|Fund Name||Category||Risk||1Y Returns||Rating||Fund Size(in Cr)|
|Principal Hybrid Equity Fund||Hybrid||Moderately High||2.2%||5star||₹1,408|
|Principal Dividend Yield Fund||Equity||Moderately High||0.1%||4star||₹146|
|Principal Low Duration Fund||Debt||Moderately Low||6.0%||4star||₹735|
|Principal Tax Savings Fund||Equity||Moderately High||-3.8%||4star||₹379|
|Principal Growth Fund||Equity||Moderately High||-2.7%||4star||₹661|
|Principal Emerging Bluechip Fund||Equity||Moderately High||-8.1%||3star||₹1,625|
|Principal Smart Equity Fund||Hybrid||Moderately High||5.2%||2star||₹173|
|Principal Personal Taxsaver||Equity||Moderately High||-4.9%||2star||₹284|
|Principal Corporate Bond Fund||Debt||Moderate||2.7%||2star||₹21|
|Principal Money Manager Fund||Debt||Moderately Low||1.5%||2star||₹94|
|View all Principal Mutual Funds|
Principal Mutual Fund was established in 1994 and is one of the oldest AMC's in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.
With a financial legacy of more than 130 years, their global expertise proves to be am asset for taking adequate market decisions.
The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients
|Launch Date||24 Nov 1994|
|Address||Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051|
Principal Mutual Fund AMC offers some of the best mutual fund schemes in India. Some of the top-performing mutual funds of Principal Mutual Fund AMC given below.
— Registered with SEBI, AMFI & BSE
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ELSS funds or Equity Linked Saving Scheme are tax saving funds which predominantly invest in equity and equity-related securities. These funds are a popular investment tool for investors as they provide decent returns and are exempted up to Rs.1,50,000 under Section 80 'C' of the Income Tax Act.
These funds target to obtain long-term capital appreciation by investing in various equity and equity- related securities. These funds have various sub-categories within them and invest across different market capitalization. They are typically designed for investors who want high returns and are willing to take a certain amount of risk, when it comes to their investments.
These funds are designed for investors who do not want to take a huge risk with their investments. Debt funds usually invest in debt/ money market securities and government instruments and are not heavily affected by volatile market conditions. Hence, they are recommended for short-term investments. They have a relatively low risk, as compared to equity funds.
Hybrid mutual funds have outperformed bank deposits by a wide margin, considering most savings accounts pay less than 1% interest. They have also outperformed most fixed income investments. Hybrid funds give the best of both stocks and bonds, but if an investor is overly conservative, or aggressive in risk tolerance, a hybrid mutual fund may not be the most ideal investment.
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