Principal Ultra Short Term Fund Growth+0.02%

2
4.67%
1 Year Return
Debt
Money Market
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Ultra Short Term Fund Growth

RiskModerately Low
Min SIP Amount₹2000
Expense Ratio1.05%
NAV2144.49 (18 Sep 2020)
Fund Started28 Dec 2007
Fund Size168 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Ultra Short Term Fund Growth
4.7%
4.1%
5.5%
7.1%
Category Average
6.1%
6.0%
6.6%
-
Rank within category
22
15
14
-
*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 4.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    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

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec6.1%
    ICICI Securities Ltd.FinancialCP5.9%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.9%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture4.3%
    Power Grid Corporation of India Ltd.EnergyBonds4.2%
    Housing Development Finance Corpn. Ltd.FinancialNCD3.6%
    GOISovereignCGL3.0%
    LIC Housing Finance Ltd.FinancialBonds/Deb3.0%
    GOISovereignCGL3.0%
    Reliance Industries Ltd.EnergyBonds/Deb3.0%
    See All

    Fund Managers

    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain

    Principal Ultra Short Term Fund Growth Details

    Principal Ultra Short Term Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹168 Cr and the Latest NAV as of 18 Sep 2020 is ₹2144.49.

    The Principal Ultra Short Term Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    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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