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4 star

Principal Equity Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.49 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 5.30 0.27 -0.25 3.64 9.59 15.70 22.08 10.34 11.21 9.92 --
VR MIP TRI 2.38 0.27 -0.16 1.61 5.78 11.24 12.78 9.57 10.49 9.87 --
Hybrid: Equity Savings 3.72 0.24 -0.13 2.73 7.51 12.64 14.09 8.23 10.11 -- --
Rank within category 3 11 17 5 3 5 1 3 -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 10 0 0

As on 25-Feb-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 - Direct Plan
4 star
Jan-13 22.08 10.34 11.21 1.07 61
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 13.11 9.11 10.40 1.26 1,350
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 9.17 8.22 -- 0.85 1,051
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 13.76 10.54 11.48 0.91 690
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 17.15 8.62 13.11 1.35 2,416

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.04 26-May-2020 - 02-Jun-2020 -6.64 11-Mar-2020 - 18-Mar-2020
Month 7.35 24-Mar-2020 - 23-Apr-2020 -13.79 20-Feb-2020 - 23-Mar-2020
Quarter 14.30 23-Mar-2020 - 22-Jun-2020 -13.34 23-Dec-2019 - 23-Mar-2020
Year 22.38 17-Feb-2020 - 16-Feb-2021 -9.13 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.24 7.98 0.45 0.56 1.09 0.17
VR MIP TRI 7.78 6.95 0.45 0.55 -- --
Hybrid: Equity Savings 6.64 9.61 0.24 0.27 1.30 -2.06
Rank within category 4 3 2 2 3 2
Number of funds in category 16 16 16 16 16 16

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

As on 31-Jan-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 49
Number of Bonds 15
Average Maturity (yrs) 1.68
Top 10 Holdings (%) 33.98
Portfolio P/B Ratio 2.70
Portfolio P/E Ratio 27.37

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 5.15% GOI 2025 GOI Securities SOV 0.00 - 3.64 3.27
equal 5.25% Punjab National Bank 365-D Term Deposits -- 0.00 - 3.60 2.46
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 1.96 1.77
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 2.80 1.68
equal 7.57% Ultratech Cement 2021 Debenture AAA 1.67 - 2.84 1.67
equal 5.70% Federal Bank 366-D Term Deposits -- 0.00 - 2.56 1.64
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.64 1.64
equal 5.60% Federal Bank 365-D Term Deposits -- 0.00 - 1.92 1.23
equal 8.25% IRFC 28/02/2024 Debenture AAA 0.90 - 1.51 0.90
equal NTPC 2023 Bonds AAA 0.00 - 1.31 0.89
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 1.25 0.89
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 1.26 0.86
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 1.25 0.85
new Reserve Bank of India 91-D 29/04/2021 Treasury Bills SOV 0.00 - 0.31 0.31
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 0.41 0.31

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 ICICI Bank Financial 29.43 6.07 0.00 5.22
equal HDFC Financial 27.65 9.12 1.48 5.18
equal Maruti Suzuki India Automobile 46.82 5.73 0.00 4.45
up Polycab India Engineering 24.80 3.39 0.00 3.39
equal HDFC Bank Financial 28.85 4.62 1.39 3.12
equal Reliance Industries Energy 34.32 7.94 0.00 2.55
equal ITC FMCG 19.41 7.34 0.92 2.21
equal United Spirits FMCG 169.56 3.42 0.00 2.13
equal Bharti Airtel Communication -- 4.92 0.00 2.03
equal Indusind Bank Financial 37.00 2.32 0.00 1.85
equal Amber Enterprises Cons Durable 158.06 1.98 0.00 1.61
up Axis Bank Financial 78.90 3.01 0.44 1.54
equal State Bank of India Financial 15.67 3.34 0.84 1.42
up Godrej Consumer Products FMCG 44.93 1.33 0.00 1.33
up BPCL Energy 24.93 1.32 0.00 1.32
down Tata Consultancy Services Technology 35.99 4.20 0.93 1.27
equal Rossari Biotech Chemicals 81.33 1.80 0.00 1.23
equal Indoco Remedies Healthcare 36.69 1.35 0.00 1.21
equal Divi's Laboratories Healthcare 48.82 2.95 0.00 1.19
equal Federal Bank Financial 11.69 1.21 0.00 1.18
equal Larsen & Toubro Construction 18.42 2.01 0.99 1.18
equal Max Financial Services Financial 93.83 1.95 0.00 1.18
equal Kotak Mahindra Bank Financial 40.35 1.91 0.00 1.13
equal Ashok Leyland Automobile -- 3.80 0.00 1.13
up Ipca Laboratories Healthcare 22.24 1.13 0.00 1.07

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

As on 31-Jan-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:


0.27%

Change from previous, NAV as on 25-Feb-2021

Growth: ₹ 48.1232

Dividend Quarterly: ₹ 18.8717

Dividend Half Yearly: ₹ 13.7027


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: 02-Jan-2013
Return Since Launch: 8.76%
Benchmark: NIFTY Equity Savings TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 61 Cr (As on 31-Jan-2021)
Expense: 1.07% (As on 31-Jan-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 103.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly17-Dec-20200.6112

 17-Dec-20190.2036
 17-Jun-20190.5932
 15-Jun-20180.1859
 15-Dec-20171.2200
 23-Dec-20160.2624
 24-May-20160.0163
 22-Apr-20160.0182
 23-Oct-20150.1772
 24-Sep-20150.0554
 24-Jul-20150.0166
 24-Mar-20150.0005
 24-Feb-20150.0252
 23-Jan-20150.1682
 24-Dec-20140.0127
 24-Nov-20140.0795
 22-Oct-20140.0570
 24-Sep-20140.0612
 22-Aug-20140.0416
 24-Jul-20140.0988
 24-Jun-20140.0663
 23-May-20140.1830
 23-Apr-20140.0866
 24-Mar-20140.0259
 24-Jun-20130.0312
Dividend Quarterly17-Sep-20200.3759

 17-Dec-20190.0474
 17-Sep-20190.1371
 23-Sep-20160.2849
 24-Jun-20160.2680
 24-Dec-20150.0683
 24-Sep-20150.0543
 24-Mar-20150.3056
 24-Dec-20140.2760
 24-Sep-20140.0916
 24-Jun-20140.4561
 24-Mar-20140.1855
 24-Jun-20130.0779
 22-Mar-20130.0378

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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