principal corporate bond (Debt, Debt Corporate Bond)

14 yrs 8 monthsStarted on:30 Dec 2003
₹ 20.93 Cras on: 14 Aug 2018
Mid Term & Long Horizon
Income Generation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

Investment Objective

The fund seeks to generate steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities and ratings while maintaining the optimum balance of yield, safety and liquidity.

Exit Load

1% - if redeemed on or before 365 days from the date of allotment. Nil - if redeemed after 365 days from the date of allotment.

Scheme Documents

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TenureReturns (CAGR)
1 Month0.50
3 Month1.60
1 YR0.99
2 YR4.39
3 YR5.93

SIP Returns

TenureReturns (CAGR)
1 YR2.86
2 YR2.9
3 YR4.43
5 YR5.9
10 YR6.65


Company Name% Assets
National Bank For Agriculture & Rural Development 30/07/2021 8.25%9.56
National Housing Bank 12/03/2021 7.59%9.53
Rural Electrification Corpn. Ltd. 31/12/2020 6.99%9.27
Piramal Enterprises Ltd. 14/06/2019 8.15%8.57
HDFC Bank Ltd. 31/12/2099 8.85%7.57
Infrastructure Leasing & Financial Services Ltd. 23/08/2018 11.00%7.17
Power Finance Corpn. Ltd. 20/12/2022 7.99%7
Reliance Industries Ltd. 31/08/2022 7.00%6.79
Reliance Jio Infocomm Ltd. 29/04/2019 8.10%5.72
Small Industries Devp. Bank of India Ltd. 26/03/2021 7.85%4.76

Top Sectoral Holdings

Sector Name% Assets


Standard Deviation2.63%

Gurvinder Singh Wasan

Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.

Other Funds Managed by Gurvinder Singh Wasan

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