HomeMutual 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

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Monthly SIP
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For Time Period
5 years
Total investment
₹0
Pre-Tax
Post-Tax
Principal Credit Risk Fund Direct Plan Monthly Dividend Payout Option
₹0
3.40% projected returns
HDFC Credit Risk Debt Fund Direct Plan Quarterly Dividend Payout Option
₹0
8.85% projected returns
ICICI Prudential Credit Risk Fund Direct Plan Half Yearly Dividend Payout
₹0
7.99% projected returns
SBI Credit Risk Fund Direct Plan Dividend Payout
₹0
8.03% projected returns
Aditya Birla Sun Life Credit Risk Fund Direct Plan Bonus
₹0
8.15% projected returns
Kotak Credit Risk Fund Annual Dividend Payout Direct
₹0
8.50% 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
Email
NA
Phone
+912267720512
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

8.91%

AUM

₹6,513 Cr

Expense Ratio

0.97%

HDFC Credit Risk Debt Fund Direct Plan Quarterly Dividend Payout Option  

DebtCredit RiskDirectModerate Risk

1 yr returns

9.77%

AUM

₹6,336 Cr

Expense Ratio

1.13%

SBI Credit Risk Fund Direct Plan Dividend Payout  

DebtCredit RiskDirectModerate Risk

1 yr returns

9.20%

AUM

₹3,714 Cr

Expense Ratio

0.93%

Kotak Credit Risk Fund Annual Dividend Payout Direct  

DebtCredit RiskDirectModerately Low risk

1 yr returns

7.29%

AUM

₹1,861 Cr

Expense Ratio

0.65%

Aditya Birla Sun Life Credit Risk Fund Direct Plan Bonus  

DebtCredit RiskDirectModerate Risk

1 yr returns

9.88%

AUM

₹1,664 Cr

Expense Ratio

1.11%

Principal Credit Risk Fund Direct Plan Monthly ...

NAV

₹1,239.8594

INDmoney Analysis

    error

    Fund is in Bottom 50 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    success

    Fund is in Top 20 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    success

    Fund has high quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Manager

Gurvinder Wasan
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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