MonitorDirect · GrowthWatch before adding
PGIM India Corporate Bond Fund
PGIM India Mutual FundDebt Scheme - Corporate Bond Fund10.6 years
The scheme seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds.
- NAV
- 50.9478
- 29 Oct 2026
- 1Y
- +3.4%
- Trailing CAGR
- AUM
- ₹84.44 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Tata Corporate Bond Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
10.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.36% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
45% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Akhil Dhar · 0.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 67.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.4%
- 3Y+6.9%
- 5Y+6.2%
- 10Y+6.8%
- SI+7.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.2%
- 3Y+5.8%
- 5Y+6.3%
- 10Y+6.6%
- Since inception
- +7.1%
- Calendar-day CAGR
- Excess 1Y
- -0.4%
- Category median, same plan and option
- 3Y win rate
- +45%
- Windows beating the median
- 3Y percentile
- 45
- Vs comparable share classes
- SIP 3Y XIRR
- +5.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.1%
- 1852 daily-ending windows
- Median rolling 3Y
- +7.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1366 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.1%
- Worst peak-to-trough
- Current
- -0.6%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +47%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 252 recovered episodes
- Longest recovery
- 54 days
- Trough to prior peak
9 Mar 2020 – 21 Apr 2020
Trough 23 Mar 2020 · recovered in 29 days
-3.1%
9 Apr 2018 – 10 Jul 2018
Trough 17 May 2018 · recovered in 54 days
-1.1%
24 Nov 2016 – 10 Jan 2017
Trough 28 Dec 2016 · recovered in 13 days
-0.9%
23 Apr 2020 – 6 May 2020
Trough 29 Apr 2020 · recovered in 7 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
46
Vs category
48
Consistency
43
Risk-adjusted
65
Drawdown
92
Mean
59
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 23 holdings · top 10 are 67.7%.
- Top 5
- 39.6%
- Top 10
- 67.7%
- Largest holding
- 15.9%
- Effective holdings
- 15.2
Others CBLO
Unspecified
15.9%
ADITYA BIRLA HOUSING FINANCE LIMITED SR K1 8.20 NCD 26FB27 FVRS1LAC
Financial
5.9%
BAJAJ HOUSING FINANCE LIMITED 7.90 NCD 28AP28 FVRS10LAC
Financial
5.9%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR F24 7.68 BD 30AP29 FVRS1LAC
Financial
5.9%
MUTHOOT FINANCE LIMITED OP II 8.52 NCD 26MY28 FVRS1LAC
Financial
5.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Tata Corporate Bond Fund
Tata Mutual Fund
- 1Y
- +3.9%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 0.23
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ICICI Prudential Corporate Bond Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.2%
- 3Y
- +7.0%
- Vol
- 1.2%
- Max DD
- -2.0%
- Sharpe
- 1.71
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Nippon India Corporate Bond Fund
Nippon India Mutual Fund
- 1Y
- +3.9%
- 3Y
- +7.3%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 1.68
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Aditya Birla Sun Life Corporate Bond Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.7%
- Vol
- 1.4%
- Max DD
- -2.4%
- Sharpe
- 1.41
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
TRUSTMF CORPORATE BOND FUND
Trust Mutual Fund
- 1Y
- +4.0%
- 3Y
- +6.6%
- Vol
- 1.3%
- Max DD
- -0.6%
- Sharpe
- 0.63
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns