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 Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Principal Emerging Bluechip Fund | Equity | Very High | 62.3% | 4star | ₹2,841 | |
| Principal Hybrid Equity Fund | Hybrid | Very High | 38.2% | 3star | ₹1,080 | |
| Principal Cash Management Fund | Debt | Low to Moderate | 3.2% | 2star | ₹162 | |
| Principal Tax Savings Fund | Equity | Very High | 49.5% | 2star | ₹549 | |
| Principal Growth Fund | Equity | Very High | 59.0% | 3star | ₹775 | |
| Principal Dividend Yield Fund | Equity | Very High | 48.3% | 3star | ₹218 | |
| Principal Focused Multicap Fund | Equity | Very High | 52.0% | 4star | ₹600 | |
| Principal Nifty 100 Equal Weight Fund | Other | Very High | 54.1% | 1star | ₹26 | |
| PRINCIPAL Global Opportunities Fund | Other | Very High | 44.5% | 1star | ₹35 | |
| Principal Smart Equity Fund | Hybrid | Moderate | 15.7% | 3star | ₹214 | |
| Principal Money Manager Fund | Debt | Low to Moderate | 3.6% | 2star | ₹128 | |
| Principal Low Duration Fund | Debt | Low to Moderate | 4.1% | 2star | ₹69 | |
| Principal Equity Savings Fund | Hybrid | High | 24.1% | 5star | ₹69 | |
| Principal Asset Allocation Fund of Funds - Aggressive Plan | Solution Oriented | Moderately High | 14.2% | 1star | ₹3 | |
| Principal Arbitrage Fund | Hybrid | Low | 3.1% | 1star | ₹7 | |
| 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 15.98% annualized returns in the last three years. In the last year, its returns were 62.28%. 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 62.28% 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 |
|---|---|
| AUM | ₹2,841Cr |
| 1Y Returns | 62.3% |
Principal Hybrid Equity 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 38.22%. 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 38.22% 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 |
|---|---|
| AUM | ₹1,080Cr |
| 1Y Returns | 38.2% |
Principal Cash Management Direct Growth
Fund Performance: This fund has given 1.95% annualized returns in the last three years. In the last year, its returns were 3.21%. 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 3.21% 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 |
|---|---|
| AUM | ₹162Cr |
| 1Y Returns | 3.2% |
Principal Tax Savings Fund Direct
Fund Performance: This fund has given 12.27% annualized returns in the last three years. In the last year, its returns were 49.49%. 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 49.49% 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 |
|---|---|
| AUM | ₹549Cr |
| 1Y Returns | 49.5% |
Principal Multi Cap Growth Fund Direct Growth
Fund Performance: This fund has given 14.74% annualized returns in the last three years. In the last year, its returns were 59.05%. 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 59.05% 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 |
|---|---|
| AUM | ₹775Cr |
| 1Y Returns | 59.0% |
Principal Dividend Yield Fund Direct Growth
Fund Performance: This fund has given 14.85% annualized returns in the last three years. In the last year, its returns were 48.3%. 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 48.3% 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 |
|---|---|
| AUM | ₹218Cr |
| 1Y Returns | 48.3% |
Principal Focused Multicap Fund Direct Growth
Fund Performance: This fund has given 17.43% annualized returns in the last three years. In the last year, its returns were 51.98%. 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 51.98% 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 |
|---|---|
| AUM | ₹600Cr |
| 1Y Returns | 52.0% |
Principal Nifty 100 Equal Weight Fund Direct Growth
Fund Performance: This fund has given 11.14% annualized returns in the last three years. In the last year, its returns were 54.12%. It has continually hit its benchmark in the Other segment.
Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 54.12% 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 |
|---|---|
| AUM | ₹26Cr |
| 1Y Returns | 54.1% |
Principal Global Opportunities Fund Direct Growth
Fund Performance: This fund has given 14.7% annualized returns in the last three years. In the last year, its returns were 44.48%. It has continually hit its benchmark in the Other segment.
Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 44.48% 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 |
|---|---|
| AUM | ₹35Cr |
| 1Y Returns | 44.5% |
Principal Balanced Advantage Fund Direct Growth
Fund Performance: This fund has given 7.83% annualized returns in the last three years. In the last year, its returns were 15.74%. 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 15.74% 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 |
|---|---|
| AUM | ₹214Cr |
| 1Y Returns | 15.7% |
Principal Ultra Short Term Fund Direct Growth
Fund Performance: This fund has given 3.95% annualized returns in the last three years. In the last year, its returns were 3.64%. 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 3.64% 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 |
|---|---|
| AUM | ₹128Cr |
| 1Y Returns | 3.6% |
Principal Low Duration Fund Direct Growth
Fund Performance: This fund has given -0.4% annualized returns in the last three years. In the last year, its returns were 4.08%. 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 4.08% 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 |
|---|---|
| AUM | ₹69Cr |
| 1Y Returns | 4.1% |
Principal Equity Savings Fund Direct Growth
Fund Performance: This fund has given 11.45% annualized returns in the last three years. In the last year, its returns were 24.1%. 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 24.1% 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 |
|---|---|
| AUM | ₹69Cr |
| 1Y Returns | 24.1% |
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 Solution Oriented segment.
Why to invest: It is one of the most remarkable Solution Oriented 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 |
|---|---|
| AUM | ₹3Cr |
| 1Y Returns | 14.2% |
Principal Arbitrage Fund Direct Growth
Fund Performance: This fund has given 1.76% annualized returns in the last three years. In the last year, its returns were 3.12%. 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 3.12% 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 |
|---|---|
| AUM | ₹7Cr |
| 1Y Returns | 3.1% |
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