Fund Details
PGIM India Premier Bond Direct Plan Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.16% |
| NAV | ₹36.24 (25 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹83 Cr |
Returns
Comparison
1. Lower expense ratio - 0.14%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 12.7% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.2% |
| Reliance Industries Ltd. | Energy | Debenture | 5.6% |
| Britannia Industries Ltd. | FMCG | NCD | 5.4% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 5.0% |
| Fullerton India Credit Corporation Ltd. | Financial | Debenture | 5.0% |
| REC Ltd. | Financial | Debenture | 5.0% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 4.4% |
| National Housing Bank | Financial | Debenture | 3.9% |
Fund Managers
PGIM India Premier Bond Direct Plan Growth Details
PGIM India Premier Bond Direct Plan Growth is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Puneet Pal, Rakesh Suri is the Current Fund Manager of PGIM India Premier Bond Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹83 Cr and the Latest NAV as of 25 Jan 2021 is ₹36.24.
The PGIM India Premier Bond Direct Plan Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
