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2 star

Principal Cash Management Fund


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 2.90 0.01 0.06 0.28 0.78 1.60 3.15 4.46 3.62 4.89 6.20
CCIL T Bill Liquidity Weight 1.86 0.01 0.06 0.21 0.45 1.08 2.02 3.22 3.54 3.99 4.48
Debt: Liquid 2.93 0.01 0.06 0.29 0.79 1.62 3.18 4.68 5.48 6.18 7.09
Rank within category 30 34 32 30 29 30 30 31 34 32 31
Number of funds in category 38 39 39 39 39 39 38 35 34 33 32

As on 01-Dec-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
2 star
Aug-04 3.15 4.46 3.62 0.21% 185
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.17 4.81 5.66 0.32% 35,561
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.21 4.85 5.70 0.32% 29,710
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.23 4.80 5.67 0.23% 25,609
Axis Liquid Fund
4 star
Oct-09 3.23 4.83 5.71 0.26% 22,877

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 0.95 08-Aug-2013 - 09-Sep-2013 -7.91 09-Sep-2018 - 09-Oct-2018
Quarter 2.70 24-Jul-2013 - 23-Oct-2013 -6.89 09-Sep-2018 - 09-Dec-2018
Year 9.83 08-Sep-2011 - 07-Sep-2012 -2.36 09-Sep-2018 - 09-Sep-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.38 0.42 1.41 6.61 0.83 1.09
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.54 0.47 1.58 9.47 0.97 1.34
Rank within category 32 5 31 30 6 32
Number of funds in category 38 38 38 38 38 38

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

As on 30-Nov-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:


0.01%

Change from previous, NAV as on 01-Dec-2021

Growth: ₹ 1,845.0686

IDCW Weekly: ₹ 1,006.9108

More

IDCW Monthly: ₹ 1,023.9914

IDCW Daily: ₹ 1,000.8893


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: 31-Aug-2004
Return Since Launch: 6.47%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 185 Cr (As on 31-Oct-2021)
Expense: 0.21% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Nov-20210.0916

 29-Nov-20210.0850
 28-Nov-20210.1718
 26-Nov-20210.0823
 25-Nov-20210.0975
 24-Nov-20210.1250
 23-Nov-20210.0859
 22-Nov-20210.0651
 21-Nov-20210.2695
 18-Nov-20210.0862
 17-Nov-20210.0908
 16-Nov-20210.0879
 15-Nov-20210.0806
 14-Nov-20210.1734
 12-Nov-20210.0910
 11-Nov-20210.1027
 10-Nov-20210.1007
 09-Nov-20210.1147
 08-Nov-20210.1305
 07-Nov-20210.3827
 03-Nov-20210.1162
 02-Nov-20210.0986
 01-Nov-20210.0706
 31-Oct-20210.1948
 29-Oct-20210.0795
IDCW Weekly24-Nov-20210.6352

 17-Nov-20210.6289
 10-Nov-20210.7333
 06-Nov-20210.6304
 27-Oct-20210.5346
 20-Oct-20210.5230
 13-Oct-20210.6857
 06-Oct-20210.6265
 29-Sep-20210.5549
 22-Sep-20210.5627
 15-Sep-20210.5933
 08-Sep-20210.5527
 01-Sep-20210.6070
 25-Aug-20210.6068
 18-Aug-20210.6493
 11-Aug-20210.6038
 04-Aug-20210.5869
 28-Jul-20210.7309
 20-Jul-20210.5237
 14-Jul-20210.6419
 07-Jul-20210.5873
 30-Jun-20210.6518
 23-Jun-20210.6499
 16-Jun-20210.5681
 09-Jun-20210.6158
IDCW Monthly17-Nov-20213.0385

 14-Oct-20212.3837
 17-Sep-20212.6600
 17-Aug-20212.8714
 17-Jul-20212.6583
 17-Jun-20212.7099
 17-May-20212.6451
 16-Apr-20212.6975
 17-Mar-20212.3333
 17-Feb-20212.9556
 15-Jan-20212.2943
 17-Dec-20202.2916
 17-Nov-20202.7321
 16-Oct-20202.6479
 17-Sep-20202.5773
 17-Aug-20202.8066
 17-Jul-20202.5806
 17-Jun-20203.2503
 16-May-20203.1567
 18-Apr-20203.7428
 17-Mar-20203.0171
 17-Feb-20202.8188
 16-Aug-20184.2868
 17-Jul-20185.0075
 15-Jun-20184.1548

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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