invest in large, mid & small cap companies at one go

Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.

Principal Emerging Bluechip Fund (An open ended equity scheme investing in both large cap and midcap stocks)

This Product Is Suitable For Investors Who Are Seeking~-• Long term Capital Growth.• Investment in equity & equity related securities including equity derivatives of large & mid capitalization companies

Investors understand that their principal will be at moderately high risk

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Invest in

Invest in large, mid & small cap companies at one go

An open-ended equity scheme investing in both large cap and mid cap stocks

Emerging Bluechip Fund

Emerging opportunitiesthat could help to generatelong term wealth

FUNDS INSIGHTDecember, 2020

Mutual Fund

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Principal Short Term Debt Fund(An open ended short term debt scheme investing in instruments such that the

Macaulay duration of the portfolio is between 1 year and 3 years.)[Please refer page no. 23 of SID on which the concept of Macaulay’s Duration has been explained.]

Investment Objective: To generate regular income and capital appreciation/ accretion through investment in debt instruments and related securities besides preservation of capital and has been designed to achieve stable returns over shorter-term investment horizons.

Dividend Update

Date Regular Plan Direct PlanDividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV

Monthly Dividend (Last 3 Months)17-Nov-20 0.0910 12.9104 0.0962 12.948016-Oct-20 0.1178 12.9372 0.1317 12.983517-Jul-20 0.3998 13.2192 0.4694 13.3212Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Data As on November 30, 2020

Rating Profile (As on Nov 30, 2020) (% of NAV)

Note: # Weighted Average TER for the month, includes GST on management fees.

Fund Details

Minimum Investment Amount (`)Lumpsum Special ProductsNew Investor- ` 5,000 SIP- ` 2,000Existing Investor- ` 1,000 STP- ` 1,000 RWP- ` 500 6 installments each

Asset Under Managment (` Cr) MAAUM: 138.02

AUM: 142.66 `

Load StructureEntry Load: NILExit Load: NIL (w.e.f December 26, 2019)

Plans Regular Plan & Direct Plan. Options Both the Plans offer Dividend & Growth Option.Dividend Frequency Monthly

Allotment Date & Benchmark Allotment Date

Regular Plan: May 09, 2003Direct Plan: January 1, 2013

Benchmark: CRISIL Short-Term Bond Fund Index

Fund Manager DetailsName: Gurvinder Singh Wasan

Managing Since: April 2011Total Experience: 16 years

Month End Quants of the Debt Portfolio (As on November 30, 2020)Average Maturity: 3.34 yearsModified Duration: 2.80 yearsGross Yield to Maturity: 4.76%Macaulay Duration: 2.91 years

Expense Ratio# (As on November 30, 2020)Direct Plan - 0.59 %

Regular Plan - 1.03 %`

For NAV details, please refer page 6

Composition By Assets (As on Nov 30, 2020) (% of NAV)

BONDS & NCD 62.68 Sovereign 25.34

State Government Securities 7.17

Cash and Other Assets 4.81

Past performance is no guarantee of future result.

Performance (As on 27/11/2020)

Period Principal Short Term Debt Fund

CRISIL Short-Term Bond Fund Index

(Scheme’s Benchmark)

CRISIL 10 Year Gilt Index

(Additional Benchmark)Returns

(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (29-11-2019 to 27-11-2020) 10.19 11015.82 10.37 11033.84 8.45 10842.973 Years (30-11-2017 to 27-11-2020) 4.64 11454.86 8.77 12863.32 7.89 12554.535 Years (30-11-2015 to 27-11-2020) 5.98 13370.39 8.56 15071.73 8.06 14728.98Since Inception (09-05-2003 to 27-11-2020) 7.28 34371.00 7.49 35542.75 6.25 29016.47Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Portfolio

Name Rating % of NAVBONDS & NCD 62.68 Indian Railway Finance Corporation Ltd CRISIL AAA 6.60 Housing Development Finance Corporation Ltd CRISIL AAA 5.19 Ultratech Cement Ltd CRISIL AAA 5.03 National Bank for Agriculture and Rural Development CRISIL AAA 4.56 NTPC Ltd CRISIL AAA 4.30 Indian Oil Corporation Ltd CRISIL AAA 4.28 HDFC Bank Ltd CRISIL AAA 3.83 National Housing Bank CRISIL AAA 3.77 ICICI Bank Ltd [ICRA]AAA 3.76 Power Finance Corporation Ltd CRISIL AAA 3.74 Reliance Industries Ltd CRISIL AAA 3.72 LIC Housing Finance Ltd CRISIL AAA 3.70 Hindustan Petroleum Corporation Ltd CRISIL AAA 3.69 The Ramco Cements Ltd [ICRA]AA+ 3.56 REC Ltd CRISIL AAA 2.95 Sovereign 25.34 6.18% Government of India Sovereign 7.72 7.27% Government of India Sovereign 4.96 7.32% Government of India Sovereign 4.56 6.79% Government of India Sovereign 3.72 6.84% Government of India Sovereign 2.93 6.45% Government of India Sovereign 1.45 State Government Securities 7.17 6.45% State Government of Maharashtra Sovereign 7.17 TREPS / Reverse Repo Investments 2.34 TREPS 2.34 Cash & Cash Equivalents 2.47 Net Assets 100.00

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IndexDetails

Equity Markets Round Up 2

Fixed Income Market Update 3

How to Read Factsheet 4

Product Suitability 5

NAV (Net Asset Value) 6

Principal Fixed Income Funds Snapshot 7

Systematic Investment Plan (SIP) Returns 8

Equity Funds

Principal Large Cap Fund 10

Principal Emerging Bluechip Fund 11

Principal Multi Cap Growth Fund 12

Principal Focused Multicap Fund 13

Principal Small Cap Fund 14

Principal Midcap Fund 15

Principal Dividend Yield Fund 16

Principal Tax Savings Fund 17

Principal Personal Tax Saver Fund 18

Principal Nifty 100 Equal Weight Fund 19

Hybrid Funds

Principal Hybrid Equity Fund 20

Principal Balanced Advantage Fund 21

Principal Equity Savings Fund 22

Principal Arbitrage Fund 23

Fixed Income FundsPrincipal Cash Management Fund 24

Principal Ultra Short Term Fund 25

Principal Low Duration Fund 26

Principal Short Term Debt Fund 27

Solution Oriented Funds

Principal Retirement Savings Fund (Progressive Plan) 28

Principal Retirement Savings Fund (Moderate Plan) 29

Principal Retirement Savings Fund (Conservative Plan) 30

Fund of Funds

Principal Global Opportunities Fund 31

Other Details

Annexure for returns of all the Schemes 32

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EQUITY & DEBT

MARKET OUTLOOK

Equity Markets Round Up: November 2020

Despite a surge in COVID cases and local lockdowns in parts of US/EU, risk assets did better during the month. This was likely driven by the news flow on vaccines, especially as they promised effectiveness numbers which were far ahead of what was being expected. Another factor was the result of US elections, with the Democrats winning the presidency, while likely not having control of the senate. The implication that the party would not have free rein to carry out its most extreme spending policies was taken positively by the markets.

Global equity markets rallied, with the MSCI All Country World Index (MSCI ACWI) (USD) up 12.2% during the month. The MSCI EM (USD) index was up 9.2% during the month. The US VIX was sharply down by 46%. Equity flows into emerging markets during the month were the highest ever since data became available at USD 28.4 BN (JPM data). Commodity prices have continued to rally, with the London Metals Index of six key metals up 11% during November. Prices of steel have also rallied, with manufacturers making good spreads. Crude oil (Brent) was up also, and closed the month at USD 47.6 per Barrel.

The Nifty Index was up 11.4% during the month, with Financials and Metals performing well as given in the enclosed chart. On the other hand, the IT, Healthcare and FMCG indices underperformed. The Indian VIX index (NSE) was down 20% during the month. FPI inflows were the highest ever for a single month at Rs. 60,358 crores. These were in part led by the MSCI rebalancing which led to increase in weight for India in the MSCI EM index. According to JPM data, sales by domestic institutions however were the heaviest since May 2007, when data has been available. In Indian macroeconomic data, the second quarter GDP numbers were sharply better than those for Q1 with the GDP shrinking only 7.5% YoY vs a loss of output of 24% in Q1. This was not a surprise as the reopening of the economy and recovery in consumer demand has been better than what was anticipated by the analysts and by the businesses themselves. Physical data like rail freight loading (+9% YoY in November) and power demand (+4% YoY) continue to remain positive. Services, esp. those that involve physical interactions continue to lag and they degrew 11% in Q2 (vs a degrowth of 21% in Q1). While private consumption has shown recovery compared to the data for Q1, government spending during Q2 shrank sharply. The overall government spending was down 22% YoY in Q2 (it was up 16% YoY in Q1). Since the spending of the central government was down only 13% YoY in Q2, state governments seem to have really slowed down on expenditure. Inflation currently remains elevated (CPI was 7.61% for October) driven by food and beverages. However, even core inflation was high at 5.8%. As we have said earlier, rising commodity prices should also contribute to inflation in prices of manufactured goods. The Q2 results for companies have been positive and have contributed to the rally in the markets. According to Credit Suisse data, sales of companies in the BSE 100 grew 2% YoY, with EBIT growing 16% YoY. Close to 20 Nifty companies beat consensus estimates. Good results were led by cost control by companies, rising metals prices, lower NPA provisions by banks etc.

Outlook

Central banks are likely to remain accommodative for the foreseeable future and there is likely to be some reduction in global trade tensions with the new leadership in the US; this, coupled with relatively weak fixed income returns means that risk assets including EM equity are expected to perform better in 2021. In India, in the near term we will have to carefully watch for how the demand holds up, given the impact on jobs and on small and mid sized companies as a result of COVID. However, companies with better earnings growth, visibility and quality are likely to outperform in the long term, given their better cost control, increase in market share and reduced competitive intensity across segments. Select manufacturing companies may also gain as a consequence of the government’s steps to promote domestic manufacturing including by use of the PLI scheme.

Data Item Growth

1 Month 1 yearMSCI EM Index (USD) 9.21 15.87MSCI EM Index Local 7.73 16.18MSCI World Index (USD) 12.66 12.66Nifty 100 Equal Weight Index 13.01 7.24Indian Rupee 0.09 -3.21Dollar Index (DXY) -2.31 -6.52Crude Oil- Brent 27.04 -23.77CRB Index 4.60 10.86Gold -5.42 21.38Copper 12.82 29.26Iron Ore 5.51 47.49Cotton (Cotlook A Index) 4.04 6.40JP Morgan EM FX Index 3.82 -5.77Data as on 27th November 2020. Source: Bloomberg, NSDL and Sebi websites

Indicators October-20 November-20FII net flows (Rs. Crs) 19,541 60,358Mutual Fund net flows (Rs. Crs) -14,344 -30,760Exports (USD Billion) 27.58 24.89Imports (USD Billion) 30.31 33.60CPI 7.34 7.61IIP -8.00 0.20Data as on 27th November 2020. Souce: Bloomberg, NSDL and Sebiwebsites

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Fixed Income Market Update: November 2020• Duringthemonthyieldscontinuedtofallacrossmostassetclassesonaccountofamplebankingsystemliquidity,

RBI’s open market operations and flows into debt mutual funds.

• India'sfiscaldeficitfortheperiodApriltoOctober2020hascomeinataround9.53lakhcrore,whichis119.7%percent of the Budget estimates.

• Thetenyrgiltbenchmarkfellduringthemonthtoendat5.91%,3bpshigherthanpreviousmonth.

• Corporatebondsyieldsfellfurtherduringthemonth.The5yrAAAbenchmarkandthe10yrAAAbenchmarkended the month at 5.55% and 6.51% respectively compared to 5.63% and 6.61% in the previous month.

• 1yearCDratesclosedat3.57%,15bpslowerthanpreviousmonth.3monthCDratesclosedat3.22,2bpshigherthan previous month.

• BrentCrudeOilpricesroseduringthemonthaspositivenewsonthevaccinefrontledtoexpectationsofeconomicrecovery. It ended the month at USD 47.17 per barrel from USD 37.13 per barrel in previous month. INR mildly appreciated to 74.04 during the month from 74.11 in previous month. For the month of November, FPIs were net sellers in the debt market to the tune of Rs 3700 cr. 10 yr US treasury yields rose marginally during the month to end at 0.84% compared to 0.82% at previous month end.

• CPIinflationforOctobercameinat7.61%comparedto7.27%(revised)inpreviousmonthreflectingcontinuedelevated prices in categories like food, fuel and others.

• SeptemberIndustrialproduction(IIP)growthcameat0.20%comparedto-7.40%forpreviousmonthreflectingsome resumption of economic activity as lockdown measures started easing.

• BankingSystemLiquidityremainsample.ForthemonthofNovemberthemonthlyaveragesurpluswasRs5.27lakh cr.

• DuringthemonthRBIconductedSDLOMOworthRs10000crandOperationTwistworthRs30,000crunderwhich they bought medium to longer dated government securities against T bills. During the month RBI also conducted conversion of shorter dated government securities to longer dated government securities worth approx. Rs 9500 cr.

• RealGDPgrowthdatareleasedforthesecondquarterofFY21showedthegrowthat-7.5%,comparedto-23.9%in the previous quarter and 4.4% in same quarter previous year.

Outlook:• WeexpectBankingSystemliquiditytoremaincomfortableintherangeofRs5to6lakhcroresforthemonthof

December. Short term CD and CP rates and Overnight rates expected to remain stable and low given the ample banking system liquidity.

• AtthenextRBIMPCmeetscheduledon4thDec,weexpectMPCtokeepkeyratesunchanged.RBImayannouncesome tools to suck out liquidity to bring overnight rates at least closer to the reverse repo rate.

• WeexpectgiltyieldstobevolatileduetolackofpredictabilityontheOMOpurchasesof longtermsecuritiesthough in a tight range as RBI continues to support the market.

• AAACorporatebondspreadsareatyearlowlevels.Weexpectspreadsmaywidenifglobalbondyieldsriseonrising certainty of vaccine deployment and further recovery prospects.

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Broad Indices

Nifty 50 12969 11.39 13.89 35.37 7.57

S&P BSE Sensex 44150 11.45 14.29 36.16 8.23

S&P BSE 100 13051 11.35 13.67 34.57 7.48

S&P BSE 200 5481 11.62 14.05 35.64 8.60

S&P BSE 500 16995 11.70 14.14 36.89 9.17

S&P BSE MID CAP 16915 13.49 15.37 42.82 12.13

S&P BSE SMALL CAP 16875 13.35 17.71 54.92 24.44

Performance As on November 27, 2020*

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Sectoral Indices

S&P BSE AUTO 20129 14.91 13.82 42.81 11.21

S&P BSE Bankex 33884 23.72 25.62 53.07 -6.37

S&P BSE CD 27046 12.33 18.84 42.60 8.74

S&P BSE CG 17022 20.15 23.88 38.01 -2.08

S&P BSE FMCG 11726 7.35 3.32 7.60 0.02

S&P BSE HC 20319 5.51 10.50 29.86 49.36

S&P BSE METAL 10219 24.51 15.68 50.16 4.50

S&P BSE Oil & Gas 13251 9.28 1.28 11.96 -12.57

S&P BSE PSU 5295 16.16 2.94 17.71 -25.14

S&P BSE Teck 9969 3.16 14.55 38.03 33.62

*Performance for less than one year are absolute returns. Source - MFI Explorer

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How to Read Factsheet

Fund Manager - An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount For Fresh Subscription - This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount - This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield To Maturity - The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP - SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SlP that invests ` 500 every 15th of the month in an equity fund for a period of three years.

