March, 2017 Give your investments the Right Balance! Invest in Principal Balanced Fund. A fund that seeks to give the best of both worlds i.e. Capital appreciation through Equity exposure and Regular Income with low volatility through Fixed Income investment. Balanced Fund AN OPEN- ENDED BALANCED SCHEME 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 advisors if in doubt about whether the product is suitable for them. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
PRODUCT SUITABILITY Scheme Names This product is suitable for investors who are seeking ~ RISKOMETER Pg. No. Principal Large Cap Fund Long term Capital Growth. Investment in equity & equity related securities 8 (An Open-ended Equity Scheme) including equity derivatives of large capitalization Companies Principal Emerging Bluechip Fund Long term Capital Growth. Investment in equity & equity related securities 9 (An Open-ended Equity Scheme) including equity derivatives of mid & small capitalization Companies. Principal Growth Fund Long term Capital Growth. Investment in equity & equity related securities 10 (An Open-ended Equity Scheme) including equity derivatives of companies across market capitalization. Principal Dividend Yield Fund Long term Capital Growth. Investment in equity & equity related securities 11 (An Open-ended Equity Scheme) including equity derivatives of high dividend yield Companies. Principal Index Fund - Nifty Long term Capital Growth. Investment in equity securities including 12 (An Open-ended Index Scheme) equity derivatives of Nifty 50 Companies. Principal Index Fund - Midcap Long term Capital Growth. Investment in equity securities including 13 (An Open-ended Index Scheme) equity derivatives of Nifty Free Float Midcap 100. Principal SMART Equity Fund Long term Capital Growth. Investment in equity & equity related securities 14 (An Open-ended Equity Scheme) including equity derivatives of large capitalization Companies as well as Debt/ Money Market securities through a systematic allocation of Funds between Equity & Debt on the basis of the Price Earnings Ratio of Nifty 50. Principal Arbitrage Fund Income over short-term. Income through arbitrage opportunities between 15 (An Open-ended Equity Scheme) cash and derivative market and arbitrage opportunities within the derivative segment. Principal Personal Tax Saver Fund Long term Capital Growth with a three year lock-in. 16 (An Open-ended Equity Linked Savings Scheme) Investment in equity & equity related securities including equity derivatives of large capitalization Companies. Principal Tax Savings Fund Long term Capital Growth with a three year lock-in. 17 (An Open-ended Equity Linked Savings Scheme) Investment in equity & equity related securities including equity derivatives of companies across market capitalization. Principal Balanced Fund Income and Long term Capital Growth. Investment in equity & equity 18 (An Open-ended Balanced Scheme) related securities, debt/money market securities as well as derivatives. Principal Equity Savings Fund Income generation and capital appreciation over the medium to long term. 19 (An Open-ended Equity Scheme) Investment in equity and equity related instruments, debt and money market instruments and arbitrage opportunities. Principal Debt Savings Fund - Retail Plan Income over a long term investment horizon. 20 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Government Securities Fund Income over a long term investment horizon. 21 (An Open-ended dedicated Gilt Scheme Investment in Government Securities. investing in Government Securities) Principal Dynamic Bond Fund Income over a long term investment horizon. 22 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Credit Opportunities Fund Income over a long term investment horizon. 23 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments of Private & Public Sector Companies. Principal Short Term Income Fund Income over a medium term investment horizon. 24 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Bank CD Fund Income over a medium term investment horizon. 25 (An Open-ended Debt Scheme) Investment in Bank CDs, Debt & Money Market Instruments. Principal Low Duration Fund Income over a short term investment horizon. 26 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments. Principal Retail Money Manager Fund Income over a short term investment horizon. 27 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments. Principal Global Opportunities Fund Long term Capital Growth. 28 (An Open-ended Fund of Funds Scheme) Investment in overseas mutual fund schemes. Principal Cash Management Fund Income over a short term investment horizon. 29 (An Open-ended Liquid Scheme) Investment in Debt & Money Market Instruments, with maturity not exceeding 91 days. Principal Asset Allocation Fund-of-Funds - Income and Capital growth over a long term investment horizon. 30 Conservative Plan Investment primarily in debt/money market mutual funds with some (An open-ended Fund-of-Funds Scheme) exposure to equity mutual funds. Principal Asset Allocation Fund-of-Funds - Capital growth and Income over a long term investment horizon. 31 Moderate Plan Investment in a basket of equity mutual funds, debt/money market (An open-ended Fund-of-Funds Scheme) mutual funds and Gold ETFs. Principal Asset Allocation Fund-of-Funds - Capital growth over a long term investment horizon. 