Principal Credit Risk Fund Dividend Monthly+0.06%

2Groww
0.41%
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 Ratio1.59%
NAV1188.54 (22 Oct 2019)
Fund Started14 Sep 2004
Fund Size56 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Credit Risk Fund Dividend Monthly
0.4%
4.6%
6.3%
7.1%
Category Average
0.6%
4.1%
7.2%
-
Rank within category
13
11
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 0.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    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

    Top Holdings

    NameSectorInstrument% Assets
    Suryoday Small Finance Bank Ltd.FinancialBonds/NCD14.2%
    IIFL Home Finance Ltd.FinancialBonds/NCD12.1%
    Hindalco Industries Ltd.MetalsBonds/NCD9.2%
    Coastal Gujarat Power Ltd.EngineeringNCD8.9%
    Steel Authority Of India Ltd.MetalsBonds8.9%
    Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture8.9%
    National Housing BankFinancialDebenture6.4%
    Hero Cycles Ltd.FMCGCP3.5%
    Reliance Industries Ltd.EnergyNCD2.6%
    Ess Kay Fincorp Ltd.FinancialDebenture1.6%
    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 ₹56 Cr and the Latest NAV as of 22 Oct 2019 is ₹1188.54.

    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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