Principal Retirement Savings Fund Progressive Plan

Principal Retirement Savings Fund Progressive Plan

NAV

(as on 14-06-2019)

14.0727

3 YRS CAGR

(as on 14-06-2019)

10.82%

CAGR since inception

(since 14-12-2015)

10.22%

AUM

(as on 31-May-2019)

1.58 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 : 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 14-06-2019
* 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 14-06-2019
* Benchmark : Nifty 200 Full Marketcap Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-May-2019
As on 31-May-2019
% of NAV
Sector
21.61%
Banks
8.64%
Consumer Non Durables
6.62%
Software
5.22%
Petroleum Products
4.58%
Finance
3.88%
Construction Project
3.09%
Power
2.62%
Ferrous Metals
2.44%
Pharmaceuticals
2.13%
Cement
1.97%
Fertilisers
1.77%
Telecom - Services
1.66%
Hotels, Resorts And Other Recreational Activities
1.50%
Auto Ancillaries
1.38%
Consumer Durables
1.21%
Auto
0.99%
Minerals/Mining
0.83%
Industrial Products
0.54%
Non - Ferrous Metals
0.47%
Construction
0.24%
Diversified Consumer Services
As on 31-May-2019
% to NET Assets
Name
25.98%
Cash & Cash Equivalents
5.22%
Reliance Industries Ltd.
4.77%
ICICI Bank Ltd.
4.57%
HDFC Bank Ltd.
3.46%
State Bank of India
3.27%
Larsen & Toubro Ltd.
2.97%
Kotak Mahindra Bank Ltd.
2.94%
Tata Consultancy Services Ltd.
2.52%
ITC Ltd.
2.38%
Infosys Ltd.
2.22%
Housing Development Finance Corporation Ltd.
1.97%
Chambal Fertilisers and Chemicals Ltd.
1.82%
Tata Power Company Ltd.
1.77%
Bharti Airtel Ltd.
1.74%
SBI Life Insurance Company Ltd.
1.71%
Axis Bank Ltd.
1.66%
The Indian Hotels Company Ltd.
1.45%
GlaxoSmithKline Consumer Healthcare Ltd.
1.42%
Dabur India Ltd.
1.38%
Bajaj Electricals Ltd.
1.38%
Marico Ltd.
1.30%
HCL Technologies Ltd.
1.27%
NTPC Ltd.
1.16%
City Union Bank Ltd.
1.13%
Bank of Baroda
1.11%
Britannia Industries Ltd.
0.99%
Coal India Ltd.
0.95%
Tata Steel Ltd.
0.94%
The India Cements Ltd.
0.92%
Steel Authority of India Ltd.
0.89%
Abbott India Ltd.
0.85%
Asahi India Glass Ltd.
0.83%
Ramkrishna Forgings Ltd.
0.81%
Sun Pharmaceutical Industries Ltd.
0.79%
The Federal Bank Ltd.
0.76%
Bombay Burmah Trading Corporation Ltd.
0.75%
Kirloskar Ferrous Industries Ltd.
0.74%
Dishman Carbogen Amcis Ltd.
0.67%
Bajaj Auto Ltd.
0.65%
Rico Auto Industries Ltd.
0.63%
364 DAY T-BILL 25-Jul-2019
0.62%
ICICI Prudential Life Insurance Company Ltd.
0.61%
Hindustan Construction Company Ltd.
0.60%
JK Cement Ltd.
0.59%
Birla Corporation Ltd.
0.58%
Karur Vysya Bank Ltd.
0.54%
Hindustan Zinc Ltd.
0.54%
Hero MotoCorp Ltd.
0.47%
Gayatri Projects Ltd.
0.47%
Yes Bank Ltd.
0.24%
CL Educate Ltd.

Benchmark

Nifty 200 Full Marketcap Index

Horizon

Long term

Age

3 Yrs 184 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

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

Scheme Document & Forms

Downloads

Factsheet

Downloads

KIM

Downloads

Application Form