32 Aggressive Plan Investment primarily in equity mutual funds with some allocation to (An open-ended Fund-of-Funds Scheme) debt/money market mutual funds and Gold ETFs. ~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Fund Manager Commentary Debt Markets March 2017 Fixed Income Market Update: March 2017 Key Market Highlights: The month was characterized by volatility in gilt and long term corporate bond yields. Yields rose sharply in first half of month, however short covering and relief rally saw yields declining towards second half of the month. Money market rates remained benign on ample system liquidity. The ten year benchmark gilt closed at 6.68%, 19 bps lower than the previous month. The ten year AAA Corporate bond benchmark closed at 7.93%, 10 bps higher than previous month. The five year AAA corporate bond benchmark closed at 7.56%, 3 bps higher as compared to previous month. SDL and Uday Bonds supply also kept long term corporate bond yields on the higher side. SDL spreads (10 year segment) has widened to 85-90 bps. 1 year CD rates declined by 32 bps to close at 6.6%. 1 year T bill yield declined by 11 bps to close at 6.10%. 3 months CD rates closed at 6.25%, similar levels as previous month. Brent Crude oil prices declined to USD 53 per barrel. INR continued to appreciate and closed the month around 64.85 as compared to 66.69 the previous month. For the month of March, FIIs were net buyers in the debt market to the tune of Rs 36709 cr approx. This record buying was one of the main reasons for INR appreciation. The ten year benchmark US treasury yield ended at similar levels at 2.39%. US FOMC hiked key rates by 25 bps during the month. Prior to the event 10 year US treasury yields had touched a high of 2.60% but later declined. February WPI data release came at 6.55% as compared to 5.25% in previous month. CPI for February came at 3.65% compared to 3.17% in previous month. January Industrial production (IIP) growth came at 2.7%. The fiscal deficit data for period April-February 2017 touched Rs 6.05 lakh crore or 113.4 per cent of Budget estimates for FY 2016-17. Banking system liquidity remained well in surplus mode. The outstanding CMBs have fully matured. Banking system averaged a surplus of Rs 4.67 lakh crore at various RBI liquidity facilities put together. Government borrowing calendar of marketable dated Gsecs for first half was released. Borrowing for first half is Rs 3.72 lakh crore, around 60% of full year target similar to previous year. Outlook: We expect banking system liquidity to remain well in surplus zone. Government bond yields may rise as primary auction supply resumes. The ten year benchmark Gsec yield is expected to trade in a range of 6.60-7.00% during the month. The five year AAA Corporate bond benchmark is expected to trade in a range of 7.30%-7.65%. Money market rates are expected to remain stable on back of low CD issuance and surplus banking system liquidity. We expect RBI to keep key rates unchanged at the upcoming RBI monetary policy review. However RBI may announce liquidity absorption related measures. 3
Fund Manager Commentary Equity Markets March 2017 Review of Equity Markets for the month of March The Nifty index rallied 3.3% during the month of March. The Index is now up 12% CYTD, having hit a life time high in the month. While FII equity inflows into India were virtually zero in the month of January, FII inflow into EMs as a category picked up dramatically subsequently with India getting more than a fair share. According to JP Morgan data, flows from offshore investors into EM equity year to date (data till March 29), have been USD 13.1 Billion while India has received USD 6.70 Billion (till March 31), with more than USD 5 Billion coming in the month of March itself. The EMs as a category have done well with MSCI EM index up 11.1% YTD (MSCI India up 11.7% YTD). Domestic flows into mutual funds remained strong. During the month, mutual funds were net buyers of USD 360 million of equity while insurance companies were net sellers (USD 1.3 Billion). The Indian Rupee was one of the best performing currencies in the month (up 2.75%) vs the USD. YTD it is up 4.5% vs the USD, which means that returns from Indian equity are even better for offshore investors. Crude oil (Brent) was weak (down 5%) during the month led by news of increased US inventory. Commodities were broadly flat with the CRB index of all commodities down about 0.4%. In metals and related areas, there were no major movers except for iron ore which was down 12% during the month. This was likely led by increasing Chinese production and high stockpiles of ore lying in China. Gold and silver were virtually unchanged. In global developments, the US Fed raised the target range for Federal funds rates by 25 bps as expected. The accompanying press release said that..with gradual adjustments in the stance of the monetary policy, economic activity will expand at a moderate pace, labor market conditions will strengthen somewhat further etc. It also said that the PERFORMANCE AS ON MARCH 31, 2017* Index 1 Month 3 Months 6 Months 1 Year (%) (%) (%) (%) Broad Markets Nifty 50 9174 3.31 11.94 6.53 18.55 S&P BSE Sensex 29621 3.05 11.12 6.30 16.88 S&P BSE 100 9494 3.30 13.06 7.12 21.17 S&P BSE 200 3992 3.45 13.54 7.32 22.47 S&P BSE 500 12632 3.74 14.30 7.96 24.02 S&P BSE MID CAP 14097 4.02 16.98 7.06 32.75 S&P BSE SMALL CAP 14434 5.43 19.60 12.93 36.92 Sectoral Performance S&P BSE AUTO 22013 2.45 8.57-0.99 22.28 S&P BSE Bankex 24421 4.00 