fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Principal Credit Risk Fund

Principal Credit Risk Fund - G

NAV  ₹2,850.93 ↓ 0.45   (0.02 %) as on 24 Jan 20

(Erstwhile Principal Credit Opportunities Fund)

Scheme Objective

To generate regular income & Capital appreciation through investments in debt securities and money market instruments

Principal Credit Risk Fund is a Debt - Credit Risk fund launched on 14 Sep 04. It is a fund with Moderate risk and has given a CAGR return of 7.1% since its launch.  Ranked 16 in Credit Risk category.  Return for 2019 was -0.2% , 2018 was 6.4% and 2017 was 7.4% .

Below is the key information for Principal Credit Risk Fund

NAV as on 24 Jan 20₹2,850.93 ↓ 0.45   (0.02 %)
Net Assets (AUM) as on 31 Dec 2019 ₹34 Cr.
Launch Date14 Sep 2004
CategoryDebt - Credit Risk
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity6.54%
Effective Maturity1 Year 1 Month 13 Days
Modified Duration11 Months 1 Day
Alpha Ratio0.0
Expense Ratio1.64 %
Sharpe Ratio-0.425
Information Ratio0.0
BenchmarkNot Available
ISININF173K01DM4
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Min Investment ₹5,000
Min SIP Investment ₹2,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.5%
6 Month 3.3%
1 Year -0.3%
3 Year 4.4%
5 Year 6.2%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -0.2%
2017 6.4%
2016 7.4%
2015 8.5%
2014 9.2%
2013 9.7%
2012 7%
2011 9.4%
2010 8.9%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,920
31 Dec 16₹11,845
31 Dec 17₹12,716
31 Dec 18₹13,534
31 Dec 19₹13,508
Principal Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash49.94%
Debt50.06%
Principal Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate55.37%
Cash Equivalent38.61%
Government6.02%
Principal Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Treps 02-Dec-2019
CBLO/Reverse Repo | -
30%₹10 Cr
Hindalco Industries Limited
Debentures | -
15%₹5 Cr50
Coastal Gujarat Power Limited
Debentures | -
15%₹5 Cr50
Net Receivable / Payable
Net Current Assets | -
8%₹3 Cr
India Infoline Housing Finance Limited
Debentures | -
7%₹3 Cr26
↓ -44
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
6%₹2 Cr20
Reliance Industries Limited
Debentures | -
4%₹2 Cr15
JM Financial Products Limited
Commercial Paper | -
4%₹1 Cr30
↑ 30
Phillips Carbon Black Ltd
Commercial Paper | -
4%₹1 Cr30
↑ 30
Rural Electrification Corporation Limited
Debentures | -
3%₹1 Cr10
↑ 10
1 - 10 of 13
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Gurvinder Wasan1 Jan 181.83 Yr.

Custodians

CompanyAddress
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Principal Mutual FundExchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Principal Credit Risk Fund
Growth
₹2,850.93
↑ 0.45
3.33 %-0.29 %4.42 %6.17 %
Principal Credit Risk Fund
Monthly Dividend, Payout
₹1,207.31
↑ 0.19
3.33 %-2.38 %1.95 %3.71 %
Data as on 24 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.