MyWealthGrowth.com logo
HomeMutual Funds

Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.20

as on 26 Nov 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,321 today.

Invest Now

NAV Performance

Principal Balanced Advantage Fund performance graph for last 3 years
Performance of Principal Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 25.000

    as on 26 Nov 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 214 Cr.

    as on 26 Nov 2021
  • 2.47%

    since 31 May 2021
  • 16 Dec 2010

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Principal Mutual Fund

    Show All Funds

Highlights of this fund

Principal Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 16 Dec 2010. This fund is offered by one of the top AMC (Assets Management Company) Principal Mutual Fund. You can also view here all other Hybrid funds offered by Principal Mutual Fund.

Latest NAV of the fund is ₹ 25.000 as on 26 Nov 2021.

This fund has 10 years of track record. Since 31 May 2021 expense ratio of this fund is 2.47%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes.

List of Fund Managers of Principal Balanced Advantage Fund

  • About Bekxy Kuriakose

    Picture of Bekxy KuriakoseBekxy Kuriakose has over 18 years of experience in dealing, research and fund management. Having primarily managed Fixed Income funds, she has worked as Asst. Vice President with L&T Mutual Fund, and as a Fund Manager with Reliance Life Insurance and SBI Mutual Fund. Kuriakose holds a graduate degree in Economics (Hons) and a PGDM from IIM Bangalore.
  • About Ravi Gopalakrishnan

    Picture of Ravi GopalakrishnanMr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA. Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 1.04% 8.50% 10.11% 36.20% 20.44% 17.09% 14.33% 13.83% 25.43% 30.95% 21.33% 15.52% 13.77%
Category Average -1.81% 2.47% 6.77% 17.48% 12.91% 11.44% 10.09% 12.86% 13.91% 17.70% 14.68% 10.76% 11.79%
Principal Balanced Advantage Fund -1.19%₹ 9,881 1.83%₹ 10,183 5.35%₹ 10,535 11.96%₹ 11,195 10.97%₹ 12,702 9.94%₹ 12,088 12.76%₹ 27,268 7.20%₹ 12,321 10.09%₹ 41,905 7.23%₹ 14,180 7.79%₹ 73,036 10.67%₹ 27,593 8.75%₹ 1,88,653
Edelweiss Balanced Advantage Fund -2.66%₹ 9,733 2.37%₹ 10,236 9.07%₹ 10,907 23.68%₹ 12,367 18.26%₹ 13,157 20.10%₹ 14,430 24.23%₹ 30,328 16.44%₹ 15,792 20.51%₹ 48,640 14.14%₹ 19,382 15.52%₹ 88,496 12.15%₹ 31,528 12.71%₹ 2,32,788
ICICI Prudential Balanced Advantage Fund -1.64%₹ 9,836 3.18%₹ 10,317 6.57%₹ 10,656 18.91%₹ 11,891 15.21%₹ 12,968 13.60%₹ 12,909 20.10%₹ 29,214 13.07%₹ 14,459 16.24%₹ 45,799 11.50%₹ 17,246 12.69%₹ 82,518 13.83%₹ 36,566 12.49%₹ 2,30,054
Aditya Birla Sun Life Balanced Advantage Fund -2.75%₹ 9,724 1.33%₹ 10,132 6.13%₹ 10,612 17.21%₹ 11,721 13.41%₹ 12,855 14.45%₹ 13,102 20.22%₹ 29,244 12.57%₹ 14,270 16.28%₹ 45,826 10.53%₹ 16,502 12.08%₹ 81,285 - -
HDFC Balanced Advantage Fund -4.33%₹ 9,567 5.91%₹ 10,591 8.80%₹ 10,880 36.20%₹ 13,619 25.43%₹ 13,597 16.82%₹ 13,652 30.95%₹ 32,177 14.21%₹ 14,904 21.33%₹ 49,201 14.33%₹ 19,549 15.06%₹ 87,501 13.80%₹ 36,462 13.77%₹ 2,46,334
Nippon India Balanced Advantage Fund -2.50%₹ 9,749 0.95%₹ 10,095 6.49%₹ 10,649 20.71%₹ 12,071 14.61%₹ 12,930 13.43%₹ 12,870 19.43%₹ 29,034 12.06%₹ 14,075 15.28%₹ 45,174 12.13%₹ 17,738 11.76%₹ 80,649 13.81%₹ 36,501 12.12%₹ 2,25,529

Portfolio Holdings

Portfolio holdings pattern of Principal Balanced Advantage Fund as on 29 Nov 2021 are listed below:

  • Equity Holdings:

    63.36%
  • Debt Holdings:

    17.45%
  • Others Holdings:

    19.19%

Top Sector Holdings of Principal Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 15.85% ₹ 46.31 Cr.
Refineries/Marketing 5.48% ₹ 18.20 Cr.
Computers - Software 5.87% ₹ 17.15 Cr.
Pharmaceuticals 4.63% ₹ 13.51 Cr.
Passenger/Utility vehicles 3.69% ₹ 10.78 Cr.
Others 64.48% -

Top Stock Holdings of Principal Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.35% ₹ 15.64 Cr.
Reliance Industries Ltd. 5.35% ₹ 15.62 Cr.
Tata Motors Ltd. 3.01% ₹ 8.80 Cr.
Infosys Ltd. 2.85% ₹ 8.33 Cr.
HDFC Bank Ltd. 2.79% ₹ 8.16 Cr.
Others 80.65% -

Top Debt Instrument Type holdings of Principal Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 12.40% ₹ 36.23 Cr.
NCD & Bonds 4.16% ₹ 12.17 Cr.
CP 0.68% ₹ 2.00 Cr.
T-Bills 0.21% ₹ .62 Cr.
Others 82.55% -

Top Debt Holdings of Principal Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 12.40% ₹ 36.23 Cr.
Bond - National Bank for Agriculture & Rural Development 1.02% ₹ 2.99 Cr.
Bond - Indian Railway Finance Corporation Ltd. 0.71% ₹ 2.07 Cr.
Bond - Grasim Industries Limited 0.69% ₹ 2.03 Cr.
Bond - Axis Finance Ltd. 0.68% ₹ 2.00 Cr.
Others 84.50%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 12.43%
TREPS 6.76%