PGIM India Corporate Bond Fund
DEBT
Selecting option from following drop-down list content will update below.
DEBT
Selecting option from following drop-down list content will update below.
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk scheme.
- NAV as on 19 Jun 2026
- ₹50.6279
- Benchmark
- CRISIL Corporate Debt A-II Index
- Risk
- Moderate
- AUM as on 31 May 2026
- ₹85.44 Cr
- Date of Inception
- 01 Jan 2013
- Expense Ratio (18 Jun 2026)
- 0.28%
- Ideal Holding Period
- 3 Years+
₹1 Lakh invested
Since Inception
Lumpsum
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 7.43% | ₹2,61,625 |
| Benchmark Returns | 7.95% | ₹2,79,139 |
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Fund Returns
Annual Returns*
7.43%
Current value
₹2,61,625
Benchmark Returns*
7.95%
Current value
₹2,79,139
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 May 2026
Exit Load
Nil
Minimum Investment
SIP : ₹1,000 | Lumpsum : ₹5,000
Portfolio Holdings as on 31 May 2026
Asset Allocation
- AAA - 68.28%
- Cash and Cash Equivalents - 17.13%
- Sovereign - 8.27%
- AA+ - 5.85%
- Debt - 0.47%
Top holdings
- 8.20% ADITYA BIRLA HSG SR K1 R26-02-20275.97 %
- 7.90% BAJAJ HOUSING FIN SR30 28-04-20285.88 %
- 7.68% NABARD NCD SR 24F RED 30-04-20295.87 %
- 7.38% POWER FIN COR SR 246B NCD 15-01-325.86 %
- 8.52% MUTHOOT FIN SR 42A OPT II 26-05-285.85 %
Top Sectors
- Financial Services69.67 %
- Sovereign8.27 %
- Power4.46 %
- Others16.93 %
- Cash0.20 %
Quantitative Indicators
- Yield to Maturity
- 7.36%
- Modified Duration
- 2.2 Years
- Portfolio Macaulay Duration
- 2.4 Years
- Average Maturity
- 2.7 Years
Performance
Historical Returns
Historical Returns Calculator
Historical Returns as of May 31, 2026 with lumpsum investment of ₹10,000
PGIM India Corporate Bond Fund Returns ^ Value* CRISIL Corporate Debt A-II Index** Returns ^ Value* CRISIL 10 Year Gilt Index# Returns ^ Value* | |
|---|---|
1 Year | 3.63% ₹ 10,362 4.85 % ₹ 10,484 -0.03 % ₹ 9,997 |
3 Years | 6.93% ₹ 12,226 6.99 % ₹ 12,246 5.99 % ₹ 11,906 |
5 Years | 6.20% ₹ 13,507 6.02 % ₹ 13,390 4.72 % ₹ 12,593 |
Since Inception | 7.43% ₹ 26,145 7.95 % ₹ 27,907 6.32 % ₹ 22,757 |
- Date of Inception: Direct Plan: January 01, 2013.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on May 31, 2026.
- The performance provided is for Direct Plan - Growth Option.
Fund Managers
Puneet Pal
He has more than two decades of experience in the debt markets within the mutual fund space.
Akhil Dhar
He has over 9 years of work experience, majority of which is in the field of credit analysis of large Indian corporates group.
Fund Details
Investment Objective
The investment objective of the Scheme is to seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Fund Type
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk scheme.
Investment Strategy
- PGIM India Corporate Bond Fund seeks to generate income through investments in a range of corporate Debt, Central & State government securities and money market instruments.
- The portfolio duration is decided based on the fund manager’s assessment of expected movement in interest rates, liquidity conditions and other macroeconomic factors.
- Moderate duration exposure allows the fund to maintain relatively low volatility compared with long-term income/bond funds, while retaining the potential to benefit from softening in yields.
- Minimum 80% investment in highest rated corporate bonds (AA+ and above)
About PGIM India Corporate Bond Fund
No records available
Frequently Asked Questions
No records available
Fund Documents
Riskometer
- Income over the medium term
- Investments predominantly in AA+ and above rated corporate bonds including bonds
- Degree of risk – Moderate
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
This product is suitable for investors who are seeking*:
Scheme Riskometer
The risk of the scheme is Moderate
Benchmark Riskometer
The risk of the Benchmark is
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Corporate Debt A-II Index
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Corporate Debt A-II Index
The risk of the Benchmark is Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Corporate Debt A-II Index
AMFI Tier - 1 Benchmark - CRISIL Corporate Debt A-II Index
Potential Risk Class
Credit Risk
Interest Rate Risk
Relatively Low
(Class A)
(Class A)
Moderate
(Class B)
(Class B)
Relatively High
(Class C)
(Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III)
B-III
B-III is the potential risk class matrix of PGIM India Corporate Bond Fund based on interest rate & credit risk.
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
