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PGIM India Ultra Short Duration Fund: NAV, Returns & Investment Guide 2025

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Complete guide to PGIM India Ultra Short Duration Fund - check latest NAV, returns, investment objective, fund managers, expense ratio and how to invest. Updated 2025.

Investment Objective and Approach

PGIM India Ultra Short Duration Fund seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments, aiming to provide liquidity and generate returns by investing in a mix of short term debt and money market instruments.

This is an open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months, representing a relatively low interest rate risk and moderate credit risk scheme. The fund strategy focuses on constructing fixed income portfolios that align with maintaining portfolio duration within the prescribed range.

The fund falls under the ultra-short duration category, which means it predominantly invests in bonds maturing within three to six months. This positioning allows it to offer slightly better returns compared to liquid funds while maintaining lower interest rate sensitivity than longer duration funds.

Key investment features:

- Duration Strategy: Maintains Macaulay duration between 3-6 months

- Asset Focus: Primarily debt and money market instruments

- Risk Profile: Low to moderate interest rate risk with moderate credit risk

- Liquidity Focus: Designed for higher liquidity compared to longer duration funds

Fund Managers

The fund is managed by experienced professionals with deep expertise in fixed income markets:

Kumaresh Ramakrishnan - He has over two decades of experience in fund management of fixed income securities. He holds an MBA (MMS) and Bachelor of Engineering degree from Mumbai University and has more than 22 years of experience as a fund manager and analyst. Before joining PGIM, Mr Ramakrishnan was the Head – Fixed Income at Deutsche AMC and also worked with Societe Generale and CARE. Mr Ramakrishnan manages around 11 debt funds at PGIM, including Overnight Fund, Low Duration Fund, Insta Cash Fund, Ultra Short Term Fund, and several others.

Kunal Jain - Kunal Jain serves as co-fund manager alongside Kumaresh Ramakrishnan for the PGIM India Ultra Short Duration Direct Growth fund.

The fund management team brings extensive experience across different market cycles and has expertise in managing short-term debt instruments and money market securities.

About the Fund House (AMC)

PGIM India Mutual Fund is a fully owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). PGIM operates across 16 countries and has 38 offices with over 1,300+ investment professionals.

PGIM India Mutual Fund (earlier known as DHFL Pramerica Mutual Fund) is a fully owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). With its operations present in the US, Asia, Europe and Latin America, PFI has provided customers an array of products and services, which includes services like life insurance, annuities, mutual funds, investment management and retirement-related services.

PGIM is the global investment management business of PFI. PFI, short for Prudential Financial Inc, is one of the top 10 investment managers with over USD 1.4 trillion in asset under management (AUM).

The fund house has established a strong presence in India with operations across multiple cities and offers a comprehensive range of equity and debt-oriented funds. The backing of a global investment management firm provides institutional strength and access to international best practices in fund management.

Should I Invest in PGIM India Ultra Short Duration Fund?

This fund may be suitable for investors who:

Ideal for:

- Seek better returns than liquid funds with slightly higher risk tolerance

- Have surplus funds not needed for 6 months to 1.5 years

- Want to park emergency funds with reasonable liquidity

- Prefer lower interest rate sensitivity compared to longer duration funds

- Looking for short-term parking of funds between investments

Key Considerations:

- Returns: Over the past five years, PGIM India Ultra Short Duration Fund has delivered an annualised return of 5.35% as of 07-Jun-2025.

- AUM: The fund currently has an Asset Under Management(AUM) of ₹24,681 Cr and the Latest NAV as of 13 Jun 2025 is ₹35.55.

- Expense Ratio: The expense ratio of PGIM India Ultra Short Duration Fund - Direct Plan is 0.31.

- Minimum Investment: The minimum investment required to start investing in PGIM India Ultra Short Duration Fund is ₹5,000 for the lump sum option and ₹1,000 for the SIP option.

Risk Factors:

- Not suitable for very conservative investors who prioritize capital safety above returns

- Interest rate movements can impact returns, though less than longer duration funds

- Credit risk exists from underlying debt instruments

- Returns are not guaranteed and can be volatile in short periods

The fund is positioned for investors seeking a balance between liquidity, moderate returns, and controlled interest rate risk.

FAQs

What is today's NAV of PGIM India Ultra Short Duration Fund?

The NAV changes daily based on market conditions. You can check the latest NAV on the official PGIM India website or financial platforms like Allvest for real-time updates.

What is the AUM of PGIM India Ultra Short Duration Fund?

The fund currently has an Asset Under Management(AUM) of ₹24,681 Cr as of 13 Jun 2025. AUM figures are updated monthly by the fund house.

What is the expense ratio of PGIM India Ultra Short Duration Fund?

The expense ratio of PGIM India Ultra Short Duration Fund - Direct Plan is 0.31, while the regular plan has a higher expense ratio due to distributor commissions.

What are the returns of PGIM India Ultra Short Duration Fund since inception?

The fund has delivered 7.99% returns since inception, though past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in PGIM India Ultra Short Duration Fund?

The minimum SIP amount is ₹1,000 and minimum lumpsum investment is ₹5,000.

How do I invest in PGIM India Ultra Short Duration Fund?

You can invest through Allvest platform, directly through PGIM India website, or via registered mutual fund distributors. Online investment through platforms like Allvest offers convenience and direct plan access.

How to start a SIP in PGIM India Ultra Short Duration Fund?

Log into your Allvest account, search for the fund, select SIP option, choose amount and date, set up auto-debit, and confirm your investment to start systematic investing.

How do I automate an SIP in PGIM India Ultra Short Duration Fund?

After setting up your SIP through Allvest, enable auto-debit authorization for your bank account. This ensures automatic monthly deductions without manual intervention.

How can I withdraw/redeem my investment in PGIM India Ultra Short Duration Fund?

You can redeem your investment online through Allvest platform or the fund house website. Redemption requests are typically processed within 1-3 business days with no exit load.