Home>Mutual Funds>Principal Mutual Fund>Principal Ultra Short Term Fund Direct IDCW Monthly

Principal Ultra Short Term Fund Direct IDCW Monthly

Debt
Ultra Short Duration
Low to Moderate Risk
Payout
5.63%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Oct 2021₹1,061.07
Min. SIP amount₹2,000
Rating3star
Fund size₹106.22 Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%5.6%5.1%6.9%
Category average3.7%5.5%5.9%NA
Rank with in category211713NA
Understand termsinfo

Holdings (25)

NameSectorInstrumentAssets
GOI
SovereignCGL11.0%
FinancialCD6.6%
FinancialCD5.0%
Small Industries Devp. Bank of India Ltd.
FinancialBonds/NCD4.3%
National Bank For Agriculture & Rural Development
FinancialNCD4.3%
EnergyDebenture4.3%
Maharashtra State
OthersSDL4.3%
Gujarat State
OthersSDL4.2%
Reserve Bank of India
FinancialT-Bills4.2%
HealthcareCP4.2%
See All

Pros and cons

info
Category: Debt Ultra Short Duration
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Pros

3Y annualised returns higher than category average by 0.15%
Exit load is zero
Lower expense ratio: 0.26%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Lower AUM: 106Cr. Funds with lower AUM tend to have higher expense ratio
1Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.26%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹2,000

Fund management

Bekxy Kuriakose
May 2019 - Present
View details
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Fund house & investment objective

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Fund house contact details

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