PGIM India Corporate Bond Fund Direct Growth
DebtCorporate BondLow to Moderate Risk
Direct
NAV (19-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹96 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 19-Nov-24, it has a Net Asset Value (NAV) of ₹45.47, Assets Under Management (AUM) of 95.97 Crores, and an expense ratio of 0.29%.
- PGIM India Corporate Bond Fund Direct Growth has given a CAGR return of 7.56% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 93.77% in debts, and 5.86% 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
+8.36%
+7.76% (Cat Avg.)
3 Years
+6.31%
+5.75% (Cat Avg.)
5 Years
+6.84%
+6.14% (Cat Avg.)
10 Years
+7.38%
+6.39% (Cat Avg.)
Since Inception
+7.56%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹89.99 Cr | 93.77% |
| Others | ₹5.98 Cr | 6.23% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹13.74 Cr | 14.32% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹8.58 Cr | 8.94% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹6.8 Cr | 7.08% |
| Axis Finance Limited | Bond - Corporate Bond | ₹5.04 Cr | 5.25% |
| Aditya Birla Housing Finance Ltd. 8.2% | Bond - Corporate Bond | ₹5.04 Cr | 5.25% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.03 Cr | 5.25% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹5.02 Cr | 5.23% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.01 Cr | 5.22% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.04 Cr | 4.21% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹4.04 Cr | 4.21% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹4.01 Cr | 4.18% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹3.99 Cr | 4.16% |
| State Bank Of India | Bond - Corporate Bond | ₹3.91 Cr | 4.07% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹3.21 Cr | 3.35% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹3.03 Cr | 3.16% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹3.02 Cr | 3.15% |
| Net Receivables / (Payables) | Cash | ₹2.35 Cr | 2.45% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹2.01 Cr | 2.09% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹1.97 Cr | 2.06% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1.54 Cr | 1.60% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹1.5 Cr | 1.57% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹1.3 Cr | 1.35% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹1.17 Cr | 1.22% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.35 Cr | 0.37% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹0.27 Cr | 0.28% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹59.2 Cr | 61.69% |
| Bond - Gov't/Treasury | ₹23.51 Cr | 24.50% |
| Bond - Gov't Agency Debt | ₹8.58 Cr | 8.94% |
| Cash | ₹2.35 Cr | 2.45% |
| Cash - Repurchase Agreement | ₹1.97 Cr | 2.06% |
| Mutual Fund - Open End | ₹0.35 Cr | 0.37% |
Risk & Performance Ratios
Standard Deviation
This fund
0.97%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
0.20
Cat. avg.
-0.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.24
Higher the better
Fund Managers
Bhupesh Kalyani
Since September 2022
Puneet Pal
Since December 2017
Additional Scheme Detailsas of 31st October 2024
ISIN INF223J01OO2 | Expense Ratio 0.29% | Exit Load No Charges | Fund Size ₹96 Cr | Age 11 years 10 months | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 Moderate Risk | 0.7% | 0.0% | ₹74.84 Cr | 7.8% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹74.84 Cr | 8.2% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹196.22 Cr | 8.5% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14098.42 Cr | 8.0% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14098.42 Cr | 7.6% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹32072.16 Cr | 8.6% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹740.39 Cr | 8.1% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹764.77 Cr | 7.7% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹6312.17 Cr | 8.5% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹279.48 Cr | 8.1% |
About the AMC
PGIM India Mutual Fund
Total AUM
₹28,697 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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