PGIM India Gilt Direct Plan - Growth

Q: What are the returns of PGIM India Gilt Fund?

The PGIM India Gilt Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.04% since inception. PGIM India Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.39% 9.01% 6.86% 7.93% 8.04%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹33.1692+0.07% 1 day change	8.04% p.a.	#NA View Ranked Funds	₹115 Crs

Historical NAV & returns

NAV: ₹33.1692 as on Jun 05, 2025

This fund Category average

PGIM India Gilt Fund overview

Expense ratio	0.55% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹115 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	CRISIL Dynamic Gilt TRI
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 Gilt 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 Jun 06, 2025

Period	This fund	Category average
1 Month	0.68%	0.45%
3 Months	4.77%	4.73%
6 Months	6.05%	5.86%
1 Year	11.39%	10.95%
2 Years	9.62%	9.25%
3 Years	9.01%	9.1%
4 Years	7.21%	7.11%
5 Years	6.86%	6.61%
7 Years	8.21%	8.48%
10 Years	7.93%	8.33%

Asset allocationas on Dec 31, 2024

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 83.18%

Cash & Call Money 16.82%

Top Debt Holdings

GOI 80.74%

Others 10.19%

Allocation by Instruments

GOI Securities 80.74%

CBLO 10.19%

Net Receivables 6.63%

Central Government Loan 2.44%

Other Holdings

Others 6.63%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
PGIM India Gilt Fund	N.A.	₹115 Crs	12 yrs 5 m	0.55%
SBI Magnum Gilt Fund	N.A.	₹11,265 Crs	12 yrs 5 m	0.46%
DSP Gilt Fund	N.A.	₹1,782 Crs	12 yrs 5 m	0.57%
Axis Gilt Fund	N.A.	₹836 Crs	12 yrs 5 m	0.41%
LIC MF Gilt Fund	N.A.	₹87 Crs	12 yrs 5 m	0.75%

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Gilt Fund	0.68%	6.05%	11.39%	9.01%	6.86%	7.93%
SBI Magnum Gilt Fund	0.44%	6.07%	11.11%	9.54%	7.06%	8.93%
DSP Gilt Fund	0.28%	5.82%	11.49%	9.47%	7.03%	8.8%
Axis Gilt Fund	0.38%	6.06%	11.58%	9.19%	6.87%	8.22%
LIC MF Gilt Fund	0.16%	5.67%	10.62%	8.18%	6.19%	7.98%

Fund name	Std. deviation	Beta	Sharpe	Sortino
PGIM India Gilt Fund	2.31	0.73	1.01	1.87
SBI Magnum Gilt Fund	2.39	0.71	1.19	2.29
DSP Gilt Fund	2.88	0.9	0.96	1.9
Axis Gilt Fund	2.46	0.76	0.99	2.32
LIC MF Gilt Fund	2.56	0.78	0.63	1.25

View all Gilt funds

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

Alpha	-0.28 vs. 2.39 Underperformed at beating benchmark
Sharpe	1.01 vs. 2.7 Poor risk-adjusted returns
Beta	0.73 vs. 1.06 Less sensitive to market ups & downs
Standard deviation	2.31 vs. 1.92 More volatile performance

Compare PGIM India Gilt Fund in detail with

About this fund

About PGIM India Gilt Fund

PGIM India Gilt Direct Plan - Growth is a Gilt mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. PGIM India Gilt Direct Plan - Growth has ₹115 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 Gilt Direct Plan - Growth as of 05/06/2025 is ₹33.17. The fund has an expense ratio of 0.55%, which is close to what most other Gilt funds charge.

PGIM India Gilt Direct Plan - Growth returns of last 1-year are 11.60%. Since launch, it has delivered 8.04% average annual returns. The fund has doubled the money invested in it every 10 yrs.
PGIM India Gilt 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 average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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.

...

Fund AUM	₹115 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 aims to generate returns by investing in a portfolio of Central/State Government securities of various maturities.

PGIM India Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹24,165 Crs as on Mar 31, 2025
Address	204, 2nd Floor, Jalaram Business Centre, Ganjawala Lane Near Chamunda Circle, Borivali (W) Mumbai, 400092
Phone	022-61593000 / 1800-266-2667

More funds from PGIM India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
PGIM India Dynamic Bond Fund	N.A.	₹108 Crs	11.62%	9.01%
PGIM India Corporate Bond Fund	N.A.	₹95 Crs	10.5%	8.04%
PGIM India Money Market Fund	N.A.	₹174 Crs	8.1%	7.4%
PGIM India Ultra Short Duration Fund	N.A.	₹231 Crs	7.74%	7.2%
PGIM India Liquid Fund	N.A.	₹437 Crs	7.34%	7.04%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of PGIM India Gilt Fund?

The current Net Asset Value (NAV) of the PGIM India Gilt Fund - Direct Growth plan is approximately ₹33.1692 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The PGIM India Gilt Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.04% since inception.

PGIM India Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.39%	9.01%	6.86%	7.93%	8.04%

How much does this mutual fund charge as expense ratio?

The PGIM India Gilt Fund - Direct Growth has an expense ratio of 0.55%, 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 Gilt Fund currently has assets under management (AUM) or fund size valued at approximately ₹115 Crs crore as of Mar 31, 2025.

To whom does PGIM India Gilt Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	80.74%
Others	10.19%

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 Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	83.18%
Cash & Call Money	16.82%

What is risk level of PGIM India Gilt Fund?

This is a Gilt 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 Gilt 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 Gilt 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 Gilt Fund is complete.

How can I redeem my investments in PGIM India Gilt Fund?

Redeeming your investments in PGIM India Gilt 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 Gilt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Gilt

#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 Gilt funds in the last 5 Years.
Chance: This fund has generated a 7.05% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.