Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 15-01-2021)

25.02

3 YRS CAGR

(as on 15-01-2021)

6.1%

CAGR since inception

(since 01-01-2013)

10.08%

AUM

(as on 2020-12-31)

156.92 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 15-01-2021
* 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 15-01-2021
* 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 15-01-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2020-12-31
As on 2020-12-31
% of NAV
Sector
16.94%
Banks
10.66%
Software
7.50%
Pharmaceuticals
6.04%
Finance
5.37%
Petroleum Products
3.66%
Auto
3.26%
Cement
2.63%
Telecom - Services
2.02%
Consumer Non Durables
1.95%
Consumer Durables
1.29%
Construction Project
1.18%
Industrial Products
0.99%
Chemicals
0.86%
Non - Ferrous Metals
0.83%
Auto Ancillaries
0.63%
Construction
0.56%
Pesticides
0.50%
Fertilisers
0.49%
Retailing
0.41%
Transportation
0.30%
Media & Entertainment
As on 2020-12-31
% to NET Assets
Name
9.36%
Cash & Cash Equivalents
7.54%
TREPS 01-Jan-2021
5.69%
ICICI Bank Ltd.
4.84%
Infosys Ltd.
4.35%
Reliance Industries Ltd.
3.73%
Axis Bank Ltd.
3.37%
6.18% Government of India 04-Nov-2024
3.32%
State Bank of India
3.13%
Housing Development Finance Corporation Ltd.
3.10%
Tata Consultancy Services Ltd.
3.03%
Divi's Laboratories Ltd.
2.63%
Bharti Airtel Ltd.
2.40%
Tech Mahindra Ltd.
2.17%
Dr. Reddy's Laboratories Ltd.
2.04%
HDFC Bank Ltd.
1.93%
5.60% The Federal Bank Ltd. (Duration 365 Days)
1.93%
5.70% The Federal Bank Ltd. (Duration 366 Days)
1.82%
Tata Motors Ltd.
1.64%
Grasim Industries Ltd.
1.56%
Hindustan Unilever Ltd.
1.38%
6.97% Government of India 06-Sep-2026
1.29%
Larsen & Toubro Ltd.
1.29%
5.22% Government of India 15-Jun-2025
1.28%
Maruti Suzuki India Ltd.
1.23%
Cipla Ltd.
1.09%
IndusInd Bank Ltd.
1.07%
Kotak Mahindra Bank Ltd.
1.02%
Hindustan Petroleum Corporation Ltd.
0.94%
Bajaj Finance Ltd.
0.86%
Hindalco Industries Ltd.
0.71%
8.25% State Government of Maharashtra 10-Jun-2025
0.71%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.71%
8.06% State Government of Maharashtra 11-Feb-2025
0.70%
8.80% NTPC Ltd. 04-Apr-2023
0.67%
Ultratech Cement Ltd.
0.66%
Dixon Technologies (India) Ltd.
0.66%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.65%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.64%
5.15% Government of India 09-Nov-2025
0.56%
Mahindra & Mahindra Ltd.
0.52%
Orient Electric Ltd.
0.50%
Coromandel International Ltd.
0.49%
Avenue Supermarts Ltd.
0.49%
Astral Poly Technik Ltd.
0.48%
Abbott India Ltd.
0.46%
Can Fin Homes Ltd.
0.43%
Relaxo Footwears Ltd.
0.43%
Timken India Ltd.
0.41%
TCI Express Ltd.
0.41%
Max Financial Services Ltd.
0.40%
JK Cement Ltd.
0.39%
Rossari Biotech Ltd.
0.39%
DLF Ltd.
0.36%
SBI Life Insurance Company Ltd.
0.35%
91 DAY T-BILL 04-Feb-2021
0.34%
Whirlpool of India Ltd.
0.32%
Atul Ltd.
0.32%
Coforge Ltd.
0.30%
Zee Entertainment Enterprises Ltd.
0.30%
Bayer Cropscience Ltd.
0.29%
Motherson Sumi Systems Ltd.
0.29%
Shree Cement Ltd.
0.28%
Aarti Industries Ltd.
0.28%
Balkrishna Industries Ltd.
0.27%
SBI Cards & Payment Services Ltd.
0.26%
PI Industries Ltd.
0.26%
ACC Ltd.
0.26%
CEAT Ltd.
0.26%
SRF Ltd.
0.25%
Alkem Laboratories Ltd.
0.24%
Kajaria Ceramics Ltd.
0.24%
ITC Ltd.
0.24%
Computer Age Management Services Ltd.
0.23%
Bajaj Finserv Ltd.
0.22%
Dabur India Ltd.
0.18%
Natco Pharma Ltd.
0.16%
Syngene International 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

8 Yrs 17 Days

Performance

Suitable for

1. Long term Capital Growth.
2. Investment in equity & equity related securities including equity derivatives as well as Debt/Money Market securities through a rule based systematic allocation of Funds between Equity & Debt.

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

3.00 p.m. 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 3.00 p.m. and receipt of application (duly time stamped).

fund managers

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