Debt/ Fixed Income

Principal Credit Opportunities Fund

(An open-ended Debt Scheme)


This product is suitable for investors who are seeking *

  • Income over a long term investment horizon
  • Investment in Debt & Money Market Instruments of Private & Public Sector Companies.

 *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The primary objective is to generate income and capital gains through investments in a portfolio of securities issued by Private and Public Sector Companies.

Fund Manager:
Ms. Bekxy Kuriakose
Allotment Date:
September 14, 2004
Benchmark:
Crisil Liquid
Fund Index

Under normal circumstances,the asset allocation would be as follows:

Types of Instruments Minimum% Maximum% Risk Profile
Debt and Money Market Instruments issued by Private and Public sector companies including Commercial Papers and *Securitised Debt 70 100 Medium to High
CBLO, T-bills and units of Liquid / Money Market / Debt Mutual Fund Scheme(s). 0 30 Low to Medium

*Investment in Securitized Debt may be up to 30% of its Net Assets.

Subject to the SEBI Regulations, the Mutual Fund may deploy up to 50% of total net assets in Stock Lending.

Average maturity of the portfolio will be maintained at or below 5 years.

Regular Plan and Direct Plan.
Both the Plan offer Dividend & Growth Option Dividend Frequency (under both the Plan) - Monthly

Exit Load: 

NIL

New Investor: 5000/-
Existing Investor: 1000/-

3.00 p.m.

In respect of purchase/switch-in of units for an amount equal to or more than 2 Lakhs, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped).

Regular Plan
0.50% p.a. of the daily net assets

Direct Plan
0.25% p.a. of the daily net assets

SIP / RWP / STP: Available

Minimum No. & Amt.

SIP : 6 installments of 2000/- each.

RWP: 6 installments of 500/- each.

STP : 6 installments of 1000/- each.