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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Principal Bank CD Plan Direct Growth
+8.89%
3Y annualised
+0.02% 1D
NAV: 19 May '17
₹2,130.35
Min. for SIP
Not Supported
Fund size (AUM)
--
Expense ratio
--
Rating
1
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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.99% | +7.51% | 5,404.36 | |
 | +6.75% | +7.44% | 4,996.12 | |
 | +6.73% | +7.34% | 1,496.63 | |
 | +6.61% | +7.29% | 205.23 | |
 | +6.18% | +6.43% | 533.86 | |
| Compare | ||||
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 ₹83,817 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₹83,817.48 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,