Principal Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 14 Sep 2004. Pankaj Jain is the Current Fund Manager of Principal Low Duration Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹160 Cr and the Latest NAV as of 22 Nov 2019 is ₹2566.15.
The Principal Low Duration Fund Growth is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed within 180 days..
Investment Objective
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.
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
Exit load of 3% if redeemed within 180 days.
Exit Load