Principal Corporate Bond Fund (Debt, Debt Corporate Bond)

Moderate
20 yrs 5 monthsStarted on:30 Dec 2003
₹ 18.01 Cras on: 29 May 2019
Mid Term & Long Horizon
0.84%
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

Similar Funds
Nippon India prime debt fund
Current NAV 45.15
Return (CAGR) 0.00%
Value Research
Franklin India Corporate Debt A Fund
Current NAV 76.73
Return (CAGR) 0.00%
Value Research NA
ICICI Pru Corporate Bond Fund
Current NAV 22.56
Return (CAGR) 0.00%
Value Research
Aditya Birla SL Corporate Bond Fund
Current NAV 85.38
Return (CAGR) 0.00%
Value Research
Kotak Corporate Bond Fund
Current NAV 2880.57
Return (CAGR) 0.00%
Value Research
Axis Corporate Debt Fund
Current NAV 13.11
Return (CAGR) 0.00%
Value Research
HDFC Corporate Bond Fund
Current NAV 25.36
Return (CAGR) 0.00%
Value Research
IDFC Corporate Bond Fund
Current NAV 14.94
Return (CAGR) 0.00%
Value Research
Tata Corporate Bond Fund
Current NAV 1414.48
Return (CAGR) 2.83%
Value Research NA

Tenure

TenureReturns (CAGR)
YTD3.86
1 Month1.22
3 Month2.60
1 YR7.98
2 YR4.66
3 YR6.05

SIP Returns

TenureReturns (CAGR)
1 YR8.98
2 YR6.19
3 YR5.59
5 YR6.24
10 YR6.69

Portfolio

Company Name% Assets
National Bank For Agriculture & Rural Development 30/07/2021 8.25%11.11
National Housing Bank 31/01/2022 8.02%10.57
HDFC Bank Ltd. 31/12/2099 8.85%8.78
Power Finance Corpn. Ltd. 20/12/2022 7.99%8.22
Reliance Industries Ltd. 31/08/2022 7.00%8.03
Power Grid Corporation of India Ltd. 23/12/2020 8.32%5.59
National Thermal Power Corp. Ltd. 27/05/2021 8.10%5.58
Indian Railway Finance Corpn. Ltd. 08/01/2029 8.40%5.56
Small Industries Devp. Bank of India Ltd. 16/07/2021 7.50%5.55
Small Industries Devp. Bank of India Ltd. 26/03/2021 7.85%5.55

Top Sectoral Holdings

Sector Name% Assets
Financial1.96

Indicators

LabelValue
Standard Deviation2.57%
Beta1.57%

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