Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 25-10-2021)

27.93

3 YRS CAGR

(as on 25-10-2021)

9.43%

CAGR since inception

(since 01-01-2013)

10.53%

AUM

(as on 2021-09-30)

271.16 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-10-2021
* 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 25-10-2021
* 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 25-10-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-09-30
As on 2021-09-30
% of NAV
Sector
15.94%
Banks
8.57%
Software
6.71%
Petroleum Products
4.97%
Pharmaceuticals
3.39%
Finance
2.97%
Auto
2.30%
Non - Ferrous Metals
1.92%
Consumer Non Durables
1.91%
Chemicals
1.85%
Cement & Cement Products
1.85%
Industrial Products
1.68%
Consumer Durables
1.56%
Telecom - Services
1.46%
Auto Ancillaries
1.14%
Insurance
1.06%
Gas
0.98%
Construction Project
0.67%
Construction
0.58%
Transportation
0.58%
Retailing
0.57%
Ferrous Metals
0.47%
Healthcare Services
0.45%
Leisure Services
0.41%
Pesticides
0.38%
Industrial Capital Goods
0.33%
Textile Products
0.30%
Entertainment
As on 2021-09-30
% to NET Assets
Name
13.03%
Cash & Cash Equivalents
5.75%
Reliance Industries Ltd.
5.06%
ICICI Bank Ltd.
4.30%
TREPS 01-Oct-2021
3.10%
Infosys Ltd.
3.04%
HDFC Bank Ltd.
2.76%
Axis Bank Ltd.
2.71%
Divi's Laboratories Ltd.
2.70%
State Bank of India
2.39%
Tech Mahindra Ltd.
2.25%
Tata Motors Ltd.
2.03%
Tata Consultancy Services Ltd.
1.95%
Housing Development Finance Corporation Ltd.
1.88%
8.20% Government of India 15-Feb-2022
1.85%
5.63% Government of India 12-Apr-2026
1.71%
Hindalco Industries Ltd.
1.54%
Bharti Airtel Ltd.
1.21%
IndusInd Bank Ltd.
1.17%
6.97% Government of India 06-Sep-2026
1.17%
Dr. Reddy's Laboratories Ltd.
1.11%
5.27% National Bank for Agriculture and Rural Development 23-Jul-2024
1.09%
Dixon Technologies (India) Ltd.
1.04%
ACC Ltd.
1.02%
Hindustan Unilever Ltd.
0.98%
Larsen & Toubro Ltd.
0.97%
HDB Financial Services Ltd. 29-Oct-2021
0.88%
Bajaj Finance Ltd.
0.81%
Hindustan Petroleum Corporation Ltd.
0.79%
Bajaj Finserv Ltd.
0.78%
7.32% Government of India 28-Jan-2024
0.76%
6.84% Government of India 19-Dec-2022
0.75%
7.65% Grasim Industries Ltd. 15-Apr-2022
0.74%
5.22% Government of India 15-Jun-2025
0.74%
Axis Finance Ltd. 18-Nov-2021
0.73%
5.15% Government of India 09-Nov-2025
0.72%
Maruti Suzuki India Ltd.
0.70%
Mphasis Ltd.
0.59%
National Aluminium Company Ltd.
0.58%
Polycab India Ltd.
0.58%
TCI Express Ltd.
0.58%
Avenue Supermarts Ltd.
0.57%
Tata Steel Ltd.
0.54%
Sona Blw Precision Forgings Ltd.
0.52%
Atul Ltd.
0.52%
Astral Limited
0.51%
SRF Ltd.
0.51%
Mold-Tek Packaging Ltd.
0.47%
Fortis Healthcare Ltd.
0.46%
Gujarat Gas Ltd.
0.45%
Jubilant Foodworks Ltd.
0.44%
Canara Bank
0.43%
Shree Cement Ltd.
0.41%
PI Industries Ltd.
0.41%
DLF Ltd.
0.40%
8.25% State Government of Maharashtra 10-Jun-2025
0.40%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.40%
Gujarat State Petronet Ltd.
0.40%
8.08% State Government of Karnataka 11-Mar-2025
0.40%
8.06% State Government of Maharashtra 11-Feb-2025
0.39%
7.26% Government of India 14-Jan-2029
0.39%
8.80% NTPC Ltd. 04-Apr-2023
0.39%
6.79% Government of India 15-May-2027
0.39%
Indian Bank
0.39%
Varun Beverages Ltd.
0.38%
Ultratech Cement Ltd.
0.38%
7.02% State Government of Maharashtra 27-Sep-2022
0.38%
6.99% Small Industries Development Bank of India 08-Aug-2022
0.38%
BEML Ltd.
0.38%
8.15% Government of India 11-Jun-2022
0.38%
Motherson Sumi Systems Ltd.
0.38%
8.13% Government of India 21-Sep-2022
0.38%
7.87% Larsen & Toubro Ltd. 18-Apr-2022
0.38%
Laurus Labs Ltd.
0.37%
L&T Finance Holdings Ltd.
0.37%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.37%
Tata Consumer Products Ltd.
0.37%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.37%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.36%
Natco Pharma Ltd.
0.35%
Relaxo Footwears Ltd.
0.35%
IPCA Laboratories Ltd.
0.35%
HCL Technologies Ltd.
0.35%
Max Financial Services Ltd.
0.34%
Bank of Baroda
0.33%
Page Industries Ltd.
0.32%
Fine Organic Industries Ltd.
0.31%
Rossari Biotech Ltd.
0.24%
Kajaria Ceramics Ltd.
0.24%
SKF India Ltd.
0.24%
Zee Entertainment Enterprises Ltd.
0.23%
Godrej Properties Ltd.
0.22%
91 DAY T-BILL 14-Oct-2021
0.22%
Navin Fluorine International Ltd.
0.20%
Indraprastha Gas Ltd.
0.20%
Minda Industries Ltd.
0.19%
8.35% Government of India 14-May-2022
0.19%
Balkrishna Industries Ltd.
0.19%
SBI Cards & Payment Services Ltd.
0.15%
CEAT Ltd.
0.15%
Bharat Petroleum Corporation Ltd.
0.14%
ITC Ltd.
0.06%
Sun TV Network Ltd.
0.03%
Clean Science & Technology Ltd.
0.03%
G R Infra projects Ltd.
0.02%
Bharti Airtel Ltd. - Awaiting Listing on Stock Exchanges & Rights Entitlement

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 298 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.

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.

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

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

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