Fund Performance
Lumpsum
SIP
5.77
as on 04 Sep 20203 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,834 today.
NAV Performance
Fund Information
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₹ 3,105.318
as on 04 Sep 2020 -
Regular - Growth
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-
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₹ 5,000
-
₹ 14 Cr.
as on 04 Sep 2020 -
0.85%
since 31 Jul 2020 -
02 Jan 2013
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CRISIL 10 Year Gilt Index
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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
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About Gurvinder Singh Wasan
Gurvinder 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 | 0.84% | 16.63% | 17.85% | 19.53% | 22.34% | 10.45% | 9.22% | 7.86% | 8.61% | 38.21% | 17.57% | 12.40% | 9.11% | 8.40% |
| Category Average | 0.06% | 2.40% | 4.28% | 5.82% | 9.33% | 5.03% | 4.80% | 5.15% | 7.57% | 11.65% | 8.38% | 6.48% | 5.39% | 6.77% |
| 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 | -0.07%₹ 9,993 | 0.10%₹ 10,010 | 1.40%₹ 10,140 | 4.19%₹ 10,419 | 8.66%₹ 10,865 | 7.78%₹ 12,498 | 9.37%₹ 11,971 | 9.13%₹ 26,317 | 9.22%₹ 13,035 | 9.19%₹ 41,348 | 7.75%₹ 14,526 | 8.39%₹ 74,142 | - | - |
| ICICI Prudential Credit Risk Fund | 0.04%₹ 10,004 | 0.37%₹ 10,037 | 1.25%₹ 10,125 | 3.80%₹ 10,380 | 7.12%₹ 10,712 | 6.85%₹ 12,440 | 8.66%₹ 11,814 | 7.95%₹ 26,016 | 8.81%₹ 12,887 | 8.42%₹ 40,881 | 7.86%₹ 14,601 | 8.16%₹ 73,714 | 8.61%₹ 22,856 | 8.40%₹ 1,85,202 |
| Baroda Credit Risk Fund | 0.13%₹ 10,013 | 8.18%₹ 10,818 | 10.11%₹ 11,011 | 11.35%₹ 11,134 | 20.80%₹ 12,080 | 27.52%₹ 13,717 | 10.45%₹ 12,208 | 17.57%₹ 28,530 | 8.10%₹ 12,637 | 12.40%₹ 43,330 | 7.62%₹ 14,436 | 9.11%₹ 75,487 | - | - |
| SBI Credit Risk Fund | 0.01%₹ 10,000 | 0.11%₹ 10,011 | 1.41%₹ 10,141 | 3.27%₹ 10,327 | 6.05%₹ 10,604 | 5.94%₹ 12,381 | 7.53%₹ 11,569 | 7.15%₹ 25,809 | 7.47%₹ 12,417 | 7.31%₹ 40,209 | 7.00%₹ 14,026 | 7.08%₹ 71,745 | 8.61%₹ 22,853 | 7.97%₹ 1,81,077 |
| Kotak Credit Risk Fund | -0.02%₹ 9,998 | 0.25%₹ 10,025 | 1.64%₹ 10,164 | 3.55%₹ 10,354 | 6.88%₹ 10,688 | 6.55%₹ 12,421 | 6.56%₹ 11,360 | 6.70%₹ 25,695 | 7.38%₹ 12,385 | 6.96%₹ 40,002 | 6.84%₹ 13,926 | 6.91%₹ 71,445 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Principal Credit Risk Fund
| Instrument Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 83.52% |
| Net Receivables | 0.56% |