|Min SIP Amount||Not Supported|
|NAV||₹2090.54 (19 May 2017)|
|Fund Started||06 Nov 2007|
|Fund Size||₹74 Cr|
|Principal Mutual Fund (Principal Cash Management Fund -Direct Plan- Growth Option)||Mutual Funds||MFDebt||59.1%|
|CBLO(CCIL)||Current Assets||Money Market||6.8%|
|Kotak Mahindra Bank Ltd.||Financial Services||CD||6.8%|
|Federal Bank Ltd.||Financial Services||CD||6.8%|
|DCB Bank Ltd.||Financial Services||CD||6.8%|
|Axis Bank Ltd.||Financial Services||CD||6.8%|
|IDFC Bank Ltd.||Financial Services||CD||6.7%|
|Net Receivables/(Payable)||Current Assets||Net Receivables/(Payables)||0.3%|
Principal Bank CD Regular Plan Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 06 Nov 2007. Gurvinder Singh Wasan is the Current Fund Manager of Principal Bank CD Regular Plan Growth fund.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 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.