|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
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.