Principal Short Term Fund (Debt, Debt Short Duration)

Moderate
16 yrs 6 monthsStarted on:13 May 2003
₹ 154.21 Cras on: 18 Oct 2019
Mid Term & Long Horizon
1.05%
Income Generation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

Investment Objective

The fund aims to generate income and capital appreciation from a portfolio of debt and money market instruments. The fund can be slotted between a cash fund and a bond fund.

Exit Load

Exit Load : 0.50% if redeemed within 60 days from the date of allotment; Nil if redeemed after 60 days from the date of allotment.

Scheme Documents

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Tenure

TenureReturns (CAGR)
1 Month0.49
3 Month1.64
2 YR1.58
3 YR3.35

SIP Returns

TenureReturns (CAGR)
3 YR1.37
5 YR3.71
10 YR6.17

Portfolio

Company Name% Assets
IIFL Home Finance Ltd. 05/10/2020 8.65%8.22
National Thermal Power Corp. Ltd. 27/05/2021 8.10%6.62
National Bank For Agriculture & Rural Development 30/09/2020 6.98%6.49
Kotak Mahindra Bank Ltd. 03/12/20196.42
Indian Railway Finance Corpn. Ltd. 28/02/2024 8.25%6.09
Ultratech Cement Ltd. 06/08/2021 7.57%5.87
Reliance Industries Ltd. 31/08/2022 7.00%4.82
Bharat Petroleum Corpn. Ltd. 16/01/2023 7.69%3.97
Maharashtra State 24/12/2024 8.24%3.42
Indian Railway Finance Corpn. Ltd. 25/03/2029 8.30%3.38

Top Sectoral Holdings

Sector Name% Assets

Indicators

LabelValue
Standard Deviation5.68%
Beta1.23%

Gurvinder Singh Wasan

Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.

Other Funds Managed by Gurvinder Singh Wasan