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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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.47 0.01 0.07 0.26 0.79 1.58 3.11 4.61 3.71 4.99 6.28
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 3.34 3.63 4.07 4.53
Debt: Liquid 2.47 0.01 0.07 0.26 0.79 1.58 3.12 4.81 5.58 6.29 7.17
Rank within category 31 36 26 24 31 31 31 32 35 33 31
Number of funds in category 41 42 42 42 42 41 41 38 35 34 32

As on 14-Oct-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 3.11 4.61 3.71 0.21 181
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.16 5.00 5.76 0.32 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.18 5.04 5.79 0.32 28,554
Axis Liquid Fund
4 star
Oct-09 3.20 5.02 5.80 0.25 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.14 5.03 5.79 0.32 21,655

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 4.56 0.44 1.41 6.57 0.86 1.14
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44
Rank within category 32 5 31 22 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-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 15 7 34
Modified Duration (yrs) 0.04 0.07 0.03 0.09
Average Maturity (yrs) 0.05 0.08 0.03 0.09
Yield to Maturity (%) 3.45 3.45 2.84 3.44
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 14/10/2021 Treasury Bills SOV 0.00 - 9.32 8.92
new 6.72% NTPC 24/11/2021 Bonds AAA 0.00 - 5.54 5.54
new Reserve Bank of India 364-D 07/10/2021 Treasury Bills SOV 0.00 - 5.51 5.51
new Axis Finance 168-D 18/11/2021 Commercial Paper A1+ 0.00 - 5.49 5.49
new ICICI Securities 177-D 17/12/2021 Commercial Paper A1+ 0.00 - 4.38 4.38
equal HDB Financial Services 29/10/2021 Bonds/NCDs AAA 0.00 - 4.53 4.34
new 6.93% Ultratech Cement 25/11/2021 Debenture AAA 0.00 - 3.88 3.88
equal Astec Lifesciences 62-D 18/10/2021 Commercial Paper A1+ 0.00 - 4.03 3.85
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 2.92 2.77
equal Reserve Bank of India 182-D 07/10/2021 Treasury Bills SOV 0.00 - 2.88 2.76

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 30-Sep-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 15-Oct-2021

Growth: ₹ 1,837.4860

IDCW Weekly: ₹ 1,006.4502

More

IDCW Monthly: ₹ 1,025.1969

IDCW Daily: ₹ 1,000.9763


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: 6.50%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 181 Cr (As on 30-Sep-2021)
Expense: 0.21% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Oct-20210.0639

 13-Oct-20210.0931
 12-Oct-20210.0883
 11-Oct-20210.1130
 10-Oct-20210.1707
 08-Oct-20210.1325
 07-Oct-20210.0845
 06-Oct-20210.0832
 05-Oct-20210.0730
 04-Oct-20210.0920
 03-Oct-20210.1750
 01-Oct-20210.1064
 30-Sep-20210.0937
 29-Sep-20210.0761
 28-Sep-20210.0646
 27-Sep-20210.0819
 26-Sep-20210.1745
 24-Sep-20210.0668
 23-Sep-20210.0887
 22-Sep-20210.0724
 21-Sep-20210.0838
 20-Sep-20210.0829
 19-Sep-20210.1713
 17-Sep-20210.0691
 16-Sep-20210.0809
IDCW Weekly13-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
 02-Jun-20210.7005
 25-May-20210.5239
 19-May-20210.6015
 12-May-20210.5849
 05-May-20210.5751
 28-Apr-20210.6916
IDCW Monthly17-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
 17-May-20184.1020
 17-Apr-20184.9054

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over