MyWealthGrowth.com logo
HomeMutual Funds

Principal Equity Savings Fund

Principal Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.49

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,233 today.

Invest Now

NAV Performance

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

Fund Information

  • ₹ 59.366

    as on 08 Dec 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 414 Cr.

    as on 31 May 2023
  • 2.37%

  • 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 ₹ 59.366 as on 08 Dec 2023.

This fund has 21 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.37%. 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 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 3.84% 4.56% 10.47% 15.08% 10.11% 12.49% 11.20% 9.86% 19.55% 13.48% 11.73% 12.50% 10.04%
Category Average 2.58% 2.82% 7.43% 10.69% 7.25% 9.49% 8.77% 8.26% 14.64% 10.71% 9.30% 9.71% 8.34%
Principal Equity Savings Fund 3.15%₹ 10,315 3.21%₹ 10,320 9.74%₹ 10,973 12.46%₹ 11,246 17.92%₹ 13,133 8.39%₹ 11,748 12.80%₹ 27,271 12.49%₹ 14,233 11.57%₹ 42,810 11.20%₹ 17,009 12.50%₹ 82,114 9.30%₹ 24,348 10.04%₹ 2,01,945
HDFC Equity Savings Fund 3.32%₹ 10,332 3.46%₹ 10,345 8.53%₹ 10,852 11.26%₹ 11,126 15.93%₹ 13,010 8.63%₹ 11,800 12.00%₹ 27,063 12.33%₹ 14,173 10.84%₹ 42,358 10.08%₹ 16,175 11.43%₹ 79,962 9.86%₹ 25,632 9.81%₹ 1,99,483
UTI Equity Savings Fund 3.12%₹ 10,312 3.60%₹ 10,359 8.68%₹ 10,867 12.87%₹ 11,286 16.74%₹ 13,061 9.72%₹ 12,039 13.12%₹ 27,356 11.77%₹ 13,962 11.47%₹ 42,749 9.82%₹ 15,982 11.49%₹ 80,092 - -
L&T Equity Savings Fund 2.69%₹ 10,269 2.96%₹ 10,295 8.41%₹ 10,841 14.82%₹ 11,482 18.09%₹ 13,144 8.63%₹ 11,800 12.72%₹ 27,249 11.59%₹ 13,894 11.01%₹ 42,461 9.66%₹ 15,862 11.42%₹ 79,937 9.11%₹ 23,941 8.92%₹ 1,90,271
Mahindra Manulife Equity Savings Dhan Sanchay Yojana 3.55%₹ 10,354 3.22%₹ 10,322 10.47%₹ 11,047 11.21%₹ 11,121 17.74%₹ 13,122 7.17%₹ 11,485 11.72%₹ 26,990 11.23%₹ 13,762 10.11%₹ 41,908 10.83%₹ 16,729 11.45%₹ 79,999 - -
Mirae Asset Equity Savings Fund 3.49%₹ 10,349 3.09%₹ 10,309 8.44%₹ 10,844 11.44%₹ 11,143 16.18%₹ 13,026 7.80%₹ 11,620 11.89%₹ 27,033 11.13%₹ 13,724 11.70%₹ 80,496 - - - -

Portfolio Holdings

Portfolio holdings pattern of Principal Equity Savings Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    70.87%
  • Debt Holdings:

    15.27%
  • Others Holdings:

    13.88%

Top Sector Holdings of Principal Equity Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 22.44% ₹ 103.95 Cr.
Housing Finance 6.48% ₹ 30.05 Cr.
Computers - Software 5.72% ₹ 26.49 Cr.
NBFC 4.29% ₹ 19.85 Cr.
Passenger/Utility vehicles 3.43% ₹ 15.90 Cr.
Others 57.64% -

Top Stock Holdings of Principal Equity Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 7.25% ₹ 33.57 Cr.
Housing Development Finance Corporation Ltd. 6.48% ₹ 30.05 Cr.
ICICI Bank Ltd. 6.20% ₹ 28.73 Cr.
Infosys Ltd. 4.72% ₹ 21.87 Cr.
Tech Mahindra Ltd. 3.19% ₹ 14.79 Cr.
Others 72.16% -

Top Debt Instrument Type holdings of Principal Equity Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 6.58% ₹ 30.50 Cr.
GOI 4.40% ₹ 20.37 Cr.
T-Bills 4.29% ₹ 19.88 Cr.
Others 84.73% -

Top Debt Holdings of Principal Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 4.40% ₹ 20.37 Cr.
Bond - T-Bill 4.29% ₹ 19.88 Cr.
Bond - Small Industries Development Bank Of India 3.24% ₹ 15.01 Cr.
Bond - National Bank for Agriculture & Rural Development 2.16% ₹ 10.01 Cr.
Bond - LIC Housing Finance Ltd. 1.07% ₹ 4.98 Cr.
Others 84.84%

Other Holdings

Holding TypeHolding Percentage
TREPS 10.66%
Margin 3.11%
Net Receivables 0.11%