About Principal Corporate Bond Fund Direct-Growth
Principal Corporate Bond Fund Direct-Growth is a Debt
mutual fund scheme from Principal Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Gurvinder Singh Wasan
. It has an AUM of ₹18.01 Crores and the latest NAV decalared is ₹33.498 as on 29 May 2019 at 9:30 pm.
Principal Corporate Bond Fund Direct-Growth scheme return performance in last 1 year is 8.83%, in last 3 years is 22.71% and 62.23% since scheme launch. The min. SIP amount to invest in this scheme is ₹2000.
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.