PGIM India Corporate Bond Fund - Monthly Dividend

PGIM India Corporate Bond Fund - Monthly Dividend is a scheme launched by PGIM Mutual Fund on January 30, 2003, and falls under the Corporate Bond fund category. It currently manages an AUM of Rs 88.63 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 1.01% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  PGIM India Corporate Bond Fund - Monthly Dividend trailing returns over different times are -0.85% (1 year), -0.46% (3 year) and -0.73% (5 year). The average annual return of this fund stands at -0.14%.