Principal Corporate Bond Fund (Debt, Debt Corporate Bond)

Moderate
15 yrs 8 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

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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