NAV - The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark - A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year G-sec.

Entry Load - A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is ` 100 and the entry load is 1%, the investor will enter the fund at ` 101.Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.

Exit Load - Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ` 100 and the exit load is 1%, the redemption price would be ` 99 per unit.

Modified Duration - Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.

Standard Deviation - Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio - The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta - Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM - AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings - The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature Of Scheme - The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile - Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

MAAUM - Monthly Average Asset Under Management

++ ICRA has assigned credit risk rating of [ICRA]A1+mfs to Principal Cash Management Fund. Rating methodology used by ICRA is based on evaluating the inherent credit quality of the mutual funds portfolio. As a measure of the credit quality of a debt fund’s assets, ICRA uses the concept of “credit scores”, based on ICRA’s assessment of credit risk associated with each exposure of the portfolio taking into account its maturity. To quantify the credit risk scores, ICRA uses its database of historical default rates for various rating categories for various maturity buckets. The credit risk ratings incorporate ICRA’s assessment of a debt fund’s published investment objectives and policies, its management characteristics, and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. If the portfolio credit score meets the benchmark of the assigned rating during the review, the rating is retained. In an event that the benchmark credit score is breached, ICRA gives a month’s time to the debt fund manager to bring the portfolio credit score within the benchmark credit score. If the debt fund manager is able to reduce the portfolio credit score within the benchmark credit score, the rating is retained. If the portfolio still continues to breach the benchmark credit score, the rating is revised to reflect the change in credit quality. The ratings should, however, not be construed as an indication of the prospective performance of the Mutual fund scheme or of volatility in its returns. ICRA ratings should not be treated as recommendation to buy, sell or hold the rated debt instruments. ICRA ratings are subject to a process of surveillance which may lead to a revision in ratings. Source: ICRA Ltd.

DISCLAIMER:Mutual Fund investments are subject to market risks, read all scheme related documents carefully.This factsheet is for informative purpose only and under no circumstances is to be used or considered as an investment advice. Terms of issue / load structure/ Scheme specific risk factors are set forth in the Scheme Information Document(SID). Copy of the same is available at all our Investor Service Centres. Alternatively, Investor can download the SID from our website - www.principalindia.com or can call us at 1800 425 5600 to get a copy of the same.

5

Scheme Names This product is suitable for investors who are seeking~ RiskometerPrincipal Large Cap Fund (An open ended equity scheme predominantlyinvesting in large cap stocks)

Long term Capital Growth.•Investment predominantly in equity and equity-related securities of large cap•companies.•

Principal Focused Multicap Fund (An open ended equity scheme investing in maximum 30 Multi cap stocks)

Long term Capital Growth.•Investment in equity & equity related securities including equity derivatives upto •a maximum of 30 stocks across market capitalization.

Principal Emerging Bluechip Fund (An open ended equity scheme investing in both large cap and midcap stocks.)

Long term Capital Growth. •Investment in equity & equity related securities including equity derivatives of •large & mid capitalization companies.

Principal Small Cap Fund(An open ended equity scheme predominantly investing in small cap stocks)

Long term Capital Growth. •Predominantly investment in equity and equity related instruments of small cap •companies

Principal Midcap Fund(An open ended equity scheme predominantly investing in mid cap stocks)

Long term Capital Growth. •Investment in equity and equity related instruments of midcap companies•

Principal Multi Cap Growth Fund (An open ended equity scheme investing across large cap, mid cap, small cap stocks)

Long term Capital Growth. •Investment in equity & equity related securities including equity derivatives of •companies across market capitalization.

Principal Dividend Yield Fund (An open ended equity scheme predominantly investing in dividend yielding stocks)

Long term Capital Growth. •Investment in equity & equity related securities including equity derivatives of •high dividend yield Companies.

Principal Nifty 100 Equal Weight Fund (An open ended scheme replicating/ tracking Nifty 100 Equal Weight Index)

Long term Capital Growth. •Investment in equity securities including equity derivatives of Nifty 100 Equal •Weight Index companies.

Principal Balanced Advantage Fund(An Open-ended dynamic asset allocation fund)

Long term Capital Growth.•Investment in equity & equity related securities including equity derivatives 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 Personal Tax Saver Fund (An open ended equity linked saving scheme)

Long term Capital Growth with a three year lock-in.•Investment in equity & equity related securities including equity derivatives of •large capitalization Companies.

Principal Tax Savings Fund (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)

Long term Capital Growth with a three year lock-in.•Investment in equity & equity related securities including equity derivatives of •companies across market capitalization.

Principal Hybrid Equity Fund(An open ended hybrid scheme investing predominantly in equity and equity related instruments)

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

Principal Equity Savings Fund (An open ended scheme investing in equity, arbitrage and debt)

Income generation and capital appreciation over the medium to long term.•Investment in equity and equity related instruments, debt and money market •instruments and arbitrage opportunities.

Principal Retirement Savings Fund -Conservative Plan(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))

Income generation and capital appreciation over the medium to long term.•Investment in equity and equity related instruments, debt and money market •instruments and arbitrage opportunities.

Principal Retirement Savings Fund -Moderate Plan (An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))

Income and Long term capital growth.•Investment in equity & equity related securities, debt/money market securities •as well as derivatives.

Principal Retirement Savings Fund -Progressive Plan (An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))

Long term Capital Growth.•Investment in equity & equity related securities including equity derivatives of •companies across market capitalization.

Principal Short Term Debt Fund (An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.)

Income over a medium term investment horizon.•Investment in Debt & Money Market Instruments.•

Principal Arbitrage Fund (An open ended scheme investing in arbitrage opportunities)

Income over short-term. •Income through arbitrage opportunities between cash and derivative market •and arbitrage opportunities within the derivative segment.

Principal Low Duration Fund (An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months)

Income over a short term investment horizon.•Investment in Debt & Money Market Instruments.•

Principal Ultra Short Term Fund (An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months)

Income over a short term investment horizon.•Investment in Debt & Money Market instruments.•

Principal Global Opportunities Fund (An open ended fund of fund scheme investing in Principal Global Investors Funds - Origin Global Smaller Companies Fund)

Long term Capital Growth.•Investment in overseas mutual fund schemes.•

Principal Cash Management Fund (An Open-ended Liquid Scheme)

Income over a short term investment horizon.•Investment in Debt & Money Market Instruments, with maturity not exceeding •91 days.

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

Product Suitability

6

Equity Funds (As on November 27, 2020)Principal Emerging Bluechip Fund (`) Principal Multi Cap Growth Fund (`) Principal Tax Savings Fund (`)Regular Plan - Growth 123.93 Regular Plan - Growth 154.98 Regular Plan - Growth 229.30Regular Plan - Half Yearly Dividend Option 47.85 Regular Plan - Half Yearly Dividend Option 38.32 Regular Plan - Half Yearly Dividend Option 229.30Direct Plan - Growth 133.70 Direct Plan - Growth 164.47 Direct Plan - Growth 238.90Direct Plan - Half Yearly Dividend Option 101.80 Direct Plan - Half Yearly Dividend Option 49.26 Direct Plan - Half Yearly Dividend Option 238.90

Principal Nifty 100 Equal Weight Fund (`) Principal Focused Multicap Fund (`) Principal Dividend Yield Fund (`)Regular Plan - Growth 76.8386 Regular Plan - Growth 76.85 Regular Plan - Growth 61.11Regular Plan - Dividend 45.1594 Regular Plan - Half Yearly Dividend Option 28.91 Regular Plan - Half Yearly Dividend Option 25.73Direct Plan - Growth 79.3564 Direct Plan - Growth 81.18 Direct Plan - Growth 63.70Direct Plan - Dividend 46.6366 Direct Plan - Half Yearly Dividend Option 29.98 Direct Plan - Half Yearly Dividend Option 35.33

Principal Small Cap Fund (`) Principal Midcap Fund (`) Principal Personal Tax Saver Fund (`)Regular Plan - Growth 13.2700 Regular Plan - Growth 11.5600 Regular Plan - Growth 213.91Regular Plan - Dividend 13.2700 Regular Plan - Dividend 11.5600 Direct Plan - Growth 223.06Direct Plan - Growth 13.6500 Direct Plan - Growth 11.7800Direct Plan - Dividend 13.6500 Direct Plan - Dividend 11.7800

Principal Large Cap Fund (`)Regular Plan - Growth 10.9300Regular Plan - Dividend 10.9300Direct Plan - Growth 10.9500Direct Plan - Dividend 10.9500

Hybrid Funds (As on November 27, 2020)Principal Hybrid Equity Fund (`) Principal Balanced Advantage Fund (`) Principal Equity Savings Fund (`)Regular Plan - Growth 84.41 Regular Plan - Growth 22.35 Regular Plan - Growth 41.1096Regular Plan - Monthly Dividend Option 23.34 Regular Plan - Monthly Dividend Option 13.52 Regular Plan - Quaterly Dividend Option 13.6631Direct Plan - Growth 91.57 Direct Plan - Growth 24.44 Regular Plan - Half Yearly Dividend Option 13.2691Direct Plan - Monthly Dividend Option 33.28 Direct Plan - Monthly Dividend Option 15.40 Direct Plan - Growth 44.2803

Direct Plan - Quaterly Dividend Option 17.3650Direct Plan - Half Yearly Dividend Option 13.2066

Principal Arbitrage Fund (`)Regular Plan - Growth 11.4842Regular Plan - Monthly Dividend Option 10.0973Direct Plan - Growth 11.7869Direct Plan - Monthly Dividend Option 10.1931

Fixed Income Funds (As on November 27, 2020)Principal Cash Management Fund* (`) Principal Low Duration Fund (`) Principal Short Term Debt Fund (`)Regular Plan - Growth 1788.7424 Regular Plan - Growth 2703.4799 Regular Plan - Growth 34.3710Regular Plan - Daily Dividend Option 1000.8893 Regular Plan - Daily Dividend Option 923.0204 Regular Plan - Monthly Dividend Option 12.8689Regular Plan - Weekly Dividend Option 1006.6660 Regular Plan - Weekly Dividend Option 923.1729 Direct Plan - Growth 36.2922Regular Plan - Monthly Dividend Option 1023.7757 Regular Plan - Monthly Dividend Option 1046.9868 Direct Plan - Monthly Dividend Option 12.9030Direct Plan - Growth 1798.9198 Direct Plan - Growth 2814.5212Direct Plan - Daily Dividend Option 1000.6367 Direct Plan - Daily Dividend Option 927.7270Direct Plan - Weekly Dividend Option 1007.1300 Direct Plan - Weekly Dividend Option 926.3356Direct Plan - Monthly Dividend Option 1023.8196 Direct Plan - Monthly Dividend Option 1052.5044

Principal Ultra Short Term Fund (`)Regular Plan - Growth 2158.1561Regular Plan - Daily Dividend Option 1005.4300Regular Plan - Weekly Dividend Option 1019.0271Regular Plan - Monthly Dividend Option 1059.7408Direct Plan - Growth 2235.2534Direct Plan - Monthly Dividend Option 1060.0121

Solution Oriented Funds (As on November 27, 2020)Principal Retirement Savings Fund (CP) (`) Principal Retirement Savings Fund (PP) (`) Principal Retirement Savings Fund (MP) (`)Regular Sub Plan - Growth 13.0261 Regular Sub Plan - Growth 14.8586 Regular Sub Plan - Growth 13.8793Direct Sub Plan - Growth 13.3240 Direct Sub Plan - Growth 15.3938 Regular Sub Plan - Dividend 13.8793

Direct Sub Plan - Growth 14.3312

Fund of FundsPrincipal Global Opportunities Fund (`)Regular Plan - Growth 35.4588Regular Plan - Dividend 35.4588Direct Plan - Growth 36.6249Direct Plan - Dividend 36.6249

NAV (Net Asset Value)

*As on November 30, 2020

7

Principal Fixed Income Funds Snapshot (As on November 30, 2020)

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8

Systematic Investment Plan (SIP) Returns (As on November 27, 2020)

SCHEMES MANAGED BY MR. RAVI GOPALAKRISHNAN

SCHEMES MANAGED BY MR. SUDHIR KEDIA

Principal Emerging Bluechip Fund - Growth

Particulars Total Amount Invested (in `)

Scheme’s Returns Scheme’s Benchmark (NIFTY Large Midcap 250 Index - TRI)

Additional Benchmark (Nifty 50 - TRI)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 46.87 1,48,000 50.24 1,49,902 43.44 1,46,050 3 Years SIP 3,60,000 12.63 4,34,266 12.84 4,35,557 12.96 4,36,325 5 Years SIP 6,00,000 11.76 8,05,427 11.82 8,06,523 12.25 8,15,293 7 Years SIP 8,40,000 13.69 13,66,570 12.25 12,98,350 11.31 12,55,657 10 Years SIP 12,00,000 16.93 29,15,001 13.47 24,20,624 11.65 21,96,879 Since Inception SIP 14,40,000 17.42 44,09,739 13.62 34,26,556 11.74 30,26,293 Inception Date - November 12, 2008

Principal Dividend Yield Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty Dividend Opportunities 50 Index - TRI)*


Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 39.13 1,43,584 33.69 1,40,442 43.44 1,46,050 3 Years SIP 3,60,000 10.95 4,23,844 6.59 3,97,578 12.96 4,36,325 5 Years SIP 6,00,000 11.43 7,98,754 8.01 7,33,822 12.25 8,15,293 7 Years SIP 8,40,000 11.47 12,62,518 8.27 11,26,742 11.31 12,55,657 10 Years SIP 12,00,000 11.93 22,29,734 9.03 19,13,141 11.65 21,96,879 Since Inception SIP 19,30,000 11.21 51,30,275 NA NA 11.75 53,90,754 Inception Date - October 15, 2004

Principal Focused Multicap Fund - Growth


Scheme’s Returns Scheme’s Benchmark (S&P BSE 250 Large Midcap - TRI)


Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 38.40 1,43,167 44.61 1,46,719 43.44 1,46,050 3 Years SIP 3,60,000 13.66 4,40,727 12.51 4,33,476 12.96 4,36,325 5 Years SIP 6,00,000 11.94 8,09,065 11.82 8,06,561 12.25 8,15,293 7 Years SIP 8,40,000 11.41 12,59,984 11.53 12,65,399 11.31 12,55,657 10 Years SIP 12,00,000 12.16 22,58,089 12.24 22,67,636 11.65 21,96,879 Since Inception SIP 18,00,000 12.18 48,31,639 11.69 46,33,154 11.17 44,33,149 Inception Date - November 11, 2005

SCHEMES MANAGED BY MR. RAVI GOPALAKRISHNAN & SIDDARTH MOHTA

Principal Multi Cap Growth Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty 500 Index - TRI)


Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 38.52 1,43,232 45.39 1,47,162 43.44 1,46,050 3 Years SIP 3,60,000 8.21 4,07,172 11.96 4,30,032 12.96 4,36,325 5 Years SIP 6,00,000 8.94 7,51,058 11.21 7,94,471 12.25 8,15,293 7 Years SIP 8,40,000 10.12 12,03,199 11.06 12,44,237 11.31 12,55,657 10 Years SIP 12,00,000 12.63 23,14,542 11.85 22,20,576 11.65 21,96,879 Since Inception SIP 24,10,000 14.01 1,18,91,791 14.81 1,31,28,580 14.12 1,20,48,855 Inception Date - October 25, 2000

Principal Small Cap Fund - Growth


Scheme’s Returns Bechmark (Nifty Smallcap 100 TRI) Returns Yield * (%)

Additional Bechmark (Nifty 50 TRI) Returns Yield * (%)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 64.27 1,57,687 66.23 1,58,758 43.44 1,46,050 Since Inception SIP 1,80,000 41.94 2,39,331 34.00 2,28,016 24.70 2,14,831 Inception Date - May 13, 2019

Principal Tax Savings Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty 500 Index - TRI)**

Additional Benchmark (Nifty 50 - TRI)^

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 42.91 1,45,752 45.39 1,47,162 43.44 1,46,050 3 Years SIP 3,60,000 9.05 4,12,264 11.96 4,30,032 12.96 4,36,325 5 Years SIP 6,00,000 9.28 7,57,458 11.21 7,94,471 12.25 8,15,293 7 Years SIP 8,40,000 10.29 12,10,888 11.06 12,44,237 11.31 12,55,657

10 Years SIP 12,00,000 12.77 23,32,669 11.85 22,20,576 11.65 21,96,879

Since Inception SIP 28,90,000 15.97 2,81,28,576 Not AvailableInception Date - March 31, 1996

Different plans shall have a different expense structure. Returns shown above are for Regular Plan - Growth option. Past performance may or may not be sustained in the future.The returns shown above are calculated using XIRR approach (CAGR Returns) assuming investment of `10,000/- on the 1st business day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.For performance of all schemes, Investors are advised to refer ‘Returns’ section on page 32.Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Mr. Ravi Gopalakrishnan manages Principal Emerging Bluechip Fund, Principal Focused Multicap Fund and Principal Dividend Yield Fund (w.e.f. October 2019).Mr. Ravi Gopalakrishnan manages Principal Multi Cap Growth Fund, Equity portion of Principal Balanced Advantage Fund and Mr. Siddarth Mohta has been appointed as a Associate Fund Manager of Principal Multi Cap Growth Fund, (w.e.f. August 2018).Mr. Ravi Gopalakrishnan & Mr. Siddarth Mohta manages Principal Small Cap Fund (w.e.f. May 2019).Mr. Sudhir Kedia manages Principal Tax Savings Fund, Principal Tax Saver Fund and Equity portion of Principal Equity Savings Fund (w.e.f. October 2019).^Since TRI data is not available for the period 31-03-1996 to 30-06-1999 for Nifty 50 Index, SIP performance for since inception period is not provided. **Since TRI data is not available for the period 31-03-1996 to 26-11-1998 for Nifty 500 Index, SIP performance for since inception period is not provided. *Since performance data for Nifty Dividend Opportunities 50 Index is not available, SIP performance since inception period is not provided.

Principal Personal Tax Saver Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty 500 Index- TRI)**

Additional Benchmark (Nifty 50 - TRI)^

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 43.32 1,45,985 45.39 1,47,162 43.44 1,46,050 3 Years SIP 3,60,000 8.93 4,11,548 11.96 4,30,032 12.96 4,36,325 5 Years SIP 6,00,000 7.44 7,23,526 11.21 7,94,471 12.25 8,15,293 7 Years SIP 8,40,000 7.71 11,04,371 11.06 12,44,237 11.31 12,55,657 10 Years SIP 12,00,000 9.36 19,46,462 11.85 22,20,576 11.65 21,96,879 Since Inception SIP 29,50,000 16.28 3,18,47,926 Not AvailableInception Date - March 31, 1996

9

Principal Nifty 100 Equal Weight Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty 100 Equal Weight - TRI)~


Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 39.51% 1,43,803 43.19% 1,45,912 43.44% 1,46,050 3 Years SIP 3,60,000 7.61% 4,03,592 9.15% 4,12,821 12.96% 4,36,325 5 Years SIP 6,00,000 6.81% 7,12,075 8.08% 7,34,991 12.25% 8,15,293 7 Years SIP 8,40,000 6.65% 10,63,447 8.65% 11,42,076 11.31% 12,55,657 10 Years SIP 12,00,000 7.83% 17,96,014 10.32% 20,47,670 11.65% 21,96,879 Since Inception SIP 25,60,000 10.61% 90,81,011 NA NA 13.85% 1,38,77,570 Inception Date - July 27, 1999

Different plans shall have a different expense structure. Returns shown above are for Regular Plan - Growth option. Past performance may or may not be sustained in the future.The returns shown above are calculated using XIRR approach (CAGR Returns) assuming investment of `10,000/- on the 1st business day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.For performance of all schemes, Investors are advised to refer ‘Returns’ section on page 32.Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Mr. Ravi Gopalakrishnan manages Principal Balanced Advantage Fund - Equity Portion, Principal Hybrid Equity Fund - Equity Portion and Mr. Gurvinder Singh Wasan manages Principal Equity Savings Fund - Debt portion (w.e.f. May 2019).Mr. Sudhir Kedia manages Principal Tax Savings Fund, Principal Personal Tax Saver Fund Principal Equity Savings Fund - Equity Portion (w.e.f. October 2019). Mr. Gurvinder Singh Wasan manage Principal Equity Savings Fund - Debt portion (w.e.f. May 2019).Mr. Ravi Gopalakrishnan manage Principal Hybrid Equity Fund - Equity Portion, Mr. Bekxy Kuriakose - Debt Portion and Mr. Ashish Aggrawal - Associate Fund Manager (w.e.f. October 2019)Ms. Bekxy Kuriakose manages Principal Hybrid Equity Fund - Debt Portion (w.e.f. Mar 2016) and Principal Balanced Advantage Fund - Debt Portion (w.e.f. January 01, 2018)Mr. Rajat Jain manages Principal Nifty 100 EqualWeight Fund (w.e.f. August 2015)*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.# The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200With effect from June 10, 2018, fresh allotment of units in Principal Personal Tax saver Fund even in case of SIPs registered prior to close of business hours of March 31, 2017 is suspended.^Since TRI data is not available for the period 31-03-1996 to 30-06-1999 for Nifty 50 Index, SIP performance for since inception period is not provided. **Since TRI data is not available for the period 31-03-1996 to 26-11-1998 for Nifty 500 Index, SIP performance for since inception period is not provided. ~Since performance data for Nifty 100 Equal Weight Index is not available, SIP performance since inception period is not provided.Performance of Principal Midcap Fund & Principal Large Cap Fund is not given as the scheme has not completed 1 year.

Systematic Investment Plan (SIP) Returns (As on November 27, 2020)

Principal Balanced Advantage Fund - Growth


Scheme’s ReturnsScheme’s Bechmark (50% Nifty 100 TRI + 35% Crisil Short Term Bond Index + 15%

Nifty Arbitrage) Returns Yield * (%)Additional Benchmark

(Nifty 50 - TRI)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 16.39 1,30,173 24.76 1,35,193 43.44 1,46,050 3 Years SIP 3,60,000 6.15 3,94,990 10.88 4,23,375 12.96 4,36,325 5 Years SIP 6,00,000 5.89 6,96,018 10.18 7,74,532 12.25 8,15,293 7 Years SIP 8,40,000 6.38 10,53,457 9.89 11,93,642 11.31 12,55,657 Since Inception SIP 11,90,000 8.28 18,16,642 10.31 20,19,529 11.70 21,72,583

Inception Date - December 16, 2010

Principal Hybrid Equity Fund - Growth


Scheme’s Returns Scheme’s Benchmark (CRISIL Hybrid 35+65 - Aggressive Index)#


Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 32.64 1,39,826 33.48 1,40,317 43.44 1,46,050 3 Years SIP 3,60,000 8.37 4,08,130 13.13 4,37,364 12.96 4,36,325 5 Years SIP 6,00,000 9.34 7,58,409 11.80 8,06,188 12.25 8,15,293 7 Years SIP 8,40,000 10.18 12,05,918 11.41 12,59,905 11.31 12,55,657 10 Years SIP 12,00,000 11.65 21,96,870 11.63 21,95,082 11.65 21,96,879 Since Inception SIP 25,00,000 12.75 1,10,78,563 10.26 81,16,965 13.94 1,28,92,970 Inception Date - January 14, 2000

Principal Equity Savings Fund - Growth


Scheme’s Returns Scheme’s Benchmark (Nifty Equity Savings Index)

Additional Benchmark (CRISIL 10 year Gilt Index)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 24.01 1,34,747 19.16 1,31,844 7.00 1,24,404 3 Years SIP 3,60,000 9.41 4,14,444 9.84 4,17,003 9.74 4,16,429 5 Years SIP 6,00,000 8.04 7,34,406 9.22 7,56,164 8.03 7,34,233 7 Years SIP 8,40,000 7.67 11,02,692 8.90 11,52,246 8.21 11,24,161 10 Years SIP 12,00,000 7.37 17,52,440 9.19 19,29,032 7.88 18,00,208 Since Inception SIP 22,20,000 7.38 46,20,975 NA NA 6.93 44,09,406 Inception Date - May 23, 2002

SCHEME MANAGED BY MR. SUDHIR KEDIA & GURVINDER SINGH WASAN

SCHEME MANAGED BY MR. RAVI GOPALAKRISHNAN & MS. BEKXY KURIAKOSE

SCHEME MANAGED BY MR. RAVI GOPALAKRISHNAN, MR. ASHISH AGGARWAL & MS. BEKXY KURIAKOSE

SCHEME MANAGED BY MR. RAJAT JAIN

Principal Short Term Debt Fund - Growth


Scheme’s Returns Scheme’s Benchmark (CRISIL Short-Term Bond Fund Index)

Additional Benchmark (CRISIL 10 Year Gilt Index)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 1,20,000 13.75 1,28,557 10.66 1,26,662 7.20 1,24,522 3 Years SIP 3,60,000 6.07 3,94,517 9.99 4,17,908 9.75 4,16,440 5 Years SIP 6,00,000 5.56 6,90,240 8.94 7,51,034 8.04 7,34,244 7 Years SIP 8,40,000 6.04 10,40,679 8.80 11,48,185 8.21 11,24,181 10 Years SIP 12,00,000 6.71 16,93,387 8.80 18,89,881 7.88 18,00,228

Since Inception SIP 21,00,000 7.31 41,56,282 8.20 45,38,627 7.00 40,32,499 Inception Date - May 09, 2003

SCHEMES MANAGED BY GURVINDER SINGH WASAN

10

Principal Large Cap Fund(An open ended equity scheme predominantly investing in large cap stocks)

Investment Objective: To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved

Fund Details Portfolio

Note: # Weighted Average TER for the month, includes GST on management fees. Portfolio Turnover Ratio not given as the scheme has not completed one year.Other ratios are not given as scheme has not completed 3 years.



Minimum Investment Amount (`)Lumpsum Special ProductsNew Investor- ` 5,000 SIP- ` 500£

Existing Investor- ` 1,000 STP- ` 1000§

RWP- ` 500§

£12 installments each §6 installments each


AUM: 231.08


Regular Plan: Oct 19, 2020 Direct Plan: Oct 19, 2020

Benchmark: Nifty 100 index - TRI

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before 365 days 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 ofunits would be done on First in First out Ba-sis (FIFO)Nil thereafter. (w.e.f. Oct 19, 2020)

Plans Regular Plan & Direct Plan. Both the Plans offer Growth & Dividend Option.Options The Dividend Option under both the Plans will have the facility of Payout, Reinvestment and Sweep.

Fund Manager DetailsName: Mr. Sudhir Kedia &

Mr. Anirvan Sarkar (for foreign investments)Managing Since: Oct 2020 & Oct 2020

Total Experience: 14 years & 9 years

Expense Ratio# (As on November 30, 2020)Direct Plan - 0.27 %Regular Plan - 2.39 %

`

Industry Allocation (Top 10) (As on Nov 30, 2020) (% of NAV)

Banks 26.33% Consumer Non Durables 10.10% Pharmaceuticals 7.76% Finance 7.00% Software 6.99% Petroleum Products 6.68% Auto 4.09%

Telecom - Services 3.21%

Construction Project 2.96% Auto Ancillaries 2.22%

Market Cap Allocation (As on Nov 30, 2020) (% of NAV)

^^The Name of the Industry is in accordance with Industry Classification for Foreign Securities is as per MSCI GICS

Note: Performance of Principal Large Cap Fund is not given as the scheme has not completed 1 year.

