Should I invest in Principal Money Manager Fund-Daily Dividend Option?

We don't give personal investment advice. Principal Money Manager Fund-Institutional Plan-Daily Dividend Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 5.4%. 5-year CAGR: 0.00%.

PRINCIPAL

Principal Money Manager Fund-Institutional Plan-Daily Dividend Option

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 25 Dec 2011. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.00%	+0.34%	-0.34	95 / 110	Q4
1W	+0.00%	+0.31%	-0.31	84 / 107	Q4
2W	+0.00%	+0.36%	-0.36	50 / 106	Q2
1M	+0.00%	+0.37%	-0.37	85 / 106	Q4
3M	+0.00%	+0.70%	-0.70	49 / 105	Q2
6M	+0.00%	-0.73%	+0.73	76 / 105	Q3
YTD	+0.00%	-1.59%	+1.59	82 / 102	Q4
1Y	+0.00%	-0.61%	+0.61	79 / 100	Q4
2Y	+0.00%	-0.86%	+0.86	72 / 96	Q3
3Y	+1.14%	-1.06%	+2.20	29 / 89	Q2
4Y	+0.00%	-1.39%	+1.39	62 / 86	Q3
5Y	+0.00%	+0.08%	-0.08	58 / 76	Q4
7Y	+0.00%	-1.37%	+1.37	44 / 53	Q4
10Y	+0.00%	+3.10%	-3.10	13 / 16	Q4
Inception	+0.04%	-1.26%	+1.30	49 / 110	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2021 YTD	+0.00%	+0.90%	-0.90	8 / 13
2020	+0.00%	+1.12%	-1.12	10 / 14
2019	+3.44%	+5.19%	-1.76	6 / 15
2018	-3.35%	+0.91%	-4.26	14 / 15
2017	+0.00%	+1.55%	-1.55	14 / 17
2016	+0.00%	+1.80%	-1.80	25 / 33
2015	+0.00%	+2.35%	-2.35	27 / 38
2014	+0.00%	+2.71%	-2.71	36 / 47
2013	+0.00%	+0.78%	-0.78	53 / 64
2012	+0.00%	+155.04%	-155.04	56 / 65
2011	+0.30%	-0.45%	+0.75	28 / 67

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.03%

149 windows

min -4.8% · max 5.2%

18% positive

3-Year rolling

+0.01%

131 windows

min -1.6% · max 1.8%

32% positive

5-Year rolling

-0.03%

105 windows

min -1.0% · max 0.1%

34% positive

7-Year rolling

-0.03%

81 windows

min -0.7% · max 0.1%

44% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.75%

3-year · annualised

Sharpe ratio

-7.18

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.39%

Jul 2019 → Mar 2020

% positive months

27.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
30 Dec 2021	₹1,005.4300
29 Dec 2021	₹1,005.4300
28 Dec 2021	₹1,005.4300
27 Dec 2021	₹1,005.4300
24 Dec 2021	₹1,005.4300
23 Dec 2021	₹1,005.4300
22 Dec 2021	₹1,005.4223
21 Dec 2021	₹1,005.3828
20 Dec 2021	₹1,005.4300
17 Dec 2021	₹1,005.4300

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Principal Money Manager Fund-Institutional Plan-Daily Dividend Option is a Liquid from PRINCIPAL (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Principal Money Manager Fund-Institutional Plan-Daily Dividend Option has NAV history starting from 29 Dec 2007, a track record of about 18 years 5 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Principal Money Manager Fund-Institutional Plan-Daily Dividend Option is managed by PRINCIPAL. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option has delivered a absolute return of 0.00% — +0.61 pp ahead of the Liquid category average of -0.61%. The fund ranks #79 of 100 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option has delivered a CAGR of 1.14% — +2.2 pp ahead of the Liquid category average of -1.06%. The fund ranks #29 of 89 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option has delivered a CAGR of 0.00% — -0.08 pp behind the Liquid category average of 0.08%. The fund ranks #58 of 76 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Principal Money Manager Fund-Institutional Plan-Daily Dividend Option exactly 10 years ago would be worth approximately ₹100,000 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.00%. The category average over the same window would have grown ₹1 lakh to ₹135,735.

A ₹10,000 monthly SIP in Principal Money Manager Fund-Institutional Plan-Daily Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹602,635 today. That's an XIRR (money-weighted annualised return) of 0.17%.

A ₹10,000 monthly SIP for 10 years in Principal Money Manager Fund-Institutional Plan-Daily Dividend Option = ₹1,200,000 invested. It would currently be worth ₹1,202,635 (multiplier 1.00×). XIRR: 0.04%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option ranks #58 out of 76 funds in the Liquid category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 0.08%; this fund delivered 0.00%.

The worst peak-to-trough decline Principal Money Manager Fund-Institutional Plan-Daily Dividend Option has experienced over the last 5-year window is 5.35% — its NAV fell from a high on 30 Dec 2016 to a low on 25 Sep 2018. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option averaged -0.03% (best 0.06%, worst -0.99%). 34% of rolling windows ended positive. The 5-year Sharpe ratio is -2.68 — negative risk-adjusted performance.

In calendar year 2020, Principal Money Manager Fund-Institutional Plan-Daily Dividend Option returned 0.00% — lagging the Liquid category average of 1.12% by 1.12 pp. It ranked #10 of 14 in its category that year.

Principal Money Manager Fund-Institutional Plan-Daily Dividend Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Principal Money Manager Fund-Institutional Plan-Daily Dividend Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 5.4%. 5-year CAGR: 0.00%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.