Principal Balanced Advantage Fund - Growth - Regular Plan

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  • Net Change on 09-12-2019

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Fund Overview Growth | Regular Plan

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  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

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Fund 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 equitiesand move assets into cash future arbitrage/ equity derivatives, debt and/or money market instruments and vice versa.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Principal Balanced Advantage Fund - Growth Option -0.19 2.03 1.78 5.45 4.83 8.41
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 100 -0.10 8.18 10.46 12.28 7.67 15.81
Nifty 50 Arbitrage Index 0.37 1.25 6.71 N/A N/A 5.47

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Principal Balanced Advantage Fund - Growth Option Dec 16, 2010 Unrated 1.78 5.45 4.83 2.45 207.96
UTI - Unit Linked Insurance Plan Oct 01, 1971 Unrated 0.48 5.43 6.04 1.79 4,341.23
Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option Aug 20, 2009 8.32 10.11 6.43 2.07 1,474.63
IDFC DEF Regular Plan Growth Oct 10, 2014 Unrated 9.76 8.48 5.79 2.25 997.11
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth Feb 06, 2014 9.69 7.45 7.27 2.30 959.06
Invesco India Dynamic Equity Fund - Growth Oct 04, 2007 10.75 11.07 7.70 2.23 923.57

Fund Holdings as on 30-November-2019

  • Net Receivable / Payable

  • Housing Development Finance Corporation Ltd.

  • Reliance Industries Ltd.

  • ITC Ltd.

  • Adani Power Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Aurobindo Pharma Ltd.

  • HDFC Bank Ltd.

  • 7.85% National Bank for Agriculture and Rural Development 23-May-2022

  • Tata Consultancy Services Ltd.

  • 7.24% Indian Railway Finance Corporation Ltd. 08-Nov-2021

  • TREPS 02-Dec-2019

  • ICICI Bank Ltd. 23-Mar-2020

  • Bharti Airtel Ltd.

  • 8.70% Housing Development Finance Corporation Ltd. 15-Dec-2020

  • Hindustan Unilever Ltd.

  • State Bank of India

  • Axis Bank Ltd.

  • Infosys Ltd.

  • ICICI Bank Ltd.

  • 7.74% Bajaj Finance Ltd. 30-Jun-2020

  • Dr. Reddy's Laboratories Ltd.

  • Ultratech Cement Ltd.

  • 8.93% Power Grid Corporation of India Ltd. 20-Oct-2020

  • SBI Life Insurance Company Ltd.

  • National Bank for Agriculture and Rural Development 10-Dec-2019

  • Indian Bank 11-Mar-2020

  • Kotak Mahindra Bank Ltd.

  • Larsen & Toubro Ltd.

  • Punjab National Bank

  • Tech Mahindra Ltd.

  • 8.90% Dewan Housing Finance Corporation Ltd. 04-Jun-2021 $

  • Vedanta Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Britannia Industries Ltd.

  • Dabur India Ltd.

  • ACC Ltd.

  • Coal India Ltd.

  • NTPC Ltd.

  • Tata Power Company Ltd.

  • 7.72% Government of India 25-May-2025

  • 7.32% Government of India 28-Jan-2024

  • Marico Ltd.

  • Axis Bank Ltd. 03-Dec-2019

  • Axis Bank Ltd. 30-Oct-2020

  • Tata Chemicals Ltd.

  • Chambal Fertilisers and Chemicals Ltd.

  • The Indian Hotels Company Ltd.

  • 364 DAY T-BILL 09-Jan-2020

  • Tata Motors DVR Ltd.

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  • Miscellaneous

  • Finance - Housing

  • Refineries

  • Pharmaceuticals & Drugs

  • Bank - Private

  • Power Generation/Distribution

  • Cigarettes/Tobacco

  • IT - Software

  • Bank - Public

  • Household & Personal Products

  • Telecommunication - Service Provider

  • Cement & Construction Materials

  • Consumer Food

  • Insurance

  • Engineering - Construction

  • Chemicals

  • Fertilizers

  • Metal - Non Ferrous

  • Mining & Minerals

  • Hotel, Resort & Restaurants

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About Principal Balanced Advantage Fund

Scheme Analysis

Principal Balanced Advantage Fund is a Hybrid - Dynamic Asset Allocation fund and belongs to Principal Mutual Fund. It was launched on 16-Dec-2010 and currently has an AUM of ₹197.84 crore. Principal Balanced Advantage Fund is benchmarked against Crisil Short Term Bond Fund Index as primary index and NIFTY 100 as primary index and Nifty 50 Arbitrage Index as secondary index.

The NAV of Principal Balanced Advantage Fund ended down ₹-0.01(-0.05%)yesterday to ₹20.63.

Among its top 3 holdings the fund has exposure to Net Receivable / Payable, Housing Development Finance Corporation Ltd. and Reliance Industries Ltd.

The Principal Balanced Advantage Fund is managed by Bekxy Kuriakose and Ravi Gopalakrishnan.

Fund House Contact

Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai - 400 051

+91 (22) 67720555
+91 (22) 67720512

Fund Manager

  • [ICRA]A1+

  • CARE D

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Equity

  • IND A1+

  • Rights

  • Sov

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