PGIM India Corporate Bond Fund Direct Growth
DebtCorporate BondLow to Moderate Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹100 Cr
Expense Ratio
0.29%
ISIN
INF223J01OO2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹43.55, Assets Under Management (AUM) of 99.51 Crores, and an expense ratio of 0.29%.
- PGIM India Corporate Bond Fund Direct Growth has given a CAGR return of 7.51% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 89.02% in debts, and 10.63% in cash & cash equivalents.
- You can start investing in PGIM India Corporate Bond Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.83%
+5.75% (Cat Avg.)
3 Years
+5.68%
+4.63% (Cat Avg.)
5 Years
+7.21%
+5.93% (Cat Avg.)
10 Years
+7.49%
+6.40% (Cat Avg.)
Since Inception
+7.51%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹88.59 Cr | 89.02% |
| Others | ₹10.92 Cr | 10.98% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹8.44 Cr | 8.48% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹7.02 Cr | 7.05% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹6.61 Cr | 6.64% |
| Axis Finance Limited | Bond - Corporate Bond | ₹5 Cr | 5.03% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹5 Cr | 5.02% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5 Cr | 5.02% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹4.99 Cr | 5.02% |
| Aditya Birla Housing Finance Ltd. 8.2% | Bond - Corporate Bond | ₹4.99 Cr | 5.02% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹4.98 Cr | 5.00% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹4.28 Cr | 4.30% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹4.1 Cr | 4.12% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹4.02 Cr | 4.04% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.01 Cr | 4.03% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹4.01 Cr | 4.03% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹3.96 Cr | 3.98% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹3.95 Cr | 3.97% |
| State Bank Of India | Bond - Corporate Bond | ₹3.86 Cr | 3.88% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2.61 Cr | 2.62% |
| Net Receivables / (Payables) | Cash | ₹2.48 Cr | 2.49% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹2.01 Cr | 2.02% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹1.66 Cr | 1.67% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹1.5 Cr | 1.50% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹1.49 Cr | 1.50% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹1.3 Cr | 1.31% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹1.01 Cr | 1.01% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹0.9 Cr | 0.91% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.35 Cr | 0.35% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹75.4 Cr | 75.77% |
| Bond - Gov't/Treasury | ₹14.68 Cr | 14.76% |
| Cash - Repurchase Agreement | ₹6.61 Cr | 6.64% |
| Cash | ₹2.48 Cr | 2.49% |
| Mutual Fund - Open End | ₹0.35 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
0.93%
Cat. avg.
1.60%
Lower the better
Sharpe Ratio
This fund
0.08
Cat. avg.
-0.50
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.53
Higher the better
Fund Managers
Bhupesh Kalyani
Since September 2022
Puneet Pal
Since December 2017
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF223J01OO2 | Expense Ratio | 0.29% | Exit Load | No Charges | Fund Size | ₹100 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Corporate Debt A-II TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Corporate Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| TrustMF Corporate Bond Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹68.46 Cr | 6.3% |
| TrustMF Corporate Bond Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹68.46 Cr | 6.7% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹147.75 Cr | 6.2% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13721.82 Cr | 7.0% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13721.82 Cr | 6.7% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹28968.10 Cr | 7.2% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹759.68 Cr | 6.5% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹729.87 Cr | 6.4% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹2892.76 Cr | 7.0% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹411.46 Cr | 6.4% |
About the AMC
Total AUM
₹27,272 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Bhupesh Kalyani
- Puneet Pal
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