VR Logo

4 star

Principal Equity Savings Fund - Direct Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.86 Lakh

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.

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 0.95 -0.76 -0.57 3.84 9.72 0.31 3.72 4.66 6.73 6.73 --
VR MIP TRI -0.52 -0.59 -0.32 2.48 7.33 -1.06 2.40 5.97 7.07 8.21 --
Hybrid: Equity Savings -2.28 -0.63 -0.68 2.82 7.78 -3.20 0.71 3.63 5.53 -- --
Rank within category 4 19 9 3 3 3 5 5 -- -- --
Number of funds in category 23 23 23 23 23 23 21 14 7 0 0

As on 14-Jul-2020

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 3.72 4.66 6.73 1.30 39
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 4.75 6.13 7.31 1.21 1,395
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 0.08 4.79 -- 0.70 1,159
Axis Equity Saver Fund - Direct Plan  | Invest Online
4 star
Aug-15 1.91 5.87 -- 1.02 688
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 -2.88 2.98 7.50 1.27 3,141

Best & Worst Performance

Best (Period) Worst (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 17.22 (26-Dec-2016 - 26-Dec-2017) -9.13 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.85 7.13 -0.06 -0.07 1.05 -1.25
VR MIP TRI 6.06 6.50 0.12 0.13 -- --
Hybrid: Equity Savings 4.08 9.00 -0.11 -0.10 1.29 -2.21
Rank within category 5 3 6 6 3 5
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 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 37
Number of Bonds 8
Average Maturity (yrs) 0.55
Top 10 Holdings (%) 47.80
Portfolio P/B Ratio 2.75
Portfolio P/E Ratio 22.07

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
new 4.75% Federal Bank 181-D Term Deposits -- 0.00 - 5.11 5.11
equal 7.57% Ultratech Cement 2021 Debenture AAA 1.89 - 2.84 2.64
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 2.80 2.62
equal 6.00% Punjab National Bank 182-D Term Deposits -- 0.00 - 2.80 2.56
new 5.70% Federal Bank 366-D Term Deposits -- 0.00 - 2.56 2.56
new 5.60% Federal Bank 365-D Term Deposits -- 0.00 - 1.92 1.92
equal 8.25% IRFC 28/02/2024 Debenture AAA 1.30 - 2.37 1.41
new Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 0.10 0.10

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
up HDFC Financial 14.62 9.12 0.00 7.97
down ITC FMCG 15.89 7.34 0.92 5.83
down Reliance Industries Energy 33.59 7.94 0.00 5.38
equal Maruti Suzuki India Automobile 30.98 5.57 0.00 5.31
equal Infosys Technology 21.36 8.84 0.00 4.76
up HDFC Bank Financial 21.59 4.62 0.00 4.62
up United Spirits FMCG 67.23 3.42 0.00 3.42
equal ICICI Bank Financial 23.75 3.46 0.00 2.76
new HDFC Asset Management Company Financial 41.69 2.48 0.00 2.48
equal Max Financial Services Financial 101.33 1.95 0.00 1.92
equal Tata Consultancy Services Technology 26.88 4.20 0.00 1.86
up Bharti Airtel Communication -- 5.48 0.00 1.75
equal Kotak Mahindra Bank Financial 29.85 1.91 0.00 1.67
new Reliance Industries Ltd - Partly Paid Equity Energy -- 1.66
down Hindustan Unilever FMCG 79.19 2.15 0.00 1.60
up Titan Company Cons Durable 57.64 1.39 0.00 1.39
equal Larsen & Toubro Construction 13.44 2.09 0.00 1.30
equal Atul Chemicals 20.78 1.03 0.00 0.96
equal State Bank of India Financial 8.43 3.34 0.63 0.90
equal Nestle India FMCG 80.10 0.99 0.00 0.88
down Exide Industries Engineering 17.07 6.84 0.86 0.86
equal NTPC Energy 13.09 1.95 0.00 0.82
equal Bajaj Finance Financial 37.29 0.80 0.00 0.80
down Sun Pharmaceutical Inds. Healthcare 31.62 7.22 0.00 0.68
equal Mahindra & Mahindra Automobile 540.69 1.50 0.00 0.66

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-Jun-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:


-0.76%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 39.7899

Dividend Quarterly: ₹ 15.9635

Dividend Half Yearly: ₹ 11.8673


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 (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 6.78%
Benchmark: CRISIL Liquid (70), NIFTY 50 TRI (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 39 Cr (As on 30-Jun-2020)
Expense: 1.30% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 71.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly17-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
 26-May-20130.0597
Dividend Quarterly17-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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM