| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.20% |
| NAV | ₹2202.05 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹105 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Maharashtra State | Others | SDL | 4.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 4.8% |
| Bank Of Baroda | Financial | CD | 4.8% |
| Indian Oil Corpn. Ltd. | Energy | CP | 4.8% |
| Export-Import Bank Of India | Financial | CD | 4.7% |
| Axis Bank Ltd. | Financial | CD | 4.7% |
| ICICI Securities Ltd. | Financial | CP | 4.7% |
| ICICI Bank Ltd. | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.4% |
| Indian Railway Finance Corpn. Ltd. | Financial | Bonds | 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 ₹105 Cr and the Latest NAV as of 06 Jul 2020 is ₹2202.05.
The Principal Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
To generate steady return by investing in debt and money market securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.