Principal Mutual Funds

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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 Name Type Nav Return(%) 1Y Return(%) 3Y Return(%) 5Y Rating1 Rating
Principal Credit Risk Fund-Growth Growth 2892.75 6.56 7.39 8.2 5
5
Principal Credit Risk Fund-Dividend Monthly Dividend 1236.06 6.56 7.39 8.2 5
5
Principal Credit Risk Fund Direct-Growth Growth 2974.69 7.74 7.95 8.67 5
5
Principal Credit Risk Fund Direct-Dividend Monthly Dividend 1239.16 7.74 7.95 8.67 5
5
Principal Hybrid Equity Fund-Growth Growth 77.19 5.21 17.14 15.64 5
5
Principal Hybrid Equity Fund-Dividend Monthly Dividend 25.58 5.21 17.14 15.64 5
5
Principal Hybrid Equity Fund Direct-Growth Growth 82 6.29 18.49 16.8 5
5
Principal Hybrid Equity Fund Direct-Dividend Monthly Dividend 30.16 6.29 18.49 16.8 5
5
Principal Tax Savings Regular - Dividend Half Yearly Dividend 206.54 0.59 17.13 17.12 4
4
Principal Tax Savings Fund Growth 206.54 0.59 17.13 17.12 4
4
Principal Multi Cap Growth Fund-Growth Growth 141.19 0.96 17.44 17.32 4
4
Principal Multi Cap Growth Fund-Dividend Half Yearly Dividend 34.91 0.96 17.44 17.32 4
4
Principal Multi Cap Growth Fund Direct-Growth Growth 147.65 1.98 18.41 18.2 4
4
Principal Multi Cap Growth Fund Direct-Dividend Half Yearly Dividend 44.22 1.98 18.41 18.2 4
4
Principal Emerging Bluechip Fund Direct- Growth Growth 108.69 0.27 19.02 23.14 4
4
Principal Emerging Bluechip Fund Direct- Dividend Half Yearly Dividend 82.75 0.27 19.02 23.14 4
4
Principal Emerging Bluechip Fund - Growth Growth 102.7 -0.77 17.75 21.95 4
4
Principal Emerging Bluechip Fund - Dividend Half Yearly Dividend 39.66 -0.77 17.75 21.95 4
4
Principal Balanced Advantage Fund-Growth Growth 20.7 5.99 8.28 10.31 3
3
Principal Balanced Advantage Fund-Dividend Monthly Dividend 14.24 5.99 8.28 10.31 3
3
Principal Balanced Advantage Fund Direct-Growth Growth 22.09 7.29 9.64 11.52 3
3
Principal Balanced Advantage Fund Direct-Dividend Monthly Dividend 15.83 7.29 9.64 11.52 3
3
Principal Tax Savings Fund Direct Growth 213.45 1.5 17.77 17.75 3
3
Principal Tax Savings Direct - Dividend Half Yearly Dividend 213.45 1.5 17.77 17.75 3
3
Principal Short Term Debt Fund-Growth Growth 32.41 6.77 7.2 7.9 3
3
Principal Short Term Debt Fund-Dividend Monthly Dividend 12.83 6.77 7.2 7.9 3
3
Principal Short Term Debt Fund Direct-Growth Growth 33.96 7.61 8.07 8.74 3
3
Principal Short Term Debt Fund Direct-Dividend Monthly Dividend 12.86 7.61 8.07 8.74 3
3
Principal Dynamic Bond Fund-Growth Growth 31.09 6.48 7.17 8.31 3
3
Principal Dynamic Bond Fund-Dividend Yearly Dividend 11.92 6.48 7.17 8.31 3
3
Principal Dynamic Bond Fund-Dividend Quarterly Dividend 13.4 6.48 7.17 8.31 3
3
Principal Dynamic Bond Fund Direct-Growth Growth 32.6 7.33 8 9.12 3
3
Principal Dynamic Bond Fund Direct-Dividend Yearly Dividend 12.31 7.33 8 9.12 3
3
Principal Dynamic Bond Fund Direct-Dividend Quarterly Dividend 13.46 7.33 8 9.12 3
3
Principal Corporate Bond Fund-Growth Growth 31.18 6.8 6.14 6.96 2
2
Principal Corporate Bond Fund-Dividend Quarterly Dividend 12.15 6.8 6.14 6.96 2
2
Principal Corporate Bond Fund-Dividend Monthly Dividend 10.27 6.8 6.14 6.96 2
2
Principal Corporate Bond Fund Direct-Growth Growth 32.92 7.8 7.16 7.9 2
2
Principal Corporate Bond Fund Direct-Dividend Monthly Dividend 31.81 7.8 7.16 7.9 2
2
Principal Personal Tax Saver Fund Growth 193.6 1.26 11.41 12.1 2
2
Principal Low Duration Fund-Dividend Weekly Dividend 1007.66 6.27 7.34 7.71 2
2
Principal Low Duration Fund-Dividend Monthly Dividend 1140.25 6.27 7.34 7.71 2
2
Principal Low Duration Fund Direct-Growth Growth 3039.52 6.67 7.77 8.36 2
2
Principal Low Duration Fund Direct-Dividend Weekly Dividend 1007.71 6.67 7.77 8.36 2
2
Principal Low Duration Fund Direct-Dividend Monthly Dividend 1142.25 6.67 7.77 8.36 2
2
Principal Low Duration Fund Direct-Dividend Daily Dividend 1007.41 6.67 7.77 8.36 2
2
Principal Low Duration Fund -Growth Growth 2930.7 6.27 7.34 7.71 2
2
Principal Low Duration Fund -Dividend Daily Dividend 1005.72 6.27 7.34 7.71 2
2
Principal Focused Multicap-Growth Growth 62.72 7.67 13.83 13.55 2
2
