fbpx

CORPORATE BOND FUNDS – An Attractive Option

0 42

best corporate bond funds

Corporate Debt Funds  In Detail 

A corporate bond fund is a mutual fund that invests more than 80% of their (total) financial resources in corporate bonds. Also, business organizations sell corporate funds for funding the short expenses, such as advertising, insurance premium payments, working capital needs, etc.  

Who Should Invest? 

Corporate Debt mutual funds are ideal for investors looking for risk-averse, high and better returns on their investments. Generally, the time-period of these funds are in-between 1 & 4 years, alongside liquidity of the investor.  

Benefits & Features of Corporate Bond Funds 

Here: 

  • Corporate bond funds ensure high returns as compared to other debt instruments available in the market.  
  • Corporate bond funds can be sold and obtained as per the wish of the investor; thus, the liquidity variation is good. 
  • Like said, corporate bond funds have lower risk as compared to shares, thus, it is quite secure.  
  • Risk attached with corporate bond mutual fund depends on its own fund portfolio. If the fund manager chooses high-rated agencies, then the company’s risk factor is less.  

Top 5 Corporate Bond Funds as per Gulaq 

Here: 

  • Invesco India Corporate Bond FundIt is a debt mutual fund that was launched by Invesco mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Sujoy K. Das. Talking about AUM, it is of INR 1059 Cr, and the latest NAV is of INR 1359.89 (dated as 24th Feb 2020).  
  • Franklin India Corporate Debt FundIt is a debt mutual fund that was launched by Franklin Templeton mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Santosh Kamath, and Sumit Gupta. Talking about AUM, it is of INR 1436 Cr, and the latest NAV is of INR 20.19. The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 500, and lumpsum investment is INR 10000. 
  • L&T Triple Ace Bond FundIt is a debt mutual fund scheme that was launched by L&T mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Jalpan Shah, and Shriram Ramanathan. Talking about AUM, it is of INR 2474 Cr, and the latest NAV is of INR 54.98. The fund growth is rated moderate risk. Also, the minimum SIP investment amount is INR 1000, and lumpsum investment is INR 10000. 
  • Kotak Corporate Bond FundIt is a debt mutual fund scheme that was launched by Kotak Mahindra mutual fund. Later on, it was introduced on 11th Jan 2013 to its investors. Currently, the fund is managed by Deepak Agrawal. Talking about AUM, it is of INR 4523 Cr, and the latest NAV is of INR 2751.04. The fund growth is rated moderately low risk. Also, the minimum SIP investment is INR 1000, and lumpsum investment is INR 5000.  
  • Sundaram Corporate Bond FundIt is a debt mutual fund scheme that was launched by Sundaram mutual fund. Later on, it was introduced on 13th May 2013 to its investors. Currently, the fund is managed by Sandeep Agarwal, and Dwijendra Srivastava. Talking about AUM, it is of INR 997 Cr, and the latest NAV is of INR 29.31. The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 500, and lumpsum investment is INR 5000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]  or Whatsapp +91-9818894632

investmentin5minutes

No votes yet.
Please wait...
Voting is currently disabled, data maintenance in progress.

Leave a Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept