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

PGIM India Corporate Bond Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 20 June, 2013. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.

1. PGIM India Corporate Bond Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has ₹90 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.
   

PGIM India Corporate Bond Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has given a CAGR return of 8.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.16%, 4.74% and 5.14% respectively.

PGIM India Corporate Bond Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are National Bank for Agriculture and Rural Development 7.68%, Power Finance Corporation Ltd., 7.1% Govt Stock 2034, 6.92% Govt Stock 2039, Bajaj Housing Finance Limited

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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