17.50 10.77 32.78 S&P BSE CD 15257 10.73 35.38 21.59 32.90 S&P BSE CG 16446 7.26 20.13 12.78 27.87 S&P BSE FMCG 9270 5.35 13.86 9.56 20.51 S&P BSE HC 15312-0.47 3.93-5.37 1.08 S&P BSE METAL 11804-0.74 16.58 20.90 56.54 S&P BSE Oil & Gas 13564 0.22 11.49 19.21 48.05 S&P BSE PSU 8597 1.56 11.64 15.20 40.78 S&P BSE Teck 5771 0.11 4.91 2.50-5.46 *Performance for less than one year are absolute returns. Source - MFI Explorer stance of the monetary policy remains accommodative. The markets took these as positive as the Fed was seen to be raising rates gradually based on incoming data. In terms of sectoral performance, banks did well as talk of bad bank (for PSU banks) did the rounds. Telecom stocks were under pressure as increased competition from Reliance Jio manifested in lower rates for all players. IT stocks suffered led by a stronger Rupee, noise on immigration from the US and perception of slower growth. In domestic macro data, after declining for six months, the CPI for February came in at 3.65% YoY (January 3.2%). This was led by food and fuel inflation, though the core inflation came in at 4.7%, a five year low. The WPI however, has gone up sharply to 6.55%, a three year high. According to a report, rural farm wages went up by 7.4% YoY (likely driven by higher minimum wages and increased road construction activity). Coupled with higher prices for fuel and fertilisers, the government going forward, could increase MSPs more sharply than it has done in the recent past. In other data releases, FDI into India was USD 46.4 Billion in CY 2016, compared to USD 39.3 Billion in the previous year. The export growth accelerated to 17.5% y-o-y in February from 4.3% in January, while import growth rose to 21.8% from 10.7%. Gold imports rose 148% y-o-y likely owing to restocking by jewellers. Still, because of the sharp rise in exports, the trade deficit narrowed to USD 8.9billion in February from USD9.8 billion in January. According to an estimate by Nomura economists, export volume growth (ex-oil) was up 10.5% YoY in February, indicating robust global demand. During the month, the Lok Sabha passed the four GST bills and the government remains confident of meeting the July 1 deadline. We think that while the rollout of the GST will be positive for the economy in terms of its impact on efficiency, there could be initial teething troubles given the size of the exercise and that both centre and states will share control. Going forward, while the effects of demonetisation seem to have abated substantially, especially in the urban areas, the market will watch for the results for the previous quarter, and the guidance from companies, the forecast on rains, and global flows. 4
Funds at a Glance EQUITY SCHEMES Particulars Principal Principal Emerging Principal Principal Principal Principal Large Cap Fund Bluechip Fund Growth Fund Dividend Yield Fund Index Fund - Nifty Index Fund - Midcap Nature of the An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended Scheme Equity Scheme Equity Scheme Equity Scheme Equity Scheme Index Scheme Index Scheme Allotment Date - Regular Plan November 11, 2005 November 12, 2008 October 25, 2000 October 15, 2004 July 27, 1999 May 12, 2014 - Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 May 12, 2014 Investment Plans / Regular Plan & Direct Plan. Both the Plans offer Growth & Half Yearly Dividend Option. Regular Plan & Direct Plan. Both the Plans offer Options Half Yearly Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Growth & Dividend Option. Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Fund Manager & Rajat Jain Dhimant Shah P.V.K. Mohan Dhimant Shah Rajat Jain Rajat Jain Managing the September 2016 June 2011 September 2010 December 2011 August 2015 August 2015 Current Fund from Total Investment 27 years 25 years 23 years 25 years 27 years 27 years Experience Benchmark S&P BSE 100 Index Nifty Free Float S&P BSE 200 Index Nifty Dividend Nifty 50 Index Nifty Free Float Midcap 100 Index Opportunities 50 Index Midcap 100 Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load If redeemed on or before 1 Year from the 1% - If redeemed within If redeemed on or before 1% - if redeemed on or before 90 days (including SIP /STP/ date of allotment - 1% 365 days from the 1 Year from the from the date of allotment; SWP, if available) date of allotment. date of allotment - 1% Nil - if redeemed after 90 days from the Nil - If redeemed after date of allotment. 365 days from the date of allotment. SIP / SWP / STP Available Minimum No. & 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. Amt. of SIP/SWP/STP (if available) EQUITY SCHEME EQUITY LINKED SAVINGS SCHEME (ELSS)^ TARGET RISK FUNDS Particulars Principal Principal Principal Personal Principal Principal Principal SMART Equity Fund Arbitrage Fund Tax Saver Fund** Tax Savings Fund Balanced Fund Equity Savings Fund Nature of the An Open-ended An Open-ended An Open-ended Equity An Open-ended Equity An Open-ended An Open-ended Scheme Equity Scheme Equity Scheme Linked Savings Scheme Linked Savings Scheme Balanced Scheme Equity Scheme Allotment Date - Regular Plan December 16, 2010 April 21, 2016 March 31, 1996 March 31, 1996 January 14, 2000 May 23, 2002 - Direct Plan January 2, 2013 April 21, 2016 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Options Both the Plans offer Growth & Both the Plans offer Growth & Both the Plan do not have Both the Plan do not have Both the Plans offer Growth & Both the Plans offer Monthly Dividend Option. Monthly* Dividend Option. any options at present. any options at present. Monthly Dividend Option. Growth & Half yearly and Monthly Dividend Option Monthly* Dividend Option Monthly Dividend Option Quarterly Dividend Option. under both the Plans offers under both the Plans offers under both the Plan offers facility of Payout, facility of Payout, facility of Payout, Reinvestment and Sweep. Reinvestment and Sweep. Reinvestment and Sweep. Fund Manager & Rajat Jain Rajat Jain Rajat Jain P.V.K. Mohan P.V.K. Mohan - May 2010 / P.V.K. Mohan Managing the September 2016 April 2016 September 2016 September 2010 Bekxy Kuriakose - Mar 2016 June 2016 Current Fund from Total Investment 27 years 27 years 27 years 23 years 23 years / 23 years Experience 15 years Benchmark Crisil Balanced Fund - CRISIL Liquid Fund Index S&P BSE 100 Index S&P BSE 200 Index Crisil Balanced Fund - 30% Nifty 50 Index + Aggressive Index Aggressive Index 70% CRISIL Liquid Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 500 New Investor: ` 500 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 500 Existing Investor: ` 500 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load 1% if redeemed 0.50 - If redeemed on or Nil Nil If redeemed on or before If redeemed /switched on (including SIP /STP / within 1 year from the before 30 days from the 1 Year from the date of or before 365 days from SWP, if available) date of allotment. date of allotment. allotment - 1%. the date of allotment - 1%. NIL - If redeemed after After 365 days - NIL. 30 days from the date of allotment. (w.e.f. Aug. 17, 2016) SIP Available SWP / STP Available Available after lock-in period Available Available Minimum No. & 6 installment of SIP - ` 2,000/- each, 6 installments of ` 500/- each. 6 installment of SIP - ` 2,000/- each, STP - ` 1,000/- each Amt. of SIP/SWP/STP STP - ` 1,000/- each & SWP - ` 500/- each. & SWP - ` 500/- each. (if available) # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (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). ^ Lock-in of 3 years. * Effective February 01, 2017. **Note: Fresh sale of units i.e. by way of purchase/ Switch-ins and registration of fresh SIP arrangement under the Scheme is suspended till further notice. 5
Funds at a Glance (Contd.) DEBT SCHEMES Particulars Principal Government Principal Dynamic Principal Credit Principal Short Term Principal Securities Fund Bond Fund Opportunities Fund Income Fund Bank CD Fund Nature of the An Open-ended dedicated An Open-ended An Open-ended An Open-ended An Open-ended Scheme Gilt Scheme investing in Income Scheme Debt Scheme Income Scheme Debt Scheme Government Securities Allotment Date - Regular Plan August 23, 2001 May 09, 2003 September 14, 2004 May 09, 2003 November 6, 2007 - Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Options Regular Plan and Direct Plan. Both the Plans offer Dividend & Growth Option. Dividend Frequencies Quarterly / Annual Quarterly / Annual Monthly Monthly Monthly Fund Manager & Bekxy Kuriakose Bekxy Kuriakose Bekxy Kuriakose Gurvinder Singh Wasan Gurvinder Singh Wasan Managing the October 2012 Janaury 2013 Janaury 2013 April 2011 April 2011 Current Fund from Total Investment 15 years 15 years 15 years 13 years 13 years Experience Benchmark I-Sec Composite Index Crisil Composite Bond Crisil Liquid Fund Index CRISIL Short-Term Bond Crisil Liquid Fund Index Fund Index Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription # 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load Nil If redeemed on or Nil 0.50% - if redeemed 1% - if redeemed within 180 (including SIP /STP/ before 1 Year from the within 90 days from the days from the date of allotment; SWP, if available) date of allotment - 1%. date of allotment. 0.50% - if redeemed after Nil - if redeemed 180 days but within 270 days after 90 days from the date of allotment. from the date of allotment; 0.25% - if redeemed after 270 days but within 365 days from the date of allotment; Nil - if redeemed after 365 days from the date of allotment. SIP / SWP / STP Minimum number & Amount of SIP/ SWP/STP (if available) Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (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). 6
Funds at a Glance (Contd.) DEBT SCHEMES LIQUID SCHEME* RETAIL SCHEMES FUND OF FUNDS SCHEME Particulars Principal Principal Principal Retail Principal Debt Savings Principal Global Low Duration Fund Cash Management Fund Money Manager Fund ~ Fund - Retail Plan ~ Opportunities Fund Nature of the An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended Scheme Debt Scheme Liquid Scheme Debt Scheme Income Fund Fund of Funds Scheme Allotment Date - Regular Plan September 14, 2004 August 30, 2004 December 28, 2007 December 30, 2003 March 29, 2004 - Direct Plan January 2, 2013 January 1, 2013 January 1, 2013 January 2, 2013 January 2, 2013 Investment Plans/ Regular Plan and Direct Plan. Regular Plan and Direct Plan. Growth & Dividend Regular Plan and Direct Plan. Regular Plan & Direct Plan. Options/ Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Dividend & Growth Option. Dividend & Growth Option. Dividend & Growth Option. Dividend ~ and Growth Option. Growth & Dividend Option. Dividend Frequencies Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Option under both Daily / Weekly / Monthly Daily / Weekly / Monthly Regular Plan ~ : Monthly / Quarterly the Plan offers facility of Daily / Weekly / Monthly. Payout, Reinvestment and Direct Plan: Monthly Sweep. (Reinvestment) Fund Manager & Pankaj Jain Pankaj Jain Pankaj Jain Pankaj Jain Rajat Jain Managing the January 2012 January 2012 January 2012 January 2012 March 2004 Current Fund from Total Investment 14 years 14 years 14 years 14 years 27 years Experience Benchmark Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Short Term MSCI World Index Bond Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 10,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription# 3.00 pm 2.00 pm 3.00 pm 3.00 pm 12.30 pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm 12.30 pm Exit Load Nil Nil Nil If redeemed on or before If redeemed on or before (including SIP /STP/ 30 days from the 1 Year from the SWP, if available) date of allotment - 1%. date of allotment - 1%. SIP / SWP / STP Minimum number & Amount of SIP/ SWP/STP (if available) Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. FUND OF FUNDS SCHEME Particulars Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Conservative Plan Moderate Plan Aggressive Plan Nature of the Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme Allotment Date Regular Sub-Plan & December 14, 2015 December 14, 2015 December 14, 2015 Direct Sub-Plan Investment Plans/Option Regular Sub-Plan & Direct Sub-Plan. Both the Sub-Plans offer Growth Option. Fund Manager & Rajat Jain - December 2015 Rajat Jain - December 2015 Rajat Jain - December 2015 Managing the Current Fund from Total Investment 27 years 27 years 27 years Experience Composite Benchmark 85% CRISIL Short Term Bond Fund Index and 60% CRISIL Short Term Bond Fund Index and 20% CRISIL Short Term Bond Fund Index and Consisting of 15% Nifty 50 40% Nifty 50 80% Nifty 50 Min. Application Amt. New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 Cut Off Time # 3.00 pm 3.00 pm 3.00 pm Exit Load NIL (including SIP /STP / No exit load will be applicable for switches between the 3 plans i.e. Conservative Plan, Moderate Plan and Aggressive Plan of the Scheme. SWP, if available) SIP / SWP / STP Min. number & Amount of SIP/SWP/STP Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. * In respect of Liquid Scheme(s) applicable shall be subject to receipt of valid application/switch-in request at the OPT and credit of entire subscription/switch-in amounts into the Bank Account of the concerning Scheme(s)/ Plan(s) and funds are available for utilization by the Scheme(s)/Plan(s), within relevant cut-off time as applicable to the relevant Scheme(s)/Plan(s). # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realization of the funds upto 3.00 p.m. (12:30 pm in case of Global Opportunities Fund) and receipt of application (duly time stamped). ~ Subscriptions (by way of purchase / switch in or in any mode) is restricted only for individual investors (including HUFs, Association of Persons & where an individual is an ultimate beneficiary). Further, (a) Daily & Weekly Dividend Option and the Payout & Sweep facility to Monthly Dividend Option under Regular Plan of Principal Retail Money Manager Fund and (b) Dividend Option under Regular Plan of Principal Debt Savings Fund - Retail Plan. Direct Plan under the Scheme do not offer this Options. 7
Principal Large Cap Fund (An open-ended equity scheme) MAAUM: ` 295.44 crore AUM: ` 302.28 crore Per Unit: (As on March 31, 2017) Direct Plan Regular Plan Growth Option : ` 54.65 ` 53.18 Dividend Option (Half yearly) : ` 30.43 ` 30.08 INVESTMENT OBJECTIVE To provide capital appreciation and /or dividend distribution by predominantly investing in companies having a large market capitalization. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, 2016 1.12 27.34 1.22 27.70 June 24, 2016 0.72 27.73 0.66 27.93 December 24, 2015 0.33 27.81 December 29, 2014 3.57 30.79 3.69 31.15 June 24, 2010 1.50 20.22 N.A. N.A. July 28, 2009 2.00 17.67 N.A. N.A. February 5, 2008 2.00 23.56 N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on March 31, 2017) Standard Deviation^ (Annualised) 15.50% Beta^ 1.03 Sharpe Ratio^ (Annualised) 0.58 Portfolio Turnover Ratio** 0.81 Expense Ratio # Direct Plan - 1.85% Regular Plan - 2.54% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7.37% risk free rate of return (1 days - MIBOR Rate as on March 31, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. MARKET CAP ALLOCATION (As on March 31, 2017) % of Equity & Equity Related Instruments of Large Cap Companies 97.80 Equity & Equity Related Instruments of Mid Cap & Other Companies 0.00 Mutual Funds 0.99 Cash and Other Assets 1.21 Instrument Industry % of Equity 97.80 Maruti Suzuki India Auto 3.30 Tata Motors Auto 2.31 Tata Motors A-DVR Auto 1.68 Bajaj Auto Auto 0.93 HDFC Bank Banks 4.68 State Bank of India Banks 4.53 ICICI Bank Banks 4.20 IndusInd Bank Banks 3.37 Kotak Mahindra Bank Banks 2.79 Yes Bank Banks 1.39 The Federal Bank Banks 1.31 Bank of Baroda Banks 1.04 Shree Cements Cement 2.31 Ultratech Cement Cement 2.13 The India Cements Cement 1.79 Larsen & Toubro Construction Project 3.76 ITC Consumer Non Durables 4.40 Britannia Industries Consumer Non Durables 2.92 Hindustan Unilever Consumer Non Durables 2.37 United Breweries Consumer Non Durables 0.65 JSW Steel Ferrous Metals 0.72 Coromandel International Fertilisers 1.00 Housing Development Finance Corporation Finance 3.04 BSE Finance 0.90 Mahindra Holidays & Resorts India Hotels, Resorts & Other Recreational Activities 0.75 Zee Entertainment Enterprises