CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
PRPrincipal MFIDCW

Principal Credit Risk Fund - Monthly Dividend Reinvestment

debtDebt - Credit Risk FundBenchmark: NIFTY Credit Risk Bond Index
NAV · 04 Sep 2020₹1,237.10+0.04%
AUM₹14 Crfrom this fund's primary plan
Expense Ratio1.51%
CAGR—
Exit Load1% on or before 1Y
Min SIP₹2,000from this fund's primary plan
Launched2004

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 across the credit spectrum within the investment grade.

Fund Mandate

Investments in Corp Debt (AA and below rated instruments) including, Securitised Debt65%–100%
Other Debt and MMI and units of Liquid/ Money Market/ Debt MF0%–35%
Units issued by REITs & InvITs0%–10%
Asset Allocation
Debt15.9%
Cash & Equivalents84.1%
Fund Managers
GS
Gurvinder Singh Wasan
Fund Manager
Key Information
1.51%
₹2,000from this fund's primary plan
₹5,000
1% on or before 1Y
Nil
Inception14 Sep 2004
AMCPrincipal MF
Top Holdings As of 31 Aug 2020 · disclosed on this fund's primary plan
1TREPS 01-Sep-2020Miscellaneous83.52%
28.50% National Bank for Agriculture and Rural Development 31-Jan-2023Bank15.09%
3182 DAY T-BILL 12-Nov-2020G-Sec0.83%
4Net Receivable / PayableOthers0.55%
Sector Allocation
Miscellaneous83.5%
Bank15.1%
G-Sec0.8%
Others0.6%
On This Page
NAV growthAsset allocationTop holdings
Similar Funds
Bank of India Credit Risk Fund - Growth - Direct PlanBank of India MF+17.89%Bank of India Credit Risk Fund - Regular Plan - GrowthBank of India MF+17.44%Aditya Birla Sun Life Liquid Fund - Institutional Plan - Weekly IDCWAditya Birla SL MF+12.89%Aditya Birla Sun Life Credit Risk Fund - Bonus - Direct PlanAditya Birla SL MF+12.48%Aditya Birla Sun Life Credit Risk Fund - Growth - Direct PlanAditya Birla SL MF+12.48%
Compare With

Bank of India Credit Risk Fund - Growth - Direct Plan and 4 more peers in this category.

Build comparison
Latest News

No recent news found for Principal Credit Risk Fund - Monthly Dividend Reinvestment.

Principal MF Latest News

Trailing Returns
PeriodReturns
1 Day+0.04%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.51%
1% on or before 1Y
Nil
₹2,000from this fund's primary plan
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme