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Principal Cash Management Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.31 0.01 0.10 0.41 1.26 2.66 6.05 3.64 5.39 6.47 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Liquid 0.33 0.01 0.10 0.43 1.30 2.79 6.40 6.67 7.18 7.76 --
Rank within category 33 16 24 33 31 33 33 35 34 33 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.26 (06-Sep-2013 - 15-Sep-2013) -5.62 (23-Sep-2018 - 30-Sep-2018)
Month 0.96 (08-Aug-2013 - 09-Sep-2013) -7.90 (09-Sep-2018 - 09-Oct-2018)
Quarter 2.72 (24-Jul-2013 - 23-Oct-2013) -6.86 (09-Sep-2018 - 09-Dec-2018)
Year 9.90 (26-Jul-2013 - 27-Jul-2014) -2.28 (09-Sep-2018 - 09-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.75 4.87 -0.40 -- 3.93 4.48
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 35 35 34 -- 35 1
Number of funds in category 35 35 35 33 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 22 6 53
Modified Duration (yrs) 0.05 0.12 0.02 0.10
Average Maturity (yrs) 0.05 0.13 0.02 0.10
Yield to Maturity (%) 5.03 7.13 5.03 5.26

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 02/01/2020 Treasury Bills SOV 0.00 - 23.45 23.45
new National Bank Agr. Rur. Devp 29/01/2020 Commercial Paper A1+ 0.00 - 6.07 6.07
new Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 5.57 5.57
new Axis Bank 17/03/2020 Certificate of Deposit A1+ 0.00 - 4.64 4.64
new Siyaram Silk Mills 88-D 20/03/2020 Commercial Paper A1+ 0.00 - 4.63 4.63
new Vardhman Special Steels 58-D 13/02/2020 Commercial Paper A1+ 0.00 - 4.19 4.19
new Godrej Industries 91-D 04/02/2020 Commercial Paper A1+ 0.00 - 3.97 3.97
new AU Small Finance Bank 2020 Certificate of Deposit A1+ 0.00 - 3.75 3.75
new SIDBI 28/01/2020 Commercial Paper A1+ 0.00 - 3.74 3.74
new Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 1.41 1.41
new Reserve Bank of India 182-D 20/02/2020 Treasury Bills SOV 0.00 - 1.32 1.32
equal Reserve Bank of India 364-D 09/01/2020 Treasury Bills SOV 0.00 - 0.94 0.88

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Bekxy Kuriakose since 31-May-2019

Education: Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore

Experience: Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services

Funds Managed:


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Change from previous, NAV as on 26-Jan-2020

Growth: ₹ 1,742.4138

Dividend Weekly: ₹ 1,004.0290

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Dividend Monthly: ₹ 1,024.0337

Dividend Daily: ₹ 997.5315


Investment Strategy

The scheme aims to provide income from short-term investments, consistent with preservation of capital and liquidity by investing in a portfolio of money market and in investment grade debt instruments .

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.49%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 213 Cr (As on 31-Dec-2019)
Expense: 0.12% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Sep-20180.2754

 07-Sep-20180.1376
 06-Sep-20180.1513
 05-Sep-20180.1463
 04-Sep-20180.1463
 03-Sep-20180.1429
 02-Sep-20180.2914
 31-Aug-20180.1465
 30-Aug-20180.1484
 29-Aug-20180.1502
 28-Aug-20180.1435
 27-Aug-20180.1350
 26-Aug-20180.2806
 24-Aug-20180.1399
 23-Aug-20180.1416
 22-Aug-20180.1427
 21-Aug-20180.1429
 20-Aug-20180.1412
 19-Aug-20180.4324
 16-Aug-20180.1451
 15-Aug-20180.1448
 14-Aug-20180.1430
 13-Aug-20180.1440
 12-Aug-20180.2856
 10-Aug-20180.1430
Dividend Weekly05-Sep-20181.0288

 29-Aug-20181.1412
 21-Aug-20181.0140
 14-Aug-20180.8646
 08-Aug-20181.0733
 01-Aug-20181.0502
 25-Jul-20180.8224
 18-Jul-20181.0313
 11-Jul-20180.9943
 04-Jul-20181.2788
 27-Jun-20180.9468
 20-Jun-20181.1264
 13-Jun-20180.9795
 06-Jun-20180.9771
 30-May-20181.0359
 23-May-20180.9561
 16-May-20180.9286
 09-May-20180.9622
 02-May-20180.9934
 25-Apr-20180.9266
 18-Apr-20180.9638
 11-Apr-20180.9880
 04-Apr-20181.0462
 28-Mar-20181.2800
 21-Mar-20181.0805
Dividend Monthly16-Aug-20184.3235

 17-Jul-20185.0467
 15-Jun-20184.1903
 17-May-20184.1344
 17-Apr-20184.9445
 16-Mar-20184.0756
 16-Feb-20184.0840
 17-Jan-20184.4604
 15-Dec-20173.6458
 17-Nov-20174.0573
 17-Oct-20174.2517
 16-Aug-20173.9988
 17-Jul-20174.2401
 16-Jun-20174.0045
 17-May-20173.9655
 17-Apr-20174.3588
 17-Mar-20173.8132
 17-Feb-20173.2491
 24-Jan-20174.3379
 23-Dec-20163.7790
 24-Nov-20164.3648
 24-Oct-20164.3841
 23-Sep-20164.0937
 24-Aug-20164.8010
 22-Jul-20164.3446

Contact Information

AMC: Principal Asset Management Pvt. Ltd.

Address: Exchange Plaza - 2rd Floor - NSE Building, "B" Wing-Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-67720555 / 1800-425-5600

Fax: 022-67720512

Email: [email protected]

Website: www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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