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Detailed numerical analysis for dispersion properties and losses has been carried out for a new type of Photonic crystal fiber where the air-holes are arranged in a circular pattern with a silica matrix called as Circular Photonic Crystal Fiber (C-PCF). The dependence of different PCF geometrical parameters namely different circular spacings, air-hole diameter and numbers of air-hole rings are carried out in detail towards practical applications. Our numerical analysis establishes that total dispersion is strongly affected by the interplay between material dispersion and waveguide dispersion. For smaller air-filing fraction, adding extra air-hole rings does not change dispersion much whereas for higher air-filling fraction, the dispersion nature changes significantly. With proper adjustment of the parameters ultra-flattened dispersion could be achieved; though the application can be limited by higher losses. However, the ultra-flat dispersion fibers can be used for practical high power applications like supercontinuum generation (SCG) by reducing the loss at the pumping wavelength by increasing the no of air-hole rings. Broadband smooth SCG can also be achieved with low loss oscillating near-zero dispersion fiber with higher no of air-hole rings. The detail study shows that for realistic dispersion engineering we need to be careful for both loss and dispersion.

Circular Photonic Crystal Fibers: Numerical Analysis of Chromatic Dispersion and Losses