Principal Credit Risk Fund

Principal Credit Risk Fund

NAV

(as on 13-11-2019)

2915.1484

3 YRS CAGR

(as on 13-11-2019)

5.28%

CAGR since inception

(since 01-01-2013)

7.36%

AUM

(as on 31-Oct-2019)

44.71 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 13-11-2019
* Benchmark : NIFTY Credit Risk Bond Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 13-11-2019
* Benchmark : NIFTY Credit Risk Bond Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

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Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 13-11-2019
* Benchmark : NIFTY Credit Risk Bond Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 31-Oct-2019
As on 31-Oct-2019
% to NET Assets
Name
29.33%
TREPS 01-Nov-2019
15.33%
8.65% IIFL Home Finance Ltd. 05-Oct-2020
11.55%
9.55% Hindalco Industries Ltd. 25-Apr-2022
11.37%
9.70% Coastal Gujarat Power Ltd. 25-Aug-2023
11.19%
8.60% Steel Authority of India Ltd. 19-Nov-2019
7.27%
Cash & Cash Equivalents
4.69%
8.50% National Bank for Agriculture and Rural Development 31-Jan-2023
4.45%
Hero Cycles Ltd. 26-Nov-2019
3.35%
7.00% Reliance Industries Ltd. 31-Aug-2022
1.31%
10.35% Ess Kay Fincorp Ltd. 27-Dec-2019
0.16%
364 DAY T-BILL 09-Jan-2020

Benchmark

NIFTY Credit Risk Bond Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

2-3 years

Age

6 Yrs 316 Days

Performance

Suitable for

1. Income over a medium to long term investment horizon.
2. Investment in AA and below Rated Corporate Debt and other Debt and Money Market Instruments.

Investment Objective

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.

WHY INVEST IN Principal Credit Risk Fund?

• The fund seeks to generate higher accrual.
• It is suitable for investors looking for capital appreciation with a higher appetite for credit.
• Short term duration ensures lower volatility from interest rate changes.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plans offer dividend and growth option. | Dividend Frequency - Monthly

OTHER DETAILS

Exit Load:

3% if redeemed on or before 180 days from the date of allotment.
1% if redeemed after 180 days and on or before 365 days from the date of allotment.
Nil if redeemed after 365 days from the date of allotment.

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 2000*
STP - Rs 1000*
RWP - Rs 500*
*6 installments each

Cut Off Time

3.00 p.m. In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 3.00 p.m. and receipt of application (duly time stamped).

fund manager

Gurvinder Singh Wasan Principal Corporate Bond Fund Manager

Gurvinder Singh Wasan

Gurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He h...
funds managed