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 Type
Open-ended
Scheme Category
Dynamic Asset Allocation
Benchmark Type
Crisil Balanced Fund Index
Scheme AUM (in Crs.)
₹ 212.5
Expense Ratio
1.1%
Scheme Class
Hybrid
AMC AUM (in Crs.)
₹ 7091
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Fund Info
| Scheme Type | Open-ended |
|---|---|
| Scheme Category | Dynamic Asset Allocation |
| Benchmark Type | Crisil Balanced Fund Index |
| Scheme AUM (in Crs.) | ₹ 212.5 |
| Expense Ratio | 1.1% |
| Scheme Class | Hybrid |
| AMC AUM (in Crs.) | ₹ 7091 |
| Min Subscription | ₹ 5000 |
| Min Addition Subscription | ₹ 1000 |
Performance
Comparison
Portfolio
AMC Details
Peer Comparison
Fund
Min SIP Inv.
Min Inv.
Returns 3Y
Fund Size(Cr.)
Top 10 Holdings
Company
Holding Type
Asset(%)
Cash Offset For Derivatives
Cash - Future Offset
42
Net Receivable / Payable
Cash
10
Reliance Industries Ltd
Equity
6
Aurobindo Pharma Ltd. 25-Apr-19
Equity - Future
6
Aurobindo Pharma Ltd
Equity
6
Reliance Industries Ltd. 25-Apr-19
Equity - Future
5
Maruti Suzuki India Ltd. 25-Apr-19
Equity - Future
5
Maruti Suzuki India Ltd
Equity
5
Sun Pharmaceuticals Industries Ltd
Equity
4
Adani Power Ltd. 25-Apr-19
Equity - Future
4
Asset Allocation(%)
Equity
67
Cash - Future Offset
42
Equity - Future
42
Bond - Corporate Bond
11
Cash
10
Sector Allocation(%)
Sector
Percent
Equity - Future
42
Cash - Future Offset
42
Banks - Regional - Asia
14
Bond - Corporate Bond
11
Cash
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.
Launch Date
25 Nov 1994
Sponsor
NA
Email
customer@principalindia.com
Phone
022 - 67720555
Address
Exchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East, Mumbai - 400051
Principal Mutual Fund
Quick Links
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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