| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.37% |
| NAV | ₹2621.35 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹95 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Debenture | 9.5% |
| GOI | Sovereign | GOI Sec | 8.9% |
| Axis Bank Ltd. | Financial | CD | 8.3% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 6.4% |
| Maharashtra State | Others | SDL | 5.3% |
| REC Ltd. | Financial | NCD | 5.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.3% |
| Reliance Industries Ltd. | Energy | NCD | 5.3% |
| ICICI Bank Ltd. | Financial | CD | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.3% |
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 ₹95 Cr and the Latest NAV as of 03 Jul 2020 is ₹2621.35.
The Principal Low Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.