|Min SIP Amount||Not Supported|
|NAV||₹32.02 (29 May 2019)|
|Fund Started||01 Jan 2013|
|Fund Size||₹18 Cr|
|National Bank For Agriculture & Rural Development||Financial||Bonds/Deb||11.0%|
|HDFC Bank Ltd.||Financial||Bonds||8.7%|
|Reliance Jio Infocomm Ltd.||Communication||Debenture||8.2%|
|Power Finance Corpn. Ltd.||Financial||Debenture||8.2%|
|Reliance Industries Ltd.||Energy||NCD||8.0%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||5.6%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||5.6%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||5.6%|
|Bharat Petroleum Corpn. Ltd.||Energy||Debenture||5.5%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||5.5%|
Principal Corporate Bond Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. 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 ₹18 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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.