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Fincash » Mutual Funds » Principal Balanced Advantage Fund

Principal Balanced Advantage Fund - G

NAV  ₹28.0821 ↑ 0.03  (0.12 %) as on 22 Aug 23

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 2022 was 5.7% , 2021 was 10.9% and 2020 was 10% .

Below is the key information for Principal Balanced Advantage Fund

NAV as on 22 Aug 23₹28.0821 ↑ 0.03  (0.12 %)
Net Assets (AUM) as on 31 Jul 2023 ₹1,555 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 Ratio2.09 %
Sharpe Ratio0.757
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 22 Aug 23

DurationReturns
1 Month 0.1%
3 Month 5.3%
6 Month 8.1%
1 Year 9.2%
3 Year 9.3%
5 Year 6.5%
10 Year
15 Year
Since launch 8.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 5.7%
2021 10.9%
2020 10%
2019 1%
2018 3.2%
2017 13.1%
2016 4.5%
2015 3.4%
2014 34.1%

Growth of 10k Over Years

DateValue
31 Aug 18₹10,000
31 Aug 19₹9,797
31 Aug 20₹10,392
31 Aug 21₹12,018
31 Aug 22₹12,652
31 Aug 23₹13,642
Principal Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash19.78%
Equity57.57%
Debt22.65%
Principal Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent19.78%
Government14.13%
Corporate6.53%
Securitized1.99%
RatingValue
AAA100%
Principal Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services24.67%
Consumer Cyclical9.82%
Technology7.42%
Consumer Defensive5.85%
Industrials5.85%
Energy5.4%
Basic Materials5.37%
Health Care3.46%
Communication Services1.97%
Utility1.6%
Real Estate0.6%
Principal Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | HDFCBANK
Banks - Regional7%₹109 Cr694,250
↓ -25,750
Nifty September 2023
- | -
6%-₹99 Cr51,000
↑ 51,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | ICICIBANK
Banks - Regional6%₹98 Cr1,025,500
↓ -5,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 10 | RELIANCE
Oil & Gas Refining & Marketing5%₹78 Cr326,000
↓ -9,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY
Information Technology Services4%₹66 Cr460,000
↑ 27,400
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹40 Cr4,000,000
7.26% Govt Stock 2033
Sovereign Bonds | -
2%₹35 Cr3,500,000
↓ -1,000,000
5.22% Govt Stock 2025
Sovereign Bonds | -
2%₹34 Cr3,500,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | MARUTI
Auto Manufacturers2%₹34 Cr33,800
↓ -150
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 10 | LT
Engineering & Construction2%₹31 Cr113,000
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Fund Managers

NameSinceTenure
Dwijendra Srivastava1 Jan 221.67 Yr.
Ravi Gopalakrishnan16 May 221.3 Yr.
S. Bharath1 Jan 221.67 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

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹28.0821
↑ 0.03
8.09 %9.18 %9.28 %6.49 %
Principal Balanced Advantage Fund
Monthly Dividend, Payout
₹14.3459
↑ 0.02
8.04 %9.05 %8.78 %5.98 %
Principal Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹14.3459
↑ 0.02
8.04 %9.05 %8.78 %5.98 %
Data as on 22 Aug 23

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