Principal Low Duration Fund

Principal Low Duration Fund

NAV

(as on 01-07-2020)

2619.6321

3 YRS CAGR

(as on 01-07-2020)

-1.12%

CAGR since inception

(since 01-01-2013)

4.94%

AUM

(as on 31-May-2020)

95.33 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 01-07-2020
* 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 01-07-2020
* 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 01-07-2020
* Benchmark : CRISIL Low Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 31-May-2020
As on 31-May-2020
% to NET Assets
Name
19.21%
TREPS 01-Jun-2020
9.47%
7.74% Bajaj Finance Ltd. 30-Jun-2020
8.88%
6.84% Government of India 19-Dec-2022
8.26%
Axis Bank Ltd. 30-Oct-2020
6.40%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
5.31%
6.81% State Government of Maharashtra 25-Oct-2020
5.30%
6.99% REC Ltd. 31-Dec-2021
5.30%
6.98% National Bank for Agriculture and Rural Development 30-Sep-2020
5.27%
6.78% Reliance Industries Ltd. 16-Sep-2020
5.14%
ICICI Bank Ltd. 18-Dec-2020
4.25%
7.06% Housing Development Finance Corporation Ltd. 13-Dec-2021
3.71%
7.24% LIC Housing Finance Ltd. 23-Aug-2021
3.25%
6.55% National Housing Bank 17-Apr-2023
2.71%
6.70% Indian Railway Finance Corporation Ltd. 24-Nov-2021
2.16%
Cash & Cash Equivalents
2.12%
7.12% The Ramco Cements Ltd. 18-Jun-2021
2.10%
Bank of Baroda 01-Jun-2020
1.03%
364 DAY T-BILL 02-Jul-2020
0.13%
91 DAY T-BILL 11-Jun-2020

Benchmark

CRISIL Low Duration Debt Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

6-12 months

Age

7 Yrs 182 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

1.00 p.m (Applicable from 7th April till further notice). In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 1.00 p.m. and receipt of application (duly time stamped).

fund manager

Bekxy Kuriakose - Principal Balanced Advantage Fund Manager

Bekxy Kuriakose

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