Principal Corporate Bond Fund Direct IDCW Monthly

Principal Corporate Bond Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Gurvinder Singh Wasan is the Current Fund Manager of Principal Corporate Bond Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹67,443 Cr and the Latest NAV as of 29 May 2019 is ₹32.02. The Principal Corporate Bond Fund Direct IDCW Monthly is rated Moderate risk. Exit load of 1% if redeemed within 365 days ;

Investment Objective

The fund seeks to generate steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities and ratings while maintaining the optimum balance of yield, safety and liquidity. ;