Principal Ultra Short Term Fund

Principal Ultra Short Term Fund

NAV

(as on 24-01-2020)

2145.3036

3 YRS CAGR

(as on 24-01-2020)

5.44%

CAGR since inception

(since 01-01-2013)

7.51%

AUM

(as on 31-Dec-2019)

70.65 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-01-2020
* 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 24-01-2020
* 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 24-01-2020
* Benchmark : NIFTY Ultra Short Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 31-Dec-2019
As on 31-Dec-2019
% to NET Assets
Name
19.81%
TREPS 01-Jan-2020
7.20%
8.00% National Housing Bank 22-Feb-2022
7.17%
7.05% Power Finance Corporation Ltd. 15-May-2020
7.07%
HDFC Bank Ltd. 06-Mar-2020
6.75%
ICICI Bank Ltd. 18-Dec-2020
5.66%
Indian Bank 11-Mar-2020
4.60%
7.74% Bajaj Finance Ltd. 30-Jun-2020
4.36%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
4.30%
7.14% REC Ltd. 09-Dec-2021
4.25%
Vardhman Special Steels Ltd. 13-Feb-2020
4.17%
AU Small Finance Bank Ltd. 29-May-2020
3.87%
6.78% Reliance Industries Ltd. 16-Sep-2020
2.91%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
2.88%
8.51% Housing Development Finance Corporation Ltd. 15-Jul-2020
2.84%
Small Industries Development Bank of India 28-Jan-2020
2.84%
National Bank for Agriculture and Rural Development 29-Jan-2020
2.14%
7.24% LIC Housing Finance Ltd. 23-Aug-2021
1.48%
9.48% REC Ltd. 10-Aug-2021
1.43%
IndusInd Bank Ltd. 06-Jan-2020
1.42%
7.03% LIC Housing Finance Ltd. 28-Dec-2021
1.36%
Axis Bank Ltd. 30-Oct-2020
0.93%
Cash & Cash Equivalents
0.56%
364 DAY T-BILL 09-Jan-2020

Benchmark

NIFTY Ultra Short Duration Debt Index

Additional Benchmark

CRISIL 1 Year T-Bill Index

Horizon

1-6 months

Age

7 Yrs 25 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

3.00 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 3.00 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