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3 star

Principal Hybrid Equity Fund


1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.93 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

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

Like for 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 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 23.08 -2.42 -3.72 -4.29 3.92 12.79 30.75 14.25 14.22 12.15 15.26
VR Balanced TRI 20.19 -2.54 -3.62 -5.85 2.48 11.43 28.09 16.61 15.44 11.10 13.76
Hybrid: Aggressive Hybrid 23.99 -2.11 -2.82 -3.29 3.78 12.04 31.87 15.66 13.11 10.85 14.20
Rank within category 20 44 47 40 18 14 20 27 10 8 8
Number of funds in category 48 49 49 49 49 49 47 40 31 26 24

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Hybrid Equity Fund
3 star
Jan-00 30.75 14.25 14.22 2.22% 1,107
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 28.97 17.17 14.23 1.66% 48,043
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 52.92 19.26 15.58 1.80% 18,740
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 28.58 18.50 14.09 1.86% 7,559
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 25.79 17.65 14.95 1.93% 6,901

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 16.27 27-Oct-2008 - 04-Nov-2008 -14.75 15-Jan-2008 - 22-Jan-2008
Month 23.87 11-May-2009 - 10-Jun-2009 -27.71 20-Feb-2020 - 23-Mar-2020
Quarter 62.08 09-Mar-2009 - 10-Jun-2009 -34.18 22-Feb-2000 - 23-May-2000
Year 91.69 24-Apr-2003 - 23-Apr-2004 -46.31 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.68 15.34 0.77 0.85 0.84 -0.79
VR Balanced TRI 18.85 17.75 0.84 0.97 -- --
Hybrid: Aggressive Hybrid 17.26 16.68 0.81 0.85 0.89 0.05
Rank within category 32 8 23 20 8 24
Number of funds in category 41 41 41 41 41 41

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 60
Top 10 Holdings (%) 31.70
Top 5 Holdings (%) 22.25
Top 3 Sectors (%) 42.10
Portfolio P/B Ratio 3.65
Portfolio P/E Ratio 29.01
Avg Credit Rating AAA

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 7.35% HDFC 2025 Debenture AAA 1.41 - 2.00 1.41
equal 5.22% GOI 15/06/2025 GOI Securities SOV 1.16 - 1.67 1.17
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.88 - 1.23 1.14
new Astec Lifesciences 64-D 28/12/2021 Commercial Paper A1+ 0.00 - 1.08 1.08
equal 7.49% Indian Railway Finance Corporation 30/05/2027 Debenture AAA 0.00 - 1.02 0.96
equal 7.70% Larsen & Toubro 28/04/2025 Debenture AAA 0.95 - 1.02 0.96
equal 7.17% GOI 2028 GOI Securities SOV 0.94 - 2.49 0.95
equal 7.25% The Ramco Cements 20/12/2021 Debenture AA+ 0.90 - 0.98 0.91
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 0.90 0.90
equal 6.18% GOI 2024 GOI Securities SOV 0.88 - 1.40 0.88
equal 7.27% GOI 2026 GOI Securities SOV 0.76 - 1.31 0.76
equal Axis Finance 168-D 18/11/2021 Commercial Paper A1+ 0.00 - 0.72 0.72
equal 5.15% GOI 2025 GOI Securities SOV 0.36 - 0.76 0.71
equal 6.97% GOI 2026 GOI Securities SOV 0.29 - 0.68 0.66
equal 7.14% REC 2021 Bonds AAA 0.63 - 0.68 0.63
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.60 - 0.65 0.60
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.51 - 0.55 0.51
equal 7.60% ICICI Bank 2023 Bonds AAA 0.47 - 0.50 0.47
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.45 - 0.48 0.45
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.42 - 0.44 0.42
equal 8.06% Maharashtra State 2025 State Development Loan SOV 0.00 - 0.42 0.39
equal 8.08% Karnataka State 2025 State Development Loan SOV 0.00 - 0.41 0.39
equal 8.25% Maharashtra State 2025 State Development Loan SOV 0.39 - 0.42 0.39
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.38 - 0.41 0.38
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 0.40 0.38

