Principal Equity Savings Fund Dividend Quarterly+0.15%

3Groww
0.17%
1 Year Return
Hybrid
Equity Savings
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Equity Savings Fund Dividend Quarterly

RiskModerate
Min SIP Amount₹500
Expense Ratio2.42%
NAV12.3 (23 Aug 2019)
Fund Started23 May 2002
Fund Size52 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Equity Savings Fund Dividend Quarterly
0.2%
5.3%
6.2%
7.6%
Category Average
1.0%
5.7%
NA
-
Rank within category
8
6
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 0.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    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

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity8.5%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity5.4%
    Infosys Ltd.TechnologyEquity5.3%
    Maruti Suzuki India Ltd.AutomobileEquity4.9%
    Reliance Industries Ltd.EnergyEquity4.1%
    National Housing BankFinancialDebenture3.9%
    Suryoday Small Finance Bank Ltd.FinancialBonds/NCD3.8%
    Century Textiles & Inds. Ltd.DiversifiedEquity3.8%
    Tata Consultancy Services Ltd.TechnologyEquity3.1%
    Aurobindo Pharma Ltd.HealthcareEquity3.0%
    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
    addBekxy Kuriakose
    Education
    Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore
    Experience
    Prior to joining Principal MF she has worked with L&T MF, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services
    Funds Managed
    addPankaj Jain
    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.
    Funds Managed

    Other Details

    Principal Equity Savings Fund Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 23 May 2002. P V K Mohan, Pankaj Jain is the Current Fund Manager of Principal Equity Savings Fund Dividend Quarterly.The fund currently has an Asset Under Management(AUM) of ₹52 Cr and the Latest NAV as of 23 Aug 2019 is ₹12.3.

    The Principal Equity Savings Fund Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment 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, and investments 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.

    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
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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