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Principal Balanced Advantage Fund

Principal Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

8.88

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,909 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

  • ₹ 28.854

    as on 28 Nov 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,530 Cr.

    as on 31 May 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 ₹ 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

  • 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 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

Portfolio holdings pattern of Principal Balanced Advantage Fund as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    71.25%
  • Debt Holdings:

    24.05%
  • Others Holdings:

    4.72%

Top Sector Holdings of Principal Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
InvITs 2.98%
Margin 0.73%
TREPS 0.54%
Net Receivables 0.47%