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Principal Retirement Savings Fund Progressive

Principal Retirement Savings Fund Progressive

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.04

as on 24 Dec 2020

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,266 today.

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NAV Performance

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

Fund Information

  • ₹ 15.514

    as on 24 Dec 2020
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 2 Cr.

    as on 24 Dec 2020
  • 2.26%

    since 30 Nov 2020
  • 14 Dec 2015

  • Hybrid - Retirement Fund

  • Nifty 50

  • principal mutual fund

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Highlights of this fund

Principal Retirement Savings Fund Progressive is an Open-ended Hybrid Fund. The fund belongs to Retirement Fund 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 14 Dec 2015. 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 ₹ 15.514 as on 24 Dec 2020.

This fund has 5 years of track record. Since 30 Nov 2020 expense ratio of this fund is 2.26%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 2,000. 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 generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.

List of Fund Managers of Principal Retirement Savings Fund Progressive

  • 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.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Low 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 9.54% 22.50% 30.48% 73.13% 22.34% 15.36% 16.80% % 74.11% 43.37% 28.82% 19.11% %
Category Average 3.69% 5.08% 11.85% 26.87% 10.06% 7.94% 9.84% % 27.56% 18.35% 16.08% 11.65% %
Principal Retirement Savings Fund Progressive 4.10%₹ 10,409 22.50%₹ 12,250 29.22%₹ 12,921 - - - - - - - - - -
HDFC Retirement Savings Fund - Equity Plan 9.54%₹ 10,954 13.28%₹ 11,328 30.48%₹ 13,047 73.13%₹ 17,312 74.11%₹ 16,389 22.34%₹ 14,975 43.37%₹ 35,668 15.36%₹ 15,370 28.82%₹ 54,473 16.80%₹ 21,742 19.11%₹ 96,583 - -
HDFC Retirement Savings Fund - Hybrid - Equity Plan 6.42%₹ 10,642 7.48%₹ 10,747 21.28%₹ 12,128 51.62%₹ 15,161 49.88%₹ 15,027 17.16%₹ 13,733 31.56%₹ 32,326 13.75%₹ 14,735 22.32%₹ 49,855 15.20%₹ 20,299 16.10%₹ 89,728 - -
Nippon India Retirement Fund - Income Generation Scheme 1.40%₹ 10,139 2.36%₹ 10,235 2.84%₹ 10,284 10.06%₹ 11,006 8.57%₹ 12,548 7.74%₹ 11,609 8.64%₹ 26,189 8.79%₹ 12,885 9.04%₹ 41,254 7.76%₹ 14,531 7.59%₹ 72,657 - -
HDFC Retirement Savings Fund - Hybrid - Debt Plan 2.30%₹ 10,229 3.90%₹ 10,389 6.55%₹ 10,655 16.44%₹ 11,643 15.42%₹ 12,976 9.52%₹ 11,997 12.19%₹ 27,110 8.50%₹ 12,779 10.53%₹ 42,163 8.59%₹ 15,103 8.54%₹ 74,408 - -
Tata Retirement Saving Fund 2.37%₹ 10,237 2.75%₹ 10,275 4.78%₹ 10,477 15.25%₹ 11,524 13.04%₹ 12,827 9.61%₹ 12,018 11.84%₹ 27,019 8.24%₹ 12,689 10.44%₹ 42,108 9.09%₹ 15,455 8.70%₹ 74,708 - -

Portfolio Holdings

Portfolio holdings pattern of Principal Retirement Savings Fund Progressive as on 13 Jun 2021 are listed below:

  • Equity Holdings:

    89.05%
  • Debt Holdings:

    0.39%
  • Others Holdings:

    10.56%

Top Sector Holdings of Principal Retirement Savings Fund Progressive

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.39% ₹ .32 Cr.
Refineries/marketing 6.26% ₹ .16 Cr.
Computers - software 5.72% ₹ .15 Cr.
Others 75.63% -

Top Stock Holdings of Principal Retirement Savings Fund Progressive

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 8.10% ₹ .21 Cr.
Reliance Industries Ltd. 6.26% ₹ .16 Cr.
Infosys Ltd. 5.72% ₹ .15 Cr.
ICICI Bank Ltd. 4.29% ₹ .11 Cr.
Others 75.63% -

Top Debt Instrument Type holdings of Principal Retirement Savings Fund Progressive

Instrument TypeHolding PercentageHolding Values in Crore
T-Bills 0.39% ₹ .01 Cr.
Others 99.61% -

Top Debt Holdings of Principal Retirement Savings Fund Progressive

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 0.39% ₹ .01 Cr.
Others 99.61%

Other Holdings

Holding TypeHolding Percentage
TREPS 9.72%
Net Receivables 0.84%