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2 star

Principal Cash Management Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 2.94 0.01 0.07 0.30 0.81 1.65 3.22 4.54 3.70 4.97 --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 --
Debt: Liquid 3.00 0.01 0.08 0.31 0.83 1.69 3.29 4.85 5.64 6.34 --
Rank within category 30 33 32 32 31 31 30 32 34 33 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Cash Management Fund - Direct Plan
2 star
Jan-13 3.22 4.54 3.70 0.13% 185
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.29 4.93 5.75 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.97 5.81 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.96 5.80 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.27 4.93 5.78 0.22% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 4.53 0.43 1.56 7.17 0.84 1.18
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Liquid 4.84 0.48 2.00 10.24 1.01 1.59
Rank within category 32 3 30 29 4 32
Number of funds in category 35 35 35 35 35 35

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 15 7 35
Modified Duration (yrs) 0.06 0.07 0.03 --
Average Maturity (yrs) 0.06 0.08 0.03 --
Yield to Maturity (%) 3.59 3.59 2.84 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.79% GOI 2021 Central Government Loan SOV 0.00 - 18.84 18.84
new Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 8.11 8.11
equal 6.72% NTPC 24/11/2021 Bonds AAA 0.00 - 5.54 5.43
new 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 5.43 5.43
equal Axis Finance 168-D 18/11/2021 Commercial Paper A1+ 0.00 - 5.49 5.41
new Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 5.39 5.39
new Reserve Bank of India 364-D 23/12/2021 Treasury Bills SOV 0.00 - 5.39 5.39
new Astec Lifesciences 64-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.31 4.31
equal ICICI Securities 177-D 17/12/2021 Commercial Paper A1+ 0.00 - 4.38 4.31
equal 6.93% Ultratech Cement 25/11/2021 Debenture AAA 0.00 - 3.88 3.80
new Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 3.30 3.30
new Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 2.71 2.71
new Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 2.59 2.59
new Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 2.48 2.48

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-Oct-2021

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

Interviews:

Funds Managed:


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Change from previous, NAV as on 28-Nov-2021

Growth: ₹ 1,856.6847

IDCW Weekly: ₹ 1,007.1138

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IDCW Monthly: ₹ 1,023.7749

IDCW Daily: ₹ 1,000.6367


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
Lock-in Period Not Applicable
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: 5.87%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 185 Cr (As on 31-Oct-2021)
Expense: 0.13% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily28-Nov-20210.1765

 26-Nov-20210.0848
 25-Nov-20210.1000
 24-Nov-20210.1272
 23-Nov-20210.0882
 22-Nov-20210.0676
 21-Nov-20210.2767
 18-Nov-20210.0885
 17-Nov-20210.0930
 16-Nov-20210.0898
 15-Nov-20210.0823
 14-Nov-20210.1777
 12-Nov-20210.0930
 11-Nov-20210.1048
 10-Nov-20210.1029
 09-Nov-20210.1167
 08-Nov-20210.1325
 07-Nov-20210.3913
 03-Nov-20210.1183
 02-Nov-20210.1006
 01-Nov-20210.0726
 31-Oct-20210.1991
 29-Oct-20210.0816
 28-Oct-20210.0698
 27-Oct-20210.0895
IDCW Weekly24-Nov-20210.6514

 17-Nov-20210.6449
 10-Nov-20210.7479
 06-Nov-20210.6470
 27-Oct-20210.5511
 20-Oct-20210.5394
 13-Oct-20210.7008
 06-Oct-20210.6421
 29-Sep-20210.5708
 22-Sep-20210.5779
 15-Sep-20210.6091
 08-Sep-20210.5684
 01-Sep-20210.6231
 25-Aug-20210.6224
 18-Aug-20210.6650
 11-Aug-20210.6201
 04-Aug-20210.6037
 28-Jul-20210.7505
 20-Jul-20210.5373
 14-Jul-20210.6604
 07-Jul-20210.6048
 30-Jun-20210.6697
 23-Jun-20210.6657
 16-Jun-20210.5860
 09-Jun-20210.6338
IDCW Monthly17-Nov-20213.1160

 14-Oct-20212.4436
 17-Sep-20212.7293
 17-Aug-20212.9464
 17-Jul-20212.7305
 17-Jun-20212.7869
 17-May-20212.7229
 16-Apr-20212.7721
 17-Mar-20212.4026
 17-Feb-20213.0405
 15-Jan-20212.3666
 17-Dec-20202.3615
 17-Nov-20202.7881
 16-Oct-20202.6968
 17-Sep-20202.6321
 17-Aug-20202.8936
 17-Jul-20202.6653
 17-Jun-20203.3434
 16-May-20203.2357
 18-Apr-20203.8201
 17-Mar-20203.0617
 17-Feb-20203.3061
 17-Jan-20200.0127
 16-Aug-20184.3235
 17-Jul-20185.0467

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: http://www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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