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Principal Equity Savings Fund

Principal Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.70

as on 01 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,326 today.

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NAV Performance

Principal Equity Savings Fund performance graph for last 3 years
Performance of Principal Equity Savings Fund for last 3 Years

Fund Information

  • ₹ 52.881

    as on 01 Dec 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 125 Cr.

    as on 31 Dec 2021
  • 2.43%

  • 23 May 2002

  • Hybrid - Equity Savings

  • Nifty 50

  • Principal Mutual Fund

    Show All Funds

Highlights of this fund

Principal Equity Savings Fund is an Open-ended Hybrid Fund. The fund belongs to Equity Savings 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 23 May 2002. 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 ₹ 52.881 as on 01 Dec 2022.

This fund has 20 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.43%. 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 investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.

List of Fund Managers of Principal Equity Savings Fund

  • About Sudhir Kedia

    Picture of Sudhir KediaMr. Kedia's professional experience extends to more than 12 years with his primary responsibility comprising Fund Management & Investment Analysis. He was previously associated with ASK Investments.
  • About Gurvinder Singh Wasan

    Picture of Gurvinder Singh WasanGurvinder Singh Wasan is a Fund Manager at Principal Mutual Fund. He brings with him over 15 years of work experience in Fixed Income markets, credit analysis and structured finance. Prior to joining Principal Mutual Fund, he worked with CRISIL Limited and ICICI Bank Limited. Wasan holds a post-graduate degree in Commerce (Masters in Commerce). He is a Chartered Accountant (CA) and a CFA (from CFA institute USA) as well.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately 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 1.95% 3.80% 7.40% 8.08% 13.81% 12.70% 9.04% 9.43% 11.25% 10.14% 13.31% 11.38% 9.59%
Category Average 1.09% 2.40% 5.53% 4.84% 9.52% 8.67% 6.96% 7.71% 7.57% 7.26% 9.73% 8.53% 7.89%
Principal Equity Savings Fund 0.78%₹ 10,078 2.43%₹ 10,242 6.81%₹ 10,681 6.08%₹ 10,608 9.30%₹ 12,595 13.09%₹ 12,790 10.08%₹ 26,562 12.70%₹ 14,326 13.31%₹ 43,895 9.04%₹ 15,419 11.38%₹ 79,874 8.24%₹ 22,089 9.32%₹ 1,94,388
HDFC Equity Savings Fund 1.54%₹ 10,154 3.33%₹ 10,332 7.10%₹ 10,709 7.30%₹ 10,730 10.58%₹ 12,676 13.81%₹ 12,953 10.14%₹ 26,578 10.82%₹ 13,620 12.84%₹ 43,599 8.04%₹ 14,725 10.40%₹ 77,938 9.43%₹ 24,640 9.59%₹ 1,97,222
Axis Equity Saver Fund 1.41%₹ 10,141 2.55%₹ 10,255 6.35%₹ 10,634 2.31%₹ 10,231 7.04%₹ 12,452 8.95%₹ 11,870 6.58%₹ 25,662 8.62%₹ 12,823 9.48%₹ 41,517 8.25%₹ 14,866 8.78%₹ 74,860 - -
SBI Equity Savings Fund 0.22%₹ 10,021 1.83%₹ 10,182 4.72%₹ 10,471 3.41%₹ 10,340 5.73%₹ 12,368 9.78%₹ 12,050 6.48%₹ 25,637 9.49%₹ 13,135 10.02%₹ 41,848 7.76%₹ 14,535 9.14%₹ 75,538 - -
Aditya Birla Sun Life Equity Savings Fund 0.86%₹ 10,086 2.27%₹ 10,226 5.65%₹ 10,564 0.46%₹ 10,045 4.82%₹ 12,311 7.69%₹ 11,596 4.57%₹ 25,150 7.74%₹ 12,512 8.00%₹ 40,621 6.17%₹ 13,491 7.58%₹ 72,648 - -
Kotak Equity Savings Fund 1.27%₹ 10,127 3.27%₹ 10,327 6.13%₹ 10,613 7.66%₹ 10,765 10.02%₹ 12,641 10.20%₹ 12,144 9.44%₹ 26,397 9.65%₹ 13,191 10.93%₹ 42,406 8.38%₹ 14,958 9.64%₹ 76,478 - -

Portfolio Holdings

Portfolio holdings pattern of Principal Equity Savings Fund as on 02 Dec 2022 are listed below:

  • Equity Holdings:

    59.70%
  • Debt Holdings:

    15.84%
  • Others Holdings:

    24.43%

Top Sector Holdings of Principal Equity Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 13.13% ₹ 40.73 Cr.
Computers - Software 5.43% ₹ 16.40 Cr.
Diversified 3.80% ₹ 11.44 Cr.
Refineries/Marketing 3.72% ₹ 11.21 Cr.
Housing Finance 3.47% ₹ 10.47 Cr.
Others 70.45% -

Top Stock Holdings of Principal Equity Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 4.32% ₹ 12.99 Cr.
Hindustan Unilever Ltd. 3.80% ₹ 11.44 Cr.
Reliance Industries Ltd. 3.07% ₹ 9.24 Cr.
Housing Development Finance Corporation Ltd. 2.98% ₹ 8.99 Cr.
Infosys Ltd. 2.97% ₹ 8.93 Cr.
Others 82.86% -

Top Debt Instrument Type holdings of Principal Equity Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 11.70% ₹ 35.24 Cr.
NCD & Bonds 4.07% ₹ 12.23 Cr.
T-Bills 0.07% ₹ .20 Cr.
Others 84.16% -

Top Debt Holdings of Principal Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 11.70% ₹ 35.24 Cr.
Bond - Rural Electrification Corporation Limited 2.54% ₹ 7.63 Cr.
Bond - Housing Development Finance Corporation Ltd. 1.01% ₹ 3.03 Cr.
Bond - Indian Railway Finance Corporation Ltd. 0.18% ₹ .53 Cr.
Bond - National Thermal Power Corporation Ltd. 0.17% ₹ .52 Cr.
Others 84.40%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 14.90%
Margin 5.76%
InvITs 2.07%
TREPS 0.89%
Reverse Repo 0.48%