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3 star

PGIM India Premier Bond Fund - Direct Plan


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 4.55 0.04 0.13 0.47 0.66 2.39 4.75 8.40 7.08 7.79 --
VR Bond 2.68 0.01 0.10 0.60 1.14 2.12 2.88 6.14 5.55 6.65 --
Debt: Corporate Bond 3.85 0.04 0.11 0.52 0.73 2.32 4.14 8.28 7.19 8.09 --
Rank within category 2 8 7 15 12 7 3 8 9 10 --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 0

As on 06-Dec-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 - Direct Plan  | Invest Online
3 star
Jan-13 4.75 8.40 7.08 0.13% 68
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.52 8.79 7.80 0.30% 19,779
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.82 8.67 7.63 0.27% 19,656
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.36 8.17 7.73 0.32% 10,788
Nippon India Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.31 7.90 7.49 0.22% 3,925

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.74 24-Mar-2020 - 31-Mar-2020 -2.51 10-Jul-2013 - 17-Jul-2013
Month 3.89 20-Aug-2013 - 19-Sep-2013 -3.31 17-Jun-2013 - 17-Jul-2013
Quarter 6.18 24-Mar-2020 - 24-Jun-2020 -5.33 20-May-2013 - 19-Aug-2013
Year 12.93 19-Aug-2013 - 19-Aug-2014 3.79 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.17 2.01 2.18 4.53 0.61 2.90
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Corporate Bond 8.11 2.50 1.96 3.64 0.64 2.78
Rank within category 10 7 9 6 9 11
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 22 17 95
Modified Duration (yrs) 2.35 2.58 1.55 --
Average Maturity (yrs) 2.84 3.30 1.84 --
Yield to Maturity (%) 4.88 5.23 4.35 --
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
equal 5.70% Bajaj Housing Finance 2024 Debenture AAA 0.00 - 9.55 9.55
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 7.45 7.45
equal 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 7.31 7.31
down GOI 2028 GOI Securities SOV 0.00 - 12.62 6.96
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 5.20 - 6.56 6.33
equal Fullerton India Credit 28/12/2022 Debenture AAA 4.84 - 6.15 6.04
equal 5.95% Housing & Urban Development Corporation 2023 Debenture AAA 4.19 - 5.33 5.25
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 5.21 5.21
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 16.91 5.16
equal 8.54% Nuclear Power Corpn. 15/03/2023 Debenture AAA 0.00 - 4.65 4.65
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 3.72 - 4.71 4.64
equal 6.99% REC 31/12/2021 Non Convertible Debenture AAA 0.00 - 4.43 4.43
equal 8.15% State Bank of India Additional Tier 1 Bond AA+ 0.00 - 6.04 3.77
equal 8.20% Power Grid Corporation 23/01/2022 Bonds/NCDs AAA 0.00 - 8.31 3.41
equal 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 2.95 2.95
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.35 2.32
new Reserve Bank of India 364-D 23/12/2021 Treasury Bills SOV 0.00 - 2.21 2.21
down 6.10% GOI 2031 GOI Securities SOV 0.00 - 2.84 2.18
new Others CBLO -- - 6.96

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-Nov-2021

*As on 31-Oct-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:


-0.01%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 37.9229

IDCW Yearly: ₹ 16.5749

More

IDCW Quarterly: ₹ 13.2988

IDCW Monthly: ₹ 15.2417


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: 01-Jan-2013
Return Since Launch: 7.96%
Benchmark: CRISIL Corporate Bond Fund
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 68 Cr (As on 30-Nov-2021)
Expense: 0.13% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly26-Nov-20210.0750

 29-Oct-20210.0750
 24-Sep-20210.0750
 27-Aug-20210.0750
 30-Jul-20210.0730
 25-Jun-20210.0730
 28-May-20210.0730
 30-Apr-20210.0720
 26-Mar-20210.0760
 26-Feb-20210.0760
 29-Jan-20210.0760
 24-Dec-20200.0750
 27-Nov-20200.0750
 29-Oct-20200.0750
 25-Sep-20200.0810
 28-Aug-20200.0810
 31-Jul-20200.0810
 30-Jun-20200.0840
 29-May-20200.0890
 24-Apr-20200.0780
 27-Mar-20200.0504
 28-Feb-20200.0598
 31-Jan-20200.0612
 27-Dec-20190.0630
 29-Nov-20190.0630
IDCW Quarterly24-Sep-20210.1950

 25-Jun-20210.1875
 26-Mar-20210.1950
 31-Dec-20200.1950
 25-Sep-20200.2100
 30-Jun-20200.2200
 27-Mar-20200.1657
 26-Dec-20190.1729
 27-Sep-20190.1729
 28-Jun-20190.1729
 25-Mar-20190.1729
 28-Dec-20180.1729
 28-Sep-20180.1729
 28-Jun-20180.1729
 23-Mar-20180.1733
 29-Dec-20170.1733
 28-Sep-20170.1661
 29-Jun-20170.1589
 24-Mar-20170.1011
 29-Dec-20160.1733
 29-Sep-20160.1733
 27-Jun-20160.1517
 28-Mar-20160.1517
 23-Dec-20150.1517
 24-Sep-20150.1517
IDCW Yearly26-Mar-20210.9900

 27-Mar-20200.7852
 25-Mar-20190.7203
 23-Mar-20180.7223
 28-Mar-20160.5778
 27-Mar-20150.2722
 26-Sep-20140.3896
 28-Mar-20140.1169

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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