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Principal SIP Funds or Principal PNB SIP is an essential way to invest in Mutual Fund schemes. It is a smart tool that helps in achieving Financial goals or investment needs of an investor. It is also a technique that helps in diversifying the Portfolio. You can invest a small sum of money at a stipulated interval. With Principal SIP Funds you can plan financial goals like retirement, marriage, purchase of a house/car, etc.
Investors keen to invest, here are the best Principal SIP Mutual Funds to invest in Equity Funds. These funds have been shortlisted by undertaking various parameters like AUM, past performances, peer average returns, etc. Taking a SIP route is most efficient in equity funds. Systematic Investing tends to balance the pitfalls of equity investments. Also, it ensures stable returns over the long-run.
Principal Mutual Fund have around 6000 Crore
worth of assets in India.
Globally, The Principal Financial Group (Principal) offers businesses individuals and institutional clients a wide Range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies. Principal has offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. As of March 31, 2014, The Principal Financial Group had $496 billion in total assets under management and serves some 19.2 million customers worldwide.
in 2014, Principal was ranked 298th on Fortune magazine's list of the 500 largest U.S. corporations (May 2014). Principal ranked 528th on the Forbes Global 2000 list, which recognizes the world's biggest and most powerful companies, as measured by a composite ranking for sales profits, assets and market value (as of April 2013)
Four segments comprise the company: Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions.
(Source. Wikipedia).
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Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sub Cat. Principal Global Opportunities Fund Growth ₹47.4362
↓ -0.04 ₹38 2,000 2.9 3.1 25.8 24.8 16.5 Global Principal Multi Cap Growth Fund Growth ₹327.093
↑ 2.33 ₹2,391 100 5.8 21 40.9 22.9 18.2 31.1 Multi Cap Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 100 2.9 13.6 38.9 21.9 19.2 Large & Mid Cap Principal Dividend Yield Fund Growth ₹125.002
↑ 0.39 ₹805 500 7.2 25.7 44.2 21.4 18.6 34 Dividend Yield Principal Nifty 100 Equal Weight Fund Growth ₹158.158
↑ 0.42 ₹69 500 11.4 30.5 49.6 20.8 17 29 Index Fund Principal Tax Savings Fund Growth ₹451.922
↑ 0.82 ₹1,222 500 9.5 19.9 37.1 20.7 16.8 24.5 ELSS Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Dec 21
The investment objective of the Scheme is to provide long term capital appreciation by predominantly investing in overseas mutual fund schemes, and a certain portion of its corpus in Money Market Securities and/or units of Money Market / Liquid Schemes of Principal Mutual Fund. Principal Global Opportunities Fund is a Equity - Global fund was launched on 29 Mar 04. It is a fund with High risk and has given a Below is the key information for Principal Global Opportunities Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of mid cap & small cap companies. Principal Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 12 Nov 08. It is a fund with Moderately High risk and has given a Below is the key information for Principal Emerging Bluechip Fund Returns up to 1 year are on The investment objective of the scheme would be to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield. Principal Dividend Yield Fund is a Equity - Dividend Yield fund was launched on 15 Oct 04. It is a fund with Moderately High risk and has given a Below is the key information for Principal Dividend Yield Fund Returns up to 1 year are on (Erstwhile Principal Index Fund - Nifty) The Scheme plans to invest principally in securities that comprise S&P CNX Nifty (NSE) and subject to tracking errors endeavour to attain results commensurate with the Nifty. Principal Nifty 100 Equal Weight Fund is a Others - Index Fund fund was launched on 27 Jul 99. It is a fund with Moderately High risk and has given a Below is the key information for Principal Nifty 100 Equal Weight Fund Returns up to 1 year are on To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation. Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on 1. Principal Global Opportunities Fund
CAGR/Annualized
return of 9.2% since its launch. Ranked 8 in Global
category. . Principal Global Opportunities Fund
Growth Launch Date 29 Mar 04 NAV (31 Dec 21) ₹47.4362 ↓ -0.04 (-0.09 %) Net Assets (Cr) ₹38 on 30 Nov 21 Category Equity - Global AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.1 Sharpe Ratio 2.31 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 2,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,684 31 Mar 21 ₹15,582 Returns for Principal Global Opportunities Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 0% 3 Month 2.9% 6 Month 3.1% 1 Year 25.8% 3 Year 24.8% 5 Year 16.5% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for Principal Global Opportunities Fund
