Which came first is still dilemma! Don't let it happen with your investments.

Long-terms gains could mean less returns.

Short-term liquidity could mean less returns.

Debt/ Fixed Income

Principal Short Term Income Fund

(An open-ended Income Scheme)

This product is suitable for investors who are seeking*

  • Income over a medium term investment horizon
  • Investment in Debt & Money Market Instruments

 *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

To generate regular income and capital appreciation/ accretion through investment in debt instruments and related securities besides preservation of capital and has been designed to achieve stable returns over shorter-term investment horizons.

Fund Manager:
Mr. Gurvinder Singh Wasan
Allotment Date:
May 09, 2003
Benchmark:
CRISIL Short-Term Bond
Fund Index
Types of Instruments Normal Allocation
(% of Net Assets)
Risk Profile
Debt Securities (including securitised debt upto 50%) Upto 100% Low to Medium
Money Market Instruments Upto 100% Low

Investment in derivatives shall be upto 35% of the net assets of the Scheme.

Subject to the SEBI Regulations, the Mutual Fund may deploy upto 50% of its total net assets of the Scheme in Stock Lending.

Regular Plan and Direct Plan.
Both the Plan offer Dividend & Growth Option Dividend Frequency (under both the Plan) - Monthly

Exit Load:
Nil

New Investor: 5000/-
Existing Investor: 1000/-

3.00 p.m.

In respect of purchase/switch-in of units for an amount equal to or more than 2 Lakhs, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped).

Regular Plan
1.20% p.a. of the daily net assets

Direct Plan
0.32% p.a. of the daily net assets

SIP / RWP / STP: Available

Minimum No. & Amt.

SIP : 6 installments of 2000/- each.

RWP: 6 installments of 500/- each.

STP : 6 installments of 1000/- each.

Note : Principal Bank CD Fund has been merged with Principal Short Term Income Fund from 22nd May, 2017. Click here to view notice.