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5 star

Principal Equity Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.47 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 18.79 -0.11 -0.75 -0.88 5.26 10.41 22.47 13.78 11.70 9.97 --
VR MIP TRI 10.11 0.09 -0.70 -0.87 2.00 5.67 13.33 10.36 9.47 8.50 --
Hybrid: Equity Savings 12.58 -0.10 -0.66 -0.79 2.02 6.33 16.01 10.51 9.54 9.31 --
Rank within category 1 11 14 13 1 1 2 2 1 -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 2 0

As on 29-Nov-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
5 star
Jan-13 22.47 13.78 11.70 0.83% 118
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 22.01 11.28 10.71 1.26% 2,516
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 13.91 10.73 10.22 1.20% 1,626
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 17.78 12.30 11.57 0.92% 1,053
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 12.60 9.02 8.30 0.43% 4,506

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 39.15 23-Mar-2020 - 23-Mar-2021 -9.13 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.90 8.12 1.24 1.45 1.10 1.86
VR MIP TRI 11.27 6.77 1.09 1.33 -- --
Hybrid: Equity Savings 11.20 9.19 0.84 0.90 1.25 -1.93
Rank within category 2 6 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 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Number of Bonds 14
Average Maturity (yrs) 2.74
Top 10 Holdings (%) 34.88
Portfolio P/B Ratio 2.83
Portfolio P/E Ratio 24.70

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 7.17% GOI 2028 GOI Securities SOV 0.00 - 5.21 4.44
up 5.15% GOI 2025 GOI Securities SOV 0.00 - 6.38 4.18
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 4.39 2.94
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 2.59 2.21
equal 8.14% Maharashtra State 27/05/2025 State Development Loan SOV 0.00 - 1.37 0.91
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.85 - 2.23 0.85
equal 8.25% Indian Railway Finance Corporation 28/02/2024 Debenture AAA 0.45 - 1.20 0.45
equal 7.27% GOI 2026 GOI Securities SOV 0.45 - 1.18 0.45
equal NTPC 2023 Bonds AAA 0.45 - 1.19 0.45
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.44 - 1.14 0.44
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.20 0.44
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.43 - 1.14 0.43
new Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 0.17 0.17
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
equal Maruti Suzuki India Automobile 51.41 7.91 0.00 5.56
equal ICICI Bank Financial 23.49 6.07 1.22 3.74
equal Ashok Leyland Automobile -- 3.54 0.00 3.24
equal Polycab India Engineering 40.58 4.82 0.00 3.09
equal HDFC Financial 23.58 9.12 3.03 3.03
up Tata Consultancy Services Technology 35.40 4.20 0.92 2.44
equal Axis Bank Financial 19.96 3.01 0.52 1.99
equal Indusind Bank Financial 17.69 2.32 0.00 1.84
equal HDFC Bank Financial 24.31 4.62 1.83 1.83
equal Larsen & Toubro Construction 28.37 2.34 0.00 1.81
equal State Bank of India Financial 14.47 3.34 0.84 1.68
equal ITC FMCG 19.12 7.34 1.00 1.68
equal Indian Bank Financial 3.86 1.66 0.00 1.66
equal Infosys Technology 34.16 8.84 0.00 1.62
up Canara Bank Financial 8.06 1.50 0.00 1.50
equal Zee Entertainment Services 27.33 1.80 0.00 1.47
equal ICRA Services 35.13 1.65 0.00 1.38
equal BEML Engineering 70.88 1.38 0.00 1.33
equal Bharti Airtel Communication 143.64 4.92 0.00 1.29
new Bharti Airtel Ltd. Rights Communication -- 1.25
equal Subros Automobile 37.06 1.44 0.00 1.06
equal ABB India Ltd. Engineering 110.16 1.68 0.00 1.04
equal LIC Housing Fin. Financial 13.69 1.40 0.00 1.03
new Motherson Sumi Systems Automobile 33.50 0.97 0.00 0.97
equal Indoco Remedies Healthcare 27.54 1.48 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

— 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:


-0.11%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 54.2883

IDCW Quarterly: ₹ 20.9437

IDCW Half Yearly: ₹ 14.9184


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: 9.45%
Benchmark: NIFTY Equity Savings TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 118 Cr (As on 31-Oct-2021)
Expense: 0.83% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 46.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly17-Sep-20210.3408

 17-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
IDCW Half Yearly17-Jun-20210.4963

 17-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

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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