e.g. Tata motors, Reliance MF, 500570

Principal Floating Rate Fund - SMP - IDCW-Weekly

Debt Ultra Short Term No Data Available

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹35.7 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

To generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debtinstruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.

AMC

Principal Asset Management Private Limited

Fund Details

Launch Date

September 14, 2004

Fund Manager

Mr. Shobit Gupta

Initial Price

10

AUM Fund

35.7 Cr

Min investment

Rs 5000

Expense Ratio

0.55%

SIP Minimum Investment

Rs. 500/- and a minimum of 6 instalments.

Exit Load

Nil.

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
18.23% 23.20% ₹257.16
9.39% 24.96% ₹273.92
9.24% 24.45% ₹470.74
9.12% 21.74% ₹53.68
9.12% 21.73% ₹53.68

Holdings

Cash 20.42%
Manappuram General Fin & Leasing Ltd. 13.96%
IDBI Home Finance Ltd 12.58%
Kotak Mahindra Primus 8.39%

Sector Allocation

Banks 44.64%
Finance 20.97%
Address
Level 7, Parinee Crescenzo, Plot No. C-38/39 G Block, Bandra Kurla Complex, 400051
Phone
+91 22 67720555
Fax
+91 22 67720512
Launch Date
September 14, 2004
Custodian
SBI-SG Global Securities Services Private limited
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Principal Floating Rate Fund - SMP - IDCW-Weekly?

A: The latest NAV of Principal Floating Rate Fund - SMP - IDCW-Weekly is ₹ .

Q: What type of mutual fund is Principal Floating Rate Fund - SMP - IDCW-Weekly?

A: Principal Floating Rate Fund - SMP - IDCW-Weekly is a 'Debt - Ultra Short Term' type mutual fund managed by 'Principal Asset Management Private Limited'.

Q: What is the expense ratio of Principal Floating Rate Fund - SMP - IDCW-Weekly?

A: The expense ratio of Principal Floating Rate Fund - SMP - IDCW-Weekly is 0.55%, which impacts overall returns.

Q: Who manages Principal Floating Rate Fund - SMP - IDCW-Weekly?

A: Principal Floating Rate Fund - SMP - IDCW-Weekly is managed by Mr. Shobit Gupta, who oversees investment strategy and portfolio decisions.

Q: Is Principal Floating Rate Fund - SMP - IDCW-Weekly a good investment?

A: Principal Floating Rate Fund - SMP - IDCW-Weekly may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Principal Floating Rate Fund - SMP - IDCW-Weekly?

A: The exit load of Principal Floating Rate Fund - SMP - IDCW-Weekly is Nil., applicable if redeemed within the specified period.

Q: How is Principal Floating Rate Fund - SMP - IDCW-Weekly taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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