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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹2000 & Lump. ₹5000

AUM (Fund size)

₹14 Cr

Lock In Period

N/A

Expense Ratio

1.5

Benchmark

NIFTY Credit Risk Bond Index

Exit Load

1% for redemption within 365 days.

Summary

Latest details for Principal Credit Risk Fund Growth include a ₹3105.3182 NAV as of Sep 04,2020 and returns since inception of 18.35%. Minimum investments start at SIP ₹2000. The Principal Credit Risk Fund Growth AUM is ₹14 Cr, with a lock-in of N/A years, expense ratio of 1.5%, and benchmark NIFTY Credit Risk Bond Index. Exit load is - 1% for redemption within 365 days.. In the growth review for 1M Month/Year, the fund recorded 0.18% returns, against a category average of 2.81% and a category best of 298.36%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.182.81298.36
6M7.931.75316.37
1Y11.515.64340.03
3Y5.7817.8077.02

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2020-08-31
View allocation % by

1. TREPS 01-Sep-202083.52%
2. 182 DAY T-BILL 12-Nov-20200.83%
3. Net Receivable / Payable0.56%

1. 8.50% National Bank for Agriculture and Rural Development 31-Jan-202315.09%

About Fund

Principal Credit Risk Fund Growth managed by Principal Mutual Fund,is a Credit Riskscheme with Assets Under Management of ₹14 Crore. The fund benchmarks its performance against the NIFTY Credit Risk Bond Index while maintaining an expense ratio of 1.5. Under the expert guidance of Gurvinder Singh Wasan ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Gurvinder Singh Wasan

Mr. Gurvinder is a CA, Chartered Financial Analyst from CFA Institute USA (Charter awaited) and Master of Commerce from Mumbai University. Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundPGIM India Credit Risk Fund Growth0145.89 CR1.73
This FundPrincipal Credit Risk Fund Growth014.29 CR1.5
This FundAditya Birla Sun Life Credit Risk Fund Growth41197.37 CR1.66
This FundDSP Credit Risk Fund Growth0227.03 CR1.23
Fund Name1Y3Y
This FundPGIM India Credit Risk Fund Growth8.43179.1752
This FundPrincipal Credit Risk Fund Growth11.507218.3492
This FundAditya Birla Sun Life Credit Risk Fund Growth12.135640.3416
This FundDSP Credit Risk Fund Growth10.555955.8822

FAQs

Principal Credit Risk Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Principal Credit Risk Fund Growth is 1.5. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Principal Credit Risk Fund Growth’s fund performance is as follows:
  • 1 Month : 0.18%
  • 6 Months : 7.93%
  • 1 Year : 11.51%
  • 3 Years : 5.78%
Returns of Principal Credit Risk Fund Growth are updated daily based on NAV of ₹ 3105.3182 as on Sep 04,2020. Since inception, the return has been 18.35%.

You can invest in Principal Credit Risk Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Principal Credit Risk Fund Growth is ₹14 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Principal Credit Risk Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500