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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 FundEquityVery High71.0%3star2,519
Principal Hybrid Equity FundHybridVery High48.3%3star1,059
Principal Cash Management FundDebtLow to Moderate3.3%2star160
Principal Tax Savings FundEquityVery High63.9%2star503
Principal Growth FundEquityVery High64.4%3star714
Principal Dividend Yield FundEquityVery High62.1%3star199
Principal Focused Multicap FundEquityVery High58.1%4star526
Principal Nifty 100 Equal Weight FundOthersVery High69.1%1star23
PRINCIPAL Global Opportunities FundOthersVery High78.2%1star27
Principal Credit Risk FundDebtModerate12.3%3star14
Principal Smart Equity FundHybridModerate21.7%3star195
Principal Money Manager FundDebtLow to Moderate4.3%2star131
Principal Low Duration FundDebtLow to Moderate4.6%2star77
Principal Equity Savings FundHybridHigh30.9%4star64
Principal Asset Allocation Fund of Funds - Aggressive PlanOthersModerately High14.2%1star3
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 11.56% annualized returns in the last three years. In the last year, its returns were 70.95%. 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 70.95% 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
AUM2,519Cr
1Y Returns71.0%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 9.24% annualized returns in the last three years. In the last year, its returns were 48.3%. 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 48.3% 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
AUM1,059Cr
1Y Returns48.3%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 2.35% annualized returns in the last three years. In the last year, its returns were 3.34%. 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 3.34% 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
AUM160Cr
1Y Returns3.3%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 8.03% annualized returns in the last three years. In the last year, its returns were 63.91%. 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 63.91% 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
AUM503Cr
1Y Returns63.9%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 8.91% annualized returns in the last three years. In the last year, its returns were 64.44%. 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 64.44% 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
AUM714Cr
1Y Returns64.4%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 12.45% annualized returns in the last three years. In the last year, its returns were 62.1%. 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 62.1% 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
AUM199Cr
1Y Returns62.1%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 15.31% annualized returns in the last three years. In the last year, its returns were 58.12%. 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 58.12% 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
AUM526Cr
1Y Returns58.1%

Principal Nifty 100 Equal Weight 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 69.09%. 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 69.09% 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
AUM23Cr
1Y Returns69.1%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 15.78% annualized returns in the last three years. In the last year, its returns were 78.18%. 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 78.18% 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
AUM27Cr
1Y Returns78.2%

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 7.06% annualized returns in the last three years. In the last year, its returns were 21.68%. 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 21.68% 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
AUM195Cr
1Y Returns21.7%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 4.35% annualized returns in the last three years. In the last year, its returns were 4.33%. 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 4.33% 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
AUM131Cr
1Y Returns4.3%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given -0.21% annualized returns in the last three years. In the last year, its returns were 4.58%. 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 4.58% 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
AUM77Cr
1Y Returns4.6%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 9.85% annualized returns in the last three years. In the last year, its returns were 30.95%. 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 30.95% 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
AUM64Cr
1Y Returns30.9%

Principal Retirement Savings Fund Progressive Plan Direct Growth

Fund Performance: This fund has given 4.77% annualized returns in the last three years. In the last year, its returns were 14.2%. 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 14.2% 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
AUM3Cr
1Y Returns14.2%

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