Principal Cash Management Growth+0.01%

4.14%
1 Year Return
Debt
Liquid
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Cash Management Growth

RiskLow
Min SIP Amount₹2000
Expense Ratio0.22%
NAV1783.85 (28 Oct 2020)
Fund Started30 Aug 2004
Fund Size152 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Cash Management Growth
4.1%
2.9%
4.6%
6.7%
Category Average
4.4%
6.0%
6.4%
-
Rank within category
31
36
35
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 4.1% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills29.5%
    Reserve Bank of IndiaFinancialT-Bills9.8%
    Reserve Bank of IndiaFinancialT-Bills7.4%
    Reserve Bank of IndiaFinancialT-Bills6.6%
    ICICI Securities Ltd.FinancialCP4.6%
    Power Grid Corporation of India Ltd.EnergyBonds3.3%
    Reserve Bank of IndiaFinancialT-Bills3.3%
    Power Grid Corporation of India Ltd.EnergyBonds2.6%
    Reserve Bank of IndiaFinancialT-Bills1.6%
    REC Ltd.FinancialBonds1.3%
    See All

    Fund Managers

    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain

    Principal Cash Management Growth Details

    Principal Cash Management Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 30 Aug 2004. Pankaj Jain is the Current Fund Manager of Principal Cash Management Growth fund.The fund currently has an Asset Under Management(AUM) of ₹152 Cr and the Latest NAV as of 28 Oct 2020 is ₹1783.85.

    The Principal Cash Management Growth 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    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.
    Exit Load

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    About Principal Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    Stock Holding Corp. of India Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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