Fund Details
Principal Balanced Advantage Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.48% |
| NAV | ₹24.33 (23 Jul 2021) |
|---|---|
| Fund Started | 16 Dec 2010 |
| Fund Size | ₹214 Cr |
Returns
Comparison
Found nothing so far.
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.48%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
6. 10Y Returns are lower than the category average returns
Top Holdings
| 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% |
Fund Managers
Principal Balanced Advantage Fund Growth Details
Principal Balanced Advantage Fund Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 16 Dec 2010. P V K Mohan, Bekxy Kuriakose is the Current Fund Manager of Principal Balanced Advantage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹214 Cr and the Latest NAV as of 23 Jul 2021 is ₹24.33.
The Principal Balanced Advantage Fund 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.
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.
