Principal Retirement Savings Fund Conservative Plan

Principal Retirement Savings Fund Conservative Plan

NAV

(as on 25-09-2020)

12.7691

3 YRS CAGR

(as on 25-09-2020)

2.26%

CAGR since inception

(since 14-12-2015)

5.24%

AUM

(as on 2020-08-31)

1.22 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-09-2020
* 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 25-09-2020
* 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 25-09-2020
* Benchmark : 30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index
* Additional Benchmark : CRISIL 10 Year Gilt Index
As on 2020-08-31
As on 2020-08-31
% of NAV
Sector
16.69%
Pharmaceuticals
13.61%
Banks
11.51%
Consumer Non Durables
6.28%
Ferrous Metals
4.06%
Minerals/Mining
3.07%
Finance
2.56%
Software
2.49%
Petroleum Products
1.49%
Consumer Durables
0.91%
Chemicals
0.91%
Auto
0.84%
Cement
0.83%
Industrial Products
0.81%
Auto Ancillaries
0.76%
Telecom - Services
0.60%
Retailing
0.59%
Pesticides
0.55%
Construction Project
0.39%
Fertilisers
0.36%
Transportation
0.15%
Services
0.14%
Construction
As on 2020-08-31
% to NET Assets
Name
20.03%
Cash & Cash Equivalents
9.56%
TREPS 01-Sep-2020
8.72%
Dr. Reddy's Laboratories Ltd.
5.99%
Hindustan Unilever Ltd.
5.96%
Sun Pharmaceutical Industries Ltd.
5.96%
JSW Steel Ltd.
5.47%
ICICI Bank Ltd.
5.30%
ITC Ltd.
5.22%
Axis Bank Ltd.
4.06%
Coal India Ltd.
2.25%
Reliance Industries Ltd.
1.86%
HDFC Bank Ltd.
1.40%
Infosys Ltd.
1.16%
Tata Consultancy Services Ltd.
0.91%
Housing Development Finance Corporation Ltd.
0.84%
Divi's Laboratories Ltd.
0.81%
182 DAY T-BILL 12-Nov-2020
0.76%
Bharti Airtel Ltd.
0.72%
Kotak Mahindra Bank Ltd.
0.63%
Bajaj Finance Ltd.
0.62%
Maruti Suzuki India Ltd.
0.55%
Larsen & Toubro Ltd.
0.54%
Abbott India Ltd.
0.53%
Dixon Technologies (India) Ltd.
0.40%
Max Financial Services Ltd.
0.39%
Coromandel International Ltd.
0.39%
SBI Life Insurance Company Ltd.
0.37%
Avenue Supermarts Ltd.
0.36%
Balkrishna Industries Ltd.
0.36%
TCI Express Ltd.
0.35%
Relaxo Footwears Ltd.
0.35%
Ultratech Cement Ltd.
0.34%
Timken India Ltd.
0.34%
State Bank of India
0.34%
Rossari Biotech Ltd.
0.33%
Bayer Cropscience Ltd.
0.33%
Orient Electric Ltd.
0.33%
Atul Ltd.
0.32%
Jindal Steel & Power Ltd.
0.32%
JK Cement Ltd.
0.31%
Can Fin Homes Ltd.
0.29%
Astral Poly Technik Ltd.
0.29%
Mahindra & Mahindra Ltd.
0.28%
Whirlpool of India Ltd.
0.27%
Syngene International Ltd.
0.26%
PI Industries Ltd.
0.24%
Hindustan Petroleum Corporation Ltd.
0.24%
CEAT Ltd.
0.24%
Aarti Industries Ltd.
0.23%
Muthoot Finance Ltd.
0.22%
Alkem Laboratories Ltd.
0.22%
Jubilant Foodworks Ltd.
0.21%
Motherson Sumi Systems Ltd.
0.21%
Aditya Birla Fashion and Retail Ltd.
0.20%
Bajaj Finserv Ltd.
0.20%
SRF Ltd.
0.17%
Shree Cement Ltd.
0.15%
Indian Railway Catering & Tourism Corporation Ltd.
0.14%
Natco Pharma Ltd.
0.14%
Kajaria Ceramics Ltd.
0.02%
Aditya Birla Fashion and Retail Ltd. - Partly paid Right

Benchmark

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

Additional Benchmark

CRISIL 10 Year Gilt Index

Horizon

Long term

Age

4 Yrs 288 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

The investment objective of the scheme is to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Sub-Plans offer growth option.

OTHER DETAILS

Exit Load:

i. Nil in case of RWP/Redemption/Switch out from Principal Retirement Savings Fund after completion of 5 years lock-in period, or after attainment of retirement age of 60 years whichever is earlier.
ii. Nil in case of Auto Transfer facility and Switch option across the three plans namely Progressive Plan, Moderate Plan and Conservative Plan during lock-in period.
(Note: Age will be computed with reference to years completed on the date of transaction.)

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 2000*
STP - Rs 1000*
RWP - Rs 500*
(STP and RWP - Available after the completion of lock-in period)
*6 installments each

Cut Off Time

1.00 p.m (Applicable from 7th April till further notice). 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 1.00 p.m. and receipt of application (duly time stamped).
Note: Auto transfer facility and switch option is available across the three plans namely Progressive Plan, Moderate Plan and Conservative Plan during the lock-in period.

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