Name Rating /Industry

% of NAV

Banks 26.33HDFC Bank Ltd. 8.21ICICI Bank Ltd. 6.59State Bank of India 3.49Kotak Mahindra Bank Ltd. 3.25Axis Bank Ltd. 3.04IndusInd Bank Ltd. 1.75Consumer Non Durables 9.14Hindustan Unilever Ltd. 2.11ITC Ltd. 1.68United Breweries Ltd. 1.60Tata Consumer Products Ltd. 1.56Nestle India Ltd. 1.42Godrej Consumer Products Ltd. 0.77Petroleum Products 6.68Reliance Industries Ltd.# 5.88Bharat Petroleum Corporation Ltd. 0.80Finance 6.59SBI Cards & Payment Services Ltd. 1.65Housing Development Finance Corporation Ltd. 1.56

Bajaj Finance Ltd. 1.29Bajaj Finserv Ltd. 1.15SBI Life Insurance Company Ltd. 0.94Pharmaceuticals 6.51Sun Pharmaceutical Industries Ltd. 1.79Divi'sLaboratoriesLtd. 1.58Cipla Ltd. 1.33Dr.Reddy'sLaboratoriesLtd. 1.06Alkem Laboratories Ltd. 0.75Software 6.45Tata Consultancy Services Ltd. 2.82Infosys Ltd. 2.73HCL Technologies Ltd. 0.90Auto 4.09Maruti Suzuki India Ltd. 2.35Mahindra & Mahindra Ltd. 1.74Telecom - Services 3.21Bharti Airtel Ltd. 3.21Construction Project 2.96Larsen & Toubro Ltd. 2.96Auto Ancillaries 1.57Bosch Ltd. 1.57

Name Rating /Industry

% of NAV

Ferrous Metals 1.01Tata Steel Ltd. 1.01Power 0.84NTPC Ltd. 0.84Cement 0.76Ultratech Cement Ltd. 0.76Other Equities* 4.95 Total Equity 81.09 Foreign Securities 12.15

Apple Inc.Technology Hardware and Equipment ^^

1.10

Amazon.Com Inc. Retailing ^^ 1.01

Microsoft Corporation Software & Services ^^ 0.96

Alphabet Inc. Class A Media & Entertainment ^^ 0.88

Facebook Inc. Class A Media & Entertainment ^^ 0.85

Paypal Holdings Inc. Software & Services ^^ 0.85

JPMorgan Chase & Co. Banks ^^ 0.82

Nike Inc. Class B Consumer Durables & Apparel ^^ 0.78

Mastercard Incorporated Class A

Software & Services ^^ 0.76

Home Depot Inc. Retailing ^^ 0.75

Johnson & JohnsonPharmaceuticals Biotechnology & Life Sciences ^^

0.74

Merck & Co. Inc.Pharmaceuticals Biotechnology & Life Sciences ^^

0.74

Nvidia CorporationSemiconductors & Semiconductor Equipment ^^

0.70

Colgate-Palmolive CompanyHousehold & Personal Products ^^

0.64

Thermo Fisher Scientific Inc.Pharmaceuticals Biotechnology & Life Sciences ^^

0.57

Treasury Bills 0.11 91 DAY T-BILL Sovereign 0.11 TREPS / Reverse Repo Investments 6.93

TREPS 6.93 Cash & Cash Equivalents -0.28 Net Assets 100.00

Top 10 Equity Holdings * Holding less than 0.75%# Partly Paid Right

11

Principal Emerging Bluechip Fund(An open ended equity scheme investing in both large cap and midcap stocks.)

Investment Objective: The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of large cap & midcap companies.


Dividend UpdateDate Regular Plan Direct Plan

Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV15-Dec-17 5.92 48.24 N.A. N.A.16-Jun-17 12.10 54.31 N.A. N.A.23-Dec-16 4.50 46.71 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.


Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 3.40% risk free rate of return (1 days - MIBOR Rate As on November 27, 2020). ** 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 (As on November 27, 2020). # Weighted Average TER for the month, includes GST on management fees.


Period Principal Emerging Bluechip Fund

NIFTY Large Midcap 250 Index - TRI


Nifty 50 - TRI(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 16.23 11618.07 13.85 11380.94 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 4.30 11342.67 6.05 11921.52 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 12.74 18203.58 11.88 17522.20 11.74 17415.79Since Inception (12-11-2008 to 27-11-2020) 23.23 123930.00 17.12 67164.74 14.78 52639.60Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period.Please refer page 32 for annexure of returns for all scheme managed by the fund manager.



Asset Under Managment (` Cr) MAAUM: 2,254.39

AUM: 2,324.58 `

Fund Manager DetailsName: Ravi Gopalakrishnan

Managing Since: October 2019Total Experience: 26 years



Industry Allocation (As on November 30, 2020) (% of NAV)

Banks 16.34% Finance 16.17% Software 7.54% Pharmaceuticals 7.46% Chemicals 7.15% Industrial Products 6.74% Consumer Durables 6.50% Consumer Non Durables 5.01% Auto Ancillaries 4.08% Petroleum Products 3.65% Cement 2.79% Construction Project 2.11% Auto 1.87% Retailing 1.84% Healthcare Services 1.84% Transportation 1.41% Pesticides 1.30% Gas 1.21% Textile Products 1.01% Telecom - Services 0.93% Construction 0.85% Power 0.62%

Market Cap Ranges will be determined as per prevailing SEBI/ AMFI guidelines where· Large Cap: 1st -100th company in terms of full market capitalization.· Mid Cap: 101st -250th company in terms of full market capitalization.· Small Cap: 251st company onwards in terms of full market capitalization.

Top 10 Equity Holdings* Holding less than 0.75%

Name % of NAV% to Net

Assets Derivatives

Banks 16.34HDFC Bank Ltd. 6.54ICICI Bank Ltd. 4.19Axis Bank Ltd. 2.09Kotak Mahindra Bank Ltd. 1.94City Union Bank Ltd. 0.83The Federal Bank Ltd. 0.75Finance 16.17Bajaj Finance Ltd. 2.76Housing Development Finance Corporation Ltd. 2.46Mahindra & Mahindra Financial Services Ltd. 1.90

Bajaj Finserv Ltd. 1.84Max Financial Services Ltd. 1.71L&T Finance Holdings Ltd. 1.45Cholamandalam Investment & Finance Co. Ltd. 1.27

SBI Cards & Payment Services Ltd. 1.10Computer Age Management Services Ltd. 0.87

SBI Life Insurance Company Ltd. 0.81Software 7.54Infosys Ltd. 3.68Tata Consultancy Services Ltd. 1.86Mphasis Ltd. 1.03HCL Technologies Ltd. 0.97Pharmaceuticals 7.46Divi'sLaboratoriesLtd. 3.06IPCA Laboratories Ltd. 1.62Natco Pharma Ltd. 1.50Torrent Pharmaceuticals Ltd. 1.28Chemicals 7.15Navin Fluorine International Ltd. 2.50Atul Ltd. 1.78Fine Organic Industries Ltd. 1.56Rossari Biotech Ltd. 1.31Industrial Products 6.71AIA Engineering Ltd. 2.19Astral Poly Technik Ltd. 1.39SRF Ltd. 1.08Mold-Tek Packaging Ltd. 1.08SKF India Ltd. 0.97Consumer Durables 6.50Dixon Technologies (India) Ltd. 3.85Voltas Ltd. 1.42Relaxo Footwears Ltd. 1.23


Assets Derivatives

Consumer Non Durables 4.32Varun Beverages Ltd. 1.94Jubilant Foodworks Ltd. 1.32Tata Consumer Products Ltd. 1.06Petroleum Products 3.65Reliance Industries Ltd. 3.65Auto Ancillaries 3.54Balkrishna Industries Ltd. 1.46Exide Industries Ltd. 1.27Sundram Fasteners Ltd. 0.81Cement 2.79Shree Cement Ltd. 1.54Ultratech Cement Ltd. 1.25Construction Project 2.11Larsen & Toubro Ltd. 2.11Healthcare Services 1.84Dr. Lal Path labs Ltd. 1.84Transportation 1.41TCI Express Ltd. 1.41Auto 1.39Maruti Suzuki India Ltd. 1.39Retailing 1.32Avenue Supermarts Ltd. 1.32Pesticides 1.30PI Industries Ltd. 1.30Gas 1.21Gujarat State Petronet Ltd. 1.21Textile Products 1.01Page Industries Ltd. 1.01Telecom - Services 0.93Bharti Airtel Ltd. 0.93Construction 0.85Kajaria Ceramics Ltd. 0.85Other Equities* 2.88 Total Equity 98.42 DERIVATIVESFutures - National Stock Exchange of India Ltd.

Index -1.40

Treasury Bills 0.03 91 DAY T-BILL Sovereign 0.03 TREPS / Reverse Repo Investments 1.27 TREPS 1.27 Cash & Cash Equivalents 0.28Net Assets 100.00

Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 23.18%Beta^ : 0.96Sharpe Ratio^ (Annualised) : 0.15 Portfolio Turnover Ratio**: 0.53

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Half Yearly Dividend Option.Half Yearly Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep.


Regular Plan: November 12, 2008Direct Plan: January 1, 2013

Benchmark: NIFTY Large Midcap 250 Index - TRI

(w.e.f. May 30, 2018)

Minimum Investment Amount (`)Lumpsum Special ProductsNew Investor- ` 300 SIP- ` 100£

Existing Investor- ` 300 STP- ` 1,000 RWP- ` 500 £12 installments each

Load StructureEntry Load: NILExit Load:If redeemed/ switched on or before 365 days 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. (w.e.f. March 31, 2020)

12

Principal Multi Cap Growth Fund(An open ended equity scheme investing across large cap, mid cap, small cap stocks)

Investment Objective: To achieve long – term capital appreciation.


Name % of NAV

% to Net Assets

Derivatives

Banks 21.16HDFC Bank Ltd. 9.10ICICI Bank Ltd. 4.83Kotak Mahindra Bank Ltd. 3.45

Axis Bank Ltd. 2.25

State Bank of India 1.53

Finance 14.70Housing Development Finance Corporation Ltd. 3.97

Bajaj Finance Ltd. 3.19

Max Financial Services Ltd. 1.58

Can Fin Homes Ltd. 1.55

SBI Life Insurance Company Ltd. 1.43

SBI Cards & Payment Services Ltd. 1.09

Bajaj Finserv Ltd. 0.97Computer Age Management Services Ltd. 0.92

Software 11.17Infosys Ltd. 6.44Tata Consultancy Services Ltd. 3.50

Coforge Ltd. 1.23

Petroleum Products 7.00Reliance Industries Ltd. 7.00

Pharmaceuticals 6.52Divi'sLaboratoriesLtd. 2.74

Abbott India Ltd. 1.66

Syngene International Ltd. 1.28

Alkem Laboratories Ltd. 0.84

Consumer Durables 5.63

Dixon Technologies (India) Ltd. 2.23

Orient Electric Ltd. 1.51

Relaxo Footwears Ltd. 1.11

Whirlpool of India Ltd. 0.78

Cement 3.86

JK Cement Ltd. 1.51

Ultratech Cement Ltd. 1.33

Shree Cement Ltd. 1.02

Consumer Non Durables 3.59

Hindustan Unilever Ltd. 1.48

ITC Ltd. 1.20

Dabur India Ltd. 0.91

Name % of NAV

% to Net Assets

Derivatives

Chemicals 3.47

Rossari Biotech Ltd. 1.42

Atul Ltd. 1.11

Aarti Industries Ltd. 0.94

Auto Ancillaries 3.29

CEAT Ltd. 1.19

Motherson Sumi Systems Ltd. 1.11

Balkrishna Industries Ltd. 0.99

Construction Project 3.15Larsen & Toubro Ltd. 3.15

Auto 3.15

Maruti Suzuki India Ltd. 1.91

Mahindra & Mahindra Ltd. 1.24

Industrial Products 3.14

Astral Poly Technik Ltd. 1.23

Timken India Ltd. 1.12

SRF Ltd. 0.79

Pesticides 2.04

PI Industries Ltd. 1.21

Bayer Cropscience Ltd. 0.83

Retailing 1.49

Avenue Supermarts Ltd. 1.49

Telecom - Services 1.49

Bharti Airtel Ltd. 1.49

Transportation 1.37

TCI Express Ltd. 1.37

Fertilisers 0.82

Coromandel International Ltd. 0.82

Other Equities* 2.12

Total Equity 99.16

DERIVATIVESFutures - National Stock Exchange of India Ltd. -1.87

Treasury Bills 0.04

91 DAY T-BILL Sovereign 0.04

TREPS / Reverse Repo Investments 0.83

TREPS 0.83

Cash & Cash Equivalents -0.03

Net Assets 100.00

Dividend Update


15-Dec-17 4.96 41.29 1.71 47.1816-Jun-17 10.83 47.29 8.93 50.4523-Dec-16 2.71 39.06 3.08 41.73Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 3.40% risk free rate of return (1 days - MIBOR Rate As on November 27, 2020). ** 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 (As on November 27, 2020).# Weighted Average TER for the month, includes GST on management fees.






AUM: 678.99


Regular Plan: October 25, 2000Direct Plan: January 1, 2013

Benchmark: Nifty 500 Index - TRI (w.e.f. April 23, 2018)

`

Load StructureEntry Load: NILExit Load:If redeemed/ switched on or be-fore 365 days 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. (w.e.f. March 31, 2020)


Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 21.95%Beta^ : 0.96Sharpe Ratio^ (Annualised) : 0.04 Portfolio Turnover Ratio**: 0.58

Fund Manager DetailsName: Ravi Gopalakrishnan & Siddarth Mohta

(Associate Fund Manager)Managing Since: July 2019 & August 2018





Banks 21.16% Finance 14.72% Software 11.87% Pharmaceuticals 7.14% Petroleum Products 7.00% Consumer Durables 5.63% Cement 3.86% Consumer Non Durables 3.59% Chemicals 3.47% Auto Ancillaries 3.29%


Period Principal Multi Cap Growth Fund

Nifty 500 Index - TRI(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 8.14 10812.06 10.39 11035.90 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 1.76 10537.84 6.65 12127.69 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 10.02 16118.56 11.24 17027.21 11.74 17415.79Since Inception (25-10-2000 to 27-11-2020) 14.61 154980.00 15.21 172153.77 14.23 144986.93Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period.Please refer page 32 for annexure of returns for all scheme managed by the fund manager.



13

Principal Focused Multicap Fund(An open ended equity scheme investing in maximum 30 Multi cap stocks)

Investment Objective: To provide capital appreciation and /or dividend distribution by investing in companies across market capitalization.




Dividend Update


17-Dec-19 1.38 27.36 1.51 28.2417-Jun-19 1.90 27.32 2.31 28.4715-Dec-17 2.11 28.09 1.72 28.46Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.






AUM: 453.45


Regular Plan: November 11, 2005Direct Plan: January 1, 2013

Benchmark: S&P BSE 250 Large Midcap Index - TRI

`

Load StructureEntry Load: NILExit Load: 0.25% for redemptions with-in 7 days from the date of allotment [w.e.f. March 01, 2019]


Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 19.63%Beta^ : 0.87Sharpe Ratio^ (Annualised) : 0.33 Portfolio Turnover Ratio** : 0.78






Banks 19.54% Finance 19.32% Software 10.11% Petroleum Products 7.23% Chemicals 5.36% Industrial Products 5.26% Pharmaceuticals 5.15% Consumer Durables 3.54% Construction Project 3.48% Retailing 3.06%


Period Principal Focused Multicap Fund

S&P BSE 250 Large Midcap - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 12.77 11273.29 10.30 11026.74 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 8.23 12671.06 7.77 12512.74 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 10.95 16808.84 11.75 17420.45 11.74 17415.79Since Inception (11-11-2005 to 27-11-2020) 14.51 76850.00 12.94 62457.19 12.79 61197.50Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period.Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Top 10 Equity Holdings

Name % of NAV

Banks 19.54HDFC Bank Ltd. 8.65ICICI Bank Ltd. 7.44State Bank of India 3.45Finance 19.32Bajaj Finserv Ltd. 6.40Housing Development Finance Corporation Ltd. 5.84Cholamandalam Investment & Finance Co. Ltd. 1.86SBI Cards & Payment Services Ltd. 1.84Max Financial Services Ltd. 1.79Bajaj Finance Ltd. 1.59Software 10.11Infosys Ltd. 7.56HCL Technologies Ltd. 2.55Petroleum Products 7.23Reliance Industries Ltd. 7.23Chemicals 5.36Navin Fluorine International Ltd. 3.78Rossari Biotech Ltd. 1.58Industrial Products 5.26Astral Poly Technik Ltd. 2.68AIA Engineering Ltd. 2.58Pharmaceuticals 5.15IPCA Laboratories Ltd. 2.51Syngene International Ltd. 1.40Alkem Laboratories Ltd. 1.24Consumer Durables 3.54Relaxo Footwears Ltd. 1.78Dixon Technologies (India) Ltd. 1.76Construction Project 3.48Larsen & Toubro Ltd. 3.48Retailing 3.06Avenue Supermarts Ltd. 3.06Cement 2.99Shree Cement Ltd. 2.99Telecom - Services 2.92Bharti Airtel Ltd. 2.92Auto 2.44Mahindra & Mahindra Ltd. 2.44Industrial Capital Goods 1.83Bharat Electronics Ltd. 1.83Ferrous Metals 1.81Tata Steel Ltd. 1.81Consumer Non Durables 1.69Varun Beverages Ltd. 1.69Pesticides 1.03PI Industries Ltd. 1.03Total Equity 96.76Treasury Bills 0.04 91 DAY T-BILL Sovereign 0.04 TREPS / Reverse Repo Investments 3.85 TREPS 3.85 Cash & Cash Equivalents -0.65Net Assets 100.00

14

Principal Small Cap Fund(An open ended equity scheme predominantly investing in small cap stocks)

Investment Objective: To generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


Note: #Weighted Average TER for the month, includes GST on management fees. Other ratios are not given as scheme has not completed 3 years.** 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 (As on November 27, 2020).





