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  • Mutual Funds
  • PGIM India Corporate Bond Fund - Direct (IDCW-M)
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PGIM India Corporate Bond Fund - Direct (IDCW-M)

Corporate Bond Fund
Invest Now

  • NAV

    15.04(0.01%)

  • Fund Size (CR)

    ₹95.32

  • Expense Ratio

    0.28

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹1,000

  • Exit Load Nil

    0%

  • Return Since Launch

    9.25%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -0.21%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Puneet Pal

Bench Mark

CRISIL Corporate Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 202410010.190.10%-0.14%65/171
1 Month29 November 202410046.130.46%-0.50%81/171
3 Month30 September 202410264.782.65%-1.56%1/171
6 Month28 June 202410421.664.22%-4.17%69/171
1 Year29 December 202310817.988.18%8.18%8.17%87/171
3 Year30 December 202112011.2320.11%6.30%6.08%62/166
5 Year30 December 201913860.5338.61%6.75%6.52%48/147
Since Inception14 May 201327985.80179.86%9.25%7.13%4/171

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000242220.4386.32% 86.32%
3 Year3 January 20223,70,000689773.5686.43% 23.07%
5 Year1 January 20206,10,0001131314.9285.46% 13.15%
10 Year1 January 201511,80,0002177154.7584.50% 6.32%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.28%

Standard Deviation

0.03%

Beta

-0.74%

Sharpe Ratio

0.71%

Treynor's Ratio

-0.87%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
N A B A R D9.05%8500008.57Corporate DebtsDebt Others
Axis Finance5.33%5000005.04Corporate DebtsDebt Others
Bajaj Housing5.32%5000005.03Corporate DebtsDebt Others
Aditya Birla Hsg5.31%5000005.03Corporate DebtsDebt Others
Sikka Ports5.30%5000005.02Corporate DebtsDebt Others
HDFC Bank5.30%5000005.01Corporate DebtsDebt Others
Larsen & Toubro4.27%4000004.04Corporate DebtsDebt Others
REC Ltd4.27%4000004.04Corporate DebtsDebt Others
Jamnagar Utiliti4.24%4100004.01Corporate DebtsDebt Others
Power Grid Corpn4.21%4000003.99Corporate DebtsDebt Others

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
PGIM India Corporate Bond Fund - Direct (IDCW-M)
95.320.46%2.65%4.22%8.18%6.30%
Nippon India Corporate Bond Fund - Direct (IDCW-W)
6496.500.46%1.59%4.42%9.35%6.98%
AXIS Corporate Bond Fund - Direct (IDCW-W)
5999.760.44%1.57%5.00%9.24%6.89%
HDFC Corporate Bond Fund - Direct (IDCW)
32841.090.50%1.61%4.35%8.78%6.60%
HDFC Corporate Bond Fund - Direct (G)
32841.090.50%1.61%4.35%8.78%6.60%
HDFC Corporate Bond Fund - Direct (IDCW-Q)
32841.090.50%1.61%4.35%8.78%6.70%

News

  • PGIM India MF announces Quarterly Income Distribution cum Capital Withdrawal (IDCW) under its schemes

    PGIM India Mutual Fund has announced 31 December 2024 as the record date for declaration of IDCW in the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

    PGIM India Dynamic Bond Fund:

    Regular Plan ' Quarterly IDCW: 18.776

    Direct Plan ' Quarterly IDCW: 20.7063

    PGIM India Gilt Fund:

    Regular Plan ' Quarterly IDCW: 0.2396

    Direct Plan ' Quarterly IDCW: 0.2525

    PGIM India Corporate Bond Fund:

    Regular Plan ' Quarterly IDCW: 0.1997

    Direct Plan ' Quarterly IDCW: 0.2267

    PGIM India Large Cap Fund:

    Regular Plan ' IDCW: 0.4578

    Direct Plan ' IDCW: 0.6481

    Powered by Capital Market - Live News

  • PGIM India Mutual Fund announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes

    PGIM India Mutual Fund has announced 17 December 2024 as the record date for declaration of IDCW under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    PGIM India Arbitrage Fund:

    Regular Plan ' Monthly IDCW Option: 0.0647

    Direct Plan ' Monthly IDCW Option: 0.0653

    PGIM India Hybrid Equity Fund:

    Regular Plan ' Monthly IDCW Option: 0.1822

    Direct Plan ' Monthly IDCW Option: 0.2012

    PGIM India Equity Savings Fund:

    Regular Plan ' Monthly IDCW Option: 0.0720

    Direct Plan ' Monthly IDCW Option: 0.0787

    Powered by Capital Market - Live News

  • PGIM Mutual Fund announces change in Key Personnel

    PGIM Mutual Fund has announced that Mr. Shailesh Puthran has been appointed as a Head of Operations on the Board of PGIM Management Company Ltd. effective November 07, 2024.

    Details of Mr. Shailesh Puthran

    Age: 51 years

    Designation: Head of Operations

    Qualification: Chartered Accountant

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

14 May 2013

Total AUM (Cr)

₹94.66

PGIM India Corporate Bond Fund - Direct (IDCW-M) is an Corporate Bond Fund-oriented fund from the renowned AMC, PGIM India Mutual Fund. Launched in 14 May 2013, this fund is managed by Puneet Pal. With assets under management (AUM) worth ₹94.66 (Cr), as of 1 January 2025, PGIM India Corporate Bond Fund - Direct (IDCW-M) is categorized as a Corporate Bond Fund within its segment. The fund has generated a return of 9.25% since its launch.
The current NAV of PGIM India Corporate Bond Fund - Direct (IDCW-M) is ₹15.04, as on 1 January 2025. The fund's benchmark index is CRISIL Corporate Debt A-II Index. You can invest in PGIM India Corporate Bond Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.30% and 6.75% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.28% in Debt and 3.72% in cash and cash equivalents.

FAQs

How to Invest in PGIM India Corporate Bond Fund - Direct (IDCW-M) Direct Growth?

PGIM India Corporate Bond Fund - Direct (IDCW-M) is a popular fund in the Corporate Bond Fund segment. The fund has generated a return of 9.25% since inception. Looking to invest in PGIM India Corporate Bond Fund - Direct (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in PGIM India Corporate Bond Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, PGIM India Corporate Bond Fund - Direct (IDCW-M)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in PGIM India Corporate Bond Fund - Direct (IDCW-M) today and reap the benefits of this Corporate Bond Fund fund!

How much returns has PGIM India Corporate Bond Fund - Direct (IDCW-M) Direct Growth generated?

In the short term, i.e., 1 year, PGIM India Corporate Bond Fund - Direct (IDCW-M) has generated annualised return of 8.18%. In the long-term, the fund has generated 6.30% and 6.75% in 3 and 5 years respectively. Since its inception, the fund has generated 9.25% returns.

What is the expense ratio of PGIM India Corporate Bond Fund - Direct (IDCW-M) Direct Growth?

The expense ratio of PGIM India Corporate Bond Fund - Direct (IDCW-M) Direct Growth is 0.28%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of PGIM India Corporate Bond Fund - Direct (IDCW-M) Fund Direct Growth?

The Assets Under Management (AUM) of PGIM India Corporate Bond Fund - Direct (IDCW-M) is ₹94.66 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from PGIM India Corporate Bond Fund - Direct (IDCW-M) Direct Growth?

Redeeming or selling units of PGIM India Corporate Bond Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from PGIM India Corporate Bond Fund - Direct (IDCW-M):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case PGIM India Corporate Bond Fund - Direct (IDCW-M)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.