(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 5.8% since its launch. Ranked 43 in Ultrashort Bond
category. Return for 2023 was 6.1% , 2022 was 3.7% and 2021 was 2.7% . NAV as on 26 Jul 24 ₹2,532.97 ↑ 0.46 (0.02 %) Net Assets (AUM) as on 30 Jun 2024 ₹1,917 Cr. Launch Date 28 Dec 2007 Category Debt - Ultrashort Bond Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.67% Effective Maturity 7 Months 2 Days Modified Duration 6 Months 25 Days Alpha Ratio 0.0 Expense Ratio 1.39 % Sharpe Ratio -5.339 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 26 Jul 24 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 3.2% 1 Year 6.2% 3 Year 4.9% 5 Year 4.5% 10 Year 15 Year Since launch 5.8% Historical Annual Returns
Year Returns 2023 6.1% 2022 3.7% 2021 2.7% 2020 4.1% 2019 6.5% 2018 1.2% 2017 6.3% 2016 7.9% 2015 8.8% Growth of 10k Over Years
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹10,560 30 Jun 21 ₹10,857 30 Jun 22 ₹11,146 30 Jun 23 ₹11,761 30 Jun 24 ₹12,487 Asset Allocation
Asset Class Value Cash 77.91% Debt 21.84% Other 0.24% Sector Allocation
Sector Value Corporate 62.29% Cash Equivalent 32.26% Government 5.21% Rating Value AA 7.56% AAA 92.44% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity India (Republic of)
- | -5% ₹100 Cr 10,000,000
↑ 10,000,000 Bharti Telecom Limited
Debentures | -3% ₹50 Cr 5,000 91 DTB 15082024
Sovereign Bonds | -3% ₹50 Cr 5,000,000 Punjab National Bank
Domestic Bonds | -3% ₹48 Cr 1,000 Union Bank of India
Domestic Bonds | -2% ₹38 Cr 800 IDFC First Bank Ltd.
Debentures | -2% ₹32 Cr 660 LIC Housing Finance Ltd
Debentures | -2% ₹30 Cr 300 ICICI Bank Ltd.
Debentures | -2% ₹29 Cr 600 HDFC Bank Ltd.
Debentures | -1% ₹29 Cr 600 Nhpc Limited
Debentures | -1% ₹25 Cr 250
Talk to our investment specialistFund Managers
Name Since Tenure Dwijendra Srivastava 16 May 22 2.13 Yr. Sandeep Agarwal 1 Jan 22 2.5 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 ₹2,532.97
↑ 0.46 3.25 % 6.23 % 4.87 % 4.53 % Principal Ultra Short Term Fund
Monthly Dividend, Payout ₹1,061.71
↑ 0.19 0.03 % 0.02 % 1.59 % 1.56 % Principal Ultra Short Term Fund
Monthly Dividend, Reinvestment ₹1,061.71
↑ 0.19 0.03 % 0.02 % 1.59 % 1.56 % Data as on 26 Jul 24