Principal Equity Savings Fund

Principal Equity Savings Fund

NAV

(as on 04-08-2021)

51.61

3 YRS CAGR

(as on 04-08-2021)

11.93%

CAGR since inception

(since 01-01-2013)

9.21%

AUM

(as on 2021-06-30)

69.54 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 : 30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index

* 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 : 30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index

* 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 : 30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index
As on 2021-06-30
As on 2021-06-30
% of NAV
Sector
16.80%
Banks
9.93%
Auto
6.51%
Software
6.39%
Consumer Non Durables
5.84%
Industrial Products
5.81%
Finance
3.00%
Pharmaceuticals
2.92%
Petroleum Products
2.34%
Auto Ancillaries
1.80%
Entertainment
1.70%
Telecom - Services
1.51%
Industrial Capital Goods
0.92%
Capital Markets
0.90%
Insurance
0.86%
Ferrous Metals
0.84%
Construction
0.23%
Non - Ferrous Metals
As on 2021-06-30
% to NET Assets
Name
8.94%
TREPS 01-Jul-2021
7.91%
Maruti Suzuki India Ltd.
7.19%
Cash & Cash Equivalents
5.03%
ICICI Bank Ltd.
4.82%
Polycab India Ltd.
4.51%
Housing Development Finance Corporation Ltd.
4.26%
5.15% Government of India 09-Nov-2025
2.95%
HDFC Bank Ltd.
2.62%
Infosys Ltd.
2.60%
ITC Ltd.
2.39%
State Bank of India
2.17%
5.25% Punjab National Bank (Duration 365 Days)
2.14%
5.22% Government of India 15-Jun-2025
2.02%
Ashok Leyland Ltd.
1.95%
United Spirits Ltd.
1.80%
Zee Entertainment Enterprises Ltd.
1.75%
Reliance Industries Ltd.
1.70%
Bharti Airtel Ltd.
1.53%
Axis Bank Ltd.
1.51%
ABB India Ltd.
1.47%
7.06% Housing Development Finance Corporation Ltd. 13-Dec-2021
1.46%
Indoco Remedies Ltd.
1.45%
7.57% Ultratech Cement Ltd. 06-Aug-2021
1.30%
Housing Development Finance Corporation Ltd.-Warrants
1.27%
Bank of Baroda
1.20%
Tata Consultancy Services Ltd.
1.12%
eClerx Services Ltd.
1.08%
Indian Bank
1.06%
IndusInd Bank Ltd.
1.03%
IPCA Laboratories Ltd.
1.02%
Schaeffler India Ltd.
0.99%
Kotak Mahindra Bank Ltd.
0.94%
Bharat Petroleum Corporation Ltd.
0.92%
Multi Commodity Exchange of India Ltd.
0.90%
Max Financial Services Ltd.
0.86%
Tata Steel Ltd.
0.86%
Sona Blw Precision Forgings Ltd.
0.84%
Brigade Enterprises Ltd.
0.84%
HCL Technologies Ltd.
0.80%
Subros Ltd.
0.78%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.77%
8.80% NTPC Ltd. 04-Apr-2023
0.76%
7.27% Government of India 08-Apr-2026
0.75%
7.24% REC Ltd. 31-Dec-2022
0.74%
6.40% National Bank for Agriculture and Rural Development 31-Jul-2023
0.73%
Coforge Ltd.
0.66%
Hindustan Unilever Ltd.
0.61%
Godrej Consumer Products Ltd.
0.59%
CEAT Ltd.
0.57%
Britannia Industries Ltd.
0.51%
Divi's Laboratories Ltd.
0.50%
Canara Bank
0.27%
91 DAY T-BILL 22-Jul-2021
0.23%
Hindustan Petroleum Corporation Ltd.
0.23%
Hindalco Industries Ltd.
0.09%
Exide Industries Ltd.
0.01%
5.50% Britannia Industries Ltd. 03-Jun-2024

Benchmark

30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index

Additional Benchmark

CRISIL 10 Year Gilt Index

Horizon

1-3 Years

Age

8 Yrs 216 Days

Performance

Suitable for

1. Income generation and capital appreciation over the medium to long term.
2. Investment in equity and equity related instruments, debt and money market instruments and arbitrage opportunities.

Investment Objective

To provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.

WHY INVEST IN Principal Equity Savings Fund?

• Equity based, low volatility product for risk averse investors.
• Offers capital appreciation opportunities to conservative investors.
• Ideal for first time MF investors.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plans offer growth and half yearly and quarterly dividend option.

OTHER DETAILS

Exit Load:

Nil

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

Sudhir Kedia

Sudhir Kedia

Mr. Sudhir Kedia has over 13 years of experience in research and asset...
funds managed
Gurvinder Singh Wasan Principal Corporate Bond Fund Manager

Gurvinder Singh Wasan

Gurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He h...
funds managed