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.
Scheme Objective
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.