How to Invest in Principal Corporate Bond Fund IDCW Monthly?

You can easily invest in Principal Corporate Bond Fund IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Principal Corporate Bond Fund IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Principal Corporate Bond Fund IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Principal Corporate Bond Fund IDCW Monthly provide?

The Principal Corporate Bond Fund IDCW Monthly has been there from 30 Dec 2003 and the average annual returns provided by this fund is 7.98% since its inception.

How much expense ratio is charged by Principal Corporate Bond Fund IDCW Monthly?

The term Expense Ratio used for Principal Corporate Bond Fund IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Principal Corporate Bond Fund IDCW Monthly is 0.84% as of 02 Oct 2023...

What is the AUM of Principal Corporate Bond Fund IDCW Monthly?

The AUM, short for Assets Under Management of Principal Corporate Bond Fund IDCW Monthly is ₹18.01Cr as of 02 Oct 2023.

How to Redeem Principal Corporate Bond Fund IDCW Monthly?

If you want to sell your Principal Corporate Bond Fund IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Principal Corporate Bond Fund IDCW Monthly?

You can select either SIP or Lumpsum investment of Principal Corporate Bond Fund IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Principal Corporate Bond Fund IDCW Monthly?

The NAV of Principal Corporate Bond Fund IDCW Monthly is ₹10.34 as of 29 May 2019.

What is the PE and PB ratio of Principal Corporate Bond Fund IDCW Monthly?

The PE ratio ratio of Principal Corporate Bond Fund IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Principal Corporate Bond Fund IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

Principal Corporate Bond Fund IDCW Monthly
Debt
Corporate Bond
Moderate Risk
Payout
6.05%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 29 May 2019₹10.34
Min. SIP amountNot Supported
Rating2
Fund size₹18.01Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.0%6.0%6.9%7.8%
Category average6.7%4.7%6.8%NA
Rank with in category131511NA
Understand terms
Holdings (17)NameSectorInstrumentAssets
National Bank For Agriculture & Rural Development
FinancialBonds/Deb11.1%
National Housing Bank
FinancialDebenture10.6%
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
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2019 - Present
0.84%
30 Apr 2019 - 30 Sep 2019
0.84%
31 Mar 2019 - 30 Apr 2019
0.73%
28 Feb 2019 - 31 Mar 2019
0.85%
31 Jan 2019 - 28 Feb 2019
0.85%
31 Dec 2018 - 31 Jan 2019
0.85%
30 Nov 2018 - 31 Dec 2018
1.44%
31 Oct 2018 - 30 Nov 2018
1.45%
30 Sep 2018 - 31 Oct 2018
1.55%
31 Aug 2018 - 30 Sep 2018
1.55%
31 Jul 2018 - 31 Aug 2018
1.55%
30 Jun 2018 - 31 Jul 2018
1.55%
31 May 2018 - 30 Jun 2018
1.51%
30 Apr 2018 - 31 May 2018
1.51%
31 Mar 2018 - 30 Apr 2018
1.55%
28 Feb 2018 - 31 Mar 2018
1.82%
31 Jan 2018 - 28 Feb 2018
1.83%
31 Dec 2017 - 31 Jan 2018
1.84%
30 Nov 2017 - 31 Dec 2017
1.84%
31 Oct 2017 - 30 Nov 2017
1.84%
Expense ratio, exit load and taxExpense ratio: 0.84%Inclusive of GST
Exit loadExit load of 1% if redeemed within 365 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementGurvinder Singh Wasan
Jan 2018 - Present
View details
Education
Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
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Fund house & investment objective
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹49,560.45Cr
Date of Incorporation26 Feb 1996
 Principal Corporate Bond Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Gurvinder Singh Wasan is the Current Fund Manager of Principal Corporate Bond Fund IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹49,560 Cr and the Latest NAV as of 29 May 2019 is ₹10.34.
The Principal Corporate Bond Fund IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to ₹2,000. Exit load of 1% if redeemed within 365 days
;
Investment ObjectiveThe 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
Scheme Information Document(SID)
Fund house contact details
Address
Sundaram Towers No. 46,,1st& 2nd Floor,Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Website
www.sundarammutual.com
Sundaram 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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Principal Corporate Bond Fund IDCW Monthly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	8.0%	6.0%	6.9%	7.8%
Category average	6.7%	4.7%	6.8%	NA
Rank with in category	13	15	11	NA

Name	Sector	Instrument	Assets
National Bank For Agriculture & Rural Development	Financial	Bonds/Deb	11.1%
National Housing Bank	Financial	Debenture	10.6%
HDFC Bank Ltd.	Financial	Bonds	8.8%
Power Finance Corpn. Ltd.	Financial	Debenture	8.2%
Reliance Industries Ltd.	Energy	NCD	8.0%
Power Grid Corporation of India Ltd.	Energy	Bonds	5.6%
National Thermal Power Corp. Ltd.	Energy	Bonds	5.6%
Indian Railway Finance Corpn. Ltd.	Financial	Debenture	5.6%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	5.5%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	5.5%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹18.01Cr

Principal Corporate Bond Fund IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (17)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.84%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Gurvinder Singh WasanJan 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Gurvinder Singh Wasan
Jan 2018 - Present
View details