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Principal Dynamic Bond Fund(AD)

Principal Dynamic Bond Fund(AD)
Dividend Yearly
0.05  (As on 17-09-2018)
Category
Debt - Income
52-week NAV high
42.14  (As on 02-04-2019)
52-week NAV low
39.10  (As on 17-05-2018)
Expense
1.55%  (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 -0.03 1.47 4.62 6.45 3.73 4.98 4.66 6.09 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Sep 09, 2003
Last Dividend
0.05
Minimum Investment
5000

The Principal Dynamic Bond Fund is a product which is offered by Principal Mutual Fund. The asset management company (AMC) for the mutual fund is Principal Asset Management Private Limited which was known as Principal Pnb Asset Management Company Private Limited earlier. The name of the trustee company is Principal Trustee Company Private Limited.

The Principal Dynamic Bond Fund - Regular Plan - Annual Dividend Option is an open-ended dynamic debt scheme that invests across varied durations.

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

The investment objective of the Principal Dynamic Bond Fund - Regular Plan - Annual Dividend Option is to facilitate the generation of income regularly and help in the appreciation of capital through investments made in debt instruments and other instruments which are related to debt. However, the realisation of the investment objectives is not assured.

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

The key features of the Principal Dynamic Bond Fund - Regular Plan - Annual Dividend Option are listed below:

Type of fund

An open-ended dynamic debt scheme that invests across varied 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

Available

Investment Amount for the Principal Dynamic Bond Fund - Regular Plan - Annual Dividend 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 1 year from the unit’s allotment date: 1%
  • If the units are redeemed after the completion of 1 year from the unit’s allotment date: Nil

Asset Allocation for the Principal Dynamic Bond Fund - Regular Plan - Annual Dividend 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 Securities

0%

100%

Low

Securitised Debt

0%

50%

Low to Medium

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

As per the prescribed mandate of the SEBI (Mutual Fund) Regulations, 1996, the Net Asset Value or NAV of each unit under the scheme has to be calculated and published by the end of every working day. The following formula is used for determining the NAV:

Net Asset Value (NAV) = (Market value or Fair value of securities under the scheme + Accrued Income + Receivables + Other Assets - Accrued Expenses - Payables - Other Liabilities) / Total Number of outstanding units.

The NAV is rounded off to 4 decimal places and is published in the official website of the mutual fund as well as the AMFI website. In addition to this, it is also required to be published in at least 2 daily national newspapers.

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

Principal Dynamic Bond Fund - Regular Plan - Annual Dividend Option Fund Manager

The Principal Dynamic Bond Fund - Regular Plan - Annual Dividend 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 - Regular Plan - Annual Dividend Option?

Principal Financial Group, the organisation which sponsors the Principal Mutual Fund, is one of the oldest and leading investment management companies in the world. Being one of the most trusted names, the Principal Mutual Fund has a huge customer base across the nation. It has as many as 4 lakh customers. If the investment objectives of an investor are served by the scheme, the Principal Dynamic Bond Fund - Regular Plan - Annual Dividend scheme is one of the best options to invest in.

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