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 - 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 - Quarterly Dividend

Latest NAV

₹11.5762

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	+0.14%	+0.01%	+0.13	2 / 41	Q1
1W	+0.43%	+0.13%	+0.30	2 / 41	Q1
2W	+0.93%	+0.13%	+0.80	2 / 40	Q1
1M	+0.49%	+0.20%	+0.29	5 / 40	Q1
3M	+3.85%	+0.76%	+3.09	3 / 41	Q1
6M	+3.17%	+1.24%	+1.93	6 / 41	Q1
YTD	+3.89%	+1.17%	+2.72	4 / 41	Q1
1Y	+3.99%	-6.85%	+10.84	15 / 45	Q2
2Y	+1.90%	-7.29%	+9.19	14 / 43	Q2
3Y	+1.29%	+1.84%	-0.54	12 / 36	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+1.07%	-7.05%	+8.12	15 / 45	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	+3.89%	+1.34%	+2.54	7 / 35
2018	+0.75%	+2.74%	-1.99	14 / 27
2017	-0.19%	+2.51%	-2.71	24 / 26
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%

50% positive

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

3-Year rolling

+0.69%

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

3.01%

3-year · annualised

Sharpe ratio

-1.72

vs risk-free 6.5%

Sortino ratio

-2.42

Downside-only deviation

Max drawdown

-2.21%

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 - Daily IDCW Option	HDFC	₹10.1030	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
MAGNUM INSTA CASH FUND - DAILY DIVIDEND	SBI	₹2,371.0627	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Daily IDCW	ICICI Prudential	₹10.0696	3 Jun 2026
Franklin India Ultra Short Duration Fund - IDCW	Franklin India	₹10.6803	3 Jun 2026
Kotak Floater Long-Term-Growth	Kotak Mahindra	₹45.1033	3 Jun 2026
UTI - FLOATING RATE STP - INSTN GROWTH OPTION	UTI	₹3,193.4301	3 Jun 2026
PGIM India Ultra Short Duration Fund - Daily Dividend	PGIM India	₹10.0203	3 Jun 2026
Birla Sun Life Savings Fund - Discipline Advantage Plan	Birla Sun Life	₹330.9646	3 Jun 2026
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) - Income Distribution CUM Capital Withdrawal Option (IDCW)	Sundaram	₹1,066.5205	3 Jun 2026

Recent NAVs

Date	NAV
28 Jul 2019	₹11.5762
26 Jul 2019	₹11.5595
25 Jul 2019	₹11.5506
24 Jul 2019	₹11.5425
23 Jul 2019	₹11.5341
22 Jul 2019	₹11.5261
19 Jul 2019	₹11.5018
18 Jul 2019	₹11.4937
17 Jul 2019	₹11.4856
16 Jul 2019	₹11.4776

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 - Quarterly Dividend is ₹11.5762. It's a Ultra Short Duration Fund from PGIM India, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Ultra Short Term Fund - 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 - 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 - Quarterly Dividend has delivered a absolute return of 3.99% — +10.84 pp ahead of the Ultra Short Duration Fund category average of -6.85%. The fund ranks #15 of 45 in its category — the second (Q2) quartile.

Over the trailing 3-year window, PGIM India Ultra Short Term Fund - Quarterly Dividend has delivered a CAGR of 1.29% — -0.54 pp behind the Ultra Short Duration Fund category average of 1.84%. The fund ranks #12 of 36 in its category — the second (Q2) quartile.

PGIM India Ultra Short Term Fund - 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 - Quarterly Dividend exactly 3 years ago would be worth approximately ₹103,932 today — a multiplier of 1.04×, based on the 3-year CAGR of 1.29%. The category average over the same window would have grown ₹1 lakh to ₹105,614.

A ₹10,000 monthly SIP in PGIM India Ultra Short Term Fund - Quarterly Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹372,159 today. That's an XIRR (money-weighted annualised return) of 2.17%.

PGIM India Ultra Short Term Fund - 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 ₹372,159 — XIRR 2.17%.

On a 3-year basis, PGIM India Ultra Short Term Fund - Quarterly Dividend ranks #12 out of 36 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 1.84%; this fund delivered 1.29%.

The worst peak-to-trough decline PGIM India Ultra Short Term Fund - Quarterly Dividend has experienced over the last 3-year window is 2.21% — 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 - Quarterly Dividend averaged 0.69% (best 1.41%, worst -0.01%). 80% of rolling windows ended positive. The 3-year Sharpe ratio is -1.72 — negative risk-adjusted performance.

In calendar year 2018, PGIM India Ultra Short Term Fund - Quarterly Dividend returned 0.75% — lagging the Ultra Short Duration Fund category average of 2.74% by 1.99 pp. It ranked #14 of 27 in its category that year.

PGIM India Ultra Short Term Fund - 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 - 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.