JioBlackRock Short Term Fund vs PGIM India Dynamic Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Short Term Fund is a Short Duration fund and PGIM India Dynamic Term Fund is a Dynamic Bond fund. JioBlackRock Short Term Fund charges 0.35% a year and PGIM India Dynamic Term Fund 0.49% (Direct plans). Their portfolios overlap 18.2%: they hold 3 of the same securities.
JioBlackRock Short Term Fund
Short Duration
- Expense ratio
- 0.35%
- NAV
- ₹1,038.89
PGIM India Dynamic Term Fund
Dynamic Bond
- Expense ratio
- 0.49%
- NAV
- ₹3,095.43
Which is better, JioBlackRock Short Term or PGIM India Dynamic Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Short Term costs less: 0.35% a year against 0.49% (Direct plans).
- JioBlackRock Short Term fell less in its worst fall since 22-01-2026: −0.3% against −1.5%.
- JioBlackRock Short Term is the larger fund: ₹113 Cr against ₹78 Cr.
- Their portfolios overlap 18.2%: 3 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | JioBlackRock Short Term Fund | PGIM India Dynamic Term Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | PGIM India Mutual Fund |
| Category | Short Duration | Dynamic Bond |
| AUM | ₹113 Cr (30-09-2026) | ₹78 Cr (30-09-2026) |
| NAV | ₹1,038.89 (Direct) | ₹3,095.43 (Direct) |
| Expense ratio (Direct) | 0.35% | 0.49% |
| Expense ratio (Regular) | 0.99% | 1.68% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | NIFTY Short Duration Debt Index A-II | CRISIL Dynamic Bond A-III Index |
| Launch date | 19-01-2026 | 12-01-2012 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Arun Ramachandran, Vikrant Mehta, Siddharth Deb | Puneet Pal, and Mr. Akhil Dhar |
| Exit load | NIL | NIL |
JioBlackRock Short Term vs PGIM India Dynamic Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| JioBlackRock Short Term Fund (Direct) | −0.05% | +0.55% | +2.51% | -- | -- | -- | -- |
| PGIM India Dynamic Term Fund (Direct) | −0.28% | −0.62% | +1.62% | +2.22% | +6.79% | +5.98% | +7.20% |
| Short Duration average | −0.14% | +0.30% | +2.50% | -- | -- | -- | -- |
| Dynamic Bond average | −0.48% | −0.66% | +1.80% | +3.05% | +6.70% | +5.98% | +6.68% |
Category average: the average of the 25 Short Duration funds and the 22 Dynamic Bond funds, same plan type.
JioBlackRock Short Term vs PGIM India Dynamic Term: Year-wise Returns
| Year | JioBlackRock ShortJioBlackRock Short Term | PGIM India DynamicPGIM India Dynamic Term |
|---|---|---|
| 2026to date | -- | +1.73% |
| 2025 | -- | +6.51% |
| 2024 | -- | +10.38% |
| 2023 | -- | +7.47% |
| 2022 | -- | +3.62% |
| 2021 | -- | +3.59% |
JioBlackRock Short Term vs PGIM India Dynamic Term: Rolling Returns
Every holding period of both funds
JioBlackRock Short Term vs PGIM India Dynamic Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Short Term Fund (Direct) | PGIM India Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.90% | +7.81% |
| Standard deviation | 1.00% | 2.71% |
| Sharpe ratio | -0.31 | 0.65 |
| Sortino ratio | -0.45 | 0.95 |
| Maximum drawdown | −0.3% (23-10-2026) | −4.1% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-01-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
JioBlackRock Short Term Fund (Direct)
PGIM India Dynamic Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Short Term Fund (Direct) | −0.3% | 22-09-2026 | 23-10-2026 | Not yet | -- | −0.2% |
| PGIM India Dynamic Term Fund (Direct) | −1.5% | 14-08-2026 | 23-10-2026 | Not yet | -- | −1.2% |
From daily values since 22-01-2026, the first day every fund has.
JioBlackRock Short Term vs PGIM India Dynamic Term: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Short Term Fund, September 2026; PGIM India Dynamic Term Fund, September 2026
Holdings in common
- Overlap
- 18.2%
- Held by both
- 3
- Only in JioBlackRock Short Term
- 9
- Only in PGIM India Dynamic Term
- 12
| Security | % of JioBlackRock Short Term | % of PGIM India Dynamic Term |
|---|---|---|
| 6.94% GOI 2036 (11-MAY-2036) | 13.05% | 16.30% |
| Punjab National Bank (09-Mar-2027) | 8.59% | 4.95% |
| Corporate Debt Market Development Fund Class A2 | 0.21% | 0.52% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.2% means 18.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in JioBlackRock Short Term Fund
| Security | % of fund |
|---|---|
| 7.7% Small Industries Development Bank Of India (10-Oct-2029) | 8.80% |
| 6.95% REC Ltd (18-Feb-2028) | 8.76% |
| 6.68% LIC Housing Finance Ltd (04-Jun-2028) | 8.68% |
| Bajaj Finance Ltd (03-Feb-2027) | 8.63% |
| Bank of Baroda (05-Mar-2027) | 8.60% |
Largest holdings only in PGIM India Dynamic Term Fund
| Security | % of fund |
|---|---|
| 6.59% Power Finance Corporation Ltd. | 9.15% |
| 6.65% Indian Railway Finance Corporation Ltd. | 6.77% |
| Canara Bank | 6.24% |
| 6.7% REC Ltd. | 6.17% |
| 7.18% Government of India | 5.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Short Term | PGIM India Dynamic Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 92.6% | 62.9% |
| Cash and others | 7.4% | 37.1% |
JioBlackRock Short Term vs PGIM India Dynamic Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Short Term Fund | PGIM India Dynamic Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.35% | 0.49% |
| Base expense ratio (Direct) | 0.27% | 0.40% |
| Total expense ratio (Regular) | 0.99% | 1.68% |
| Base expense ratio (Regular) | 0.84% | 1.41% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare JioBlackRock Short Term with
JioBlackRock Short Term Fund vs PGIM India Dynamic Term Fund: Frequently Asked Questions
What is the difference between JioBlackRock Short Term Fund and PGIM India Dynamic Term Fund?
JioBlackRock Short Term Fund is a Short Duration fund, PGIM India Dynamic Term Fund is a Dynamic Bond fund, run by Jio BlackRock Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 18.2%. JioBlackRock Short Term Fund charges 0.35% a year and PGIM India Dynamic Term Fund 0.49%.
Which has the lower expense ratio, JioBlackRock Short Term Fund or PGIM India Dynamic Term Fund?
JioBlackRock Short Term Fund charges less: 0.35% a year against 0.49%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Short Term Fund and PGIM India Dynamic Term Fund overlap?
18.2%. They hold 3 of the same securities, the largest shared ones being 6.94% GOI 2036 (11-MAY-2036), Punjab National Bank (09-Mar-2027), Corporate Debt Market Development Fund Class A2. From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Short Term Fund or PGIM India Dynamic Term Fund?
On SEBI's riskometer, JioBlackRock Short Term Fund is rated Low to Moderate and PGIM India Dynamic Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 1.00% and 2.71% a year.
Can I invest in both JioBlackRock Short Term Fund and PGIM India Dynamic Term Fund?
Yes. 18.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages JioBlackRock Short Term Fund and PGIM India Dynamic Term Fund?
JioBlackRock Short Term Fund: Arun Ramachandran, Vikrant Mehta, Siddharth Deb. PGIM India Dynamic Term Fund: Puneet Pal, and Mr. Akhil Dhar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.