Principal Focused Multicap-Dividend Half Yearly Dividend 26.7 7.67 13.83 13.55 2
2
Principal Focused Multicap Fund Direct-Growth Growth 65.47 8.66 14.69 14.36 2
2
Principal Focused Multicap Fund Direct-Dividend Half Yearly Dividend 27.79 8.66 14.69 14.36 2
2
Principal Cash Management-Growth Growth 1650.88 -1.86 4.03 5.85 1
1
Principal Cash Management-Dividend Weekly Dividend 955.03 -1.86 4.03 5.85 1
1
Principal Cash Management-Dividend Monthly Dividend 974.47 -1.86 4.03 5.85 1
1
Principal Cash Management-Dividend Daily Dividend 949.52 -1.86 4.03 5.85 1
1
Principal Cash Management Direct-Growth Growth 1658.93 -1.79 4.11 5.92 1
1
Principal Cash Management Direct-Dividend Weekly Dividend 955.92 -1.79 4.11 5.92 1
1
Principal Cash Management Direct-Dividend Monthly Dividend 974.98 -1.79 4.11 5.92 1
1
Principal Cash Management Direct-Dividend Daily Dividend 949.73 -1.79 4.11 5.92 1
1
Principal Ultra Short Term Fund-Growth Growth 1982.04 1.31 5.05 6.61 1
1
Principal Ultra Short Term Fund-Dividend Weekly Dividend 1000.94 1.31 5.05 6.61 1
1
Principal Ultra Short Term Fund-Dividend Monthly Dividend 1043.04 1.31 5.05 6.61 1
1
Principal Ultra Short Term Fund-Dividend Daily Dividend 986.91 1.31 5.05 6.61 1
1
Principal Ultra Short Term Fund Direct-Growth Growth 2024.46 2.2 5.69 7.03 1
1
Principal Ultra Short Term Fund Direct-Dividend Monthly Dividend 1048.34 2.2 5.69 7.03 1
1
Principal Personal Tax Saver Fund Direct Growth 200.64 1.72 12.03 12.75 1
1
Principal Nifty 100 Equal Weight Fund-Growth Growth 71.93 2.54 11.09 10.04 1
1
Principal Nifty 100 Equal Weight Fund-Dividend Dividend 42.28 2.54 11.09 10.04 1
1
Principal Nifty 100 Equal Weight Fund Direct-Growth Growth 74.05 2.96 11.61 10.57 1
1
Principal Nifty 100 Equal Weight Fund Direct-Dividend Dividend 43.52 2.96 11.61 10.57 1
1
Principal Dividend Yield Fund Direct-Growth Dividend 54.26 4.81 19.08 16.2 0
0
Principal Dividend Yield Fund Direct-Dividend Half Yearly Dividend 30.62 4.81 19.08 16.2 0
0
Principal Arbitrage Fund Regular-Growth Growth 10.94 -1.18 0 0 0
0
Principal Arbitrage Fund Regular-Dividend Monthly Dividend 10.08 -1.18 0 0 0
0
Principal Arbitrage Fund Direct-Growth Growth 11.14 -0.67 0 0 0
0
Principal Arbitrage Fund Direct-Dividend Monthly Dividend 10.2 -0.67 0 0 0
0
Principal Retirement Savings Fund Progressive Plan Regular-Growth Growth 13.63 4.29 11.98 0 0
0
Principal Retirement Savings Fund Progressive Plan Direct-Growth Growth 13.89 4.68 12.6 0 0
0
Principal Retirement Savings Fund Moderate Plan Regular-Growth Growth 12.66 3.46 8.96 0 0
0
Principal Retirement Savings Fund Moderate Plan Direct-Growth Growth 12.92 3.89 9.63 0 0
0
Principal Retirement Savings Fund Conservative Plan Regular-Growth Growth 12.35 2.86 6.98 0 0
0
Principal Retirement Savings Fund Conservative Plan Direct-Growth Growth 12.53 3.34 7.43 0 0
0
Principal Global Opportunities Fund-Growth Growth 27.49 -10.77 10.3 5.24 0
0
Principal Global Opportunities Fund-Dividend Dividend 27.49 -10.77 10.3 5.24 0
0
Principal Global Opportunities Fund Direct-Growth Growth 28.21 -10.37 10.79 5.71 0
0
Principal Global Opportunities Fund Direct-Dividend Dividend 28.21 -10.37 10.79 5.71 0
0
Principal Equity Savings Fund-Growth Growth 35.66 4.2 7.69 7.49 0
0
Principal Equity Savings Fund-Dividend Quarterly Dividend 12.63 4.2 7.69 7.49 0
0
Principal Equity Savings Fund-Dividend Half Yearly Dividend 12.17 4.2 7.69 7.49 0
0
Principal Equity Savings Fund Direct-Growth Growth 37.66 5.81 8.8 8.46 0
0
Principal Equity Savings Fund Direct-Dividend Quarterly Dividend 15.31 5.81 8.8 8.46 0
0
Principal Equity Savings Fund Direct-Dividend Half Yearly Dividend 12.11 5.81 8.8 8.46 0
0
Principal Dividend Yield Fund-Growth Dividend 52.56 3.96 18.53 15.62 0
0
Principal Dividend Yield Fund-Dividend Half Yearly Dividend 22.59 3.96 18.53 15.62 0
0

Principal Mutual Fund

Punjab National Bank (PNB) Asset Management Company is the Principal Mutual Fund’s 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

  1. Liquid Funds
  2. Debt/Income Schemes
  3. ELSS Funds
  4. Equity Funds
  5. Hybrid Funds
  6. Balanced Funds
  7. 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.