Principal Credit Risk Fund (Debt, Debt Credit Risk)

Moderate
15 yrs 2 monthsStarted on:14 Sep 2004
₹ 56.32 Cras on: 18 Oct 2019
Mid Term & Long Horizon
1.59%
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 Month0.51
3 Month1.75
1 YR0.40
2 YR3.01
3 YR4.59

SIP Returns

TenureReturns (CAGR)
2 YR1.03
3 YR2.67
5 YR4.66
10 YR6.6

Portfolio

Company Name% Assets
Suryoday Small Finance Bank Ltd. 28/10/2019 11.55%14.22
IIFL Home Finance Ltd. 05/10/2020 8.65%12.13
Hindalco Industries Ltd. 25/04/2022 9.55%9.15
Coastal Gujarat Power Ltd. 27/08/2023 9.70%8.94
Steel Authority Of India Ltd. 19/11/2019 8.60%8.9
Jamnagar Utilities and Power Pvt. Ltd. 26/04/2023 8.95%8.88
National Housing Bank 31/01/2022 8.02%6.43
Hero Cycles Ltd. 60-D 26/11/20193.51
Reliance Industries Ltd. 31/08/2022 7.00%2.64
Ess Kay Fincorp Ltd. 27/12/2019 10.85%1.56

Top Sectoral Holdings

Sector Name% Assets

Indicators

LabelValue
Standard Deviation4.38%
Beta0.75%

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