RWP- ` 500§



AUM: 238.43


Regular Plan: May 13, 2019 Direct Plan: May 13, 2019

Benchmark: Nifty Small Cap 100 index

`Load StructureEntry Load: NILExit Load:If redeemed/ switched on or before 365 days 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. (w.e.f. March 31, 2020)

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Dividend Option. The Dividend Option under both the Plans will have the facility of Payout and Reinvestment.

Fund Manager DetailsName: Ravi Gopalakrishnan &

Mr. Siddarth MohtaManaging Since: July 2019 & May 2019



`


Chemicals 15.20% Software 12.26% Consumer Durables 10.08% Finance 10.08% Industrial Products 6.39% Cement 5.43% Auto Ancillaries 4.57%

Banks 4.56%

Auto 4.21% Pharmaceuticals 4.17%


Name % of NAV

Chemicals 15.20Navin Fluorine International Ltd. 3.16Alkyl Amines Chemicals Ltd. 3.03Galaxy Surfactants Ltd. 2.37Neogen Chemicals Ltd. 2.31Fine Organic Industries Ltd. 2.07Rossari Biotech Ltd. 1.23Solar Industries India Ltd. 1.03Software 12.26Tata Elxsi Ltd. 2.56Persistent Systems Ltd. 2.35Mastek Ltd. 1.53NIIT Ltd. 1.34Birlasoft Ltd. 1.29Cyient Ltd. 1.11Info Edge (India) Ltd. 1.05KPIT Technologies Ltd. 1.03Consumer Durables 10.08Dixon Technologies (India) Ltd. 2.60Blue Star Ltd. 2.49Orient Electric Ltd. 1.99Amber Enterprises India Ltd. 1.63VIP Industries Ltd. 1.37Finance 10.08Can Fin Homes Ltd. 1.77Bajaj Finance Ltd. 1.57Indian Energy Exchange Ltd. 1.46Multi Commodity Exchange of India Ltd. 1.36Mahindra & Mahindra Financial Services Ltd. 1.01Computer Age Management Services Ltd. 0.99SBI Life Insurance Company Ltd. 0.98Max Financial Services Ltd. 0.94Industrial Products 5.61Timken India Ltd. 2.03Mold-Tek Packaging Ltd. 1.33KEI Industries Ltd. 1.20Astral Poly Technik Ltd. 1.05Cement 5.43JK Cement Ltd. 2.03Birla Corporation Ltd. 1.75JK Lakshmi Cement Ltd. 1.65Auto Ancillaries 4.57CEAT Ltd. 2.21Subros Ltd. 1.60Balkrishna Industries Ltd. 0.76

Name % of NAV

Banks 4.56State Bank of India 1.32HDFC Bank Ltd. 1.21ICICI Bank Ltd. 1.05The Federal Bank Ltd. 0.98Auto 4.21Force Motors Ltd. 1.46Hero MotoCorp Ltd. 1.01Escorts Ltd. 0.88Maruti Suzuki India Ltd. 0.86Pharmaceuticals 4.17Divi'sLaboratoriesLtd. 1.44Syngene International Ltd. 1.37IPCA Laboratories Ltd. 1.36Pesticides 3.88Rallis India Ltd. 1.92Bayer Cropscience Ltd. 1.12PI Industries Ltd. 0.84Transportation 3.27TCI Express Ltd. 1.77Transport Corporation of India Ltd. 1.50Ferrous Metals 2.93Tata Steel BSL Ltd. 1.83Kirloskar Ferrous Industries Ltd. 1.10Construction 2.79Cera Sanitaryware Ltd. 1.56KNR Constructions Ltd. 1.23Fertilisers 1.31Chambal Fertilisers and Chemicals Ltd. 1.31Petroleum Products 0.88Reliance Industries Ltd. 0.88Textiles - Cotton 0.87Vardhman Textiles Ltd. 0.87Construction Project 0.86Ircon International Ltd. 0.86Consumer Non Durables 0.83Jubilant Foodworks Ltd. 0.83Other Equities* 2.66 Total Equity 96.45 Treasury Bills 0.06 91 DAY T-BILL Sovereign 0.06 TREPS / Reverse Repo Investments 5.06 TREPS 5.06 Cash & Cash Equivalents -1.57Net Assets 100.00

Top 10 Equity Holdings * Holding less than 0.75%


Period Principal Small Cap Fund - Regular Plan - Growth

Nifty SmallCap 100 Index



Returns (%) $PTP Returns Returns (%) $PTP

Returns Returns (%) $PTP Returns

1 Year (29-11-2019 to 27-11-2020) 29.30 12921.13 14.29 11424.87 8.74 10871.65Since Inception (13-05-2019 to 27-11-2020) 20.09 13270.00 6.35 10997.95 11.76 11874.89Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growthoption. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded AnnualisedBasis (CAGR). $PTP (Point to Point) returns are based on standard investment of ` 10,000 made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager. 3, 5 years performance of Principal Small Cap Fund is not given as the scheme have not been in existence for 3, 5 years.

Other Details (As on Nov 27, 2020)Portfolio Turnover Ratio** : 0.83

15

Principal Midcap Fund(An open ended equity scheme predominantly investing in mid cap stocks)

Investment Objective: To generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


Note: # Weighted Average TER for the month, includes GST on management fees. Portfolio Turnover Ratio not given as the scheme has not completed one year.Other ratios are not given as scheme has not completed 3 years.





RWP- ` 500§



AUM: 294.92


Regular Plan: Dec 30, 2019 Direct Plan: Dec 30, 2019

Benchmark: NIFTY Midcap 100 Index - TRI

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before 365 days 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. (w.e.f. March 31, 2020)

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Dividend Option. The Dividend Option under both the Plans will have the facility of Payout, Reinvestment and Sweep.

Fund Manager DetailsName: Ravi Gopalakrishnan &

Mr. Sudhir KediaManaging Since: Dec 2019 & Dec 2019



`


Banks 14.36% Finance 10.83% Industrial Products 8.80% Consumer Durables 6.99% Consumer Non Durables 6.64% Pharmaceuticals 6.38% Chemicals 5.67%

Auto 4.67%

Pesticides 4.16% Auto Ancillaries 3.78%


Note: Performance of Principal Midcap Fund is not given as the scheme has not completed 1 year.

Name % of NAV

% to Net Assets

DerivativesBanks 14.36The Federal Bank Ltd. 4.21ICICI Bank Ltd. 3.11State Bank of India 2.67City Union Bank Ltd. 2.12RBL Bank Ltd. 1.13HDFC Bank Ltd. 1.12Finance 10.83Max Financial Services Ltd. 2.62Mahindra & Mahindra Financial Services Ltd. 2.29Cholamandalam Investment & Finance Co. Ltd. 2.23

Can Fin Homes Ltd. 1.88Computer Age Management Services Ltd. 0.97

UTI Asset Management Co Ltd 0.84Industrial Products 7.86AIA Engineering Ltd. 2.26Polycab India Ltd. 2.01Astral Poly Technik Ltd. 1.54SRF Ltd. 1.09KEI Industries Ltd. 0.96Consumer Durables 6.99Whirlpool of India Ltd. 1.85Voltas Ltd. 1.77Amber Enterprises India Ltd. 1.18Relaxo Footwears Ltd. 1.13Bata India Ltd. 1.06Pharmaceuticals 6.38IPCA Laboratories Ltd. 2.65Divi'sLaboratoriesLtd. 1.46Syngene International Ltd. 1.19Natco Pharma Ltd. 1.08Consumer Non Durables 6.16Jubilant Foodworks Ltd. 2.57Tata Consumer Products Ltd. 1.63Varun Beverages Ltd. 1.14Emami Ltd. 0.82Chemicals 5.67Solar Industries India Ltd. 1.78Atul Ltd. 1.50Rossari Biotech Ltd. 1.33Aarti Industries Ltd. 1.06Pesticides 4.16PI Industries Ltd. 2.41Bayer Cropscience Ltd. 1.75Auto 4.14Ashok Leyland Ltd. 2.02

Name % of NAV

% to Net Assets

DerivativesTVS Motor Company Ltd. 1.27Escorts Ltd. 0.85Auto Ancillaries 3.78Subros Ltd. 1.62CEAT Ltd. 1.10Balkrishna Industries Ltd. 1.06Ferrous Metals 2.55Tata Steel BSL Ltd. 2.55Software 2.54MindTree Ltd. 1.45Mphasis Ltd. 1.09Gas 2.22Gujarat Gas Ltd. 1.27Gujarat State Petronet Ltd. 0.95Cement 2.21The Ramco Cements Ltd. 1.25ACC Ltd. 0.96Power 2.20Torrent Power Ltd. 1.43Tata Power Company Ltd. 0.77Telecom - Services 1.87Bharti Airtel Ltd. 1.87Textile Products 1.75Page Industries Ltd. 1.75Industrial Capital Goods 1.68Honeywell Automation India Ltd. 1.68Construction Project 1.29Larsen & Toubro Ltd. 1.29Retailing 1.19Trent Ltd. 1.19Construction 1.03Kajaria Ceramics Ltd. 1.03Petroleum Products 0.95Bharat Petroleum Corporation Ltd. 0.95Other Equities* 5.27 Total Equity 97.08 DERIVATIVESFutuers - National Stock Exchange of India Ltd. -0.26

Treasury Bills 0.03 91 DAY T-BILL Sovereign 0.03 TREPS / Reverse Repo Investments 0.53 TREPS 0.53 Cash & Cash Equivalents 2.36 Net Assets 100.00


16

Principal Dividend Yield Fund(An open ended equity scheme predominantly investing in

dividend yielding stocks)

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


17-Jun-19 0.47 22.68 0.54 30.7917-Dec-18 NA NA 0.12 30.4915-Dec-17 3.50 26.24 NA NA16-Jun-17 5.82 28.38 2.93 29.32Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.





Existing Investor- ` 1,000 STP- ` 1,000 RWP- ` 500 £12 installments each


AUM: 179.81


Regular Plan: October 15, 2004Direct Plan: January 1, 2013

Benchmark: Nifty Dividend Opportunities 50 Index - TRI

`

Load StructureEntry Load: NILExit Load:If redeemed/ switched on or be-fore 365 days 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 (w.e.f. March 31, 2020)








Software 17.42% Consumer Non Durables 15.29% Banks 11.91% Chemicals 9.57% Auto 8.17% Petroleum Products 8.01% Cement 4.49% Industrial Products 4.23% Gas 3.49% Auto Ancillaries 3.20%


Period Principal Dividend Yield Fund

Nifty Dividend Opportunities 50 - TRI(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 12.97 11293.66 7.14 10712.00 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 5.37 11695.69 4.21 11314.41 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 11.80 17464.99 9.85 15994.95 11.74 17415.79Since Inception (15-10-2004 to 27-11-2020) 11.88 61110.00 NA NA 14.48 88514.19Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.



Name % of NAV

Software 17.42Tata Consultancy Services Ltd. 6.96Infosys Ltd. 6.61Tech Mahindra Ltd. 2.30HCL Technologies Ltd. 1.55Consumer Non Durables 15.29Hindustan Unilever Ltd. 4.70ITC Ltd. 4.37Colgate Palmolive (India) Ltd. 2.35VST Industries Ltd. 2.16Bannari Amman Sugars Ltd. 0.86Britannia Industries Ltd. 0.85Banks 11.91ICICI Bank Ltd. 4.45HDFC Bank Ltd. 4.31Kotak Mahindra Bank Ltd. 1.59State Bank of India 1.56Chemicals 9.57Navin Fluorine International Ltd. 4.19Aarti Industries Ltd. 2.31Fine Organic Industries Ltd. 1.88Rossari Biotech Ltd. 1.19Auto 8.17Bajaj Auto Ltd. 3.50Ashok Leyland Ltd. 1.66Maruti Suzuki India Ltd. 1.56Mahindra & Mahindra Ltd. 1.45Petroleum Products 7.79Reliance Industries Ltd. 6.19Hindustan Petroleum Corporation Ltd. 1.60Cement 4.49Ultratech Cement Ltd. 4.49

Name % of NAV

Industrial Products 4.23AIA Engineering Ltd. 2.26SRF Ltd. 1.97Gas 3.49Gujarat Gas Ltd. 3.49Auto Ancillaries 3.20CEAT Ltd. 1.34Exide Industries Ltd. 1.07Balkrishna Industries Ltd. 0.79Ferrous Metals 2.89Tata Steel Ltd. 2.89Telecom - Services 2.31Bharti Airtel Ltd. 2.31Consumer Durables 1.90Sheela Foam Ltd. 1.15Orient Electric Ltd. 0.75Finance 1.46Bajaj Finserv Ltd. 1.46Non - Ferrous Metals 1.42Hindustan Zinc Ltd. 1.42Fertilisers 1.01Coromandel International Ltd. 1.01Construction Project 0.98Larsen & Toubro Ltd. 0.98Other Equities* 1.46 Total Equity 98.99 Treasury Bills 0.03 91 DAY T-BILL Sovereign 0.03 TREPS / Reverse Repo Investments 1.43 TREPS 1.43 Cash & Cash Equivalents -0.45Net Assets 100.00

17

Principal Tax Savings Fund(An open ended equity linked saving scheme with a statutory

lock in of 3 years and tax benefit)

Investment Objective: To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors. The scheme aims at providing returns through capital appreciation.


