PRINCIPAL
Principal Floating Rate Fund - SMP-Daily Dividend
Category
Liquid
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
102726
ISIN (Growth)
—
ISIN (Dividend)
—
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 | — | — | — | — | — |
| 1W | — | — | — | — | — |
| 2W | — | — | — | — | — |
| 1M | -100.00% | -6.74% | -93.26 | 86 / 87 | Q4 |
| 3M | -100.00% | -6.22% | -93.78 | 85 / 86 | Q4 |
| 6M | -100.00% | -6.43% | -93.57 | 83 / 84 | Q4 |
| YTD | -100.00% | -6.15% | -93.85 | 84 / 85 | Q4 |
| 1Y | -100.00% | -5.38% | -94.62 | 83 / 84 | Q4 |
| 2Y | -100.00% | -6.52% | -93.48 | 84 / 86 | Q4 |
| 3Y | -100.00% | -6.38% | -93.62 | 83 / 85 | Q4 |
| 4Y | -100.00% | -7.58% | -92.42 | 72 / 74 | Q4 |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | -100.00% | -6.05% | -93.95 | 86 / 88 | Q4 |
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 |
|---|---|---|---|---|
| 2010 YTD | -100.00% | -2.87% | -97.13 | 67 / 68 |
| 2009 | +0.00% | -0.61% | +0.61 | 40 / 63 |
| 2008 | +0.00% | +2.48% | -2.48 | 47 / 54 |
| 2007 | +0.00% | +2.06% | -2.06 | 35 / 45 |
| 2006 | — | — | — | — |
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
+0.00%
43 windows
min 0.0% · max 0.0%
0% positive
Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.
3-Year rolling
+0.00%
19 windows
min 0.0% · max 0.0%
0% positive
Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.
5-Year rolling
—
Insufficient history
7-Year rolling
—
Insufficient history
Recent NAVs
| Date | NAV |
|---|---|
| 18 Oct 2010 | ₹0.0000 |
| 23 Sep 2010 | ₹10.0007 |
| 22 Sep 2010 | ₹10.0007 |
| 21 Sep 2010 | ₹10.0007 |
| 20 Sep 2010 | ₹10.0007 |
| 19 Sep 2010 | ₹10.0007 |
| 18 Sep 2010 | ₹10.0007 |
| 17 Sep 2010 | ₹10.0007 |
| 16 Sep 2010 | ₹10.0007 |
| 15 Sep 2010 | ₹10.0007 |
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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 Floating Rate Fund - SMP-Daily Dividend is a Liquid from PRINCIPAL (Unknown 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 Floating Rate Fund - SMP-Daily Dividend has NAV history starting from 01 Apr 2006, a track record of about 20 years 2 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 Floating Rate Fund - SMP-Daily Dividend 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 Floating Rate Fund - SMP-Daily Dividend has delivered a absolute return of -100.00% — -94.62 pp behind the Liquid category average of -5.38%. The fund ranks #83 of 84 in its category — the bottom (Q4) quartile.
Over the trailing 3-year window, Principal Floating Rate Fund - SMP-Daily Dividend has delivered a CAGR of -100.00% — -93.62 pp behind the Liquid category average of -6.38%. The fund ranks #83 of 85 in its category — the bottom (Q4) quartile.
Principal Floating Rate Fund - SMP-Daily Dividend doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.
₹1 lakh invested in Principal Floating Rate Fund - SMP-Daily Dividend exactly 3 years ago would be worth approximately ₹0 today — a multiplier of 0.00×, based on the 3-year CAGR of -100.00%. The category average over the same window would have grown ₹1 lakh to ₹82,055.
We don't have enough NAV history yet to simulate a SIP on Principal Floating Rate Fund - SMP-Daily Dividend. The fund typically needs 12+ months for a 1-year SIP backtest.
Principal Floating Rate Fund - SMP-Daily Dividend doesn't have enough SIP-backtest history yet. Check the 1-year SIP simulation above as soon as it has 12+ months of NAVs.
On a 3-year basis, Principal Floating Rate Fund - SMP-Daily Dividend ranks #83 out of 85 funds in the Liquid category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is -6.38%; this fund delivered -100.00%.
Principal Floating Rate Fund - SMP-Daily Dividend doesn't have a computed drawdown figure yet.
Across all 3-year rolling windows, Principal Floating Rate Fund - SMP-Daily Dividend averaged 0.00% (best 0.00%, worst 0.00%). 0% of rolling windows ended positive.
In calendar year 2009, Principal Floating Rate Fund - SMP-Daily Dividend returned 0.00% — beating the Liquid category average of -0.61% by 0.61 pp. It ranked #40 of 63 in its category that year.
Principal Floating Rate Fund - SMP-Daily Dividend 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 Floating Rate Fund - SMP-Daily Dividend 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.