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Best Principal Equity Mutual Funds

Principal Mutual Fund was established in 1994 and is one of the oldest AMC's in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.

With a financial legacy of more than 130 years, their global expertise proves to be am asset for taking adequate market decisions.

The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

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Top 10 Principal Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Principal Emerging Bluechip FundEquityModerately High22.5%3star2,418
Principal Hybrid Equity FundHybridModerately High18.4%4star1,102
Principal Cash Management FundDebtModerately Low3.8%2star210
Principal Tax Savings FundEquityModerately High21.5%3star485
Principal Growth FundEquityModerately High16.7%3star697
Principal Dividend Yield FundEquityModerately High21.4%3star187
Principal Focused Multicap FundEquityModerately High6.5%4star399
Principal Focused Multicap FundEquityModerately High22.2%4star483
Principal Nifty 100 Equal Weight FundOthersModerately High17.9%1star21
PRINCIPAL Global Opportunities FundOthersHigh20.8%1star23
Principal Credit Risk FundDebtModerate12.3%3star14
Principal Smart Equity FundHybridModerate11.1%3star156
Principal Money Manager FundDebtModerately Low4.7%2star163
Principal Low Duration FundDebtModerately Low6.0%2star105
Principal Equity Savings FundHybridHigh17.6%4star55
View All Top 10 Principal Mutual Funds

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Now let us jump and check about these top 10 mutual fund schemes.

Principal Emerging Bluechip Fund Direct Growth

Fund Performance: This fund has given 7.13% annualized returns in the last three years. In the last year, its returns were 22.53%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 22.53% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM2,418Cr
1Y Returns22.5%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 6.87% annualized returns in the last three years. In the last year, its returns were 18.45%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 18.45% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM1,102Cr
1Y Returns18.4%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 2.65% annualized returns in the last three years. In the last year, its returns were 3.75%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.75% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM210Cr
1Y Returns3.8%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 4.75% annualized returns in the last three years. In the last year, its returns were 21.52%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 21.52% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM485Cr
1Y Returns21.5%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 4.08% annualized returns in the last three years. In the last year, its returns were 16.68%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 16.68% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM697Cr
1Y Returns16.7%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 7.84% annualized returns in the last three years. In the last year, its returns were 21.43%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 21.43% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM187Cr
1Y Returns21.4%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 5.9% annualized returns in the last three years. In the last year, its returns were 6.53%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.53% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM399Cr
1Y Returns6.5%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 11.24% annualized returns in the last three years. In the last year, its returns were 22.17%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 22.17% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM483Cr
1Y Returns22.2%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given 5.1% annualized returns in the last three years. In the last year, its returns were 17.9%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.9% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM21Cr
1Y Returns17.9%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 9.04% annualized returns in the last three years. In the last year, its returns were 20.84%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 20.84% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹10,000
AUM23Cr
1Y Returns20.8%

Principal Credit Risk Fund Direct Growth

Fund Performance: This fund has given 6.62% annualized returns in the last three years. In the last year, its returns were 12.3%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 12.3% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹2,00,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹2,00,000
AUM14Cr
1Y Returns12.3%

Principal Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 6.07% annualized returns in the last three years. In the last year, its returns were 11.1%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM156Cr
1Y Returns11.1%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 4.68% annualized returns in the last three years. In the last year, its returns were 4.7%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.7% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM163Cr
1Y Returns4.7%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given 0.13% annualized returns in the last three years. In the last year, its returns were 6.02%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.02% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM105Cr
1Y Returns6.0%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 8.92% annualized returns in the last three years. In the last year, its returns were 17.59%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.59% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM55Cr
1Y Returns17.6%

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