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- PGIM India Corporate Bond Fund (Growth)
Formerly PGIM India Prem Bd Gr
PGIM India Corporate Bond Fund (Growth)
₹ 37.8091
NAV (Sep 29)
Corporate bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 37.8091
NAV (Sep 29)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 4.8% |
Last 5Y | 6.4% |
Last 10Y | 6.8% |
Since Inception | 6.6% |
6 Month CAGR | 3.4% |
Scheme Information
The investment objective of the Scheme is to seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds.
Expense Ratio | 1.03 |
Launched (20y ago) | Jan 30, 2003 |
AUM in Crores | 46.930 |
ISIN | INF223J01DB2 |
Lock-in | No Lock-in |
Benchmark | CRISIL Corporate Bond B-III TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.2 |
Standard Deviation (5yr) | 1.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.08 |
Sharpe Ratio (5yr) | 0.677 |
YTM | 7.39 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| PGIM India Corporate Bond Fund (Growth) | 8,54,866 | 1,22,254 | 6.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
clearing corporation of india ltd.
21.9%mahindra & mahindra financial services ltd
8.6%rural electrification corporation limited
8.6%larsen and toubro limited
8.6%national bank for agriculture and rural development
8.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
PGIM India Asset Management Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
29.1% | 17.4% | ||
28.5% | 16.7% | ||
28.5% | 16.7% | ||
0.9% | 8.7% | ||
21.9% | 12.7% |
PGIM India Corporate Bond Fund (G) Review
PGIM India Corporate Bond Fund (G) is a Corporate Bond Debt fund and has delivered an annualised return of 6.6% over a period of 20 years. The fund was previously known as PGIM India Prem Bd Gr. The fund is managed by PGIM India Asset Management Private Limited. The fund managers are Bhupesh Kalyani, Puneet Pal.
Nav of PGIM India Corporate Bond Fund (G) as of 9/29/2023 is ₹37.81 with the total AUM as of 10/1/2023 is ₹46.93. With Scripbox you can compare and check the latest nav for all mutual funds in India. PGIM India Corporate Bond Fund (G) was launched on Jan 30, 2003. The category risk of the fund is Moderate Risk.
The minimum SIP amount for PGIM India Corporate Bond Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
PGIM India Corporate Bond Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Corporate Bond B-III TR INR.
PGIM India Corporate Bond Fund (G) is rated as a 1 fund in Debt and delivered 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with PGIM India Corporate Bond Fund (G).
Frequently Asked Questions
What is PGIM India Corporate Bond Fund (G)?
How to invest in PGIM India Corporate Bond Fund (G)?
You can invest in PGIM India Corporate Bond Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of PGIM India Corporate Bond Fund (G)?
The minimum sip amount for PGIM India Corporate Bond Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is PGIM India Corporate Bond Fund (G) good to invest in?
As per Scripbox experts, PGIM India Corporate Bond Fund (G) is a Not Recommended fund. You can investPGIM India Corporate Bond Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the PGIM India Corporate Bond Fund (G)?
The expense ratio of the PGIM India Corporate Bond Fund (G) is 1.03% for regular plan.