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Principal Ultra Short Term Fund

Principal Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.28

as on 24 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,341 today.

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NAV Performance

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

Fund Information

  • ₹ 2,224.760

    as on 24 Jan 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 100 Cr.

    as on 24 Jan 2022
  • 1.04%

    since 30 Nov 2021
  • 28 Dec 2007

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • Principal Mutual Fund

    Show All Funds

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 ₹ 2,224.760 as on 24 Jan 2022.

This fund has 14 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

  • About Bekxy Kuriakose

    Picture of Bekxy KuriakoseBekxy 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 0.07% 0.41% 4.53% 6.41% 8.00% 6.19% 7.38% 7.38% 8.07% 7.37% 7.03% 6.01% 6.99% 7.37%
Category Average 0.05% 0.31% 0.97% 1.91% 3.74% 4.30% 5.26% 5.88% 7.27% 3.66% 3.89% 4.52% 5.25% 6.42%
Principal Ultra Short Term Fund 0.03%₹ 10,002 0.25%₹ 10,024 0.69%₹ 10,069 1.32%₹ 10,131 2.78%₹ 10,278 2.71%₹ 12,175 3.27%₹ 10,665 2.88%₹ 24,726 4.28%₹ 11,341 3.42%₹ 37,933 4.05%₹ 12,198 3.63%₹ 65,780 6.58%₹ 18,928 5.26%₹ 1,57,097
HDFC Ultra Short Term Fund 0.05%₹ 10,005 0.33%₹ 10,032 0.87%₹ 10,086 1.69%₹ 10,169 3.69%₹ 10,368 3.53%₹ 12,229 4.89%₹ 11,004 4.10%₹ 25,033 5.78%₹ 11,838 4.81%₹ 38,740 - - - -
ICICI Prudential Ultra Short Term Fund 0.06%₹ 10,005 0.35%₹ 10,035 0.93%₹ 10,093 1.88%₹ 10,187 4.15%₹ 10,415 3.92%₹ 12,254 5.11%₹ 11,050 4.51%₹ 25,139 6.19%₹ 11,976 5.24%₹ 38,989 6.56%₹ 13,741 6.08%₹ 69,967 7.80%₹ 21,212 7.37%₹ 1,75,406
Aditya Birla Sun Life Savings Fund 0.07%₹ 10,006 0.40%₹ 10,040 0.99%₹ 10,099 1.92%₹ 10,192 4.16%₹ 10,416 4.05%₹ 12,262 5.36%₹ 11,101 4.62%₹ 25,166 6.33%₹ 12,022 5.35%₹ 39,057 6.73%₹ 13,848 6.23%₹ 70,244 8.07%₹ 21,747 7.36%₹ 1,75,386
SBI Magnum Ultra Short Duration Fund 0.04%₹ 10,003 0.37%₹ 10,037 0.90%₹ 10,090 1.72%₹ 10,172 3.55%₹ 10,354 3.48%₹ 12,225 4.53%₹ 10,927 3.86%₹ 24,973 5.60%₹ 11,778 4.59%₹ 38,612 6.30%₹ 13,572 5.64%₹ 69,205 7.49%₹ 20,594 6.74%₹ 1,69,715
Kotak Savings Fund 0.06%₹ 10,006 0.36%₹ 10,035 0.87%₹ 10,087 1.63%₹ 10,163 3.42%₹ 10,342 3.37%₹ 12,219 4.44%₹ 10,908 3.76%₹ 24,947 5.49%₹ 11,742 4.48%₹ 38,548 6.13%₹ 13,466 5.47%₹ 68,917 7.52%₹ 20,653 6.71%₹ 1,69,494

Portfolio Holdings

Portfolio holdings pattern of Principal Ultra Short Term Fund as on 26 Jan 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    80.44%
  • Others Holdings:

    19.56%

Top Debt Instrument Type holdings of Principal Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 32.89% ₹ 57.74 Cr.
GOI 27.97% ₹ 49.09 Cr.
T-Bills 8.84% ₹ 15.51 Cr.
CP 6.24% ₹ 10.95 Cr.
CD 4.50% ₹ 7.90 Cr.
Others 19.56% -

Top Debt Holdings of Principal Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 27.97% ₹ 49.09 Cr.
Bond - T-Bill 8.84% ₹ 15.51 Cr.
Bond - Indian Railway Finance Corporation Ltd. 4.56% ₹ 8.01 Cr.
Bond - Indusind Bank Ltd. 4.50% ₹ 7.90 Cr.
Bond - Rural Electrification Corporation Limited 4.00% ₹ 7.02 Cr.
Others 50.13%

Other Holdings

Holding TypeHolding Percentage
TREPS 21.09%
Net Receivables -1.53%