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Principal Ultra Short Term Fund

Principal Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.24

as on 18 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,005 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

  • ₹ 2,189.298

    as on 18 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 163 Cr.

    as on 18 Jun 2021
  • 1.05%

    since 31 Dec 2020
  • 28 Dec 2007

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • 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 ₹ 2,189.298 as on 18 Jun 2021.

This fund has 13 years of track record. Since 31 Dec 2020 expense ratio of this fund is 1.05%. 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 Very High 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% 1.38% 4.53% 6.41% 5.88% 9.91% 8.44% 7.96% 8.41% 7.07% 7.00% 7.88% 7.99% 7.85%
Category Average 0.03% 0.29% 1.11% 1.82% 3.86% 5.47% 5.78% 6.37% 7.60% 3.59% 4.65% 5.23% 5.83% 6.87%
Principal Ultra Short Term Fund 0.03%₹ 10,002 0.23%₹ 10,022 0.77%₹ 10,077 1.34%₹ 10,134 2.88%₹ 10,287 2.77%₹ 12,179 4.19%₹ 10,856 3.48%₹ 24,875 3.24%₹ 11,005 3.86%₹ 38,183 4.63%₹ 12,542 4.00%₹ 66,401 6.90%₹ 19,500 5.75%₹ 1,61,191
SBI Magnum Ultra Short Duration Fund 0.05%₹ 10,005 0.24%₹ 10,024 0.95%₹ 10,094 1.65%₹ 10,165 3.92%₹ 10,391 3.57%₹ 12,230 5.74%₹ 11,182 4.78%₹ 25,204 6.59%₹ 12,110 5.64%₹ 39,221 6.73%₹ 13,849 6.34%₹ 70,427 7.82%₹ 21,254 7.22%₹ 1,74,039
Aditya Birla Sun Life Savings Fund 0.03%₹ 10,003 0.34%₹ 10,034 1.25%₹ 10,124 1.94%₹ 10,193 5.07%₹ 10,507 4.46%₹ 12,287 6.56%₹ 11,356 5.73%₹ 25,446 7.24%₹ 12,334 6.48%₹ 39,718 7.39%₹ 14,287 6.94%₹ 71,490 8.41%₹ 22,446 7.85%₹ 1,79,922
ICICI Prudential Ultra Short Term Fund 0.05%₹ 10,004 0.37%₹ 10,036 1.20%₹ 10,119 2.09%₹ 10,208 5.32%₹ 10,531 4.63%₹ 12,298 6.46%₹ 11,335 5.66%₹ 25,429 7.08%₹ 12,280 6.37%₹ 39,650 7.35%₹ 14,264 6.80%₹ 71,243 8.00%₹ 21,599 7.82%₹ 1,79,646
IDFC Ultra Short Term Fund 0.03%₹ 10,003 0.25%₹ 10,025 0.92%₹ 10,091 1.60%₹ 10,159 3.59%₹ 10,358 3.39%₹ 12,218 5.55%₹ 11,143 4.58%₹ 25,153 - - - - - -
Kotak Savings Fund 0.01%₹ 10,001 0.25%₹ 10,024 0.92%₹ 10,091 1.55%₹ 10,155 3.86%₹ 10,385 3.45%₹ 12,222 5.59%₹ 11,150 4.68%₹ 25,179 6.43%₹ 12,056 5.52%₹ 39,153 6.70%₹ 13,837 6.18%₹ 70,140 7.89%₹ 21,379 7.22%₹ 1,74,001

Portfolio Holdings

Portfolio holdings pattern of Principal Ultra Short Term Fund as on 19 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    92.53%
  • Others Holdings:

    7.47%

Top Debt Instrument Type holdings of Principal Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 44.69% ₹ 58.34 Cr.
CP 18.26% ₹ 23.84 Cr.
GOI 12.13% ₹ 15.83 Cr.
CD 10.40% ₹ 13.57 Cr.
T-Bills 7.05% ₹ 9.22 Cr.
Others 7.47% -

Top Debt Holdings of Principal Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 12.13% ₹ 15.83 Cr.
Bond - Bharat Petroleum Corporation Ltd. 7.65% ₹ 9.99 Cr.
Bond - T-Bill 7.05% ₹ 9.22 Cr.
Bond - Bajaj Finance Ltd. 6.99% ₹ 9.13 Cr.
Bond - Housing Development Finance Corporation Ltd. 6.82% ₹ 8.91 Cr.
Others 59.36%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.64%
Net Receivables 1.83%