Principal Ultra Short Term Fund

Principal Ultra Short Term Fund

NAV

(as on 29-10-2020)

2228.56

3 YRS CAGR

(as on 29-10-2020)

4.91%

CAGR since inception

(since 01-01-2013)

7.27%

AUM

(as on 2020-09-30)

150.6 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 29-10-2020
* 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 29-10-2020
* 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 29-10-2020
* Benchmark : NIFTY Ultra Short Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 2020-09-30
As on 2020-09-30
% to NET Assets
Name
15.44%
TREPS 01-Oct-2020
6.77%
7.80% Government of India 11-Apr-2021
6.59%
ICICI Securities Ltd. 17-Nov-2020
6.06%
182 DAY T-BILL 12-Nov-2020
5.47%
8.39% National Bank for Agriculture and Rural Development 19-Jul-2021
4.78%
8.50% Small Industries Development Bank of India 21-Jun-2021
4.65%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
3.37%
8.60% LIC Housing Finance Ltd. 26-Feb-2021
3.35%
7.00% Government of India 21-Jan-2021
3.34%
7.07% Reliance Industries Ltd. 24-Dec-2020
3.32%
6.81% State Government of Maharashtra 25-Oct-2020
3.31%
91 DAY T-BILL 08-Oct-2020
3.31%
8.35% State Government of Gujarat 06-Oct-2020
3.30%
Axis Bank Ltd. 28-Oct-2020
3.30%
182 DAY T-BILL 19-Nov-2020
3.29%
ICICI Bank Ltd. 18-Dec-2020
3.23%
Housing Development Finance Corporation Ltd. 25-May-2021
2.73%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
2.04%
7.14% REC Ltd. 09-Dec-2021
2.01%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
1.73%
8.53% State Government of Maharashtra 27-Oct-2020
1.70%
6.70% Indian Railway Finance Corporation Ltd. 24-Nov-2021
1.69%
8.85% Bajaj Finance Ltd. 23-Mar-2021
1.65%
91 DAY T-BILL 26-Nov-2020
1.36%
7.57% Ultratech Cement Ltd. 06-Aug-2021
1.02%
7.24% LIC Housing Finance Ltd. 23-Aug-2021
0.93%
8.12% Government of India 10-Dec-2020
0.68%
7.03% LIC Housing Finance Ltd. 28-Dec-2021
0.35%
6.84% Government of India 19-Dec-2022
0.34%
9.25% Power Grid Corporation of India Ltd. 24-Jul-2021
-1.11%
Cash & Cash Equivalents

Benchmark

NIFTY Ultra Short Duration Debt Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

1-6 months

Age

7 Yrs 302 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. 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