Principal Retirement Savings Fund Conservative Plan Direct Growth+0.19%

3.23%
1 Year Return
Others
FoF Domestic
1.0star
6M
1Y
3Y
All

Fund Details

Principal Retirement Savings Fund Conservative Plan Direct Growth

RiskModerately High
Min SIP Amount₹2000
Expense Ratio1.79%
NAV13.00 (23 Oct 2020)
Fund Started14 Dec 2015
Fund Size1 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Retirement Savings Fund Conservative Plan Direct Growth
3.2%
2.8%
NA
5.5%
Category Average
5.1%
4.2%
6.3%
-
Rank within category
33
29
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.2% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Higher expense ratio - 1.79%

    Top Holdings

    NameSectorInstrument% Assets
    Lupin Ltd.HealthcareEquity7.1%
    JSW Steel Ltd.MetalsEquity6.2%
    Hindustan Unilever Ltd.FMCGEquity5.9%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity5.8%
    ICICI Bank Ltd.FinancialEquity5.0%
    ITC Ltd.FMCGEquity4.8%
    Axis Bank Ltd.FinancialEquity4.5%
    Coal India Ltd.EnergyEquity3.5%
    Reliance Industries Ltd.EnergyEquity2.6%
    HDFC Bank Ltd.FinancialEquity2.0%
    See All

    Fund Managers

    addP V K Mohan
    Education
    Mr. Mohan is a B.E (Electrical) and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with UTI AMC.
    Funds Managed
    addRavi Gopalakrishnan
    Education
    Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
    Experience
    Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
    Funds Managed

    Principal Retirement Savings Fund Conservative Plan Direct Growth Details

    Principal Retirement Savings Fund Conservative Plan Direct Growth is a Others Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 14 Dec 2015. Rajat Jain is the Current Fund Manager of Principal Retirement Savings Fund Conservative Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 23 Oct 2020 is ₹13.00.

    The Principal Retirement Savings Fund Conservative Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Principal Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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