|Min SIP Amount||₹2000|
|NAV||₹1052.50 (27 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹97 Cr|
|Reserve Bank of India||Financial||T-Bills||6.3%|
|ICICI Bank Ltd.||Financial||CD||5.1%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.2%|
|Axis Bank Ltd.||Financial||CD||4.0%|
|LIC Housing Finance Ltd.||Financial||NCD||3.7%|
|National Housing Bank||Financial||Debenture||3.2%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.2%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||3.1%|
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 ₹97 Cr and the Latest NAV as of 27 Nov 2020 is ₹1052.50.
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.
The scheme will maintain a judicious mix of cash, short term and medium term instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.