Media & Entertainment 2.14 Dish TV India Media & Entertainment 1.26 Hindalco Industries Non - Ferrous Metals 2.33 Hindustan Petroleum Corporation Petroleum Products 2.47 Reliance Industries Petroleum Products 2.39 Bharat Petroleum Corporation Petroleum Products 1.86 Abbott India Pharmaceuticals 2.60 Natco Pharma Pharmaceuticals 2.35 Sun Pharmaceutical Industries Pharmaceuticals 2.29 Divi's Laboratories Pharmaceuticals 1.30 Aurobindo Pharma Pharmaceuticals 1.04 Power Grid Corporation of India Power 3.89 Aditya Birla Nuvo Services 1.22 Infosys Software 4.14 HCL Technologies Software 2.00 Tata Consultancy Services Software 1.64 Hexaware Technologies Software 1.03 Tech Mahindra Software 0.94 Bharti Airtel Telecom - Services 2.64 Investment Funds/Mutual Funds 0.99 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 0.99 CBLO / Reverse Repo Investments 1.49 Cash & Cash Equivalents -0.28 SECTOR ALLOCATION (TOP 10) (As on March 31, 2017) Banks Consumer Non Durables Software Pharmaceuticals Auto Petroleum Products Cement Finance Power Construction Project 10.34% 9.75% 9.58% 8.22% 6.72% 6.23% 3.94% 3.89% 3.76% 23.31% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% (% of ) 8
Principal Emerging Bluechip Fund (An open-ended equity scheme) MAAUM: ` 828.86 crore AUM: ` 886.78 crore Per Unit: (As on March 31, 2017) Direct Plan Regular Plan Growth Option : ` 93.61 ` 90.42 Dividend Option (Half yearly) : ` 71.27 ` 51.17 INVESTMENT OBJECTIVE: To achieve long-term capital appreciation by investing in equity & equity related instruments of Mid Cap & Small Cap companies. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend (`/Unit)* Cum Dividend Dividend (`/Unit)* Cum Dividend December 23, 2016 4.50 46.71 - - June 24, 2016 1.46 45.07 June 24, 2015 1.92 46.04 December 29, 2014 5.50 48.48 October 15, 2010 1.00 27.43 N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on March 31, 2017) Standard Deviation^ (Annualised) 18.90% Beta^ 0.99 Sharpe Ratio^ (Annualised) 1.18 Portfolio Turnover Ratio** 0.62 Expense Ratio # Direct Plan - 1.46% Regular Plan - 2.52% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7.37% risk free rate of return (1 days - MIBOR Rate as on March 31, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. MARKET CAP ALLOCATION (As on March 31, 2017) % of Equity and equity related instruments of Mid Cap Companies 73.99 Equity and equity related instruments of Small Cap Companies 10.86 Equity and equity related instruments of Companies other than Mid & Small Cap 10.42 Cash and Money Market / Fixed Income Securities (including MIBOR Linked Short Term Papers & Securitised Debt) -0.62 Mutual Funds 4.52 Derivatives 0.83 Market Cap Range for Nifty Free Float Midcap 100 Stocks As on December 30, 2016 ` 1,07,914.65 Cr ` 2,795.85 Crs Instrument Industry % of Equity 95.27 Eicher Motors Auto 3.44 MRF Auto Ancillaries 1.99 Motherson Sumi Systems Auto Ancillaries 1.45 Amara Raja Batteries Auto Ancillaries 1.33 Gabriel India Auto Ancillaries 0.95 Dynamatic Technologies Auto Ancillaries 0.76 IndusInd Bank Banks 2.72 ICICI Bank Banks 1.88 State Bank of India Banks 1.76 Kotak Mahindra Bank Banks 1.60 HDFC Bank Banks 1.53 Yes Bank Banks 1.26 Canara Bank Banks 1.06 City Union Bank Banks 1.05 Shree Cements Cement 2.06 The India Cements Cement 1.28 The Ramco Cements Cement 1.07 Birla Corporation Cement 0.94 Navin Fluorine International Chemicals 1.89 Tata Chemicals Chemicals 1.24 Gujarat Alkalies and Chemicals Chemicals 0.93 Atul Chemicals 0.91 Kajaria Ceramics Construction 0.99 NBCC (India) Construction 0.93 Asian Granito India Construction 0.87 Sadbhav Engineering Construction Project 1.34 Voltas Construction Project 1.29 KEC International Construction Project 1.27 Hindustan Construction Company Construction Project 0.84 Symphony Consumer Durables 1.36 Bajaj Electricals Consumer Durables 1.12 Bata India Consumer Durables 1.02 Orient Paper & Industries Consumer Durables 0.99 Britannia Industries Consumer Non Durables 2.47 Triveni Engineering & Industries Consumer Non Durables 1.01 Dwarikesh Sugar Industries Consumer Non Durables 0.82 Gujarat State Fertilizers & Chemicals Fertilisers 1.02 Bajaj Finance Finance 1.61 Bharat Financial Inclusion Finance 1.44 Cholamandalam Investment and Finance Company Finance 0.86 Indraprastha Gas Gas 1.82 Petronet LNG Gas 1.54 Gujarat State Petronet Gas 1.04 AIA Engineering Industrial Products 1.94 Finolex Industries Industrial Products 1.47 Finolex Cables Industrial Products 1.37 Mold-Tek Packaging Industrial Products 1.28 Ramkrishna Forgings Industrial Products 1.05 FAG Bearings India Industrial Products 0.98 Cummins India Industrial Products 0.93 Sun TV Network Media & Entertainment 1.23 PVR Media & Entertainment 1.15 Hindalco Industries Non - Ferrous Metals 1.05 Hindustan Zinc Non - Ferrous Metals 0.98 UPL Pesticides 1.11 Hindustan Petroleum Corporation Petroleum Products 2.47 Indian Oil Corporation Petroleum Products 1.13 Natco Pharma Pharmaceuticals 1.94 Torrent Pharmaceuticals Pharmaceuticals 1.89 Aurobindo Pharma Pharmaceuticals 1.57 Glenmark Pharmaceuticals Pharmaceuticals 1.13 Aditya Birla Nuvo Services 1.03 Infosys Software 1.54 Cyient Software 1.02 Tata Communications Telecom - Services 0.88 SRF Textile Products 1.12 S. P. Apparels Textile Products 1.03 Vardhman Textiles Textiles - Cotton 1.26 Jet Airways (India) Transportation 1.23 TCI Express Transportation 1.07 Gateway Distriparks Transportation 1.03 Other Equities* 0.64 DERIVATIVES 