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Fincash » Mutual Funds » Principal Equity Savings Fund

Principal Equity Savings Fund - G

NAV  ₹62.6012 ↓ -0.28  (-0.45 %) as on 12 Apr 24

Scheme 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

Principal Equity Savings Fund is a Hybrid - Equity Savings fund launched on 23 May 02. It is a fund with Moderately High risk and has given a CAGR return of 8.7% since its launch.  Ranked 38 in Equity Savings category.  Return for 2023 was 15.3% , 2022 was 4.1% and 2021 was 18.2% .

Below is the key information for Principal Equity Savings Fund

NAV as on 12 Apr 24₹62.6012 ↓ -0.28  (-0.45 %)
Net Assets (AUM) as on 29 Feb 2024 ₹742 Cr.
Launch Date23 May 2002
CategoryHybrid - Equity Savings
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio0.0
Expense Ratio2.36 %
Sharpe Ratio2.222
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 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 12 Apr 24

DurationReturns
1 Month 1.7%
3 Month 3.4%
6 Month 8.8%
1 Year 20.8%
3 Year 13.1%
5 Year 11.8%
10 Year
15 Year
Since launch 8.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 15.3%
2022 4.1%
2021 18.2%
2020 14.6%
2019 5.1%
2018 1.6%
2017 15%
2016 5.5%
2015 3.6%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹9,335
31 Mar 21₹12,271
31 Mar 22₹14,044
31 Mar 23₹14,322
31 Mar 24₹17,328
Principal Equity Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash49.64%
Equity39.51%
Debt10.85%
Principal Equity Savings Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent49.64%
Government7.51%
Corporate3.34%
RatingValue
AAA100%
Principal Equity Savings Fund Debt Allocation
SectorValue
Financial Services27.28%
Consumer Cyclical9.14%
Energy8.16%
Technology7.13%
Industrials6.77%
Health Care5.38%
Consumer Defensive4.79%
Basic Materials3.04%
Communication Services0.57%
Utility0.26%
Principal Equity Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | HDFCBANK
Banks - Regional7%₹54 Cr387,363
↑ 10,450
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
Oil & Gas Refining & Marketing7%₹53 Cr180,250
Reliance Industries Limited March 2024
Derivatives | -
6%-₹42 Cr144,250
↑ 144,250
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK
Banks - Regional5%₹38 Cr360,800
Hdfc Bank Limited March 2024
Derivatives | -
5%-₹37 Cr262,900
↑ 262,900
Infosys Ltd (Technology)
Equity, Since 30 Jun 21 | INFY
Information Technology Services4%₹31 Cr185,100
Icici Bank Limited March 2024
Derivatives | -
4%-₹27 Cr254,800
↑ 254,800
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
Banks - Regional4%₹27 Cr249,000
182 DTB 07032023
Sovereign Bonds | -
3%₹25 Cr2,500,000
Infosys Limited March 2024
Derivatives | -
3%-₹25 Cr146,800
↑ 146,800
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Fund Managers

NameSinceTenure
Dwijendra Srivastava1 Jan 222.25 Yr.
Sudhir Kedia29 Oct 194.43 Yr.
Rohit Seksaria1 Jan 222.25 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 Equity Savings Fund
Growth
₹62.6012
↓ -0.28
8.84 %20.82 %13.11 %11.83 %
Principal Equity Savings Fund
Quarterly Dividend, Payout
₹16.4783
↓ -0.07
5.05 %16.53 %11.7 %10.08 %
Principal Equity Savings Fund
Quarterly Dividend, Reinvestment
₹16.4783
↓ -0.07
5.05 %16.53 %11.7 %10.08 %
Data as on 12 Apr 24

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