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2 star

PGIM India Premier Bond Fund


Debt: Corporate Bond

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 3.62 0.02 0.02 0.09 1.27 3.01 4.80 7.79 6.42 7.03 7.39
VR Bond 1.72 -0.02 0.01 -0.11 1.38 1.84 3.06 6.75 5.85 6.89 7.36
Debt: Corporate Bond 2.90 -0.01 0.07 0.02 1.16 2.65 4.31 8.28 7.10 7.88 8.06
Rank within category 2 4 21 5 6 4 6 13 11 11 8
Number of funds in category 20 21 21 21 21 21 20 17 13 12 9

As on 18-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  | Invest Online
2 star
Jan-03 4.80 7.79 6.42 0.85% 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 5.30 01-Dec-2008 - 08-Dec-2008 -5.28 02-Jan-2009 - 09-Jan-2009
Month 13.07 28-Nov-2008 - 30-Dec-2008 -6.10 05-Jan-2009 - 04-Feb-2009
Quarter 20.20 30-Sep-2008 - 30-Dec-2008 -6.28 05-Jan-2009 - 06-Apr-2009
Year 22.42 17-Jul-2008 - 17-Jul-2009 -1.31 05-Jan-2009 - 05-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.66 1.96 1.90 3.67 0.54 2.18
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
Rank within category 13 7 12 8 7 13
Number of funds in category 17 17 17 17 17 17

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 2.25
Average Maturity (yrs) 2.16 3.30 1.84 2.94
Yield to Maturity (%) 4.75 5.23 4.35 5.09
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 8.15% State Bank of India Additional Tier 1 Bond AA+ 0.00 - 6.04 3.65
equal 7.29% SIDBI 2022 Debenture AAA 3.06 - 3.86 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:


0.02%

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

Growth: ₹ 34.8245

IDCW Yearly: ₹ 10.9872

More

IDCW Quarterly: ₹ 11.8370

IDCW Monthly: ₹ 13.4043


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 (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 30-Jan-2003
Return Since Launch: 6.89%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 70 Cr (As on 30-Sep-2021)
Expense: 0.85% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly24-Sep-20210.0620

 27-Aug-20210.0620
 30-Jul-20210.0620
 25-Jun-20210.0620
 28-May-20210.0620
 30-Apr-20210.0620
 26-Mar-20210.0620
 26-Feb-20210.0620
 29-Jan-20210.0620
 24-Dec-20200.0610
 27-Nov-20200.0610
 29-Oct-20200.0610
 25-Sep-20200.0630
 28-Aug-20200.0630
 31-Jul-20200.0630
 30-Jun-20200.0690
 29-May-20200.0690
 24-Apr-20200.0640
 27-Mar-20200.0432
 28-Feb-20200.0515
 31-Jan-20200.0504
 27-Dec-20190.0468
 29-Nov-20190.0468
 25-Oct-20190.0468
 27-Sep-20190.0576
IDCW Quarterly24-Sep-20210.1650

 25-Jun-20210.1625
 26-Mar-20210.1625
 31-Dec-20200.1625
 25-Sep-20200.1650
 30-Jun-20200.1850
 27-Mar-20200.1513
 26-Dec-20190.1513
 27-Sep-20190.1513
 28-Jun-20190.1513
 25-Mar-20190.1513
 28-Dec-20180.1513
 28-Sep-20180.1513
 28-Jun-20180.1513
 23-Mar-20180.1517
 29-Dec-20170.1517
 28-Sep-20170.1517
 29-Jun-20170.1445
 24-Mar-20170.1011
 29-Dec-20160.1589
 29-Sep-20160.1733
 27-Jun-20160.1517
 28-Mar-20160.1517
 23-Dec-20150.1517
 24-Sep-20150.1517
IDCW Yearly26-Mar-20210.6100

 27-Mar-20200.4898
 25-Mar-20190.6483
 23-Mar-20180.6500
 28-Mar-20160.5778
 27-Mar-20150.2722
 26-Sep-20140.3896
 28-Mar-20140.4676
 26-Mar-20130.7047
 15-Mar-20123.0515
 08-Apr-20110.5271
 26-Mar-20100.5256
 26-Mar-20090.4380
 30-Mar-20070.3070
 31-Mar-20060.3070
 31-Mar-20050.0724
 29-Mar-20040.6500

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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