Formerly Principal Equity Savings Mn DR
However, Scripbox does not recommend investing in equity savings mutual funds.
Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
19 Years. The fund has an Extended history for analysis and the track record is excellent.
61 Cr. Small within the category
Relatively Poor. The category has a relatively poor investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
To provide capital appreciation and income distribution to the investors by using equity and equity related instruments,arbitrage opportunities,and investments in debt and money market instruments. However,there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.
Low to Moderate
Low to Moderate Risk
May 23, 2002
Launched (19y ago)
AUM in Crores
NIFTY Equity Savings TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 93,338||5.00%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Comparison with Hybrid Funds
Multi Asset Allocation
About the AMC
Principal Asset Management Private Limited
Principal Asset Management Private Limited manages assets worth 7,381 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 26 equity,31 debt and 16 hybrid funds.
₹ 2,328 Cr
₹ 473 Cr
₹ 201 Cr
₹ 184 Cr
₹ 201 Cr
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Principal Equity Savings fund (DR-M) is a equity savings hybrid fund and has delivered an annualised return of 7.0% over a period of 19 years .The fund was previously known as Principal Equity Savings Mn DR.The fund is managed by Principal Asset Management Private Limited.The fund managers are Gurvinder Wasan, Sudhir Kedia
To provide capital appreciation and income distribution to the investors by using equity and equity related instruments,arbitrage opportunities,and investments in debt and money market instruments. However,there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns. However, there is no assurance that the objective of the scheme will be realized.
The Principal Equity Savings fund (DR-M) fund was launched on May 23, 2002. The NAV (Net Asset Value) of this equity savings hybrid as of 2021-03-05 is ₹ 13.6662. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 60.833. The category risk of the Principal Equity Savings fund (DR-M) fund is Low to Moderate Risk. The fund charges 2.42 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 65.5% in this asset class. The top three holdings of the fund are 5.15% govt stock 2025,7.17% govt stock 2028 and housing development finance corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Equity Savings TR INR
Principal Equity Savings fund (DR-M) has a score of 1 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Principal Equity Savings fund (DR-M) has a score of 2 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.