|Min SIP Amount||₹2000|
|NAV||₹1006.84 (26 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹198 Cr|
|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%|
Principal Cash Management Direct Dividend Weekly 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 Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹198 Cr and the Latest NAV as of 26 Nov 2020 is ₹1006.84.
The Principal Cash Management Direct Dividend Weekly 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 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.