AUM (in crores):
NIFTY Corporate Bond Index
01 Jan 2013
Min. additional investment:
The investment objective of the scheme is to generate optimal returns with high liquidity throughactive management of the portfolio by investing in High Quality Debt and Money Market Instruments.
Performance (As on 12 Aug 2022)
|1 week returns||3 month returns||6 month returns
||1 year returns||3 year returns||5 year returns
||Returns since inception|
||1.64 %||1.44 %
||6.96 %||7.26 %
Top 10 instruments
Government of India (30/10/2034)
5.84% Bajaj Housing Finance Limited (21/02/2024) **
7.20% Sikka Ports and Terminals Limited (16/06/2023) **
8.45% Sikka Ports and Terminals Limited (12/06/2023) **
Net Receivables / (Payables)
Cash & Cash Equivalents and Net Assets
Punjab National Bank (03/10/2022) #
Certificate of Deposit
5.70% Cholamandalam Investment and Finance Company Limited (11/05/2023) **
6.75% Sikka Ports and Terminals Limited (22/04/2026) **
6.72% Power Finance Corporation Limited (09/06/2023)
6.40% Jamnagar Utilities & Power Private Limited (29/09/2026) **
Corporate bond debt funds invest in a variety of debt instruments such as corporate and bank bonds, PSU bonds, and government securities. They invest at least 80% of their portfolio in debt papers rate AA+ and above and portfolios are therefore made up of high-quality instruments. Returns primarily come from interest accrued on bonds held, though some funds with longer maturities may also sometimes earn from bond price appreciation. Average maturities for these funds can vary from short-term to long term.
These funds suit any investor with investment horizons around 3 years and longer. They can be higher-return alternatives to fixed deposits in exchange for a little higher risk, or part of debt allocations of long-term portfolios.
Short-term: Holding period is less than 36 months.
Taxation: Capital gains are taxed at individual’s slab rate
Long-term: Holding period is 36 months or more.
Taxation: Capital gains are taxed at 20% with indexation benefit.
How are mutual funds taxed?