Principal Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 23-08-2019

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    Principal Balanced Advantage Fund - Growth - Direct Plan 3 PersonalFN
  • Assets (Cr.)

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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 - Direct Plan - Growth Option -1.18 -3.08 -2.19 4.23 5.38 8.38
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 100 -4.47 -6.98 -8.04 7.29 6.80 15.44
Nifty 50 Arbitrage Index 0.77 2.07 7.01 N/A N/A 5.55

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 - Direct Plan - Growth Option Dec 16, 2010 -2.19 4.23 5.38 2.42 212.99
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Aug 20, 2009 Unrated -4.61 6.47 7.09 2.19 1,431.77
Invesco India Dynamic Equity Fund - Direct Plan - Growth Oct 04, 2007 -3.82 6.84 8.05 2.22 924.34
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth Feb 06, 2014 3.86 5.45 6.93 2.40 853.84
BOIAXAEQUITY DEBT REBALANCER FUND DIRECT PLAN GROWTH Mar 14, 2014 Unrated -10.59 0.72 3.95 2.35 141.82

Fund Holdings as on 31-July-2019

  • Net Receivable / Payable

  • TREPS 01-Aug-2019

  • Reliance Industries Ltd.

  • Aurobindo Pharma Ltd.

  • Adani Power Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Maruti Suzuki India Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • ITC Ltd.

  • Tata Consultancy Services Ltd.

  • Punjab National Bank

  • Housing Development Finance Corporation Ltd.

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

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

  • Axis Bank Ltd. 15-Nov-2019

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

  • Hindustan Unilever Ltd.

  • ACC Ltd.

  • HDFC Bank Ltd.

  • Bharti Airtel Ltd.

  • Century Textiles & Industries Ltd.

  • Infosys Ltd.

  • State Bank of India

  • Ultratech Cement Ltd.

  • ICICI Bank Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Godrej Industries Ltd. 12-Sep-2019

  • Indiabulls Housing Finance Ltd.

  • Marico Ltd.

  • Larsen & Toubro Ltd.

  • Tata Motors Ltd.

  • Kotak Mahindra Bank Ltd.

  • Tata Chemicals Ltd.

  • SBI Life Insurance Company Ltd.

  • Vedanta Ltd.

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

  • NTPC Ltd.

  • Coal India Ltd.

  • Chambal Fertilisers and Chemicals Ltd.

  • Axis Bank Ltd.

  • The Indian Hotels Company Ltd.

  • Tech Mahindra Ltd.

  • Dabur India Ltd.

  • Britannia Industries Ltd.

  • Steel Authority of India Ltd.

  • Tata Power Company Ltd.

  • 91 DAY T-BILL 17-Oct-2019

  • 9.10% Dewan Housing Finance Corporation Ltd. 09-Sep-2019 $

  • Tata Motors Ltd-A-DVR

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  • Miscellaneous

  • Pharmaceuticals & Drugs

  • Refineries

  • Power Generation/Distribution

  • IT - Software

  • Finance - Stock Broking

  • Bank - Private

  • Automobiles - Passenger Cars

  • Bank - Public

  • Finance - Housing

  • Cigarettes/Tobacco

  • Cement & Construction Materials

  • Household & Personal Products

  • Telecommunication - Service Provider

  • Insurance

  • Diversified

  • Consumer Food

  • Engineering - Construction

  • Automobiles-Trucks/Lcv

  • Chemicals

  • Metal - Non Ferrous

  • Mining & Minerals

  • Fertilizers

  • Hotel, Resort & Restaurants

  • Steel & Iron Products

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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 01-Jan-2013 and currently has an AUM of ₹212.99 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(0.23%)yesterday to ₹21.62.

Among its top 3 holdings the fund has exposure to Net Receivable / Payable, TREPS 01-Aug-2019 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

  • CARE D

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Equity

  • Rights

  • Sov

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