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Home/Business/PGIM India Ultra Short Term Fund: Struct…

PGIM India Ultra Short Term Fund: Structure & Investor Terms

Business
By Business Desk•
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A digital dashboard screen showing a stable financial graph, investment icons, and the PGIM India logo, representing fund data.

PGIM India Ultra Short Term Fund dashboard displaying key financial metrics and investment options.

Key Highlights

Explore the PGIM India Ultra Short Term Fund: inception, 0% entry load, 3% exit load within 12 months, minimum investment, and NAV details.

The PGIM India Ultra Short Term Fund – Premium Plus Plan, established on December 10, 2011, outlines a clear operational framework for its investors. Classified as a Debt fund, its structure and management details provide insights into its market positioning and accessibility.

Key Financial Parameters

  • A significant feature is the 0% entry load, making initial investments more straightforward.
  • Conversely, an exit load of 3% is applied if units are redeemed within a 12-month period, influencing short-term liquidity decisions.
  • The fund mandates a minimum initial investment of ₹10,000.
  • For any subsequent investments, the minimum requirement is set at ₹1,000, facilitating incremental contributions.
  • Its (NAV) was recorded at 10.6388 as of December 18, 2012, providing a historical valuation point.

Investment Mechanism Availability

  • It is notable that a (SIP) is currently not available for this particular fund.
  • However, investors retain the flexibility to utilize a Systematic Transfer Plan (STP) for portfolio adjustments.
  • Furthermore, a Systematic Withdrawal Plan (SWP) is also offered, allowing for regular income distributions.

The fund’s management is a key aspect of its operational continuity, with Puneet Pal leading since July 2022. Looking ahead, Akhil Dhar is slated to join the management team in February 2026, indicating a planned succession or expansion in oversight. These elements collectively shape the fund’s offering within the ultra short-term debt segment.

Debt FundIndiaPGIM India