Fund Performance
Lumpsum
SIP
12.49
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,233 today.
NAV Performance
Fund Information
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₹ 59.366
as on 08 Dec 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 414 Cr.
as on 31 May 2023 -
2.37%
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23 May 2002
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Nifty 50
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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 ₹ 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
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About Sudhir Kedia
Mr. 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.
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About Gurvinder Singh Wasan
Gurvinder 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
Top Sector Holdings of Principal Equity Savings Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 10.66% |
| Margin | 3.11% |
| Net Receivables | 0.11% |