Principal Short Term Debt Fund | Invest in Fixed Income MF Scheme
Short Term Debt Mutual Fund
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 Debt Fund

(An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.(Concept of Macaulay Duration explained below))

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
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.

Investment in Securities lending - up to 20% of the net assets

Investment in the units of Liquid/ Money Market/ Debt Mutual Fund Scheme(s) shall not exceed 5% of the net asset value of the mutual fund.

Macaulay Duration of the portfolio shall be maintained between 1 year and 3 years.

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

Exit Load:


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).

Please check the disclosure page for the current expense ratio.
More Information



Minimum No. & Amt.


6 installments of 2000/- each.


6 installments of 500/- each.


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.

Disclaimer - "Mutual Fund investments are subject to market risks, read all scheme related documents carefully"