Principal Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Gurvinder Singh Wasan is the Current Fund Manager of Principal Credit Risk Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 22 Nov 2019 is ₹2921.20.
The Principal Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed within 180 days, 1% if redeemed after 180 days but within 365 days..
To generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 3% if redeemed within 180 days, 1% if redeemed after 180 days but within 365 days.