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Principal Low Duration Fund IDCW Weekly+0.02%

3.67%
1 Year Return
Debt
Low Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Low Duration Fund IDCW Weekly

RiskLow to Moderate
Min SIP Amount₹2000
Expense Ratio0.55%
NAV₹944.18 (23 Jul 2021)
Fund Started14 Sep 2004
Fund Size69 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.7%
-0.7%
2.5%
5.9%
Category Average
5.6%
4.8%
5.7%
-
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 3.7% returns per annum

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. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
National Bank For Agriculture & Rural DevelopmentFinancialDebenture7.5%
Ultratech Cement Ltd.ConstructionDebenture7.4%
Cholamandalam Investment & Finance Company Ltd.FinancialDebenture7.3%
GOISovereignGOI Sec7.2%
Housing Development Finance Corpn. Ltd.FinancialNCD5.9%
Axis Bank Ltd.FinancialCD5.8%
LIC Housing Finance Ltd.FinancialNCD5.1%
GOISovereignGOI Sec4.5%
National Housing BankFinancialDebenture4.5%
Indian Oil Corporation Ltd.EnergyDebenture4.4%
See All

Fund Managers

Bekxy Kuriakose
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Principal Low Duration Fund IDCW Weekly Details

Principal Low Duration Fund IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹69 Cr and the Latest NAV as of 23 Jul 2021 is ₹944.18.

The Principal Low Duration Fund IDCW Weekly is rated Low to Moderate 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

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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
Website
NA
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,
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