Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

NAV

(as on 24-09-2021)

27.74

3 YRS CAGR

(as on 24-09-2021)

8.62%

CAGR since inception

(since 01-01-2013)

10.55%

AUM

(as on 2021-08-31)

259.53 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-09-2021
* 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 24-09-2021
* 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 24-09-2021
* Benchmark : 50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-08-31
As on 2021-08-31
% of NAV
Sector
16.42%
Banks
8.67%
Software
5.46%
Petroleum Products
5.11%
Pharmaceuticals
3.81%
Auto
3.77%
Finance
2.26%
Non - Ferrous Metals
2.13%
Cement & Cement Products
1.76%
Consumer Non Durables
1.74%
Industrial Products
1.74%
Chemicals
1.68%
Consumer Durables
1.48%
Telecom - Services
1.33%
Auto Ancillaries
1.22%
Gas
1.15%
Insurance
1.09%
Construction Project
0.65%
Ferrous Metals
0.57%
Retailing
0.55%
Transportation
0.47%
Pesticides
0.44%
Healthcare Services
0.43%
Leisure Services
0.38%
Textile Products
0.36%
Industrial Capital Goods
0.35%
Construction
0.32%
Entertainment
As on 2021-08-31
% to NET Assets
Name
12.37%
Cash & Cash Equivalents
5.63%
ICICI Bank Ltd.
5.30%
Reliance Industries Ltd.
4.19%
TREPS 02-Aug-2021
3.40%
Infosys Ltd.
2.94%
State Bank of India
2.92%
Axis Bank Ltd.
2.78%
HDFC Bank Ltd.
2.54%
Divi's Laboratories Ltd.
2.39%
Tech Mahindra Ltd.
2.35%
91 DAY T-BILL 14-Oct-2021
2.26%
Tata Motors Ltd.
2.17%
8.20% Government of India 15-Feb-2022
1.98%
Housing Development Finance Corporation Ltd.
1.94%
Tata Consultancy Services Ltd.
1.78%
Hindalco Industries Ltd.
1.44%
Bharti Airtel Ltd.
1.33%
6.97% Government of India 06-Sep-2026
1.30%
Dr. Reddy's Laboratories Ltd.
1.27%
ACC Ltd.
1.15%
IndusInd Bank Ltd.
1.10%
HDB Financial Services Ltd. 29-Oct-2021
1.06%
Larsen & Toubro Ltd.
1.00%
Hindustan Unilever Ltd.
0.90%
7.32% Government of India 28-Jan-2024
0.88%
6.84% Government of India 19-Dec-2022
0.87%
7.65% Grasim Industries Ltd. 15-Apr-2022
0.87%
Dixon Technologies (India) Ltd.
0.84%
5.63% Government of India 12-Apr-2026
0.84%
5.22% Government of India 15-Jun-2025
0.83%
5.15% Government of India 09-Nov-2025
0.82%
Bajaj Finance Ltd.
0.81%
Hindustan Petroleum Corporation Ltd.
0.78%
Maruti Suzuki India Ltd.
0.73%
Tata Steel Ltd.
0.72%
Bajaj Finserv Ltd.
0.67%
National Aluminium Company Ltd.
0.58%
Zomato Ltd.
0.57%
Atul Ltd.
0.57%
Astral Limited
0.54%
Avenue Supermarts Ltd.
0.53%
Mold-Tek Packaging Ltd.
0.53%
TCI Express Ltd.
0.51%
Gujarat State Petronet Ltd.
0.51%
Polycab India Ltd.
0.49%
Sona Blw Precision Forgings Ltd.
0.48%
Shree Cement Ltd.
0.48%
Jubilant Foodworks Ltd.
0.46%
8.25% State Government of Maharashtra 10-Jun-2025
0.46%
8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024
0.46%
8.08% State Government of Karnataka 11-Mar-2025
0.46%
Laurus Labs Ltd.
0.46%
8.06% State Government of Maharashtra 11-Feb-2025
0.45%
8.80% NTPC Ltd. 04-Apr-2023
0.45%
Mphasis Ltd.
0.45%
Motherson Sumi Systems Ltd.
0.45%
SRF Ltd.
0.45%
Max Financial Services Ltd.
0.44%
8.35% Government of India 14-May-2022
0.44%
6.79% Government of India 15-May-2027
0.44%
Ultratech Cement Ltd.
0.44%
7.26% Government of India 14-Jan-2029
0.44%
7.02% State Government of Maharashtra 27-Sep-2022
0.43%
5.05% Indian Oil Corporation Ltd. 25-Nov-2022
0.43%
7.87% Larsen & Toubro Ltd. 18-Apr-2022
0.43%
PI Industries Ltd.
0.43%
7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021
0.42%
8.36% Bajaj Finance Ltd. 10-Aug-2021
0.42%
6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031
0.41%
Gujarat Gas Ltd.
0.41%
L&T Finance Holdings Ltd.
0.41%
Fortis Healthcare Ltd.
0.41%
Relaxo Footwears Ltd.
0.40%
Tata Consumer Products Ltd.
0.38%
Bank of Baroda
0.38%
DLF Ltd.
0.37%
Page Industries Ltd.
0.35%
Fine Organic Industries Ltd.
0.32%
HCL Technologies Ltd.
0.32%
BEML Ltd.
0.31%
Kotak Mahindra Bank Ltd.
0.30%
Rossari Biotech Ltd.
0.24%
Indraprastha Gas Ltd.
0.24%
Navin Fluorine International Ltd.
0.23%
Canara Bank
0.23%
Kajaria Ceramics Ltd.
0.22%
SBI Cards & Payment Services Ltd.
0.22%
IPCA Laboratories Ltd.
0.22%
7.16% Government of India 20-May-2023
0.20%
Balkrishna Industries Ltd.
0.18%
Bharat Petroleum Corporation Ltd.
0.18%
Zee Entertainment Enterprises Ltd.
0.17%
CEAT Ltd.
0.14%
SKF India Ltd.
0.14%
ITC Ltd.
0.13%
Natco Pharma Ltd.
0.11%
Indian Bank
0.07%
Sun TV Network Ltd.
0.03%
Clean Science & Technology Ltd.
0.03%
G R Infra projects 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 267 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.

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.

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