Principal Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 24-02-2020

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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 (₹)

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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 0.22 1.12 4.25 5.97 5.80 9.82
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 100 -3.47 -0.62 9.32 9.05 6.43 15.56
Nifty 50 Arbitrage Index 0.42 1.16 6.70 N/A N/A 5.44

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 4.25 5.97 5.80 1.06 180.22
UTI - Unit Linked Insurance Plan- Direct Jan 01, 2013 5.79 6.59 6.84 1.09 4,453.62
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Jan 21, 2013 14.73 10.17 7.33 0.58 1,476.22
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth Feb 06, 2014 14.50 9.16 8.75 0.55 1,224.33
IDFC DEF Direct Plan Growth Oct 10, 2014 Unrated 17.52 10.71 7.65 1.01 974.36
Invesco India Dynamic Equity Fund - Direct Plan - Growth Jan 01, 2013 13.88 9.66 8.83 1.03 869.73

Fund Holdings as on 31-January-2020

  • Net Receivable / Payable

  • Housing Development Finance Corporation Ltd.

  • Reliance Industries Ltd.

  • ITC Ltd.

  • Adani Power Ltd.

  • TREPS 03-Feb-2020

  • 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.

  • Aurobindo Pharma Ltd.

  • Axis Bank Ltd.

  • 5.95% Canara Bank (Duration 182 Days)

  • Punjab National Bank

  • ICICI Bank Ltd.

  • Dr. Reddy's Laboratories Ltd.

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

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

  • Bharti Airtel Ltd.

  • Ultratech Cement Ltd.

  • State Bank of India

  • SBI Life Insurance Company Ltd.

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

  • Mahindra & Mahindra Financial Services Ltd.

  • Indian Bank 11-Mar-2020

  • Tech Mahindra Ltd.

  • Kotak Mahindra Bank Ltd.

  • Larsen & Toubro Ltd.

  • Infosys Ltd.

  • Dabur India Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Tata Consultancy Services Ltd.

  • Exide Industries Ltd.

  • Vedanta Ltd.

  • NCC Ltd.

  • ACC Ltd.

  • NTPC Ltd.

  • Coal India Ltd.

  • Tata Chemicals Ltd.

  • 8.00% National Housing Bank 22-Feb-2022

  • Axis Bank Ltd. 30-Oct-2020

  • 364 DAY T-BILL 20-Mar-2020

  • Britannia Industries Ltd.

  • Hindalco Industries Ltd.

  • Tata Steel Ltd.

  • Cipla Ltd.

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  • Miscellaneous

  • Finance - Housing

  • Refineries

  • Cigarettes/Tobacco

  • Bank - Private

  • Pharmaceuticals & Drugs

  • Power Generation/Distribution

  • Household & Personal Products

  • IT - Software

  • Bank - Public

  • Cement & Construction Materials

  • Insurance

  • Engineering - Construction

  • Telecommunication - Service Provider

  • Finance - NBFC

  • Metal - Non Ferrous

  • Batteries

  • Chemicals

  • Mining & Minerals

  • Consumer Food

  • Steel & Iron Products

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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 ₹180.22 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 ₹-0.09(-0.4%)yesterday to ₹22.46.

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+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Deposits

  • Equity

  • IND A1+

  • IND AAA

  • Sovereign

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