Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 04-08-2021)

27.10

3 YRS CAGR

(as on 04-08-2021)

7.93%

CAGR since inception

(since 01-01-2013)

10.43%

AUM

(as on 2021-06-30)

215.7 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 04-08-2021
* 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 04-08-2021
* 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 04-08-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-06-30
As on 2021-06-30
% of NAV
Sector
16.42%
Banks
8.67%
Software
5.46%
Petroleum Products
5.11%
Pharmaceuticals
3.81%
Auto
3.77%
Finance
2.26%
Non - Ferrous Metals
2.13%
Cement & Cement Products
1.76%
Consumer Non Durables
1.74%
Industrial Products
1.74%
Chemicals
1.68%
Consumer Durables
1.48%
Telecom - Services
1.33%
Auto Ancillaries
1.22%
Gas
1.15%
Insurance
1.09%
Construction Project
0.65%
Ferrous Metals
0.57%
Retailing
0.55%
Transportation
0.47%
Pesticides
0.44%
Healthcare Services
0.43%
Leisure Services
0.38%
Textile Products
0.36%
Industrial Capital Goods
0.35%
Construction
0.32%
Entertainment
As on 2021-06-30
% to NET Assets
Name
11.61%
Cash & Cash Equivalents
8.34%
TREPS 01-Jul-2021
5.74%
ICICI Bank Ltd.
4.25%
Reliance Industries Ltd.
3.69%
Infosys Ltd.
3.40%
Axis Bank Ltd.
3.15%
State Bank of India
2.88%
Tata Motors Ltd.
2.52%
Divi's Laboratories Ltd.
2.27%
Tata Consultancy Services Ltd.
2.21%
Housing Development Finance Corporation Ltd.
1.96%
Tech Mahindra Ltd.
1.65%
Dr. Reddy's Laboratories Ltd.
1.64%
Hindalco Industries Ltd.
1.64%
HDFC Bank Ltd.
1.48%
Bharti Airtel Ltd.
1.46%
6.97% Government of India 06-Sep-2026
1.31%
IndusInd Bank Ltd.
1.21%
HDB Financial Services Ltd. 29-Oct-2021
1.18%
ACC Ltd.
1.17%
Hindustan Unilever Ltd.
1.09%
Larsen & Toubro Ltd.
1.00%
Hindustan Petroleum Corporation Ltd.
0.99%
7.32% Government of India 28-Jan-2024
0.98%
Dixon Technologies (India) Ltd.
0.97%
6.84% Government of India 19-Dec-2022
0.96%
7.65% Grasim Industries Ltd. 15-Apr-2022
0.93%
5.63% Government of India 12-Apr-2026
0.93%
Maruti Suzuki India Ltd.
0.92%
5.22% Government of India 15-Jun-2025
0.92%
5.15% Government of India 09-Nov-2025
0.87%
Bajaj Finance Ltd.
0.68%
Bajaj Finserv Ltd.
0.65%
Tata Steel Ltd.
0.63%
Atul Ltd.
0.62%
National Aluminium Company Ltd.
0.61%
Astral Limited
0.60%
Polycab India Ltd.
0.57%
Avenue Supermarts Ltd.
0.55%
TCI Express Ltd.
0.54%
Laurus Labs Ltd.
0.54%
Gujarat State Petronet Ltd.
0.53%
Mold-Tek Packaging Ltd.
0.51%
8.25% State Government of Maharashtra 10-Jun-2025
0.51%
Motherson Sumi Systems Ltd.
0.51%
Shree Cement Ltd.
0.50%
8.80% NTPC Ltd. 04-Apr-2023
0.50%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.50%
8.08% State Government of Karnataka 11-Mar-2025
0.50%
8.06% State Government of Maharashtra 11-Feb-2025
0.49%
7.26% Government of India 14-Jan-2029
0.48%
6.79% Government of India 15-May-2027
0.48%
7.87% Larsen & Toubro Ltd. 18-Apr-2022
0.47%
PI Industries Ltd.
0.47%
8.36% Bajaj Finance Ltd. 10-Aug-2021
0.47%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.47%
Max Financial Services Ltd.
0.47%
L&T Finance Holdings Ltd.
0.47%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.46%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.45%
Bank of Baroda
0.45%
Relaxo Footwears Ltd.
0.44%
Tata Consumer Products Ltd.
0.44%
Fortis Healthcare Ltd.
0.44%
Ultratech Cement Ltd.
0.43%
Jubilant Foodworks Ltd.
0.42%
SRF Ltd.
0.42%
Sona Blw Precision Forgings Ltd.
0.42%
Gujarat Gas Ltd.
0.41%
Mphasis Ltd.
0.38%
Page Industries Ltd.
0.37%
Fine Organic Industries Ltd.
0.36%
BEML Ltd.
0.35%
Kotak Mahindra Bank Ltd.
0.35%
DLF Ltd.
0.34%
HCL Technologies Ltd.
0.32%
Rossari Biotech Ltd.
0.28%
91 DAY T-BILL 22-Jul-2021
0.26%
Indraprastha Gas Ltd.
0.25%
Canara Bank
0.25%
Kajaria Ceramics Ltd.
0.24%
IPCA Laboratories Ltd.
0.24%
7.16% Government of India 20-May-2023
0.22%
SBI Cards & Payment Services Ltd.
0.21%
Bharat Petroleum Corporation Ltd.
0.21%
Balkrishna Industries Ltd.
0.21%
Zee Entertainment Enterprises Ltd.
0.19%
CEAT Ltd.
0.16%
Natco Pharma Ltd.
0.15%
ITC Ltd.
0.13%
Indian Bank
0.11%
Sun TV Network 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 216 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

  • 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