Principal Short Term Debt Fund Direct Growth+0.02%

10.47%
1 Year Return
Debt
Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Short Term Debt Fund Direct Growth

RiskModerate
Min SIP Amount₹2000
Expense Ratio0.61%
NAV35.97 (29 Oct 2020)
Fund Started01 Jan 2013
Fund Size161 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Short Term Debt Fund Direct Growth
10.5%
5.0%
6.6%
7.6%
Category Average
8.9%
6.3%
7.0%
-
Rank within category
11
18
19
-
*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 10.5% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec9.9%
    GOISovereignGOI Sec6.2%
    GOISovereignGOI Sec5.8%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture5.8%
    GOISovereignGOI Sec4.7%
    Ultratech Cement Ltd.ConstructionDebenture4.5%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.0%
    Indian Oil Corpn. Ltd.EnergyDebenture3.8%
    HDFC Bank Ltd.FinancialBonds/Deb3.3%
    Power Finance Corpn. Ltd.FinancialDebenture3.3%
    See All

    Principal Short Term Debt Fund Direct Growth Details

    Principal Short Term Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Gurvinder Singh Wasan is the Current Fund Manager of Principal Short Term Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹161 Cr and the Latest NAV as of 29 Oct 2020 is ₹35.97.

    The Principal Short Term Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The fund aims to generate income and capital appreciation from a portfolio of debt and money market instruments. The fund can be slotted between a cash fund and a bond fund.

    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
    Stock Holding Corp. of India Ltd.
    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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