Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 24-06-2021)

26.57

3 YRS CAGR

(as on 24-06-2021)

7.87%

CAGR since inception

(since 01-01-2013)

10.32%

AUM

(as on 2021-05-31)

199.67 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-06-2021
* 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 24-06-2021
* 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 24-06-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-05-31
As on 2021-05-31
% of NAV
Sector
17.49%
Banks
8.86%
Software
5.16%
Pharmaceuticals
4.71%
Petroleum Products
4.46%
Finance
3.40%
Auto
1.98%
Non - Ferrous Metals
1.80%
Chemicals
1.77%
Consumer Non Durables
1.75%
Industrial Products
1.69%
Consumer Durables
1.62%
Telecom - Services
1.45%
Insurance
1.40%
Entertainment
1.26%
Cement & Cement Products
1.15%
Construction Project
1.10%
Gas
0.97%
Auto Ancillaries
0.67%
Ferrous Metals
0.60%
Transportation
0.56%
Retailing
0.47%
Leisure Services
0.46%
Pesticides
0.43%
Textile Products
0.38%
Construction
0.38%
Healthcare Services
As on 2021-05-31
% to NET Assets
Name
10.41%
Cash & Cash Equivalents
8.61%
TREPS 01-Jun-2021
6.47%
ICICI Bank Ltd.
3.69%
Reliance Industries Ltd.
3.65%
Axis Bank Ltd.
3.49%
Infosys Ltd.
3.42%
State Bank of India
2.57%
Divi's Laboratories Ltd.
2.46%
Tata Motors Ltd.
2.45%
Housing Development Finance Corporation Ltd.
2.29%
Tata Consultancy Services Ltd.
1.96%
Tech Mahindra Ltd.
1.78%
HDFC Bank Ltd.
1.73%
Dr. Reddy's Laboratories Ltd.
1.62%
Bharti Airtel Ltd.
1.58%
6.97% Government of India 06-Sep-2026
1.50%
5.70% The Federal Bank Ltd. (Duration 366 Days)
1.50%
5.60% The Federal Bank Ltd. (Duration 365 Days)
1.35%
Hindalco Industries Ltd.
1.19%
Hindustan Unilever Ltd.
1.18%
Sun TV Network Ltd.
1.15%
Larsen & Toubro Ltd.
1.07%
7.32% Government of India 28-Jan-2024
1.03%
7.65% Grasim Industries Ltd. 15-Apr-2022
1.02%
Hindustan Petroleum Corporation Ltd.
1.00%
5.22% Government of India 15-Jun-2025
0.99%
5.15% Government of India 09-Nov-2025
0.96%
Dixon Technologies (India) Ltd.
0.96%
IndusInd Bank Ltd.
0.94%
Maruti Suzuki India Ltd.
0.88%
Bajaj Finance Ltd.
0.75%
Kotak Mahindra Bank Ltd.
0.72%
HCL Technologies Ltd.
0.71%
Bajaj Finserv Ltd.
0.67%
Tata Steel Ltd.
0.64%
Atul Ltd.
0.63%
National Aluminium Company Ltd.
0.61%
Astral Limited
0.60%
TCI Express Ltd.
0.59%
Mold-Tek Packaging Ltd.
0.56%
Avenue Supermarts Ltd.
0.55%
Polycab India Ltd.
0.55%
8.25% State Government of Maharashtra 10-Jun-2025
0.55%
Motherson Sumi Systems Ltd.
0.55%
Shree Cement Ltd.
0.54%
8.80% NTPC Ltd. 04-Apr-2023
0.54%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.54%
8.08% State Government of Karnataka 11-Mar-2025
0.54%
8.06% State Government of Maharashtra 11-Feb-2025
0.53%
7.26% Government of India 14-Jan-2029
0.52%
7.87% Larsen & Toubro Ltd. 18-Apr-2022
0.51%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.51%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.51%
L&T Finance Holdings Ltd.
0.50%
8.36% Bajaj Finance Ltd. 10-Aug-2021
0.50%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.47%
Relaxo Footwears Ltd.
0.47%
Gujarat State Petronet Ltd.
0.47%
Jubilant Foodworks Ltd.
0.46%
Ultratech Cement Ltd.
0.46%
PI Industries Ltd.
0.46%
Bank of Baroda
0.44%
Max Financial Services Ltd.
0.44%
Laurus Labs Ltd.
0.43%
Page Industries Ltd.
0.41%
Tata Consumer Products Ltd.
0.40%
Mphasis Ltd.
0.40%
SRF Ltd.
0.40%
Fine Organic Industries Ltd.
0.38%
Dr. Lal Path labs Ltd.
0.38%
DLF Ltd.
0.36%
Cholamandalam Investment & Finance Co. Ltd.
0.36%
Gujarat Gas Ltd.
0.36%
Rossari Biotech Ltd.
0.30%
SBI Life Insurance Company Ltd.
0.30%
91 DAY T-BILL 22-Jul-2021
0.27%
Indraprastha Gas Ltd.
0.26%
7.16% Government of India 20-May-2023
0.26%
Kajaria Ceramics Ltd.
0.26%
SBI Cards & Payment Services Ltd.
0.26%
IPCA Laboratories Ltd.
0.25%
ACC Ltd.
0.22%
Balkrishna Industries Ltd.
0.22%
Zee Entertainment Enterprises Ltd.
0.20%
CEAT Ltd.
0.17%
ITC Ltd.
0.16%
Natco Pharma Ltd.

Benchmark

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

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 175 Days

Performance

Suitable for

1. Long term Capital Growth.
2. Investment in equity & equity related securities including equity derivatives as well as Debt/Money Market securities through a rule based systematic allocation of Funds between Equity & Debt.

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

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

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

fund managers

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
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