Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 14-06-2019)

21.89

3 YRS CAGR

(as on 14-06-2019)

7.81%

CAGR since inception

(since 01-01-2013)

10.4%

AUM

(as on 31-May-2019)

223 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 14-06-2019
* 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 14-06-2019
* 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.

Loading

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 14-06-2019
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-May-2019
As on 31-May-2019
% of NAV
Sector
13.59%
Banks
8.14%
Pharmaceuticals
7.67%
Finance
5.80%
Petroleum Products
5.38%
Consumer Non Durables
5.30%
Power
5.17%
Auto
4.82%
Cement
4.01%
Software
0.92%
Construction Project
0.86%
Telecom - Services
0.85%
Fertilisers
0.82%
Chemicals
0.75%
Minerals/Mining
0.73%
Non - Ferrous Metals
0.63%
Hotels, Resorts And Other Recreational Activities
0.54%
Ferrous Metals
As on 31-May-2019
% to NET Assets
Name
16.48%
Cash & Cash Equivalents
5.80%
Reliance Industries Ltd.
4.95%
Aurobindo Pharma Ltd.
4.79%
Maruti Suzuki India Ltd.
3.80%
ICICI Bank Ltd.
3.60%
State Bank of India
3.48%
Adani Power Ltd.
3.21%
Multi Commodity Exchange of India Ltd.
3.11%
Sun Pharmaceutical Industries Ltd.
2.84%
Punjab National Bank
2.69%
8.70% JM Financial Products Ltd. 25-Jul-2019
2.56%
Tata Consultancy Services Ltd.
2.38%
ITC Ltd.
2.26%
7.85% National Bank for Agriculture and Rural Development 23-May-2022
2.24%
8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021$ ^^
2.24%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
2.17%
Axis Bank Ltd. 15-Nov-2019
2.01%
Housing Development Finance Corporation Ltd.
1.92%
ACC Ltd.
1.85%
HDFC Bank Ltd.
1.81%
8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020
1.77%
Century Textiles & Industries Ltd.
1.35%
8.15% Piramal Enterprises Ltd. 14-Jun-2019
1.25%
Indiabulls Housing Finance Ltd.
1.14%
7.16% Government of India 20-May-2023
1.13%
Ultratech Cement Ltd.
1.04%
Hindustan Unilever Ltd.
0.92%
Larsen & Toubro Ltd.
0.87%
9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019$
0.86%
Bharti Airtel Ltd.
0.85%
Chambal Fertilisers and Chemicals Ltd.
0.85%
Marico Ltd.
0.82%
Tata Chemicals Ltd.
0.77%
Infosys Ltd.
0.77%
Kotak Mahindra Bank Ltd.
0.75%
Coal India Ltd.
0.73%
Axis Bank Ltd.
0.73%
Vedanta Ltd.
0.69%
NTPC Ltd.
0.68%
Tech Mahindra Ltd.
0.63%
Power Grid Corporation of India Ltd.
0.63%
The Indian Hotels Company Ltd.
0.62%
SBI Life Insurance Company Ltd.
0.60%
Britannia Industries Ltd.
0.58%
ICICI Prudential Life Insurance Company Ltd.
0.54%
Steel Authority of India Ltd.
0.51%
Dabur India Ltd.
0.45%
7.17% Government of India 08-Jan-2028
0.44%
Tata Power Company Ltd.
0.32%
364 DAY T-BILL 25-Jul-2019
0.24%
Escorts Ltd.
0.14%
Tata Motors Ltd-A-DVR
0.08%
Wockhardt Ltd.
0.06%
Reliance Power Ltd.

Benchmark

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

Horizon

3 years and above

Age

6 Yrs 165 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

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:

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

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

P V K Mohan Principal Hybrid Equity Fund Manager

P.V.K Mohan

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

Scheme Document & Forms

Downloads

Factsheet

Downloads

KIM

Downloads

Application Form