Home Mutual FundsPrincipal Credit Risk Fund Direct Plan Monthly Dividend Payout Option

Overview (as on 03 Sep 2020)

NAV

₹1,239.8594

1y returns

4.603%

Fund AUM

₹14 Cr

Expense Ratio

0.82%

Min SIP

₹2,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

Principal Credit Risk Fund Direct Plan Monthly Dividend Payout Option

₹0

4.09% projected returns

HDFC Credit Risk Debt Fund Direct Plan Quarterly Dividend Payout Option

₹0

9.13% projected returns

ICICI Prudential Credit Risk Fund Direct Plan Half Yearly Dividend Payout

₹0

8.30% projected returns

SBI Credit Risk Fund Direct Plan Dividend Payout

₹0

7.70% projected returns

Aditya Birla Sun Life Credit Risk Fund Direct Plan Bonus

₹0

8.99% projected returns

Kotak Credit Risk Fund Annual Dividend Payout Direct

₹0

9.43% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Cash Equivalent

78.77%

Government

14.54%

Corporate

6.70%

Debt Credit Ratings

AAA

100.00%

Key Metrics

Modified Duration

0.33 yr

Average Maturity

0.38 yr

Yield to Maturity

3.44%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
Treps 03-Aug-2020
Low Risk
Cash
77.43%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
CRISIL AAA | Low Risk
Debt
14.54%
Godrej Agrovet Limited
[ICRA]A1+
Debt
6.70%
91 DTB 27082020
Sovereign
Debt
0.87%
Net Receivable / Payable
Low Risk
Cash
0.47%

Fund Details

Investment Objectives

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.

Scheme Name

Principal Credit Risk Fund Direct Plan Monthly Dividend Payout Option

Scheme Document

Click Here

Exit Load

For 0 - 1 Years: 1%

After 1 Years : 0%

Plan Started

01 January, 2013

Fund Manager

Gurvinder Wasan

Fund House Details

Fund House

Principal Asset Management Private Limited

Phone

Address

Principal Pnb Asset Management Co. Pvt. Ltd.,Exchange Plaza, Ground Floor, B Wing,,NSE Building, Bandra Kurla Complex,,Bandra (East)

Peer Funds

ICICI Prudential Credit Risk Fund Direct Plan Half Yearly Dividend Payout

DebtCredit RiskDirectModerate Risk

1 yr returns

7.77%

AUM

₹6,503 Cr

Expense Ratio

0.97%

HDFC Credit Risk Debt Fund Direct Plan Quarterly Dividend Payout Option

DebtCredit RiskDirectModerate Risk

1 yr returns

7.69%

AUM

₹6,181 Cr

Expense Ratio

1.13%

SBI Credit Risk Fund Direct Plan Dividend Payout

DebtCredit RiskDirectModerate Risk

1 yr returns

8.02%

AUM

₹3,765 Cr

Expense Ratio

0.93%

Kotak Credit Risk Fund Annual Dividend Payout Direct

DebtCredit RiskDirectModerately Low risk

1 yr returns

8.02%

AUM

₹1,911 Cr

Expense Ratio

0.67%

Aditya Birla Sun Life Credit Risk Fund Direct Plan Bonus

DebtCredit RiskDirectModerate Risk

1 yr returns

3.84%

AUM

₹1,838 Cr

Expense Ratio

1.01%

Principal Credit Risk Fund Direct Plan Monthly ...

NAV

₹1,239.8594

Name: Principal Credit Risk Fund Direct Plan Monthly Dividend Payout Option
Brand: Principal Asset Management Private Limited
SKU: F00000PD4J
Price: 1239.8594 INR
Availability: InStock
Rating: 3 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Excellent

Fund is in Top 20 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Low

Based on credit rating and modified duration of underlying instruments

Fund Manager

Gurvinder Wasan

Manager

Work Experience

Mr. Wasan is currently a Fund Manager - Debt for Principal Asset Management Private Limited. He has over 14 years of experience in Fixed Income markets, credit analysis and structured finance. Prior to joining Principal, he worked with CRISIL Ltd and ICICI Bank Ltd. Mr. Wasan holds a Master of Commerce degree, is a qualified Chartered Accountant and a CFA Charterholder.

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