NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹26.03
0.06%
NAV as on 02 Oct 23, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 02 Oct 23, 12:00 AM
low to moderate risk
low duration
debt
6.30%p.a.
Last 1Y
4.46%p.a.
Last 3Y
1.28%p.a.
Last 5Y
6.06%p.a.
Since Inception
About PGIM India Low Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the PGIM India Low Duration Fund Growth scheme from PGIM India Asset Management Private Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Jun 2007, PGIM India Low Duration Fund Growth is Low Duration fund of its category with 93.31 Cr fund under management as on Sep 2023. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- PGIM India Low Duration Fund Growth delivered 6.3% annual returns during the last year. It has delivered 6.1% average annual returns since the fund was launched.
- PGIM India Low Duration Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The objective of the Scheme is to seek to generate income through investment primarily in low duration debt & money market securities. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Top 10 Holdings
364 DTB 26012024
10.45%
182 DTB 08022024
10.43%
7.38% Govt Stock 2027
5.39%
Shriram Transport Finance Company Limited
5.37%
182 DTB 22022024
5.20%
364 DTB 14032024
5.18%
182 DTB 25012024
4.18%
5.22% Govt Stock 2025
4.16%
364 DTB 28122023
2.10%
5.74% Govt Stock 2026
0.82%
Fund Managers
- Bhupesh Kalyani (Sep 2022 - Present)
- Puneet Pal (Jul 2022 - Present)
Key Information
View Scheme Document
PGIM India Low Duration Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on PGIM India Low Duration Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in PGIM India Low Duration Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in PGIM India Low Duration Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Nippon India Low Duration Fund Growth
low to moderate risk | debt
5.3%
Nippon India Low Duration Fund Retail Growth
low to moderate risk | debt
5.2%
Axis Treasury Advantage Growth
low to moderate risk | debt
5.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved