PGIM India Corporate Bond Fund is a Corporate Bond fund run by PGIM India Mutual Fund. On 30-09-2026, it managed ₹84 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.9% a year and its Regular plan returned 6.1% a year.
NAV (Direct plan)
₹50.96
▲ 0.02% · 30-10-2026
NAV (Regular plan)
₹45.31
▲ 0.02% · 30-10-2026
Expense ratio
0.37%Direct0.96%Regular
0.37%
A year
Riskometer
Low to Moderate
Set by the fund house
3 year return
6.9%Direct6.1%Regular
6.9%
A year
PGIM India Corporate Bond Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹50.96 (up 0.02% that day); Regular Plan Growth ₹45.31 (up 0.02% that day).
This fund (Direct plan)
₹50.9567
PGIM India Corporate Bond Fund Returns vs Corporate Bond Funds
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.24%
−0.10%
+2.07%
+3.49%
+6.86%
+6.19%
+6.80%
This fund (Regular)
−0.29%
−0.25%
+1.74%
+2.76%
+6.11%
+5.42%
+5.92%
Corporate Bond average
−0.24%
+0.05%
+2.31%
+4.00%
+7.02%
+6.20%
+6.98%
Best in Corporate Bond
+0.29%
+1.38%
+3.12%
+5.71%
+7.80%
+6.72%
+7.49%
Worst in Corporate Bond
−0.60%
−0.87%
+1.72%
+2.83%
+6.50%
+5.69%
+6.41%
Rank in Corporate Bond
10/21
16/21
16/21
17/21
14/21
9/17
9/11
Category rows compare the Direct plans of 21 Corporate Bond funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Corporate Debt A-II Index. Returns of that index are not available to us, so the category average is the comparison.
PGIM India Corporate Bond Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+2.80%
+2.21%
2025
+8.16%
+7.36%
2024
+8.36%
+7.61%
2023
+7.19%
+6.41%
2022
+3.86%
+3.10%
2021
+4.73%
+4.07%
PGIM India Corporate Bond Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,852 periods, one for each trading day from 08-03-2019 to 30-10-2026.
0%2%4%6%8%10%
PGIM India Corporate Bond Fund (Direct)
Category average, 21 Corporate Bond funds
Oct 2016 to Oct 2019Feb 2018 to Feb 2021May 2019 to May 2022Sept 2020 to Sept 2023Dec 2021 to Dec 2024Mar 2023 to Mar 2026
PGIM India Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds
0%
0%
Below 0%
0%
4%
0-5%
100%
96%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
2,336
7.1%
2.8%
11.4%
0%
7.4%
40%
2 years
2,094
7.2%
4.1%
10.5%
0%
7.4%
44%
3 years
1,852
7.2%
5.1%
9.0%
0%
7.5%
49%
5 years
1,365
6.9%
6.1%
8.1%
0%
6.9%
58%
7 years
880
7.1%
6.5%
7.8%
0%
7.1%
35%
10 years
156
7.1%
6.8%
7.3%
0%
7.3%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
116
7.1%
2.6%
12.1%
0%
7.4%
39%
2 years
104
7.0%
3.8%
11.1%
0%
7.2%
42%
3 years
92
7.3%
4.8%
9.9%
0%
7.4%
48%
5 years
68
6.7%
6.2%
8.1%
0%
6.7%
72%
7 years
44
6.8%
6.5%
7.6%
0%
6.8%
93%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
PGIM India Corporate Bond Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
PGIM India Corporate Bond Fund (Direct)This fund
Category average
Return (CAGR)
+3.49%
+3.99%
Standard deviation
1.42%
1.28%
Sharpe ratio
-1.24
-0.98
Sortino ratio
-1.68
-1.33
Maximum drawdown
−0.74%
(23-10-2026)
−0.60%
(23-10-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
PGIM India Corporate Bond Fund (Direct)This fund
Category average
Return (CAGR)
+6.86%
+7.02%
Standard deviation
1.15%
1.05%
Sharpe ratio
0.73
0.95
Sortino ratio
1.07
1.41
Maximum drawdown
−0.74%
(23-10-2026)
−0.60%
(23-10-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
PGIM India Corporate Bond Fund (Direct)This fund
