Principal Credit Risk Fund Direct Dividend Monthly 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 Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹80 Cr and the Latest NAV as of 23 Aug 2019 is ₹1183.3.
The Principal Credit Risk Fund Direct Dividend Monthly 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..
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 3% if redeemed within 180 days, 1% if redeemed after 180 days but within 365 days.
Exit Load