PGIM India Corporate Bond Fund Direct Plan Growth
Debt
Direct
Corporate Bond
NAV: ₹ 43.45 as on 09-05-2024
About the Fund
PGIM India Corporate Bond Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.
Key Parameters
- PGIM India Corporate Bond Fund Direct Plan Growth has ₹100 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
21 people have invested ₹ 81K in PGIM India Corporate Bond Fund Direct Plan Growth in the last three months
Overview
 | 0.29% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹100 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 324.5% |
PGIM India Corporate Bond Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
98%
AA
2%
Sector Allocation
Corporate
51.3%
Government
45.3%
Cash Equivalent
3.3%
Top Holdings of PGIM India Corporate Bond Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings26
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 8.48% | 0% | |
7.26% Govt Stock 2033 | 7.05% | 0% | |
Axis Finance Limited | 5.03% | 0% | |
HDFC Bank Limited | 5.02% | 0% | |
Sikka Ports & Terminals Limited | 5.02% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 100.6 Cr as of Mar'24
- AUM decreased by 6.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.84% return, outperforming this fund by 0.61% per annum.
Over the last 1 month, this fund has experienced a 6.8% drop in AUM moving from 106.75 Cr to 99.51 Cr.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.23% return, outperforming this fund by 0.62% per annum.
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.6% return, outperforming this fund by 0.75%.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.49%.
Peer Analysis
Fund Manager
Bhupesh Kalyani
Fund Manager of PGIM India Corporate Bond Fund Direct Plan Growth, since 13 September 2022
Top funds managed
Puneet Pal
Fund Manager of PGIM India Corporate Bond Fund Direct Plan Growth, since 13 December 2017
Top funds managed
PGIM India Corporate Bond Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.5% since inception which is more than its category average return of 5.46%
AUM size ₹100 Cr
This fund has AUM of ₹100 Cr which is less than its category average of ₹ 6126 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of PGIM India Corporate Bond Fund Direct Plan Growth is ₹43.45 as on 09-May-2024.
Existing (Absolute + CAGR) as on 09-May-2024.
PGIM India Corporate Bond Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 6.84% | 6.84% |
3 Years Returns | 17.79% | 5.61% |
5 Years Returns | 41.8% | 7.23% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.29% as on April 2024
₹100 Cr as on April 2024
National Bank For Agriculture And Rural Development(8.48%), 7.26% Govt Stock 2033(7.05%), Axis Finance Limited(5.03%), Sikka Ports & Terminals Limited(5.02%), HDFC Bank Limited(5.02%) as on April 2024
Corporate(51.81%), Government(37.53%), Cash Equivalent(10.67%) as on April 2024
Yield to Maturity is 7.65 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.15 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 97.96 |
AA | 2.04 |
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Corporate Bond Fund Direct Plan Growth
The Exit load of PGIM India Corporate Bond Fund Direct Plan Growth is 0%