Home>Mutual Funds>Principal Mutual Funds>Best Principal Mutual Funds

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.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

Top 10 Principal Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Principal Emerging Bluechip FundEquityVery High68.8%4star3,123
Principal Hybrid Equity FundHybridVery High48.1%3star1,115
Principal Cash Management FundDebtLow to Moderate3.2%2star181
Principal Tax Savings FundEquityVery High63.0%3star602
Principal Growth FundEquityVery High68.8%3star851
Principal Dividend Yield FundEquityVery High55.9%3star238
Principal Focused Multicap FundEquityVery High64.1%4star669
Principal Nifty 100 Equal Weight FundOtherVery High64.8%1star29
PRINCIPAL Global Opportunities FundOtherVery High43.4%1star37
Principal Smart Equity FundHybridModerate18.0%3star270
Principal Money Manager FundDebtLow to Moderate3.5%3star106
Principal Low Duration FundDebtLow to Moderate3.9%2star58
Principal Equity Savings FundHybridHigh31.1%5star101
Principal Asset Allocation Fund of Funds - Aggressive PlanSolution OrientedModerately High14.2%1star3
Principal Small Cap FundEquityModerately High101.1%3star473
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 26.05% annualized returns in the last three years. In the last year, its returns were 68.79%. 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 68.79% 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
AUM3,123Cr
1Y Returns68.8%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 17.9% annualized returns in the last three years. In the last year, its returns were 48.06%. 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 48.06% 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
AUM1,115Cr
1Y Returns48.1%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 4.66% annualized returns in the last three years. In the last year, its returns were 3.2%. 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 3.2% 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
AUM181Cr
1Y Returns3.2%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 21.15% annualized returns in the last three years. In the last year, its returns were 62.99%. 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 62.99% 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
AUM602Cr
1Y Returns63.0%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 22.71% annualized returns in the last three years. In the last year, its returns were 68.77%. 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 68.77% 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
AUM851Cr
1Y Returns68.8%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 21.35% annualized returns in the last three years. In the last year, its returns were 55.93%. 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 55.93% 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
AUM238Cr
1Y Returns55.9%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 26.08% annualized returns in the last three years. In the last year, its returns were 64.09%. 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 64.09% 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
AUM669Cr
1Y Returns64.1%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given 19.65% annualized returns in the last three years. In the last year, its returns were 64.84%. 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 64.84% 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
AUM29Cr
1Y Returns64.8%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 18.08% annualized returns in the last three years. In the last year, its returns were 43.37%. 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 43.37% 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
AUM37Cr
1Y Returns43.4%

Principal Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 9.47% annualized returns in the last three years. In the last year, its returns were 17.96%. 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 17.96% 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
AUM270Cr
1Y Returns18.0%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 5.6% annualized returns in the last three years. In the last year, its returns were 3.51%. 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 3.51% 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
AUM106Cr
1Y Returns3.5%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given -0.36% annualized returns in the last three years. In the last year, its returns were 3.86%. 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 3.86% 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
AUM58Cr
1Y Returns3.9%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 14.76% annualized returns in the last three years. In the last year, its returns were 31.08%. 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 31.08% 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 ₹500.

Min Investment Amt₹5,000
AUM101Cr
1Y Returns31.1%

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
AUM3Cr
1Y Returns14.2%

Principal Small Cap Fund Direct Growth

Fund Performance: In the last year, its returns were 101.14%. 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 101.14% 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
AUM473Cr
1Y Returns101.1%

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 1.9.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI