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Principal Credit Risk Fund IDCW Monthly+0.04%

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

Fund Details

Principal Credit Risk Fund IDCW Monthly

RiskModerate
Min SIP Amount₹2000
Expense Ratio1.51%
NAV₹1237.10 (04 Sep 2020)
Fund Started14 Sep 2004
Fund Size14 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.5%
5.8%
6.8%
7.8%
Category Average
7.9%
1.7%
3.6%
-
Rank Within Category
1
6
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 11.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y 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. Higher expense ratio - 1.51160025%

Top Holdings

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

Principal Credit Risk Fund IDCW Monthly Details

Principal Credit Risk Fund IDCW Monthly 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 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 ₹1237.10.

The Principal Credit Risk Fund 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.

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
Website
NA
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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