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Principal Short Term Debt Fund

Principal Short Term Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.71

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,479 today.

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NAV Performance

Principal Short Term Debt Fund performance graph for last 3 years
Performance of Principal Short Term Debt Fund for last 3 Years

Fund Information

  • ₹ 38.651

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 193 Cr.

    as on 31 May 2023
  • 0.86%

  • 09 May 2003

  • Debt - Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • Principal Mutual Fund

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Highlights of this fund

Principal Short Term Debt Fund is an Open-ended Debt Fund. The fund belongs to Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 09 May 2003. This fund is offered by one of the top AMC (Assets Management Company) Principal Mutual Fund. You can also view here all other Debt funds offered by Principal Mutual Fund.

Latest NAV of the fund is ₹ 38.651 as on 22 Sep 2023.

This fund has 20 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.86%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 2,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The primary investment objective of the scheme is to generate regular income and capital appreciation through investment in debt instruments and related securities. The scheme is designed to achieve stable returns over shorter-term investment horizons.

List of Fund Managers of Principal Short Term Debt Fund

  • About Gurvinder Singh Wasan

    Picture of Gurvinder Singh WasanGurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He brings with him over 15 years of work experience in Fixed Income markets, credit analysis and structured finance. Prior to joining Principal Mutual Fund, he worked with CRISIL Limited and ICICI Bank Limited. Wasan holds a post-graduate degree in Commerce (Masters in Commerce). He is a Chartered Accountant (CA) and a CFA (from CFA institute USA) as well.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.18% 0.71% 3.54% 11.40% 13.42% 15.35% 11.49% 7.36% 7.93% 8.13% 13.69% 13.14% 8.59% 7.21%
Category Average 0.11% 0.57% 1.42% 3.83% 6.70% 5.12% 4.97% 5.88% 6.98% 6.62% 5.81% 5.27% 5.62% 6.28%
Principal Short Term Debt Fund 0.09%₹ 10,008 0.59%₹ 10,058 1.39%₹ 10,138 3.68%₹ 10,368 6.80%₹ 10,680 6.75%₹ 12,433 4.62%₹ 10,945 5.71%₹ 25,443 4.71%₹ 11,479 5.11%₹ 38,913 4.53%₹ 12,480 5.12%₹ 68,306 6.15%₹ 18,180 5.31%₹ 1,57,496
HDFC Short Term Debt Fund 0.12%₹ 10,011 0.67%₹ 10,066 1.65%₹ 10,165 4.00%₹ 10,399 7.14%₹ 10,713 7.31%₹ 12,469 4.75%₹ 10,973 6.02%₹ 25,522 5.15%₹ 11,625 5.42%₹ 39,091 7.21%₹ 14,170 6.20%₹ 70,178 7.82%₹ 21,257 7.10%₹ 1,72,942
ICICI Prudential Short Term Fund 0.13%₹ 10,012 0.71%₹ 10,070 1.84%₹ 10,183 4.11%₹ 10,410 7.41%₹ 10,741 7.60%₹ 12,488 5.41%₹ 11,110 6.68%₹ 25,689 5.59%₹ 11,772 5.97%₹ 39,418 7.36%₹ 14,269 6.55%₹ 70,791 7.93%₹ 21,461 7.21%₹ 1,74,000
Kotak Bond (short Term) 0.12%₹ 10,012 0.66%₹ 10,066 1.56%₹ 10,156 3.76%₹ 10,375 6.61%₹ 10,660 6.71%₹ 12,431 4.14%₹ 10,845 5.42%₹ 25,368 4.54%₹ 11,423 4.84%₹ 38,752 6.67%₹ 13,815 5.56%₹ 69,055 7.26%₹ 20,172 6.51%₹ 1,67,711
Nippon India Short Term Fund 0.11%₹ 10,011 0.62%₹ 10,061 1.45%₹ 10,144 3.81%₹ 10,381 6.71%₹ 10,670 6.78%₹ 12,436 4.41%₹ 10,901 5.53%₹ 25,397 5.05%₹ 11,592 5.11%₹ 38,909 6.79%₹ 13,894 5.82%₹ 69,509 7.40%₹ 20,436 6.62%₹ 1,68,651
Axis Short Term Fund 0.10%₹ 10,010 0.63%₹ 10,062 1.37%₹ 10,137 3.64%₹ 10,364 6.64%₹ 10,663 6.65%₹ 12,428 4.63%₹ 10,947 5.68%₹ 25,434 4.83%₹ 11,520 5.13%₹ 38,924 6.93%₹ 13,986 5.87%₹ 69,600 7.47%₹ 20,563 6.77%₹ 1,69,979

Portfolio Holdings

Portfolio holdings pattern of Principal Short Term Debt Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    87.76%
  • Others Holdings:

    12.23%

Top Debt Instrument Type holdings of Principal Short Term Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 59.58% ₹ 115.34 Cr.
GOI 28.18% ₹ 54.56 Cr.
Others 12.24% -

Top Debt Holdings of Principal Short Term Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 28.18% ₹ 54.56 Cr.
Bond - Rural Electrification Corporation Limited 7.85% ₹ 15.20 Cr.
Bond - Housing Development Finance Corporation Ltd. 7.83% ₹ 15.16 Cr.
Bond - Power Finance Corporation Ltd. 7.83% ₹ 15.16 Cr.
Bond - Larsen & Toubro Ltd. 5.25% ₹ 10.16 Cr.
Others 43.06%

Other Holdings

Holding TypeHolding Percentage
TREPS 10.02%
Net Receivables 2.21%