Principal Credit Risk Fund - Growth - Direct Plan

This Scheme Principal Credit Risk Fund - Growth - Direct Plan is Merged with Principal Short Term Debt Fund - Growth - Direct Plan
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  • Net Change on 04-09-2020

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Principal Credit Risk Fund - Direct Plan - Growth Option 2.83 57.49 12.27 6.62 7.43 7.99
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Corporate Bond Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Credit Risk Fund - Direct Plan - Growth Jan 02, 2013 8.73 9.56 8.86 0.97 6,503.11
HDFC Credit Risk Debt Fund - Direct Option - Growth Option Mar 25, 2014 10.76 9.91 8.71 1.13 6,180.76
SBI CREDIT RISK FUND - DIRECT PLAN -GROWTH Jan 02, 2013 8.10 8.35 7.92 0.93 3,764.57
Franklin India Credit Risk Fund - Direct - Growth Jan 01, 2013 Unrated 16.66 6.03 7.06 0.06 3,375.75
Kotak Credit Risk Fund - Growth - Direct Jan 01, 2013 Unrated 7.78 8.52 8.08 0.85 1,911.13

Fund Holdings as on 31-August-2020

  • TREPS 01-Sep-2020

  • 8.50% National Bank for Agriculture and Rural Development 31-Jan-2023

  • 182 DAY T-BILL 12-Nov-2020

  • Net Receivable / Payable

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  • Miscellaneous

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Fund Manager

  • Education:CA, Chartered Financial Analyst from CFA Institute USA (Charter awaited) & M. Com
  • Experience:7 Years
  • Basic Details:Mr. Wasan has more than 7 years of experience Fixed Income Markets, Credit Analysis and Structured Finance. Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
  • Funds Managed:
  • Principal Equity Savings Fund
  • Principal Short Term Debt Fund
  • Cash

  • CRISIL AAA

  • Sovereign

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About Principal Credit Risk Fund

Scheme Analysis

Principal Credit Risk Fund is a Debt - Credit Risk Fund fund and belongs to Principal Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹14.29 crore. Principal Credit Risk Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of Principal Credit Risk Fund ended up ₹1.47(0.05%)yesterday to ₹3231.0113.

Among its top 3 holdings the fund has exposure to TREPS 01-Sep-2020, and

The Principal Credit Risk Fund is managed by Gurvinder Singh Wasan .

Fund House Contact

Level 7, Parinee Crescenzo, Plot no C-38/39, G Block, Bandra Kurla Complex, Bandra(East) Mumbai - 400 051

+91 (22) 67720555
+91 (22) 67720512