Fund Performance
Lumpsum
SIP
7.83
as on 31 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,538 today.
NAV Performance
Fund Information
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₹ 26.055
as on 31 Jan 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 299 Cr.
as on 31 Dec 2021 -
2.49%
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16 Dec 2010
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Nifty 50
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Principal Mutual Fund
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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 ₹ 26.055 as on 31 Jan 2023.
This fund has 12 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.49%. 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
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About Bekxy Kuriakose
Bekxy 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.
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About Ravi Gopalakrishnan
Mr. 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% | 3.92% | 8.41% | 25.12% | 22.09% | 17.48% | 10.60% | 12.84% | 15.65% | 16.12% | 22.24% | 16.40% | 14.05% |
| Category Average | -0.97% | -0.61% | 2.68% | 4.53% | 8.73% | 9.14% | 7.15% | 10.76% | 4.15% | 4.93% | 8.92% | 8.60% | 9.95% |
| Principal Balanced Advantage Fund | -2.22%₹ 9,778 | -1.19%₹ 9,881 | 3.10%₹ 10,309 | 3.33%₹ 10,333 | 4.15%₹ 12,269 | 7.38%₹ 11,534 | 4.85%₹ 25,226 | 7.83%₹ 12,538 | 7.16%₹ 40,128 | 5.51%₹ 13,079 | 6.58%₹ 70,857 | 8.44%₹ 22,500 | 7.21%₹ 1,73,950 |
| Edelweiss Balanced Advantage Fund | -1.31%₹ 9,869 | -1.23%₹ 9,877 | 2.23%₹ 10,223 | 0.98%₹ 10,097 | 2.73%₹ 12,178 | 9.75%₹ 12,051 | 4.37%₹ 25,103 | 12.93%₹ 14,406 | 10.35%₹ 42,066 | 9.57%₹ 15,796 | 11.15%₹ 79,443 | 11.05%₹ 28,541 | 10.62%₹ 2,08,281 |
| ICICI Prudential Balanced Advantage Fund | -0.68%₹ 9,931 | -0.15%₹ 9,984 | 3.63%₹ 10,363 | 6.21%₹ 10,621 | 6.76%₹ 12,437 | 11.37%₹ 12,411 | 7.87%₹ 25,999 | 11.21%₹ 13,757 | 12.14%₹ 43,176 | 9.42%₹ 15,685 | 11.15%₹ 79,448 | 11.69%₹ 30,224 | 10.98%₹ 2,12,326 |
| Aditya Birla Sun Life Balanced Advantage Fund | -0.94%₹ 9,906 | -0.27%₹ 9,973 | 3.36%₹ 10,335 | 3.57%₹ 10,356 | 5.21%₹ 12,338 | 8.82%₹ 11,847 | 5.20%₹ 25,315 | 10.36%₹ 13,445 | 10.07%₹ 41,891 | 8.09%₹ 14,754 | 9.72%₹ 76,669 | - | - |
| HDFC Balanced Advantage Fund | -0.69%₹ 9,930 | 1.56%₹ 10,156 | 8.41%₹ 10,840 | 12.91%₹ 11,290 | 15.65%₹ 12,999 | 22.09%₹ 14,923 | 16.12%₹ 28,156 | 17.48%₹ 16,223 | 22.24%₹ 49,831 | 10.60%₹ 16,551 | 16.40%₹ 90,449 | 12.84%₹ 33,497 | 14.05%₹ 2,50,195 |
| Union Balanced Advantage Fund | -0.72%₹ 9,928 | -0.33%₹ 9,967 | 2.07%₹ 10,207 | 2.48%₹ 10,248 | 3.63%₹ 12,236 | 5.79%₹ 11,195 | 3.68%₹ 24,928 | 11.01%₹ 13,682 | 8.37%₹ 40,858 | 8.92%₹ 15,331 | 9.42%₹ 76,088 | - | - |
Portfolio Holdings
Top Sector Holdings of Principal Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 13.39% | ₹ 218.91 Cr. |
| Computers - Software | 7.23% | ₹ 117.12 Cr. |
| Refineries/Marketing | 5.98% | ₹ 96.84 Cr. |
| Housing Finance | 3.26% | ₹ 52.72 Cr. |
| Pharmaceuticals | 2.75% | ₹ 47.54 Cr. |
| Others | 67.39% | - |
Top Stock Holdings of Principal Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 5.08% | ₹ 82.27 Cr. |
| ICICI Bank Ltd. | 4.16% | ₹ 67.32 Cr. |
| Infosys Ltd. | 3.69% | ₹ 59.76 Cr. |
| State Bank Of India | 3.38% | ₹ 54.69 Cr. |
| Housing Development Finance Corporation Ltd. | 3.26% | ₹ 52.72 Cr. |
| Others | 80.43% | - |
Top Debt Instrument Type holdings of Principal Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 10.02% | ₹ 162.28 Cr. |
| GOI | 3.54% | ₹ 57.34 Cr. |
| CP | 0.98% | ₹ 15.93 Cr. |
| T-Bills | 0.04% | ₹ .62 Cr. |
| Others | 85.42% | - |
Top Debt Holdings of Principal Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 3.54% | ₹ 57.34 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 2.82% | ₹ 45.60 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 1.76% | ₹ 28.51 Cr. |
| Bond - Rural Electrification Corporation Limited | 1.76% | ₹ 28.49 Cr. |
| Bond - Hindustan Petroleum Corporation Ltd. | 1.54% | ₹ 24.90 Cr. |
| Others | 88.58% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Margin | 6.43% |
| Net Receivables | 4.01% |
| InvITs | 3.49% |
| TREPS | 1.09% |
| Reverse Repo | 0.59% |