PGIM India Dynamic Bond Direct Plan-Growth

Q: What are the returns of PGIM India Dynamic Bond Fund?

The PGIM India Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.54% since inception. PGIM India Dynamic Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 12.89% 8.78% 7.25% 8.41% 8.54%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹3003.7163+0.05% 1 day change	8.54% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹3003.7163 as on Apr 23, 2025

This fund Category average

PGIM India Dynamic Bond Fund overview

VRO rating	4
Expense ratio	0.35% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹103 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	CRISIL Dynamic Bond A-III Index
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

PGIM India Dynamic Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.9%	2.71%
3 months	4.65%	4.19%
6 months	6.25%	5.82%
1 year	12.89%	11.96%
3 years	8.78%	8.48%
5 years	7.25%	7.22%
7 years	8.26%	7.82%
10 years	8.41%	7.85%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 83.33%

AAA 9.81%

Cash & Call Money 5.14%

A1+ 1.36%

Top Debt Holdings

GOI 83.33%

REC Ltd. 5.9%

Others 2.28%

National Bank For Agriculture & Rural Development 1.48%

Allocation by Instruments

GOI Securities 83.33%

Non Convertible Debenture 5.9%

Net Receivables 2.86%

CBLO 2.28%

Other Holdings

Others 0.36%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
PGIM India Dynamic Bond Fund	N.A.	₹103 Crs	12 yrs 3 m	0.35%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,363 Crs	12 yrs 3 m	0.59%
JM Dynamic Bond Fund	N.A.	₹45 Crs	12 yrs 3 m	0.52%
360 ONE Dynamic Bond Fund	N.A.	₹724 Crs	11 yrs 10 m	0.27%
Groww Dynamic Bond Fund	N.A.	₹62 Crs	6 yrs 5 m	0.4518%

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Dynamic Bond Fund	2.9%	6.25%	12.89%	8.78%	7.25%	8.41%
ICICI Prudential All Seasons Bond Fund	2.07%	5.79%	11.24%	8.81%	8.05%	8.9%
JM Dynamic Bond Fund	2.82%	6.35%	11.86%	7.91%	6.96%	7.5%
360 ONE Dynamic Bond Fund	2.29%	5.43%	11.23%	7.88%	7.43%	7.42%
Groww Dynamic Bond Fund	2.93%	5.9%	10.87%	7.3%	6.27%	4.42%

Fund name	Std. deviation	Beta	Sharpe	Sortino
PGIM India Dynamic Bond Fund	1.83	1.02	0.87	1.93
ICICI Prudential All Seasons Bond Fund	1.39	0.8	1.3	1.81
JM Dynamic Bond Fund	1.66	0.89	0.51	1.02
360 ONE Dynamic Bond Fund	1.85	1.1	0.45	0.68
Groww Dynamic Bond Fund	1.88	1.0	0.04	0.07

View all Dynamic Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.08 vs. 2.59 Underperformed at beating benchmark
Sharpe	0.87 vs. 2.7 Poor risk-adjusted returns
Beta	1.02 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	1.83 vs. 2.32 More stable returns

Compare PGIM India Dynamic Bond Fund in detail with

About this fund

About PGIM India Dynamic Bond Fund

PGIM India Dynamic Bond Direct Plan-Growth is a Dynamic Bond mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. PGIM India Dynamic Bond Direct Plan-Growth has ₹103 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of PGIM India Dynamic Bond Direct Plan-Growth as of 23/04/2025 is ₹3003.72. The fund has an expense ratio of 0.35%, which is less than what most other Dynamic Bond funds charge.

PGIM India Dynamic Bond Direct Plan-Growth returns of last 1-year are 12.84%. Since launch, it has delivered 8.54% average annual returns. The fund has doubled the money invested in it every 9 yrs.
PGIM India Dynamic Bond Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, REC Ltd., National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., Punjab National Bank.

...

Fund AUM	₹103 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Puneet Pal

Mr. Pal is a B.Com (H) and MBA from SIBM Pune. Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Bhupesh Kalyani

Mr. Kalyani is a CA, ICWA and CISA. Prior to joining PGIM India Mutual Fund, he was associated with IDBI AMC, LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.

Investment objective

The Scheme seek to generate returns through active management of a portfolio of debt and money market instruments.

PGIM India Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹24,165 Crs as on Mar 31, 2025
Address	7th Floor, Radhe Empire, Chandavarkar Road Borivali (W), Mumbai Mumbai, 400092
Phone	+91 22 6159 5441 / 42

More funds from PGIM India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
PGIM India Gilt Fund	N.A.	₹116 Crs	12.88%	8.65%
PGIM India Corporate Bond Fund	N.A.	₹91 Crs	10.02%	7.46%
PGIM India Money Market Fund	N.A.	₹161 Crs	7.93%	7.19%
PGIM India Ultra Short Duration Fund	N.A.	₹204 Crs	7.68%	6.99%
PGIM India Liquid Fund	N.A.	₹366 Crs	7.42%	6.93%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of PGIM India Dynamic Bond Fund?

The current Net Asset Value (NAV) of the PGIM India Dynamic Bond Fund - Direct Growth plan is approximately ₹3003.7163 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The PGIM India Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.54% since inception.

PGIM India Dynamic Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
12.89%	8.78%	7.25%	8.41%	8.54%

How much does this mutual fund charge as expense ratio?

The PGIM India Dynamic Bond Fund - Direct Growth has an expense ratio of 0.35%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The PGIM India Dynamic Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹103 Crs crore as of Mar 31, 2025.

To whom does PGIM India Dynamic Bond Fund lend to?

The top 3 debt holdings of PGIM India Dynamic Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	83.33%
REC Ltd.	5.9%
Others	2.28%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The PGIM India Dynamic Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	83.33%
AAA	9.81%
Cash & Call Money	5.14%

What is risk level of PGIM India Dynamic Bond Fund?

This is a Dynamic Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in PGIM India Dynamic Bond Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for PGIM India Dynamic Bond Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in PGIM India Dynamic Bond Fund is complete.

How can I redeem my investments in PGIM India Dynamic Bond Fund?

Redeeming your investments in PGIM India Dynamic Bond Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in PGIM India Dynamic Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Dynamic Bond

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Dynamic Bond funds in the last 10 Years.
Chance: This fund has generated a 7.41% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.