|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹1808.67 (14 Apr 2021)|
|Fund Started||30 Aug 2004|
|Fund Size||₹160 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 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 ₹160 Cr and the Latest NAV as of 14 Apr 2021 is ₹1808.67.
The Principal Cash Management Growth 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.