|Risk||Low to Moderate|
|Min SIP Amount||₹2000|
|NAV||₹1059.45 (23 Jul 2021)|
|Fund Started||28 Dec 2007|
|Fund Size||₹128 Cr|
|Indusind Bank Ltd.||Financial||CD||6.1%|
|Axis Bank Ltd.||Financial||CD||4.6%|
|Reliance Industries Ltd.||Energy||Debenture||4.0%|
|Cholamandalam Investment & Finance Company Ltd.||Financial||Debenture||3.9%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.9%|
|LIC Housing Finance Ltd.||Financial||CP||3.9%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
Principal Ultra Short Term Fund IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹128 Cr and the Latest NAV as of 23 Jul 2021 is ₹1059.45.
The Principal Ultra Short Term Fund IDCW Monthly 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.