Principal Credit Risk Fund (Debt, Debt Credit Risk)

Moderate
14 yrs 12 monthsStarted on:14 Sep 2004
₹ 80.1 Cras on: 22 Aug 2019
Mid Term & Long Horizon
1.66%
Income Generation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

Investment Objective

The Fund seeks to generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities

Exit Load

NIL

Scheme Documents

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Tenure

TenureReturns (CAGR)
1 Month0.79
1 YR0.04
2 YR3.07
3 YR4.76

SIP Returns

TenureReturns (CAGR)
2 YR0.6
3 YR2.56
5 YR4.71
10 YR6.64

Portfolio

Company Name% Assets
Coastal Gujarat Power Ltd. 27/08/2023 9.70%11.33
Suryoday Small Finance Bank Ltd. 28/10/2019 11.55%10.03
IIFL Home Finance Ltd. 05/10/2020 8.65%9.69
Hindalco Industries Ltd. 25/04/2022 9.55%6.45
Jamnagar Utilities and Power Pvt. Ltd. 26/04/2023 8.95%6.3
Steel Authority Of India Ltd. 19/11/2019 8.60%6.26
National Bank For Agriculture & Rural Development 30/09/2020 6.98%6.23
Power Grid Corporation of India Ltd. 23/12/2020 8.32%5.09
Power Finance Corpn. Ltd. 17/09/2020 7.50%4.74
National Housing Bank 31/01/2022 8.02%4.52

Top Sectoral Holdings

Sector Name% Assets

Indicators

LabelValue
Standard Deviation4.39%
Beta0.79%

Gurvinder Singh Wasan

Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.

Other Funds Managed by Gurvinder Singh Wasan