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 ₹149 Cr and the Latest NAV as of 17 Jan 2020 is ₹875.16.
The Principal Low Duration Fund Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Nil.
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.
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)
Min for First Investment
Min for Second Investment