Category average
Return (CAGR)
+6.19%
+6.19%
Standard deviation
1.02%
1.01%
Sharpe ratio
0.38
0.38
Sortino ratio
0.53
0.52
Maximum drawdown
−0.74%
(23-10-2026)
−1.2%
(09-05-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
PGIM India Corporate Bond Fund (Direct)This fund
Category average
Return (CAGR)
+6.80%
+6.94%
Standard deviation
1.51%
1.47%
Sharpe ratio
0.92
1.05
Sortino ratio
1.45
1.64
Maximum drawdown
−3.1%
(23-03-2020)
−2.7%
(23-03-2020)
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
PGIM India Corporate Bond Fund (Direct)This fund
Category average
Return (CAGR)
+7.08%
+7.29%
Standard deviation
1.49%
1.45%
Sharpe ratio
1.09
1.26
Sortino ratio
1.72
1.99
Maximum drawdown
−3.1%
(23-03-2020)
−2.7%
(23-03-2020)
From daily NAVs, 08-03-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−4%−3%−2%−1%0%
PGIM India Corporate Bond Fund (Direct)
Category average, 21 Corporate Bond funds
20172019202120232025
PGIM India Corporate Bond Fund (Direct)Category average, 21 Corporate Bond funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
PGIM India Corporate Bond Fund (Direct)
−3.1%
09-03-2020
23-03-2020
21-04-2020
29 days
−0.56%
Category average
−2.7%
06-03-2020
23-03-2020
17-04-2020
25 days
−0.46%
From the Direct plan's daily NAV since 08-03-2016, adjusted for unit splits, and the average of the 21 Corporate Bond funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
PGIM India Corporate Bond Fund vs Other Corporate Bond Funds
The five Corporate Bond funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
PGIM India Corporate Bond Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Corporate Bond median
Cost rank (1 = cheapest)
Direct
0.31%
0.00%
0.01%
0.05%
0.37%
0.34%
16/21
Regular
0.81%
0.00%
0.01%
0.14%
0.96%
0.68%
19/21
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Corporate Bond funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
2.76%
3.49%
0.73%
₹1,02,760
₹1,03,490
3 years
6.11%
6.86%
0.75% a year
₹1,19,473
₹1,22,024
5 years
5.42%
6.19%
0.77% a year
₹1,30,201
₹1,35,026
10 years
5.92%
6.80%
0.88% a year
₹1,77,738
₹1,93,069
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
PGIM India Corporate Bond Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 08-03-2016 to 30-10-2026: 128 instalments, ₹12,80,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planPGIM India Corporate Bond Fund (Direct)
₹12,80,000
₹18,47,081
₹5,67,081
6.7%
Regular planPGIM India Corporate Bond Fund (Regular)
₹12,80,000
₹17,64,858
₹4,84,858
5.9%
Category averageCategory average, 21 Corporate Bond funds
₹12,80,000
₹18,53,635
₹5,73,635
6.7%
₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L
Direct planPGIM India Corporate Bond Fund (Direct)
Regular planPGIM India Corporate Bond Fund (Regular)
Category averageCategory average, 21 Corporate Bond funds
Amount invested
20172019202120232025
Direct planPGIM India Corporate Bond Fund (Direct)Regular planPGIM India Corporate Bond Fund (Regular)Category averageCategory average, 21 Corporate Bond fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
PGIM India Corporate Bond Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
79.9%Debt
Asset
Fund
Category
Debt
79.9%
91.2%
Cash and others
20.1%
8.8%
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 21 Corporate Bond funds.
Rating
Fund
Category
Sovereign
6.5%
10.8%
AAA and A1+
66.3%
78.7%
AA
7.1%
1.7%
PGIM India Corporate Bond Fund Portfolio Holdings
As on 30-09-2026 · 21 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
8.2% Aditya Birla Housing Finance Ltd. · Bond
ICRA AAA
5.93%
7.9% Bajaj Housing Finance Ltd. · Bond
CRISIL AAA
5.90%
7.68% National Bank for Agriculture & Rural Development · Bond
CRISIL AAA
5.90%
8.52% Muthoot Finance Ltd. · Bond
CRISIL AA+
5.89%
6.94% Government of India · Government security
SOVEREIGN
5.82%
7.38% Power Finance Corporation Ltd. · Bond
CRISIL AAA
5.79%
6.7% REC Ltd. · Bond
ICRA AAA
5.74%
6.9% Housing & Urban Development Corp Ltd. · Bond
ICRA AAA
5.67%
6.65% Indian Railway Finance Corporation Ltd. · Bond
CRISIL AAA
5.14%
8.7% Shriram Finance Ltd. · Bond
CRISIL AAA
4.77%
8.5% NHPC Ltd. · Bond
FITCH AAA
4.21%
8.87% Export Import Bank of India · Bond
CRISIL AAA
3.67%
8.16% Aditya Birla Capital Ltd. · Bond
ICRA AAA
3.54%
7.37% Indian Railway Finance Corporation Ltd. · Bond
CRISIL AAA
3.52%
7.7% National Bank for Agriculture & Rural Development · Bond
ICRA AAA
2.37%
7.34% Small Industries Development Bank of India · Bond
CRISIL AAA
2.34%
8.535% Muthoot Finance Ltd. · Bond
CRISIL AA+
1.18%
7.51% Small Industries Development Bank of India · Bond
CRISIL AAA
1.18%
7.26% Government of India · Government security
SOVEREIGN
0.72%
8.01% REC Ltd. · Bond
CRISIL AAA
0.60%
SBI CDMDF--A2
0.48%
PGIM India Corporate Bond Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
PGIM India Corporate Bond Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.37%
Expense ratio (Regular)
0.96%
Category
Corporate Bond
Risk
Low to Moderate
Benchmark
CRISIL Corporate Debt A-II Index
Launch date
30-01-2003
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹84.44 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
138330
ISIN (Direct)
INF223J01OO2
Scheme code (Regular)
138318
ISIN (Regular)
INF223J01DB2
NAV history
From 08-03-2016, 10.6 years
Exit load
NIL
Tax on PGIM India Corporate Bond Fund returns
PGIM India Corporate Bond Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹50.9567
30-10-2026
direct
IDCW
₹15.8673
30-10-2026
direct
IDCW
₹14.0174
30-10-2026
direct
IDCW
₹12.5709
30-10-2026
regular
Growth
₹45.313
30-10-2026
regular
IDCW
₹10.2408
30-10-2026
regular
IDCW
₹11.9815
30-10-2026
regular
IDCW
₹11.0273
30-10-2026
About PGIM India Corporate Bond Fund
PGIM India Corporate Bond Fund is a mutual fund from PGIM India Mutual Fund. Its category is Corporate Bond. It was launched on 30-01-2003. Its benchmark is CRISIL Corporate Debt A-II Index. At the end of September 2026 it held 21 securities.
Fund Manager
Puneet Pal
Fund manager of PGIM India Corporate Bond Fund, since 13-12-2017
and Mr. Akhil Dhar
Fund manager of PGIM India Corporate Bond Fund, since 25-02-2026
Frequently Asked Questions for PGIM India Corporate Bond Fund
What is the current NAV of PGIM India Corporate Bond Fund?
The Direct plan NAV is ₹50.9567. The Regular plan NAV is ₹45.313, as on 30-10-2026.
What are the returns of PGIM India Corporate Bond Fund?
The Direct plan returned +3.49% in 1 year, +6.86% a year over 3 years, +6.19% a year over 5 years. The Regular plan returned +2.76% in 1 year, +6.11% a year over 3 years, +5.42% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of PGIM India Corporate Bond Fund?
The Direct plan charges 0.37% a year. The Regular plan charges 0.96% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of PGIM India Corporate Bond Fund?
PGIM India Corporate Bond Fund managed ₹84.44 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of PGIM India Corporate Bond Fund?
At the end of September 2026 the largest holdings were 8.2% Aditya Birla Housing Finance Ltd. (5.93%), 7.9% Bajaj Housing Finance Ltd. (5.90%), 7.68% National Bank for Agriculture & Rural Development (5.90%), 8.52% Muthoot Finance Ltd. (5.89%), 6.94% Government of India (5.82%). The fund held 21 securities in all.
How do I invest in PGIM India Corporate Bond Fund?
Through PGIM India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of PGIM India Corporate Bond Fund?
Puneet Pal (since 13-12-2017), and Mr. Akhil Dhar (since 25-02-2026).
What is the exit load of PGIM India Corporate Bond Fund?
NIL
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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