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Unrated

Principal Retirement Savings Fund Progressive Plan - Regular Plan


Hybrid: Aggressive Hybrid

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.39 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than 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 its sharp ups and downs.

Like 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 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.25 0.84 1.72 6.99 14.47 -9.76 -8.66 -0.29 -- -- --
VR Balanced TRI -8.10 0.88 2.15 6.47 15.84 -8.44 -3.22 5.46 -- -- --
Hybrid: Aggressive Hybrid -6.77 0.59 2.22 5.78 12.84 -7.28 -2.77 1.72 -- -- --
Rank within category 34 2 25 3 9 34 37 25 -- -- --
Number of funds in category 43 43 43 43 43 43 40 32 24 23 21

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Retirement Savings Fund Progressive Plan - Regular Plan
Unrated
Dec-15 -8.66 -0.29 -- 2.25 2
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 -0.04 5.88 7.39 1.74 28,583
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 -6.22 2.03 6.55 1.75 17,423
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 3.38 4.35 7.40 1.89 5,406
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 -0.67 5.47 -- 1.91 3,274

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.14 (24-Mar-2020 - 31-Mar-2020) -17.05 (16-Mar-2020 - 23-Mar-2020)
Month 18.72 (23-Mar-2020 - 22-Apr-2020) -34.95 (20-Feb-2020 - 23-Mar-2020)
Quarter 29.58 (23-Mar-2020 - 22-Jun-2020) -32.59 (23-Dec-2019 - 23-Mar-2020)
Year 31.65 (26-Dec-2016 - 26-Dec-2017) -31.67 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 0.73 18.06 -0.25 -0.27 1.01 -5.19
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Aggressive Hybrid 2.29 16.30 -0.18 -0.19 0.90 -3.56
Rank within category 25 31 24 24 33 26
Number of funds in category 34 34 34 34 34 34

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Holdings (%) 42.49
Top 5 Holdings (%) 27.80
Top 3 Sectors (%) 45.36
Portfolio P/B Ratio 3.26
Portfolio P/E Ratio 25.66

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
new Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 0.49 0.49

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
down Reliance Industries Energy 31.35 7.99 0.00 7.99
down HDFC Bank Financial 22.68 7.86 0.00 7.43
down Infosys Technology 20.06 4.66 0.00 4.49
down Tata Consultancy Services Technology 25.58 4.12 0.00 3.95
down ICICI Bank Financial 25.08 7.28 0.00 3.94
down Bharti Airtel Communication -- 3.62 0.00 3.38
up HDFC Financial 15.72 3.21 0.00 3.21
down Hindustan Unilever FMCG 75.69 6.82 0.00 3.02
up Kotak Mahindra Bank Financial 31.51 3.56 0.00 2.83
down Divi's Laboratories Healthcare 41.96 2.59 0.00 2.25
up Coromandel International Chemicals 20.80 2.01 0.00 2.01
equal Larsen & Toubro Construction 13.89 3.55 0.00 2.00
down Maruti Suzuki India Automobile 31.95 2.71 0.00 1.99
equal Abbott India Healthcare 55.74 2.11 0.00 1.79
equal Bajaj Finance Financial 38.12 1.77 0.00 1.77
down SBI Life Insurance Company Financial 59.09 2.05 0.00 1.42
up Avenue Supermarts Services 115.56 1.49 0.00 1.41
down Max Financial Services Financial 104.04 2.53 0.00 1.38
down Orient Electric Engineering 48.13 1.61 0.00 1.35
down Dixon Technologies Engineering 59.81 1.31 0.00 1.31
equal TCI Express Ltd. Services 29.40 1.33 0.00 1.28
down ITC FMCG 15.70 3.24 0.00 1.26
down Balkrishna Industries Automobile 25.53 1.26 0.00 1.26
down Bayer CropScience Healthcare 54.87 1.26 0.00 1.26
down Ultratech Cement Construction 19.07 1.80 0.00 1.25

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

— 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.

Funds Managed:


0.84%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 12.4693


Investment Strategy

The scheme seeks to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 14-Dec-2015
Return Since Launch: 4.94%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2 Cr (As on 30-Jun-2020)
Expense: 2.25% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: --

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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Investing rationally when markets are irrational.

dateSaturday, 11-Jul-2020
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