Fund Performance
Lumpsum
SIP
3.47
as on 31 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,076 today.
NAV Performance
Fund Information
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₹ 2,312.522
as on 31 Jan 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 100 Cr.
as on 31 Dec 2021 -
1.04%
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28 Dec 2007
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CRISIL 10 Year Gilt Index
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Principal Mutual Fund
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Highlights of this fund
Principal Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra 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 28 Dec 2007. 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 ₹ 2,312.522 as on 31 Jan 2023.
This fund has 15 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.04%. 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
To generate regular income & capital appreciation through investments in debt securities and money market instruments.
List of Fund Managers of Principal Ultra Short Term Fund
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About Bekxy Kuriakose
Bekxy Kuriakose has over 18 years of experience in dealing, research and fund management. Having primarily managed Fixed Income funds, she has worked as Asst. Vice President with L&T Mutual Fund, and as a Fund Manager with Reliance Life Insurance and SBI Mutual Fund. Kuriakose holds a graduate degree in Economics (Hons) and a PGDM from IIM Bangalore.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low 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 | 0.13% | 0.62% | 4.53% | 6.41% | 5.34% | 6.29% | 6.23% | 6.91% | 7.58% | 5.72% | 5.50% | 5.78% | 5.65% | 6.79% |
| Category Average | 0.10% | 0.46% | 1.56% | 2.75% | 4.36% | 4.05% | 4.44% | 5.52% | 6.80% | 5.11% | 4.47% | 4.32% | 4.84% | 5.93% |
| Principal Ultra Short Term Fund | 0.11%₹ 10,010 | 0.46%₹ 10,045 | 1.40%₹ 10,140 | 2.49%₹ 10,249 | 3.90%₹ 10,390 | 4.48%₹ 12,290 | 3.34%₹ 10,681 | 3.73%₹ 24,940 | 3.47%₹ 11,076 | 3.49%₹ 37,973 | 3.59%₹ 11,932 | 3.66%₹ 65,828 | 5.96%₹ 17,850 | 4.72%₹ 1,52,831 |
| HDFC Ultra Short Term Fund | 0.11%₹ 10,010 | 0.51%₹ 10,050 | 1.61%₹ 10,161 | 2.90%₹ 10,289 | 4.71%₹ 10,470 | 5.28%₹ 12,342 | 4.18%₹ 10,856 | 4.53%₹ 25,146 | 4.82%₹ 11,517 | 4.46%₹ 38,536 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.11%₹ 10,010 | 0.52%₹ 10,051 | 1.63%₹ 10,162 | 2.88%₹ 10,288 | 4.75%₹ 10,475 | 5.32%₹ 12,344 | 4.42%₹ 10,906 | 4.66%₹ 25,179 | 4.97%₹ 11,567 | 4.67%₹ 38,661 | 6.19%₹ 13,501 | 5.43%₹ 68,846 | 7.39%₹ 20,410 | 6.79%₹ 1,70,191 |
| Aditya Birla Sun Life Savings Fund | 0.11%₹ 10,010 | 0.53%₹ 10,052 | 1.64%₹ 10,164 | 2.96%₹ 10,296 | 4.93%₹ 10,492 | 5.44%₹ 12,352 | 4.52%₹ 10,927 | 4.81%₹ 25,216 | 5.19%₹ 11,641 | 4.81%₹ 38,738 | 6.34%₹ 13,602 | 5.58%₹ 69,102 | 7.58%₹ 20,774 | 6.77%₹ 1,70,002 |
| SBI Magnum Ultra Short Duration Fund | 0.13%₹ 10,013 | 0.54%₹ 10,053 | 1.64%₹ 10,164 | 2.90%₹ 10,290 | 4.67%₹ 10,466 | 5.28%₹ 12,342 | 4.10%₹ 10,839 | 4.50%₹ 25,138 | 4.56%₹ 11,433 | 4.34%₹ 38,467 | 5.89%₹ 13,317 | 5.05%₹ 68,180 | 7.02%₹ 19,709 | 6.20%₹ 1,65,048 |
| Kotak Savings Fund | 0.10%₹ 10,010 | 0.48%₹ 10,048 | 1.56%₹ 10,156 | 2.80%₹ 10,279 | 4.63%₹ 10,463 | 5.15%₹ 12,333 | 4.00%₹ 10,817 | 4.42%₹ 25,116 | 4.48%₹ 11,406 | 4.26%₹ 38,418 | 5.73%₹ 13,215 | 4.94%₹ 67,993 | 7.01%₹ 19,701 | 6.16%₹ 1,64,654 |
Portfolio Holdings
Top Debt Instrument Type holdings of Principal Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 30.28% | ₹ 382.94 Cr. |
| T-Bills | 24.66% | ₹ 311.70 Cr. |
| NCD & Bonds | 21.46% | ₹ 271.34 Cr. |
| CD | 8.22% | ₹ 103.94 Cr. |
| GOI | 1.24% | ₹ 15.79 Cr. |
| Others | 14.14% | - |
Top Debt Holdings of Principal Ultra Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 24.66% | ₹ 311.70 Cr. |
| Bond - JM Financial Services Pvt. Ltd. | 5.07% | ₹ 64.16 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 4.36% | ₹ 55.09 Cr. |
| Bond - Axis Bank Ltd. | 4.06% | ₹ 51.36 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 4.03% | ₹ 50.96 Cr. |
| Others | 57.82% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 8.53% |
| Reverse Repo | 4.60% |
| Net Receivables | 0.97% |