Fund Details
Principal Credit Risk Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.51% |
| NAV | ₹3105.32 (04 Sep 2020) |
|---|---|
| Fund Started | 14 Sep 2004 |
| Fund Size | ₹14 Cr |
Returns
Comparison
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
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
| 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 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.
