Principal Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 20-09-2021

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Fund Overview Growth | Direct Plan

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  • 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 - Direct Plan - Growth Option 1.77 4.16 16.82 8.26 8.24 10.49
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 100 6.08 10.92 51.66 15.33 14.45 16.56
Nifty 50 Arbitrage Index 0.14 0.92 4.17 4.63 N/A 4.51

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 Jan 01, 2013 Unrated 16.82 8.26 8.24 0.86 257.03
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Jan 21, 2013 34.64 16.75 14.49 0.44 5,303.54
UTI - Unit Linked Insurance Plan- Direct Jan 01, 2013 26.43 8.92 9.25 0.99 5,301.33
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth Feb 06, 2014 20.83 12.99 10.22 0.67 4,240.92
Invesco India Dynamic Equity Fund - Direct Plan - Growth Jan 01, 2013 Unrated 26.10 10.25 11.02 1.05 688.17
BOIAXAEQUITY DEBT REBALANCER FUND DIRECT PLAN GROWTH Mar 14, 2014 Unrated 12.64 3.94 4.81 1.97 63.80

Fund Holdings as on 31-August-2021

  • Net Receivable / Payable

  • ICICI Bank Ltd.

  • Reliance Industries Ltd.

  • TREPS 01-Sep-2021

  • Infosys Ltd.

  • Axis Bank Ltd.

  • HDFC Bank Ltd.

  • State Bank of India

  • Tech Mahindra Ltd.

  • Divi's Laboratories Ltd.

  • 91 DAY T-BILL 14-Oct-2021

  • Tata Consultancy Services Ltd.

  • Housing Development Finance Corporation Ltd.

  • 3.25% Reverse Repo 01-Sep-2021

  • Tata Motors Ltd.

  • 8.20% Government of India 15-Feb-2022

  • Hindalco Industries Ltd.

  • Bharti Airtel Ltd.

  • 6.97% Government of India 06-Sep-2026

  • Dr. Reddy's Laboratories Ltd.

  • ACC Ltd.

  • IndusInd Bank Ltd.

  • Hindustan Unilever Ltd.

  • Dixon Technologies (India) Ltd.

  • HDB Financial Services Ltd. 29-Oct-2021

  • Larsen & Toubro Ltd.

  • Bajaj Finance Ltd.

  • 7.32% Government of India 28-Jan-2024

  • 6.84% Government of India 19-Dec-2022

  • Bajaj Finserv Ltd.

  • 7.65% Grasim Industries Ltd. 15-Apr-2022

  • 5.63% Government of India 12-Apr-2026

  • 5.22% Government of India 15-Jun-2025

  • 5.15% Government of India 09-Nov-2025

  • Hindustan Petroleum Corporation Ltd.

  • Maruti Suzuki India Ltd.

  • Mphasis Ltd.

  • Tata Steel Ltd.

  • National Aluminium Company Ltd.

  • TCI Express Ltd.

  • Avenue Supermarts Ltd.

  • Gujarat Gas Ltd.

  • Fortis Healthcare Ltd.

  • Atul Ltd.

  • Polycab India Ltd.

  • Astral Limited

  • Sona Blw Precision Forgings Ltd.

  • SRF Ltd.

  • Gujarat State Petronet Ltd.

  • Jubilant Foodworks Ltd.

  • PI Industries Ltd.

  • Shree Cement Ltd.

  • Laurus Labs Ltd.

  • Mold-Tek Packaging Ltd.

  • 8.25% State Government of Maharashtra 10-Jun-2025

  • 8.08% State Government of Karnataka 11-Mar-2025

  • 8.06% State Government of Maharashtra 11-Feb-2025

  • Ultratech Cement Ltd.

  • 8.25% Indian Railway Finance Corporation Ltd. 28-Feb-2024

  • Tata Consumer Products Ltd.

  • 8.80% NTPC Ltd. 04-Apr-2023

  • 7.26% Government of India 14-Jan-2029

  • 8.13% Government of India 21-Sep-2022

  • 6.79% Government of India 15-May-2027

  • 8.15% Government of India 11-Jun-2022

  • 7.02% State Government of Maharashtra 27-Sep-2022

  • 8.35% Government of India 14-May-2022

  • 6.99% Small Industries Development Bank of India 08-Aug-2022

  • 7.87% Larsen & Toubro Ltd. 18-Apr-2022

  • Max Financial Services Ltd.

  • Natco Pharma Ltd.

  • IPCA Laboratories Ltd.

  • 5.05% Indian Oil Corporation Ltd. 25-Nov-2022

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

  • Motherson Sumi Systems Ltd.

  • Relaxo Footwears Ltd.

  • Varun Beverages Ltd.

  • 6.83% Housing Development Finance Corporation Ltd. 08-Jan-2031

  • BEML Ltd.

  • L&T Finance Holdings Ltd.

  • Canara Bank

  • Page Industries Ltd.

  • HCL Technologies Ltd.

  • Bank of Baroda

  • DLF Ltd.

  • Rossari Biotech Ltd.

  • Fine Organic Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • Indian Bank

  • Navin Fluorine International Ltd.

  • Kajaria Ceramics Ltd.

  • SKF India Ltd.

  • SBI Cards & Payment Services Ltd.

  • Indraprastha Gas Ltd.

  • Minda Industries Ltd.

  • 7.16% Government of India 20-May-2023

  • Balkrishna Industries Ltd.

  • Bharat Petroleum Corporation Ltd.

  • CEAT Ltd.

  • Zee Entertainment Enterprises Ltd.

  • ITC Ltd.

  • Sun TV Network Ltd.

  • G R Infra projects Ltd.

  • Clean Science & Technology Ltd.

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Finance - Housing

  • Cement & Construction Materials

  • Automobiles-Trucks/Lcv

  • Metal - Non Ferrous

  • Telecommunication - Service Provider

  • Finance - NBFC

  • Chemicals

  • Auto Ancillary

  • Household & Personal Products

  • Engineering - Construction

  • Consumer Durables - Electronics

  • Gas Transmission/Marketing

  • Plastic Products

  • Consumer Food

  • Finance - Investment

  • Automobiles - Passenger Cars

  • Steel & Iron Products

  • Aluminium & Aluminium Products

  • Logistics

  • Retailing

  • Hospital & Healthcare Services

  • Cable

  • Diversified

  • Pesticides & Agrochemicals

  • Tea/Coffee

  • Finance - Others

  • Footwear

  • Engineering - Industrial Equipments

  • Textile

  • Tyres & Allied

  • Construction - Real Estate

  • Ceramics/Marble/Granite/Sanitaryware

  • Bearings

  • Industrial Gases & Fuels

  • TV Broadcasting & Software Production

  • Cigarettes/Tobacco

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Fund Manager

  • CARE AAA

  • Cash

  • CRISIL AAA

  • Equity

  • Sovereign

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About Principal Balanced Advantage Fund

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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 ₹257.03 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 ₹-0.13(-0.47%)yesterday to ₹27.57.

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

Level 7, Parinee Crescenzo, Plot no C-38/39, G Block, Bandra Kurla Complex, Bandra(East) Mumbai - 400 051

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