CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
PRPrincipal MFGrowth

Principal Bank CD Fund - Growth

debtDebt - Ultra Short Term FundBenchmark: CRISIL Liquid Debt Index
NAV · 19 May 2017₹2,090.54+0.02%
AUM₹74 Cr
Expense Ratio0.73%
CAGR—
Exit Load1% on or before 180D,0.50% after 180D but on or before 270D,0.25% after 270D but on or before 365D and Nil after 365D
Min SIP—
Launched2007

Investment Objective

The new objective will be to generate returns by primarily investing in Bank CDs. Presently, the objective is to generate regular income through investments in debt securities and money market instruments.

Fund Mandate

Bank CD,Repo, CBLO & units of Money Market/Liquid Funds0%–90%
Debt Instruments10%–20%
Asset Allocation
Debt33.8%
Cash & Equivalents7.1%
Other59.1%
Fund Managers
GS
Gurvinder Singh Wasan
Fund Manager
Key Information
0.73%
—
₹5,000
1% on or before 180D,0.50% after 180D but on or before 270D,0.25% after 270D but on or before 365D and Nil after 365D
Nil
Inception06 Nov 2007
AMCPrincipal MF
Top Holdings
1Principal Cash Management Fund - Direct Plan - Growth Option59.06%
2CBLO / Reverse Repo Investments6.83%
3Kotak Mahindra Bank Ltd.6.77%
4The Federal Bank Ltd.6.77%
5DCB Bank Ltd.6.77%
6Axis Bank Ltd.6.76%
7IDFC Bank Ltd.6.75%
8Net Receivable/Payable0.29%
Sector Allocation
Other100.0%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for Principal Bank CD Fund - Growth.

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Trailing Returns
PeriodReturns
1 Day+0.02%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.73%
1% on or before 180D,0.50% after 180D but on or before 270D,0.25% after 270D but on or before 365D and Nil after 365D
Nil
—
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme