Formerly Principal S/T Income Gr
₹ 34.1126
NAV (Mar 04)
Neutral
However, Scripbox does not recommend investing in short term mutual funds.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Track Record
18 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
158 Cr. Small within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
1.03 %
Expense Ratio
May 09, 2003
Launched (18y ago)
₹ 158
AUM in Crores
INF173K01BA3
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹ 2,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
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Liquid
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Low Duration
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19 Years
Age
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Liquid
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18 Years
Age
Track Record
About the AMC
Principal Asset Management Private Limited
Principal Asset Management Private Limited manages assets worth 7,381 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 26 equity,31 debt and 16 hybrid funds.
Diversified
Top Ranked
₹ 473 Cr
Fund Size
15.2%
3Y returns
Diversified
Top Ranked
₹ 2,328 Cr
Fund Size
10.9%
3Y returns
Liquid
Top Ranked
₹ 201 Cr
Fund Size
2.4%
3Y returns
Diversified
Top Ranked
₹ 184 Cr
Fund Size
11.1%
3Y returns
Liquid
Top Ranked
₹ 201 Cr
Fund Size
1.6%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Principal Short Term Debt Fund (G) is a short term debt fund and has delivered an annualised return of 7.1% over a period of 18 years .The fund was previously known as Principal S/T Income Gr.The fund is managed by Principal Asset Management Private Limited.The fund manager’s name is Gurvinder Wasan.
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. However, there is no assurance that the objective of the scheme will be realized.
The Principal Short Term Debt Fund (G) fund was launched on May 09, 2003. The NAV (Net Asset Value) of this short term debt as of 2021-03-04 is ₹ 34.1126. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 157.548. The category risk of the Principal Short Term Debt Fund (G) fund is Moderate Risk. The fund charges 1.03 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 89.2% in this asset class. The top three holdings of the fund are 7.27% govt stock 2026,06.45 mh sdl 2027 and indian railway finance corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 2000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR.
Principal Short Term Debt Fund (G) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Principal Short Term Debt Fund (G) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.