How to Invest in Principal Credit Risk Fund Direct IDCW Monthly?

You can easily invest in Principal Credit Risk Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Principal Credit Risk Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Principal Credit Risk Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Principal Credit Risk Fund Direct IDCW Monthly provide?

The Principal Credit Risk Fund Direct IDCW Monthly has been there from 02 Jan 2013 and the average annual returns provided by this fund is 12.30% since its inception.

How much expense ratio is charged by Principal Credit Risk Fund Direct IDCW Monthly?

The term Expense Ratio used for Principal Credit Risk Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Principal Credit Risk Fund Direct IDCW Monthly is 0.82% as of 02 Jun 2023...

What is the AUM of Principal Credit Risk Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Principal Credit Risk Fund Direct IDCW Monthly is ₹14.29Cr as of 02 Jun 2023.

How to Redeem Principal Credit Risk Fund Direct IDCW Monthly?

If you want to sell your Principal Credit Risk Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Principal Credit Risk Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Principal Credit Risk Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Principal Credit Risk Fund Direct IDCW Monthly?

The NAV of Principal Credit Risk Fund Direct IDCW Monthly is ₹1,240.42 as of 04 Sep 2020.

What is the PE and PB ratio of Principal Credit Risk Fund Direct IDCW Monthly?

The PE ratio ratio of Principal Credit Risk Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Principal Credit Risk Fund Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

Principal Credit Risk Fund Direct IDCW Monthly
Debt
Credit Risk
Moderate Risk
6.62%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 04 Sep 2020₹1,240.42
Min. SIP amountNot Supported
Rating3
Fund size₹14.29Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns12.3%6.6%7.4%8.0%
Category average6.9%9.8%4.4%NA
Rank with in category17NANA
Understand terms
Holdings (2)NameSectorInstrumentAssets
National Bank For Agriculture & Rural Development
FinancialDebenture15.1%
Reserve Bank of India
FinancialT-Bills0.8%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2020 - Present
0.82%
31 Jul 2020 - 30 Sep 2020
0.85%
30 Jun 2020 - 31 Jul 2020
0.82%
31 May 2020 - 30 Jun 2020
0.80%
30 Apr 2020 - 31 May 2020
0.81%
31 Mar 2020 - 30 Apr 2020
0.78%
29 Feb 2020 - 31 Mar 2020
1.04%
31 Jan 2020 - 29 Feb 2020
1.17%
31 Dec 2019 - 31 Jan 2020
0.93%
30 Nov 2019 - 31 Dec 2019
0.79%
31 Oct 2019 - 30 Nov 2019
0.64%
30 Sep 2019 - 31 Oct 2019
0.57%
31 Aug 2019 - 30 Sep 2019
0.58%
31 Jul 2019 - 31 Aug 2019
0.64%
30 Jun 2019 - 31 Jul 2019
0.64%
31 May 2019 - 30 Jun 2019
0.64%
30 Apr 2019 - 31 May 2019
0.65%
31 Mar 2019 - 30 Apr 2019
0.72%
28 Feb 2019 - 31 Mar 2019
0.86%
31 Jan 2019 - 28 Feb 2019
0.86%
31 Dec 2018 - 31 Jan 2019
0.86%
30 Nov 2018 - 31 Dec 2018
0.42%
31 Oct 2018 - 30 Nov 2018
0.42%
30 Sep 2018 - 31 Oct 2018
0.47%
31 Aug 2018 - 30 Sep 2018
0.47%
31 Jul 2018 - 31 Aug 2018
0.47%
30 Jun 2018 - 31 Jul 2018
0.47%
31 May 2018 - 30 Jun 2018
0.41%
30 Apr 2018 - 31 May 2018
0.41%
31 Mar 2018 - 30 Apr 2018
0.53%
28 Feb 2018 - 31 Mar 2018
0.42%
31 Jan 2018 - 28 Feb 2018
0.41%
31 Dec 2017 - 31 Jan 2018
0.40%
30 Nov 2017 - 31 Dec 2017
0.39%
31 Oct 2017 - 30 Nov 2017
0.31%
Expense ratio, exit load and taxExpense ratio: 0.82%Inclusive of GST
Exit loadExit load of 1%, if redeemed within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementGurvinder Singh Wasan
Jan 2018 - Present
View details
Education
Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
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Fund house & investment objective
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹44,892.36Cr
Date of Incorporation26 Feb 1996
 Principal Credit Risk Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Gurvinder Singh Wasan is the Current Fund Manager of Principal Credit Risk Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹44,892 Cr and the Latest NAV as of 04 Sep 2020 is ₹1,240.42.
The Principal Credit Risk Fund Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to ₹2,000. Exit load of 1%, if redeemed within 1 year.
;
Investment ObjectiveThe Fund seeks to generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities
;
Fund benchmarkNIFTY Credit Risk Bond Index
Scheme Information Document(SID)
Fund house contact details
Address
Sundaram Towers No. 46,,1st& 2nd Floor,Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Website
NA
Sundaram Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Principal Credit Risk Fund Direct IDCW Monthly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	12.3%	6.6%	7.4%	8.0%
Category average	6.9%	9.8%	4.4%	NA
Rank with in category	1	7	NA	NA

Name	Sector	Instrument	Assets
National Bank For Agriculture & Rural Development	Financial	Debenture	15.1%
Reserve Bank of India	Financial	T-Bills	0.8%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹14.29Cr

Principal Credit Risk Fund Direct IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (2)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.82%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Gurvinder Singh WasanJan 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Gurvinder Singh Wasan
Jan 2018 - Present
View details