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
₹39.32
0.00%
NAV as on 02 Oct 23, 12:00 AM
low to moderate risk
short duration
debt
NAV as on 02 Oct 23, 12:00 AM
low to moderate risk
short duration
debt
6.08%p.a.
Last 1Y
4.22%p.a.
Last 3Y
4.02%p.a.
Last 5Y
6.84%p.a.
Since Inception
About PGIM India Short Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the PGIM India Short Duration Fund Growth scheme from PGIM India Asset Management Private Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Jan 2003, PGIM India Short Duration Fund Growth is Short Duration fund of its category with 27.94 Cr fund under management as on Sep 2023. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
- PGIM India Short Duration Fund Growth delivered 6.1% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- PGIM India Short 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 investment objective of the Scheme is to seek to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities.
Top 9 Holdings
5.74% Govt Stock 2026
30.92%
5.22% Govt Stock 2025
13.88%
Power Finance Corporation Ltd.
7.63%
Bajaj Housing Finance Limited
5.38%
364 DTB 22032024
5.18%
Housing And Urban Development Corporation Ltd.
4.28%
5.63% Govt Stock 2026
1.73%
7.38% Govt Stock 2027
1.68%
7.17% Govt Stock 2028
0.36%
Fund Managers
- Bhupesh Kalyani (Sep 2022 - Present)
- Puneet Pal (Dec 2017 - Present)
Key Information
View Scheme Document
PGIM India Short 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 Short 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 Short 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 Short 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
SBI Short Term Debt Fund Retail Plan Growth
low to moderate risk | debt
5.7%
SBI Short Term Debt Fund Growth
low to moderate risk | debt
5.7%
DSP Short Term Fund Plan Growth
low to moderate risk | debt
5.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved