|Min SIP Amount||₹2000|
|NAV||₹2801.79 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹98 Cr|
|Reserve Bank of India||Financial||T-Bills||6.3%|
|Reserve Bank of India||Financial||T-Bills||5.1%|
|ICICI Bank Ltd.||Financial||CD||5.1%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.2%|
|LIC Housing Finance Ltd.||Financial||NCD||3.6%|
Principal Low Duration Fund Direct Growth 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 Low Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹98 Cr and the Latest NAV as of 23 Oct 2020 is ₹2801.79.
The Principal Low Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
The scheme will maintain a judicious mix of cash, short term and medium term instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.