Principal Equity Savings Fund - Growth - Direct Plan

Other Plans and Options
  • (-0.38%)Nav, as on 06-12-2019

  • Previous Nav

  • Net Change on 06-12-2019

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

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 investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, andinvestments in debt and money market instruments.However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Principal Equity Savings Fund - Direct Plan - Growth Option -0.03 3.11 6.71 7.90 6.97 7.18
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
Crisil Liquid Fund Index N/A N/A N/A N/A N/A N/A
NIFTY 50 N/A N/A N/A N/A N/A N/A

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 Equity Savings Fund - Direct Plan - Growth Option Jan 01, 2013 Unrated 6.71 7.90 6.97 1.16 51.51
HDFC Equity Savings Fund -Direct Plan - Growth Option Jan 01, 2013 Unrated 7.03 8.54 8.62 1.25 4,732.24
Kotak Equity Savings Fund - Direct - Growth Oct 13, 2014 Unrated 9.24 9.25 8.28 1.27 1,908.03
ICICI Prudential Equity Savings Fund - Direct Plan - Cumulative option Dec 05, 2014 Unrated 11.18 8.29 8.60 0.78 1,487.64
Aditya Birla Sun Life Equity Savings Fund - Direct Plan - Growth Nov 28, 2014 Unrated 9.53 8.02 7.95 1.51 789.92
Tata Equity Savings Fund- Direct Plan- Growth Jan 01, 2013 Unrated 9.06 6.34 6.33 1.24 137.71

Fund Holdings as on 31-October-2019

  • Net Receivable / Payable

  • Housing Development Finance Corporation Ltd.

  • ITC Ltd.

  • Reliance Industries Ltd.

  • TREPS 01-Nov-2019

  • Sun Pharmaceutical Industries Ltd.

  • Infosys Ltd.

  • Tata Consultancy Services Ltd.

  • HDFC Bank Ltd.

  • Axis Bank Ltd.

  • 7.24% LIC Housing Finance Ltd. 23-Aug-2021

  • Aurobindo Pharma Ltd.

  • ICICI Bank Ltd.

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

  • 8.50% National Bank for Agriculture and Rural Development 31-Jan-2023

  • 7.57% Ultratech Cement Ltd. 06-Aug-2021

  • Punjab National Bank

  • GlaxoSmithKline Consumer Healthcare Ltd.

  • Larsen & Toubro Ltd.

  • Kotak Mahindra Bank Ltd.

  • Tata Motors DVR Ltd.

  • State Bank of India

  • Exide Industries Ltd.

  • Bharti Airtel Ltd.

  • Tech Mahindra Ltd.

  • Bank of Baroda

  • Marico Ltd.

  • Dabur India Ltd.

  • Ultratech Cement Ltd.

  • 9.25% Power Grid Corporation of India Ltd. 24-Jul-2021

  • DLF Ltd.

  • Britannia Industries Ltd.

  • Max Financial Services Ltd.

  • NTPC Ltd.

  • Tata Power Company Ltd.

  • Coal India Ltd.

  • Tata Steel Ltd.

  • ACC Ltd.

  • SBI Life Insurance Company Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • 10.35% Ess Kay Fincorp Ltd. 27-Dec-2019

  • 364 DAY T-BILL 09-Jan-2020

View More

  • Miscellaneous

  • IT - Software

  • Bank - Private

  • Finance - Housing

  • Pharmaceuticals & Drugs

  • Cigarettes/Tobacco

  • Refineries

  • Bank - Public

  • Consumer Food

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Engineering - Construction

  • Batteries

  • Telecommunication - Service Provider

  • Household & Personal Products

  • Construction - Real Estate

  • Finance - Others

  • Insurance

  • Mining & Minerals

  • Steel & Iron Products

View More

About Principal Equity Savings Fund

Scheme Analysis

Principal Equity Savings Fund is a Hybrid - Equity Savings fund and belongs to Principal Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹51.51 crore. Principal Equity Savings Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Liquid Fund Index as primary index and NIFTY 50 as secondary index.

The NAV of Principal Equity Savings Fund ended down ₹-0.15(-0.38%)yesterday to ₹39.15.

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

The Principal Equity Savings Fund is managed by Gurvinder Singh Wasan and Sudhir Kedia.

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

  • Education:CA, Chartered Financial Analyst from CFA Institute USA (Charter awaited) & M. Com
  • Experience:7 Years
  • Basic Details:Mr. Wasan has more than 7 years of experience Fixed Income Markets, Credit Analysis and Structured Finance. Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
  • Funds Managed:
  • Principal Credit Risk Fund
  • Principal Equity Savings Fund
  • Principal Short Term Debt Fund

  • Cash

  • CRISIL AAA

  • Equity

  • IND A+(SO)

  • Rights

  • Sov

View More