Fund Details
Principal Short Term Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 0.63% |
| NAV | ₹36.81 (23 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹140 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.8% |
| Maharashtra State | Others | SDL | 7.1% |
| GOI | Sovereign | GOI Sec | 6.0% |
| Ultratech Cement Ltd. | Construction | Debenture | 5.0% |
| GOI | Sovereign | GOI Sec | 4.9% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 4.3% |
| HDFC Bank Ltd. | Financial | Bonds/Deb | 3.9% |
| National Housing Bank | Financial | NCD | 3.8% |
| ICICI Bank Ltd. | Financial | Bonds | 3.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.8% |
Fund Managers
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 ₹140 Cr and the Latest NAV as of 23 Jun 2021 is ₹36.81.
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.