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 ICICI Bank Financial 23.49 5.73 3.24 5.35
down Infosys Technology 34.16 5.86 2.65 5.07
down HDFC Bank Financial 24.31 7.61 3.79 4.79
down Reliance Industries Energy 31.61 7.63 3.24 4.26
down HDFC Financial 23.58 3.76 1.85 2.78
equal State Bank of India Financial 14.47 3.25 0.92 2.63
down Larsen & Toubro Construction 28.37 2.31 1.33 1.83
down Tata Consultancy Services Technology 35.40 2.80 1.78 1.78
up Axis Bank Financial 19.96 2.07 0.95 1.68
down Bharti Airtel Communication 143.64 3.40 1.22 1.53
down Sona BLW Precision Forgings Automobile 201.87 1.51 0.00 1.51
equal Bajaj Finserv Financial 63.63 1.49 0.00 1.49
down Bajaj Finance Financial 83.70 1.63 0.00 1.44
down Hindustan Unilever FMCG 65.14 3.43 1.37 1.37
down Ultratech Cement Construction 33.47 1.77 0.00 1.36
down Divi's Laboratories Healthcare 61.23 1.64 0.00 1.23
equal BEML Engineering 70.88 1.16 0.00 1.16
down Polycab India Engineering 40.58 1.32 0.00 1.12
down Avenue Supermarts Services 220.42 1.30 0.00 1.11
up Tata Motors Automobile -- 1.07 0.00 1.07
equal Hindalco Inds. Metals 9.43 1.12 0.00 1.06
equal Canara Bank Financial 8.06 1.03 0.00 1.03
equal Ashok Leyland Automobile -- 1.03 0.00 1.03
down Dixon Technologies Engineering 158.90 1.48 0.00 1.01
equal Godrej Properties Construction -- 1.00 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

— 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.

Interviews:

Funds Managed:

— Bekxy Kuriakose since 21-Mar-2016

Education: Ms. Kuriakose is a BA (Economics) from Delhi University and PGDM from IIM,Bangalore

Experience: Prior to joining Principal Mutual Fund she has worked with L&T Mutual Fund, Reliance Life Insurance Co. Ltd ,SBI Mutual Fund and Tata Administrative Services

Interviews:

Funds Managed:

— Ashish Aggarwal since 14-Oct-2019

Education: Mr. Aggarwal has done BE, PGPM

Experience: Prior to joining Principal Asset Management Private Limited, he has worked with IL&FS Investsmart, Tata Securities and Antique Stock Broking.


0.04%

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

Growth: ₹ 110.2200

IDCW Monthly: ₹ 28.4100


Investment Strategy

The scheme seeks long-term capital appreciation and current income from a balanced portfolio of equity and debt securities.

Investment Details

Minimum Investment (₹) 300
Minimum Addl Investment (₹) 300
Minimum SIP Investment (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 24% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 14-Jan-2000
Return Since Launch: 11.59%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,107 Cr (As on 31-Oct-2021)
Expense: 2.22% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly17-Nov-20210.1647

 14-Oct-20210.1626
 17-Sep-20210.1589
 17-Aug-20210.1520
 16-Jul-20210.1478
 17-Jun-20210.1546
 17-May-20210.1491
 16-Apr-20210.1488
 17-Mar-20210.1498
 17-Feb-20210.1507
 15-Jan-20210.1463
 17-Dec-20200.1816
 17-Nov-20200.1704
 16-Oct-20200.1665
 17-Sep-20200.1630
 17-Aug-20200.1641
 17-Jul-20200.1590
 17-Jun-20200.1776
 15-May-20200.1698
 17-Apr-20200.1702
 17-Mar-20200.1679
 17-Feb-20200.1848
 17-Jan-20200.1853
 17-Dec-20190.2013
 15-Nov-20190.2047

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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