Principal Balanced Advantage Fund - Growth - Regular Plan

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  • Net Change on 23-01-2020

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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 0.43 1.36 1.71 5.44 4.52 8.37
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 100 -0.34 4.68 11.58 12.48 6.92 15.84
Nifty 50 Arbitrage Index 0.41 1.24 6.56 N/A N/A 5.42

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 1.71 5.44 4.52 2.14 183.50
UTI - Unit Linked Insurance Plan Oct 01, 1971 1.14 5.92 5.94 1.47 4,403.33
Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option Aug 20, 2009 9.86 10.20 6.22 2.12 1,470.56
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth Feb 06, 2014 9.98 7.82 7.18 2.41 1,138.02
IDFC DEF Regular Plan Growth Oct 10, 2014 Unrated 10.23 8.99 5.66 2.25 977.12
Invesco India Dynamic Equity Fund - Growth Oct 04, 2007 8.43 9.35 7.38 2.16 893.25

Fund Holdings as on 31-December-2019

  • Net Receivable / Payable

  • Housing Development Finance Corporation Ltd.

  • Reliance Industries Ltd.

  • ITC Ltd.

  • Adani Power Ltd.

  • Aurobindo Pharma Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • HDFC Bank Ltd.

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

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

  • ICICI Bank Ltd. 23-Mar-2020

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

  • Hindustan Unilever Ltd.

  • Axis Bank Ltd.

  • TREPS 01-Jan-2020

  • 5.95% Canara Bank (Duration 182 Days)

  • ICICI Bank Ltd.

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

  • 6.25% The Federal Bank Ltd. (Duration 181 Days)

  • Dr. Reddy's Laboratories Ltd.

  • State Bank of India

  • Ultratech Cement Ltd.

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

  • Bharti Airtel Ltd.

  • SBI Life Insurance Company Ltd.

  • Indian Bank 11-Mar-2020

  • Kotak Mahindra Bank Ltd.

  • Tech Mahindra Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • Larsen & Toubro Ltd.

  • Infosys Ltd.

  • Exide Industries Ltd.

  • Vedanta Ltd.

  • Punjab National Bank

  • Tata Consultancy Services Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Britannia Industries Ltd.

  • Dabur India Ltd.

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

  • Coal India Ltd.

  • ACC Ltd.

  • NTPC Ltd.

  • 7.72% Government of India 25-May-2025

  • 7.32% Government of India 28-Jan-2024

  • 8.00% National Housing Bank 22-Feb-2022

  • Axis Bank Ltd. 30-Oct-2020

  • Tata Chemicals Ltd.

  • 364 DAY T-BILL 09-Jan-2020

  • Tata Power Company Ltd.

  • Tata Motors DVR Ltd.

  • Hindalco Industries Ltd.

  • NCC Ltd.

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  • Miscellaneous

  • Finance - Housing

  • Refineries

  • Pharmaceuticals & Drugs

  • Cigarettes/Tobacco

  • Bank - Private

  • Power Generation/Distribution

  • Household & Personal Products

  • IT - Software

  • Bank - Public

  • Insurance

  • Cement & Construction Materials

  • Telecommunication - Service Provider

  • Engineering - Construction

  • Metal - Non Ferrous

  • Finance - NBFC

  • Batteries

  • Consumer Food

  • Mining & Minerals

  • Chemicals

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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 ₹183.50 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 up ₹0.05(0.24%)yesterday to ₹20.85.

Among its top 3 holdings the fund has exposure to Net Receivable / Payable, and

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

  • Deposits

  • Equity

  • IND A1+

  • IND AAA

  • Rights

  • SOV

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