Name: Principal Short Term Debt Fund Growth
Brand: Principal Mutual Fund

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Principal Short Term Debt Fund Growth
Debt
Short Duration
Moderate Risk
3.92%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹34.96
Min. SIP Amount₹2,000
Rating2star
Fund Size₹135.34 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%4.3%5.0%7.1%
Category average4.3%6.4%6.4%NA
Rank with in category212019NA
Understand termsinfo
Holdings (25)NameSectorInstrumentAssets
Maharashtra State
OthersSDL7.4%
GOI
SovereignGOI Sec6.2%
Ultratech Cement Ltd.ConstructionDebenture5.2%
Indian Oil Corporation Ltd.EnergyDebenture4.5%
HDFC Bank Ltd.FinancialBonds/Deb4.0%
GOI
SovereignGOI Sec3.9%
ICICI Bank Ltd.FinancialBonds3.9%
National Housing Bank
FinancialNCD3.9%
Power Finance Corporation Ltd.
FinancialDebenture3.9%
Housing Development Finance Corpn. Ltd.FinancialDebenture3.9%
See All
Pros and consCategory: Debt Short Duration
ProsAge is more than 10 years
Exit load is zero
ConsAsset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns
5Y Returns are lower than the category average returns
10Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 1.03%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹2,000
Fund managementGurvinder Singh Wasan
May 2011 - Present
View Details
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Education
Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
Also manages these schemes
Principal Short Term Debt Fund Growth
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Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Corporate Bond Fund IDCW Monthly
Principal Corporate Bond Fund IDCW Quarterly
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Principal Credit Risk Fund Growth
Principal Credit Risk Fund IDCW Monthly
Principal Credit Risk Fund Direct IDCW Monthly
Principal Credit Risk Fund Direct Growth
Principal Short Term Debt Fund Direct Growth
Principal Short Term Debt Fund Direct IDCW Monthly
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Corporate Bond Fund Direct IDCW Monthly
Principal Corporate Bond Fund Direct Growth
Fund house & investment objective
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Principal Mutual Fund
Rank (total assets)#24 in India
Total AUM7,817.63 Cr
Date of Incorporation25 Nov 1994
Principal Short Term Debt Fund Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 2
Principal Short Term Debt Fund Growth is a Debt Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 25 Nov 1994. Gurvinder Singh Wasan is the Current Fund Manager of Principal Short Term Debt Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,818 Cr and the Latest NAV as of 28 Jul 2021 is ₹34.96.
The Principal Short Term Debt Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000. ...Read more
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 cas
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.
...Read more
Fund benchmarkCRISIL Short-Term Bond
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
Phone
022-67720555
Launch Date
25 Nov 1994
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	3.9%	4.3%	5.0%	7.1%
Category average	4.3%	6.4%	6.4%	NA
Rank with in category	21	20	19	NA

Name	Sector	Instrument	Assets
Maharashtra State	Others	SDL	7.4%
GOI	Sovereign	GOI Sec	6.2%
Ultratech Cement Ltd.	Construction	Debenture	5.2%
Indian Oil Corporation Ltd.	Energy	Debenture	4.5%
HDFC Bank Ltd.	Financial	Bonds/Deb	4.0%
GOI	Sovereign	GOI Sec	3.9%
ICICI Bank Ltd.	Financial	Bonds	3.9%
National Housing Bank	Financial	NCD	3.9%
Power Finance Corporation Ltd.	Financial	Debenture	3.9%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	3.9%

Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹5,000

Rating	2
Fund Size	₹135.34 Cr