Give your investments
the Right Balance!

Balanced

Principal Balanced Fund

(An open ended Balanced Scheme)

This product is suitable for investors who are seeking*

  • Income and Long term Capital Growth
  • Investment in equity & equity related securities, debt money market securities as well as derivatives.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

To provide long term appreciation and current income by investing in a portfolio of equity, equity related securities and fixed income securities.

Fund Manager:
Mr. P.V.K. Mohan - Equity Portion / Ms. Bekxy Kuriakose - Debt Portion
Allotment Date:
January 14, 2000
Benchmark:
Crisil Balanced Fund - Aggressive Index

Under normal circumstances,the asset allocation would be as follows:

Types of Instruments Minimum% Maximum% Risk Profile
Equity & Equity Related Instruments 60 70 Medium to High
Debt and Money market Instruments (including units of Liquid / Money Market / Debt Mutual Fund Schemes and Securitised Debt*) 30 40 Low to Medium

*Investment in Securitised Debt may be up to 20% of the net assets of the Scheme.

The Asset Management Company reserves the right to invest in derivatives as follows:

Particulars Normal Allocation (% of Net Assets)
Derivatives Upto 50% of the net assets of the Scheme

Investment in Overseas Financial Instruments are as follows:

Particulars Normal Allocation (% of Net Assets)
ADRs / GDRs Not exceeding 15% of the Scheme's Assets
Overseas Financial Debt Instruments including overseas Mutual Funds Not exceeding 25% of the Scheme's Assets

Subject to the SEBI Regulations, the Mutual Fund may deploy upto 50% of its total net assets of the Scheme in Stock Lending.

Regular Plan and Direct Plan.
Both the Plan offer Dividend & Growth Option

The Dividend Option under both the Plan offers facility of Payout, Reinvestment and Sweep

Exit Load:
If redeemed/ switched on or before 1 year from the date of allotment:

  • Nil for redemption/ switch out of units upto 24% of the units allotted (the limit)
  • 1% on redemption in excess of 24% of the limit stated above
  • Redemption of units would be done on First in First out Basis (FIFO)
Nil thereafter

New Investor: 5000/-
Existing Investor: 1000/-

3.00 p.m.

In respect of purchase/switch-in of units for an amount equal to or more than 2 Lakhs, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped).

Regular Plan
On the first 100 crores 2.70% p.a.
On the next 300 crores 2.45% p.a.
On the next 300 crores 2.20% p.a.
On the balance  of the Daily Net Assets 1.95% p.a.

Direct Plan
On the first 100 crores 1.18% p.a.
On the next 300 crores 0.93% p.a.
On the next 300 crores 0.68% p.a.
On the balance  of the Daily Net Assets 0.43% p.a.

GST on Management Fees and proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets are charged in addition to the above stated Expense Ratios.

SIP / RWP / STP: Available

Minimum No. & Amt.

SIP : 6 installments of 2000/- each.

RWP: 6 installments of 500/- each.

STP : 6 installments of 1000/- each.