|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹2178.75 (16 Apr 2021)|
|Fund Started||28 Dec 2007|
|Fund Size||₹131 Cr|
|Bharat Petroleum Corpn. Ltd.||Energy||CP||7.7%|
|Bajaj Finance Ltd.||Financial||Debenture||7.0%|
|Indusind Bank Ltd.||Financial||CD||5.9%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||5.4%|
|HDB Financial Services Ltd.||Financial||ZCB||4.9%|
|Axis Bank Ltd.||Financial||CD||4.5%|
|Reliance Industries Ltd.||Energy||Debenture||4.0%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Debenture||3.9%|
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 ₹131 Cr and the Latest NAV as of 16 Apr 2021 is ₹2178.75.
The Principal Ultra Short Term Fund Growth is rated Low to Moderate 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.