Should I invest in Principal Money Manager Fund?

We don't give personal investment advice. Principal Money Manager Fund-Institutional Plan-Growth 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: 4.12%.

PRINCIPAL

Principal Money Manager Fund-Institutional Plan-Growth 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

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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	+0.01%	+0.34%	-0.33	52 / 110	Q2
1W	+0.07%	+0.31%	-0.24	39 / 107	Q2
2W	+0.09%	+0.36%	-0.27	41 / 106	Q2
1M	+0.21%	+0.37%	-0.17	34 / 106	Q2
3M	+0.65%	+0.70%	-0.05	31 / 105	Q2
6M	+1.32%	-0.73%	+2.05	30 / 105	Q2
YTD	+2.66%	-1.59%	+4.24	16 / 102	Q1
1Y	+2.68%	-0.61%	+3.29	30 / 100	Q2
2Y	+3.36%	-0.86%	+4.22	27 / 96	Q2
3Y	+4.40%	-1.06%	+5.46	25 / 89	Q2
4Y	+3.58%	-1.39%	+4.96	25 / 86	Q2
5Y	+4.12%	+0.08%	+4.03	20 / 76	Q2
7Y	+5.32%	-1.37%	+6.68	15 / 53	Q2
10Y	+6.63%	+3.10%	+3.52	6 / 16	Q2
Inception	+5.85%	-1.26%	+7.12	25 / 110	Q1

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	+2.66%	+0.90%	+1.76	3 / 13
2020	+4.03%	+1.12%	+2.91	2 / 14
2019	+6.47%	+5.19%	+1.28	4 / 15
2018	+1.16%	+0.91%	+0.25	4 / 15
2017	+6.23%	+1.55%	+4.69	3 / 17
2016	+7.92%	+1.80%	+6.12	1 / 33
2015	+8.80%	+2.35%	+6.44	1 / 38
2014	+9.42%	+2.71%	+6.71	1 / 47
2013	+9.76%	+0.78%	+8.98	1 / 64
2012	+10.03%	+155.04%	-145.02	2 / 65
2011	+6.92%	-0.45%	+7.37	19 / 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

+6.29%

149 windows

min 0.0% · max 10.1%

99% positive

3-Year rolling

+6.55%

131 windows

min 2.7% · max 9.8%

100% positive

5-Year rolling

+7.02%

105 windows

min 4.1% · max 9.3%

100% positive

7-Year rolling

+7.18%

81 windows

min 5.3% · max 8.5%

100% 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

0.54%

3-year · annualised

Sharpe ratio

-4.05

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.39%

Mar 2020 → Mar 2020

% positive months

100.0%

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	₹2,220.4224
29 Dec 2021	₹2,220.1706
28 Dec 2021	₹2,219.9292
27 Dec 2021	₹2,219.8399
24 Dec 2021	₹2,219.3315
23 Dec 2021	₹2,218.9343
22 Dec 2021	₹2,218.8063
21 Dec 2021	₹2,218.7189
20 Dec 2021	₹2,218.8252
17 Dec 2021	₹2,218.5013

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-Growth 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-Growth 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-Growth 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-Growth Option has delivered a absolute return of 2.68% — +3.29 pp ahead of the Liquid category average of -0.61%. The fund ranks #30 of 100 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Principal Money Manager Fund-Institutional Plan-Growth Option has delivered a CAGR of 4.40% — +5.46 pp ahead of the Liquid category average of -1.06%. The fund ranks #25 of 89 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Principal Money Manager Fund-Institutional Plan-Growth Option has delivered a CAGR of 4.12% — +4.03 pp ahead of the Liquid category average of 0.08%. The fund ranks #20 of 76 in its category — the second (Q2) quartile.

₹1 lakh invested in Principal Money Manager Fund-Institutional Plan-Growth Option exactly 10 years ago would be worth approximately ₹189,971 today — a multiplier of 1.90×, based on the 10-year CAGR of 6.63%. 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-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹658,211 today. That's an XIRR (money-weighted annualised return) of 3.65%.

A ₹10,000 monthly SIP for 10 years in Principal Money Manager Fund-Institutional Plan-Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,575,167 (multiplier 1.31×). XIRR: 5.31%. 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-Growth Option ranks #20 out of 76 funds in the Liquid category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 0.08%; this fund delivered 4.12%.

The worst peak-to-trough decline Principal Money Manager Fund-Institutional Plan-Growth Option has experienced over the last 5-year window is 5.35% — its NAV fell from a high on 07 Sep 2018 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-Growth Option averaged 7.02% (best 9.27%, worst 4.12%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.98 — negative risk-adjusted performance.

In calendar year 2020, Principal Money Manager Fund-Institutional Plan-Growth Option returned 4.03% — beating the Liquid category average of 1.12% by 2.91 pp. It ranked #2 of 14 in its category that year.

Principal Money Manager Fund-Institutional Plan-Growth 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-Growth 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: 4.12%.

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