Name Since Tenure Data below for Principal Global Opportunities Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. Principal Multi Cap Growth Fund
CAGR/Annualized
return of 16% since its launch. Ranked 12 in Multi Cap
category. Return for 2023 was 31.1% , 2022 was -1.6% and 2021 was 46.3% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (23 Apr 24) ₹327.093 ↑ 2.33 (0.72 %) Net Assets (Cr) ₹2,391 on 29 Feb 24 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio 2.43 Information Ratio -0.41 Alpha Ratio -6.42 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,403 31 Mar 21 ₹12,559 31 Mar 22 ₹16,515 31 Mar 23 ₹15,892 31 Mar 24 ₹22,191 Returns for Principal Multi Cap Growth Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 3.8% 3 Month 5.8% 6 Month 21% 1 Year 40.9% 3 Year 22.9% 5 Year 18.2% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.1% 2022 -1.6% 2021 46.3% 2020 15% 2019 3.9% 2018 -8.7% 2017 48.7% 2016 6.4% 2015 2.8% 2014 49.4% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.25 Yr. Sudhir Kedia 1 Jan 22 2.25 Yr. Data below for Principal Multi Cap Growth Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 26.76% Industrials 16.27% Consumer Cyclical 14% Technology 7.41% Health Care 6.76% Consumer Defensive 5.38% Energy 5.07% Basic Materials 4.5% Communication Services 4.16% Utility 2.74% Real Estate 2.05% Asset Allocation
Asset Class Value Cash 4.88% Equity 95.11% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE5% ₹121 Cr 415,206
↑ 12,207 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹106 Cr 1,002,964
↓ -96,945 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK4% ₹96 Cr 682,220
↑ 33,477 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | 5328103% ₹80 Cr 2,005,945
↑ 229,444 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5322153% ₹79 Cr 734,102
↑ 11,087 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB3% ₹69 Cr 189,783 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Jul 23 | SUNPHARMA3% ₹66 Cr 421,000 NTPC Ltd (Utilities)
Equity, Since 31 Mar 23 | 5325553% ₹66 Cr 1,955,077
↓ -250,000 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328143% ₹62 Cr 1,176,997 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY2% ₹58 Cr 344,063 3. Principal Emerging Bluechip Fund
CAGR/Annualized
return of 24.8% since its launch. Ranked 1 in Large & Mid Cap
category. . Principal Emerging Bluechip Fund
Growth Launch Date 12 Nov 08 NAV (31 Dec 21) ₹183.316 ↑ 2.03 (1.12 %) Net Assets (Cr) ₹3,124 on 30 Nov 21 Category Equity - Large & Mid Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 2.74 Information Ratio 0.22 Alpha Ratio 2.18 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,830 31 Mar 21 ₹13,744 Returns for Principal Emerging Bluechip Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 2.9% 3 Month 2.9% 6 Month 13.6% 1 Year 38.9% 3 Year 21.9% 5 Year 19.2% 10 Year 15 Year Since launch 24.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for Principal Emerging Bluechip Fund
Name Since Tenure Data below for Principal Emerging Bluechip Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. Principal Dividend Yield Fund
CAGR/Annualized
return of 13.8% since its launch. Ranked 37 in Dividend Yield
category. Return for 2023 was 34% , 2022 was 1.3% and 2021 was 32.5% . Principal Dividend Yield Fund
Growth Launch Date 15 Oct 04 NAV (23 Apr 24) ₹125.002 ↑ 0.39 (0.31 %) Net Assets (Cr) ₹805 on 29 Feb 24 Category Equity - Dividend Yield AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.66 Sharpe Ratio 2.76 Information Ratio 0.45 Alpha Ratio 3.43 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,018 31 Mar 21 ₹13,349 31 Mar 22 ₹15,991 31 Mar 23 ₹16,231 31 Mar 24 ₹23,315 Returns for Principal Dividend Yield Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 2.7% 3 Month 7.2% 6 Month 25.7% 1 Year 44.2% 3 Year 21.4% 5 Year 18.6% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 34% 2022 1.3% 2021 32.5% 2020 20.2% 2019 4.4% 2018 -5.2% 2017 46.6% 2016 7.2% 2015 -3.4% 2014 44.9% Fund Manager information for Principal Dividend Yield Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.25 Yr. Ashish Aggarwal 1 Jan 22 2.25 Yr. Data below for Principal Dividend Yield Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.58% Industrials 12.44% Technology 11.74% Energy 10.32% Utility 9.54% Consumer Cyclical 7.23% Consumer Defensive 6.78% Health Care 5.5% Basic Materials 4.51% Communication Services 1.42% Asset Allocation
Asset Class Value Cash 4.86% Equity 95.05% Debt 0% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 29 Feb 12 | RELIANCE5% ₹42 Cr 144,000
↑ 12,085 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | HDFCBANK5% ₹38 Cr 267,666 NTPC Ltd (Utilities)
