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Principal Dynamic Bond Fund(QDS)-Direct Plan

Principal Dynamic Bond Fund(QDS)-Direct Plan
Dividend Yearly
0.26  (As on 15-03-2019)
Category
Debt - Income
52-week NAV high
20.88  (As on 02-04-2019)
52-week NAV low
19.25  (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 0.16 1.31 3.82 5.01 4.03 5.41 5.36 6.47 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Jan 01, 2013
Last Dividend
0.26
Minimum Investment
5000

The Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan is well-suited for investors who are looking to generate income over a long investment horizon by investing in debt and money market instruments with varying risks. This mutual fund invests its assets in a diverse portfolio of debt instruments and debt-related securities of quasi-government and government organisations as well as corporate issuers. However, it should be noted that this scheme can also invest in securitised debts to meet its liquidity needs.

This fund allows investors to choose between 2 investment plans - the Regular Plan and the Direct Plan. The investment options available under both the plans are the Growth Option and the Dividend Option. Under this scheme, the Dividend Option can be further sub-categorised into Dividend Reinvestment, Dividend Sweep, and Dividend Payout.

Investment Objective of Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

The main objective of this investment plan is to generate regular income while allowing the capital to grow in the long run through investments in debt instruments and debt-related securities.

Key Features of Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

See the table mentioned below to learn about some of the key features of Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan:

Type of fund

An open-ended dynamic debt scheme that invests across tenures

Plans available

  • Regular Plan
  • Direct Plan

Options under each plan

  • Growth Option
  • Dividend Option
    • Dividend Payout
    • Dividend Reinvestment
    • Dividend Sweep

Please note that investors can invest in the Dividend Option

on a quarterly or yearly basis.

Risk

Moderate

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Regular Withdrawal Plan

Available

Investment Amount for Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

When you decide to invest in this scheme, you must be aware of the various investment amounts that are levied that the unitholders have to pay. See the table mentioned below to learn about these charges:

Minimum application amount

Rs.5,000 and any amount under each plan or option thereafter

Minimum additional investment

Rs.1,000 and subsequently any amount under each plan or option

Minimum installment for Systematic Investment Plan (SIP)

Rs.2,000 for at least 6 installments

Minimum installment for Systematic Transfer Plan (STP)

Rs.1,000 for at least 6 installments

Minimum installment for Regular Withdrawal Plan (RWP)

Rs.500 for at least 6 installments

Entry Load

Not applicable

Exit Load

  • For redemption and switch-out of units on or before the completion of 1 year starting from the date of allotment - 1%
  • For redemption and switch-out of units after the completion of 1 year starting from the date of allotments - Nil

Asset Allocation for Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

Instruments

Allocations (Percentage of total assets)

Risk Profile

Debt securities

Up to 100%

Low to medium

Money market instruments

Up to 100%

Low

Securitised debt

Up to 50%

Low to medium

Please note that this mutual fund can choose to invest up to 35% of its net assets in derivatives. The maximum investment in overseas financial debt instruments, which includes units of overseas mutual funds, can be 25% of the net assets of the investment plan. Furthermore, the scheme might deploy a maximum of 50% of its net assets in stock lending.

NAV Disclosure and Benchmark for Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

NAV - The purchase, redemption, and switch-outs under this scheme as based on the net asset value (NAV) of the units for each business day. Therefore, the asset management company (AMC) should calculate the NAV of the units of this fund scheme for all working days. The AMC shall display the NAVs on its official website at www.principalindia.com along with the website of the Association of Mutual Funds in India (AMFI) at www.amfiindia.com by 9.00 p.m. of each working day.

The AMC must also display the unaudited financial results of the scheme in a user-friendly and downloadable format on its website before the completion of 1 month starting from the end of every half-year, i.e. 31 March and 30 September. The AMC should also advertise the same in an English daily newspaper with nationwide circulation along with a newspaper published in the regional language of the area where the head office of the AMC is situated. The company shall update the scheme portfolio along with the ISIN on its website on the last day of the month or half-year. The portfolio should also be displayed on the AMFI website in a downloadable, user-friendly format within 10 days starting from the end of each month or half-year.

Benchmark Index - The benchmark followed by Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan is Crisil Composite Bond Fund Index.

Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan Fund Manager

The fund manager of Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan is Ms. Bekxy Kuriakose. Ms. Kuriakose has been providing her expert counsel to unitholders under this scheme since January 2013. She has been using her years of experience along with her extensive knowledge of the market to help investors choose the right investment strategies according to their specific investment goals and unique risk-taking capacities.

Why You Should Invest in Principal Dynamic Bond Fund - Quarterly Dividend Sweep - Direct Plan

  • By investing in this scheme, unitholders can earn high returns in the long term.
  • This option allows investors to sweep the dividend amount on a quarterly basis.
  • This mutual fund carries a moderate risk factor.
  • This scheme offers SIP, STP, and RWP facilities for the convenience of the investors.
  • Investors are not charged any exit loan under this fund if they redeem or switch-out their units after the completion of 1 year starting from the date of allotment.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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