Principal Balanced Advantage Fund - Direct Plan
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
Suitability
This product is suitable for investors who are seeking• Long term Capital Growth • Investment in equity & equity related securities including equity derivatives of large capitalization Companies as well as Debt/Money Market securities through a systematic allocation of Funds between Equity & Debt on the basis of the Price Earnings Ratio of CNX Nifty.
Fund Info
| Scheme Class | Hybrid |
| Scheme Category | Dynamic Asset Allocation |
| Benchmark Type | Crisil Balanced Fund Index |
| Expense Ratio | 1.16% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 198 |
| AMC AUM (in Crs.) | ₹ 7,091 |
| Min Addition Subscription | ₹ 1,000 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 1000 | 1000 | 11.99% | |
| 1000 | 1000 | 11.01% |
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| Cash Offset For Derivatives | Cash - Future Offset | 44 |
| Net Receivable / Payable | Cash | 12 |
| Housing Development Finance Corp Ltd | Equity | 10 |
| Reliance Industries Ltd | Equity | 9 |
| Future on Housing Development Finance Corp Ltd | Equity - Future | 9 |
| Future on Reliance Industries Ltd | Equity - Future | 8 |
| ITC Ltd | Equity | 6 |
| Future on Adani Power Ltd | Equity - Future | 5 |
| Adani Power Ltd | Equity | 5 |
| Sun Pharmaceuticals Industries Ltd | Equity | 5 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 68 |
| Cash - Future Offset | 44 |
| Equity - Future | 44 |
| Cash | 12 |
| Bond - Corporate Bond | 10 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Cash - Future Offset | 44 |
| Equity - Future | 44 |
| Financial Services | 21 |
| Cash | 12 |
| Consumer Defensive | 10 |
Principal Mutual Fund
AUM₹7,091 Cr
About
Principal Mutual Fund was established in 1994 and is one of the oldest AMCs in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.##With a financial legacy of more than 130 years, their global expertise proves to be an asset for taking adequate market decisions.##The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients.
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m