Fund Details
Principal Cash Management Direct Dividend Monthly
| Risk | Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.16% |
| NAV | ₹1023.52 (26 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹198 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 3 years
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 27.8% |
| Reserve Bank of India | Financial | T-Bills | 13.9% |
| Reserve Bank of India | Financial | T-Bills | 7.6% |
| Reliance Industries Ltd. | Energy | CP | 6.1% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 6.1% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| ICICI Securities Ltd. | Financial | CP | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
| ICICI Bank Ltd. | Financial | CD | 2.5% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.5% |
Fund Managers
Principal Cash Management Direct Dividend Monthly Details
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 ₹198 Cr and the Latest NAV as of 26 Nov 2020 is ₹1023.52.
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.
Investment Objective
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 .
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.
