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Principal Mutual Funds

Royal Sundaram General Insurance

Principal Mutual Fund was established in the year 1879. It is a part of the Principal Financial Group, which is one of the known financial investment management companies in the world and is headquartered in Iowa. Its services can be availed across 18 different countries in the world. The Principal Mutual Fund offers multiple financial products and services to different types of customers, i.e. organizations and individuals, including retirement plans, asset management, and insurance.

Fund schemes offered by Principal Mutual Fund (PMF) focus on all types of organizations, viz. small, medium-sized firms. In addition, PMF offers global asset management to partnership firms and wholly owned companies. The schemes offered by PMF are known for their benefits and wide range, i.e. from fixed income and equity to real estate. It provides various specialized advisory services related to its products to its investors by their expertise and thorough research. Principal Mutual Fund is also known for its insurance products, as it offers vision, life, and dental insurance.

Best Principal Mutual Funds

Scheme NameTypeNavReturn(%) 1YReturn(%) 3YReturn(%) 5YRating1Rating
Principal Growth Fund Direct-GrowthGrowth152.2522.3315.9523.485
5
Principal Growth Fund Direct-Dividend Half YearlyDividend45.622.3315.9523.485
5
Principal Emerging Bluechip Fund Direct- GrowthGrowth114.8820.2617.7329.765
5
Principal Emerging Bluechip Fund Direct- Dividend Half YearlyDividend87.4620.2617.7329.765
5
Principal Cash Management Direct-GrowthGrowth1699.016.927.518.25
5
Principal Cash Management Direct-Dividend WeeklyDividend1007.896.927.518.25
5
Principal Cash Management Direct-Dividend MonthlyDividend1029.616.927.518.25
5
Principal Cash Management Direct-Dividend DailyDividend1000.646.927.518.25
5
Principal Balanced Fund Direct-GrowthGrowth80.523.0115.7919.85
5
Principal Balanced Fund Direct-Dividend MonthlyDividend32.5123.0115.7919.85
5
Principal Tax Savings Regular – Dividend Half YearlyDividend216.3921.2715.0422.634
4
Principal Tax Savings Fund DirectGrowth221.8121.7515.5523.194
4
Principal Tax Savings FundGrowth216.3921.2715.0422.634
4
Principal Tax Savings Direct – Dividend Half YearlyDividend221.8121.7515.5523.194
4
Principal Money Manager Fund Direct-Dividend MonthlyDividend1066.357.067.828.574
4
Principal Money Manager Direct-GrowthGrowth1993.177.067.828.574
4
Principal Low Duration Fund Direct-GrowthGrowth2870.837.628.538.94
4
Principal Low Duration Fund Direct-Dividend WeeklyDividend1006.727.628.538.94
4
Principal Low Duration Fund Direct-Dividend MonthlyDividend1150.237.628.538.94
4
Principal Low Duration Fund Direct-Dividend DailyDividend1007.417.628.538.94
4
Principal Growth Fund-GrowthGrowth146.9321.3215.122.644
4
Principal Growth Fund-Dividend Half YearlyDividend36.3321.3215.122.644
4
Principal Emerging Bluechip Fund – GrowthGrowth109.618.8216.528.624
4
Principal Emerging Bluechip Fund – Dividend Half YearlyDividend42.3218.8216.528.624
4
Principal Dynamic Bond Fund Direct-GrowthGrowth30.624.697.838.374
4
Principal Dynamic Bond Fund Direct-Dividend YearlyDividend11.714.697.838.374
4
Principal Dynamic Bond Fund Direct-Dividend QuarterlyDividend13.434.697.838.374
4
Principal Credit Opportunities Fund-GrowthGrowth2733.17.288.198.244
4
Principal Credit Opportunities Fund-Dividend MonthlyDividend1244.527.288.198.244
4
Principal Credit Opportunities Fund Direct-GrowthGrowth2782.327.68.448.64
4
Principal Credit Opportunities Fund Direct-Dividend MonthlyDividend1248.777.68.448.64
4
Principal Cash Management-GrowthGrowth1691.986.857.448.124
4
Principal Cash Management-Dividend WeeklyDividend1007.436.857.448.124
4
Principal Cash Management-Dividend MonthlyDividend1029.536.857.448.124
4
Principal Cash Management-Dividend DailyDividend1000.896.857.448.124
4
Principal Balanced Fund-GrowthGrowth76.521.2214.5518.644
4
Principal Balanced Fund-Dividend MonthlyDividend28.6121.2214.5518.644
4
Principal Short Term Income Fund Direct-GrowthGrowth31.786.88.48.843
3
