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Principal Cash Management Fund


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 0.77 0.01 0.10 0.45 1.26 2.66 5.90 3.55 5.27 6.35 6.91
CCIL T Bill Liquidity Weight 0.53 0.01 0.02 0.29 0.84 1.78 4.06 4.10 4.46 4.77 4.71
Debt: Liquid 0.76 0.01 0.09 0.43 1.25 2.61 6.04 6.56 6.98 7.58 7.77
Rank within category 23 2 6 11 29 25 32 36 34 33 28
Number of funds in category 42 42 42 42 42 42 41 36 35 34 29

As on 25-Feb-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 0.95 (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 3.64 4.87 -0.42 -- 3.86 4.17
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Liquid 6.34 0.51 3.67 6.02 0.52 1.51
Rank within category 36 36 34 -- 36 1
Number of funds in category 36 36 36 34 36 36

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

As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 22 6 55
Modified Duration (yrs) 0.08 0.12 0.02 0.08
Average Maturity (yrs) 0.09 0.13 0.02 0.09
Yield to Maturity (%) 5.32 7.13 5.03 5.35

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 70-D 17/03/2020 Treasury Bills SOV 0.00 - 7.61 7.61
new Indian Oil Corp. 66-D 10/02/2020 Commercial Paper A1+ 0.00 - 6.63 6.63
new HDFC 362-D 02/03/2020 Commercial Paper A1+ 0.00 - 6.61 6.61
equal Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 6.09 6.09
new Indusind Bank 20/04/2020 Certificate of Deposit A1+ 0.00 - 6.05 6.05
new Oriental Bank of Com. 13/03/2020 Certificate of Deposit A1+ 0.00 - 5.08 5.08
new Reserve Bank of India 182-D 05/03/2020 Treasury Bills SOV 0.00 - 5.08 5.08
equal Axis Bank 17/03/2020 Certificate of Deposit A1+ 0.00 - 5.07 5.07
equal Siyaram Silk Mills 88-D 20/03/2020 Commercial Paper A1+ 0.00 - 5.06 5.06
equal Vardhman Special Steels 58-D 13/02/2020 Commercial Paper A1+ 0.00 - 4.59 4.59
new SAIL 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 4.58 4.58
new IDFC First Bank 2020 Certificate of Deposit A1+ 0.00 - 4.57 4.57
equal Godrej Industries 91-D 04/02/2020 Commercial Paper A1+ 0.00 - 4.34 4.34
new Federal Bank 2020 Certificate of Deposit A1+ 0.00 - 4.06 4.06
new Astec Lifesciences 59-D 20/03/2020 Commercial Paper A1+ 0.00 - 4.05 4.05
new Reserve Bank of India 63-D 17/03/2020 Treasury Bills SOV 0.00 - 2.63 2.63
new ICICI Securities 83-D 09/04/2020 Commercial Paper A1+ 0.00 - 2.53 2.53
equal Reserve Bank of India 182-D 20/02/2020 Treasury Bills SOV 0.00 - 1.44 1.44
new Reserve Bank of India 364-D 20/03/2020 Treasury Bills SOV 0.00 - 0.76 0.76

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-Jan-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 25-Feb-2020

Growth: ₹ 1,741.2274

Dividend Weekly: ₹ 1,007.1535

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Dividend Monthly: ₹ 1,023.8792

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: 6.84%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 196 Cr (As on 31-Jan-2020)
Expense: 0.17% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily25-Feb-20200.1059

 24-Feb-20200.1028
 23-Feb-20200.2199
 09-Sep-20180.2731
 07-Sep-20180.1362
 06-Sep-20180.1501
 05-Sep-20180.1452
 04-Sep-20180.1432
 03-Sep-20180.1418
 02-Sep-20180.2891
 31-Aug-20180.1453
 30-Aug-20180.1472
 29-Aug-20180.1490
 28-Aug-20180.1424
 27-Aug-20180.1339
 26-Aug-20180.2783
 24-Aug-20180.1387
 23-Aug-20180.1405
 22-Aug-20180.1416
 21-Aug-20180.1417
 20-Aug-20180.1401
 19-Aug-20180.4298
 16-Aug-20180.1439
 15-Aug-20180.1436
 14-Aug-20180.1419
Dividend Weekly19-Feb-20200.1043

 05-Sep-20181.0202
 29-Aug-20181.1312
 21-Aug-20181.0051
 14-Aug-20180.8571
 08-Aug-20181.0644
 01-Aug-20181.0415
 25-Jul-20180.8136
 18-Jul-20181.0225
 11-Jul-20180.9855
 04-Jul-20181.2698
 27-Jun-20180.9380
 20-Jun-20181.1178
 13-Jun-20180.9710
 06-Jun-20180.9683
 30-May-20181.0272
 23-May-20180.9474
 16-May-20180.9197
 09-May-20180.9535
 02-May-20180.9846
 25-Apr-20180.9180
 18-Apr-20180.9552
 11-Apr-20180.9793
 04-Apr-20181.0371
 28-Mar-20181.2293
Dividend Monthly17-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
 17-Feb-20173.2147
 24-Jan-20174.2921
 23-Dec-20163.7370
 24-Nov-20164.3199
 24-Oct-20164.3403
 23-Sep-20164.0506
 24-Aug-20164.7536

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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