Principal Bank CD Regular Plan Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 06 Nov 2007. Gurvinder Singh Wasan is the Current Fund Manager of Principal Bank CD Regular Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 19 May 2017 is ₹2090.54.
The Principal Bank CD Regular Plan Growth is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
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