|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹2872.86 (15 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹70 Cr|
|Indian Railway Finance Corpn. Ltd.||Financial||Bonds/NCD||8.2%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||6.9%|
|Ultratech Cement Ltd.||Construction||Debenture||6.8%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Debenture||6.8%|
|L&T Finance Ltd.||Financial||Debenture||6.8%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||5.5%|
|Axis Bank Ltd.||Financial||CD||5.3%|
|LIC Housing Finance Ltd.||Financial||NCD||4.7%|
|National Housing Bank||Financial||Debenture||4.2%|
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 ₹70 Cr and the Latest NAV as of 15 Jun 2021 is ₹2872.86.
The Principal Low Duration Fund Direct Growth is rated Low to Moderate 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.