Fund Details
PGIM India Premier Bond Direct Plan Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.13% |
| NAV | ₹37.28 (23 Jul 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹81 Cr |
Returns
Comparison
1. Lower expense ratio - 0.13%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Housing Finance Ltd. | Financial | Debenture | 8.0% |
| Power Grid Corporation of India Ltd. | Energy | Bonds/NCD | 7.3% |
| National Highways Authority of India Ltd. | Services | Bonds | 6.3% |
| GOI | Sovereign | GOI Sec | 6.1% |
| Britannia Industries Ltd. | FMCG | NCD | 5.4% |
| Fullerton India Credit Corporation Ltd. | Financial | Debenture | 5.1% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 5.0% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 4.8% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 4.4% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.3% |
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 ₹81 Cr and the Latest NAV as of 23 Jul 2021 is ₹37.28.
The PGIM India Premier Bond Direct Plan Growth is rated Low to 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.
