6M
1Y
3Y
5Y
All
Fund Details
Principal Low Duration Fund Direct Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.23% |
| NAV | ₹2824.03 (15 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹105 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
6.1%
0.1%
3.4%
5.6%
Category Average
6.2%
5.0%
6.0%
-
Rank Within Category
21
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 6.1% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.23%
2. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.4% |
| GOI | Sovereign | CGL | 6.1% |
| REC Ltd. | Financial | NCD | 4.8% |
| L&T Finance Ltd. | Financial | Debenture | 4.8% |
| GOI | Sovereign | CGL | 4.8% |
| ICICI Bank Ltd. | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.6% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 3.9% |
| Axis Bank Ltd. | Financial | CD | 3.6% |
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 ₹105 Cr and the Latest NAV as of 15 Jan 2021 is ₹2824.03.
The Principal Low Duration Fund Direct Growth is rated Moderately Low 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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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
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,
Website
www.karvymfs.comSimilar Funds
