Principal Low Duration Fund

Principal Low Duration Fund

NAV

(as on 12-04-2021)

2850.87

3 YRS CAGR

(as on 12-04-2021)

-0.2%

CAGR since inception

(since 01-01-2013)

5.54%

AUM

(as on 2021-03-31)

76.87 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* Benchmark : CRISIL Low Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* Benchmark : CRISIL Low Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* Benchmark : CRISIL Low Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 2021-03-31
As on 2021-03-31
% to NET Assets
Name
6.18%
HDB Financial Services Ltd. 08-Jun-2021
5.92%
6.70% Indian Railway Finance Corporation Ltd. 24-Nov-2021
5.81%
6.17% Government of India 15-Jul-2021
4.99%
6.70% National Bank for Agriculture and Rural Development 11-Nov-2022
4.96%
8.62% State Government of Gujarat 07-Sep-2021
4.95%
6.99% REC Ltd. 31-Dec-2021
4.94%
6.99% Ultratech Cement Ltd. 24-Nov-2021
4.91%
8.00% Cholamandalam Investment & Finance Co. Ltd. 13-Aug-2021
4.90%
5.09% Government of India 13-Apr-2022
4.90%
8.25% L&T Finance Ltd. 21-Jun-2021
3.95%
7.06% Housing Development Finance Corporation Ltd. 13-Dec-2021
3.89%
7.80% Government of India 11-Apr-2021
3.78%
Axis Bank Ltd. 22-Oct-2021
3.44%
7.24% LIC Housing Finance Ltd. 23-Aug-2021
2.99%
6.55% National Housing Bank 17-Apr-2023
2.95%
8.50% Small Industries Development Bank of India 21-Jun-2021
2.92%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
2.90%
Reliance Industries Ltd. 05-Mar-2021
2.89%
364 DAY T-BILL 15-Apr-2021
2.80%
TREPS 01-Mar-2021
2.66%
Cash & Cash Equivalents
2.59%
8.80% NTPC Ltd. 04-Apr-2023
2.43%
8.85% Bajaj Finance Ltd. 23-Mar-2021
1.95%
7.12% The Ramco Cements Ltd. 18-Jun-2021
1.94%
8.46% State Government of Maharashtra 03-Mar-2021
1.01%
91 DAY T-BILL 29-Apr-2021
1.00%
9.75% REC Ltd. 11-Nov-2021
0.95%
Housing Development Finance Corporation Ltd. 24-Sep-2021
0.50%
8.79% Government of India 08-Nov-2021

Benchmark

CRISIL Low Duration Debt Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

6-12 months

Age

8 Yrs 102 Days

Performance

Suitable for

1. Income over a short term investment horizon.
2. Investment in Debt and Money Market Instruments.

Investment Objective

To generate regular income and capital appreciation through investments in debt securities and money market instruments.

WHY INVEST IN Principal Low Duration Fund?

• The fund seeks to follow stringent liquidity and credit parameters to optimize the risk-return proposition for the investors.
• The mark-to-market component of the fund is managed within defined maturity profile of the scheme.
• Ideal for investing additional money for short term.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plans offer Dividend and Growth Option Dividend Frequencies (under both the Plan) - Daily/Weekly/Monthly

OTHER DETAILS

Exit Load:

NIL

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 2000*
STP - Rs 1000*
RWP - Rs 500*
*6 installments each

Cut Off Time

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

fund managers

Bekxy Kuriakose - Principal Balanced Advantage Fund Manager

Bekxy Kuriakose

Bekxy Kuriakose has over 18 years of experience in dealing, research a...
funds managed