Name % of NAV

Banks 30.84ICICI Bank Ltd. 9.33HDFC Bank Ltd. 9.09Kotak Mahindra Bank Ltd. 3.55State Bank of India 3.37Axis Bank Ltd. 3.06

The Federal Bank Ltd. 1.31

IndusInd Bank Ltd. 1.13



ITC Ltd. 2.09

United Spirits Ltd. 1.95

Nestle India Ltd. 1.72

Tata Consumer Products Ltd. 1.00

Petroleum Products 8.54Reliance Industries Ltd.# 5.78

Hindustan Petroleum Corporation Ltd. 1.83

Bharat Petroleum Corporation Ltd. 0.93

Pharmaceuticals 8.45

Divi'sLaboratoriesLtd. 2.58

Sun Pharmaceutical Industries Ltd. 2.06

Cipla Ltd. 1.66

IPCA Laboratories Ltd. 1.19

Cadila Healthcare Ltd. 0.96



Finance 3.50

Housing Development Finance Corporation Ltd. 2.08


Name % of NAV

Auto 3.04



Telecom - Services 2.96Bharti Airtel Ltd. 2.96


Polycab India Ltd. 0.99


AIA Engineering Ltd. 0.81

Power 2.29

Torrent Power Ltd. 1.25

NTPC Ltd. 1.04



Blue Star Ltd. 0.78

Ferrous Metals 1.53

Tata Steel BSL Ltd. 1.53

Chemicals 1.27


Textile Products 1.03

Page Industries Ltd. 1.03


Bosch Ltd. 0.99

Cement 0.75



Total Equity 99.12

Treasury Bills 0.03



TREPS 0.34

Cash & Cash Equivalents 0.51

Net Assets 100.00

Dividend Update


31-Mar-08 8.00 90.12 NA NA15-Jan-07 5.00 83.66 NA NAPast 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.




Minimum Investment Amount (`)Lumpsum Special ProductsNew Investor- ` 500 SIP- ` 500Existing Investor- ` 500 STP- ` 500 (Available after lock-in period) RWP- ` 500 (Available after lock-in period) 6 installments each


AUM: 453.23


Regular Plan: March 31, 1996Direct Plan: January 1, 2013

Benchmark: Nifty 500 Index - TRI

`

Load StructureEntry Load: NILExit Load: NIL

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Half Yearly Dividend Option.(W.e.f. September 11, 2017)


Fund Manager DetailsName: Sudhir Kedia





Banks 30.84% Software 9.66% Consumer Non Durables 9.03% Pharmaceuticals 8.96% Petroleum Products 8.54% Finance 5.20% Auto 3.74% Construction Project 3.57% Telecom - Services 2.96% Industrial Products 2.64%


Period Principal Tax Savings Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 10.76 11073.02 10.39 11035.90 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 1.94 10593.18 6.65 12127.69 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 10.09 16164.96 11.24 17027.21 11.74 17415.79Since Inception (31-03-1996 to 27-11-2020) 15.44 345898.42 13.23 214761.68 12.34 176465.16Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period.Please refer page 32 for annexure of returns for all scheme managed by the fund manager.*As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 500 Index PRI values from date 31-03-1996 to 26-11-1998 and TRI values since 26-11-1998.**As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of Nifty 50 Index PRI values from date 31-03-1996 to 30-06-1999 and TRI values since 30-06-1999.


Top 10 Equity Holdings* Holding less than 0.75%# Partly Paid Right shares

18

Principal Personal Tax Saver Fund^(An open ended equity linked saving scheme)

Investment Objective: To provide long term growth of capital. The Investment Manager will aim to achieve a return on assets in excess of the performance of S&P BSE 100 INDEX


Name % of NAVBanks 31.03ICICI Bank Ltd. 9.34HDFC Bank Ltd. 9.22Kotak Mahindra Bank Ltd. 3.62State Bank of India 3.53Axis Bank Ltd. 3.15


IndusInd Bank Ltd. 0.87



ITC Ltd. 2.14

United Spirits Ltd. 1.99

Nestle India Ltd. 1.73

Tata Consumer Products Ltd. 1.02

Petroleum Products 8.68Reliance Industries Ltd.# 5.87

Hindustan Petroleum Corporation Ltd. 1.89

Bharat Petroleum Corporation Ltd. 0.92

Pharmaceuticals 8.32

Divi'sLaboratoriesLtd. 2.47


Cipla Ltd. 1.67


Cadila Healthcare Ltd. 0.86





Dividend Update


25-Mar-08 40.00 124.66 NA NA26-Feb-08 20.00 172.57 NA NA31-Dec-07 11.00 221.26 NA NAPast 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.^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.With effect from June 10, 2018, fresh allotment of units in Principal Personal Tax saver Fund even in case of SIPs registered prior to close of business hours of March 31, 2017 is suspended.





AUM: 266.84



Benchmark: Nifty 500 Index - TRI

`


Plans Regular Plan & Direct Plan. Options Both the Plan do not have any options at present.


Fund Manager DetailsName: Sudhir Kedia



Regular Plan - 2.54 %


Banks 31.03% Software 9.74% Consumer Non Durables 9.18% Pharmaceuticals 8.87% Petroleum Products 8.68% Finance 5.29% Auto 3.80% Construction Project 3.77% Telecom - Services 3.00% Industrial Products 2.55%


Period Principal Personal Tax Saver Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 10.45 11041.66 10.39 11035.90 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 1.89 10578.08 6.65 12127.69 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 7.24 14179.37 11.24 17027.21 11.74 17415.79Since Inception (31-03-1996 to 27-11-2020) 18.31 633670.96 13.23 214761.68 12.34 176465.16Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period.Please refer page 32 for annexure of returns for all scheme managed by the fund manager.*As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 500 Index PRI values from date 31-03-1996 to 26-11-1998 and TRI values since 26-11-1998.**As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of Nifty 50 Index PRI values from date 31-03-1996 to 30-06-1999 and TRI values since 30-06-1999.

Minimum Investment Amount (`)Lumpsum Special ProductsNew Investor- ` 500 SIP- ` 500Existing Investor- ` 500 STP- ` 500 (Available after lock-in period) RWP- ` 500 (Available after lock-in period) 6 installments each

`

Name % of NAVAuto 3.09



Telecom - Services 3.00Bharti Airtel Ltd. 3.00


Polycab India Ltd. 0.86


AIA Engineering Ltd. 0.83

Power 2.35

Torrent Power Ltd. 1.25

NTPC Ltd. 1.10



Blue Star Ltd. 0.78

Ferrous Metals 1.54


Chemicals 1.29


Textile Products 1.06

Page Industries Ltd. 1.06


Bosch Ltd. 0.87

Cement 0.78



Total Equity 99.54

Treasury Bills 0.03



TREPS 0.10


Net Assets 100.00


Top 10 Equity Holdings* Holding less than 0.75%# Partly Paid Right shares

19

Principal Nifty 100 Equal Weight Fund(An open ended scheme replicating/ tracking Nifty 100 Equal Weight Index)

Investment Objective: To invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index.


Name % of NAVFinance 14.43Bajaj Finserv Ltd. 1.34Bajaj Finance Ltd. 1.27Housing Development Finance Corporation Ltd. 1.18Bajaj Holdings & Investment Ltd. 1.07Power Finance Corporation Ltd. 1.04HDFC Asset Management Company Ltd. 1.03ICICI Lombard General Insurance Company Ltd. 1.01HDFC Life Insurance Company Ltd. 0.99General Insurance Corporation Of India 0.98Muthoot Finance Ltd. 0.94ICICI Prudential Life Insurance Company Ltd. 0.94Piramal Enterprises Ltd. 0.92SBI Life Insurance Company Ltd. 0.88SBI Cards & Payment Services Ltd. 0.84Consumer Non Durables 13.05Berger Paints India Ltd. 1.01Nestle India Ltd. 1.00Colgate Palmolive (India) Ltd. 0.99Asian Paints Ltd. 0.98ITC Ltd. 0.97Procter & Gamble Hygiene and Health Care Ltd. 0.94Hindustan Unilever Ltd. 0.92United Breweries Ltd. 0.92Marico Ltd. 0.91United Spirits Ltd. 0.90Tata Consumer Products Ltd. 0.89Godrej Consumer Products Ltd. 0.88Dabur India Ltd. 0.88Britannia Industries Ltd. 0.86Banks 10.36Kotak Mahindra Bank Ltd. 1.34IndusInd Bank Ltd. 1.26HDFC Bank Ltd. 1.23Axis Bank Ltd. 1.21ICICI Bank Ltd. 1.15State Bank of India 1.13Bandhan Bank Ltd. 1.10Bank of Baroda 1.02Punjab National Bank 0.92Pharmaceuticals 9.48Cadila Healthcare Ltd. 0.97Divi'sLaboratoriesLtd. 0.97Aurobindo Pharma Ltd. 0.94Alkem Laboratories Ltd. 0.87Sun Pharmaceutical Industries Ltd. 0.86Biocon Ltd. 0.85Abbott India Ltd. 0.83Cipla Ltd. 0.83Torrent Pharmaceuticals Ltd. 0.82Dr.Reddy'sLaboratoriesLtd. 0.82Lupin Ltd. 0.72Software 7.91Info Edge (India) Ltd. 1.11Larsen & Toubro Infotech Ltd. 1.06Wipro Ltd. 0.99Infosys Ltd. 0.99Tata Consultancy Services Ltd. 0.98Tech Mahindra Ltd. 0.98HCL Technologies Ltd. 0.91Oracle Financial Services Software Ltd. 0.89Auto 5.86Tata Motors Ltd. 1.08Eicher Motors Ltd. 1.06Mahindra & Mahindra Ltd. 0.99

Dividend Update


24-Dec-08 3.7500 15.7934 NA NAPast 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ̂ The above measures have been calculated by taking rolling returns for a 3 year period with 3.40% risk free rate of return (1 days - MIBOR Rate As on November 27, 2020). ** 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 (As on November 27, 2020).# Weighted Average TER for the month, includes GST on management fees. * Since Benchmark of the Fund change from Nity 50 to Nifty 100 Equal Weight (w.e.f 10-May-2018), Tracking Error is Calculated as below – •Nifty50TRIisconsiderfrom(01-Sep-2016to09-May-2018)&•Nifty100EqualWeightTRIisconsiderfor(10-May-2018to27-Nov-2020)






AUM: 19.55


Regular Plan: July 27, 1999Direct Plan: January 1, 2013

Benchmark: Nifty 100 Equal Weight Index - TRI

`

Load StructureEntry Load: NILExit Load: Nil [w.e.f. March 01, 2019]

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Dividend Option. Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep.

Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 22.73%Beta^ : 1.00Sharpe Ratio^ (Annualised) : 0.09Portfolio Turnover Ratio**: 0.42Tracking Deviation*: 0.69%

Fund Manager DetailsName: Rajat Jain

Managing Since: August 2015Total Experience: 31 years




Finance 14.43% Consumer Non Durables 13.05% Banks 10.36% Pharmaceuticals 9.48% Software 7.91% Auto 5.86% Cement 5.39% Power 4.78% Petroleum Products 3.44% Gas 3.04%


Period Principal Nifty 100 Equal Weight Fund

Nifty 100 Equal Weight - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 5.54 10552.80 8.63 10860.55 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 2.75 10845.34 2.49 10763.50 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 7.04 14050.49 8.83 15262.85 11.74 17415.79Since Inception (27-07-1999 to 27-11-2020) 10.02 76838.60 NA NA 12.87 132637.95Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Name % of NAVBajaj Auto Ltd. 0.94Hero MotoCorp Ltd. 0.90Maruti Suzuki India Ltd. 0.89Cement 5.39Shree Cement Ltd. 1.12Ultratech Cement Ltd. 1.08ACC Ltd. 1.07Grasim Industries Ltd. 1.06Ambuja Cements Ltd. 1.06Power 4.78Adani Green Energy Ltd. 1.54Adani Transmission Ltd. 1.30Power Grid Corporation of India Ltd. 1.00NTPC Ltd. 0.94Petroleum Products 3.44Hindustan Petroleum Corporation Ltd. 0.97Indian Oil Corporation Ltd. 0.94Bharat Petroleum Corporation Ltd. 0.80Reliance Industries Ltd. 0.73Gas 3.04Indraprastha Gas Ltd. 1.06GAIL (India) Ltd. 1.00Petronet LNG Ltd. 0.98Transportation 3.00Interglobe Aviation Ltd. 1.04Adani Ports and Special Economic Zone Ltd. 1.03Container Corporation of India Ltd. 0.93Ferrous Metals 2.40Tata Steel Ltd. 1.31JSW Steel Ltd. 1.09Consumer Durables 2.12Havells India Ltd. 1.07Titan Company Ltd. 1.05Non - Ferrous Metals 2.09Hindalco Industries Ltd. 1.13Hindustan Zinc Ltd. 0.96Auto Ancillaries 1.95Motherson Sumi Systems Ltd. 1.08Bosch Ltd. 0.87Minerals/Mining 1.88NMDC Ltd. 0.99Coal India Ltd. 0.89Construction Project 1.12Larsen & Toubro Ltd. 1.12Industrial Capital Goods 1.08Siemens Ltd. 1.08Construction 1.04DLF Ltd. 1.04Telecom - Equipment & Accessories 0.98Bharti Infratel Ltd. 0.98Retailing 0.96Avenue Supermarts Ltd. 0.96Oil 0.95Oil & Natural Gas Corporation Ltd. 0.95Chemicals 0.93Pidilite Industries Ltd. 0.93Telecom - Services 0.82Bharti Airtel Ltd. 0.82Pesticides 0.69UPL Ltd. 0.69Total Equity 99.75Treasury Bills 0.05 91 DAY T-BILL Sovereign 0.05 TREPS / Reverse Repo Investments 0.32 TREPS 0.32 Cash & Cash Equivalents -0.12Net Assets 100.00



20

Principal Hybrid Equity Fund£

(An open ended hybrid scheme investing predominantly in equity and equity related instruments)(Erstwhile Principal Balanced Fund)



Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV17-Nov-20 0.1704 23.3000 NA NA16-Oct-20 0.1665 21.8400 NA NA17-Sep-20 0.1630 21.8000 NA NA17-Aug-20 0.1641 21.5300 NA NAPast 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.The scheme features of Principal Balanced Fund has changed w.e.f June 11, 2018£ Pursuant to proposed merger of Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) into Principal Hybrid Equity Fund, the exit option is available to the unitholders of these Schemes from November 25, 2020 to December 24, 2020 upto 3.00 PM. No fresh subscriptions, including switch-ins and registration for systematic transaction i.e. Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Regular Withdrawal Plan (RWP) etc. is being accepted in the Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) with effect from November 25, 2020.


Period Principal Hybrid Equity Fund

CRISIL Hybrid 35+65 - Aggressive Index*





1 Year (29-11-2019 to 27-11-2020) 9.58 10955.22 12.70 11266.01 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 3.98 11241.18 9.21 13018.35 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 10.54 16502.44 11.40 17154.66 11.74 17415.79Since Inception (14-01-2000 to 27-11-2020) 10.75 84410.00 NA NA 12.01 106881.71Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.* The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200




Asset Under Managment (` Cr) MAAUM: 1,075.07

AUM: 1,083.77


Regular Plan: January 14, 2000Direct Plan: January 1, 2013

Benchmark: CRISIL Hybrid 35+65 - Aggressive Index

`Load StructureEntry Load: NILExit 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% onredemption in excess of 24% of the limit stated above- Redemption of units would be done on First in First out Basis (FIFO) Nil thereafter

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Monthly Dividend Option. Monthly Dividend Option under both the Plan offers facility of Payout, Reinvestment and Sweep.

