Corporate Bond Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
1%
Asset Size
17.93 Cr.
(As of 15 Jan, 2023)
Benchmark
CRISIL Corp Bond Composite Index TR INR
Riskometer
Investors understand that their principal will be at Moderate Risk.
The primary objective of the Scheme is to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
Fund manager
Mayank Prakash
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹5000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
7.42% Govt Stock 2033
10.14%
Bharat Petroleum Corporation Ltd.
9.85%
Small Industries Development Bank Of India
7.63%
National Bank For Agriculture And Rural Development
7.57%
Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.
This fund is rated 1 stars by Morning Star Ratings.