Fund Performance
Lumpsum
SIP
5.51
as on 31 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,748 today.
NAV Performance
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
-
CRISIL 10 Year Gilt Index
-
Principal Mutual Fund
Show All Funds
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
Gurvinder 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
Top Debt Instrument Type holdings of Principal Short Term Debt Fund
| Instrument Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 10.59% |
| Reverse Repo | 5.71% |
| Net Receivables | -0.86% |