|Min SIP Amount||₹2000|
|NAV||₹2144.49 (18 Sep 2020)|
|Fund Started||28 Dec 2007|
|Fund Size||₹168 Cr|
|ICICI Securities Ltd.||Financial||CP||5.9%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.9%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||4.3%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||4.2%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.6%|
|LIC Housing Finance Ltd.||Financial||Bonds/Deb||3.0%|
|Reliance Industries Ltd.||Energy||Bonds/Deb||3.0%|
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.
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.