• Mutual Funds
  • PGIM Mutual Funds
  • PGIM India Corporate Bond Fund (Growth)

Formerly PGIM India Prem Bd Gr

PGIM Mutual Funds

PGIM India Corporate Bond Fund (Growth)

DebtCorporate Bond

38.8144

NAV (Feb 22)

5%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in corporate bond mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

38.8144

NAV (Feb 22)

Fund Returns

Last 1Y
6.9%
Last 3Y
5%
Last 5Y
6.4%
Last 10Y
6.7%
Since Inception
6.7%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

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 (21y ago)
Jan 30, 2003
AUM in Crores
108.140
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
Standard Deviation (5yr)
1.7
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.49
Sharpe Ratio (5yr)
0.7
YTM
7.64
Fund Managers

Puneet Pal

Fund Manager

Bhupesh Kalyani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
PGIM India Corporate Bond Fund (Growth)70%8,54,866 1,22,2546.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-02-22

Top Debt Holdings

7.18% govt stock 2037

11.2%
11.2%

clearing corporation of india ltd.

8.9%
8.9%

national bank for agriculture and rural development

7.9%
7.9%

rural electrification corporation limited

6%
6%

bajaj housing finance limited

4.7%
4.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,939 cr

₹ 16,101 cr

₹ 13,073 cr

₹ 12,851 cr

₹ 10,720 cr

About the AMC

PGIM India Asset Management Private Limited

PGIM India Asset Management Private Limited manages assets worth 24,696 crores and was set up on 24 September 2008. It's current offering of mutual fund schemes includes 18 equity,154 debt and 24 hybrid funds.amc-img
022-61593000
care@pgimindia.co.in
Fund NameScripbox Opinion
Till Date CAGR

20.4%

17.9%

19.9%

17.2%

19.9%

17.2%

15.1%

13.4%

0.2%

10.2%

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 6.7% over a period of 21 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 2/22/2024 is ₹38.81 with the total AUM as of 2/23/2024 is ₹108.14. 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 Low to 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 6.9% 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)?

PGIM India Corporate Bond Fund (G) is a Corporate Bond Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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.