Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary investment objective of the Floating Rate Fund will be to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Principal Low Duration Fund - Direct Plan - Growth Option 3.81 4.89 5.91 7.07 7.59 7.66
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
CRISIL Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Principal Low Duration Fund - Direct Plan - Growth Option Sep 14, 2004 5.91 7.07 7.59 0.66 242.66
BNP Paribas LOW DURATION Fund - Direct Plan - Growth Option Oct 21, 2005 7.52 7.10 7.55 0.99 276.52
DHFL Pramerica Low Duration Fund - Direct Plan - Growth Jun 22, 2007 7.40 7.55 8.30 1.17 313.64
Edelweiss Low Duration Fund - Direct Plan - Growth Option Sep 16, 2008 7.41 7.13 5.77 1.00 336.37
HSBC Low Duration Fund - Growth Direct Oct 17, 2006 7.09 6.82 7.48 1.04 332.89
Mirae Asset Savings Fund - Direct Plan - Growth Mar 05, 2008 7.16 6.52 6.82 0.84 476.33

Fund Holdings as on 31-March-2019

  • Small Industries Development Bank of India 05-Jun-2019

  • 9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019

  • 8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021

  • 8.15% Piramal Enterprises Ltd. 14-Jun-2019

  • Bank of Baroda 17-Mar-2020

  • IndusInd Bank Ltd. 10-Jun-2019

  • IDFC First Bank Ltd. 19-Jun-2019

  • 8.02% National Housing Bank 28-Feb-2020

  • Axis Bank Ltd. 15-Nov-2019

  • 6.98% National Bank for Agriculture and Rural Development 30-Sep-2020

  • 8.70% JM Financial Products Ltd. 25-Jul-2019

  • 10.35% Ess Kay Fincorp Ltd. 27-Dec-2019

  • Net Receivable / Payable

  • Punjab National Bank 20-May-2019

  • Vijaya Bank 30-May-2019

  • Axis Bank Ltd. 12-Jun-2019

  • TREPS 02-Apr-2019

  • 91 DAY T-BILL 02-May-2019

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  • Miscellaneous

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About Principal Low Duration Fund

Scheme Analysis

Principal Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Principal Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹242.66 crore. Principal Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Low Duration Debt Index as secondary index.

The NAV of Principal Low Duration Fund ended up ₹0.14(0%)yesterday to ₹3051.99.

Among its top 3 holdings the fund has exposure to Small Industries Development Bank of India 05-Jun-2019, 9.05% Dewan Housing Finance Corporation Ltd. 09-Sep-2019 and 8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021

The Principal Low Duration Fund is managed by Pankaj Jain .

Fund House Contact

Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai - 400 051

+91 (22) 67720555
+91 (22) 67720512

Fund Manager

  • [ICRA]A1+

  • [ICRA]AA

  • CARE A

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AAA

  • IND A+(SO)

  • IND AAA

  • Sovereign

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