VR Logo

3 star

Principal Hybrid Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.02 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 25.73 1.16 0.92 -2.53 1.30 12.08 30.59 16.04 16.02 13.28 --
VR Balanced TRI 19.48 -1.45 -0.71 -4.42 -2.03 7.79 24.91 16.40 15.25 10.88 --
Hybrid: Aggressive Hybrid 25.89 1.05 0.58 -2.10 0.99 10.75 30.26 17.14 14.48 11.66 --
Rank within category 18 15 11 30 18 12 17 25 9 7 --
Number of funds in category 48 49 49 49 49 49 47 40 31 26 0

As on 07-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Hybrid Equity Fund - Direct Plan
3 star
Jan-13 30.59 16.04 16.02 0.98% 1,107
SBI Equity Hybrid Fund - Direct Plan  | Invest Online
4 star
Jan-13 26.16 17.72 15.35 0.88% 48,043
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 44.11 20.65 16.48 1.27% 18,740
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 28.00 19.96 15.69 0.81% 7,559
Canara Robeco Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 25.70 19.13 16.55 0.68% 6,932

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.60 24-Mar-2020 - 31-Mar-2020 -13.57 11-Mar-2020 - 18-Mar-2020
Month 15.41 23-Mar-2020 - 22-Apr-2020 -27.61 20-Feb-2020 - 23-Mar-2020
Quarter 23.94 23-Mar-2020 - 22-Jun-2020 -26.03 23-Dec-2019 - 23-Mar-2020
Year 68.26 23-Mar-2020 - 23-Mar-2021 -25.14 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.55 15.52 0.76 0.83 0.85 1.12
VR Balanced TRI 16.35 17.90 0.70 0.83 -- --
Hybrid: Aggressive Hybrid 16.74 16.76 0.78 0.83 0.89 1.79
Rank within category 28 8 21 20 10 23
Number of funds in category 41 41 41 41 41 41

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

As on 30-Nov-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 60
Top 10 Holdings (%) 31.70
Top 5 Holdings (%) 22.25
Top 3 Sectors (%) 42.10
Portfolio P/B Ratio 3.65
Portfolio P/E Ratio 29.01
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.35% HDFC 2025 Debenture AAA 1.41 - 2.00 1.41
equal 5.22% GOI 15/06/2025 GOI Securities SOV 1.16 - 1.67 1.17
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.88 - 1.23 1.14
new Astec Lifesciences 64-D 28/12/2021 Commercial Paper A1+ 0.00 - 1.08 1.08
equal 7.49% Indian Railway Finance Corporation 30/05/2027 Debenture AAA 0.00 - 1.02 0.96
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.95 - 1.02 0.96
equal 7.17% GOI 2028 GOI Securities SOV 0.94 - 2.49 0.95
equal 7.25% The Ramco Cements 20/12/2021 Debenture AA+ 0.90 - 0.98 0.91
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 0.90 0.90
equal 6.18% GOI 2024 GOI Securities SOV 0.88 - 1.40 0.88
equal 7.27% GOI 2026 GOI Securities SOV 0.76 - 1.31 0.76
equal Axis Finance 168-D 18/11/2021 Commercial Paper A1+ 0.00 - 0.72 0.72
equal 5.15% GOI 2025 GOI Securities SOV 0.36 - 0.76 0.71
equal 6.97% GOI 2026 GOI Securities SOV 0.29 - 0.68 0.66
equal 7.14% REC 2021 Bonds AAA 0.63 - 0.68 0.63
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.60 - 0.65 0.60
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.51 - 0.55 0.51
equal 7.60% ICICI Bank 2023 Bonds AAA 0.47 - 0.50 0.47
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.45 - 0.48 0.45
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.42 - 0.44 0.42
equal 8.06% Maharashtra State 2025 State Development Loan SOV 0.00 - 0.42 0.39
equal 8.08% Karnataka State 2025 State Development Loan SOV 0.00 - 0.41 0.39
equal 8.25% Maharashtra State 2025 State Development Loan SOV 0.39 - 0.42 0.39
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.38 - 0.41 0.38
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 0.40 0.38

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 24.03 5.73 3.24 5.35
down Infosys Technology 34.47 5.86 2.65 5.07
down HDFC Bank Financial 24.70 7.61 3.79 4.79
down Reliance Industries Energy 30.82 7.63 3.24 4.26
down HDFC Financial 24.48 3.76 1.85 2.78
equal State Bank of India Financial 14.85 3.25 0.92 2.63
down Larsen & Toubro Construction 28.85 2.31 1.33 1.83
down Tata Consultancy Services Technology 36.25 2.80 1.78 1.78
up Axis Bank Financial 21.07 2.07 0.95 1.68
down Bharti Airtel Communication 135.72 3.40 1.22 1.53
down Sona BLW Precision Forgings Automobile 206.59 1.51 0.00 1.51
equal Bajaj Finserv Financial 64.45 1.49 0.00 1.49
down Bajaj Finance Financial 86.22 1.63 0.00 1.44
down Hindustan Unilever FMCG 64.96 3.43 1.37 1.37
down Ultratech Cement Construction 33.04 1.77 0.00 1.36
down Divi's Laboratories Healthcare 57.47 1.64 0.00 1.23
equal BEML Engineering 76.55 1.16 0.00 1.16
down Polycab India Engineering 42.64 1.32 0.00 1.12
down Avenue Supermarts Services 219.74 1.30 0.00 1.11
up Tata Motors Automobile -- 1.07 0.00 1.07
equal Hindalco Inds. Metals 9.94 1.12 0.00 1.06
equal Canara Bank Financial 8.44 1.03 0.00 1.03
equal Ashok Leyland Automobile -- 1.03 0.00 1.03
down Dixon Technologies Engineering 165.58 1.48 0.00 1.01
equal Godrej Properties Construction -- 1.00 0.00 0.97

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-Oct-2021

Fund Manager

— Ravi Gopalakrishnan since 29-Jul-2019

Education: Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.

Experience: Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.

Interviews:

Funds Managed:

— Bekxy Kuriakose since 21-Mar-2016

Education: Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore

Experience: Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services

Interviews:

Funds Managed:

— Ashish Aggarwal since 14-Oct-2019

Education: Mr. Aggarwal has done BE, PGPM

Experience: Prior to joining Principal Asset Management Private Limited, he has worked with IL&FS Investsmart, Tata Securities and Antique Stock Broking.


1.16%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 122.2300

IDCW Monthly: ₹ 41.4200


Investment Strategy

The scheme seeks long-term capital appreciation and current income from a balanced portfolio of equity and debt securities.

Investment Details

Minimum Investment (₹) 300
Minimum Addl Investment (₹) 300
Minimum SIP Investment (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 24% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 15.16%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,107 Cr (As on 31-Oct-2021)
Expense: 0.98% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly17-Nov-20210.2377

 14-Oct-20210.2344
 17-Sep-20210.2287
 17-Aug-20210.2186
 16-Jul-20210.2123
 17-Jun-20210.2219
 17-May-20210.2138
 16-Apr-20210.2132
 17-Mar-20210.2144
 17-Feb-20210.2154
 15-Jan-20210.2090
 17-Dec-20200.2592
 17-Jul-20190.1328
 17-Jun-20190.0354
 17-May-20190.0885
 16-Apr-20190.0620
 15-Mar-20190.0708
 17-Jan-20190.2632
 16-Nov-20180.2615
 17-Oct-20180.2595
 17-Sep-20180.2800
 17-Aug-20180.2804
 17-Jul-20180.2760
 15-Jun-20180.2797
 17-May-20180.2843

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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot