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

We don't give personal investment advice. PGIM India Corporate Bond Fund - 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: 8.5%. 5-year CAGR: -1.67%.

PGIM India

PGIM India Corporate Bond Fund - Monthly Dividend

Latest NAV

₹12.3281

As of

3 Jun 2026

2,475 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%	-0.01%	+0.09	3 / 33	Q1
1W	-0.35%	-2.82%	+2.46	31 / 34	Q4
2W	-0.25%	-2.65%	+2.39	31 / 34	Q4
1M	-0.53%	-2.64%	+2.11	32 / 34	Q4
3M	-2.35%	-3.25%	+0.90	30 / 34	Q4
6M	-3.91%	-3.40%	-0.51	29 / 32	Q4
YTD	-3.40%	-3.19%	-0.22	29 / 32	Q4
1Y	-4.64%	-2.67%	-1.97	31 / 32	Q4
2Y	-2.37%	-1.54%	-0.83	29 / 30	Q4
3Y	-1.90%	-1.77%	-0.13	29 / 30	Q4
4Y	-1.44%	-1.99%	+0.55	28 / 29	Q4
5Y	-1.67%	-2.79%	+1.12	23 / 26	Q4
7Y	-0.69%	-2.84%	+2.15	20 / 24	Q4
10Y	-0.82%	+1.48%	-2.30	20 / 22	Q4
Inception	-0.77%	-0.76%	-0.01	33 / 34	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	-3.40%	-0.76%	-2.65	19 / 21
2025	-1.28%	+2.87%	-4.16	21 / 21
2024	+0.04%	+2.38%	-2.34	17 / 21
2023	-0.60%	+1.19%	-1.79	16 / 21
2022	-2.14%	-0.52%	-1.62	17 / 22
2021	-1.14%	-0.19%	-0.94	16 / 22
2020	+3.30%	+3.13%	+0.17	8 / 24
2019	+1.58%	+2.92%	-1.35	9 / 25
2018	-3.20%	+1.55%	-4.76	24 / 25
2017	-2.72%	+1.65%	-4.37	25 / 25
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

-0.66%

113 windows

min -4.6% · max 3.5%

35% positive

3-Year rolling

-0.45%

89 windows

min -1.9% · max 1.3%

28% positive

5-Year rolling

-0.40%

64 windows

min -1.7% · max 0.2%

22% positive

7-Year rolling

-0.43%

40 windows

min -0.9% · max 0.0%

3% 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

1.16%

3-year · annualised

Sharpe ratio

-7.27

vs risk-free 6.5%

Sortino ratio

-6.97

Downside-only deviation

Max drawdown

-6.07%

Apr 2025 → Jun 2026

% positive months

27.8%

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	HDFC	₹20.3364	3 Jun 2026
NIPPON INDIA CORPORATE BOND FUND - IDCW Option	Nippon India	₹19.9635	3 Jun 2026
ICICI Prudential Corporate Bond Fund -Quarterly IDCW	ICICI Prudential	₹11.1946	3 Jun 2026
Templeton India Income Builder Account-Dividend	Franklin Templeton	₹16.6818	3 Jun 2026
BARODA BNP PARIBAS Corporate Bond Fund - Defunct Plan - Annual-IDCW Option	Baroda BNP Paribas	₹11.9666	3 Jun 2026
PGIM India Corporate Bond Fund - Annual Dividend	PGIM India	₹10.0824	3 Jun 2026
Birla Sun Life Income Fund-Plan B(Growth)	Birla Sun Life	₹116.7625	3 Jun 2026
Reliance Medium Term Fund- Daily Dividend Plan	Reliance	₹17.0749	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.3281
2 Jun 2026	₹12.3317
1 Jun 2026	₹12.3211
29 May 2026	₹12.3933
27 May 2026	₹12.3840
26 May 2026	₹12.3756
25 May 2026	₹12.3732
22 May 2026	₹12.3520
21 May 2026	₹12.3413
20 May 2026	₹12.3517

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 - Monthly Dividend is ₹12.3281. It's a Corporate Bond Fund from PGIM India, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Corporate Bond Fund - 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 - 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 - Monthly Dividend has delivered a absolute return of -4.64% — -1.97 pp behind the Corporate Bond Fund category average of -2.67%. The fund ranks #31 of 32 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, PGIM India Corporate Bond Fund - Monthly Dividend has delivered a CAGR of -1.90% — -0.13 pp behind the Corporate Bond Fund category average of -1.77%. The fund ranks #29 of 30 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, PGIM India Corporate Bond Fund - Monthly Dividend has delivered a CAGR of -1.67% — +1.12 pp ahead of the Corporate Bond Fund category average of -2.79%. The fund ranks #23 of 26 in its category — the bottom (Q4) quartile.

₹1 lakh invested in PGIM India Corporate Bond Fund - Monthly Dividend exactly 10 years ago would be worth approximately ₹92,061 today — a multiplier of 0.92×, based on the 10-year CAGR of -0.82%. The category average over the same window would have grown ₹1 lakh to ₹115,824.

A ₹10,000 monthly SIP in PGIM India Corporate Bond Fund - Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹569,301 today. That's an XIRR (money-weighted annualised return) of -2.06%.

A ₹10,000 monthly SIP for 10 years in PGIM India Corporate Bond Fund - Monthly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,127,785 (multiplier 0.94×). XIRR: -1.24%. 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 - Monthly Dividend ranks #23 out of 26 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 -2.79%; this fund delivered -1.67%.

The worst peak-to-trough decline PGIM India Corporate Bond Fund - Monthly Dividend has experienced over the last 5-year window is 8.54% — its NAV fell from a high on 14 Jun 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 - Monthly Dividend averaged -0.40% (best 0.19%, worst -1.67%). 22% of rolling windows ended positive. The 5-year Sharpe ratio is -7.34 — negative risk-adjusted performance.

In calendar year 2025, PGIM India Corporate Bond Fund - Monthly Dividend returned -1.28% — lagging the Corporate Bond Fund category average of 2.87% by 4.16 pp. It ranked #21 of 21 in its category that year.

PGIM India Corporate Bond Fund - 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 - 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: 8.5%. 5-year CAGR: -1.67%.

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