|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹1007.10 (09 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹175 Cr|
|Reserve Bank of India||Financial||T-Bills||16.4%|
|LIC Housing Finance Ltd.||Financial||Debenture||6.3%|
|Bharat Petroleum Corpn. Ltd.||Energy||CP||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||6.2%|
|Godrej Industries Ltd.||FMCG||CP||5.0%|
|Reserve Bank of India||Financial||T-Bills||3.1%|
|Indusind Bank Ltd.||Financial||CD||3.1%|
|Reserve Bank of India||Financial||T-Bills||2.5%|
Principal Cash Management Direct IDCW 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹175 Cr and the Latest NAV as of 09 May 2021 is ₹1007.10.
The Principal Cash Management Direct IDCW Weekly 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.