Principal Debt Savings Fund (Debt, Mip)

Moderate
14 yrs 5 monthsStarted on:30 Dec 2003
₹ 20.98 Cras on: 22 May 2018
Mid Term & Long Horizon
1.51%
Income Generation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

Investment Objective

The fund seeks to generate steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities and ratings while maintaining the optimum balance of yield, safety and liquidity.

Exit Load

1% - if redeemed on or before 365 days from the date of allotment. Nil - if redeemed after 365 days from the date of allotment.

Scheme Documents

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Tenure

TenureReturns (CAGR)
YTD0.26
3 Month1.37
1 YR1.22
2 YR5.05
3 YR6.00

SIP Returns

TenureReturns (CAGR)
2 YR2.39
3 YR4.26
5 YR5.83
10 YR6.64

Portfolio

Company Name% Assets
Aspire Home Finance Corporation Ltd. 08/06/2018 10.85%9.55
National Housing Bank 12/03/2021 7.59%9.51
Rural Electrification Corpn. Ltd. 31/12/2020 6.99%9.28
Piramal Enterprises Ltd. 14/06/2019 8.15%8.53
Manappuram Finance Ltd. 28/07/2018 10.30%7.18
Tata Motors Ltd. 18/07/2018 8.13%7.15
Power Finance Corpn. Ltd. 20/12/2022 7.99%7.03
Reliance Industries Ltd. 31/08/2022 7.00%6.81
GOI 15/05/2027 6.79%6.66
Dewan Housing Finance Corpn. Ltd. 09/09/2019 9.10%4.78

Top Sectoral Holdings

Sector Name% Assets
Financial1.96

Indicators

LabelValue
Standard Deviation2.66%
Beta1.84%
Sharpe Ratio0.65

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

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