Principal Retirement Savings Fund Progressive Plan

Principal Retirement Savings Fund Progressive Plan

NAV

(as on 25-09-2020)

13.3470

3 YRS CAGR

(as on 25-09-2020)

-0.03%

CAGR since inception

(since 14-12-2015)

6.21%

AUM

(as on 2020-08-31)

2.26 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 : Nifty 200 Full Marketcap 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 25-09-2020
* Benchmark : Nifty 200 Full Marketcap 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 25-09-2020
* Benchmark : Nifty 200 Full Marketcap Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2020-08-31
As on 2020-08-31
% of NAV
Sector
16.00%
Banks
10.34%
Finance
9.65%
Petroleum Products
8.93%
Software
6.65%
Pharmaceuticals
4.89%
Consumer Durables
4.48%
Consumer Non Durables
3.59%
Auto Ancillaries
3.09%
Chemicals
3.06%
Auto
2.97%
Cement
2.78%
Telecom - Services
2.78%
Industrial Products
2.17%
Retailing
2.06%
Pesticides
1.80%
Construction Project
1.42%
Fertilisers
1.32%
Transportation
1.16%
Ferrous Metals
0.52%
Services
0.47%
Construction
As on 2020-08-31
% to NET Assets
Name
9.17%
TREPS 01-Sep-2020
8.76%
Reliance Industries Ltd.
6.99%
HDFC Bank Ltd.
5.09%
Infosys Ltd.
3.84%
Tata Consultancy Services Ltd.
3.79%
ICICI Bank Ltd.
3.01%
Housing Development Finance Corporation Ltd.
2.78%
Bharti Airtel Ltd.
2.77%
Divi's Laboratories Ltd.
2.64%
Hindustan Unilever Ltd.
2.62%
Kotak Mahindra Bank Ltd.
2.13%
Bajaj Finance Ltd.
2.09%
Maruti Suzuki India Ltd.
1.80%
Larsen & Toubro Ltd.
1.67%
Abbott India Ltd.
1.65%
Dixon Technologies (India) Ltd.
1.42%
Coromandel International Ltd.
1.38%
Avenue Supermarts Ltd.
1.36%
Axis Bank Ltd.
1.35%
Max Financial Services Ltd.
1.32%
TCI Express Ltd.
1.31%
SBI Life Insurance Company Ltd.
1.24%
State Bank of India
1.24%
Rossari Biotech Ltd.
1.19%
Orient Electric Ltd.
1.19%
Balkrishna Industries Ltd.
1.16%
Jindal Steel & Power Ltd.
1.15%
Relaxo Footwears Ltd.
1.13%
Timken India Ltd.
1.13%
Ultratech Cement Ltd.
1.12%
Can Fin Homes Ltd.
1.11%
Bayer Cropscience Ltd.
1.11%
ITC Ltd.
1.05%
Atul Ltd.
1.03%
JK Cement Ltd.
0.99%
Syngene International Ltd.
0.98%
Astral Poly Technik Ltd.
0.97%
Mahindra & Mahindra Ltd.
0.95%
PI Industries Ltd.
0.90%
Whirlpool of India Ltd.
0.89%
Hindustan Petroleum Corporation Ltd.
0.86%
CEAT Ltd.
0.81%
Shree Cement Ltd.
0.80%
Aarti Industries Ltd.
0.79%
Muthoot Finance Ltd.
0.77%
MRF Ltd.
0.77%
Motherson Sumi Systems Ltd.
0.75%
Alkem Laboratories Ltd.
0.73%
Aditya Birla Fashion and Retail Ltd.
0.73%
Jubilant Foodworks Ltd.
0.67%
SRF Ltd.
0.63%
Bajaj Finserv Ltd.
0.52%
Indian Railway Catering & Tourism Corporation Ltd.
0.47%
Natco Pharma Ltd.
0.47%
Kajaria Ceramics Ltd.
0.44%
182 DAY T-BILL 12-Nov-2020
0.26%
Cash & Cash Equivalents
0.06%
Aditya Birla Fashion and Retail Ltd. - Partly paid Right

Benchmark

Nifty 200 Full Marketcap Index

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long term

Age

4 Yrs 288 Days

Performance

Suitable for

1. Long term capital growth.
2. Investment in equity and equity related securities including equity derivatives of companies across market capitalization.

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