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Fincash » Mutual Funds » Principal Balanced Advantage Fund

Principal Balanced Advantage Fund - G

NAV  ₹20.64 ↓ 0.02   (0.10 %) as on 15 Nov 19

Scheme Objective

The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of ‘Price to Earnings’ Ratio; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.

Principal Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund launched on 16 Dec 10. It is a fund with Moderately High risk and has given a CAGR return of 8.5% since its launch.  Return for 2018 was 3.2% , 2017 was 13.1% and 2016 was 4.5% .

Below is the key information for Principal Balanced Advantage Fund

NAV as on 15 Nov 19₹20.64 ↓ 0.02   (0.10 %)
Net Assets (AUM) as on 30 Sep 2019 ₹209 Cr.
Launch Date16 Dec 2010
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio0.0
Expense Ratio2.75 %
Sharpe Ratio-0.695
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-1 Years (2%),1-2 Years (1%),2 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19

DurationReturns
1 Month 1.1%
3 Month 2.1%
6 Month 0.5%
1 Year 1.6%
3 Year 5.5%
5 Year 5%
10 Year
15 Year
Since launch 8.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 3.2%
2017 13.1%
2016 4.5%
2015 3.4%
2014 34.1%
2013 5.4%
2012 30.7%
2011 -13.2%
2010

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,449
31 Oct 16₹11,255
31 Oct 17₹12,228
31 Oct 18₹12,622
31 Oct 19₹12,890
Principal Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash65.03%
Equity24.5%
Debt10.47%
Principal Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent63.67%
Government8.83%
Corporate3.16%
Principal Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services18.89%
Consumer Defensive9.89%
Health Care9.46%
Energy8%
Basic Materials6.44%
Utility5.81%
Technology4.72%
Communication Services1.97%
Industrials0.93%
Consumer Cyclical0.79%
Principal Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Cash Offset For Derivatives
Derivative Margin | -
44%₹91 Cr9,127
↑ 253
Net Receivable / Payable
Net Current Assets | -
12%₹26 Cr
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFC
10%₹20 Cr93,987
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE
9%₹18 Cr125,731
Housing Development Finance Corporation Ltd. 28-Nov-19
Derivatives | -
9%-₹18 Cr86,000
↑ 86,000
Reliance Industries Ltd. 28-Nov-19
Derivatives | -
8%-₹16 Cr107,000
↑ 107,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 10 | ITC
6%₹12 Cr466,579
Adani Power Ltd. 28-Nov-19
Derivatives | -
5%-₹10 Cr1,540,000
↑ 1,540,000
Adani Power Ltd (Utilities)
Equity, Since 31 Dec 18 | 533096
5%₹10 Cr1,540,000
Itc Ltd. 28-Nov-19
Derivatives | -
5%-₹10 Cr374,400
↑ 374,400
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Fund Managers

NameSinceTenure
Bekxy Kuriakose1 Jan 181.58 Yr.
Ravi Gopalakrishnan29 Jul 190.01 Yr.

Custodians

CompanyAddress
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Principal Mutual FundExchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Principal Balanced Advantage Fund
Growth
₹20.64
↑ 0.02
0.54 %1.62 %5.51 %5.02 %
Principal Balanced Advantage Fund
Monthly Dividend, Payout
₹13.47
↑ 0.01
-3.85 %-6.71 %2.31 %3.09 %
Principal Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹13.47
↑ 0.01
-3.85 %-6.71 %2.31 %3.09 %
Data as on 15 Nov 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.