Name: Principal Equity Savings Fund Direct Growth
Brand: Principal Mutual Fund

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Principal Equity Savings Fund Direct Growth
Hybrid
Equity Savings
High Risk
29.38%
1Y return
-0.13% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 17 Sep 2021₹53.83
Min. SIP amount₹500
Rating5star
Fund size₹86.29 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns29.4%13.2%11.3%9.6%
Category average20.4%8.3%8.2%NA
Rank with in category322NA
Understand termsinfo
Holdings (53)NameSectorInstrumentAssets
Maruti Suzuki India Ltd.
AutomobileEquity7.9%
ICICI Bank Ltd.
FinancialEquity5.0%
Polycab India Ltd.
EngineeringEquity4.8%
Housing Development Finance Corpn. Ltd.
FinancialEquity4.5%
GOI
SovereignGOI Sec4.3%
HDFC Bank Ltd.
FinancialEquity3.0%
Infosys Ltd.
TechnologyEquity2.6%
ITC Ltd.
FMCGEquity2.6%
State Bank of India
FinancialEquity2.4%
Punjab National Bank
FinancialTerm Deposits2.2%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Hybrid Equity Savings
thumb_up_altPros
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
thumb_down_altCons
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Jul 2021 - Present
0.97%
30 Jun 2021 - 31 Jul 2021
0.98%
31 May 2021 - 30 Jun 2021
0.97%
30 Apr 2021 - 31 May 2021
0.97%
31 Mar 2021 - 30 Apr 2021
1.11%
28 Feb 2021 - 31 Mar 2021
0.94%
31 Jan 2021 - 28 Feb 2021
1.07%
31 Dec 2020 - 31 Jan 2021
1.11%
30 Nov 2020 - 31 Dec 2020
1.12%
31 Oct 2020 - 30 Nov 2020
1.15%
30 Sep 2020 - 31 Oct 2020
1.27%
31 Aug 2020 - 30 Sep 2020
1.26%
31 Jul 2020 - 31 Aug 2020
1.32%
30 Jun 2020 - 31 Jul 2020
1.30%
31 May 2020 - 30 Jun 2020
1.29%
30 Apr 2020 - 31 May 2020
1.29%
31 Mar 2020 - 30 Apr 2020
1.56%
29 Feb 2020 - 31 Mar 2020
1.83%
31 Jan 2020 - 29 Feb 2020
1.52%
31 Dec 2019 - 31 Jan 2020
1.21%
30 Nov 2019 - 31 Dec 2019
1.14%
31 Oct 2019 - 30 Nov 2019
1.16%
30 Sep 2019 - 31 Oct 2019
1.21%
31 Aug 2019 - 30 Sep 2019
1.21%
31 Jul 2019 - 31 Aug 2019
1.16%
30 Jun 2019 - 31 Jul 2019
1.16%
31 May 2019 - 30 Jun 2019
1.16%
30 Apr 2019 - 31 May 2019
1.17%
31 Mar 2019 - 30 Apr 2019
1.44%
28 Feb 2019 - 31 Mar 2019
1.41%
31 Jan 2019 - 28 Feb 2019
1.41%
31 Dec 2018 - 31 Jan 2019
1.37%
30 Nov 2018 - 31 Dec 2018
1.11%
31 Oct 2018 - 30 Nov 2018
1.11%
30 Sep 2018 - 31 Oct 2018
1.12%
31 Aug 2018 - 30 Sep 2018
1.12%
31 Jul 2018 - 31 Aug 2018
1.12%
30 Jun 2018 - 31 Jul 2018
1.12%
31 May 2018 - 30 Jun 2018
0.98%
30 Apr 2018 - 31 May 2018
0.98%
31 Mar 2018 - 30 Apr 2018
1.00%
28 Feb 2018 - 31 Mar 2018
1.82%
31 Jan 2018 - 28 Feb 2018
1.88%
31 Dec 2017 - 31 Jan 2018
1.93%
30 Nov 2017 - 31 Dec 2017
1.93%
31 Oct 2017 - 30 Nov 2017
1.93%
Expense ratio, exit load and taxExpense ratio: 0.97%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementP V K Mohan
Jun 2016 - Present
View details
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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.
Also manages these schemes
Principal Tax Savings Fund
Principal Multi Cap Growth Fund IDCW Half Yearly
Principal Multi Cap Growth Fund Growth
Principal Hybrid Equity Fund Growth
Principal Hybrid Equity Fund IDCW Monthly
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Personal Tax Saver Fund
Principal Balanced Advantage Fund Growth
Principal Balanced Advantage Fund IDCW Monthly
Principal Multi Cap Growth Fund Direct IDCW Half Yearly
Principal Multi Cap Growth Fund Direct Growth
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Balanced Advantage Fund Direct Growth
Principal Balanced Advantage Fund Direct IDCW Monthly
Principal Hybrid Equity Fund Direct Growth
Principal Hybrid Equity Fund Direct IDCW Monthly
Principal Personal Tax Saver Fund Direct
Principal Tax Savings Fund Direct
Principal Retirement Savings Fund Progressive Plan Direct Growth
Principal Retirement Savings Fund Progressive Plan Regular Growth
Principal Retirement Savings Fund Conservative Plan Direct Growth
Principal Retirement Savings Fund Conservative Plan Regular Growth
Principal Retirement Savings Fund Moderate Plan Direct Growth
Principal Retirement Savings Fund Moderate Plan Regular Growth
Principal Tax Savings Direct IDCW Half Yearly
Principal Tax Savings Regular IDCW Half Yearly
Ravi Gopalakrishnan
Jul 2019 - Present
View details
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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.
