Principal Low Duration Fund Dividend Weekly+0.06%

1Groww
-10.20%
1 Year Return
Debt
Low Duration
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Low Duration Fund Dividend Weekly

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio0.56%
NAV871.46 (22 Oct 2019)
Fund Started14 Sep 2004
Fund Size160 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Low Duration Fund Dividend Weekly
-10.2%
0.7%
3.8%
6.4%
Category Average
3.0%
5.4%
6.5%
-
Rank within category
24
23
20
-
*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
    30
    with -10.2% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    National Housing BankFinancialDebenture11.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture9.4%
    Small Industries Devp. Bank of India Ltd.FinancialCD9.3%
    Kotak Mahindra Bank Ltd.FinancialCD6.2%
    Dewan Housing Finance Corpn. Ltd.FinancialDebenture3.9%
    Power Grid Corporation of India Ltd.EnergyBonds3.8%
    Reliance Industries Ltd.EnergyNCD3.1%
    Ess Kay Fincorp Ltd.FinancialDebenture1.2%
    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

    Other Details

    Principal Low Duration Fund Dividend Weekly 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 Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹160 Cr and the Latest NAV as of 22 Oct 2019 is ₹871.46.

    The Principal Low Duration Fund Dividend Weekly 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

    Compare Funds

    Principal Low Duration Fund Dividend Weekly
    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
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹2,000
    + ₹10,000
    + ₹20,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    ⓒ 2019 Billionbrains Garage Ventures Pvt Ltd