|Min SIP Amount||₹2000|
|NAV||₹3101.12 (14 Aug 2020)|
|Fund Started||14 Sep 2004|
|Fund Size||₹15 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||14.5%|
|Godrej Agrovet Ltd.||FMCG||CP||6.7%|
|Reserve Bank of India||Financial||T-Bills||0.9%|
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 ₹15 Cr and the Latest NAV as of 14 Aug 2020 is ₹3101.12.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.