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Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.32

as on 30 Jul 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,021 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

  • ₹ 24.380

    as on 30 Jul 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 214 Cr.

    as on 30 Jul 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 ₹ 24.380 as on 30 Jul 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 2.99% 11.96% 21.16% 49.61% 21.83% 12.92% 12.80% 12.40% 48.37% 31.33% 20.65% 15.26% 13.56%
Category Average 1.45% 5.88% 9.77% 22.79% 14.09% 9.12% 9.28% 11.36% 21.85% 18.64% 14.27% 10.92% 11.85%
Principal Balanced Advantage Fund 1.16%₹ 10,116 4.82%₹ 10,481 7.92%₹ 10,792 14.68%₹ 11,467 15.23%₹ 12,963 9.66%₹ 12,027 13.18%₹ 27,367 6.32%₹ 12,021 9.67%₹ 41,635 6.64%₹ 13,797 7.55%₹ 72,589 9.44%₹ 24,676 8.84%₹ 1,89,511
Aditya Birla Sun Life Balanced Advantage Fund 1.94%₹ 10,193 7.09%₹ 10,709 11.89%₹ 11,188 30.00%₹ 12,999 28.14%₹ 13,750 16.73%₹ 13,631 23.02%₹ 29,980 11.72%₹ 13,947 17.30%₹ 46,470 10.38%₹ 16,392 12.45%₹ 82,000 - -
Edelweiss Balanced Advantage Fund 1.98%₹ 10,197 7.62%₹ 10,762 13.29%₹ 11,328 31.61%₹ 13,160 29.90%₹ 13,855 21.83%₹ 14,849 26.40%₹ 30,900 12.92%₹ 14,403 20.37%₹ 48,517 12.22%₹ 17,811 15.26%₹ 87,888 11.54%₹ 29,842 12.54%₹ 2,30,632
ICICI Prudential Balanced Advantage Fund 0.97%₹ 10,097 4.94%₹ 10,494 10.40%₹ 11,040 26.39%₹ 12,638 22.94%₹ 13,436 15.16%₹ 13,267 20.19%₹ 29,221 11.22%₹ 13,763 15.78%₹ 45,481 10.45%₹ 16,443 12.23%₹ 81,559 12.40%₹ 32,229 12.45%₹ 2,29,481
DSP Dynamic Asset Allocation Fund 1.34%₹ 10,133 4.92%₹ 10,492 7.65%₹ 10,765 19.17%₹ 11,916 17.89%₹ 13,127 13.29%₹ 12,838 16.07%₹ 28,126 10.47%₹ 13,485 13.40%₹ 43,953 8.76%₹ 15,227 10.48%₹ 78,089 - -
L&T Balanced Advantage Fund 1.34%₹ 10,134 4.13%₹ 10,412 6.66%₹ 10,665 14.49%₹ 11,449 13.66%₹ 12,865 11.68%₹ 12,475 14.05%₹ 27,594 8.30%₹ 12,706 11.57%₹ 42,807 8.26%₹ 14,880 9.40%₹ 76,018 - -

Portfolio Holdings

Portfolio holdings pattern of Principal Balanced Advantage Fund as on 31 Jul 2021 are listed below:

  • Equity Holdings:

    65.34%
  • Debt Holdings:

    14.71%
  • Others Holdings:

    19.95%

Top Sector Holdings of Principal Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 16.42% ₹ 35.18 Cr.
Computers - software 6.71% ₹ 14.37 Cr.
Refineries/marketing 5.46% ₹ 11.68 Cr.
Pharmaceuticals 5.11% ₹ 10.94 Cr.
Passenger/utility vehicles 3.81% ₹ 8.17 Cr.
Others 62.49% -

Top Stock Holdings of Principal Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.74% ₹ 12.30 Cr.
Reliance Industries Ltd. 4.25% ₹ 9.10 Cr.
Infosys Ltd. 3.69% ₹ 7.90 Cr.
Axis Bank Ltd. 3.40% ₹ 7.28 Cr.
State Bank Of India 3.15% ₹ 6.74 Cr.
Others 79.77% -

Top Debt Instrument Type holdings of Principal Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 8.91% ₹ 19.09 Cr.
NCD & Bonds 5.52% ₹ 11.83 Cr.
T-Bills 0.28% ₹ .61 Cr.
Others 85.29% -

Top Debt Holdings of Principal Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.91% ₹ 19.09 Cr.
Bond - HDB Financial Services Ltd. 1.21% ₹ 2.59 Cr.
Bond - Indian Railway Finance Corporation Ltd. 0.97% ₹ 2.09 Cr.
Bond - Grasim Industries Limited 0.96% ₹ 2.05 Cr.
Bond - National Thermal Power Corporation Ltd. 0.50% ₹ 1.07 Cr.
Others 87.45%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 11.61%
TREPS 8.34%