This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+6.66% 3Y CAGR)NAV history
Scorecard
★☆☆☆☆1/5 vs 34 of 37 Gilt Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Gilt Fund (same plan and option). 34 of the 37 Gilt Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR -1.03% · ranks 31 of 37 Gilt Funds
Volatility 5.1% vs 4.6% category avg
0.5% expense vs 0.5% category avg
56% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Trails the Gilt Fund average on 3M/6M/1Y — 1Y by 5.31pp
- 3-year return (-1.03%) trails the Gilt Fund average (+3.06%)
- 5-year return (-1.20%) trails the Gilt Fund average (+2.49%)
- Ranks #33 of 37 on 1-year return in its Gilt Fund cohort
- More volatile than its Gilt Fund peers (5.1% vs 4.6%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Gilt Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Gilt Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.23% | -0.47% | +0.70% |
| 3M abs | -0.27% | +2.20% | -2.47% |
| 6M abs | -2.53% | +1.31% | -3.84% |
| 1Y CAGR | -3.03% | +2.28% | -5.31% |
| 3Y CAGR | -1.03% | +3.06% | -4.09% |
| 5Y CAGR | -1.20% | +2.49% | -3.69% |
Category average across peers in Gilt Fund (up to 37 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 37 peers in Gilt Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
114 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -9.4%30 Jun 2020 → 02 Apr 2026
Still below that high — 5.8 years down, and no recovery yet.
- -7.3%28 Mar 2016 → 30 Mar 2016
Fell over 2 days, back to the old high on 26 Sep 2016 — 6 months under water after the low.
- -5.6%20 Nov 2017 → 04 Oct 2018
Fell over 10 months, back to the old high on 31 May 2019 — 8 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | -2.90% | |
| 2025 | -1.30% | |
| 2024 | +0.23% | |
| 2023 | +0.84% | |
| 2022 | -2.76% | |
| 2021 | -2.51% | |
| 2020 | +4.75% | |
| 2019 | +3.64% | |
| 2018 | -0.20% | |
| 2017 | +2.55% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIDown +6% from its peak of ₹99.73Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into PGIM India Gilt Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
PGIM India in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
PGIM India Asset Management (AMC) announces transactions in Units through NCDEX Nidhi
Investment Guru · 2h ago
ETMarkets Smart Talk | Have ₹1 crore for 3 years? Puneet Pal’s fixed-income playbook
inkl · 3d ago
PGIM India Global Select Real Estate Securities Fund of Fund - Direct Plan
CNBC TV18 · 9d ago
PGIM India Large Cap Fund - Direct Plan
CNBC TV18 · 9d ago
PGIM India Arbitrage Fund - Direct Plan
CNBC TV18 · 9d ago
PGIM India Arbitrage Fund
CNBC TV18 · 10d ago
28 international funds stop existing SIPs amid overseas investment limits; Edelweiss' Radhika Gupta says ‘no choice’
livemint.com · 12d ago
PGIM India MF to suspend SIP, STP in overseas funds
BusinessLine · 13d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Gilt funds
Gilt funds lend only to the government, so they carry no credit risk. Their prices do move with interest rates, though — they can swing when rate expectations change.
Frequently asked questions
What is the NAV of PGIM India Gilt Fund?
As of 20 Aug 2026, the NAV of PGIM India Gilt Fund is ₹14.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has PGIM India Gilt Fund delivered?
PGIM India Gilt Fund has returned -3.03% over 1 year, -1.03% per year over 3 years, -1.20% per year over 5 years and +0.56% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of PGIM India Gilt Fund?
PGIM India Gilt Fund charges an expense ratio of 0.52% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of PGIM India Gilt Fund?
Its largest holdings are GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 (31.2%), GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 (24.7%), Others CBLO (12.3%), GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 (8.6%) and GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 (6.8%). Holdings are disclosed monthly and change over time.
How risky is PGIM India Gilt Fund?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 5.1% and its worst peak-to-trough fall in our sample was -9.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -1.47 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India Gilt Fund's -1.47 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of PGIM India Gilt Fund?
PGIM India Gilt Fund is benchmarked against the CRISIL Dynamic Gilt Index .. Its alpha and beta on this page are measured against that index.
Who manages PGIM India Gilt Fund?
PGIM India Gilt Fund is managed by Puneet Pal and Bhupesh Kalyani at PGIM India.
How is PGIM India Gilt Fund taxed?
PGIM India Gilt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.