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Fincash » Mutual Funds » Principal Ultra Short Term Fund

Principal Ultra Short Term Fund - G

NAV  ₹2,311.29 ↑ 0.78  (0.03 %) as on 27 Jan 23

(Erstwhile Principal Retail Money Manager Fund)

Scheme Objective

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 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% .

Below is the key information for Principal Ultra Short Term Fund

NAV as on 27 Jan 23₹2,311.29 ↑ 0.78  (0.03 %)
Net Assets (AUM) as on 31 Dec 2022 ₹1,413 Cr.
Launch Date28 Dec 2007
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.01%
Effective Maturity3 Months 26 Days
Modified Duration3 Months 25 Days
Alpha Ratio0.0
Expense Ratio1.25 %
Sharpe Ratio-5.219
Information Ratio0.0
BenchmarkNot Available
ISININF173K01CU9
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Min Investment ₹5,000
Min SIP Investment ₹2,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 2.5%
1 Year 3.9%
3 Year 3.5%
5 Year 3.6%
10 Year
15 Year
Since launch 5.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
31 Dec 17₹10,000
31 Dec 18₹10,122
31 Dec 19₹10,780
31 Dec 20₹11,217
31 Dec 21₹11,518
31 Dec 22₹11,940
Principal Ultra Short Term Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash83.16%
Debt16.84%
Principal Ultra Short Term Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent50.58%
Corporate29.72%
Government13.04%
RatingValue
AA3.31%
AAA96.69%
Principal Ultra Short Term Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
India (Republic of)
- | -
7%₹97 Cr10,000,000
↑ 10,000,000
LIC Housing Finance Limited
Debentures | -
3%₹40 Cr400
The Tata Power Company Limited
Debentures | -
2%₹35 Cr350
7.16% Govt Stock 2023
Sovereign Bonds | -
2%₹25 Cr2,500,000
Rec Limited
Debentures | -
2%₹25 Cr250
Citicorp Finance (India) Limited
Debentures | -
2%₹25 Cr250
Bank of Baroda
Debentures | -
2%₹24 Cr500
↑ 500
Axis Bank Ltd.
Debentures | -
2%₹24 Cr500
↑ 500
91 DTB 19012023
Sovereign Bonds | -
1%₹20 Cr2,000,000
LIC Housing Finance Limited
Debentures | -
1%₹10 Cr100
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Fund Managers

NameSinceTenure
Dwijendra Srivastava16 May 220.63 Yr.
Sandeep Agarwal1 Jan 221 Yr.

Custodians

CompanyAddress
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
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Principal Mutual FundExchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Principal Ultra Short Term Fund
Growth
₹2,311.29
↑ 0.78
2.46 %3.88 %3.47 %3.61 %
Principal Ultra Short Term Fund
Monthly Dividend, Payout
₹1,061.6
↑ 0.36
1.53 %2.93 %2.04 %1.81 %
Principal Ultra Short Term Fund
Monthly Dividend, Reinvestment
₹1,061.6
↑ 0.36
1.53 %2.93 %2.04 %1.81 %
Data as on 27 Jan 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.