Principal Short Term Debt Fund Growth - Latest NAV, Returns, Performance & Portfolio

Principal Short Term Debt Fund Growth

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    5.59%
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    (+0.03)31.8846

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Fund Summarystar

PeriodReturns(per year)
10 Years7.1%
5 Years5.59%
3 Years3.74%
1 Year-0.75%
6 Months4.11%
Fund Details
ISININF173K01BA3
RiskModerate Risk
Fund TypeShort Duration
NAV31.8846
Exit Load--

More about this fundstar

Top HoldingsWeightage
NTPC Limited7.6%
INDIAN RAILWAY FINANCE CORPORATION LIMITED7.04%
Ultratech Cement Limited6.78%
GOVT STOCK6.14%
Reliance Industries Limited5.59%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT5.44%
INDIAN RAILWAY FINANCE CORPORATION LIMITED3.88%
Export-Import Bank Of India3.88%
7.59% Govt Stock 20263.87%
GOVT STOCK3.84%

About Principal Short Term Debt Fund

The Principal Short Term Debt Fund is an open-ended, short-term debt scheme. It seeks to generate regular income and capital appreciation by investing in debt securities and related instruments. Further, it endeavors to preserve capital and has been designed to generate stable returns over shorter-term investment horizons.

Pros & Cons of Principal Short Term Debt Fund

  1. The scheme predominantly invests in debt securities (including securitized debt and money market instruments) in such a manner that the Macaulay Duration of the portfolio is between 1 and 3 years.
  2. The shorter-term ensures lower volatility from interest rate movements. As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Short Duration Fund category.
  3. Further, it has generated returns of 8.13% per year over the last 10 years (as on January 04, 2019).

Fund Information and Statistics of Principal Short Term Debt Fund

i) Inception / Launch Date

The scheme was launched on 09 May 2003 by Principal Mutual Fund.

ii) Risk Level

The scheme invests in debt securities and money market instruments keeping the Macaulay Duration of the portfolio between 1 and 3 years. It has a moderate risk level associated with it.

iii) Redemption

The minimum redemption amount is Rs. 500 or 50 units. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Gurvinder Singh Wasan is the Fund Manager of the Principal Short Term Debt Fund since April 2011.

v) Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Principal Short Term Debt Fund

The following taxes are applicable to income arising from investing in this scheme: 1. STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab. 2. LTCG component is taxed at 20% with indexation benefits.

About Principal Mutual Fund

Principal Mutual Fund started doing business in India in the year 2000. Imbibing the ethical standards of the parent company, Principal Financial Group, the fund house offer quality investment products, and long-term financial solutions.

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns