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Principal Short Term Debt Fund

Principal Short Term Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.51

as on 31 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,748 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

  • ₹ 36.977

    as on 31 Jan 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 92 Cr.

    as on 31 Dec 2021
  • 1.02%

  • 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 ₹ 36.977 as on 31 Jan 2023.

This fund has 19 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.02%. 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 0.15% 0.68% 8.81% 11.40% 27.30% 14.60% 8.90% 6.97% 8.00% 21.04% 18.69% 14.53% 7.90% 7.20%
Category Average 0.03% 0.44% 1.86% 3.32% 4.74% 4.51% 5.39% 5.64% 6.99% 5.10% 4.55% 4.71% 5.44% 6.38%
Principal Short Term Debt Fund 0.01%₹ 10,001 0.50%₹ 10,050 1.67%₹ 10,167 2.83%₹ 10,282 3.72%₹ 10,371 4.65%₹ 12,301 3.72%₹ 10,760 4.06%₹ 25,024 5.51%₹ 11,748 4.65%₹ 38,646 4.22%₹ 12,297 4.45%₹ 67,165 6.14%₹ 18,155 5.22%₹ 1,56,838
HDFC Short Term Debt Fund 0.01%₹ 10,001 0.42%₹ 10,041 1.67%₹ 10,167 2.81%₹ 10,281 3.85%₹ 10,384 4.74%₹ 12,307 3.92%₹ 10,800 4.09%₹ 25,033 5.93%₹ 11,889 4.58%₹ 38,607 6.97%₹ 14,006 6.07%₹ 69,953 7.76%₹ 21,130 7.13%₹ 1,73,270
ICICI Prudential Short Term Fund 0.01%₹ 10,000 0.38%₹ 10,038 1.46%₹ 10,146 3.28%₹ 10,327 5.03%₹ 10,503 5.75%₹ 12,372 4.43%₹ 10,908 4.82%₹ 25,218 6.22%₹ 11,988 5.12%₹ 38,919 6.91%₹ 13,967 6.32%₹ 70,410 7.75%₹ 21,105 7.20%₹ 1,73,895
Kotak Bond (short Term) -0.04%₹ 9,996 0.29%₹ 10,029 1.42%₹ 10,141 2.49%₹ 10,248 3.12%₹ 10,311 4.01%₹ 12,260 3.35%₹ 10,683 3.49%₹ 24,880 5.22%₹ 11,651 3.91%₹ 38,220 6.38%₹ 13,625 5.42%₹ 68,830 7.17%₹ 20,000 6.53%₹ 1,67,941
Nippon India Short Term Fund 0.01%₹ 10,001 0.41%₹ 10,041 1.63%₹ 10,162 2.60%₹ 10,259 3.38%₹ 10,337 4.24%₹ 12,275 4.07%₹ 10,832 3.85%₹ 24,971 5.53%₹ 11,753 4.38%₹ 38,492 6.37%₹ 13,620 5.69%₹ 69,303 7.36%₹ 20,348 6.67%₹ 1,69,127
Axis Short Term Fund 0.02%₹ 10,001 0.49%₹ 10,048 1.65%₹ 10,165 2.71%₹ 10,271 3.91%₹ 10,390 4.70%₹ 12,305 3.88%₹ 10,792 4.08%₹ 25,030 5.64%₹ 11,790 4.43%₹ 38,517 6.67%₹ 13,815 5.83%₹ 69,547 7.38%₹ 20,394 6.83%₹ 1,70,568

Portfolio Holdings

Portfolio holdings pattern of Principal Short Term Debt Fund as on 02 Feb 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    84.58%
  • Others Holdings:

    15.44%

Top Debt Instrument Type holdings of Principal Short Term Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 46.26% ₹ 189.51 Cr.
GOI 23.90% ₹ 97.93 Cr.
T-Bills 6.02% ₹ 24.66 Cr.
CD 4.82% ₹ 19.73 Cr.
CP 3.58% ₹ 14.66 Cr.
Others 15.42% -

Top Debt Holdings of Principal Short Term Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 23.90% ₹ 97.93 Cr.
Bond - National Bank for Agriculture & Rural Development 6.38% ₹ 26.15 Cr.
Bond - Housing Development Finance Corporation Ltd. 6.24% ₹ 25.55 Cr.
Bond - T-Bill 6.02% ₹ 24.66 Cr.
Bond - Axis Bank Ltd. 4.82% ₹ 19.73 Cr.
Others 52.64%

Other Holdings

Holding TypeHolding Percentage
TREPS 10.59%
Reverse Repo 5.71%
Net Receivables -0.86%