Principal Credit Risk Debt or Fixed Income Mutual Fund
Credit Risk Debt or Fixed Income Mutual Funds
Transform your money into an opportunity.

Debt/ Fixed Income

Principal Credit Risk Fund

(An open ended debt scheme predominately investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds))


This product is suitable for investors who are seeking *

  • Income over a Medium to long term investment horizon.
  • Investment in AA and below Rated Corporate Debt & other Debt and Money Market Instruments.

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

The Fund seeks to generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities across the credit spectrum within the investment grade.

Fund Manager:
Mr. Gurvinder Singh Wasan
Allotment Date:
September 14, 2004
Benchmark:
NIFTY Credit Risk Bond 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

*(excludes AA+ rated corporate bonds)

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

Investment in derivatives shall be upto 35% of the net assets of the Scheme.

Investment in Securities lending – up to 20% of the net assets

Investment in the units of Liquid/ Money Market/ Debt Mutual Fund Scheme(s) shall not exceed 5% of the net asset value of the mutual fund.

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).

Please check the disclosure page for the current expense ratio.
More Information

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.

Disclaimer - "Mutual Fund investments are subject to market risks, read all scheme related documents carefully"