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Principal Dynamic Bond Fund(ADR)-Direct Plan

Principal Dynamic Bond Fund(ADR)-Direct Plan
Dividend Yearly
0.15  (As on 17-09-2018)
Category
Debt - Income
52-week NAV high
19.32  (As on 02-04-2019)
52-week NAV low
17.80  (As on 17-05-2018)
Expense
0.94%  (As on 28-02-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.02 1.61 4.98 7.02 4.33 5.59 5.27 6.69 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Jan 01, 2013
Last Dividend
0.15
Minimum Investment
5000

The Principal Mutual Fund is managed by the asset management company (AMC) called Principal Asset Management Private Limited. It is one of the oldest investment managers. The name of the trustee company is Principal Trustee Company Private Limited.

The Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is an open-ended dynamic debt scheme that invests in securities of varying durations.

Investment Objectives of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option

The main objective of investment of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is to preserve the capital. In addition to that, it also generates the growth of capital and/or generates regular income through investments made in debt instruments and other instruments related to debt.

Key Features of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option

The main features of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option are as follows:

Type of fund

An open-ended dynamic debt scheme that invests in securities of varying durations.

Plans available

  • Principal Dynamic Bond Fund - Regular Plan
  • Principal Dynamic Bond Fund - Direct Plan

Options under each plan

  • Principal Dynamic Bond Fund - Regular Plan - Growth Option
  • Principal Dynamic Bond Fund - Regular Plan - Dividend Option
    • Quarterly Dividend Payout Option
    • Quarterly Dividend Sweep Option
    • Quarterly Dividend Reinvestment Option
    • Annual Dividend Payout Option
    • Annual Dividend Sweep Option
    • Annual Dividend Reinvestment Option
  • Principal Dynamic Bond Fund - Direct Plan - Growth Option
  • Principal Dynamic Bond Fund - Direct Plan - Dividend Option
    • Quarterly Dividend Payout Option
    • Quarterly Dividend Sweep Option
    • Quarterly Dividend Reinvestment Option
    • Annual Dividend Payout Option
    • Annual Dividend Sweep Option
    • Annual Dividend Reinvestment Option

Risk

Moderate

Systematic Investment Plan (SIP)

Available

Systematic Transfer Plan (STP)

Available

Regular Withdrawal Plan (RWP)

Available

Investment Amount for the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option

Minimum application amount

Rs.5,000 and any amount thereafter

Minimum additional investment

Rs.1,000 and any amount thereafter

Minimum instalment for Systematic Investment Plan (SIP)

  • Monthly basis: Minimum amount: Rs.2,000 per instalment Minimum number of instalments: 6 instalments
  • Quarterly basis: Minimum amount: Rs.2,000 per instalment Minimum number of instalments: 6 instalments

Minimum instalment for Regular Withdrawal Plan

Under the Regular Withdrawal Plan, unitholders can choose from:

  • Monthly Regular Withdrawal Plan
  • Quarterly Regular Withdrawal Plan
  • Semi-Annual Regular Withdrawal Plan
  • Annual Regular Withdrawal Plan

The redemption can be:

  • A fixed number of units
  • A fixed amount

Minimum amount: Rs.500 per instalment Minimum number of instalments: 6 instalments

Minimum instalment for Systematic Transfer Plan (STP)

Under the Systematic Transfer Plan (STP), unitholders can choose from:

  • Daily Systematic Transfer Plan
  • Weekly Systematic Transfer Plan
  • Monthly Systematic Transfer Plan
  • Quarterly Systematic Transfer Plan
  • Semi-Annual Systematic Transfer Plan
  • Annual Systematic Transfer Plan

The transfer can be made from one scheme to another or one plan to another, for the following:

  • A fixed number of units
  • A fixed amount

Minimum amount: Rs.1,000 per instalment Minimum number of instalments: 6 instalments

Entry Load

N/A

Exit Load

  • If the units are redeemed on or before the completion of a year from the allotment date: 1%
  • If the units are redeemed after the completion of a year from the allotment date: Nil

Asset Allocation for the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option

Type of security

Indicative Allocations (percentage of total assets)

Risk Profile

Minimum

Maximum

High/Medium/Low

Debt Securities

0%

100%

Low to Medium

Money Market Instruments

0%

100%

Low

Securitised Debt

0%

50%

Low to Medium

NAV Disclosure and Benchmark of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option

The net asset value or NAV of each unit under the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is required to be calculated and published by the end of every working day. This is mandatorily published by 9:00 p.m. of every business day. The calculation is done on the basis of the recommendations of the SEBI (Mutual Fund) Regulations, 1996. The NAV is calculated with the help of the following formula:

NAV = (Market or Fair Value of Securities + Accrued Income + Receivables + Other assets - Accrued Expenses - Payables - Other Liabilities) / Total number of units that are outstanding under the scheme on the date of calculation.

The NAV is calculated and rounded off to up to 4 decimal places.

The benchmark of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is CRISIL Composite Bond Fund Index.

Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option Fund Manager

The Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is managed by Ms. Bekxy Kuriakose. She has been managing the fund since January 2013.

Why should you invest in the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option?

The Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment Option is a product offered by Principal Asset Management Private Limited (renamed from Principal Pnb Asset Management Company Private Limited). It is one of the oldest and one of the most renowned asset management companies (AMCs) in the world. If the investment objectives of an investor are fulfilled by the objectives of the Principal Dynamic Bond Fund - Direct Plan - Annual Dividend Reinvestment scheme, it is a great option to invest in.

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