|Min SIP Amount||Not Supported|
|NAV||₹2079.97 (30 Dec 2016)|
|Fund Started||01 Jan 2013|
|Fund Size||₹74 Cr|
Principal Bank CD Plan Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Gurvinder Singh Wasan is the Current Fund Manager of Principal Bank CD Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 30 Dec 2016 is ₹2079.97.
The Principal Bank CD Plan Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Exit load of 1% if redeemed within 180 days, 0.50% if redeemed after 180 days but within 270 days and 0.25% if redeemed after 270 days but within 365 days
Each of the plans (Regular Plan, Institutional Plan and Institutional Premium Plan) will offer two sub-options namely Growth and Dividend. Each of the Dividend Options will have a frequency of declaration of dividend on a Daily, Weekly and Monthly basis. Further, the aforesaid dividend options will have the facility of Re-investment, Pay-out and Sweep.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.