Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 24-01-2020)

22.57

3 YRS CAGR

(as on 24-01-2020)

6.87%

CAGR since inception

(since 01-01-2013)

9.94%

AUM

(as on 31-Dec-2019)

183.29 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-01-2020
* 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 24-01-2020
* 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 24-01-2020
* 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-Dec-2019
As on 31-Dec-2019
% of NAV
Sector
12.54%
Finance
11.24%
Consumer Non Durables
9.71%
Banks
9.34%
Petroleum Products
8.15%
Pharmaceuticals
6.08%
Power
2.77%
Software
1.81%
Cement
1.10%
Telecom - Services
1.04%
Construction Project
0.97%
Non - Ferrous Metals
0.91%
Auto Ancillaries
0.65%
Minerals/Mining
0.50%
Chemicals
0.19%
Auto
As on 31-Dec-2019
% to NET Assets
Name
10.98%
Cash & Cash Equivalents
9.73%
Housing Development Finance Corporation Ltd.
9.34%
Reliance Industries Ltd.
7.66%
ITC Ltd.
5.19%
Adani Power Ltd.
3.49%
Aurobindo Pharma Ltd.
3.37%
Sun Pharmaceutical Industries Ltd.
3.25%
HDFC Bank Ltd.
2.78%
7.85% National Bank for Agriculture and Rural Development 23-May-2022
2.77%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
2.69%
ICICI Bank Ltd. 23-Mar-2020
2.22%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
2.08%
Hindustan Unilever Ltd.
1.81%
Axis Bank Ltd.
1.80%
TREPS 01-Jan-2020
1.55%
ICICI Bank Ltd.
1.37%
7.74% Bajaj Finance Ltd. 30-Jun-2020
1.36%
6.25% The Federal Bank Ltd. (Duration 181 Days)
1.29%
Dr. Reddy's Laboratories Ltd.
1.23%
State Bank of India
1.16%
Ultratech Cement Ltd.
1.11%
8.93% Power Grid Corporation of India Ltd. 20-Oct-2020
1.10%
Bharti Airtel Ltd.
1.09%
SBI Life Insurance Company Ltd.
1.08%
5.95% Canara Bank (Duration 182 Days)
1.08%
Indian Bank 11-Mar-2020
1.03%
Kotak Mahindra Bank Ltd.
1.03%
Tech Mahindra Ltd.
0.96%
Mahindra & Mahindra Financial Services Ltd.
0.93%
Larsen & Toubro Ltd.
0.93%
Infosys Ltd.
0.91%
Exide Industries Ltd.
0.85%
Vedanta Ltd.
0.84%
Punjab National Bank
0.81%
Tata Consultancy Services Ltd.
0.76%
ICICI Prudential Life Insurance Company Ltd.
0.75%
Britannia Industries Ltd.
0.75%
Dabur India Ltd.
0.66%
8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021 $
0.65%
ACC Ltd.
0.65%
Coal India Ltd.
0.64%
NTPC Ltd.
0.57%
7.72% Government of India 25-May-2025
0.56%
7.32% Government of India 28-Jan-2024
0.55%
8.00% National Housing Bank 22-Feb-2022
0.54%
5.95% Canara Bank (Duration 181 Days)
0.52%
Axis Bank Ltd. 30-Oct-2020
0.50%
Tata Chemicals Ltd.
0.36%
364 DAY T-BILL 09-Jan-2020
0.25%
Tata Power Company Ltd.
0.19%
Tata Motors DVR Ltd.
0.12%
Hindalco Industries Ltd.
0.11%
NCC 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 25 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

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 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