Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 12-04-2021)

25.27

3 YRS CAGR

(as on 12-04-2021)

6.5%

CAGR since inception

(since 01-01-2013)

9.92%

AUM

(as on 2021-03-31)

195.22 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* 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 12-04-2021
* 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 12-04-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-03-31
As on 2021-03-31
% of NAV
Sector
18.51%
Banks
9.23%
Software
5.85%
Pharmaceuticals
5.40%
Finance
5.02%
Petroleum Products
4.37%
Auto
3.57%
Cement
2.53%
Telecom - Services
2.09%
Consumer Durables
1.61%
Consumer Non Durables
1.27%
Construction Project
1.07%
Industrial Products
1.07%
Non - Ferrous Metals
0.91%
Chemicals
0.86%
Auto Ancillaries
0.74%
Construction
0.48%
Pesticides
0.47%
Retailing
0.42%
Fertilisers
0.36%
Transportation
0.24%
Media & Entertainment
As on 2021-03-31
% to NET Assets
Name
15.18%
Cash & Cash Equivalents
6.65%
ICICI Bank Ltd.
5.18%
TREPS 01-Mar-2021
4.25%
Infosys Ltd.
4.14%
State Bank of India
4.02%
Reliance Industries Ltd.
3.83%
Axis Bank Ltd.
2.81%
Tata Motors Ltd.
2.73%
Housing Development Finance Corporation Ltd.
2.72%
Tata Consultancy Services Ltd.
2.53%
Bharti Airtel Ltd.
2.33%
Divi's Laboratories Ltd.
1.99%
Tech Mahindra Ltd.
1.91%
HDFC Bank Ltd.
1.87%
Grasim Industries Ltd.
1.69%
5.70% The Federal Bank Ltd. (Duration 366 Days)
1.69%
5.60% The Federal Bank Ltd. (Duration 365 Days)
1.63%
Dr. Reddy's Laboratories Ltd.
1.27%
Larsen & Toubro Ltd.
1.22%
Hindustan Unilever Ltd.
1.20%
7.32% Government of India 28-Jan-2024
1.18%
6.97% Government of India 06-Sep-2026
1.14%
IndusInd Bank Ltd.
1.11%
5.22% Government of India 15-Jun-2025
1.10%
5.15% Government of India 09-Nov-2025
1.07%
Hindalco Industries Ltd.
1.04%
Cipla Ltd.
1.01%
Maruti Suzuki India Ltd.
1.00%
Hindustan Petroleum Corporation Ltd.
0.86%
Dixon Technologies (India) Ltd.
0.84%
Kotak Mahindra Bank Ltd.
0.82%
Bajaj Finance Ltd.
0.68%
Ultratech Cement Ltd.
0.61%
8.80% NTPC Ltd. 04-Apr-2023
0.61%
8.25% State Government of Maharashtra 10-Jun-2025
0.61%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.61%
8.06% State Government of Maharashtra 11-Feb-2025
0.58%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.57%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.57%
8.36% Bajaj Finance Ltd. 10-Aug-2021
0.56%
Orient Electric Ltd.
0.55%
Mahindra & Mahindra Ltd.
0.55%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.55%
5.85% Government of India 01-Dec-2030
0.50%
JK Cement Ltd.
0.49%
Astral Poly Technik Ltd.
0.47%
Avenue Supermarts Ltd.
0.46%
Max Financial Services Ltd.
0.45%
DLF Ltd.
0.42%
Coromandel International Ltd.
0.40%
Relaxo Footwears Ltd.
0.39%
Abbott India Ltd.
0.38%
Can Fin Homes Ltd.
0.37%
Rossari Biotech Ltd.
0.36%
Timken India Ltd.
0.36%
TCI Express Ltd.
0.34%
CEAT Ltd.
0.34%
91 DAY T-BILL 29-Apr-2021
0.34%
Motherson Sumi Systems Ltd.
0.30%
SBI Cards & Payment Services Ltd.
0.30%
SBI Life Insurance Company Ltd.
0.29%
Atul Ltd.
0.29%
Kajaria Ceramics Ltd.
0.28%
Shree Cement Ltd.
0.27%
Whirlpool of India Ltd.
0.27%
Coforge Ltd.
0.25%
Aarti Industries Ltd.
0.25%
Bayer Cropscience Ltd.
0.24%
Zee Entertainment Enterprises Ltd.
0.24%
ACC Ltd.
0.23%
PI Industries Ltd.
0.22%
Bajaj Finserv Ltd.
0.22%
SRF Ltd.
0.21%
ITC Ltd.
0.20%
Alkem Laboratories Ltd.
0.19%
Computer Age Management Services Ltd.
0.18%
Balkrishna Industries Ltd.
0.18%
Dabur India Ltd.
0.14%
Natco Pharma Ltd.
0.12%
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 102 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