Pgim India Corporate Bond Fund Overview
Category Corporate Bond Fund
BMSMONEY Rank 15
Rating
Growth Option 21-05-2025
NAV ₹43.29(R) +0.17% ₹48.18(D) +0.18%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 9.69% 7.19% 6.35% 6.88% -%
Direct 10.49% 7.96% 7.11% 7.72% -%
Benchmark
SIP (XIRR) Regular 11.07% 8.35% 6.93% 6.46% -%
Direct 11.88% 9.12% 7.68% 7.22% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.49 0.24 0.65 2.3% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.15% 0.0% -0.3% 0.56 0.75%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
PGIM India Corporate Bond Fund - Annual Dividend 10.52
0.0200
0.1700%
PGIM India Corporate Bond Fund - Quarterly Dividend 11.74
0.0200
0.1700%
PGIM India Corporate Bond Fund - Monthly Dividend 13.06
0.0200
0.1700%
PGIM India Corporate Bond Fund - Direct Plan - Quarterly Dividend 13.35
0.0200
0.1700%
PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend 15.2
0.0300
0.1800%
PGIM India Corporate Bond Fund - Direct Plan - Annual Dividend 16.16
0.0300
0.1700%
PGIM India Corporate Bond Fund - Growth 43.29
0.0700
0.1700%
PGIM India Corporate Bond Fund - Direct Plan - Growth 48.18
0.0800
0.1800%

Review Date: 21-05-2025

Beginning of Analysis

PGIM India Corporate Bond Fund is the 15th ranked fund in the Corporate Bond Fund category. The category has total 19 funds. The 2 star rating shows a poor past performance of the PGIM India Corporate Bond Fund in Corporate Bond Fund. The fund has a Jensen Alpha of 2.3% which is higher than the category average of 1.74%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.49 which is lower than the category average of 0.7.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Corporate Bond Mutual Funds are a good option for investors seeking higher returns than traditional debt instruments while maintaining moderate risk. However, they are not entirely risk-free and are subject to credit risk, interest rate risk, and market risk. Investors should carefully assess their risk appetite, investment horizon, and tax implications before investing in these funds.

PGIM India Corporate Bond Fund Return Analysis

  • The fund has given a return of 1.25%, 4.03 and 5.94 in last one, three and six months respectively. In the same period the category average return was 1.23%, 3.92% and 5.79% respectively.
  • PGIM India Corporate Bond Fund has given a return of 10.49% in last one year. In the same period the Corporate Bond Fund category average return was 10.38%.
  • The fund has given a return of 7.96% in last three years and ranked 13.0th out of 19 funds in the category. In the same period the Corporate Bond Fund category average return was 8.08%.
  • The fund has given a return of 7.11% in last five years and ranked 7th out of 16 funds in the category. In the same period the Corporate Bond Fund category average return was 6.97%.
  • The fund has given a SIP return of 11.88% in last one year whereas category average SIP return is 11.62%. The fund one year return rank in the category is 7th in 20 funds
  • The fund has SIP return of 9.12% in last three years and ranks 11th in 19 funds. Nippon India Corporate Bond Fund has given the highest SIP return (9.59%) in the category in last three years.
  • The fund has SIP return of 7.68% in last five years whereas category average SIP return is 7.58%.

PGIM India Corporate Bond Fund Risk Analysis

  • The fund has a standard deviation of 1.15 and semi deviation of 0.75. The category average standard deviation is 1.31 and semi deviation is 0.94.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.3. The category average VaR is -0.02 and the maximum drawdown is -0.71. The fund has a beta of 0.5 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Corporate Bond Fund Category
  • Good Performance in Corporate Bond Fund Category
  • Poor Performance in Corporate Bond Fund Category
  • Very Poor Performance in Corporate Bond Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Pgim India Corporate Bond Fund NAV Regular Growth Pgim India Corporate Bond Fund NAV Direct Growth
    21-05-2025 43.2889 48.1787
    20-05-2025 43.2141 48.0944
    19-05-2025 43.1681 48.0423
    16-05-2025 43.1439 48.0123
    15-05-2025 43.0583 47.916
    14-05-2025 43.0106 47.862
    13-05-2025 42.9566 47.801
    09-05-2025 42.8173 47.6421
    08-05-2025 42.8298 47.655
    07-05-2025 42.93 47.7655
    06-05-2025 42.9177 47.7509
    02-05-2025 42.871 47.6951
    30-04-2025 42.8596 47.6805
    28-04-2025 42.8177 47.632
    25-04-2025 42.8081 47.6184
    24-04-2025 42.8383 47.651
    23-04-2025 42.827 47.6374
    22-04-2025 42.8138 47.6218
    21-04-2025 42.7785 47.5816

    Fund Launch Date: 14/Jan/2003
    Fund Category: Corporate Bond Fund
    Investment Objective: The investment objective of the Scheme is toseek to generate income and capital appreciation by predominantlyinvesting in AA+ and above rated corporate bonds.
    Fund Description: An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
    Fund Benchmark: CRISIL Composite Bond Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.