Principal Corporate Bond Fund Online | Debt Mutual Funds India
Corporate Bond Mutual Funds
Steady Income. Optimal Return.

Debt/ Fixed Income

Principal Corporate Bond Fund

(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)

This product is suitable for investors who are seeking*

  • Income over a long term investment horizon
  • Investment in AA+ and above Rated Corporate Bond & other Debt and Money Market Instruments

 *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The fund seeks 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.

Fund Manager:
Mr. Gurvinder Singh Wasan
Allotment Date:
December 30, 2003
Benchmark:
CRISIL Short Term Bond Fund Index

Types of Instruments

Normal Allocation
(% of Net Assets)

Risk Profile

Debt Securities (including Securitized Debt upto 50%) Upto 100% Low to Medium
Money Market Instruments (including cash & cash equivalent, CBLO & Reverse Repo) Upto 100% Low

*Investment in Securitised Debt may be up to 50% of the net assets of the Scheme.

The Scheme may also invest up to 50% of net assets of the Scheme in such derivative instruments as may be introduced from time to time for the purpose of hedging and portfolio balancing and other uses as may be permitted under the SEBI (Mutual Funds) Regulations, 1996.

Investment in Securities lending – up to 20% of the net assets.

Investment in the units of Liquid/ Money Market/ Debt Mutual Fund Scheme(s) shall not exceed 5% of the net asset value of the mutual fund.

Plans Regular Plan & Direct Plan.

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

Exit Load:

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

New Investor: 5000/-
Existing Investor: 1000/-

Subscriptions (by way of purchase / switch in or in any mode) is restricted only for individual investors (including HUFs, Association of Persons & where an individual is an ultimate beneficiary).

3.00 p.m.

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

Please check the disclosure page for the current expense ratio.
More Information

SIP / RWP / STP:

Available

Minimum No. & Amt.

SIP :

6 installments of 2000/- each

RWP:

6 installments of 500/- each

STP :

6 installments of 1000/- each

Disclaimer - "Mutual Fund investments are subject to market risks, read all scheme related documents carefully"