Home>Mutual Funds>Principal Mutual Fund>Principal Low Duration Fund Growth
shareSHARE

Principal Low Duration Fund Growth+0.01%

4.57%
1 Year Return
Debt
Low Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Low Duration Fund Growth

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio0.55%
NAV₹2711.74 (21 Jan 2021)
Fund Started14 Sep 2004
Fund Size105 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.6%
-0.1%
3.0%
5.9%
Category Average
6.0%
5.0%
6.0%
-
Rank Within Category
21
22
21
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount2,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.6% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
3. Age is more than 10 years
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
12. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills7.4%
GOISovereignCGL6.1%
REC Ltd.FinancialNCD4.8%
L&T Finance Ltd.FinancialDebenture4.8%
GOISovereignCGL4.8%
ICICI Bank Ltd.FinancialCD4.7%
Reserve Bank of IndiaFinancialT-Bills4.7%
Reserve Bank of IndiaFinancialT-Bills4.6%
Housing Development Finance Corpn. Ltd.FinancialNCD3.9%
Axis Bank Ltd.FinancialCD3.6%
See All

Fund Managers

Bekxy Kuriakose
keyboard_arrow_down
Pankaj Jain
keyboard_arrow_down

Principal Low Duration Fund Growth Details

Principal Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 14 Sep 2004. Pankaj Jain is the Current Fund Manager of Principal Low Duration Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹105 Cr and the Latest NAV as of 21 Jan 2021 is ₹2711.74.

The Principal Low Duration Fund 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

Compare Funds

Principal Low Duration Fund Growth
VS
search

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
Principal 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,
Similar Funds