has delivered a absolute return of 3.69% — +2.02 pp ahead of the Ultra Short Duration Fund category average of 1.67%. The fund ranks #18 of 68 in its category — the second (Q2) quartile.

Over the trailing 3-year window, PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend has delivered a CAGR of 0.19% — -1.53 pp behind the Ultra Short Duration Fund category average of 1.73%. The fund ranks #33 of 67 in its category — the second (Q2) quartile.

PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend exactly 3 years ago would be worth approximately ₹100,578 today — a multiplier of 1.01×, based on the 3-year CAGR of 0.19%. The category average over the same window would have grown ₹1 lakh to ₹105,271.

A ₹10,000 monthly SIP in PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹370,039 today. That's an XIRR (money-weighted annualised return) of 1.79%.

PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹370,039 — XIRR 1.79%.

On a 3-year basis, PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend ranks #33 out of 67 funds in the Ultra Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.73%; this fund delivered 0.19%.

The worst peak-to-trough decline PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend has experienced over the last 3-year window is 3.81% — its NAV fell from a high on 29 Jul 2016 to a low on 29 Oct 2018. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend averaged -0.47% (best 0.19%, worst -1.38%). 40% of rolling windows ended positive. The 3-year Sharpe ratio is -3.26 — negative risk-adjusted performance.

In calendar year 2018, PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend returned -0.44% — beating the Ultra Short Duration Fund category average of -1.34% by 0.90 pp. It ranked #24 of 33 in its category that year.

PGIM India Ultra Short Duration Fund - Regular Plan - Monthly Dividend 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 Ultra Short Duration Fund - Regular Plan - Monthly Dividend 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.

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