Should I invest in PGIM India Ultra Short Term Fund - Quarterly Dividend?

We don't give personal investment advice. PGIM India Ultra Short Term Fund - Direct Plan - Quarterly 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 Term Fund - Direct Plan - Quarterly Dividend

Latest NAV

₹11.2976

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%	+0.00%	+0.14	3 / 102	Q1
1W	+0.44%	-1.81%	+2.25	2 / 104	Q1
2W	+0.94%	+0.12%	+0.82	3 / 102	Q1
1M	+0.47%	+0.20%	+0.27	9 / 102	Q1
3M	+3.86%	+0.79%	+3.07	8 / 102	Q1
6M	+3.19%	+1.31%	+1.88	11 / 99	Q1
YTD	+3.92%	+1.32%	+2.60	10 / 100	Q1
1Y	+4.04%	-1.59%	+5.63	34 / 103	Q2
2Y	+1.90%	-1.79%	+3.69	31 / 99	Q2
3Y	+1.30%	+2.26%	-0.96	35 / 95	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+1.08%	-2.03%	+3.11	41 / 106	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
2019 YTD	+3.92%	+1.58%	+2.34	17 / 72
2018	+0.70%	+0.60%	+0.10	17 / 49
2017	-0.16%	+1.82%	-1.97	45 / 49
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

+0.36%

30 windows

min -0.3% · max 4.0%

53% positive

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

3-Year rolling

+0.70%

5 windows

min 0.0% · max 1.4%

80% 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

3.08%

3-year · annualised

Sharpe ratio

-1.67

vs risk-free 6.5%

Sortino ratio

-2.35

Downside-only deviation

Max drawdown

-2.23%

Mar 2019 → Apr 2019

% positive months

66.7%

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
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	HDFC	₹10.0920	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,399.9423	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.7924	3 Jun 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,168.5662	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0561	3 Jun 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.1187	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	3 Jun 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7529	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,398.5715	3 Jun 2026

Recent NAVs

Date	NAV
28 Jul 2019	₹11.2976
26 Jul 2019	₹11.2812
25 Jul 2019	₹11.2725
24 Jul 2019	₹11.2645
23 Jul 2019	₹11.2562
22 Jul 2019	₹11.2484
19 Jul 2019	₹11.2245
18 Jul 2019	₹11.2166
17 Jul 2019	₹11.2087
16 Jul 2019	₹11.2008

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 Term Fund - Direct Plan - Quarterly Dividend is ₹11.2976. It's a Ultra Short Duration Fund from PGIM India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Ultra Short Term Fund - Direct Plan - Quarterly 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 Term Fund - Direct Plan - Quarterly 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 Term Fund - Direct Plan - Quarterly Dividend has delivered a absolute return of 4.04% — +5.63 pp ahead of the Ultra Short Duration Fund category average of -1.59%. The fund ranks #34 of 103 in its category — the second (Q2) quartile.

Over the trailing 3-year window, PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend has delivered a CAGR of 1.30% — -0.96 pp behind the Ultra Short Duration Fund category average of 2.26%. The fund ranks #35 of 95 in its category — the second (Q2) quartile.

PGIM India Ultra Short Term Fund - Direct Plan - Quarterly 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 Term Fund - Direct Plan - Quarterly Dividend exactly 3 years ago would be worth approximately ₹103,947 today — a multiplier of 1.04×, based on the 3-year CAGR of 1.30%. The category average over the same window would have grown ₹1 lakh to ₹106,934.

A ₹10,000 monthly SIP in PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹372,115 today. That's an XIRR (money-weighted annualised return) of 2.16%.

PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹372,115 — XIRR 2.16%.

On a 3-year basis, PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend ranks #35 out of 95 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 2.26%; this fund delivered 1.30%.

The worst peak-to-trough decline PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend has experienced over the last 3-year window is 2.23% — its NAV fell from a high on 25 Mar 2019 to a low on 30 Apr 2019. 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 Term Fund - Direct Plan - Quarterly Dividend averaged 0.70% (best 1.43%, worst 0.00%). 80% of rolling windows ended positive. The 3-year Sharpe ratio is -1.67 — negative risk-adjusted performance.

In calendar year 2018, PGIM India Ultra Short Term Fund - Direct Plan - Quarterly Dividend returned 0.70% — beating the Ultra Short Duration Fund category average of 0.60% by 0.10 pp. It ranked #17 of 49 in its category that year.

PGIM India Ultra Short Term Fund - Direct Plan - Quarterly 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 Term Fund - Direct Plan - Quarterly 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.