|Min SIP Amount||₹2000|
|NAV||₹1038.32 (05 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹98 Cr|
|Power Grid Corporation of India Ltd.||Energy||Bonds||6.2%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.1%|
|Reliance Industries Ltd.||Energy||NCD||5.1%|
|Larsen & Toubro Ltd.||Construction||CP||5.0%|
|Axis Bank Ltd.||Financial||CD||5.0%|
|ICICI Bank Ltd.||Financial||CD||5.0%|
Principal Low Duration Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹98 Cr and the Latest NAV as of 05 Aug 2020 is ₹1038.32.
The Principal Low Duration Fund Direct Dividend Monthly 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.