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Unrated

Principal Retirement Savings Fund Progressive Plan - Regular Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.80 Lakh

Analyst's Choice?

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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(₹)
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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 1.15 -0.19 0.17 0.86 3.32 3.77 6.61 6.96 -- -- --
VR Balanced TRI -0.70 -0.45 -0.76 -1.23 3.67 6.45 13.42 11.98 -- -- --
Hybrid: Aggressive Hybrid 1.22 -0.28 0.22 0.94 4.40 7.86 11.86 8.06 -- -- --
Rank within category 25 16 21 25 33 41 34 21 -- -- --
Number of funds in category 43 43 43 43 42 42 38 31 24 23 21

As on 28-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.49 (25-Feb-2016 - 03-Mar-2016) -5.20 (05-Feb-2016 - 12-Feb-2016)
Month 8.04 (29-Feb-2016 - 30-Mar-2016) -9.11 (07-Sep-2018 - 09-Oct-2018)
Quarter 13.29 (29-Feb-2016 - 30-May-2016) -8.30 (26-Sep-2016 - 26-Dec-2016)
Year 31.65 (26-Dec-2016 - 26-Dec-2017) -8.06 (03-Sep-2018 - 03-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.57 9.57 0.30 0.48 0.85 -3.92
VR Balanced TRI 13.65 10.24 0.77 1.18 -- --
Hybrid: Aggressive Hybrid 9.64 9.97 0.40 0.62 0.85 -2.86
Rank within category 22 15 22 21 18 22
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Holdings (%) 33.41
Top 5 Holdings (%) 21.73
Top 3 Sectors (%) 40.46
Portfolio P/B Ratio 3.54
Portfolio P/E Ratio 27.83

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 Reserve Bank of India 364-D 09/01/2020 Treasury Bills SOV 0.00 - 0.44 0.44

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
up HDFC Bank Financial 25.81 5.74 0.00 5.74
down ICICI Bank Financial 36.30 5.41 0.00 5.26
up Reliance Industries Energy 21.56 5.22 0.00 4.80
up State Bank of India Financial 28.15 3.46 0.00 3.10
up Infosys Technology 20.53 2.83 0.00 2.83
up Tata Consultancy Services Technology 25.11 2.94 0.00 2.61
down Kotak Mahindra Bank Financial 35.85 2.97 0.00 2.50
up Larsen & Toubro Construction 19.58 3.27 0.00 2.37
up ITC FMCG 20.95 2.64 0.00 2.30
up HDFC Financial 19.30 2.22 0.00 1.90
up Bharti Airtel Communication -- 1.77 0.00 1.68
up GSK Consumer Healthcare FMCG 34.21 1.65 0.00 1.65
new Maruti Suzuki India Automobile 34.42 1.59 0.00 1.59
new Max Financial Services Financial 78.93 1.48 0.00 1.48
up Axis Bank Financial 43.74 1.71 0.00 1.42
down Dabur India FMCG 57.86 1.57 0.00 1.24
up City Union Bank Financial 23.88 1.18 0.00 1.18
up Ultratech Cement Construction 37.59 1.16 0.00 1.16
equal Indusind Bank Financial 19.51 1.15 0.00 1.11
new Aditya Birla Fashion and Retail Services 59.00 1.07 0.00 1.07
new Divi's Laboratories Healthcare 40.85 1.07 0.00 1.07
new Equitas Holdings Financial 444.31 1.06 0.00 1.06
new SRF Diversified 25.68 1.06 0.00 1.06
equal Abbott India Healthcare 51.15 1.04 0.00 1.04
up HCL Technologies Technology 15.86 1.48 0.00 1.02

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-Dec-2019

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:


-0.19%

Change from previous, NAV as on 28-Jan-2020

Growth: ₹ 13.8975


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: 8.30%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2 Cr (As on 31-Dec-2019)
Expense: 2.27% (As on 31-Dec-2019)
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: www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

How worrisome is the slowdown

dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM