Principal Balanced Advantage Fund - Direct Plan - Growth Option

Principal Balanced Advantage Fund - Direct Plan - Growth Option of Principal Mutual Fund has asset class type as Hybrid-Equity. Oro Wealth rating for the fund is 2.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

1.57

Age

NA Years

Fund Manager

P V K Mohan

AuM (Rs Crores)

169.0062

Asset Class

Hybrid-Equity

Net Asset Value:

21.73

Rating

2

Exit Load

0.01

Benchmark

CRISIL Hybrid 35+65 - Aggressive Index

Fund Type

Balanced

SEBI Category

Dynamic Asset Allocation or Balanced Advantage

Turnover Ratio(Monthly)

6.39 Times

Fund Manager Details:

P V K Mohan PGDM from IIM Banglore and B.E from REC Calicut. He joined Principal PNB Amc as senior fund manager -Equity in may 21. Prior to this he worked as senior fund manager equity in ICICI prudential Mutual fund and as portfilio manager in DSp Blackroch mutual fund and later as fund manager of IL&FS mutual fund.

Objective:

To generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt / money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of 'Price to Earnings' Ratio; the Scheme will reduce its allocation to equities and move assets into debt and / or money market instruments and vice versa.

Top Holdings:

  • Finance (15.87)
  • Pharmaceuticals (12.1)
  • Banks (9.91)
  • Automobile (8.4)
  • FMCG (5.17)
  • Power Generation & Distribution (3.58)
  • IT - Software (3.31)
  • Cement (2.18)
  • Refineries (1.29)
  • Tobacco Products (1.8)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition