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 7.99 -58.60 -11.14 0.85 3.83 6.39
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 Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Principal Low Duration Fund - Direct Plan - Growth Option Sep 14, 2004 Unrated -11.14 0.85 3.83 0.70 178.28
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan May 14, 1998 8.32 7.31 7.76 1.23 8,585.69
Franklin India Low Duration Fund - Direct - Growth Feb 07, 2000 5.97 6.10 6.51 0.88 6,631.64
Kotak Low Duration Fund- Direct Plan- Growth Option Mar 06, 2008 7.89 7.64 8.41 1.06 5,017.61
Reliance Low Duration Fund - Direct Plan Growth Plan - Growth Option Mar 20, 2007 Unrated 6.63 6.89 7.58 0.65 4,168.48
IDFC Low Duration Fund -Direct Plan-Growth Jan 17, 2006 Unrated 8.52 7.61 8.13 0.49 3,889.94

Fund Holdings as on 30-June-2019

  • TREPS 01-Jul-2019

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

  • Bank of Baroda 17-Mar-2020

  • 8.02% National Housing Bank 31-Jan-2022

  • Axis Bank Ltd. 15-Nov-2019

  • 8.51% Housing Development Finance Corporation Ltd. 15-Jul-2020

  • Punjab National Bank 06-Sep-2019

  • Small Industries Development Bank of India 29-Nov-2019

  • Kotak Mahindra Bank Ltd. 03-Dec-2019

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

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

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

  • Canara Bank 31-Jul-2019

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

  • Net Receivable / Payable

  • 364 DAY T-BILL 25-Jul-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 ₹178.28 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 ₹0.48(0.02%)yesterday to ₹2603.48.

Among its top 3 holdings the fund has exposure to TREPS 01-Jul-2019, 6.98% National Bank for Agriculture and Rural Development 30-Sep-2020 and Bank of Baroda 17-Mar-2020

The Principal Low Duration Fund is managed by Bekxy Kuriakose .

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+

  • CARE D

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AAA

  • IND A+(SO)

  • IND AAA

  • Sov

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