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Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.83

as on 31 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,538 today.

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NAV Performance

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

Fund Information

  • ₹ 26.055

    as on 31 Jan 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 299 Cr.

    as on 31 Dec 2021
  • 2.49%

  • 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 ₹ 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

  • 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% 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

Portfolio holdings pattern of Principal Balanced Advantage Fund as on 01 Feb 2023 are listed below:

  • Equity Holdings:

    69.74%
  • Debt Holdings:

    14.58%
  • Others Holdings:

    15.68%

Top Sector Holdings of Principal Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
Margin 6.43%
Net Receivables 4.01%
InvITs 3.49%
TREPS 1.09%
Reverse Repo 0.59%