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4 star

Principal Hybrid Equity Fund


Hybrid: Aggressive Hybrid

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.68 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 -1.52 0.53 2.53 3.95 16.10 -2.86 3.57 3.92 7.68 13.45 9.17
VR Balanced TRI -4.75 0.40 2.89 3.98 18.21 -4.05 3.24 6.15 7.13 11.16 8.61
Hybrid: Aggressive Hybrid -3.20 0.71 2.76 4.10 16.31 -5.00 3.87 3.05 5.57 12.30 8.81
Rank within category 13 31 30 20 17 10 23 13 5 11 10
Number of funds in category 44 44 44 44 44 44 43 33 26 23 21

As on 10-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Hybrid Equity Fund
4 star
Jan-00 3.57 3.92 7.68 2.22 1,118
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 5.26 6.92 7.63 1.63 31,434
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 6.66 5.41 6.97 1.91 5,764
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 5.77 6.02 8.63 1.88 3,468
HDFC Children's Gift Fund  | Invest Online
4 star
Mar-01 5.59 4.97 7.25 1.97 3,211

Best & Worst Performance

Best (Period) Worst (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 3.46 15.18 -0.12 -0.13 0.83 -2.68
VR Balanced TRI 6.33 17.40 0.06 0.07 -- --
Hybrid: Aggressive Hybrid 2.87 16.55 -0.14 -0.14 0.90 -3.35
Rank within category 15 7 16 16 7 15
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 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Holdings (%) 38.20
Top 5 Holdings (%) 25.76
Top 3 Sectors (%) 40.78
Portfolio P/B Ratio 3.20
Portfolio P/E Ratio 25.65

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 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 2.34 2.34
down 7.35% HDFC 2025 Debenture AAA 0.00 - 2.26 1.90
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 1.32 - 2.06 1.86
new 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 1.80 1.80
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 3.28 1.27
equal Godrej Agrovet 175-D 31/08/2020 Commercial Paper A1+ 0.00 - 1.10 1.07
equal 7.25% The Ramco Cements 20/12/2021 Debenture AA+ 0.00 - 0.99 0.92
down 6.84% GOI 19/12/2022 GOI Securities SOV 0.42 - 1.16 0.90
new JM Financial Products 11-D 10/08/2020 Commercial Paper A1+ 0.00 - 0.89 0.89
down 7.17% GOI 2028 GOI Securities SOV 0.00 - 1.85 0.87
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.40 - 1.37 0.77
equal 7.14% REC 2021 Bonds AAA 0.44 - 0.69 0.65
new 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 0.52 0.52
down 6.18% GOI 2024 GOI Securities SOV 0.00 - 2.26 0.52
equal 8.90% Maharashtra State 19/12/2022 State Development Loan SOV 0.00 - 0.52 0.49
equal 7.60% ICICI Bank 2023 Bonds AAA 0.00 - 0.51 0.48
equal 7.57% Ultratech Cement 2021 Debenture AAA 0.32 - 0.50 0.46
equal Axis Bank 23/09/2020 Certificate of Deposit A1+ 0.00 - 0.46 0.45
new Reliance Jio Infocomm 91-D 03/08/2020 Commercial Paper A1+ 0.00 - 0.45 0.45
equal 7.50% Power Finance Corp. 17/09/2020 Bonds AAA 0.00 - 0.48 0.45
equal Larsen & Toubro 90-D 27/08/2020 Commercial Paper A1+ 0.00 - 0.46 0.45
new Indian Oil Corp. 17-D 03/08/2020 Commercial Paper A1+ 0.00 - 0.45 0.45
new 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 0.42 0.42
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.83 0.39
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 0.39 0.37

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 33.65 7.40 0.49 7.40
down HDFC Bank Financial 20.55 6.77 1.67 6.15
equal Infosys Technology 24.05 5.62 0.00 5.62
up Bharti Airtel Communication -- 3.40 0.00 3.33
down ICICI Bank Financial 23.32 5.73 1.16 3.26
down Hindustan Unilever FMCG 76.17 3.43 0.89 3.26
equal HDFC Financial 14.54 2.91 0.00 2.63
equal Tata Consultancy Services Technology 27.68 2.72 1.01 2.25
equal Kotak Mahindra Bank Financial 31.77 3.29 0.67 1.96
equal Ultratech Cement Construction 21.74 1.63 0.00 1.62
equal Divi's Laboratories Healthcare 52.16 1.40 0.00 1.40
equal ITC FMCG 17.56 2.83 0.51 1.39
equal Dixon Technologies Engineering 96.92 1.38 0.00 1.38
equal SBI Life Insurance Company Financial 60.06 1.98 0.00 1.36
equal Larsen & Toubro Construction 16.15 2.33 0.79 1.33
down Maruti Suzuki India Automobile 49.70 1.69 0.00 1.20
equal Hero Motocorp Automobile 15.13 2.05 0.00 1.15
down Max Financial Services Financial 59.48 2.05 0.00 1.12
down Axis Bank Financial 73.49 1.88 0.00 1.10
equal Sun Pharmaceutical Inds. Healthcare 179.79 1.38 0.43 1.09
up MRF Automobile 18.48 1.14 0.00 1.06
equal State Bank of India Financial 8.06 3.25 0.92 1.03
equal Bajaj Finance Financial 41.15 1.62 0.00 1.02
up HCL Technologies Technology 16.05 1.99 0.63 1.01
equal Balkrishna Industries Automobile 27.44 0.90 0.00 0.90

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-Jul-2020

*As on 30-Jun-2020

Fund Manager

— 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

Funds Managed:

— 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:

— 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.


0.53%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 75.7900

Dividend Monthly: ₹ 21.5900


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 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 1
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: 10.34%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,118 Cr (As on 31-Jul-2020)
Expense: 2.22% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 37.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly17-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
 17-Oct-20190.1970
 17-Sep-20190.1979
 16-Aug-20190.2021
 17-Jul-20190.2097
 17-Jun-20190.2208
 17-May-20190.2190
 16-Apr-20190.2285
 15-Mar-20190.2236
 15-Feb-20190.2234
 17-Jan-20190.2279
 17-Dec-20180.2226
 16-Nov-20180.2290
 17-Oct-20180.2274
 17-Sep-20180.2454
 17-Aug-20180.2461
 17-Jul-20180.2422

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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