Name: Principal Balanced Advantage Fund Direct Growth
Brand: Principal Mutual Fund

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Principal Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderate Risk
17.27%
1Y return
-0.32% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 17 Sep 2021₹27.70
Min. SIP amount₹500
Rating3star
Fund size₹257.05 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 Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.3%8.3%8.3%10.5%
Category average24.8%9.3%9.1%NA
Rank with in category211610NA
Understand termsinfo
Holdings (89)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity5.7%
Reliance Industries Ltd.
EnergyEquity4.3%
Infosys Ltd.
TechnologyEquity3.7%
Axis Bank Ltd.
FinancialEquity3.4%
State Bank of India
FinancialEquity3.1%
Tata Motors Ltd.
AutomobileEquity2.9%
Divi's Laboratories Ltd.
HealthcareEquity2.5%
Tata Consultancy Services Ltd.
TechnologyEquity2.3%
Housing Development Finance Corpn. Ltd.
FinancialEquity2.2%
Tech Mahindra Ltd.
TechnologyEquity2.0%
See All
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
0.88%
30 Jun 2021 - 31 Jul 2021
0.88%
31 May 2021 - 30 Jun 2021
0.91%
30 Apr 2021 - 31 May 2021
0.92%
31 Mar 2021 - 30 Apr 2021
1.05%
28 Feb 2021 - 31 Mar 2021
1.05%
31 Jan 2021 - 28 Feb 2021
1.05%
31 Dec 2020 - 31 Jan 2021
1.07%
30 Nov 2020 - 31 Dec 2020
1.07%
31 Oct 2020 - 30 Nov 2020
1.07%
30 Sep 2020 - 31 Oct 2020
1.05%
31 Aug 2020 - 30 Sep 2020
1.06%
31 Jul 2020 - 31 Aug 2020
1.06%
30 Jun 2020 - 31 Jul 2020
1.04%
31 May 2020 - 30 Jun 2020
1.02%
30 Apr 2020 - 31 May 2020
1.02%
31 Mar 2020 - 30 Apr 2020
0.59%
29 Feb 2020 - 31 Mar 2020
0.78%
31 Jan 2020 - 29 Feb 2020
1.06%
31 Dec 2019 - 31 Jan 2020
1.11%
30 Nov 2019 - 31 Dec 2019
1.16%
31 Oct 2019 - 30 Nov 2019
1.12%
30 Sep 2019 - 31 Oct 2019
1.08%
31 Aug 2019 - 30 Sep 2019
1.08%
31 Jul 2019 - 31 Aug 2019
0.80%
30 Jun 2019 - 31 Jul 2019
0.80%
31 May 2019 - 30 Jun 2019
0.80%
30 Apr 2019 - 31 May 2019
0.80%
31 Mar 2019 - 30 Apr 2019
1.10%
28 Feb 2019 - 31 Mar 2019
0.85%
31 Jan 2019 - 28 Feb 2019
0.85%
31 Dec 2018 - 31 Jan 2019
1.21%
30 Nov 2018 - 31 Dec 2018
1.57%
31 Oct 2018 - 30 Nov 2018
1.57%
30 Sep 2018 - 31 Oct 2018
1.69%
31 Aug 2018 - 30 Sep 2018
1.63%
31 Jul 2018 - 31 Aug 2018
1.63%
30 Jun 2018 - 31 Jul 2018
1.63%
31 May 2018 - 30 Jun 2018
1.57%
30 Apr 2018 - 31 May 2018
1.57%
31 Mar 2018 - 30 Apr 2018
1.60%
28 Feb 2018 - 31 Mar 2018
0.64%
31 Jan 2018 - 28 Feb 2018
0.78%
31 Dec 2017 - 31 Jan 2018
1.00%
30 Nov 2017 - 31 Dec 2017
0.99%
31 Oct 2017 - 30 Nov 2017
1.26%
Expense ratio, exit load and taxExpense ratio: 0.88%Inclusive of GST
Exit loadExit load of 0.25% if redeemed within 7 days.
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
Jul 2017 - 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
Jan 2018 - 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
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 Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to in
Principal Balanced Advantage 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, Bekxy Kuriakose is the Current Fund Manager of Principal Balanced Advantage 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 ₹27.70.
The Principal Balanced Advantage Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days....Read more
Investment Objective
The scheme seeks to generate long term capital appreciation with relatively lower volatility by allocation of funds into equity assets based on Price 
The scheme seeks to generate long term capital appreciation with relatively lower volatility by allocation of funds into equity assets based on Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of 'Price to Earnings' Ratio'; the scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.
...Read more
Fund benchmarkGroww Debt Hybrid
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	17.3%	8.3%	8.3%	10.5%
Category average	24.8%	9.3%	9.1%	NA
Rank with in category	21	16	10	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	5.7%
Reliance Industries Ltd.	Energy	Equity	4.3%
Infosys Ltd.	Technology	Equity	3.7%
Axis Bank Ltd.	Financial	Equity	3.4%
State Bank of India	Financial	Equity	3.1%
Tata Motors Ltd.	Automobile	Equity	2.9%
Divi's Laboratories Ltd.	Healthcare	Equity	2.5%
Tata Consultancy Services Ltd.	Technology	Equity	2.3%
Housing Development Finance Corpn. Ltd.	Financial	Equity	2.2%
Tech Mahindra Ltd.	Technology	Equity	2.0%

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

Rating	3
Fund size	₹257.05 Cr

Rank (total assets)	#24 in India
Total AUM	7,817.63 Cr