Principal Ultra Short Term Fund

Principal Ultra Short Term Fund

NAV

(as on 25-09-2020)

2219.2120

3 YRS CAGR

(as on 25-09-2020)

4.99%

CAGR since inception

(since 01-01-2013)

7.3%

AUM

(as on 2020-08-31)

168.63 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-09-2020
* Benchmark : NIFTY Ultra Short 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 25-09-2020
* Benchmark : NIFTY Ultra Short 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 25-09-2020
* Benchmark : NIFTY Ultra Short Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 2020-08-31
As on 2020-08-31
% to NET Assets
Name
17.37%
TREPS 01-Sep-2020
6.07%
6.17% Government of India 15-Jul-2021
5.90%
ICICI Securities Ltd. 17-Nov-2020
4.93%
8.39% National Bank for Agriculture and Rural Development 19-Jul-2021
4.31%
8.50% Small Industries Development Bank of India 21-Jun-2021
4.19%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
3.59%
7.40% Housing Development Finance Corporation Ltd. 17-Nov-2020
3.05%
7.80% Government of India 11-Apr-2021
3.04%
8.60% LIC Housing Finance Ltd. 26-Feb-2021
3.01%
8.12% Government of India 10-Dec-2020
3.00%
7.07% Reliance Industries Ltd. 24-Dec-2020
2.99%
6.81% State Government of Maharashtra 25-Oct-2020
2.99%
8.35% State Government of Gujarat 06-Oct-2020
2.98%
8.38% State Government of Gujarat 22-Sep-2020
2.98%
7.50% Power Finance Corporation Ltd. 17-Sep-2020
2.97%
Axis Bank Ltd. 23-Sep-2020
2.96%
Axis Bank Ltd. 28-Oct-2020
2.94%
ICICI Bank Ltd. 18-Dec-2020
2.47%
182 DAY T-BILL 12-Nov-2020
2.46%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
1.84%
7.14% REC Ltd. 09-Dec-2021
1.81%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
1.71%
Cash & Cash Equivalents
1.61%
6.78% Reliance Industries Ltd. 16-Sep-2020
1.53%
6.70% Indian Railway Finance Corporation Ltd. 24-Nov-2021
1.52%
8.85% Bajaj Finance Ltd. 23-Mar-2021
1.51%
7.00% Government of India 21-Jan-2021
1.22%
7.57% Ultratech Cement Ltd. 06-Aug-2021
0.91%
7.24% LIC Housing Finance Ltd. 23-Aug-2021
0.62%
6.84% Government of India 19-Dec-2022
0.61%
7.03% LIC Housing Finance Ltd. 28-Dec-2021
0.60%
11.73% Housing Development Finance Corporation Ltd. 16-Sep-2020
0.31%
9.25% Power Grid Corporation of India Ltd. 24-Jul-2021

Benchmark

NIFTY Ultra Short Duration Debt Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

1-6 months

Age

7 Yrs 269 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 Ultra Short Term Fund?

• The fund seeks to follow stringent liquidity and credit parameters to optimize the risk-return proposition for the investors.
•The mark-to-market c omponent 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 Frequency - Regular Plan: Daily and Weekly Dividend - Reinvestment Facility Monthly Dividend - Payout, Reinvestment and Sweep facility. Direct Plan: Monthly Dividend - Payout, Reinvestment and Sweep facility.

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