|Min SIP Amount||₹2000|
|NAV||₹1781.05 (06 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹146 Cr|
|Reserve Bank of India||Financial||T-Bills||15.2%|
|Reserve Bank of India||Financial||T-Bills||6.8%|
|ICICI Securities Ltd.||Financial||CP||6.8%|
|Reliance Industries Ltd.||Energy||CP||6.8%|
|Bank Of Baroda||Financial||CD||6.8%|
|Larsen & Toubro Ltd.||Construction||CP||6.8%|
|Axis Bank Ltd.||Financial||CD||6.8%|
|Godrej Agrovet Ltd.||FMCG||CP||4.1%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.4%|
|Reserve Bank of India||Financial||T-Bills||3.4%|
Principal Cash Management Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹146 Cr and the Latest NAV as of 06 Aug 2020 is ₹1781.05.
The Principal Cash Management Direct Growth 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.