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Principal Bank CD Plan Direct Growth
Debt
Ultra Short Term
Moderately Low Risk
+8.89%
3Y annualised
+0.02% 1D
NAV: 19 May '17
₹2,130.35
Min. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +3.7% | +8.3% | +8.9% | -- |
| Category average (Debt Ultra Short Term) | -- | -- | -- | -- |
| Rank (Debt Ultra Short Term) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
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
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
About Principal Bank CD Plan Direct Growth
Principal Bank CD Plan Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹76,137 Cr and the Latest NAV as of 19 May 2017 is ₹2,130.35.
The Principal Bank CD Plan Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to ₹2,000. 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
;
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Fund benchmarkCRISIL Liquid Debt Index
Fund house
Rank (total assets)#17 in India
Total AUM₹76,136.70 Cr
Date of Incorporation26 Feb 1996
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,