Principal Credit Risk Fund Dividend Monthly+0.03%

2Groww
0.03%
1 Year Return
Debt
Credit Risk
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Credit Risk Fund Dividend Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.66%
NAV1177.3 (23 Aug 2019)
Fund Started14 Sep 2004
Fund Size80 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Credit Risk Fund Dividend Monthly
0.0%
4.8%
6.5%
7.1%
Category Average
0.7%
4.6%
7.7%
-
Rank within category
14
13
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
    30
    with 0.0% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    Coastal Gujarat Power Ltd.EngineeringNCD11.3%
    Suryoday Small Finance Bank Ltd.FinancialBonds/NCD10.0%
    IIFL Home Finance Ltd.FinancialBonds/NCD9.7%
    Hindalco Industries Ltd.MetalsBonds/NCD6.5%
    Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture6.3%
    Steel Authority Of India Ltd.MetalsBonds6.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.2%
    Power Grid Corporation of India Ltd.EnergyBonds5.1%
    Power Finance Corpn. Ltd.FinancialBonds4.7%
    National Housing BankFinancialDebenture4.5%
    See All

    Other Details

    Principal Credit Risk Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 14 Sep 2004. Gurvinder Singh Wasan is the Current Fund Manager of Principal Credit Risk Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹80 Cr and the Latest NAV as of 23 Aug 2019 is ₹1177.3.

    The Principal Credit Risk Fund Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed within 180 days, 1% if redeemed after 180 days but within 365 days..

    Investment Objective

    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.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 3% if redeemed within 180 days, 1% if redeemed after 180 days but within 365 days.
    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
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹2,000
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    + ₹20,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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