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Principal Corporate Bond Fund Direct Growth
Debt
Corporate Bond
Moderate Risk
+7.04%
3Y annualised
+0.01% 1D
NAV: 29 May '19
₹33.50
Min. SIP amount
Not Supported
Fund size
₹18.01 Cr
Expense ratio
0.46%
Holdings (17)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Bonds/Deb | 11.11% |
| National Housing Bank | Financial | Debenture | 10.57% |
| HDFC Bank Ltd. | Financial | Bonds | 8.78% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 8.22% |
| Reliance Industries Ltd. | Energy | NCD | 8.03% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 5.59% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 5.58% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.56% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.55% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.55% |
| Bharat Petroleum Corpn. Ltd. | Energy | Debenture | 5.52% |
| Dewan Housing Finance Corpn. Ltd. | Financial | Debenture | 5.44% |
| ICICI Bank Ltd. | Financial | Debenture | 2.72% |
| Piramal Enterprises Ltd. | Healthcare | Bonds | 1.66% |
| Dewan Housing Finance Corpn. Ltd. | Financial | Debenture | 0.54% |
| Reserve Bank of India | Financial | T-Bills | 0.22% |
| Reserve Bank of India | Financial | T-Bills | 0.11% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +8.8% | +7.0% | +7.9% | +7.8% |
| Category average (Debt Corporate Bond) | +7.6% | +7.5% | +5.8% | -- |
| Rank (Debt Corporate Bond) | 13 | 15 | 12 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 365 days
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Franklin India Corporate Debt Fund Direct Growth | +9.21% | +8.14% | 1,338.11 | |
Axis Corporate Bond Fund Direct Growth | +7.89% | +8.00% | 9,435.82 | |
Nippon India Corporate Bond Fund Direct Growth | +7.52% | +7.91% | 10,430.66 | |
ICICI Prudential Corporate Bond Fund Direct Plan Growth | +7.66% | +7.90% | 33,871.47 | |
Kotak Corporate Bond Fund Direct Growth | +7.53% | +7.81% | 18,840.52 | |
| Compare | ||||
About Principal Corporate Bond Fund Direct Growth
Principal Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹76,137 Cr and the Latest NAV as of 29 May 2019 is ₹33.50.
The Principal Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹2,000. 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.
Fund benchmarkCRISIL Short-Term Bond Index
Fund house
Rank (total assets)#17 in India
Total AUM₹76,136.70 Cr
Date of Incorporation26 Feb 1996
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,