Equity, Since 30 Apr 18 | 5325555% ₹37 Cr 1,100,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹28 Cr 165,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹25 Cr 240,000
↑ 5,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹21 Cr 52,000
↑ 2,000 Bharat Electronics Ltd (Industrials)
Equity, Since 28 Feb 22 | BEL2% ₹19 Cr 940,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 16 | LT2% ₹19 Cr 55,000
↑ 1,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN2% ₹18 Cr 245,000
↑ 14,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 09 | ITC2% ₹18 Cr 433,000 5. Principal Nifty 100 Equal Weight Fund
CAGR/Annualized
return of since its launch. Ranked 72 in Index Fund
category. Return for 2023 was 29% , 2022 was 1.5% and 2021 was 32.2% . Principal Nifty 100 Equal Weight Fund
Growth Launch Date 27 Jul 99 NAV (23 Apr 24) ₹158.158 ↑ 0.42 (0.27 %) Net Assets (Cr) ₹69 on 29 Feb 24 Category Others - Index Fund AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.96 Sharpe Ratio 2.84 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-90 Days (1%),90 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,999 31 Mar 21 ₹12,365 31 Mar 22 ₹14,864 31 Mar 23 ₹14,204 31 Mar 24 ₹21,457 Returns for Principal Nifty 100 Equal Weight Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 2.9% 3 Month 11.4% 6 Month 30.5% 1 Year 49.6% 3 Year 20.8% 5 Year 17% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 29% 2022 1.5% 2021 32.2% 2020 14.1% 2019 2.8% 2018 -3.4% 2017 28.9% 2016 3.4% 2015 -3.9% 2014 31.2% Fund Manager information for Principal Nifty 100 Equal Weight Fund
Name Since Tenure Rohit Seksaria 1 Jan 22 2.25 Yr. Ashish Aggarwal 1 Jan 22 2.25 Yr. Data below for Principal Nifty 100 Equal Weight Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 2.78% Equity 97.22% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Adani Green Energy Ltd (Utilities)
Equity, Since 30 Sep 20 | ADANIGREEN1% ₹1 Cr 5,425
↑ 118 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5002511% ₹1 Cr 2,555
↑ 55 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 17 | IOC1% ₹1 Cr 59,507
↑ 1,299 DLF Ltd (Real Estate)
Equity, Since 31 May 18 | 5328681% ₹1 Cr 10,460
↑ 228 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Jan 03 | 5005471% ₹1 Cr 15,567
↑ 339 Adani Total Gas Ltd (Utilities)
Equity, Since 31 Oct 22 | ATGL1% ₹1 Cr 8,642
↑ 188 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 30 Sep 15 | ADANIPORTS1% ₹1 Cr 6,676
↑ 145 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 22 | 5433201% ₹1 Cr 53,179
↑ 1,160 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Oct 22 | HAL1% ₹1 Cr 2,813
↑ 61 Life Insurance Corporation of India (Financial Services)
Equity, Since 31 Oct 22 | 5435261% ₹1 Cr 8,477
↑ 185 6. Principal Tax Savings Fund
CAGR/Annualized
return of 16.2% since its launch. Ranked 8 in ELSS
category. Return for 2023 was 24.5% , 2022 was 4.3% and 2021 was 32.1% . Principal Tax Savings Fund
Growth Launch Date 31 Mar 96 NAV (23 Apr 24) ₹451.922 ↑ 0.82 (0.18 %) Net Assets (Cr) ₹1,222 on 29 Feb 24 Category Equity - ELSS AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.36 Sharpe Ratio 2.17 Information Ratio -0.28 Alpha Ratio -2.44 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,274 31 Mar 21 ₹12,485 31 Mar 22 ₹15,564 31 Mar 23 ₹15,503 31 Mar 24 ₹21,126 Returns for Principal Tax Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 31 Dec 21 Duration Returns 1 Month 3.5% 3 Month 9.5% 6 Month 19.9% 1 Year 37.1% 3 Year 20.7% 5 Year 16.8% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.5% 2022 4.3% 2021 32.1% 2020 18.9% 2019 2.5% 2018 -9.2% 2017 48.8% 2016 6.2% 2015 2.7% 2014 49.4% Fund Manager information for Principal Tax Savings Fund
Name Since Tenure Sudhir Kedia 29 Oct 19 4.42 Yr. Rohit Seksaria 1 Jan 22 2.25 Yr. Data below for Principal Tax Savings Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 32.53% Technology 11.35% Consumer Cyclical 11.13% Industrials 9.07% Health Care 8.39% Consumer Defensive 8.27% Energy 6.55% Basic Materials 5.47% Communication Services 2.62% Real Estate 0.42% Asset Allocation
Asset Class Value Cash 4.18% Equity 95.82% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK7% ₹85 Cr 606,077 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE7% ₹80 Cr 274,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹70 Cr 661,000 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY4% ₹52 Cr 313,000 Force Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 5000333% ₹38 Cr 56,000
↓ -3,013 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMA3% ₹37 Cr 233,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 5322153% ₹33 Cr 311,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN3% ₹33 Cr 444,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 21 | TATAMOTORS2% ₹27 Cr 288,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS2% ₹25 Cr 61,324