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Principal Equity Savings Fund


1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.82 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -0.08 0.03 -0.27 -0.76 0.50 3.12 6.31 5.56 5.46 6.12 6.16
VR MIP TRI 0.64 -0.09 -0.06 0.01 1.91 4.95 10.58 8.60 7.30 8.89 8.41
Hybrid: Equity Savings 0.75 -0.12 -0.43 -0.37 1.54 5.26 8.78 6.08 6.69 -- --
Rank within category 19 2 8 16 20 21 19 11 -- -- --
Number of funds in category 23 23 23 23 23 23 21 14 6 0 0

As on 18-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.53 (19-Aug-2013 - 26-Aug-2013) -3.50 (12-Aug-2013 - 19-Aug-2013)
Month 7.80 (20-Mar-2009 - 21-Apr-2009) -6.15 (19-Jul-2013 - 19-Aug-2013)
Quarter 13.59 (12-Mar-2009 - 11-Jun-2009) -9.75 (20-May-2013 - 19-Aug-2013)
Year 24.55 (20-Nov-2008 - 20-Nov-2009) -5.73 (20-Nov-2007 - 19-Nov-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.85 3.59 0.05 0.08 0.73 -1.63
VR MIP TRI 8.13 4.10 0.60 0.95 -- --
Hybrid: Equity Savings 6.10 4.57 0.12 0.18 0.90 -1.80
Rank within category 10 3 10 10 3 7
Number of funds in category 15 15 15 15 15 15

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 40
Number of Bonds 9
Average Maturity (yrs) 1.15
Top 10 Holdings (%) 55.50
Portfolio P/B Ratio 2.58
Portfolio P/E Ratio 21.02

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
equal 6.25% Federal Bank 181-D Term Deposits -- 0.00 - 4.50 4.50
equal 5.95% Canara Bank 181-D Term Deposits -- 0.00 - 3.38 3.38
equal 8.25% IRFC 28/02/2024 Debenture AAA 0.00 - 2.37 2.37
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 2.35 2.35
equal 7.57% Ultratech Cement 2021 Debenture AAA 0.00 - 2.28 2.28
new 6.00% Punjab National Bank 182-D Term Deposits -- 0.00 - 2.26 2.26
equal 9.25% Power Grid Corporation 24/07/2021 Bonds AAA 0.73 - 1.17 1.17
equal 7.74% Bajaj Finance 30/06/2020 Debenture AAA 0.00 - 1.02 0.68
new Reserve Bank of India 364-D 20/03/2020 Treasury Bills SOV 0.00 - 0.07 0.07

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
equal HDFC Financial 18.85 9.12 0.00 8.99
equal Reliance Industries Energy 21.99 7.94 0.00 7.56
equal ITC FMCG 16.96 6.91 0.92 6.91
up Sun Pharmaceutical Inds. Healthcare 24.18 6.89 0.00 6.89
equal Infosys Technology 20.86 8.84 0.00 6.88
equal HDFC Bank Financial 25.57 4.00 0.00 3.94
up ICICI Bank Financial 37.17 3.28 0.00 3.28
equal Aurobindo Pharma Healthcare 13.75 4.39 1.02 3.17
equal M&M Financial Services Financial 15.47 2.13 0.00 2.13
down Exide Industries Engineering 18.22 7.28 0.94 1.93
equal Kotak Mahindra Bank Financial 37.25 1.83 0.00 1.83
down Tata Power Energy 21.13 2.40 0.00 1.69
equal Larsen & Toubro Construction 18.41 2.09 0.00 1.66
equal Tata Consultancy Services Technology 25.40 4.20 0.00 1.64
up Max Financial Services Financial 44.60 1.58 0.00 1.58
equal Dr. Reddy's Lab Healthcare 32.02 1.65 0.00 1.40
up State Bank of India Financial 24.33 3.34 0.63 1.36
down Axis Bank Financial 43.68 3.01 0.00 1.02
equal Marico FMCG 31.53 1.29 0.00 0.95
equal GSK Consumer Healthcare FMCG 35.90 1.72 0.00 0.87
equal NTPC Energy 5.72 1.95 0.00 0.85
equal Bharti Airtel Communication -- 5.48 0.00 0.83
equal Wabco India Automobile 71.08 0.82 0.00 0.82
equal Britannia Inds. FMCG 55.91 2.36 0.75 0.81
equal Dabur India FMCG 58.50 1.76 0.00 0.78

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 31-Jan-2020

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:


0.03%

Change from previous, NAV as on 18-Feb-2020

Growth: ₹ 36.9407

Dividend Quarterly: ₹ 12.5605

Dividend Half Yearly: ₹ 11.9235


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
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 23-May-2002
Return Since Launch: 7.64%
Benchmark: CRISIL Liquid (70), NIFTY 50 TRI (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 44 Cr (As on 31-Jan-2020)
Expense: 2.14% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 47.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly17-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
 24-Dec-20120.0617
 23-Nov-20120.0617
Dividend Quarterly17-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
 25-Jun-20120.1233
 22-Mar-20120.0793
 23-Dec-20110.0793
 23-Sep-20110.0793
 24-Jun-20110.0793

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: 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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dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM