Principal Balanced Advantage Fund Direct Dividend Monthly+0.16%

9.46%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Balanced Advantage Fund Direct Dividend Monthly

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.07%
NAV15.39 (26 Nov 2020)
Fund Started01 Jan 2013
Fund Size138 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.5%
5.8%
7.4%
9.8%
Category Average
9.0%
5.5%
7.8%
-
Rank Within Category
13
10
9
-
*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
    0
    with 9.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 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

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity5.1%
    ICICI Bank Ltd.FinancialEquity4.7%
    Infosys Ltd.TechnologyEquity4.6%
    Tata Consultancy Services Ltd.TechnologyEquity3.6%
    Axis Bank Ltd.FinancialEquity3.3%
    State Bank of IndiaFinancialEquity3.3%
    Divi's Laboratories Ltd.HealthcareEquity2.8%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.6%
    Bharti Airtel Ltd.CommunicationEquity2.5%
    HDFC Bank Ltd.FinancialEquity2.4%
    See All

    Fund Managers

    P V K Mohan
    keyboard_arrow_down
    Ravi Gopalakrishnan
    keyboard_arrow_down
    Bekxy Kuriakose
    keyboard_arrow_down

    Principal Balanced Advantage Fund Direct Dividend Monthly Details

    Principal Balanced Advantage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. P V K Mohan, Bekxy Kuriakose is the Current Fund Manager of Principal Balanced Advantage Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹138 Cr and the Latest NAV as of 26 Nov 2020 is ₹15.39.

    The Principal Balanced Advantage Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days.

    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 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.

    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
    Exit load of 0.25% if redeemed within 7 days.
    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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