Principal Low Duration Fund Direct Growth-0.02%

1Groww
-10.37%
1 Year Return
Debt
Low Duration
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Low Duration Fund Direct Growth

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio0.33%
NAV2633.72 (17 Sep 2019)
Fund Started01 Jan 2013
Fund Size162 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Low Duration Fund Direct Growth
-10.4%
1.1%
4.4%
5.6%
Category Average
3.3%
5.7%
6.7%
-
Rank within category
25
24
21
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -10.4% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialCD11.4%
    Punjab National BankFinancialCD6.2%
    ICICI Bank Ltd.FinancialCD3.0%
    See All

    Fund Managers

    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal MF she has worked with L&T MF, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain
    Education
    Mr. Jain is a B.Tech (Mechanical) from VNIT Nagpur and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with Edelweiss Capital, Taurus AMC, State Bank of India (Treasury) and Thermax Ltd.
    Funds Managed

    Other Details

    Principal Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pankaj Jain is the Current Fund Manager of Principal Low Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹162 Cr and the Latest NAV as of 17 Sep 2019 is ₹2633.72.

    The Principal Low Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed within 180 days..

    Investment Objective

    To generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market 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
    Exit load of 3% if redeemed within 180 days.
    Exit Load

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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
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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