Also manages these schemes
Principal Tax Savings Fund
Principal Multi Cap Growth Fund IDCW Half Yearly
Principal Multi Cap Growth Fund Growth
Principal Hybrid Equity Fund Growth
Principal Hybrid Equity Fund IDCW Monthly
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Personal Tax Saver Fund
Principal Dividend Yield Fund Growth
Principal Dividend Yield Fund IDCW Half Yearly
Principal Focused Multicap IDCW Half Yearly
Principal Focused Multicap Growth
Principal Emerging Bluechip Fund Growth
Principal Emerging Bluechip Fund IDCW Half Yearly
Principal Balanced Advantage Fund Growth
Principal Balanced Advantage Fund IDCW Monthly
Principal Dividend Yield Fund Direct IDCW Half Yearly
Principal Dividend Yield Fund Direct Growth
Principal Emerging Bluechip Fund Direct IDCW Half Yearly
Principal Emerging Bluechip Fund Direct Growth
Principal Multi Cap Growth Fund Direct IDCW Half Yearly
Principal Multi Cap Growth Fund Direct Growth
Principal Focused Multicap Fund Direct Growth
Principal Focused Multicap Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Balanced Advantage Fund Direct Growth
Principal Balanced Advantage Fund Direct IDCW Monthly
Principal Hybrid Equity Fund Direct Growth
Principal Hybrid Equity Fund Direct IDCW Monthly
Principal Personal Tax Saver Fund Direct
Principal Tax Savings Fund Direct
Principal Retirement Savings Fund Progressive Plan Direct Growth
Principal Retirement Savings Fund Progressive Plan Regular Growth
Principal Retirement Savings Fund Conservative Plan Direct Growth
Principal Retirement Savings Fund Conservative Plan Regular Growth
Principal Retirement Savings Fund Moderate Plan Direct Growth
Principal Retirement Savings Fund Moderate Plan Regular Growth
Principal Tax Savings Direct IDCW Half Yearly
Principal Tax Savings Regular IDCW Half Yearly
Principal Small Cap Fund Regular Growth
Principal Small Cap Fund Direct Growth
Principal Small Cap Fund Direct IDCW
Principal Midcap Fund Direct Growth
Principal Midcap Fund Regular Growth
Principal Midcap Fund Regular IDCW
Bekxy Kuriakose
May 2019 - Present
View details
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Education
Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
Experience
Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
Also manages these schemes
Principal Cash Management IDCW Daily
Principal Cash Management IDCW Weekly
Principal Cash Management IDCW Monthly
Principal Cash Management Growth
Principal Dynamic Bond Fund IDCW Yearly
Principal Dynamic Bond Fund IDCW Quarterly
Principal Dynamic Bond Fund Growth
Principal Hybrid Equity Fund Growth
Principal Hybrid Equity Fund IDCW Monthly
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Low Duration Fund Growth
Principal Low Duration Fund IDCW Weekly
Principal Low Duration Fund IDCW Monthly
Principal Low Duration Fund IDCW Daily
Principal Ultra Short Term Fund Growth
Principal Ultra Short Term Fund IDCW Daily
Principal Ultra Short Term Fund IDCW Monthly
Principal Ultra Short Term Fund IDCW Weekly
Principal Balanced Advantage Fund Growth
Principal Balanced Advantage Fund IDCW Monthly
Principal Low Duration Fund Direct IDCW Daily
Principal Low Duration Fund Direct IDCW Weekly
Principal Low Duration Fund Direct IDCW Monthly
Principal Low Duration Fund Direct Growth
Principal Dynamic Bond Fund Direct IDCW Quarterly
Principal Dynamic Bond Fund Direct IDCW Yearly
Principal Dynamic Bond Fund Direct Growth
Principal Cash Management Direct IDCW Monthly
Principal Cash Management Direct IDCW Daily
Principal Cash Management Direct Growth
Principal Cash Management Direct IDCW Weekly
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Ultra Short Term Fund Direct Growth
Principal Ultra Short Term Fund Direct IDCW Monthly
Principal Balanced Advantage Fund Direct Growth
Principal Balanced Advantage Fund Direct IDCW Monthly
Principal Hybrid Equity Fund Direct Growth
Principal Hybrid Equity Fund Direct IDCW Monthly
Pankaj Jain
Jan 2018 - Present
View details
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Education
Mr. Jain is a B.Tech (Mechanical) from VNIT Nagpur and MBA from IIM Bangalore.
