Principal Floating Rate Flexible Maturity (Ex)-Growth
Returns
Risk
This fund has risk.
As per SEBI's Riskometer.
Portfolio of Principal Floating Rate Flexible Maturity (Ex)-Growth
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
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|---|---|---|---|---|---|---|
|
Low to Moderate
|
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0.58 |
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|
Low to Moderate
|
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0.69 |
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Low to Moderate
|
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0.71 |
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Low to Moderate
|
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0.42 |
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Low to Moderate
|
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0.60 |
Other details of Principal Floating Rate Flexible Maturity (Ex)-Growth
Assets
Exit Load (Days)
--
Min. Investment (₹)
Min. Withdrawal (₹)
Min. SIP Investment (₹)
Min. No of Cheques
About Principal Floating Rate Flexible Maturity (Ex)-Growth
Principal Floating Rate Flexible Maturity (Ex)-Growth is a debt mutual fund scheme of Sundaram Mutual Fund. Launched on September 14, 2004, it is currently managed by . The fund has an expense ratio of --% with an overall AUM (Assets Under Management) of ₹-- Cr.
Principal Floating Rate Flexible Maturity (Ex) is mandated to invest in bonds such that the duration of the portfolio is between six to twelve months, and therefore it is suitable to invest in for a similar time frame. The fund allows minimum lumpsum investment of ₹-- and minimum SIP of ₹--.
Suitability
Low Duration funds are avoidable for most investors in our opinion, because:
- They are meant to keep your capital safe while earning low returns. This investing need is better served by Liquid funds
- There are too many types of debt funds with little differentiation, making choice difficult for investors. Low Duration funds are one of them
Latest news on Principal Floating Rate Flexible Maturity (Ex)-Growth
Change is the Only Constant
1 min read•By Research Desk
Principal MF gets new Fund Managers
1 min read•By Value Research
FAQ for Principal Floating Rate Flexible Maturity (Ex)-Growth
How to Invest in Principal Floating Rate Flexible Maturity (Ex)-Growth?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Principal Floating Rate Flexible Maturity (Ex)-Growth through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Principal Floating Rate Flexible Maturity (Ex)-Growth can be bought from the Sundaram Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of Principal Floating Rate Flexible Maturity (Ex)-Growth Today?
The latest declared NAV of Principal Floating Rate Flexible Maturity (Ex)-Growth, is ₹14.7414 as of 29-May-2026.
What is the return of Principal Floating Rate Flexible Maturity (Ex)-Growth in the last 5 years?
Over the past five years, Principal Floating Rate Flexible Maturity (Ex)-Growth has delivered an annualised return of --% as of 29-May-2026.
What is the minimum investment required in Principal Floating Rate Flexible Maturity (Ex)-Growth?
The minimum investment required to start investing in Principal Floating Rate Flexible Maturity (Ex)-Growth is ₹ for the lump sum option and ₹ for the SIP (Systematic Investment Plan) option.