Principal Credit Risk Fund

Principal Credit Risk Fund

Moderate Risk
NAV (as on 13-11-2018)

2807.3469

1 YEAR RETURN (as on 13-11-2018)

5.74%

CAGR since inception (since 14-09-2004)

7.55%

AUM (as on 30-Sep-2018)

73.76 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 13-11-2018
* 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 13-11-2018
* 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.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 13-11-2018
* Benchmark : NIFTY Credit Risk Bond Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 30-Sep-2018
27.64%
AA
23.28%
AAA
12.20%
A1+
9.92%
AA(SO)
8.93%
A
6.68%
A+
6.11%
Cash and Other Assets
4.86%
A(SO)
0.38%
Sovereign
9.92%
9.70% Coastal Gujarat Power Ltd. 25-Aug-2023
8.93%
11.55% Suryoday Small Finance Bank Ltd. 28-Oct-2019
8.73%
8.65% IIFL Home Finance Ltd. 05-Oct-2020
7.79%
Tata Steel Ltd. 17-Oct-2018
6.68%
10.95% Aspire Home Finance Corporation Ltd. 05-Jun-2019
6.11%
Cash & Cash Equivalents
6.09%
8.15% Piramal Enterprises Ltd. 14-Jun-2019
5.64%
9.55% Hindalco Industries Ltd. 25-Apr-2022
5.61%
9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
5.55%
8.10% Reliance Jio Infocomm Ltd. 29-Apr-2019
4.97%
7.60% Vedanta Ltd. 31-May-2019
4.86%
10.35% Ess Kay Fincorp Ltd. 27-Dec-2019
4.43%
8.32% Power Grid Corporation of India Ltd. 23-Dec-2020
4.41%
Cox & Kings Ltd. 22-Nov-2018
3.30%
9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
3.27%
7.50% Power Finance Corporation Ltd. 17-Sep-2020
2.21%
8.13% Piramal Enterprises Ltd. 27-Jun-2019
1.12%
8.55% Indian Railway Finance Corporation Ltd. 15-Jan-2019
0.38%
91 DAY T-BILL 15-Nov-2018

Benchmark

NIFTY Credit Risk Bond Index

Horizon

2-3 years

Age

14 Yrs 60 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

plans

Regular Plan and Direct Plan

expense ratio

options

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

OTHER DETAILS

Exit Load:
If redeemed on or before 1 year from the date of allotment - 1%.
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

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

Scheme Document & Forms

Fact Sheet

KIM

Application Form