Fund Details
Principal Cash Management Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.22% |
| NAV | ₹1796.25 (24 Jan 2021) |
|---|---|
| Fund Started | 30 Aug 2004 |
| Fund Size | ₹210 Cr |
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. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.6% |
| Reserve Bank of India | Financial | T-Bills | 11.9% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 7.1% |
| Reserve Bank of India | Financial | T-Bills | 7.1% |
| Export-Import Bank Of India | Financial | CD | 6.2% |
| Grasim Industries Ltd. | Construction | CP | 5.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.8% |
| ICICI Bank Ltd. | Financial | CD | 4.8% |
| Godrej Industries Ltd. | FMCG | CP | 2.4% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 2.4% |
Fund Managers
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 ₹210 Cr and the Latest NAV as of 24 Jan 2021 is ₹1796.25.
The Principal Cash Management Growth is rated Moderately 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.