Month End Quants of the Debt Portfolio (As on November 30, 2020)Average Maturity: 3.04 yearsModified Duration: 2.51 yearsGross Yield to Maturity: 4.47%

Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 15.58%Beta^ : 1.06Sharpe Ratio^ (Annualised) : 0.11 Portfolio Turnover Ratio** : 1.40 Equity : 0.41 Debt : 0.97 Derivatives : 0.02


Fund Manager DetailsName: Ravi Gopalakrishnan (For Equity

Portion), Ashish Aggrawal (Associate Fund Manager) & Bekxy Kuriakose (For Debt Portion)Managing Since: July 2019, Oct 2019 & Mar 2016Total Experience: 26 years, 16 years & 20 years


Regular Plan - 2.23 %

`


Investment Objective: The Investment objective of the Scheme is to provide long-term appreciation and current income by investing in a portfolio of equity, equity related securities and fixed income securities.


Banks 19.47% Finance 10.47% Software 10.30% Consumer Non Durables 5.40% Petroleum Products 5.18% Pharmaceuticals 4.52% Cement 2.55% Auto Ancillaries 2.53% Construction Project 2.31% Auto 2.29%

Market Cap Allocation (As on Nov 30, 2020) (% of NAV)Equity & Equity Related Instruments of Large Cap Co. 62.13Equity & Equity Related Instruments of Mid Cap Co. 9.35Equity & Equity Related Instruments of Small Cap Co. 2.58Others 1.55Debt 18.28Cash & Other Assets 6.11


Name Rating / Industry

% to Net Assets

% to Net Assets

Deriva-tives

Banks 18.78HDFC Bank Ltd. 7.61ICICI Bank Ltd. 4.83Kotak Mahindra Bank Ltd. 2.60Axis Bank Ltd. 2.07State Bank of India 1.67Finance 10.07Housing Development Finance Corporation Ltd. 3.44

Bajaj Finance Ltd. 1.59Max Financial Services Ltd. 1.14Bajaj Finserv Ltd. 1.13SBI Life Insurance Company Ltd. 1.09SBI Cards & Payment Services Ltd. 0.87Computer Age Management Services Ltd. 0.81Software 9.41Infosys Ltd. 5.08Tata Consultancy Services Ltd. 2.42HCL Technologies Ltd. 1.14Tech Mahindra Ltd. 0.77Petroleum Products 5.18Reliance Industries Ltd. 5.18Pharmaceuticals 4.01Divi'sLaboratoriesLtd. 1.63IPCA Laboratories Ltd. 0.82Sun Pharmaceutical Industries Ltd. 0.81Cipla Ltd. 0.75Consumer Non Durables 3.99Hindustan Unilever Ltd. 2.02ITC Ltd. 1.17Varun Beverages Ltd. 0.80Cement 2.55Ultratech Cement Ltd. 1.65Shree Cement Ltd. 0.90Construction Project 2.31Larsen & Toubro Ltd. 2.31Auto Ancillaries 1.89Motherson Sumi Systems Ltd. 0.99CEAT Ltd. 0.90Auto 1.85Maruti Suzuki India Ltd. 1.04Hero MotoCorp Ltd. 0.81Telecom - Services 1.60Bharti Airtel Ltd. 1.60Consumer Durables 1.28Dixon Technologies (India) Ltd. 1.28


% to Net Assets

% to Net Assets

Deriva-tives

Ferrous Metals 1.24Tata Steel Ltd. 1.24Retailing 0.96Avenue Supermarts Ltd. 0.96Industrial Products 0.95Astral Poly Technik Ltd. 0.95Pesticides 0.76PI Industries Ltd. 0.76Other Equities* 8.78 Total Equity 75.61 DERIVATIVESFutuers - National Stock Exchange of India Ltd. -0.85

BONDS & NCD 8.04 Housing Development Finance Corporation Ltd CRISIL AAA 2.25

The Ramco Cements Ltd [ICRA]AA+ 1.23 REC Ltd CRISIL AAA 1.20 Larsen & Toubro Ltd CRISIL AAA 1.00 National Bank for Agriculture and Rural Development

[ICRA]AAA 0.83

ICICI Bank Ltd [ICRA]AAA 0.49 Ultratech Cement Ltd CRISIL AAA 0.47 LIC Housing Finance Ltd CRISIL AAA 0.38 National Housing Bank CRISIL AAA 0.19 Sovereign 9.83 7.17% Government of India Sovereign 2.49 5.22% Government of India Sovereign 1.67 6.18% Government of India Sovereign 1.40 7.27% Government of India Sovereign 1.31 7.32% Government of India Sovereign 0.90 6.84% Government of India Sovereign 0.63 5.09% Government of India Sovereign 0.47 5.15% Government of India Sovereign 0.37 6.97% Government of India Sovereign 0.30 6.45% Government of India Sovereign 0.29 State Government Securities 0.41 8.25% State Government of Maharashtra Sovereign 0.41


TREPS 5.15 Cash & Cash Equivalents 0.96 Net Assets 100.00

21

Principal Balanced Advantage Fund(Erstwhile Principal SMART Equity Fund)

(An Open-ended dynamic asset allocation fund)

Investment Objective: The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The Scheme will decide on allocation of funds into equity assets based on equity market Price Earnings Ratio (PE Ratio) levels. When the markets become expensive in terms of ‘Price to Earnings’ Ratio; the Scheme will reduce its allocation to equities and move assets into cash future arbitrage/ equity derivatives, debt and/or money market instruments and vice versa.

Portfolio


% to Net Assets

% to Net Assets

Deriva-tives

Banks 16.61 -12.65ICICI Bank Ltd. 5.34 -5.35Axis Bank Ltd. 3.83 -3.46State Bank of India 3.12 -2.76HDFC Bank Ltd. 2.17Kotak Mahindra Bank Ltd. 1.08IndusInd Bank Ltd. 1.07 -1.08Software 9.85 -7.53Infosys Ltd. 4.49 -2.98Tata Consultancy Services Ltd. 3.07 -2.26Tech Mahindra Ltd. 2.29 -2.29Pharmaceuticals 6.34 -5.51Divi'sLaboratoriesLtd. 3.01 -2.17Dr.Reddy'sLaboratoriesLtd. 2.14 -2.15Cipla Ltd. 1.19 -1.19Petroleum Products 5.51 -3.98Reliance Industries Ltd. 4.47 -2.94Hindustan Petroleum Corporation Ltd. 1.04 -1.04Finance 4.26 -2.06Housing Development Finance Corporation Ltd. 2.92 -1.94

Bajaj Finance Ltd. 0.93Max Financial Services Ltd. 0.41 -0.12Auto 3.72 -2.85Tata Motors Ltd. 1.89 -1.90Maruti Suzuki India Ltd. 1.24 -0.67Mahindra & Mahindra Ltd. 0.59 -0.28Cement 2.58 -2.53Grasim Industries Ltd. 1.64 -1.65Ultratech Cement Ltd. 0.65 -0.59ACC Ltd. 0.29 -0.29Telecom - Services 2.53 -1.88Bharti Airtel Ltd. 2.53 -1.88


Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV17-Nov-20 0.0669 13.5300 0.0762 15.410016-Oct-20 0.0662 13.2500 0.0753 15.070017-Sep-20 0.0661 13.3000 0.0750 15.110017-Aug-20 0.0661 13.1900 0.0750 14.9700Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.The scheme features of Principal SMART Equity Fund has changed w.e.f June 4, 2018







AUM: 146.98


Regular Plan: December 16, 2010Direct Plan: January 1, 2013

Benchmark: 50% Nifty 100 - TRI + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index

`Load StructureEntry Load: NILExit Load: 0.25% for redemptions within 7 days from the date of allotment. [w.e.f. March 01, 2019]

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Monthly Dividend Option. Monthly Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep.

Month End Quants of the Debt Portfolio (As on November 30, 2020)Average Maturity: 1.59 yearsModified Duration: 1.36 yearsGross Yield to Maturity: 4.34%Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 7.66%Beta^ : 0.66Sharpe Ratio^ (Annualised) : 0.17 Portfolio Turnover Ratio** : 5.77 Equity : 0.89 Debt : 0.55 Derivatives : 4.34

Fund Manager DetailsName: Ravi Gopalakrishnan (for Equity

Portion) & Bekxy Kuriakose (For Debt Portion)Managing Since: July 2019 & January 2018




Industry Allocation of Equity Instruments (Top 10) (As on November 30, 2020) (% of NAV)

Banks 16.61% Software 10.15% Pharmaceuticals 7.43% Finance 5.82% Petroleum Products 5.51% Auto 3.72% Cement 3.34% Telecom - Services 2.53% Consumer Non Durables 1.94% Consumer Durables 1.93%


Period Principal Balanced Advantage Fund

50% Nifty 100 TRI + 35% CRISIL Short Term Bond Index + 15% Nifty

Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 7.94 10791.89 9.47 10944.14 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 4.48 11403.06 8.58 12793.65 9.63 13168.965 Years (30-11-2015 to 27-11-2020) 6.00 13383.23 9.97 16079.21 11.74 17415.79Since Inception (16-12-2010 to 27-11-2020) 8.41 22350.00 9.33 24296.89 9.49 24650.52Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Fund Details


% to Net Assets

% to Net Assets

Deriva-tives

Consumer Non Durables 1.72 -1.66Hindustan Unilever Ltd. 1.48 -1.45ITC Ltd. 0.24 -0.21Construction Project 1.16 -0.59Larsen & Toubro Ltd. 1.16 -0.59Non - Ferrous Metals 0.86 -0.86Hindalco Industries Ltd. 0.86 -0.86Construction 0.34 -0.34DLF Ltd. 0.34 -0.34Media & Entertainment 0.28 -0.28Zee Entertainment Enterprises Ltd. 0.28 -0.28Other Equities* 10.95 Total Equity 66.71 -42.72BONDS & NCD 2.89 Indian Railway Finance Corporation Ltd CRISIL AAA 1.45

NTPC Ltd CRISIL AAA 0.75 Indian Oil Corporation Ltd CRISIL AAA 0.69 Sovereign 3.51 6.97% Government of India Sovereign 1.46 5.22% Government of India Sovereign 1.37 5.15% Government of India Sovereign 0.68 State Government Securities 0.76

8.25% State Government of Maharashtra Sovereign 0.76

Treasury Bills 0.37 91 DAY T-BILL Sovereign 0.37 TREPS / Reverse Repo Investments / Term Deposits Placed as Margins

11.37

Cash & Cash Equivalents 14.39 Net Assets 100.00

NET EQUITY : 23.99



22

Principal Equity Savings Fund(An open ended scheme investing in equity, arbitrage and debt)



Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAVQuarterly Dividend (Last 3 Quarters)17-Sep-20 0.2966 13.1673 0.3759 16.691717-Dec-19 0.1746 12.7363 0.0535 15.847317-Sep-19 NA NA 0.1549 15.4094Half Yearly Dividend17-Dec-19 0.1600 12.0846 0.2300 11.970717-Jun-19 0.5100 12.3253 0.6700 12.301015-Jun-18 0.1400 12.0293 0.2100 11.9094Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.





AUM: 46.10


Regular Plan: May 23, 2002Direct Plan: January 1, 2013

Benchmark: Nifty Equity Savings Index

`

Load StructureEntry Load: NILExit Load: Nil (w.e.f August 02, 2017)

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Half yearly and Quarterly Dividend Option.

Month End Quants of the Debt Portfolio (As on November 30, 2020)Average Maturity: 353 daysModified Duration: 312 daysGross Yield to Maturity: 4.35%Portfolio Turnover Ratio** : 4.88 Equity : 0.92 Debt : 0.10 Derivatives : 3.86

Note: ** 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 (As on November 27, 2020).# Weighted Average TER for the month, includes GST on management fees.

Fund Manager DetailsName: Sudhir Kedia (For Equity Portion) & Gurvinder Singh Wasan (For Debt Portion)

Managing Since: October 2019 & May 2019 Total Experience: 14 years & 16 years




Investment Objective: To provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.


Banks 17.47% Finance 11.42%

Consumer Non Durables 8.00%

Auto 7.76% Pharmaceuticals 6.85% Petroleum Products 3.68% Software 2.96% Auto Ancillaries 2.49% Consumer Durables 1.98% Telecom - Services 1.72%


Period Principal Equity Savings Fund

Nifty Equity Savings Index


CRISIL 10 Year Gilt Index(Additional Benchmark)



1 Year (29-11-2019 to 27-11-2020) 11.41 11137.55 8.76 10873.16 8.45 10842.973 Years (30-11-2017 to 27-11-2020) 6.17 11965.21 8.32 12704.06 7.89 12554.535 Years (30-11-2015 to 27-11-2020) 7.54 14383.44 8.91 15316.09 8.06 14728.98Since Inception (23-05-2002 to 27-11-2020) 7.93 41109.60 NA NA 6.98 34921.46Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in ) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.


% of NAV

% to Net Assets

Deriva-tives

Banks 17.47 -2.98ICICI Bank Ltd. 6.07 -1.14HDFC Bank Ltd. 4.26IndusInd Bank Ltd. 2.32 -1.20

Kotak Mahindra Bank Ltd. 1.66

State Bank of India 1.62 -0.48


Axis Bank Ltd. 0.69 -0.16

Finance 10.98 -6.19Housing Development Finance Corporation Ltd. 6.49 -6.19UTI Asset Management Co Ltd 3.01


Auto 7.76 -4.74Maruti Suzuki India Ltd. 5.73 -4.74

Ashok Leyland Ltd. 1.24


Consumer Non Durables 7.27 -4.05ITC Ltd. 2.77 -2.70United Spirits Ltd. 2.67 -1.35

VST Industries Ltd. 0.97


Pharmaceuticals 6.85 -0.63Divi'sLaboratoriesLtd. 2.95 -0.63

Cipla Ltd. 1.79



Petroleum Products 3.68 -1.95Reliance Industries Ltd. 3.43 -1.70Hindustan Petroleum Corporation Ltd. 0.25 -0.25

Software 2.39

Tata Consultancy Services Ltd. 1.47

Infosys Ltd. 0.92

Auto Ancillaries 2.03 -0.14

Subros Ltd. 1.14

CEAT Ltd. 0.75

Exide Industries Ltd. 0.14 -0.14


Amber Enterprises India Ltd. 1.98


% of NAV

% to Net Assets

Deriva-tives



Ferrous Metals 1.52


Chemicals 1.48


Construction Project 1.31

Larsen & Toubro Ltd. 1.31

Gas 1.05

Gujarat Gas Ltd. 1.05

Power 0.66 -0.62

Torrent Power Ltd. 0.66 -0.62

Cement 0.46 -0.42

Ultratech Cement Ltd. 0.46 -0.42

Non - Ferrous Metals 0.21 -0.21

Hindalco Industries Ltd. 0.21 -0.21


Total Equity 71.49 -21.93

DERIVATIVESFutures - National Stock Exchange of India Ltd. -4.24

BONDS & NCD 9.12 Housing Development Finance Corporation Ltd CRISIL AAA 2.23

Ultratech Cement Ltd CRISIL AAA 2.22 Indian Railway Finance Corporation Ltd CRISIL AAA 1.20

NTPC Ltd CRISIL AAA 1.19

REC Ltd CRISIL AAA 1.14 National Bank for Agriculture and Rural Development [ICRA]AAA 1.14

Sovereign 1.18

7.27% Government of India Sovereign 1.18

Treasury Bills 0.41

91 DAY T-BILL Sovereign 0.41 TREPS / Reverse Repo Investments / Term Deposits Placed as Margins

16.81


Net Assets 100.00


NET EQUITY : 49.56

Top 10 Equity Holdings*Holding less than 0.75%

23

Principal Arbitrage Fund(An open ended scheme investing in arbitrage opportunities)

Investment Objective: To generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.There is no assurance or guarantee that the investment objective of the Scheme will be realized.


