Principal Credit Risk Fund Direct Growth+0.05%

3
13.43%
1 Year Return
Debt
Credit Risk
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Credit Risk Fund Direct Growth

RiskModerate
Min SIP Amount₹2000
Expense Ratio0.82%
NAV3214.94 (10 Jul 2020)
Fund Started01 Jan 2013
Fund Size14 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Credit Risk Fund Direct Growth
13.4%
6.9%
7.6%
8.1%
Category Average
-3.5%
0.5%
3.7%
-
Rank within category
12
11
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 13.4% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture7.8%
    Hindalco Industries Ltd.MetalsBonds/NCD5.6%
    Reliance Industries Ltd.EnergyNCD5.5%
    Reserve Bank of IndiaFinancialT-Bills0.5%

    Principal Credit Risk Fund Direct Growth Details

    Principal Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Gurvinder Singh Wasan is the Current Fund Manager of Principal Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹14 Cr and the Latest NAV as of 10 Jul 2020 is ₹3214.94.

    The Principal Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 1 year.

    Investment Objective

    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.

    Tax Implications

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1%, if redeemed within 1 year.
    Exit Load

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    About PRINCIPAL Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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