|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹1023.59 (25 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹162 Cr|
|Reserve Bank of India||Financial||T-Bills||9.2%|
|Reserve Bank of India||Financial||T-Bills||7.1%|
|Reliance Jio Infocomm Ltd.||Communication||CP||6.2%|
|Hindustan Petroleum Corporation Ltd.||Energy||CP||6.2%|
|Power Finance Corporation Ltd.||Financial||CP||6.2%|
|Reserve Bank of India||Financial||T-Bills||6.2%|
|ICICI Securities Ltd.||Financial||CP||6.2%|
|National Bank For Agriculture & Rural Development||Financial||CP||6.2%|
|Larsen & Toubro Ltd.||Construction||CP||6.2%|
Principal Cash Management Direct IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹162 Cr and the Latest NAV as of 25 Jul 2021 is ₹1023.59.
The Principal Cash Management Direct IDCW Monthly is rated Low to Moderate 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 scheme aims to provide income from short-term investments, consistent with preservation of capital and liquidity by investing in a portfolio of money market and in investment grade 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.