Fund Performance
Lumpsum
SIP
8.88
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,909 today.
NAV Performance
Fund Information
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₹ 28.854
as on 28 Nov 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 1,530 Cr.
as on 31 May 2023 -
2.07%
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16 Dec 2010
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Nifty 50
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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 ₹ 28.854 as on 28 Nov 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
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About Dwijendra Srivastava
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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.
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About 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 | 5.25% | 7.14% | 21.73% | 25.12% | 20.31% | 25.46% | 16.62% | 16.21% | 33.92% | 24.56% | 22.55% | 21.17% | 15.77% |
| Category Average | 2.74% | 3.21% | 8.39% | 11.62% | 8.65% | 10.92% | 10.28% | 12.06% | 16.79% | 12.36% | 10.70% | 11.51% | 10.61% |
| Principal Balanced Advantage Fund | 2.82%₹ 10,281 | 2.72%₹ 10,272 | 7.50%₹ 10,749 | 7.87%₹ 10,787 | 13.15%₹ 12,839 | 7.41%₹ 11,541 | 10.30%₹ 26,625 | 8.88%₹ 12,909 | 9.05%₹ 41,263 | 7.25%₹ 14,192 | 8.82%₹ 74,943 | 9.48%₹ 24,745 | 7.60%₹ 1,77,518 |
| HDFC Balanced Advantage Fund | 5.25%₹ 10,525 | 7.14%₹ 10,714 | 17.39%₹ 11,738 | 21.25%₹ 12,125 | 30.52%₹ 13,905 | 20.31%₹ 14,489 | 24.56%₹ 30,415 | 25.46%₹ 19,761 | 22.55%₹ 50,023 | 16.62%₹ 21,576 | 21.17%₹ 1,01,575 | 16.21%₹ 44,963 | 15.77%₹ 2,74,313 |
| ICICI Prudential Balanced Advantage Fund | 2.79%₹ 10,278 | 4.15%₹ 10,414 | 8.55%₹ 10,854 | 11.63%₹ 11,162 | 15.98%₹ 13,016 | 10.11%₹ 12,130 | 12.65%₹ 27,235 | 12.93%₹ 14,406 | 11.74%₹ 42,919 | 11.83%₹ 17,498 | 12.79%₹ 82,727 | 12.32%₹ 31,965 | 11.27%₹ 2,15,628 |
| Edelweiss Balanced Advantage Fund | 3.15%₹ 10,314 | 3.02%₹ 10,301 | 8.16%₹ 10,815 | 9.95%₹ 10,995 | 15.49%₹ 12,985 | 7.47%₹ 11,553 | 11.40%₹ 26,910 | 12.56%₹ 14,263 | 10.37%₹ 42,066 | 12.66%₹ 18,156 | 12.92%₹ 82,990 | 11.95%₹ 30,951 | 11.27%₹ 2,15,605 |
| Kotak Balance Advantage Fund | 2.57%₹ 10,256 | 2.57%₹ 10,257 | 6.51%₹ 10,651 | 10.39%₹ 11,038 | 13.37%₹ 12,853 | 7.70%₹ 11,604 | 10.79%₹ 26,751 | 10.35%₹ 13,440 | 9.59%₹ 41,591 | 10.86%₹ 16,752 | 11.00%₹ 79,129 | - | - |
| Union Balanced Advantage Fund | 2.75%₹ 10,275 | 2.57%₹ 10,256 | 6.27%₹ 10,626 | 8.74%₹ 10,874 | 11.94%₹ 12,763 | 6.10%₹ 11,260 | 9.11%₹ 26,316 | 8.40%₹ 12,738 | 7.84%₹ 40,529 | 10.61%₹ 16,558 | 10.28%₹ 77,718 | - | - |
Portfolio Holdings
Top Sector Holdings of Principal Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 22.45% | ₹ 355.05 Cr. |
| Computers - Software | 5.46% | ₹ 84.85 Cr. |
| Refineries/Marketing | 5.16% | ₹ 80.27 Cr. |
| Housing Finance | 3.40% | ₹ 52.83 Cr. |
| Pharmaceuticals | 2.04% | ₹ 37.50 Cr. |
| Others | 61.49% | - |
Top Stock Holdings of Principal Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| HDFC Bank Ltd. | 8.36% | ₹ 130.04 Cr. |
| ICICI Bank Ltd. | 6.67% | ₹ 103.66 Cr. |
| Reliance Industries Ltd. | 5.16% | ₹ 80.27 Cr. |
| Housing Development Finance Corporation Ltd. | 3.40% | ₹ 52.83 Cr. |
| Infosys Ltd. | 3.39% | ₹ 52.73 Cr. |
| Others | 73.02% | - |
Top Debt Instrument Type holdings of Principal Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 11.52% | ₹ 178.96 Cr. |
| NCD & Bonds | 9.33% | ₹ 144.75 Cr. |
| T-Bills | 3.20% | ₹ 49.82 Cr. |
| Others | 75.95% | - |
Top Debt Holdings of Principal Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 11.52% | ₹ 178.96 Cr. |
| Bond - T-Bill | 3.20% | ₹ 49.82 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 2.89% | ₹ 44.87 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 2.13% | ₹ 33.08 Cr. |
| Bond - LIC Housing Finance Ltd. | 1.96% | ₹ 30.40 Cr. |
| Others | 78.30% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| InvITs | 2.98% |
| Margin | 0.73% |
| TREPS | 0.54% |
| Net Receivables | 0.47% |