Size of the corpus (AUM), credible name and quality of holdings are some of the most critical criteria while selecting a debt-based mutual fund scheme. The current AUM of this scheme is only Rs 150cr and was launched by DHFL Pramerica Mutual Fund. Moreover, the scheme has been underperformer owing to its exposure in the debt papers issued by companies that have defaulted on their debt obligations. Therefore, we recommend to EXIT from this scheme.

Scheme Name

AUM (Rs cr)

1Y

3Y

5Y

PGIM India Low Duration Fund(G)

150

-9.2

1.3

4.4