• Mutual Funds
  • Principal Mutual Fund
  • Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M)

Formerly Principal US/T Mn DR

Principal Mutual Fund

Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M)

DebtUltra Short

1059.7837

NAV (Dec 02)

2.3%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in ultra short mutual funds.

However, Scripbox does not recommend investing in ultra short mutual funds.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

14 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

108 Cr. Small within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1059.7837

NAV (Dec 2)

Fund Returns

Last 1Y

0.4%

Last 3Y

2.3%

Last 5Y

2.2%

Last 10Y

NA

Since Inception

3.3%

6 Month CAGR

0%

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Scheme Information

Investment Objective

To generate regular income & capital appreciation through investments in debt securities and money market instruments.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low to Moderate Risk

Expense Ratio

1.05

Launched (14y ago)

Dec 28, 2007

AUM in Crores

107.259

ISIN

INF173K01CC7

Lock-in

No Lock-in

Benchmark

NIFTY Ultra Short Duration Debt TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers
user-avatar

Bekxy Kuriakose

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 31,118 cr

5

₹ 27,296 cr

5

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About the AMC

Principal Asset Management Private Limited

Principal Asset Management Private Limited manages assets worth 9,520 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 30 equity,31 debt and 16 hybrid funds.

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  • tel-amc-about
    022-67720555
  • mail-amc-about
    customer@principalindia.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    21.9%

    24.9%

    21.6%

    16.2%

    21.9%

    24.9%

    16.7%

    15.3%

    21.9%

    24.9%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

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    About Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M)

    About Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M)

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) is a Ultra Short Debt fund and has delivered an annualised return of 3.3% over a period of 13 years. The fund was previously known as Principal US/T Mn DR . The fund is managed by Principal Asset Management Private Limited. The fund manager’s name is Bekxy Kuriakose

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) Investment Objective

    To generate regular income & capital appreciation through investments in debt securities and money market instruments. . However, there is no assurance that the objective of the scheme will be realized.

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) NAV,AUM,Risk

    The Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) fund was launched on Dec 28, 2007. The NAV (Net Asset Value) of this Ultra Short Debt fund as of 2021-12-02 is ₹1059.78. The total AUM (Asset Under Management) of the fund as of 03/12/2021 is ₹107.259. The category risk of the Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) fund is Low to Moderate Risk. The fund charges 1.05 % as expense ratio.

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) Holdings

    The fund’s highest allocation is towards Debt and has invested 51.7% in this asset class. The top three holdings of the fund are , treps 16-nov-2021 , indusind bank limited , indian oil corporation limited , power grid corporation of india limited , small industries development bank of india , power finance corporation limited , housing development finance corporation limited , national bank for agriculture and rural development , reliance industries limited , 182 dtb 21042022 , astec lifesciences limited , indian railway finance corporation limited , 8.91% gujarat sdl 2022 , 8.13% govt stock 2022 , rural electrification corporation limited , larsen and toubro limited , lic housing finance limited , grasim industries limited , jm financial products limited , ultratech cement limited , net receivable / payable , 8.15% govt stock 2022 , 8.35% govt stock 2022 , 7.02% mh sdl 2022 , icici securities limited , lic housing finance limited , 91 dtb 06012022

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) Investment volatility and Horizon

    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 NIFTY Ultra Short Duration Debt TR INR.

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) Review

    Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) has a score of 3 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Principal Ultra Short Term Fund of Income Dis cum Cap Wdrl (RIDCW-M) has a score of 2out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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