Experience
Prior to joining Principal AMC he has worked with Edelweiss Capital, Taurus AMC, State Bank of India (Treasury) and Thermax Ltd.
Also manages these schemes
Principal Cash Management IDCW Daily
Principal Cash Management IDCW Weekly
Principal Cash Management IDCW Monthly
Principal Cash Management Growth
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Low Duration Fund Growth
Principal Low Duration Fund IDCW Weekly
Principal Low Duration Fund IDCW Monthly
Principal Low Duration Fund IDCW Daily
Principal Ultra Short Term Fund Growth
Principal Ultra Short Term Fund IDCW Daily
Principal Ultra Short Term Fund IDCW Monthly
Principal Ultra Short Term Fund IDCW Weekly
Principal Low Duration Fund Direct IDCW Daily
Principal Low Duration Fund Direct IDCW Weekly
Principal Low Duration Fund Direct IDCW Monthly
Principal Low Duration Fund Direct Growth
Principal Cash Management Direct IDCW Monthly
Principal Cash Management Direct IDCW Daily
Principal Cash Management Direct Growth
Principal Cash Management Direct IDCW Weekly
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Ultra Short Term Fund Direct Growth
Principal Ultra Short Term Fund Direct IDCW Monthly
Gurvinder Singh Wasan
May 2019 - Present
View details
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Education
Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience
Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.
Also manages these schemes
Principal Short Term Debt Fund Growth
Principal Short Term Debt Fund IDCW Monthly
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Corporate Bond Fund IDCW Monthly
Principal Corporate Bond Fund IDCW Quarterly
Principal Corporate Bond Fund Growth
Principal Credit Risk Fund Growth
Principal Credit Risk Fund IDCW Monthly
Principal Credit Risk Fund Direct IDCW Monthly
Principal Credit Risk Fund Direct Growth
Principal Short Term Debt Fund Direct Growth
Principal Short Term Debt Fund Direct IDCW Monthly
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Corporate Bond Fund Direct IDCW Monthly
Principal Corporate Bond Fund Direct Growth
Sudhir Kedia
Oct 2019 - Present
View details
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Education
Mr. Kedia is CA, CMA and MBA.
Experience
Prior to joining Principal Mutual Fund, he has worked with Mirae Asset Mutual Fund and ASK investment.
Also manages these schemes
Principal Tax Savings Fund
Principal Equity Savings Fund Growth
Principal Equity Savings Fund IDCW Half Yearly
Principal Equity Savings Fund IDCW Quarterly
Principal Personal Tax Saver Fund
Principal Equity Savings Fund Direct IDCW Half Yearly
Principal Equity Savings Fund Direct IDCW Quarterly
Principal Equity Savings Fund Direct Growth
Principal Personal Tax Saver Fund Direct
Principal Tax Savings Fund Direct
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct IDCW
Mirae Asset Hybrid Equity Fund Regular Growth
Mirae Asset Hybrid Equity Fund Regular IDCW
Principal Tax Savings Direct IDCW Half Yearly
Principal Tax Savings Regular IDCW Half Yearly
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Equity Savings Fund Direct IDCW
Mirae Asset Equity Savings Fund Regular Growth
Mirae Asset Equity Savings Fund Regular IDCW
Principal Midcap Fund Direct Growth
Principal Midcap Fund Regular Growth
Principal Midcap Fund Regular IDCW
Principal Large Cap Fund Regular Growth
Principal Large Cap Fund Direct Growth
Fund house & investment objective
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Principal Mutual Fund
Rank (total assets)#24 in India
Total AUM7,817.63 Cr
Date of Incorporation25 Nov 1994
Principal Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to invest
Principal Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 25 Nov 1994. P V K Mohan, Pankaj Jain is the Current Fund Manager of Principal Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,818 Cr and the Latest NAV as of 17 Sep 2021 is ₹53.83.
The Principal Equity Savings Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The scheme aims to provide capital appreciation and income distribution by using equity and equity related instruments, arbitrage opportunities and in
The scheme aims to provide capital appreciation and income distribution by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
...Read more
Fund benchmarkNIFTY Equity Savings TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
Phone
022-67720555
Launch Date
25 Nov 1994
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	29.4%	13.2%	11.3%	9.6%
Category average	20.4%	8.3%	8.2%	NA
Rank with in category	3	2	2	NA

Name	Sector	Instrument	Assets
Maruti Suzuki India Ltd.	Automobile	Equity	7.9%
ICICI Bank Ltd.	Financial	Equity	5.0%
Polycab India Ltd.	Engineering	Equity	4.8%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.5%
GOI	Sovereign	GOI Sec	4.3%
HDFC Bank Ltd.	Financial	Equity	3.0%
Infosys Ltd.	Technology	Equity	2.6%
ITC Ltd.	FMCG	Equity	2.6%
State Bank of India	Financial	Equity	2.4%
Punjab National Bank	Financial	Term Deposits	2.2%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	5
Fund size	₹86.29 Cr