PGIM India Corporate Bond Fund - Growth

Fund House: PGIM India Mutual Fund
Category: Debt: Corporate Bond
Launch Date: 21-01-2003
Asset Class: Fixed Income
Benchmark: CRISIL Corporate Bond Fund BIII Index
TER: 1.03% As on (31-08-2023)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 46.87 Cr As on (31-08-2023)
Turn over: - | Exit Load: Nil

37.7906

6.64%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India Corporate Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
10 Years 3 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide regular income by investing in high quality debt securities including bond and money market instruments.

Current Asset Allocation (%)

Indicators

Standard Deviation 1.19
Sharpe Ratio 0.36
Alpha 0.42
Beta 0.5
Yield to Maturity 7.39
Average Maturity 3.19

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
PGIM India Corporate Bond Fund - Growth 21-01-2003 6.21 4.17 4.8 6.41 6.74
ICICI Prudential Corporate Bond Fund - Growth 12-06-2009 7.59 5.45 5.64 7.44 7.8
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan 03-03-1997 7.4 5.09 5.5 7.63 8.13
Nippon India Corporate Bond Fund - Growth Plan - Growth Option 14-09-2000 7.38 5.25 5.69 6.83 7.5
HDFC Corporate Bond Fund - Growth Option 01-06-2010 7.3 4.69 5.26 7.57 8.07
Tata Corporate Bond Fund-Regular Plan-Growth 29-11-2021 6.98 - - - -
BARODA BNP PARIBAS Corporate Bond Fund - Defunct Plan - Growth Option 01-01-2013 6.91 - - - -
BARODA BNP PARIBAS CORPORATE BOND FUND - Regular Plan - GROWTH OPTION 01-01-2013 6.91 - - - -
Kotak Corporate Bond Fund- Regular Plan-Growth Option 21-09-2007 6.86 4.7 5.01 6.88 -
SBI Corporate Bond Fund - Regular Plan - Growth 05-01-2019 6.77 4.38 4.6 - -

Scheme Characteristics

Minimum investment in corporate bonds - 80% of total assets (only in highest rated instruments).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

Feedback
Notification