Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly
Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Principal Mutual Fund. It's been running since 3 Jan 2013.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 89 other funds in Debt Scheme - Corporate Bond Fund
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 3 of last 3 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly against other debt funds.
Technical details (for the pros)
Fund info
- Fund house
- Principal Mutual Fund
- Category
- Debt Scheme - Corporate Bond Fund
- Plan
- Direct
- Option
- Dividend
- ISIN (Growth)
- —
- ISIN (Div re-invest)
- —
- Fund code
- 119477
- First price on record
- 3 Jan 2013 · 163 daily prices
About Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly
Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly is a Debt Scheme - Corporate Bond Fund offered by Principal Mutual Fund under the Direct plan with the Dividend option. It has approximately 14 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
The current NAV of Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly is ₹32.0228 (as of 29 May 2019). Historically, it has delivered 203.80% over the last year, 19.42% CAGR over 3 years, 19.42% CAGR over 5 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 2.8% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly?+
The latest NAV of Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly is ₹32.0228 as of 29 May 2019, up 0.01% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly?+
Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly has delivered 1-year return 203.80%, 3-year CAGR 19.42%, 5-year CAGR 19.42%, since-inception CAGR 19.04%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly belong to?+
Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly is categorised as Debt Scheme - Corporate Bond Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
How risky is Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly?+
Based on its 3-year annualised volatility of 2.8%, Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly a direct plan?+
Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly?+
Principal Corporate Bond Fund- Direct Plan - Dividend Option - Monthly has NAV history available from 3 Jan 2013 — approximately 14 years of track record and 163 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.