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PRPrincipal MFGrowth

Principal Corporate Bond Fund - Growth

debtDebt - Corporate Bond FundBenchmark: CRISIL Short Term Bond Index
NAV · 29 May 2019₹31.70+0.01%
AUM₹18 Cr
Expense Ratio0.84%
CAGR—
Exit Load1% on or before 365D, Nil after 365D
Min SIP—
Launched2003

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.

Fund Mandate

AA+ and above rated Corp Debt securities including Securitised Debt80%–100%
Other Debt & MMI, and units of Liquid/ Money Market/ Debt MF Scheme0%–20%
Units issued by REITs & InvITs0%–10%
Asset Allocation
Debt90.8%
Cash & Equivalents9.2%
Fund Managers
GS
Gurvinder Singh Wasan
Fund Manager
Key Information
0.84%
—
₹5,000
1% on or before 365D, Nil after 365D
Nil
Inception30 Dec 2003
AMCPrincipal MF
Top Holdings
1TREPS 02-May-201913.04%
28.25% National Bank for Agriculture and Rural Development 30-Jul-202111.11%
38.02% National Housing Bank 31-Jan-202210.57%
48.85% HDFC Bank Ltd. 12-May-20228.78%
57.99% Power Finance Corporation Ltd. 20-Dec-20228.22%
67.00% Reliance Industries Ltd. 31-Aug-20228.03%
78.32% Power Grid Corporation of India Ltd. 23-Dec-20205.59%
88.10% NTPC Ltd. 27-May-20215.58%
98.40% Indian Railway Finance Corporation Ltd. 08-Jan-20295.56%
107.85% Small Industries Development Bank of India 26-Mar-20215.55%
Sector Allocation
Other103.8%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for Principal Corporate Bond Fund - Growth.

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Trailing Returns
PeriodReturns
1 Day+0.01%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.84%
1% on or before 365D, Nil after 365D
Nil
—
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme