6M
1Y
3Y
5Y
All
Fund Details
Principal Low Duration Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.22% |
| NAV | ₹2872.86 (15 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹70 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
10.1%
-0.3%
2.9%
5.5%
Category Average
7.4%
4.9%
5.8%
-
Rank Within Category
4
23
22
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 10.1% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.22%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | Bonds/NCD | 8.2% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.9% |
| REC Ltd. | Financial | NCD | 6.8% |
| 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% |
See All
Fund Managers
Bekxy Kuriakose
Pankaj Jain
Principal Low Duration Fund Direct Growth Details
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.
Investment Objective
The scheme will maintain a judicious mix of cash, short term and medium term 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
Nil
Exit Load
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Principal Low Duration Fund Direct Growth
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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
E-mail
[email protected]Website
NAPrincipal Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.com