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Unrated

Principal Retirement Savings Fund Progressive Plan - Direct Plan


Hybrid: Aggressive Hybrid

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.45 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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(₹)
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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 -8.91 0.06 -0.12 7.15 15.81 -10.33 -7.95 -0.36 -- -- --
VR Balanced TRI -8.14 0.29 0.44 7.05 16.98 -9.17 -3.30 4.75 -- -- --
Hybrid: Aggressive Hybrid -6.36 0.09 0.26 6.13 13.93 -7.53 -1.82 2.29 -- -- --
Rank within category 36 24 34 4 7 36 37 26 -- -- --
Number of funds in category 43 43 43 43 43 43 40 32 24 23 0

As on 13-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 - Direct Plan
Unrated
Dec-15 -7.95 -0.36 -- 1.18 2
SBI Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.28 5.90 8.19 1.03 30,192
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 -6.17 2.33 7.39 1.24 17,615
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.88 4.70 8.11 0.89 5,661
Mirae Asset Hybrid Equity Fund - Direct Plan  | Invest Online
5 star
Jul-15 0.66 6.48 -- 0.44 3,468

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.15 (24-Mar-2020 - 31-Mar-2020) -17.05 (16-Mar-2020 - 23-Mar-2020)
Month 18.81 (23-Mar-2020 - 22-Apr-2020) -34.89 (20-Feb-2020 - 23-Mar-2020)
Quarter 29.91 (23-Mar-2020 - 22-Jun-2020) -32.37 (23-Dec-2019 - 23-Mar-2020)
Year 32.50 (26-Dec-2016 - 26-Dec-2017) -31.04 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.40 18.09 -0.22 -0.23 1.01 -4.51
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Aggressive Hybrid 3.38 16.32 -0.11 -0.11 0.90 -2.47
Rank within category 27 31 27 26 33 28
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 33.24 7.99 0.00 7.99
down HDFC Bank Financial 21.76 7.86 0.00 7.43
down Infosys Technology 20.45 4.66 0.00 4.49
down Tata Consultancy Services Technology 26.68 4.12 0.00 3.95
down ICICI Bank Financial 23.93 7.28 0.00 3.94
down Bharti Airtel Communication -- 3.62 0.00 3.38
up HDFC Financial 14.94 3.21 0.00 3.21
down Hindustan Unilever FMCG 78.80 6.82 0.00 3.02
up Kotak Mahindra Bank Financial 30.75 3.56 0.00 2.83
down Divi's Laboratories Healthcare 43.11 2.59 0.00 2.25
up Coromandel International Chemicals 20.68 2.01 0.00 2.01
equal Larsen & Toubro Construction 13.65 3.55 0.00 2.00
down Maruti Suzuki India Automobile 31.89 2.71 0.00 1.99
equal Abbott India Healthcare 55.63 2.11 0.00 1.79
equal Bajaj Finance Financial 37.01 1.77 0.00 1.77
down SBI Life Insurance Company Financial 60.70 2.05 0.00 1.42
up Avenue Supermarts Services 142.04 1.49 0.00 1.41
down Max Financial Services Financial 104.25 2.53 0.00 1.38
down Orient Electric Engineering 47.10 1.61 0.00 1.35
down Dixon Technologies Engineering 61.96 1.31 0.00 1.31
equal TCI Express Ltd. Services 27.64 1.33 0.00 1.28
down ITC FMCG 15.86 3.24 0.00 1.26
down Balkrishna Industries Automobile 25.75 1.26 0.00 1.26
down Bayer CropScience Healthcare 54.12 1.26 0.00 1.26
down Ultratech Cement Construction 18.80 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:


0.06%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 12.8328


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 (₹) 100
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: 5.59%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2 Cr (As on 30-Jun-2020)
Expense: 1.18% (As on 30-Jun-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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

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