Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 01-07-2020)

22.49

3 YRS CAGR

(as on 01-07-2020)

4.15%

CAGR since inception

(since 01-01-2013)

9.29%

AUM

(as on 31-May-2020)

134.73 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 01-07-2020
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 01-07-2020
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 01-07-2020
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-May-2020
As on 31-May-2020
% of NAV
Sector
13.80%
Banks
6.11%
Finance
5.76%
Software
5.28%
Pharmaceuticals
4.88%
Petroleum Products
4.16%
Power
3.40%
Consumer Non Durables
2.67%
Telecom - Services
2.67%
Consumer Durables
2.65%
Cement
2.56%
Auto
2.24%
Auto Ancillaries
1.74%
Industrial Products
1.33%
Retailing
1.19%
Construction Project
1.04%
Chemicals
0.88%
Fertilisers
0.73%
Transportation
0.68%
Pesticides
0.59%
Ferrous Metals
0.58%
Non - Ferrous Metals
0.50%
Engineering Services
0.48%
Services
0.28%
Media & Entertainment
0.24%
Construction
As on 31-May-2020
% to NET Assets
Name
7.41%
Cash & Cash Equivalents
5.78%
TREPS 01-Jun-2020
4.16%
Adani Power Ltd.
4.09%
Reliance Industries Ltd.
3.96%
HDFC Bank Ltd.
3.39%
Infosys Ltd.
2.67%
Bharti Airtel Ltd.
2.46%
ICICI Bank Ltd.
2.27%
7.47% Power Finance Corporation Ltd. 16-Sep-2021
2.23%
Tata Consultancy Services Ltd.
2.22%
Export-Import Bank of India 24-Jun-2020
2.13%
Housing Development Finance Corporation Ltd.
2.08%
IndusInd Bank Ltd.
2.04%
Axis Bank Ltd.
1.91%
6.10% State Government of Karnataka 11-Dec-2021
1.90%
Divi's Laboratories Ltd.
1.86%
6.25% The Federal Bank Ltd. (Duration 181 Days)
1.86%
7.74% Bajaj Finance Ltd. 30-Jun-2020
1.74%
State Bank of India
1.71%
Hindustan Unilever Ltd.
1.51%
7.35% Housing Development Finance Corporation Ltd. 10-Feb-2025
1.51%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
1.51%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
1.49%
Maruti Suzuki India Ltd.
1.48%
5.95% Canara Bank (Duration 182 Days)
1.36%
Dr. Reddy's Laboratories Ltd.
1.26%
Kotak Mahindra Bank Ltd.
1.19%
Larsen & Toubro Ltd.
1.12%
Abbott India Ltd.
0.97%
Max Financial Services Ltd.
0.88%
Exide Industries Ltd.
0.88%
Coromandel International Ltd.
0.82%
Grasim Industries Ltd.
0.82%
Avenue Supermarts Ltd.
0.81%
SBI Life Insurance Company Ltd.
0.80%
7.27% Government of India 08-Apr-2026
0.80%
Relaxo Footwears Ltd.
0.77%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.76%
ITC Ltd.
0.75%
Ultratech Cement Ltd.
0.75%
Hindustan Petroleum Corporation Ltd.
0.74%
Bank of Baroda 01-Jun-2020
0.73%
TCI Express Ltd.
0.73%
Axis Bank Ltd. 30-Oct-2020
0.73%
5.95% Canara Bank (Duration 181 Days)
0.70%
Bajaj Finance Ltd.
0.68%
Bayer Cropscience Ltd.
0.67%
Astral Poly Technik Ltd.
0.67%
Orient Electric Ltd.
0.66%
Dixon Technologies (India) Ltd.
0.65%
Balkrishna Industries Ltd.
0.61%
Tata Motors Ltd.
0.59%
Jindal Steel & Power Ltd.
0.58%
Hindalco Industries Ltd.
0.58%
Timken India Ltd.
0.56%
Mahindra & Mahindra Financial Services Ltd.
0.55%
Atul Ltd.
0.55%
Can Fin Homes Ltd.
0.54%
JK Cement Ltd.
0.54%
Shree Cement Ltd.
0.54%
Whirlpool of India Ltd.
0.51%
Aditya Birla Fashion and Retail Ltd.
0.50%
Rites Ltd.
0.49%
SRF Ltd.
0.49%
Aarti Industries Ltd.
0.49%
MRF Ltd.
0.48%
Indian Railway Catering & Tourism Corporation Ltd.
0.47%
91 DAY T-BILL 11-Jun-2020
0.46%
Mahindra & Mahindra Ltd.
0.41%
Alkem Laboratories Ltd.
0.40%
United Spirits Ltd.
0.39%
Jubilant Foodworks Ltd.
0.39%
Muthoot Finance Ltd.
0.28%
Zee Entertainment Enterprises Ltd.
0.26%
City Union Bank Ltd.
0.25%
Sun Pharmaceutical Industries Ltd.
0.24%
Kajaria Ceramics Ltd.
0.24%
Natco Pharma Ltd.
0.22%
Motherson Sumi Systems Ltd.
0.14%
Tech Mahindra Ltd.
0.14%
Britannia Industries Ltd.

Benchmark

50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 Yrs 182 Days

Performance

Suitable for

1. Long term capital growth.
2. Investment in equity and equity related securities including equity derivatives as well as Debt/Money Market securities through a systematic allocation of Funds between Equity and Debt on the basis of the Price Earnings Ratio of Nifty 50.

Investment Objective

The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt/money market instruments for defensive purposes. The scheme will decide on allocation of funds into equity assets based on equity market Price Earnings Ratio (PE Ratio) levels. When the markets become expensive in terms of 'Price to Earnings' Ratio; the scheme will reduce its allocation to equities and move assets into cash future arbitrage/equity derivatives, debt and/or money market instruments and vice versa.

WHY INVEST IN Principal Balanced Advantage Fund?

• The fund dynamically switches between equity and fixed income instruments at a predefined interval; thus, reducing market related risk.
• It keeps away the emotional/sentimental investing.
• The fund invests based on a pre-defined rules based asset allocation model, which is based on month-end trailing Price to Earnings (PE) ratio of the Nifty 50.
• The fund provides stable growth with low volatility hence lesser risky as compared to equity funds. Ideal investment option for first time investors.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plans offer growth and monthly dividend option. The monthly dividend option under both the Plans offers facility of Payout, Reinvestment and Sweep.

OTHER DETAILS

Exit Load:

0.25% for redemptions within 7 days from the date of allotment.

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 500*
STP - Rs 1000
RWP - Rs 500
*12 installments each

Cut Off Time

1.00 p.m (Applicable from 7th April till further notice). In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 1.00 p.m. and receipt of application (duly time stamped).

fund manager

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
funds managed
Bekxy Kuriakose - Principal Balanced Advantage Fund Manager

Bekxy Kuriakose

Bekxy Kuriakose has over 18 years of experience in dealing, research a...
funds managed