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Principal Equity Savings Fund

Principal Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

13.29

as on 20 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,549 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

  • ₹ 50.297

    as on 20 Oct 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 69 Cr.

    as on 20 Oct 2021
  • 2.39%

    since 31 May 2021
  • 23 May 2002

  • Hybrid - Equity Savings

  • Nifty 50

  • Principal Mutual Fund

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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 ₹ 50.297 as on 20 Oct 2021.

This fund has 19 years of track record. Since 31 May 2021 expense ratio of this fund is 2.39%. 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 3.07% 8.39% 16.21% 30.67% 17.82% 15.09% 10.22% 10.06% 29.18% 25.54% 19.72% 13.34% 10.56%
Category Average 1.58% 5.31% 11.17% 21.93% 12.46% 10.73% 7.98% 8.38% 20.01% 18.08% 14.25% 9.95% 8.78%
Principal Equity Savings Fund 2.39%₹ 10,238 7.62%₹ 10,762 15.69%₹ 11,568 29.14%₹ 12,913 27.68%₹ 13,727 17.36%₹ 13,791 24.17%₹ 30,301 13.29%₹ 14,549 18.52%₹ 47,287 10.01%₹ 16,115 13.22%₹ 83,597 8.75%₹ 23,158 10.00%₹ 2,01,537
Axis Equity Saver Fund 1.36%₹ 10,136 6.53%₹ 10,653 13.98%₹ 11,398 24.51%₹ 12,450 22.85%₹ 13,434 13.40%₹ 12,872 20.03%₹ 29,184 12.80%₹ 14,362 15.75%₹ 45,470 10.10%₹ 16,181 12.20%₹ 81,517 - -
Kotak Equity Savings Fund 1.91%₹ 10,191 5.21%₹ 10,520 9.23%₹ 10,922 16.82%₹ 11,682 16.16%₹ 13,024 11.57%₹ 12,458 15.39%₹ 27,952 10.54%₹ 13,514 12.74%₹ 43,543 9.11%₹ 15,470 10.33%₹ 77,814 - -
SBI Equity Savings Fund 1.11%₹ 10,111 4.77%₹ 10,477 10.44%₹ 11,044 23.59%₹ 12,359 18.83%₹ 13,188 13.61%₹ 12,919 19.12%₹ 28,942 12.46%₹ 14,231 15.39%₹ 45,236 8.77%₹ 15,226 11.34%₹ 79,784 - -
Aditya Birla Sun Life Equity Savings Fund 0.68%₹ 10,068 5.67%₹ 10,567 10.49%₹ 11,048 23.95%₹ 12,394 20.11%₹ 13,267 13.61%₹ 12,919 18.96%₹ 28,898 11.94%₹ 14,036 15.18%₹ 45,103 8.24%₹ 14,861 10.81%₹ 78,754 - -
ICICI Prudential Equity Savings Fund 1.14%₹ 10,113 3.24%₹ 10,324 5.83%₹ 10,583 17.39%₹ 11,738 13.03%₹ 12,829 8.76%₹ 11,837 12.57%₹ 27,213 9.02%₹ 12,964 10.42%₹ 42,100 7.68%₹ 14,476 8.67%₹ 74,657 - -

Portfolio Holdings

Portfolio holdings pattern of Principal Equity Savings Fund as on 21 Oct 2021 are listed below:

  • Equity Holdings:

    67.00%
  • Debt Holdings:

    13.40%
  • Others Holdings:

    19.60%

Top Sector Holdings of Principal Equity Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 16.80% ₹ 11.63 Cr.
Passenger/Utility vehicles 7.91% ₹ 5.47 Cr.
Computers - Software 5.39% ₹ 3.73 Cr.
Cables - Electricals 4.82% ₹ 3.33 Cr.
Housing Finance 4.51% ₹ 3.12 Cr.
Others 60.57% -

Top Stock Holdings of Principal Equity Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
Maruti Suzuki India Ltd. 7.91% ₹ 5.47 Cr.
ICICI Bank Ltd. 5.03% ₹ 3.48 Cr.
Polycab India Limited 4.82% ₹ 3.33 Cr.
Housing Development Finance Corporation Ltd. 4.51% ₹ 3.12 Cr.
HDFC Bank Ltd. 2.95% ₹ 2.04 Cr.
Others 74.78% -

Top Debt Instrument Type holdings of Principal Equity Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 7.16% ₹ 4.95 Cr.
NCD & Bonds 5.97% ₹ 4.13 Cr.
T-Bills 0.27% ₹ .19 Cr.
Others 86.60% -

Top Debt Holdings of Principal Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 7.16% ₹ 4.95 Cr.
Bond - Housing Development Finance Corporation Ltd. 1.47% ₹ 1.01 Cr.
Bond - Ultratech Cement Ltd. 1.45% ₹ 1.00 Cr.
Bond - Indian Railway Finance Corporation Ltd. 0.78% ₹ .54 Cr.
Bond - National Thermal Power Corporation Ltd. 0.77% ₹ .53 Cr.
Others 88.37%

Other Holdings

Holding TypeHolding Percentage
TREPS 8.94%
Net Receivables 7.19%
FD 2.17%
Warrants 1.30%