Should I invest in PGIM India Corporate Bond Fund - Monthly Dividend?

We don't give personal investment advice. PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.6%. 5-year CAGR: -1.23%.

PGIM India

PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend

Latest NAV

₹14.4011

As of

3 Jun 2026

2,376 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.09%	+14.97%	-14.88	7 / 72	Q1
1W	-0.34%	+15.14%	-15.48	70 / 72	Q4
2W	-0.23%	+15.28%	-15.51	69 / 72	Q4
1M	-0.48%	+15.20%	-15.67	69 / 72	Q4
3M	-2.23%	+14.82%	-17.05	61 / 72	Q4
6M	-3.69%	+15.94%	-19.63	63 / 71	Q4
YTD	-3.23%	+15.04%	-18.27	63 / 71	Q4
1Y	-4.25%	+17.89%	-22.15	68 / 71	Q4
2Y	-2.04%	+5.94%	-7.99	69 / 71	Q4
3Y	-1.49%	+2.32%	-3.81	65 / 66	Q4
4Y	-0.99%	+2.56%	-3.55	60 / 61	Q4
5Y	-1.23%	+1.49%	-2.72	50 / 52	Q4
7Y	-0.33%	+1.91%	-2.24	45 / 50	Q4
10Y	-0.78%	+1.54%	-2.33	30 / 31	Q4
Inception	-0.70%	+6.36%	-7.06	65 / 67	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-3.23%	-0.52%	-2.71	51 / 58
2025	-1.07%	+3.04%	-4.11	59 / 61
2024	+0.50%	+3.39%	-2.89	44 / 62
2023	+0.03%	+2.73%	-2.70	46 / 60
2022	-1.60%	+19.77%	-21.37	53 / 61
2021	-0.86%	-1.89%	+1.03	31 / 54
2020	+3.46%	+4.23%	-0.77	23 / 50
2019	+1.88%	+2.75%	-0.87	25 / 47
2018	-6.52%	+1.54%	-8.06	37 / 37
2017	-2.10%	+1.60%	-3.70	31 / 33
2016	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

-0.44%

107 windows

min -16.4% · max 10.5%

52% positive

3-Year rolling

-0.42%

86 windows

min -2.6% · max 4.8%

31% positive

5-Year rolling

-0.30%

61 windows

min -1.2% · max 2.5%

38% positive

7-Year rolling

-0.36%

37 windows

min -1.0% · max 1.8%

27% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.15%

3-year · annualised

Sharpe ratio

-6.97

vs risk-free 6.5%

Sortino ratio

-7.10

Downside-only deviation

Max drawdown

-5.72%

Apr 2025 → Jun 2026

% positive months

33.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Corporate Bond Fund

Scheme	Fund house	NAV	As of
HDFC Corporate Bond Fund - IDCW Option - Direct Plan	HDFC	₹21.0823	3 Jun 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹17.0800	3 Jun 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.6984	3 Jun 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	3 Jun 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,216.0142	3 Jun 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.3094	3 Jun 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.4102	3 Jun 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW	Franklin India	₹18.7176	3 Jun 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.5152	3 Jun 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.7888	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹14.4011
2 Jun 2026	₹14.4050
1 Jun 2026	₹14.3924
29 May 2026	₹14.4759
27 May 2026	₹14.4645
26 May 2026	₹14.4544
25 May 2026	₹14.4514
22 May 2026	₹14.4258
21 May 2026	₹14.4131
20 May 2026	₹14.4250

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend is ₹14.4011. It's a Corporate Bond Fund from PGIM India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend has NAV history starting from 08 Mar 2016, a track record of about 10 years 2 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend is managed by PGIM India. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend has delivered a absolute return of -4.25% — -22.15 pp behind the Corporate Bond Fund category average of 17.89%. The fund ranks #68 of 71 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend has delivered a CAGR of -1.49% — -3.81 pp behind the Corporate Bond Fund category average of 2.32%. The fund ranks #65 of 66 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend has delivered a CAGR of -1.23% — -2.72 pp behind the Corporate Bond Fund category average of 1.49%. The fund ranks #50 of 52 in its category — the bottom (Q4) quartile.

₹1 lakh invested in PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend exactly 10 years ago would be worth approximately ₹92,436 today — a multiplier of 0.92×, based on the 10-year CAGR of -0.78%. The category average over the same window would have grown ₹1 lakh to ₹116,548.

A ₹10,000 monthly SIP in PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹575,299 today. That's an XIRR (money-weighted annualised return) of -1.65%.

A ₹10,000 monthly SIP for 10 years in PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend = ₹1,150,000 invested. It would currently be worth ₹1,094,358 (multiplier 0.95×). XIRR: -1.01%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend ranks #50 out of 52 funds in the Corporate Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.49%; this fund delivered -1.23%.

The worst peak-to-trough decline PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend has experienced over the last 5-year window is 6.55% — its NAV fell from a high on 21 Sep 2021 to a low on 01 Jun 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend averaged -0.30% (best 2.51%, worst -1.23%). 38% of rolling windows ended positive. The 5-year Sharpe ratio is -6.98 — negative risk-adjusted performance.

In calendar year 2025, PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend returned -1.07% — lagging the Corporate Bond Fund category average of 3.04% by 4.11 pp. It ranked #59 of 61 in its category that year.

PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. PGIM India Corporate Bond Fund - Direct Plan - Monthly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.6%. 5-year CAGR: -1.23%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.