Principal Corporate Bond Fund Direct Growth+0.01%

8.83%
1 Year Return
Debt
Corporate Bond
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Corporate Bond Fund Direct Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.46%
NAV33.50 (29 May 2019)
Fund Started01 Jan 2013
Fund Size18 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Corporate Bond Fund Direct Growth
8.8%
7.0%
7.9%
7.8%
Category Average
9.9%
7.6%
7.7%
-
Rank within category
13
15
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.45906844%
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialBonds/Deb11.1%
    National Housing BankFinancialDebenture10.6%
    HDFC Bank Ltd.FinancialBonds8.8%
    Power Finance Corpn. Ltd.FinancialDebenture8.2%
    Reliance Industries Ltd.EnergyNCD8.0%
    Power Grid Corporation of India Ltd.EnergyBonds5.6%
    National Thermal Power Corp. Ltd.EnergyBonds5.6%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture5.6%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture5.5%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture5.5%
    See All

    Principal Corporate Bond Fund Direct Growth Details

    Principal Corporate Bond Fund Direct Growth 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 Growth fund.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 set to 2000. 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.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 1% if redeemed within 365 days
    Exit Load

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    About Principal Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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