|Min SIP Amount||₹2000|
|NAV||₹3231.01 (04 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹14 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||15.1%|
|Reserve Bank of India||Financial||T-Bills||0.8%|
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 04 Sep 2020 is ₹3231.01.
The Principal Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 200000. Exit load of 1%, if redeemed within 1 year.
The Fund seeks to generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.