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 High4.7%4star2,091
Principal Hybrid Equity FundHybridModerately High2.0%4star1,106
Principal Cash Management FundDebtLow4.5%2star149
Principal Tax Savings FundEquityModerately High-1.0%3star403
Principal Growth FundEquityModerately High-0.3%3star654
Principal Dividend Yield FundEquityModerately High3.6%3star170
Principal Focused Multicap FundEquityModerately High2.5%4star393
Principal Nifty 100 Equal Weight FundOthersModerately High-4.1%1star17
PRINCIPAL Global Opportunities FundOthersHigh8.0%1star19
Principal Credit Risk FundDebtModerate12.3%3star14
Principal Smart Equity FundHybridModerately High6.5%4star144
Principal Money Manager FundDebtModerately Low5.6%2star168
Principal Low Duration FundDebtModerately Low5.8%2star97
Principal Equity Savings FundHybridModerately High6.4%4star45
Principal Asset Allocation Fund of Funds - Aggressive PlanOthersModerately High-2.6%1star2
View All Top 10 Principal Mutual Funds

Let's have a closer look

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 2.97% annualized returns in the last three years. In the last year, its returns were 4.69%. 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 4.69% 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
AUM2,091Cr
1Y Returns4.7%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 3.35% annualized returns in the last three years. In the last year, its returns were 2.01%. 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 2.01% 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
AUM1,106Cr
1Y Returns2.0%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 3.03% annualized returns in the last three years. In the last year, its returns were 4.46%. 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 4.46% 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
AUM149Cr
1Y Returns4.5%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 0.52% annualized returns in the last three years. In the last year, its returns were -1.03%. 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 -1.03% 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
AUM403Cr
1Y Returns-1.0%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 1.05% annualized returns in the last three years. In the last year, its returns were -0.33%. 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 -0.33% 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
AUM654Cr
1Y Returns-0.3%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 4.16% annualized returns in the last three years. In the last year, its returns were 3.62%. 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 3.62% 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
AUM170Cr
1Y Returns3.6%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 5.31% annualized returns in the last three years. In the last year, its returns were 2.55%. 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 2.55% 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
AUM393Cr
1Y Returns2.5%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given -1.11% annualized returns in the last three years. In the last year, its returns were -4.06%. 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 -4.06% 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
AUM17Cr
1Y Returns-4.1%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 4.04% annualized returns in the last three years. In the last year, its returns were 8.04%. 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 8.04% 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
AUM19Cr
1Y Returns8.0%

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 5.01% annualized returns in the last three years. In the last year, its returns were 6.52%. 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 6.52% 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
AUM144Cr
1Y Returns6.5%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 4.97% annualized returns in the last three years. In the last year, its returns were 5.57%. 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 5.57% 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
AUM168Cr
1Y Returns5.6%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given 0.32% annualized returns in the last three years. In the last year, its returns were 5.8%. 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 5.8% 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
AUM97Cr
1Y Returns5.8%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 5.58% annualized returns in the last three years. In the last year, its returns were 6.44%. 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 6.44% 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
AUM45Cr
1Y Returns6.4%

Principal Retirement Savings Fund Progressive Plan Direct Growth

Fund Performance: This fund has given 0.92% annualized returns in the last three years. In the last year, its returns were -2.62%. 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 -2.62% 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
AUM2Cr
1Y Returns-2.6%

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