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Best Principal Debt Mutual Funds

Principal Mutual Fund was established in 1994 and is one of the oldest AMC's in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.

With a financial legacy of more than 130 years, their global expertise proves to be am asset for taking adequate market decisions.

The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

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Top 10 Principal Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Principal Emerging Bluechip FundEquityModerately High19.3%4star2,120
Principal Hybrid Equity FundHybridModerately High13.0%4star1,033
Principal Cash Management FundDebtLow4.0%2star198
Principal Tax Savings FundEquityModerately High14.8%3star408
Principal Growth FundEquityModerately High10.6%3star646
Principal Dividend Yield FundEquityModerately High17.1%3star166
Principal Focused Multicap FundEquityModerately High6.5%4star399
Principal Focused Multicap FundEquityModerately High15.8%4star400
Principal Nifty 100 Equal Weight FundOthersModerately High10.9%1star17
PRINCIPAL Global Opportunities FundOthersHigh17.5%1star19
Principal Credit Risk FundDebtModerate12.3%3star14
Principal Smart Equity FundHybridModerately High9.7%3star138
Principal Money Manager FundDebtModerately Low5.0%2star137
Principal Low Duration FundDebtModerately Low5.5%2star97
Principal Equity Savings FundHybridModerately High14.1%4star43
View All Top 10 Principal Mutual Funds

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Now let us jump and check about these top 10 mutual fund schemes.

Principal Emerging Bluechip Fund Direct Growth

Fund Performance: This fund has given 6.35% annualized returns in the last three years. In the last year, its returns were 19.3%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 19.3% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM2,120Cr
1Y Returns19.3%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 6.18% annualized returns in the last three years. In the last year, its returns were 12.98%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 12.98% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM1,033Cr
1Y Returns13.0%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 2.8% annualized returns in the last three years. In the last year, its returns were 4%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM198Cr
1Y Returns4.0%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 4.03% annualized returns in the last three years. In the last year, its returns were 14.8%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 14.8% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM408Cr
1Y Returns14.8%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 3.63% annualized returns in the last three years. In the last year, its returns were 10.56%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.56% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM646Cr
1Y Returns10.6%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 7.37% annualized returns in the last three years. In the last year, its returns were 17.1%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM166Cr
1Y Returns17.1%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 5.9% annualized returns in the last three years. In the last year, its returns were 6.53%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.53% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM399Cr
1Y Returns6.5%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 10.11% annualized returns in the last three years. In the last year, its returns were 15.78%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 15.78% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM400Cr
1Y Returns15.8%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given 4.82% annualized returns in the last three years. In the last year, its returns were 10.91%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.91% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM17Cr
1Y Returns10.9%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 9.06% annualized returns in the last three years. In the last year, its returns were 17.52%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.52% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹10,000
AUM19Cr
1Y Returns17.5%

Principal Credit Risk Fund Direct Growth

Fund Performance: This fund has given 6.62% annualized returns in the last three years. In the last year, its returns were 12.3%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 12.3% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹2,00,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹2,00,000
AUM14Cr
1Y Returns12.3%

Principal Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 6.06% annualized returns in the last three years. In the last year, its returns were 9.72%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.72% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM138Cr
1Y Returns9.7%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 4.81% annualized returns in the last three years. In the last year, its returns were 5%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 5% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM137Cr
1Y Returns5.0%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given 0.22% annualized returns in the last three years. In the last year, its returns were 5.45%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 5.45% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM97Cr
1Y Returns5.5%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 7.98% annualized returns in the last three years. In the last year, its returns were 14.08%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 14.08% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM43Cr
1Y Returns14.1%

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