|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹2277.30 (14 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹117 Cr|
|Bajaj Finance Ltd.||Financial||Debenture||7.2%|
|Indusind Bank Ltd.||Financial||CD||6.1%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||5.5%|
|HDB Financial Services Ltd.||Financial||ZCB||5.0%|
|Axis Bank Ltd.||Financial||CD||4.6%|
|Reliance Industries Ltd.||Energy||Debenture||4.1%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.0%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Debenture||4.0%|
Principal Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Pankaj Jain is the Current Fund Manager of Principal Ultra Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹117 Cr and the Latest NAV as of 14 Jun 2021 is ₹2277.30.
The Principal Ultra Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.