Principal Corporate Bond Fund Growth+0.01%

2Groww
7.98%
1 Year Return
Debt
Corporate Bond
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Corporate Bond Fund Growth

RiskModerate
Min SIP Amount₹2000
Expense Ratio0.84%
NAV31.70 (29 May 2019)
Fund Started30 Dec 2003
Fund Size18 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Corporate Bond Fund Growth
8.0%
6.0%
6.9%
7.8%
Category Average
6.1%
5.3%
7.0%
-
Rank within category
13
15
11
-
*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 8.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    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. Risk is higher compared to the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    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

    Other Details

    Principal Corporate Bond Fund Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 30 Dec 2003. Gurvinder Singh Wasan is the Current Fund Manager of Principal Corporate Bond Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 29 May 2019 is ₹31.70.

    The Principal Corporate Bond Fund Growth is rated Moderate risk. Minimum SIP Investment is 2000. Exit load of 1% if redeemed within 365 days.

    Investment Objective

    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

    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
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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