(Erstwhile Principal Retail Money Manager Fund) Table of Contents To generate steady return by investing in debt and money market securities.
The portfolio will be predominantly invested in overnight repo, CBLO, floating rate instruments and other fixed income instruments. Principal Ultra Short Term Fund is a Debt - Ultrashort Bond fund launched on 28 Dec 07. It is a fund with Moderately Low risk and has given a Below is the key information for Principal Ultra Short Term Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Principal Ultra Short Term Fund - G
Scheme Objective
CAGR
return of 5.7% since its launch. Ranked 43 in Ultrashort Bond
category. Return for 2022 was 3.7% , 2021 was 2.7% and 2020 was 4.1% . NAV as on 22 Aug 23 ₹2,393.44 ↑ 0.44 (0.02 %) Net Assets (AUM) as on 31 Jul 2023 ₹1,683 Cr. Launch Date 28 Dec 2007 Category Debt - Ultrashort Bond Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.14% Effective Maturity 5 Months 6 Days Modified Duration 4 Months 26 Days Alpha Ratio 0.0 Expense Ratio 1.39 % Sharpe Ratio -2.888 Information Ratio 0.0 Benchmark Not Available ISIN INF173K01CU9 AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Min Investment ₹5,000 Min SIP Investment ₹2,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.5% 3 Month 1.4% 6 Month 3.2% 1 Year 5.7% 3 Year 3.8% 5 Year 3.5% 10 Year 15 Year Since launch 5.7% Historical Annual Returns
Year Returns 2022 3.7% 2021 2.7% 2020 4.1% 2019 6.5% 2018 1.2% 2017 6.3% 2016 7.9% 2015 8.8% 2014 9.4% Growth of 10k Over Years
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,129 31 Aug 20 ₹10,617 31 Aug 21 ₹10,921 31 Aug 22 ₹11,230 31 Aug 23 ₹11,883 Asset Allocation
Asset Class Value Cash 86.1% Debt 13.9% Sector Allocation
Sector Value Cash Equivalent 39.71% Corporate 31.74% Government 28.56% Rating Value AA 2.45% AAA 97.55% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 364 DTB 14032024
Sovereign Bonds | -5% ₹72 Cr 7,500,000
↑ 5,000,000 182 DTB 11012024
Sovereign Bonds | -3% ₹49 Cr 5,000,000 182 DTB 22022024
Sovereign Bonds | -3% ₹49 Cr 5,000,000 182 DTB 07032023
Sovereign Bonds | -3% ₹48 Cr 5,000,000
↑ 5,000,000 LIC Housing Finance Limited
Debentures | -3% ₹45 Cr 450
↑ 450 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -2% ₹25 Cr 250,000 Punjab National Bank
Domestic Bonds | -2% ₹25 Cr 500
↑ 500 91 DTB 02112023
Sovereign Bonds | -1% ₹20 Cr 2,000,000 National Housing Bank
Debentures | -1% ₹15 Cr 1,500 HDFC Bank Limited
Debentures | -1% ₹15 Cr 1,500
Talk to our investment specialistFund Managers
Name Since Tenure Dwijendra Srivastava 16 May 22 1.29 Yr. Sandeep Agarwal 1 Jan 22 1.66 Yr. Custodians
Company Address SBI-SG Global Securities Services Private Limited “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Principal Mutual Fund Exchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai BSR & Co. LLP BSR & Co. LLP All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Principal Ultra Short Term Fund
Growth ₹2,393.44
↑ 0.44 3.16 % 5.74 % 3.79 % 3.52 % Principal Ultra Short Term Fund
Monthly Dividend, Payout ₹1,060.88
↑ 0.19 1.19 % 2.77 % 1.96 % 1.55 % Principal Ultra Short Term Fund
Monthly Dividend, Reinvestment ₹1,060.88
↑ 0.19 1.19 % 2.77 % 1.96 % 1.55 % Data as on 22 Aug 23