Principal Low Duration Fund

Principal Low Duration Fund

Moderately Low Risk
NAV (as on 17-12-2018)

2985.6155

1 YEAR RETURN (as on 17-12-2018)

6.57%

CAGR since inception (since 01-01-2013)

8.61%

AUM (as on 30-Nov-2018)

255 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 17-12-2018
* 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 17-12-2018
* 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 17-12-2018
* Benchmark : CRISIL Low Duration Debt Index
* Additional Benchmark : CRISIL 1 Year T-Bill Index
As on 30-Nov-2018
46.00%
A1+
18.70%
AAA
14.74%
AA
9.77%
AA+
4.45%
Cash and Cash Equivalents
3.17%
Sovereign
3.17%
A(SO)
9.77%
9.20% Avanse Financial Services Ltd. 04-Jan-2019
9.60%
HDFC Bank Ltd. 08-Mar-2019
9.57%
ICICI Bank Ltd. 26-Mar-2019
9.40%
Small Industries Development Bank of India 05-Jun-2019
9.38%
9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
9.32%
8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021
8.95%
8.15% Piramal Enterprises Ltd. 14-Jun-2019
7.68%
Axis Bank Ltd. 07-Mar-2019
5.79%
8.70% JM Financial Products Ltd. 25-Jul-2019
4.45%
Cash & Cash Equivalents
3.91%
REC Ltd. 03-Dec-2018
3.17%
91 DAY T-BILL 08-Feb-2019
3.17%
10.35% Ess Kay Fincorp Ltd. 27-Dec-2019
1.96%
Reliance Industries Ltd. 05-Dec-2018
1.95%
Reliance Jio Infocomm Ltd. 12-Dec-2018
1.93%
National Bank for Agriculture and Rural Development 31-Jan-2019

Benchmark

CRISIL Low Duration Debt Index

Horizon

6-12 months

Age

5 Yrs 350 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

plans

Regular Plan and Direct Plan

expense ratio

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

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).
Fresh subscription discontinued.

fund manager

Pankaj Jain

Pankaj Jain is a Senior Fund Manager, Fixed Income with over 14 years ...
funds managed

Scheme Document & Forms

Fact Sheet

KIM

Application Form