0.83 Dewan Housing Finance Corporation Stock Future 0.83 Investment Funds/Mutual Funds 4.52 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 4.34 Principal Cash Management Fund - Growth Option Mutual Fund 0.18 CBLO / Reverse Repo Investments 0.45 Cash & Cash Equivalents -1.07 * Holdings less than 0.75% SECTOR ALLOCATION (As on March 31, 2017) Banks Industrial Products Pharmaceuticals Auto Ancillaries Cement Consumer Durables Chemicals Construction Project Gas Consumer Non Durables Finance Petroleum Products Auto Transportation Construction Software Media & Entertainment Textile Products Non - Ferrous Metals Textiles - Cotton Pesticides Services Fertilisers Telecom - Services 6.53% 6.48% 5.35% 5.13% 4.97% 4.74% 4.40% 4.30% 3.91% 3.60% 3.44% 3.33% 2.79% 2.56% 2.38% 2.15% 2.03% 1.26% 1.11% 1.03% 1.02% 0.88% (% of ) 9 9.02% 12.86% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00%
Principal Growth Fund (An open-ended equity scheme) MAAUM: ` 427.16 crore AUM: ` 440.10 crore Per Unit: (As on March 31, 2017) Direct Plan Regular Plan Growth Option : ` 122.54 ` 119.27 Dividend Option (Half yearly) : ` 46.23 ` 43.40 INVESTMENT OBJECTIVE: To achieve long-term capital appreciation. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, 2016 2.71 39.06 3.08 41.73 June 24, 2016 0.52 40.06 December 24, 2015 0.85 38.04 1.18 41.16 December 29, 2014 4.88 41.86 2.62 42.36 December 31, 2007 2.50 37.14 N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on March 31, 2017) Standard Deviation^ (Annualised) 18.35% Beta^ 1.20 Sharpe Ratio^ (Annualised) 0.78 Portfolio Turnover Ratio** 0.46 Expense Ratio # Direct Plan - 1.84% Regular Plan - 2.61% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7.37% risk free rate of return (1 days - MIBOR Rate as on March 31, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. Instrument Industry % of Equity 95.92 Tata Motors Auto 3.38 Maruti Suzuki India Auto 1.65 Hero MotoCorp Auto 0.93 Asahi India Glass Auto Ancillaries 1.97 Rico Auto Industries Auto Ancillaries 1.38 HDFC Bank Banks 4.67 ICICI Bank Banks 4.46 State Bank of India Banks 3.63 Bank of Baroda Banks 1.71 Kotak Mahindra Bank Banks 1.63 The Federal Bank Banks 1.46 Yes Bank Banks 1.18 The Karur Vysya Bank Banks 1.07 RBL Bank Banks 1.05 Union Bank of India Banks 1.02 Canara Bank Banks 1.02 City Union Bank Banks 1.02 The India Cements Cement 2.69 Century Textiles & Industries Cement 1.52 Ultratech Cement Cement 1.27 JK Cement Cement 1.13 Birla Corporation Cement 1.02 Phillips Carbon Black Chemicals 0.72 DLF Construction 0.96 Prestige Estates Projects Construction 0.78 IRB Infrastructure Developers Construction 0.77 Milestone Global Construction 0.01 Larsen & Toubro Construction Project 2.45 KEC International Construction Project 2.22 Ashoka Buildcon Construction Project 0.98 Hindustan Construction Company Construction Project 0.84 Bajaj Electricals Consumer Durables 2.08 ITC Consumer Non Durables 4.00 Bombay Burmah Trading Corporation Consumer Non Durables 2.21 Dabur India Consumer Non Durables 1.89 Britannia Industries Consumer Non Durables 1.66 United Spirits Consumer Non Durables 1.15 CL Educate Diversified Consumer Services 0.78 Chambal Fertilisers and Chemicals Fertilisers 1.45 Dewan Housing Finance Corporation Finance 2.60 Housing Development Finance Corporation Finance 2.13 Mahindra Holidays & Resorts India Hotels, Resorts & Other Recreational Activities 0.98 The Indian Hotels Company Hotels, Resorts & Other Recreational Activities 0.95 Jain Irrigation Systems Industrial Products 1.73 Hindustan Zinc Non - Ferrous Metals 1.32 National Aluminium Company Non - Ferrous Metals 0.88 Reliance Industries Petroleum Products 3.12 Castrol India Petroleum Products 1.04 Abbott India Pharmaceuticals 1.11 Natco Pharma Pharmaceuticals 1.05 Aurobindo Pharma Pharmaceuticals 0.88 Glenmark Pharmaceuticals Pharmaceuticals 0.86 Sun Pharmaceutical Industries Pharmaceuticals 0.80 Kalpataru Power Transmission Power 1.25 Rattanindia Power Power 0.67 Infosys Software 3.95 HCL Technologies Software 0.89 Hexaware Technologies Software 0.87 Tata Consultancy Services Software 0.85 Spicejet Transportation 1.21 Jet Airways (India) Transportation 0.97 Investment Funds/Mutual Funds 2.96 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 2.96 CBLO / Reverse Repo Investments 1.15 Cash & Cash Equivalents -0.03 SECTOR ALLOCATION (TOP 10) (As on March 31, 2017) Banks Consumer Non Durables Cement Software Construction Project Auto Finance Pharmaceuticals Petroleum Products Auto Ancillaries 10.91% 7.63% 6.56% 6.49% 5.96% 4.73% 4.70% 4.16% 3.35% 23.92% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% (% of ) 10
