Fund Details
Principal Credit Risk Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.82% |
| NAV | ₹1240.42 (04 Sep 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹14 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 15.1% |
| Reserve Bank of India | Financial | T-Bills | 0.8% |
Fund Managers
Principal Credit Risk Fund Direct IDCW Monthly Details
Principal Credit Risk Fund Direct IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹14 Cr and the Latest NAV as of 04 Sep 2020 is ₹1240.42.
The Principal Credit Risk Fund Direct IDCW Monthly 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.
Investment Objective
The Fund seeks to generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities
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.