Principal Short Term Income Fund Direct-Dividend MonthlyDividend12.956.88.48.843
3
Principal Low Duration Fund-Dividend WeeklyDividend1006.657.197.938.213
3
Principal Low Duration Fund-Dividend MonthlyDividend1148.037.197.938.213
3
Principal Low Duration Fund -GrowthGrowth2777.797.197.938.213
3
Principal Low Duration Fund -Dividend DailyDividend1005.727.197.938.213
3
Principal Large Cap-GrowthGrowth60.7513.768.8816.563
3
Principal Large Cap-Dividend Half YearlyDividend25.8613.768.8816.563
3
Principal Large Cap Direct-GrowthGrowth62.8814.569.6417.323
3
Principal Large Cap Direct-Dividend Half YearlyDividend26.6914.569.6417.323
3
Principal Dynamic Bond Fund-GrowthGrowth29.423.867.027.553
3
Principal Dynamic Bond Fund-Dividend YearlyDividend11.333.867.027.553
3
Principal Dynamic Bond Fund-Dividend QuarterlyDividend13.313.867.027.553
3
Principal Dividend Yield Fund Direct-GrowthDividend53.822.2413.9517.723
3
Principal Dividend Yield Fund Direct-Dividend Half YearlyDividend30.4922.2413.9517.723
3
Principal Debt Savings Fund Direct-GrowthGrowth30.793.697.257.663
3
Principal Smart Equity Fund Direct-GrowthGrowth20.998.937.414.232
2
Principal Smart Equity Fund Direct-Dividend MonthlyDividend16.678.937.414.232
2
Principal Short Term Income Fund-GrowthGrowth30.545.897.538.012
2
Principal Short Term Income Fund-Dividend MonthlyDividend12.95.897.538.012
2
Principal Personal Tax Saver Fund DirectGrowth208.315.819.8217.542
2
Principal Money Manager Fund-GrowthGrowth1967.126.147.438.292
2
Principal Money Manager Fund-Dividend WeeklyDividend1019.96.147.438.292
2
Principal Money Manager Fund-Dividend MonthlyDividend1065.466.147.438.292
2
Principal Money Manager Fund-Dividend DailyDividend1005.436.147.438.292
2
Principal Index Fund Nifty-GrowthGrowth73.0215.727.3113.392
2
Principal Index Fund Nifty-DividendDividend42.9215.727.3113.392
2
Principal Index Fund Nifty Direct-GrowthGrowth74.916.37.8513.962
2
Principal Index Fund Nifty Direct-DividendDividend44.0216.37.8513.962
2
Principal Dividend Yield Fund-GrowthDividend52.5221.9713.5217.192
2
Principal Dividend Yield Fund-Dividend Half YearlyDividend22.5821.9713.5217.192
2
Principal Debt Savings Fund-GrowthGrowth29.412.426.286.762
2
Principal Debt Savings Fund-Dividend QuarterlyDividend12.012.426.286.762
2
Principal Debt Savings Fund-Dividend MonthlyDividend10.212.426.286.762
2
Principal Smart Equity Fund-GrowthGrowth19.897.286.1213.091
1
Principal Smart Equity Fund-Dividend MonthlyDividend15.167.286.1213.091
1
Principal Personal Tax Saver FundGrowth201.8315.179.1416.841
1
Principal Global Opportunities Fund-GrowthGrowth29.5526.77.357.50
0
Principal Global Opportunities Fund-DividendDividend29.5526.77.357.50
0
Principal Global Opportunities Fund Direct-GrowthGrowth30.2127.257.837.950
0
Principal Global Opportunities Fund Direct-DividendDividend30.2127.257.837.950
0
Principal Equity Savings Fund-GrowthGrowth34.758.17.047.140
0
Principal Equity Savings Fund-Dividend QuarterlyDividend12.658.17.047.140
0
Principal Equity Savings Fund-Dividend Half YearlyDividend128.17.047.140
0
Principal Equity Savings Fund Direct-GrowthGrowth36.199.017.867.960
0
Principal Equity Savings Fund Direct-Dividend QuarterlyDividend14.719.017.867.960
0
Principal Equity Savings Fund Direct-Dividend Half YearlyDividend11.859.017.867.960
0
Principal Asset Allocation Fund of Funds Moderate Plan Regular-GrowthGrowth12.529.52000
0
Principal Asset Allocation Fund of Funds Moderate Plan Direct-GrowthGrowth12.7310.26000
0
Principal Asset Allocation Fund of Funds Conservative Plan Regular-GrowthGrowth12.157.43000
0
Principal Asset Allocation Fund of Funds Conservative Plan Direct-GrowthGrowth12.287.98000
0
Principal Asset Allocation Fund of Funds Aggressive Plan Regular-GrowthGrowth13.5612.86000
0
Principal Asset Allocation Fund of Funds Aggressive Plan Direct-GrowthGrowth13.7713.53000
0
Principal Arbitrage Fund Regular-GrowthGrowth11.135.46000
0
Principal Arbitrage Fund Regular-Dividend MonthlyDividend10.745.46000
0
Principal Arbitrage Fund Direct-GrowthGrowth11.286.16000
0
Principal Arbitrage Fund Direct-Dividend MonthlyDividend10.836.16000
0

 

Principal Mutual Fund

Punjab National Bank (PNB) Asset Management Company is the Principal Mutual Funds investor manager in India. You will find a wide range of solutions offered to both investors like individual and organizations. Principal Mutual Fund follows multiple important principles. For example, robust risk control, research, and manages assets to offer the best services to its 8 lakh customers across 102 branches.

Principal Financial Group includes cutting-edge retirement services for individual Indian investors. It has robust financial health and strong risk management, which allows Punjab National Bank Asset Management Company to utilize more opportunities that can lead to growth in India.

There are altogether 7 types of Principal Mutual Fund: read in detail below:

Types of Principal Mutual Fund

  • Liquid Funds
  • Debt/Income Schemes
  • ELSS Funds
  • Equity Funds
  • Hybrid Funds
  • Balanced Funds
  • Fund of Funds

Liquid Funds

Liquid Funds allow investors to invest in short-term investment option, such as commercial paper, treasury bills, and government securities. Liquid funds are safer and beneficial for investors expecting greater returns.

Debt schemes

Generally, a Debt scheme allows investors to invest in bonds, debentures offered by corporate, and government securities. Investors can also invest in a range of different investments with various maturities for fixed and permanent income, maintaining a balance between yield, safety, and liquidity.

ELSS Funds

ELSS funds allow investors to avail a tax deduction of up to Rs. 1 lakh. ELSS funds are beneficial for investors who are ready to invest in funds that include high risk while focusing on the capital growth over the long-term investment. It has a 3 year lock-in period.

Equity Funds

Equity funds have impacts on capital growth over medium to long-term financial investment. They are suitable for investors who wish to invest in funds that involve high risk. It allows investors to earn dividends upon open-ended mutual fund schemes , which can be purchased and sold at any time after the lock-in period.

Hybrid Funds

Hybrid funds allow investors to invest in both debt and equity funds, which must be balanced after specific time period. It offers capital growth and fixed income, which involves different risks.

Balanced Funds

It offers investment options in both debt securities and equities in a specific proportion. The result of market fluctuation on the NAV is less than equity schemes. It allows you to invest in mutual fund, which is invested in stocks and bonds to balance the risk involved in mutual funds.

Fund of Funds

Fund of funds lets investors experience diversified risk related to different assets. The investments done under Fund of Funds are either from similar mutual fund schemes or other mutual fund providers.

Why Choose Principal Mutual Fund?

The following are some important benefits related to Principal Mutual Fund (PMF):

  • Principal Tax Savings Funds and Principal Personal Tax Saver Funds offer long-term capital appreciation with a 3-year lock-in period. Investors can enjoy the tax deduction of up to Rs. 1 lakh yearly under section 80C of the Income Tax Act, 1961.
  • It ensures to deliver good returns with value growth. Principal Mutual Fund provides corporate and individuals a wide range of mutual funds schemes.
  • Principal Mutual Fund has more than 20,000 distributors across India. It includes services like financial advisors, banks, stock agents, and financial organization.

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