Principal Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pankaj Jain is the Current Fund Manager of Principal Ultra Short Term Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹62 Cr and the Latest NAV as of 19 Aug 2019 is ₹2089.6.
The Principal Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To generate steady return by investing in debt and money market securities.
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