Principal Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Gurvinder Singh Wasan is the Current Fund Manager of Principal Corporate Bond Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹18 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 2000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days.
The scheme aims to generate regular income through investments in fixed income securities so as to make periodical income distribution to the unitholders and also to generate long-term capital appreciation by investing a portion of the schemes assets in equity and equity related instruments
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days