Principal Debt Savings Fund - Retail Plan - Direct Plan - Dividend Option - Monthly

This Scheme Principal Debt Savings Fund - Retail Plan - Direct Plan - Dividend Option - Monthly is Merged with Principal Short Term Debt Fund - Dividend - Direct Plan
  • Previous Nav

  • Net Change on 29-05-2019

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Dividend | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Aditya Birla Sun Life Corporate Bond Fund - Dividend - Direct Plan Sep 30, 2013 8.75 9.00 8.82 0.27 15,320.14
Aditya Birla Sun Life Corporate Bond Fund - Monthly Dividend - Direct Plan Jan 01, 2013 8.76 5.71 6.38 0.27 15,320.14
HDFC Corporate Bond Fund -Direct Plan - Quarterly Dividend Option Jan 01, 2013 Unrated 9.17 5.73 6.48 0.40 12,683.98
ICICI Prudential Corporate Bond Fund - Direct Plan - Daily Dividend Jan 02, 2013 7.46 5.62 6.21 0.25 6,598.70
ICICI Prudential Corporate Bond Fund - Direct Plan - Fortnightly Dividend Jan 15, 2013 8.72 7.33 7.29 0.25 6,598.70

Fund Holdings as on 30-April-2019

  • TREPS 02-May-2019

  • 8.25% National Bank for Agriculture and Rural Development 30-Jul-2021

  • 8.02% National Housing Bank 31-Jan-2022

  • 8.85% HDFC Bank Ltd. 12-May-2022

  • 7.99% Power Finance Corporation Ltd. 20-Dec-2022

  • 7.00% Reliance Industries Ltd. 31-Aug-2022

  • 8.32% Power Grid Corporation of India Ltd. 23-Dec-2020

  • 8.10% NTPC Ltd. 27-May-2021

  • 8.40% Indian Railway Finance Corporation Ltd. 08-Jan-2029

  • 7.85% Small Industries Development Bank of India 26-Mar-2021

  • 7.50% Small Industries Development Bank of India 16-Jul-2021

  • 7.69% Bharat Petroleum Corporation Ltd. 16-Jan-2023

  • 9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019

  • 9.15% ICICI Bank Ltd. 20-Jun-2023

  • 8.15% Piramal Enterprises Ltd. 14-Jun-2019

  • 9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019

  • 91 DAY T-BILL 02-May-2019

  • 364 DAY T-BILL 25-Jul-2019

  • Net Receivable / Payable

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  • Miscellaneous

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About Principal Corporate Bond Fund

Scheme Analysis

Principal Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to Principal Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹18.01 crore. Principal Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Short Term Bond Fund Index as secondary index.

The NAV of Principal Corporate Bond Fund ended up ₹0(0.01%)yesterday to ₹32.02.

Among its top 3 holdings the fund has exposure to TREPS 02-May-2019, 8.25% National Bank for Agriculture and Rural Development 30-Jul-2021 and 8.02% National Housing Bank 31-Jan-2022

The Principal Corporate Bond Fund is managed by Gurvinder Singh Wasan .

Fund House Contact

Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai - 400 051

+91 (22) 67720555
+91 (22) 67720512

Fund Manager

  • Education:CA, Chartered Financial Analyst from CFA Institute USA (Charter awaited) & M. Com
  • Experience:7 Years
  • Basic Details:Mr. Wasan has more than 7 year’s of experience Fixed Income Markets, Credit Analysis and Structured Finance. Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
  • Funds Managed:
  • Principal Credit Risk Fund
  • Principal Equity Savings Fund
  • Principal Short Term Debt Fund

Most Recent Dividend

  • 20/05/2019

  • 18/04/2019

  • 18/03/2019

  • 18/02/2019

  • 18/01/2019

  • 18/12/2018

  • 25/06/2013

  • 25/03/2013

  • [ICRA]AA

  • [ICRA]AA+

  • CARE A

  • CARE AAA

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • IND AAA

  • Sovereign

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