Principal Short Term Debt Fund

Principal Short Term Debt Fund

NAV

(as on 12-04-2021)

36.44

3 YRS CAGR

(as on 12-04-2021)

4.6%

CAGR since inception

(since 01-01-2013)

7.38%

AUM

(as on 2021-03-31)

138.84 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt 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 12-04-2021
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt 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 12-04-2021
* Benchmark : CRISIL Short Term Bond Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index
As on 2021-03-31
As on 2021-03-31
% to NET Assets
Name
12.44%
TREPS 01-Mar-2021
6.47%
6.45% State Government of Maharashtra 14-Oct-2027
6.00%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
4.67%
7.57% Ultratech Cement Ltd. 06-Aug-2021
4.50%
7.27% Government of India 08-Apr-2026
4.49%
5.15% Government of India 09-Nov-2025
4.18%
8.50% National Bank for Agriculture and Rural Development 31-Jan-2023
3.97%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
3.71%
6.18% Government of India 04-Nov-2024
3.53%
7.95% HDFC Bank Ltd. 21-Sep-2026
3.45%
7.99% Power Finance Corporation Ltd. 20-Dec-2022
3.45%
7.60% ICICI Bank Ltd. 07-Oct-2023
3.42%
7.05% National Housing Bank 18-Dec-2024
3.41%
7.45% LIC Housing Finance Ltd. 10-Feb-2023
3.41%
7.05% Reliance Industries Ltd. 13-Sep-2023
3.40%
7.35% Housing Development Finance Corporation Ltd. 10-Feb-2025
3.39%
6.80% Hindustan Petroleum Corporation Ltd. 15-Dec-2022
3.38%
6.79% Government of India 15-May-2027
3.31%
7.12% The Ramco Cements Ltd. 18-Jun-2021
3.21%
5.45% NTPC Ltd. 15-Oct-2025
2.74%
7.17% Government of India 08-Jan-2028
2.73%
7.24% REC Ltd. 31-Dec-2022
2.71%
6.84% Government of India 19-Dec-2022
1.36%
Cash & Cash Equivalents
1.27%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.70%
7.32% Government of India 28-Jan-2024
0.70%
8.80% NTPC Ltd. 04-Apr-2023

Benchmark

CRISIL Short Term Bond Fund Index

Additional Benchmark

CRISIL 10 Year Gilt Index

Horizon

1-3 Years

Age

8 Yrs 102 Days

Performance

Suitable for

1. Income over a medium term investment horizon.
2. Investment in Debt and Money Market Instruments.

Investment Objective

To generate regular income and capital appreciation/accretion through investment in debt instruments and related securities besides preservation of capital and has been designed to achieve stable returns over shorter term investment horizons.

WHY INVEST IN Principal Short Term Debt Fund?

• The fund seeks to provide attractive entry point for investors seeking regular income and capital appreciation.
• Short term duration ensures lower volatility from interest rate movements.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plan offer Dividend and Growth Option Dividend | Dividend Frequency - 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

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

fund managers

Gurvinder Singh Wasan Principal Corporate Bond Fund Manager

Gurvinder Singh Wasan

Gurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He h...
funds managed