Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Moderately High Risk
NAV (as on 17-12-2018)

21.73

1 YEAR RETURN (as on 17-12-2018)

5.18%

CAGR since inception (since 01-01-2013)

11.18%

AUM (as on 30-Nov-2018)

168.75 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 17-12-2018
* 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 17-12-2018
* 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 17-12-2018
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 30-Nov-2018
15.24%
Banks
11.38%
Pharmaceuticals
8.25%
Consumer Non Durables
8.18%
Finance
7.72%
Auto
4.23%
Cement
3.47%
Software
3.24%
Power
2.57%
Construction Project
1.25%
Petroleum Products
1.10%
Hotels, Resorts And Other Recreational Activities
0.93%
Telecom - Services
0.79%
Minerals/Mining
0.66%
Ferrous Metals
0.51%
Non - Ferrous Metals
15.26%
Cash & Cash Equivalents
8.57%
Aurobindo Pharma Ltd.
5.67%
ICICI Bank Ltd.
5.35%
Maruti Suzuki India Ltd.
3.38%
8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021
3.36%
State Bank of India
3.28%
ITC Ltd.
3.24%
Punjab National Bank
2.94%
7.60% Vedanta Ltd. 31-May-2019
2.86%
Multi Commodity Exchange of India Ltd.
2.67%
Sun Pharmaceutical Industries Ltd.
2.46%
Housing Development Finance Corporation Ltd.
2.34%
8.70% JM Financial Products Ltd. 25-Jul-2019
2.10%
Century Textiles & Industries Ltd.
1.91%
Indiabulls Housing Finance Ltd.
1.77%
HDFC Bank Ltd.
1.77%
8.15% Piramal Enterprises Ltd. 14-Jun-2019
1.39%
Tata Consultancy Services Ltd.
1.35%
Larsen & Toubro Ltd.
1.30%
8.10% Reliance Jio Infocomm Ltd. 29-Apr-2019
1.25%
Reliance Industries Ltd.
1.22%
Ircon International Ltd.
1.20%
Kotak Mahindra Bank Ltd.
1.17%
9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019
1.10%
The Indian Hotels Company Ltd.
1.08%
Infosys Ltd.
1.07%
Ultratech Cement Ltd.
1.07%
Tata Power Company Ltd.
1.06%
Hindustan Unilever Ltd.
1.06%
Marico Ltd.
1.06%
ACC Ltd.
1.02%
Bajaj Auto Ltd.
1.00%
Tech Mahindra Ltd.
1.00%
Britannia Industries Ltd.
0.99%
GlaxoSmithKline Consumer Healthcare Ltd.
0.95%
ICICI Prudential Life Insurance Company Ltd.
0.94%
NTPC Ltd.
0.93%
Bharti Airtel Ltd.
0.92%
Power Grid Corporation of India Ltd.
0.86%
Dabur India Ltd.
0.79%
Coal India Ltd.
0.78%
Mahindra & Mahindra Ltd.
0.66%
Steel Authority of India Ltd.
0.51%
Vedanta Ltd.
0.37%
Escorts Ltd.
0.31%
Reliance Power Ltd.
0.29%
91 DAY T-BILL 24-Jan-2019
0.20%
Tata Motors Ltd. A-DVR
0.14%
Wockhardt Ltd.
0.08%
91 DAY T-BILL 08-Feb-2019

Benchmark

50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index

Horizon

Long term capital growth. 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

Age

5 Yrs 350 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

plans

Regular Plan and Direct Plan

expense ratio

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:
If redeemed/switched on or before 1 year from the date of allotment:
- Nil for redemption/switch out of units upto 24% of the units allotted (the limit)
- 1% on redemption in excess of 24% of the limit stated above
- Redemption of units would be done on First in First out Basis (FIFO)
Nil thereafter

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

Bekxy Kuriakose

Bekxy Kuriakose has over 18 years of experience in dealing, research a...
funds managed

P.V.K Mohan

P.V.K Mohan has spent over 25 years in equity research and fund manage...
funds managed

Scheme Document & Forms

Fact Sheet

KIM

Application Form