Steady Long-Term Returns & Tax Efficiency Hand In Hand With Balanced Fund

Steady Long-Term Returns & Tax Efficiency Hand In Hand With Balanced Fund

- Vijay Thapliyal

How long will the market rally? Will there be price or time correction etc. are some commonly sounded questions on the street. For all such and more apprehensions, there is a Principal Balanced Fund as an answer. Typically, because of its asset allocation in equity and debt instruments.

Presenting Principal Balanced Fund

Fund Summary

Invest in Principal Balanced Fund, a fund that aims to deliver steady long term capital appreciation along with current income while maintaining tax efficiency, through a disciplined and balanced allocation to multicap equities and fixed income instruments.

The equity portion of Principal Balanced Fund is managed by PVK Mohan who has total work experience of over 24 years. He has been managing this fund since May 2010. Ms. Bekxy Kuriakose manages the debt portion of this fund. She has total work experience of 16 years and has been managing this fund since Mar 2016.

The fund offers investments under regular and direct plans and have growth and monthly dividend options. Under its dividend option, the investor can choose between payout, re-investment and sweep.

The fund provides SIP, STP and RWP facilities.

Performance Record

An investment amount Rs. 100,000 invested on 30th Nov 2012 in this fund is now worth Rs. 233,449 as on 30th Nov 2017. In the last 6 years, the fund has outperformed its benchmark by handsome margins for 5 years. Only during Nov 2013, the fund’s performance vis-à-vis benchmark was almost hand in hand.

Performance figures are stated below for your perusal.