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Principal Balanced Advantage Fund IDCW Monthly+0.04%

16.86%
1 Year Return
Hybrid
Dynamic Asset Allocation
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Balanced Advantage Fund IDCW Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio2.47%
NAV₹14.14 (22 Jun 2021)
Fund Started16 Dec 2010
Fund Size200 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
16.9%
6.3%
7.1%
8.9%
Category Average
26.3%
6.7%
8.4%
-
Rank Within Category
23
15
10
-
*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 16.9% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.47%
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

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity6.5%
Reliance Industries Ltd.EnergyEquity3.7%
Axis Bank Ltd.FinancialEquity3.6%
Infosys Ltd.TechnologyEquity3.5%
State Bank of IndiaFinancialEquity3.4%
Divi's Laboratories Ltd.HealthcareEquity2.6%
Tata Motors Ltd.AutomobileEquity2.5%
Housing Development Finance Corpn. Ltd.FinancialEquity2.5%
Tata Consultancy Services Ltd.TechnologyEquity2.3%
Tech Mahindra Ltd.TechnologyEquity2.0%
See All

Fund Managers

P V K Mohan
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Ravi Gopalakrishnan
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Bekxy Kuriakose
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Principal Balanced Advantage Fund IDCW Monthly Details

Principal Balanced Advantage Fund IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹200 Cr and the Latest NAV as of 22 Jun 2021 is ₹14.14.

The Principal Balanced Advantage Fund IDCW Monthly 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.

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
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,
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