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Principal Corporate Bond Fund IDCW Monthly+0.01%

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

Fund Details

Principal Corporate Bond Fund IDCW Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.84%
NAV₹10.34 (29 May 2019)
Fund Started30 Dec 2003
Fund Size18 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.0%
6.0%
6.9%
6.7%
Category Average
4.7%
8.2%
7.6%
-
Rank Within Category
13
15
11
-
*All returns are annualized.
SIP
Minimum SIP amount2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 8.0% returns per annum

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. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y 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 IDCW Monthly Details

Principal Corporate Bond Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 30 Dec 2003. 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 ₹18 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 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
Website
NA
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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