| Risk | Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.12% |
| NAV | ₹1024.99 (12 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹146 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.3% |
| Export-Import Bank Of India | Financial | CD | 8.3% |
| LIC Housing Finance Ltd. | Financial | Debenture | 6.9% |
| Indian Oil Corpn. Ltd. | Energy | CP | 6.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 6.9% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 6.9% |
| Axis Bank Ltd. | Financial | CD | 6.9% |
| ICICI Securities Ltd. | Financial | CP | 6.8% |
| Bank Of Baroda | Financial | CD | 4.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Bonds | 3.5% |
Principal Cash Management Direct Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹146 Cr and the Latest NAV as of 12 Jul 2020 is ₹1024.99.
The Principal Cash Management Direct Dividend Monthly 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.