Principal Ultra Short Term Fund Dividend Daily+0.01%

4.22%
1 Year Return
Debt
Money Market
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Ultra Short Term Fund Dividend Daily

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio1.05%
NAV1005.43 (26 Nov 2020)
Fund Started28 Dec 2007
Fund Size137 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.2%
4.0%
5.3%
7.1%
Category Average
5.4%
5.9%
6.5%
-
Rank Within Category
23
14
13
-
*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 4.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    3. Age is more than 10 years
    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
    7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    8. Risk-adjusted returns are lower compared to the category
    9. 1Y Returns are lower than the category average returns
    10. 3Y Returns are lower than the category average returns
    11. 5Y Returns are lower than the category average returns
    12. 10Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignCGL7.5%
    ICICI Securities Ltd.FinancialCP7.3%
    Reserve Bank of IndiaFinancialT-Bills6.7%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.0%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture5.3%
    Axis Bank Ltd.FinancialCD4.2%
    LIC Housing Finance Ltd.FinancialBonds/Deb3.7%
    GOISovereignGOI Sec3.7%
    Reliance Industries Ltd.EnergyBonds/Deb3.7%
    Kotak Mahindra Prime Ltd.FinancialCP3.6%
    See All

    Fund Managers

    Bekxy Kuriakose
    keyboard_arrow_down
    Pankaj Jain
    keyboard_arrow_down

    Principal Ultra Short Term Fund Dividend Daily Details

    Principal Ultra Short Term Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 28 Dec 2007. Pankaj Jain is the Current Fund Manager of Principal Ultra Short Term Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹137 Cr and the Latest NAV as of 26 Nov 2020 is ₹1005.43.

    The Principal Ultra Short Term Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 2000.

    Investment Objective

    The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt 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)

    Not Supported
    Min for First Investment
    Not Supported
    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
    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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