Principal Corporate Bond Fund

Principal Corporate Bond Fund

Moderate Risk
NAV (as on 17-12-2018)

32.0488

1 YEAR RETURN (as on 17-12-2018)

4.62%

CAGR since inception (since 01-01-2013)

7.68%

AUM (as on 30-Nov-2018)

18.59 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 17-12-2018
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 17-12-2018
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 17-12-2018
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index
As on 30-Nov-2018
82.88%
AAA
8.41%
AA+
6.90%
Cash and Cash Equivalents
1.60%
AA
0.21%
Sovereign
10.74%
7.59% National Housing Bank 15-Mar-2019
10.73%
8.25% National Bank for Agriculture and Rural Development 31-Jul-2019
8.41%
8.85% HDFC Bank Ltd. 12-May-2022
8.04%
8.10% Reliance Jio Infocomm Ltd. 29-Apr-2019
7.90%
7.99% Power Finance Corporation Ltd. 20-Dec-2022
7.68%
7.00% Reliance Industries Ltd. 31-Aug-2022
6.90%
Cash & Cash Equivalents
5.37%
8.32% Power Grid Corporation of India Ltd. 23-Dec-2020
5.35%
7.85% Small Industries Development Bank of India 04-Sep-2019
5.34%
7.50% Small Industries Development Bank of India 16-Jul-2019
5.34%
8.10% NTPC Ltd. 27-May-2021
5.32%
7.59% REC Ltd. 13-Mar-2020
5.30%
9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
5.24%
7.69% Bharat Petroleum Corporation Ltd. 16-Jan-2023
1.60%
8.15% Piramal Enterprises Ltd. 14-Jun-2019
0.53%
9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
0.21%
91 DAY T-BILL 08-Feb-2019

Benchmark

CRISIL Short Term Bond Fund Index

Horizon

1-3 years

Age

5 Yrs 350 Days

Performance

Suitable for

1. Income over a medium to long term investment horizon.
2. Investment in AA+ and above Rated Corporate Bond and other Debt and Money Market Instruments.

Investment Objective

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.

WHY INVEST IN Principal Corporate Bond Fund?

• The fund seeks to generate steady income and capital appreciation.
• It maintains high quality credit portfolio.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

plans

Regular Plan and Direct Plan

expense ratio

options

Options Both the Plans offer Dividend and Growth Option. | Dividend Frequency - Monthly/Quarterly

OTHER DETAILS

Exit Load:
If redeemed on or before 365 days from the date of allotment - 1% [Note: w.e.f. May 05, 2017]

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 2000*
STP - Rs 1000*
RWP - Rs 500*
*6 installments each

Cut Off Time

3.00 p.m. In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 3.00 p.m. and receipt of application (duly time stamped).

fund manager

Gurvinder Singh Wasan

Gurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He h...
funds managed

Scheme Document & Forms

Fact Sheet

KIM

Application Form