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Unrated

PGIM India Premier Bond Fund - Premium Plus Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.79 0.03 0.03 0.12 1.33 3.08 5.06 8.23 7.16 7.91 --
VR Bond* 1.72 -0.02 0.01 -0.11 1.38 1.84 3.06 6.75 5.85 6.89 --
Debt: Corporate Bond* 2.90 -0.01 0.07 0.02 1.16 2.65 4.31 8.28 7.10 7.88 --

As on 18-Oct-2021

* As on 19-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Premier Bond Fund - Premium Plus Plan
Unrated
Feb-09 5.06 8.23 7.16 1.66% 70
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 4.90 9.24 7.91 0.61% 28,361
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 5.05 9.08 7.96 0.46% 22,271
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
Jun-09 4.83 8.53 7.54 0.59% 20,980
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
Sep-07 4.72 8.16 7.66 0.66% 10,541

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.73 24-Mar-2020 - 31-Mar-2020 -2.85 05-Mar-2009 - 12-Mar-2009
Month 6.14 26-Mar-2009 - 27-Apr-2009 -3.29 17-Jun-2013 - 17-Jul-2013
Quarter 6.08 24-Mar-2020 - 24-Jun-2020 -5.29 20-May-2013 - 19-Aug-2013
Year 13.21 19-Aug-2013 - 19-Aug-2014 3.55 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.08 1.96 2.11 4.11 0.55 2.57
VR Bond 6.81 2.11 1.36 1.85 -- --
Debt: Corporate Bond 8.17 2.49 1.93 3.35 0.62 2.45

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 22 17 93
Modified Duration (yrs) 1.81 2.58 1.55 2.15
Average Maturity (yrs) 2.16 3.30 1.84 2.80
Yield to Maturity (%) 4.75 5.23 4.35 5.01
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 16.91 16.91
equal 5.70% Bajaj Housing Finance 2024 Debenture AAA 0.00 - 9.29 9.29
new 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 7.24 7.24
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 5.20 - 6.56 6.17
equal Fullerton India Credit 28/12/2022 Debenture AAA 0.00 - 6.15 5.87
equal 5.95% Housing & Urban Development Corporation 2023 Debenture AAA 4.19 - 5.33 5.09
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 5.04 5.04
equal 8.54% Nuclear Power Corpn. 15/03/2023 Debenture AAA 0.00 - 4.51 4.51
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 3.72 - 4.71 4.49
equal 7.29% SIDBI 2022 Debenture AAA 3.06 - 3.86 3.65
equal 8.15% State Bank of India Additional Tier 1 Bond AA+ 0.00 - 6.04 3.65
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 2.96 - 3.76 3.59
down 8.20% Power Grid Corporation 23/01/2022 Bonds/NCDs AAA 0.00 - 8.31 3.32
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 2.43 - 3.09 2.94
equal 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 2.85 2.85
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.35 2.25
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 1.59 - 4.60 1.60

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Puneet Pal since 13-Dec-2017

Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.

Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Funds Managed:


0.03%

Change from previous, NAV as on 18-Oct-2021

Growth: ₹ 21.4443


Investment Strategy

The scheme seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds.

Investment Details

Minimum Investment (₹) 10,00,00,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 09-Feb-2009
Return Since Launch: 8.23%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 70 Cr (As on 30-Sep-2021)
Expense: 1.66% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly24-Sep-20150.1517

 26-Jun-20150.1517
 27-Mar-20150.1815
 26-Dec-20140.1633
 26-Sep-20140.1948
 27-Jun-20140.1753
 28-Mar-20140.1559
 27-Dec-20130.1559
 27-Sep-20130.0779
 31-May-20130.1752
 26-Mar-20130.1762
 28-Dec-20120.1762
 28-Sep-20120.1762
 29-Jun-20120.1321
IDCW Yearly27-Mar-20150.5444

 26-Sep-20140.3896
 28-Mar-20140.4676
IDCW Monthly28-Jun-20130.0584

 01-Jun-20130.0657
 27-Apr-20130.0657
 26-Mar-20130.0661
 22-Feb-20130.0661
 24-Jan-20130.0661
 28-Dec-20120.0661
 30-Nov-20120.0661

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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