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Principal Credit Risk Fund

Principal Credit Risk Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.77

as on 04 Sep 2020

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,834 today.

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NAV Performance

Principal Credit Risk Fund performance graph for last 3 years
Performance of Principal Credit Risk Fund for last 3 Years

Fund Information

  • ₹ 3,105.318

    as on 04 Sep 2020
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 14 Cr.

    as on 04 Sep 2020
  • 0.85%

    since 31 Jul 2020
  • 02 Jan 2013

  • Debt - Credit Risk Fund

  • CRISIL 10 Year Gilt Index

  • principal mutual fund

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Highlights of this fund

Principal Credit Risk Fund is an Open-ended Debt Fund. The fund belongs to Credit Risk Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) principal mutual fund. You can also view here all other Debt funds offered by principal mutual fund.

Latest NAV of the fund is ₹ 3,105.318 as on 04 Sep 2020.

This fund has 8 years of track record. Since 31 Jul 2020 expense ratio of this fund is 0.85%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 2,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

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.

List of Fund Managers of Principal Credit Risk Fund

  • About Gurvinder Singh Wasan

    Picture of Gurvinder Singh WasanGurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He brings with him over 15 years of work experience in Fixed Income markets, credit analysis and structured finance. Prior to joining Principal Mutual Fund, he worked with CRISIL Limited and ICICI Bank Limited. Wasan holds a post-graduate degree in Commerce (Masters in Commerce). He is a Chartered Accountant (CA) and a CFA (from CFA institute USA) as well.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.45% 1.27% 14.31% 7.94% 15.83% 9.82% 9.24% 8.46% 8.77% 15.86% 10.18% 9.80% 8.62% 8.62%
Category Average 0.22% 0.60% 2.94% 3.42% 8.42% 3.88% 3.90% 5.08% 7.60% 7.73% 5.32% 4.38% 4.10% 6.71%
Principal Credit Risk Fund 0.15%₹ 10,014 0.18%₹ 10,017 14.31%₹ 11,430 7.94%₹ 10,794 - - - - - - - - - -
HDFC Credit Risk Debt Fund 0.26%₹ 10,026 1.12%₹ 10,111 3.04%₹ 10,304 4.06%₹ 10,405 12.86%₹ 11,285 10.58%₹ 12,674 9.82%₹ 12,063 10.18%₹ 26,589 9.24%₹ 13,044 9.80%₹ 41,714 8.36%₹ 14,940 8.62%₹ 74,556 - -
ICICI Prudential Credit Risk Fund 0.43%₹ 10,042 1.27%₹ 10,127 2.70%₹ 10,269 3.59%₹ 10,358 10.24%₹ 11,024 8.97%₹ 12,573 9.47%₹ 11,986 9.23%₹ 26,342 8.96%₹ 12,944 9.21%₹ 41,354 8.46%₹ 15,011 8.55%₹ 74,427 8.77%₹ 23,202 8.62%₹ 1,87,358
SBI Credit Risk Fund 0.24%₹ 10,023 0.81%₹ 10,080 2.14%₹ 10,213 2.58%₹ 10,257 9.07%₹ 10,906 7.41%₹ 12,474 7.96%₹ 11,657 7.99%₹ 26,022 7.71%₹ 12,504 7.79%₹ 40,498 7.49%₹ 14,354 7.33%₹ 72,198 8.76%₹ 23,166 8.20%₹ 1,83,237
Kotak Credit Risk Fund 0.32%₹ 10,031 0.72%₹ 10,072 2.45%₹ 10,245 3.10%₹ 10,310 9.34%₹ 10,934 7.38%₹ 12,472 7.37%₹ 11,530 7.10%₹ 25,795 7.51%₹ 12,434 7.32%₹ 40,215 7.48%₹ 14,345 7.13%₹ 71,827 - -
IDFC Credit Risk Fund 0.28%₹ 10,027 0.72%₹ 10,072 2.14%₹ 10,213 2.35%₹ 10,234 7.27%₹ 10,726 6.21%₹ 12,398 7.19%₹ 11,492 6.61%₹ 25,670 7.42%₹ 12,404 7.13%₹ 40,101 - - - -

Portfolio Holdings

Portfolio holdings pattern of Principal Credit Risk Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    15.92%
  • Others Holdings:

    84.08%

Top Debt Instrument Type holdings of Principal Credit Risk Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 15.09% ₹ 2.16 Cr.
T-Bills 0.83% ₹ .12 Cr.
Others 84.08% -

Top Debt Holdings of Principal Credit Risk Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - National Bank for Agriculture & Rural Development 15.09% ₹ 2.16 Cr.
Bond - T-Bill 0.83% ₹ .12 Cr.
Others 84.08%

Other Holdings

Holding TypeHolding Percentage
TREPS 83.52%
Net Receivables 0.56%