Principal Cash Management Direct Dividend Daily+0.01%

2
5.01%
1 Year Return
Debt
Liquid
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Cash Management Direct Dividend Daily

RiskLow
Min SIP Amount₹2000
Expense Ratio0.12%
NAV1000.64 (03 Jul 2020)
Fund Started01 Jan 2013
Fund Size145 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Cash Management Direct Dividend Daily
5.0%
3.3%
5.0%
6.4%
Category Average
5.4%
6.4%
6.8%
-
Rank within category
31
35
33
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk-adjusted returns are lower compared to the category
    4. 1Y Returns are lower than the category average returns
    5. 3Y Returns are lower than the category average returns
    6. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills10.3%
    Export-Import Bank Of IndiaFinancialCD8.3%
    LIC Housing Finance Ltd.FinancialDebenture6.9%
    Indian Oil Corpn. Ltd.EnergyCP6.9%
    National Bank For Agriculture & Rural DevelopmentFinancialCD6.9%
    Small Industries Devp. Bank of India Ltd.FinancialCD6.9%
    Axis Bank Ltd.FinancialCD6.9%
    ICICI Securities Ltd.FinancialCP6.8%
    Bank Of BarodaFinancialCD4.8%
    Indian Railway Finance Corpn. Ltd.FinancialBonds3.5%
    See All

    Fund Managers

    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain
    Education
    Mr. Jain is a B.Tech (Mechanical) from VNIT Nagpur and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with Edelweiss Capital, Taurus AMC, State Bank of India (Treasury) and Thermax Ltd.
    Funds Managed

    Principal Cash Management Direct Dividend Daily Details

    Principal Cash Management Direct Dividend Daily is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Pankaj Jain is the Current Fund Manager of Principal Cash Management Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹145 Cr and the Latest NAV as of 03 Jul 2020 is ₹1000.64.

    The Principal Cash Management Direct Dividend Daily is rated Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

    Investment Objective

    The primary investment objective of the scheme is to provide investors with a high level of income from short-term investments. The fund will focus on preserving the investor`s capital and liquidity. Investments will be made in money market instruments and investment grade debt instrument.

    Tax Implications

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
    Exit Load

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    About PRINCIPAL Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    Stock Holding Corp. of India Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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