Fund Name: Principal balanced (D)
CRISIL Rank: NA
Category: Equity – Hybrid
Expense Ratio: 2.70%
Risk Level: Average
Benchmark: Crisil balanced
Objective: The scheme seeks long-term capital appreciation and current income from a balanced portfolio of equity and debt securities
Principal balanced (G) fund has made its inception in the year2000. Since inception, it has produced annualized returns of 10%. It has managed to beat the benchmark index as well as category average comprehensively in the 1, 3 and 5 year returns.
Top 5 holdings of the fund include State bank of Mysore, ICICI bank, ITC, RIL and Motherson Sumi. The fund invests 66% of assets into equities and 26% in debt with rest held as cash.