Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 25-09-2020)

23.37

3 YRS CAGR

(as on 25-09-2020)

4.77%

CAGR since inception

(since 01-01-2013)

9.53%

AUM

(as on 2020-08-31)

143.93 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-09-2020
* 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 25-09-2020
* 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 25-09-2020
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2020-08-31
As on 2020-08-31
% of NAV
Sector
15.83%
Banks
9.93%
Software
6.81%
Pharmaceuticals
6.17%
Petroleum Products
4.63%
Finance
4.56%
Auto
2.86%
Telecom - Services
2.75%
Cement
1.97%
Consumer Non Durables
1.75%
Auto Ancillaries
1.60%
Consumer Durables
1.50%
Chemicals
1.00%
Construction Project
0.92%
Industrial Products
0.85%
Ferrous Metals
0.72%
Non - Ferrous Metals
0.72%
Retailing
0.57%
Pesticides
0.51%
Fertilisers
0.45%
Construction
0.36%
Transportation
0.30%
Media & Entertainment
0.19%
Services
As on 2020-08-31
% to NET Assets
Name
14.29%
Cash & Cash Equivalents
4.91%
Reliance Industries Ltd.
4.53%
ICICI Bank Ltd.
3.86%
Infosys Ltd.
3.51%
State Bank of India
3.22%
Axis Bank Ltd.
2.96%
Tata Consultancy Services Ltd.
2.86%
Bharti Airtel Ltd.
2.65%
Divi's Laboratories Ltd.
2.51%
TREPS 01-Sep-2020
2.42%
Housing Development Finance Corporation Ltd.
2.32%
Tata Motors Ltd.
2.19%
HDFC Bank Ltd.
2.08%
5.70% The Federal Bank Ltd. (Duration 366 Days)
2.08%
5.60% The Federal Bank Ltd. (Duration 365 Days)
1.97%
Tech Mahindra Ltd.
1.92%
Dr. Reddy's Laboratories Ltd.
1.77%
6.10% State Government of Karnataka 11-Dec-2021
1.73%
4.75% The Federal Bank Ltd. (Duration 181 Days)
1.71%
5.22% Government of India 15-Jun-2025
1.57%
IndusInd Bank Ltd.
1.49%
Hindustan Unilever Ltd.
1.44%
8.39% National Bank for Agriculture and Rural Development 19-Jul-2021
1.41%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
1.29%
Grasim Industries Ltd.
1.26%
Hindustan Petroleum Corporation Ltd.
1.23%
Maruti Suzuki India Ltd.
1.16%
Cipla Ltd.
1.14%
Wipro Ltd.
1.00%
Larsen & Toubro Ltd.
0.91%
CEAT Ltd.
0.90%
Rossari Biotech Ltd.
0.85%
Jindal Steel & Power Ltd.
0.81%
Kotak Mahindra Bank Ltd.
0.76%
8.80% NTPC Ltd. 04-Apr-2023
0.75%
7.68% Government of India 15-Dec-2023
0.72%
Hindalco Industries Ltd.
0.72%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.70%
7.40% Housing Development Finance Corporation Ltd. 17-Nov-2020
0.70%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.67%
Bajaj Finance Ltd.
0.54%
Abbott India Ltd.
0.54%
Ultratech Cement Ltd.
0.51%
Mahindra & Mahindra Ltd.
0.51%
Coromandel International Ltd.
0.50%
Hero MotoCorp Ltd.
0.50%
Orient Electric Ltd.
0.43%
Avenue Supermarts Ltd.
0.43%
Dixon Technologies (India) Ltd.
0.40%
182 DAY T-BILL 12-Nov-2020
0.39%
Balkrishna Industries Ltd.
0.39%
Timken India Ltd.
0.38%
Max Financial Services Ltd.
0.38%
Relaxo Footwears Ltd.
0.37%
Can Fin Homes Ltd.
0.36%
TCI Express Ltd.
0.36%
SBI Life Insurance Company Ltd.
0.34%
Bayer Cropscience Ltd.
0.34%
Atul Ltd.
0.34%
JK Cement Ltd.
0.33%
Astral Poly Technik Ltd.
0.32%
ACC Ltd.
0.30%
Zee Entertainment Enterprises Ltd.
0.29%
DLF Ltd.
0.29%
Whirlpool of India Ltd.
0.26%
Shree Cement Ltd.
0.26%
Aditya Birla Fashion and Retail Ltd.
0.26%
Aarti Industries Ltd.
0.26%
Muthoot Finance Ltd.
0.25%
Alkem Laboratories Ltd.
0.24%
MRF Ltd.
0.24%
Jubilant Foodworks Ltd.
0.24%
ITC Ltd.
0.23%
PI Industries Ltd.
0.21%
Motherson Sumi Systems Ltd.
0.20%
SRF Ltd.
0.19%
Indian Railway Catering & Tourism Corporation Ltd.
0.17%
Bajaj Finserv Ltd.
0.16%
Kajaria Ceramics Ltd.
0.16%
Natco Pharma Ltd.
0.13%
Syngene International Ltd.
0.03%
Aditya Birla Fashion and Retail Ltd. - Partly paid Right

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 269 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