Principal Credit Risk Fund Growth+0.04%

11.51%
1 Year Return
Debt
Credit Risk
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Credit Risk Fund Growth

RiskModerate
Min SIP Amount₹2000
Expense Ratio1.51%
NAV3105.32 (04 Sep 2020)
Fund Started14 Sep 2004
Fund Size14 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Credit Risk Fund Growth
11.5%
5.8%
6.8%
7.3%
Category Average
-0.1%
0.9%
3.7%
-
Rank within category
1
6
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 11.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Age is more than 10 years
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. 10Y 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
    3. Risk is higher compared to the benchmark
    4. Higher expense ratio
    5. 1Y Returns are lower than the benchmark
    6. 3Y Returns are lower than the benchmark
    7. 5Y Returns are lower than the benchmark
    8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    9. Risk-adjusted returns are lower compared to the category
    10. Higher expense ratio - 1.51%

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture15.1%
    Reserve Bank of IndiaFinancialT-Bills0.8%

    Principal Credit Risk Fund Growth Details

    Principal Credit Risk Fund Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 14 Sep 2004. Gurvinder Singh Wasan is the Current Fund Manager of Principal Credit Risk Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹14 Cr and the Latest NAV as of 04 Sep 2020 is ₹3105.32.

    The Principal Credit Risk Fund 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.

    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.

    Scheme Information Document(SID)

    ₹200000
    Min for First Investment
    ₹200000
    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
    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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