VR Logo

2 star

Principal Cash Management Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.97 0.01 0.06 0.26 0.79 1.75 4.36 2.96 4.70 5.91 6.83
CCIL T Bill Liquidity Weight 2.47 -0.02 0.02 0.12 0.49 1.42 3.35 3.97 4.18 4.62 4.76
Debt: Liquid 3.19 0.01 0.06 0.27 0.80 1.91 4.56 6.06 6.48 7.17 7.70
Rank within category 31 25 15 14 25 30 30 36 35 33 30
Number of funds in category 40 40 40 40 40 40 40 36 35 34 31

As on 28-Sep-2020

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 4.36 2.96 4.70 0.22 149
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.87 6.36 6.74 0.32 54,052
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 4.89 6.42 6.78 0.31 39,810
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.88 6.41 6.77 0.22 28,818
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.77 6.36 6.74 0.24 27,459

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 0.95 (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 3.12 4.85 -0.42 -- 2.93 1.41
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Liquid 5.99 0.53 2.53 3.29 0.72 1.69
Rank within category 36 36 34 -- 36 32
Number of funds in category 36 36 36 35 36 36

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 22 10 42
Modified Duration (yrs) 0.06 0.10 0.02 0.08
Average Maturity (yrs) 0.07 0.10 0.02 0.08
Yield to Maturity (%) 3.14 5.59 3.11 3.31
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 13.38 13.38
equal Axis Bank 23/09/2020 Certificate of Deposit A1+ 0.00 - 6.80 6.70
new Reserve Bank of India 182-D 22/10/2020 Treasury Bills SOV 0.00 - 6.68 6.68
new Reserve Bank of India 364-D 22/10/2020 Treasury Bills SOV 0.00 - 6.68 6.68
new ICICI Securities 90-D 17/11/2020 Commercial Paper A1+ 0.00 - 4.67 4.67
new 8.93% Power Grid Corporation 20/10/2020 Bonds AAA 0.00 - 3.38 3.38
equal 8.65% LIC Housing Fin. 29/09/2020 Debenture AAA 0.00 - 3.37 3.37
equal Reserve Bank of India 182-D 17/09/2020 Treasury Bills SOV 0.00 - 3.41 3.35
equal ICICI Bank 14/09/2020 Certificate of Deposit A1+ 0.00 - 3.40 3.35
equal HDFC 16/09/2020 Debenture AAA 0.00 - 2.69 2.69
equal 8.80% REC 25/10/2020 Bonds AAA 0.00 - 1.35 1.35
new Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 0.83 0.83

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-Aug-2020

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:


0.01%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 1,779.2776

Dividend Weekly: ₹ 1,006.7810

More

Dividend Monthly: ₹ 1,023.7215

Dividend 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
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: 6.72%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 149 Cr (As on 31-Aug-2020)
Expense: 0.22% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Sep-20200.1863

 25-Sep-20200.0969
 24-Sep-20200.1006
 23-Sep-20200.0815
 22-Sep-20200.0803
 21-Sep-20200.0792
 20-Sep-20200.1746
 18-Sep-20200.0812
 17-Sep-20200.0876
 16-Sep-20200.0926
 15-Sep-20200.0943
 14-Sep-20200.0845
 13-Sep-20200.1724
 11-Sep-20200.0532
 10-Sep-20200.0787
 09-Sep-20200.0582
 08-Sep-20200.0615
 07-Sep-20200.0722
 06-Sep-20200.1597
 04-Sep-20200.0731
 03-Sep-20200.0810
 02-Sep-20200.0785
 01-Sep-20200.1275
 31-Aug-20200.0921
 30-Aug-20200.1737
Dividend Weekly23-Sep-20200.5865

 16-Sep-20200.5773
 09-Sep-20200.5078
 02-Sep-20200.6085
 26-Aug-20200.5736
 19-Aug-20200.6361
 12-Aug-20200.6096
 05-Aug-20200.6416
 29-Jul-20200.6343
 22-Jul-20200.5659
 15-Jul-20200.5888
 08-Jul-20200.5404
 01-Jul-20200.6506
 24-Jun-20200.6054
 17-Jun-20200.6749
 10-Jun-20200.6130
 03-Jun-20200.6245
 27-May-20200.7372
 20-May-20200.8434
 13-May-20200.7783
 06-May-20200.7282
 29-Apr-20200.6532
 22-Apr-20200.9915
 15-Apr-20200.7949
 08-Apr-20200.8426
Dividend Monthly17-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
 17-May-20184.1020
 17-Apr-20184.9054
 16-Mar-20184.0393
 16-Feb-20184.0413
 17-Jan-20184.4130
 15-Dec-20173.6024
 17-Nov-20174.0131
 17-Oct-20174.2063
 16-Aug-20173.9556
 17-Jul-20174.1959
 16-Jun-20173.9618
 17-May-20173.8760
 17-Apr-20174.3150
 17-Mar-20173.7732

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

Upcoming Video

Investors' Hangout

Delving into exchange-traded funds (ETFs)

dateFriday, 09-Oct-2020
time12:30 PM - 01:00 PM