PGIM India Ultra Short Duration Fund - Monthly Dividend

PGIM India Ultra Short Duration Fund - Monthly Dividend is a scheme launched by PGIM Mutual Fund on July 24, 2012, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 202.36 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.92% for managing the portfolio.

• Investing Strategy:

  To provide liquidity and seek to generate returns by investing in a mix of short term debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

• Performance:

  PGIM India Ultra Short Duration Fund - Monthly Dividend trailing returns over different times are 6.85% (1 year), 6.01% (3 year) and 3.31% (5 year). The average annual return of this fund stands at 4.74%.