Principal Retirement Savings Fund Progressive Plan

Principal Retirement Savings Fund Progressive Plan

NAV

(as on 19-08-2019)

13.4229

3 YRS CAGR

(as on 19-08-2019)

5.96%

CAGR since inception

(since 14-12-2015)

8.33%

AUM

(as on 31-Jul-2019)

2.19 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 19-08-2019
* 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 19-08-2019
* 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.

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Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 19-08-2019
* Benchmark : Nifty 200 Full Marketcap Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-Jul-2019
As on 31-Jul-2019
% of NAV
Sector
19.83%
Banks
8.28%
Consumer Non Durables
6.58%
Software
4.29%
Finance
3.91%
Cement
3.30%
Petroleum Products
2.85%
Pharmaceuticals
2.78%
Power
2.39%
Construction Project
1.78%
Ferrous Metals
1.65%
Hotels, Resorts And Other Recreational Activities
1.46%
Fertilisers
1.24%
Telecom - Services
1.22%
Auto
1.00%
Auto Ancillaries
0.99%
Chemicals
0.92%
Consumer Durables
0.82%
Industrial Products
0.68%
Minerals/Mining
0.34%
Non - Ferrous Metals
0.26%
Construction
0.14%
Diversified Consumer Services
As on 31-Jul-2019
% to NET Assets
Name
32.84%
Cash & Cash Equivalents
4.64%
ICICI Bank Ltd.
4.47%
HDFC Bank Ltd.
3.30%
Reliance Industries Ltd.
2.73%
State Bank of India
2.57%
Tata Consultancy Services Ltd.
2.38%
Kotak Mahindra Bank Ltd.
2.37%
ITC Ltd.
2.24%
Infosys Ltd.
2.10%
Larsen & Toubro Ltd.
1.81%
Marico Ltd.
1.70%
SBI Life Insurance Company Ltd.
1.69%
Tata Power Company Ltd.
1.65%
The Indian Hotels Company Ltd.
1.55%
Housing Development Finance Corporation Ltd.
1.46%
Chambal Fertilisers and Chemicals Ltd.
1.37%
Dabur India Ltd.
1.32%
GlaxoSmithKline Consumer Healthcare Ltd.
1.31%
Axis Bank Ltd.
1.26%
The India Cements Ltd.
1.24%
Bharti Airtel Ltd.
1.09%
Ultratech Cement Ltd.
1.09%
NTPC Ltd.
1.07%
IndusInd Bank Ltd.
1.04%
ICICI Prudential Life Insurance Company Ltd.
1.02%
Sun Pharmaceutical Industries Ltd.
1.00%
Bank of Baroda
0.99%
Phillips Carbon Black Ltd.
0.92%
Bajaj Electricals Ltd.
0.91%
Britannia Industries Ltd.
0.89%
HCL Technologies Ltd.
0.88%
Tech Mahindra Ltd.
0.88%
City Union Bank Ltd.
0.82%
Ramkrishna Forgings Ltd.
0.72%
Dishman Carbogen Amcis Ltd.
0.69%
Asahi India Glass Ltd.
0.69%
Abbott India Ltd.
0.68%
Coal India Ltd.
0.67%
ACC Ltd.
0.61%
Hero MotoCorp Ltd.
0.61%
Bajaj Auto Ltd.
0.61%
Kirloskar Ferrous Industries Ltd.
0.60%
Tata Steel Ltd.
0.57%
Steel Authority of India Ltd.
0.55%
Karur Vysya Bank Ltd.
0.50%
Bombay Burmah Trading Corporation Ltd.
0.49%
The Federal Bank Ltd.
0.49%
Birla Corporation Ltd.
0.45%
91 DAY T-BILL 17-Oct-2019
0.42%
Aurobindo Pharma Ltd.
0.40%
JK Cement Ltd.
0.34%
Hindustan Zinc Ltd.
0.31%
Yes Bank Ltd.
0.31%
Rico Auto Industries Ltd.
0.29%
Hindustan Construction Company Ltd.
0.26%
Gayatri Projects Ltd.
0.14%
CL Educate Ltd.

Benchmark

Nifty 200 Full Marketcap Index

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long term

Age

3 Yrs 249 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

expense ratio

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

3.00 p.m. In respect of purchase/switch-in of units for an amount equal to or more than 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).
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