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Principal Equity Savings Fund Growth+0.35%

17.29%
1 Year Return
Hybrid
Equity Savings
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Equity Savings Fund Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio2.35%
NAV₹43.49 (20 Jan 2021)
Fund Started23 May 2002
Fund Size55 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.3%
7.6%
9.1%
7.5%
Category Average
10.5%
5.9%
8.3%
-
Rank Within Category
1
4
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 17.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
3. Age is more than 10 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.56%

Top Holdings

NameSectorInstrument% Assets
Housing Development Finance Corpn. Ltd.FinancialEquity6.5%
ICICI Bank Ltd.FinancialEquity6.1%
Maruti Suzuki India Ltd.AutomobileEquity5.7%
Federal Bank Ltd.FinancialTerm Deposits4.3%
HDFC Bank Ltd.FinancialEquity4.3%
Reliance Industries Ltd.EnergyEquity3.4%
Punjab National BankFinancialTerm Deposits3.3%
UTI Asset Management Company Ltd.FinancialEquity3.0%
Divi's Laboratories Ltd.HealthcareEquity3.0%
ITC Ltd.FMCGEquity2.8%
See All

Fund Managers

P V K Mohan
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Ravi Gopalakrishnan
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Bekxy Kuriakose
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Pankaj Jain
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Principal Equity Savings Fund Growth Details

Principal Equity Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 23 May 2002. P V K Mohan, Pankaj Jain is the Current Fund Manager of Principal Equity Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹55 Cr and the Latest NAV as of 20 Jan 2021 is ₹43.49.

The Principal Equity Savings Fund Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

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.

Tax Implications

Returns 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.

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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