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5 star

Principal Equity Savings Fund


1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.71 Lakh

Suitability:

"Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 18.81 0.05 -1.03 1.95 7.43 15.38 28.97 13.33 9.99 9.39 8.77
VR MIP TRI 12.14 -0.12 -0.51 1.15 6.54 10.83 19.49 12.24 9.77 9.33 9.88
Hybrid: Equity Savings 12.87 -0.11 -0.62 1.16 4.54 10.27 20.88 10.59 8.15 8.91 --
Rank within category 1 1 21 5 2 1 3 2 1 -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 2 0

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Equity Savings Fund
5 star
May-02 28.97 13.33 9.99 2.39% 101
HDFC Equity Savings Fund  | Invest Online
4 star
Sep-04 29.37 11.55 9.51 2.15% 2,469
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 16.63 10.52 9.05 2.19% 1,575
ICICI Prudential Equity Savings Fund  | Invest Now
3 star
Dec-14 16.91 9.01 7.64 1.04% 3,986
SBI Equity Savings Fund - Regular Plan  | Invest Online
3 star
May-15 23.38 12.51 8.72 1.22% 1,816

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.02 26-May-2020 - 02-Jun-2020 -6.66 11-Mar-2020 - 18-Mar-2020
Month 7.80 20-Mar-2009 - 21-Apr-2009 -13.84 20-Feb-2020 - 23-Mar-2020
Quarter 14.00 23-Mar-2020 - 22-Jun-2020 -13.57 23-Dec-2019 - 23-Mar-2020
Year 37.43 23-Mar-2020 - 23-Mar-2021 -10.18 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.93 8.14 0.98 1.18 1.10 0.35
VR MIP TRI 10.89 6.85 1.01 1.24 -- --
Hybrid: Equity Savings 9.60 9.24 0.65 0.70 1.24 -2.99
Rank within category 2 5 2 2 6 2
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Number of Bonds 15
Average Maturity (yrs) 3.31
Top 10 Holdings (%) 37.49
Portfolio P/B Ratio 2.66
Portfolio P/E Ratio 23.80

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.17% GOI 2028 GOI Securities SOV 0.00 - 5.21 5.21
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 4.39 3.44
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 6.38 2.93
new 6.97% GOI 2026 GOI Securities SOV 0.00 - 2.59 2.59
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 2.32 1.97
equal 8.14% Maharashtra State 27/05/2025 State Development Loan SOV 0.00 - 1.37 1.07
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.99 - 2.37 0.99
equal 8.25% Indian Railway Finance Corporation 28/02/2024 Debenture AAA 0.53 - 1.27 0.53
equal 7.27% GOI 2026 GOI Securities SOV 0.52 - 1.25 0.52
equal NTPC 2023 Bonds AAA 0.52 - 1.26 0.52
down 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.20 0.51
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.51 - 1.21 0.51
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.51 - 1.19 0.51
equal Reserve Bank of India 91-D 14/10/2021 Treasury Bills SOV 0.00 - 0.24 0.19
equal 5.50% Britannia Inds. 2024 Non Convertible Debenture AAA 0.00 - 0.01 0.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Maruti Suzuki India Automobile 43.62 7.91 0.00 6.35
equal ICICI Bank Financial 26.31 6.07 1.22 3.81
equal Polycab India Engineering 40.30 4.82 0.00 3.81
up Ashok Leyland Automobile -- 3.54 0.00 3.54
equal HDFC Financial 26.03 9.12 3.42 3.42
up Axis Bank Financial 29.64 3.01 0.52 2.39
equal HDFC Bank Financial 27.22 4.62 1.67 2.14
up Indusind Bank Financial 27.01 2.32 0.00 2.09
equal ITC FMCG 20.93 7.34 1.00 2.07
equal Larsen & Toubro Construction 20.20 2.34 0.00 2.03
equal Infosys Technology 34.62 8.84 0.00 1.89
equal State Bank of India Financial 17.95 3.34 0.84 1.76
equal Zee Entertainment Services 30.11 1.80 0.00 1.73
equal United Spirits FMCG 89.12 3.42 0.00 1.72
up ICRA Services 40.00 1.65 0.00 1.65
up Indian Bank Financial 5.71 1.58 0.00 1.58
equal Bharti Airtel Communication 360.64 4.92 0.00 1.51
up BEML Engineering 57.09 1.38 0.00 1.38
equal LIC Housing Fin. Financial 14.91 1.40 0.00 1.26
equal Subros Automobile 33.73 1.44 0.00 1.13
equal Indoco Remedies Healthcare 36.95 1.48 0.00 1.08
equal ABB India Ltd. Engineering 110.47 1.68 0.00 1.07
equal HDFC Financial 26.03 1.03
equal Sona BLW Precision Forgings Automobile 167.19 1.00 0.00 0.95
equal Schaeffler India Engineering 44.57 1.08 0.00 0.93

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Sudhir Kedia since 29-Oct-2019

Education: Mr. Kedia is CA, CMA and MBA.

Experience: Prior to joining Principal Mutual Fund, he has worked with Mirae Asset Mutual Fund and ASK investment.

Funds Managed:

— Gurvinder Singh Wasan since 31-May-2019

Education: Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.

Experience: Prior to joining Principal Mutual Fund, he has worked with Crisil Ltd. and ICICI Bank Ltd.

Funds Managed:


0.05%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 50.3523

IDCW Quarterly: ₹ 15.5277

IDCW Half Yearly: ₹ 14.9744


Investment Strategy

The scheme aims to provide capital appreciation and income distribution by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 23-May-2002
Return Since Launch: 8.68%
Benchmark: NIFTY Equity Savings TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 101 Cr (As on 30-Sep-2021)
Expense: 2.39% (As on 30-Sep-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 50.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly17-Sep-20210.2502

 17-Jun-20210.2562
 17-Mar-20210.2523
 17-Dec-20200.3161
 17-Sep-20200.2966
 17-Dec-20190.1546
 17-Jun-20190.3060
 17-Sep-20180.1631
 15-Jun-20180.1353
 15-Dec-20170.2213
 15-Sep-20170.2475
 16-Jun-20170.5116
 17-Mar-20170.1291
 23-Sep-20160.5717
 24-Jun-20160.2359
 24-Dec-20150.0540
 24-Sep-20150.0212
 24-Mar-20150.2836
 24-Dec-20140.2543
 24-Sep-20140.2342
 24-Jun-20140.3836
 24-Jun-20130.0779
 22-Mar-20130.0440
 24-Dec-20120.0440
 24-Sep-20120.0881
IDCW Half Yearly17-Jun-20210.4950

 17-Dec-20200.6139
 17-Dec-20190.1417
 17-Jun-20190.4516
 15-Jun-20180.1240
 15-Dec-20170.7400
 23-Dec-20160.2261
 23-Oct-20150.1069
 24-Sep-20150.0367
 24-Feb-20150.0195
 23-Jan-20150.1952
 24-Dec-20140.0076
 24-Nov-20140.1471
 22-Oct-20140.0536
 24-Sep-20140.0687
 22-Aug-20140.0606
 24-Jul-20140.0933
 24-Jun-20140.0603
 23-May-20140.1776
 23-Apr-20140.0581
 24-Jun-20130.0312
 26-May-20130.0597
 22-Mar-20130.0440
 22-Feb-20130.0529
 24-Jan-20130.0529

Contact Information

AMC: Principal Asset Management Pvt. Ltd.

Address: Exchange Plaza - 2rd Floor - NSE Building, "B" Wing-Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-67720555 / 1800-425-5600

Fax: 022-67720512

Email: [email protected]

Website: http://www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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