Principal Low Duration Fund Dividend Monthly+0.04%

2
0.97%
1 Year Return
Debt
Low Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Low Duration Fund Dividend Monthly

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio0.58%
NAV976.31 (03 Jul 2020)
Fund Started14 Sep 2004
Fund Size95 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Low Duration Fund Dividend Monthly
1.0%
-1.4%
2.3%
6.0%
Category Average
5.0%
4.4%
5.7%
-
Rank within category
22
24
23
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 1.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    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

    Top Holdings

    NameSectorInstrument% Assets
    Bajaj Finance Ltd.FinancialDebenture9.5%
    GOISovereignGOI Sec8.9%
    Axis Bank Ltd.FinancialCD8.3%
    Power Grid Corporation of India Ltd.EnergyBonds6.4%
    Maharashtra StateOthersSDL5.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.3%
    REC Ltd.FinancialNCD5.3%
    Reliance Industries Ltd.EnergyNCD5.3%
    ICICI Bank Ltd.FinancialCD5.1%
    Housing Development Finance Corpn. Ltd.FinancialNCD4.3%
    See All

    Fund Managers

    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain
    Education
    Mr. Jain is a B.Tech (Mechanical) from VNIT Nagpur and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with Edelweiss Capital, Taurus AMC, State Bank of India (Treasury) and Thermax Ltd.
    Funds Managed

    Principal Low Duration Fund Dividend Monthly Details

    Principal Low Duration Fund Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹95 Cr and the Latest NAV as of 03 Jul 2020 is ₹976.31.

    The Principal Low Duration Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.

    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
    Nil
    Exit Load

    Compare Funds

    Principal Low Duration Fund Dividend Monthly
    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
    Data not available