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Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.64

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,914 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

  • ₹ 26.842

    as on 26 May 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,530 Cr.

    as on 31 Mar 2023
  • 2.07%

  • 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 ₹ 26.842 as on 26 May 2023.

This fund has 12 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.07%. 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 Dwijendra Srivastava

    Picture of Dwijendra Srivastava
  • 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.
  • About S Bharath

    Picture of S Bharath

Riskometer : Risk associated with this fund

Investors understand that their principal will be at High 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 4.13% 5.42% 6.22% 25.12% 15.89% 30.25% 13.17% 14.32% 18.13% 15.81% 20.88% 17.21% 14.27%
Category Average 2.40% 3.69% 2.21% 11.69% 7.62% 14.87% 8.19% 11.47% 10.94% 7.13% 9.31% 9.50% 10.09%
Principal Balanced Advantage Fund 2.55%₹ 10,254 3.65%₹ 10,365 0.63%₹ 10,062 11.23%₹ 11,123 9.05%₹ 12,576 6.35%₹ 11,311 6.33%₹ 25,595 11.64%₹ 13,914 7.54%₹ 40,334 6.12%₹ 13,461 7.23%₹ 71,989 9.27%₹ 24,290 7.27%₹ 1,74,440
HDFC Balanced Advantage Fund 2.18%₹ 10,217 5.42%₹ 10,541 3.64%₹ 10,364 19.88%₹ 11,988 18.13%₹ 13,139 15.89%₹ 13,429 15.81%₹ 28,048 30.25%₹ 22,094 20.88%₹ 48,836 13.17%₹ 18,574 17.21%₹ 92,169 14.32%₹ 38,192 14.27%₹ 2,52,973
ICICI Prudential Balanced Advantage Fund 2.24%₹ 10,223 3.56%₹ 10,356 2.99%₹ 10,299 11.32%₹ 11,131 10.71%₹ 12,680 9.13%₹ 11,909 8.84%₹ 26,236 19.03%₹ 16,865 11.54%₹ 42,775 10.20%₹ 16,260 11.58%₹ 80,248 12.19%₹ 31,622 10.98%₹ 2,12,232
Edelweiss Balanced Advantage Fund 3.36%₹ 10,335 4.32%₹ 10,432 1.94%₹ 10,193 11.38%₹ 11,137 11.58%₹ 12,734 7.94%₹ 11,651 6.97%₹ 25,757 18.28%₹ 16,545 10.46%₹ 42,105 10.81%₹ 16,713 11.96%₹ 81,004 11.12%₹ 28,726 10.90%₹ 2,11,338
Kotak Balance Advantage Fund 2.77%₹ 10,276 4.09%₹ 10,408 3.85%₹ 10,385 11.66%₹ 11,165 12.41%₹ 12,786 7.69%₹ 11,597 8.03%₹ 26,027 17.02%₹ 16,025 9.79%₹ 41,695 - - - -
Union Balanced Advantage Fund 2.27%₹ 10,226 3.40%₹ 10,340 2.46%₹ 10,246 9.42%₹ 10,941 9.38%₹ 12,596 5.63%₹ 11,158 5.83%₹ 25,465 16.28%₹ 15,721 7.95%₹ 40,580 9.61%₹ 15,831 9.82%₹ 76,814 - -

Portfolio Holdings

Portfolio holdings pattern of Principal Balanced Advantage Fund as on 28 May 2023 are listed below:

  • Equity Holdings:

    69.49%
  • Debt Holdings:

    24.17%
  • Others Holdings:

    6.35%

Top Sector Holdings of Principal Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 22.10% ₹ 338.21 Cr.
Computers - Software 5.96% ₹ 91.16 Cr.
Refineries/Marketing 4.95% ₹ 75.76 Cr.
Housing Finance 3.18% ₹ 48.60 Cr.
Pharmaceuticals 2.76% ₹ 42.38 Cr.
Others 61.05% -

Top Stock Holdings of Principal Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 8.49% ₹ 129.94 Cr.
ICICI Bank Ltd. 6.13% ₹ 93.78 Cr.
Reliance Industries Ltd. 4.95% ₹ 75.76 Cr.
Infosys Ltd. 4.06% ₹ 62.12 Cr.
Housing Development Finance Corporation Ltd. 3.18% ₹ 48.60 Cr.
Others 73.19% -

Top Debt Instrument Type holdings of Principal Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 9.79% ₹ 149.42 Cr.
GOI 9.58% ₹ 146.49 Cr.
T-Bills 3.22% ₹ 49.24 Cr.
CD 1.58% ₹ 24.21 Cr.
Others 75.83% -

Top Debt Holdings of Principal Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 9.58% ₹ 146.49 Cr.
Bond - T-Bill 3.22% ₹ 49.24 Cr.
Bond - National Bank for Agriculture & Rural Development 2.48% ₹ 37.82 Cr.
Bond - Housing Development Finance Corporation Ltd. 2.26% ₹ 34.64 Cr.
Bond - LIC Housing Finance Ltd. 1.96% ₹ 29.95 Cr.
Others 80.50%

Other Holdings

Holding TypeHolding Percentage
InvITs 3.47%
Margin 1.75%
TREPS 0.98%
Reverse Repo 0.10%
Net Receivables 0.05%