Principal Dividend Yield Fund (An open-ended equity scheme) MAAUM: ` 117.86 crore AUM: ` 119.93 crore Per Unit: (As on March 31, 2017) Direct Plan Regular Plan Growth Option : ` 43.04 ` 42.12 Dividend Option (Half yearly) : ` 27.08 ` 26.22 INVESTMENT OBJECTIVE To provide capital appreciation and / or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, 2016 0.95 23.65 1.23 24.66 December 29, 2014 3.20 26.47 2.74 26.76 October 12, 2007 1.50 15.44 N.A. N.A. April 24, 2006 1.50 15.72 N.A. N.A. October 3, 2005 0.75 13.51 N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on March 31, 2017) Standard Deviation^ (Annualised) 16.71% Beta^ 0.92 Sharpe Ratio^ (Annualised) 0.63 Portfolio Turnover Ratio** 0.66 Expense Ratio # Direct Plan - 2.41% Regular Plan - 2.66% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7.37% risk free rate of return (1 days - MIBOR Rate as on March 31, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. Instrument Industry % of Equity 98.49 Hero MotoCorp Auto 3.99 Maruti Suzuki India Auto 3.52 Bajaj Auto Auto 2.53 SML Isuzu Auto 1.83 Tata Motors A-DVR Auto 1.71 CEAT Auto Ancillaries 1.66 Asahi India Glass Auto Ancillaries 1.10 State Bank of India Banks 4.52 ICICI Bank Banks 3.42 HDFC Bank Banks 3.16 IndusInd Bank Banks 1.89 City Union Bank Banks 0.97 Kotak Mahindra Bank Banks 0.92 Dalmia Bharat Cement 3.06 Ultratech Cement Cement 1.82 Aarti Industries Chemicals 1.52 Phillips Carbon Black Chemicals 1.49 NBCC (India) Construction 1.03 KEC International Construction Project 1.88 Larsen & Toubro Construction Project 1.18 Orient Paper & Industries Consumer Durables 1.05 Hindustan Unilever Consumer Non Durables 6.39 ITC Consumer Non Durables 4.44 VST Industries Consumer Non Durables 2.58 Colgate Palmolive (India) Consumer Non Durables 2.49 Balrampur Chini Mills Consumer Non Durables 1.31 DCM Shriram Consumer Non Durables 1.00 Bajaj Holdings & Investment Finance 2.33 Gujarat State Petronet Gas 1.32 Indraprastha Gas Gas 1.27 Petronet LNG Gas 1.24 Cummins India Industrial Products 1.33 Hindustan Zinc Non - Ferrous Metals 1.47 Hindalco Industries Non - Ferrous Metals 1.33 Oil & Natural Gas Corporation Oil 1.74 PI Industries Pesticides 1.38 Hindustan Petroleum Corporation Petroleum Products 4.25 Bharat Petroleum Corporation Petroleum Products 3.66 Reliance Industries Petroleum Products 1.42 Mangalore Refinery and Petrochemicals Petroleum Products 0.99 Sun Pharmaceutical Industries Pharmaceuticals 1.14 Aurobindo Pharma Pharmaceuticals 1.06 Infosys Software 3.14 HCL Technologies Software 1.32 Tech Mahindra Software 1.24 Cyient Software 1.05 SRF Textile Products 1.16 Himatsingka Seide Textile Products 0.97 Gateway Distriparks Transportation 1.22 Investment Funds/Mutual Funds 0.17 Principal Cash Management Fund - Growth Option Mutual Fund 0.17 CBLO / Reverse Repo Investments 0.87 Cash & Cash Equivalents 0.47 SECTOR ALLOCATION (TOP 10) (As on March 31, 2017) Consumer Non Durables Banks Auto Petroleum Products Software Cement Gas Construction Project Chemicals Non - Ferrous Metals 6.75% 4.88% 3.83% 3.06% 3.01% 2.80% 14.88% 13.58% 10.32% 18.21% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% (% of ) 11
Principal Index Fund - Nifty (An open-ended index scheme) MAAUM: ` 14.25 crore AUM: ` 14.28 crore Per Unit: (As on March 31, 2017) Direct Plan Regular Plan Growth Option : ` 64.6558 ` 63.3674 Dividend Option : ` 37.9977 ` 37.2423 INVESTMENT OBJECTIVE To invest principally in securities that comprise Nifty 50 and subject to tracking errors endeavour to attain results commensurate with the Nifty 50. DIVIDEND UPDATE (REGULAR PLAN) Date Dividend (`/Unit)* Cum Dividend December 24, 2008 3.7500 15.7934 Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on March 31, 2017) Standard Deviation^ (Annualised) 14.16% Beta^ 1.00 Sharpe Ratio^ (Annualised) 0.34 Portfolio Turnover Ratio** 0.08 Expense Ratio # Direct Plan - 0.43% Regular Plan - 0.93% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7.37% risk free rate of return (1 days - MIBOR Rate as on March 31, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. TRACKING DEVIATION 0.08%* * Trailing 12 months ended March 31, 2017 (Annualized). Instrument Industry % of Equity 99.50 Tata Motors Auto 2.54 Maruti Suzuki India Auto 2.32 Mahindra & Mahindra Auto 1.74 Hero MotoCorp Auto 1.20 Bajaj Auto Auto 1.13 Eicher Motors Auto 1.00 Tata Motors A-DVR Auto 0.42 Bosch Auto Ancillaries 0.61 HDFC Bank Banks 8.51 ICICI Bank Banks 4.71 Kotak Mahindra Bank Banks 3.08 State Bank of India Banks 2.72 Axis Bank Banks 2.42 IndusInd Bank Banks 2.11 Yes Bank Banks 1.48 Bank of Baroda Banks 0.48 Ultratech Cement Cement 1.21 Grasim Industries Cement 0.98 Ambuja Cements Cement 0.50 ACC Cement 0.35 Larsen & Toubro Construction Project 3.78 ITC Consumer Non Durables 6.95 Hindustan Unilever Consumer Non Durables 1.89 Asian Paints Consumer Non Durables 1.43 Tata Steel Ferrous Metals 0.95 Housing Development Finance Corporation Finance 6.99 Indiabulls Housing Finance Finance 0.74 GAIL (India) Gas 0.70 Zee Entertainment Enterprises Media & Entertainment 0.85 Coal India Minerals/Mining 1.11 Hindalco Industries Non - Ferrous Metals 0.74 Oil & Natural Gas Corporation Oil 1.52 Reliance Industries Petroleum Products 6.38 Bharat Petroleum Corporation Petroleum Products 0.98 Indian Oil Corporation Petroleum Products 0.90 Sun Pharmaceutical Industries Pharmaceuticals 2.20 Lupin Pharmaceuticals 1.00 Dr. Reddy's Laboratories Pharmaceuticals 0.92 Cipla Pharmaceuticals 0.87 Aurobindo Pharma Pharmaceuticals 0.55 Power Grid Corporation of India Power 1.26 NTPC Power 1.21 Tata Power Company Power 0.48 Infosys Software 5.97 Tata Consultancy Services Software 3.78 HCL Technologies Software 1.43 Wipro Software 0.95 Tech Mahindra Software 0.83 Bharti Infratel Telecom - Equipment & Accessories 0.49 Bharti Airtel Telecom - Services 1.34 Adani Ports and Special Economic Zone Transportation 0.80 CBLO / Reverse Repo Investments 0.17 Cash & Cash Equivalents 0.33 SECTOR ALLOCATION (TOP 10) (As on March 31, 2017) Banks Software Auto Consumer Non Durables Petroleum Products Finance Pharmaceuticals Construction Project Cement Power 12.96% 10.35% 10.27% 8.26% 7.73% 5.54% 3.78% 3.04% 2.95% (% of ) 25.51% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 12