Fund Details
Principal Short Term Debt Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹2000 |
| Expense Ratio | 1.03% |
| NAV | ₹34.50 (22 Apr 2021) |
|---|---|
| Fund Started | 09 May 2003 |
| Fund Size | ₹139 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 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
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.8% |
| GOI | Sovereign | GOI Sec | 7.7% |
| Maharashtra State | Others | SDL | 7.1% |
| Ultratech Cement Ltd. | Construction | Debenture | 5.1% |
| GOI | Sovereign | GOI Sec | 4.9% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 4.3% |
| HDFC Bank Ltd. | Financial | Bonds/Deb | 3.9% |
| ICICI Bank Ltd. | Financial | Bonds | 3.8% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 3.8% |
| National Housing Bank | Financial | NCD | 3.8% |
Fund Managers
Principal Short Term Debt Fund Growth Details
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 09 May 2003. 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 ₹139 Cr and the Latest NAV as of 22 Apr 2021 is ₹34.50.
The Principal Short Term Debt Fund 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.
