PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

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Debt
Direct
Corporate Bond
NAV: ₹ 15.02 as on 12-06-2024

About the Fund

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 15 May, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has ₹99 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 7.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.45%, 4.99% and 5.94% respectively.

Holdings

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.26% Govt Stock 2033, National Bank For Agriculture And Rural Development, Sikka Ports & Terminals Limited, Axis Finance Limited, HDFC Bank Limited

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹99 Cr
Inception Date
Inception Date
15 May, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
324.5%

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
97.8%
AA
2.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
51.8%
Government
37.5%
Cash Equivalent
10.7%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 99.5 Cr
₹ 100.6 Cr
₹ 107.1 Cr
  • AUM of the fund stands at 99.5 Cr as of Apr'24
  • AUM decreased by 1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl as on (31-May-24)

  • Debt & Cash

Debt Holdings24
Holdings
Weight%
1M Change
7.26% Govt Stock 2033
7.26% Govt Stock 2033
12.23%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.51%
0%
Sikka Ports & Terminals Limited
Sikka Ports & Terminals Limited
5.04%
0%
Axis Finance Limited
Axis Finance Limited
5.03%
0%
HDFC Bank Limited
HDFC Bank Limited
5.03%
0%

Fund Manager

Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 13 September 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 13 December 2017

PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.99% since inception which is more than its category average return of 5.47%
AUM size ₹99 Cr

AUM size ₹99 Cr

This fund has AUM of ₹99 Cr which is less than its category average of ₹ 6121 Cr
Expense Ratio 0.29%

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 Monthly Payout Inc Dist cum Cap Wdrl is ₹15.02 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.01%
-0.01%
6 Month Returns
2.61%
2.61%
1 Year Returns
5.45%
5.45%
3 Years Returns
15.73%
4.99%
5 Years Returns
33.44%
5.94%
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 May 2024
₹99 Cr as on May 2024
7.26% Govt Stock 2033(12.23%), National Bank For Agriculture And Rural Development(8.51%), Sikka Ports & Terminals Limited(5.04%), Axis Finance Limited(5.03%), HDFC Bank Limited(5.03%) as on May 2024
Corporate(49.27%), Government(37.49%), Cash Equivalent(13.24%) as on May 2024
Yield to Maturity is 7.65 as on May 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 2.58 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
97.77
AA
2.23
Bhupesh Kalyani, Puneet Pal are the fund managers of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of PGIM India Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is 0%