Dividend Update


17-Aug-20 NA NA 0.0478 10.176117-Jun-20 0.0556 10.1211 0.0563 10.245415-May-20 0.0559 10.1695 0.0566 10.2900Past 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 NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ** 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.# Weighted Average TER for the month, includes GST on management fees. *Effective February 01, 2017.






AUM: 8.95


Regular Plan: April 21, 2016Direct Plan: April 21, 2016

Benchmark: Nifty 50 Arbitrage Index

`

Load StructureEntry Load: NILExit Load: 0.50% - If redeemed on or before 30 days from the date of allotment. NIL - If redeemed after 30 days from the date of allotment.

Plans Regular Plan & Direct Plan. Options Both the Plans offer Monthly* Dividend & Growth Option. Monthly* Dividend Option under both the Plan offers facility of Payout, Reinvestment and Sweep.

Other Details (As on November 30, 2020)Portfolio Turnover Ratio** : 9.42 Equity : 1.31 Debt : 0.01 Derivatives : 8.10


Managing Since: April 2016Total Experience: 31 years



Industry Allocation (As on Nov 30, 2020) (% of NAV)

Pharmaceuticals 17.93% Banks 10.09% Telecom - Services 6.70% Construction Project 6.21% Software 5.90% Petroleum Products 5.44% Ferrous Metals 4.22% Auto 3.44% Media & Entertainment 3.23% Cement 2.79%


Period Principal Arbitrage Fund

Nifty 50 Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%) $PTP Returns

Returns (%)

$PTP Returns

1 Year (29-11-2019 to 27-11-2020) 2.19 10217.90 2.36 10235.25 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 1.79 10545.25 4.55 11426.89 9.63 13168.96Since Inception (21-04-2016 to 27-11-2020) 3.05 11484.20 4.79 12404.70 12.81 17421.76Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.5 years performance of Principal Arbitrage Fund is not given as the scheme have not been in existence for 5 years.


% of NAV

% to Net Assets

DerivativesPharmaceuticals 17.93 -18.04Dr.Reddy'sLaboratoriesLtd. 8.09 -8.14Aurobindo Pharma Ltd. 5.04 -5.07Sun Pharmaceutical Industries Ltd. 4.80 -4.83Banks 10.09 -10.16State Bank of India 5.73 -5.77ICICI Bank Ltd. 4.36 -4.39Telecom - Services 6.70 -6.75Bharti Airtel Ltd. 6.70 -6.75Construction Project 6.21 -6.22Larsen & Toubro Ltd. 6.21 -6.22Software 5.90 -5.94Infosys Ltd. 5.90 -5.94Petroleum Products 5.44 -5.48Reliance Industries Ltd. 5.44 -5.48Ferrous Metals 4.22 -4.25JSW Steel Ltd. 4.22 -4.25Auto 3.44 -3.46Tata Motors Ltd. 3.44 -3.46Media & Entertainment 3.23 -3.25Zee Entertainment Enterprises Ltd. 3.23 -3.25Cement 2.79 -2.80Grasim Industries Ltd. 2.79 -2.80Finance 1.51 -1.52Housing Development Finance Corporation Ltd. 1.51 -1.52Construction 1.38 -1.39DLF Ltd. 1.38 -1.39Total Equity 68.84 -69.26Treasury Bills 0.11 91 DAY T-BILL Sovereign 0.11 TREPS / Reverse Repo Investments / Term Deposits Placed as Margins 8.47

Cash & Cash Equivalents 22.58 Net Assets 100.00

24

112

Principal Cash Management Fund

Investment Objective: To provide investors with as high a level of income available from short-term investments as is considered consistent with preservation of capital and maintenance of liquidity, by investing in a portfolio of money market and investment grade debt instruments.


Dividend Update


Monthly Dividend (Last 3 Months)17-Nov-20 2.7321 1025.4565 2.7881 1025.529316-Oct-20 2.6479 1025.3723 2.6968 1025.438017-Sep-20 2.5773 1025.3017 2.6321 1025.3733Past performance may or may not be sustained in the future. * On face value of ` 1,000. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.


Period Principal Cash Management Fund

CRISIL Liquid Fund Index


CRISIL 1 Year T-Bill Index


(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (30-11-2019 to 30-11-2020) 3.94 10395.28 4.80 10481.80 5.93 10594.723 Years (30-11-2017 to 30-11-2020) 2.76 10851.30 6.43 12056.60 6.81 12187.715 Years (30-11-2015 to 30-11-2020) 4.53 12485.22 6.70 13837.98 6.74 13858.98Since Inception (30-08-2004 to 27-11-2020) 6.68 28619.88 7.00 30062.71 6.21 26655.57Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.




* with effect from October 20, 2019.


Asset Under Managment (` Cr)MAAUM: 214.59

AUM: 225.65


Regular Plan: August 30, 2004Direct Plan: January 1, 2013

Benchmark: CRISIL Liquid Fund Index

`

Load StructureEntry Load: NILExit Load*

Plans Regular Plan & Direct Plan. Options Both the Plans offer Dividend & Growth Option. Dividend Frequency - Daily / Weekly / Monthly

Month End Quants of the Debt Portfolio (As on November 30, 2020)Average Maturity: 20 DaysModified Duration: 19 DaysGross Yield to Maturity: 2.84%Macaulay Duration: 19 Days

Fund Manager DetailsName: Ms. Bekxy KuriakoseManaging Since: May 2019Total Experience: 20 years





Treasury Bills 24.23% Sovereign 23.89% BONDS & NCD 10.08% Commercial Paper 5.43% Certificate of Deposits 4.18% Cash and Other Assets 32.19%

Name Rating % of NAV

BONDS & NCD 10.08 LIC Housing Finance Ltd. CARE AAA 4.62 Reliance Industries Ltd CRISIL AAA 4.20 Housing Development Finance Corporation Ltd. CRISIL AAA 1.26 Sovereign 23.89 8.12% Government of India Sovereign 23.89 Commercial Paper 5.43 Export-Import Bank of India CRISIL A1+ 5.43 Certificate of Deposits 4.18 Kotak Mahindra Bank Ltd. CRISIL A1+ 2.09 ICICI Bank Ltd. [ICRA]A1+ 2.09 Treasury Bills 24.23 91 DAY T-BILL Sovereign 13.12 182 DAY T-BILL Sovereign 10.42 91 DAY T-BILL Sovereign 0.69 TREPS / Reverse Repo Investments 30.48 TREPS 30.48 Cash & Cash Equivalents 1.71 Net Assets 100.00

In respect of Liquid Scheme(s) NAV 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).Past performance is no guarantee of future result. (++ for rating methodology please refer page 4.)

(An open ended liquid scheme)Credit

Risk Rating [ICRA] A1+mfs++

Investor exit upon subscription

Exit load as a % of redemption proceeds

Day 1 0.0070%Day 2 0.0065%Day 3 0.0060%Day 4 0.0055%Day 5 0.0050%Day 6 0.0045%

Day 7 onwards 0.0000%

25

Principal Ultra Short Term Fund(An open ended ultra-short term debt scheme investing in instruments such that the

Macaulay duration of the portfolio is between 3 months and 6 months.)[Please refer page no. 23 of SID on which the concept of Macaulay’s Duration has been explained.]

Investment Objective: To generate regular income & capital appreciation through investments in debt securities and money market instruments.

Dividend Update


Monthly Dividend (Last 3 Months)17-Nov-20 2.6445 1061.4737 3.3890 1062.257616-Oct-20 3.3566 1062.1858 4.0320 1062.900617-Sep-20 2.0259 1060.8551 2.7495 1061.6181Past performance may or may not be sustained in the future. * On face value of ` 1,000. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: Effective October 21, 2011 fresh subscriptions/switch-in in any mode (including Systematic Investment Plan [SIP] / Systematic Transfer Plan [STP]) under Daily & Weekly Dividend Option and Payout & Sweep facility to Monthly Dividend Option under the Regular Plan of the Scheme are not available. The same may however be open and available for subscription at a later date.



BONDS & NCD 30.98% Treasury Bills 18.47% Sovereign 12.66% Certificate of Deposits 7.25% Commercial Paper 5.98%

State Government Securities 2.04%

Cash and Other Assets 22.62%

PortfolioData As on November 30, 2020


BONDS & NCD 30.98 LIC Housing Finance Ltd CRISIL AAA 5.12 REC Ltd CRISIL AAA 4.91 Small Industries Development Bank of India CARE AAA 4.83 Indian Railway Finance Corporation Ltd CRISIL AAA 4.51 National Bank for Agriculture and Rural Development CRISIL AAA 3.45 Reliance Industries Ltd CRISIL AAA 3.37 Bajaj Finance Ltd IND AAA 1.71 Ultratech Cement Ltd CRISIL AAA 1.38 Housing Development Finance Corporation Ltd CRISIL AAA 1.35 Power Grid Corporation of India Ltd CRISIL AAA 0.35 Sovereign 12.66 7.80% Government of India Sovereign 6.82 8.12% Government of India Sovereign 5.84 State Government Securities 2.04 8.46% State Government of Maharashtra Sovereign 2.04 Commercial Paper 5.98 Housing Development Finance Corporation Ltd. CRISIL A1+ 3.30 Export-Import Bank of India CRISIL A1+ 2.68 Certificate of Deposits 7.25 Axis Bank Ltd. CRISIL A1+ 3.90 ICICI Bank Ltd. [ICRA]A1+ 3.35 Treasury Bills 18.47 364 DAY T-BILL Sovereign 7.96 182 DAY T-BILL Sovereign 3.36 364 DAY T-BILL Sovereign 3.32 364 DAY T-BILL Sovereign 3.30 91 DAY T-BILL Sovereign 0.53 TREPS / Reverse Repo Investments 19.04 TREPS 19.04 Cash & Cash Equivalents 3.58 Net Assets 100.00


Period Principal Ultra Short Term Fund

Nifty Ultra Short Duration Debt Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (29-11-2019 to 27-11-2020) 4.20 10418.46 5.79 10577.56 5.95 10593.263 Years (30-11-2017 to 27-11-2020) 3.97 11236.59 7.22 12319.90 6.82 12184.425 Years (30-11-2015 to 27-11-2020) 5.27 12924.19 7.34 14244.13 6.74 13855.24Since Inception (28-12-2007 to 27-11-2020) 6.13 21581.56 8.31 28071.90 6.55 22704.86Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Fund Details



AUM: 148.92


Regular Plan: December 28, 2007Direct Plan: January 1, 2013

Benchmark: Nifty Ultra Short Duration Debt Index

`


Plans Regular Plan & Direct Plan. Options Both the Plans offer Dividend & Growth Option. Dividend Frequency - Regular Plan: Daily & Weekly Dividend - Reinvestment Facility Monthly Dividend - Payout, Reinvestment and Sweep facility. Direct Plan: Monthly Dividend - Payout, Reinvestment and Sweep facility.




Expense Ratio# (As on November 30, 2020)Direct Plan - 0.25%

Regular Plan - 1.05%`


26

(An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months)

[Please refer page no. 24 of SID on which the concept of Macaulay’s Duration has been explained.]

Investment Objective: To generate regular income and capital appreciation through investments in debt securities and money market instruments.

Dividend Update


Monthly Dividend (Last 3 Months)16-Apr-19 5.2932 1144.4125 5.6175 1146.691415-Mar-19 7.8697 1146.9890 8.0461 1149.120015-Feb-19 2.6336 1141.7529 2.2227 1143.2966Past performance may or may not be sustained in the future. * On face value of ` 1,000. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.



Fund Details



AUM: 106.36 `

Load StructureEntry Load: NILExit Load: NIL (w.e.f December 26, 2019)

Plans Regular Plan & Direct Plan. Options Both the Plans offer Dividend & Growth Option. Dividend Frequency - Daily / Weekly / Monthly


Regular Plan: September 14, 2004Direct Plan: January 1, 2013

Benchmark: CRISIL Low Duration Debt Index








BONDS & NCD 35.90% Treasury Bills 17.82% Sovereign 16.17% Certificate of Deposits 8.33% Commercial Paper 2.81%

State Government Securities 1.91%

Cash and Other Assets 17.06%

Past performance is no guarantee of future result.


Period Principal Low Duration Fund

CRISIL Low Duration Debt Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (29-11-2019 to 27-11-2020) 5.24 10522.25 7.62 10759.73 5.95 10593.263 Years (30-11-2017 to 27-11-2020) -0.06 9983.23 7.91 12560.31 6.82 12184.425 Years (30-11-2015 to 27-11-2020) 3.14 11668.78 7.97 14670.44 6.74 13855.24Since Inception (14-09-2004 to 27-11-2020) 6.33 27034.80 7.59 32729.41 6.23 26626.51Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.

Portfolio


BONDS & NCD 35.90 REC Ltd CRISIL AAA 5.84 L&T Finance Ltd IND AAA 4.80 Housing Development Finance Corporation Ltd CRISIL AAA 3.87 LIC Housing Finance Ltd CRISIL AAA 3.37 National Housing Bank CRISIL AAA 2.95 Small Industries Development Bank of India CARE AAA 2.90 Indian Oil Corporation Ltd CRISIL AAA 2.87 NTPC Ltd CRISIL AAA 2.58 Indian Railway Finance Corporation Ltd CRISIL AAA 2.42 Bajaj Finance Ltd IND AAA 2.39 The Ramco Cements Ltd [ICRA]AA+ 1.91 Sovereign 16.17 8.12% Government of India Sovereign 6.12 5.09% Government of India Sovereign 4.78 7.80% Government of India Sovereign 4.78 8.79% Government of India Sovereign 0.49 State Government Securities 1.91 8.46% State Government of Maharashtra Sovereign 1.91 Commercial Paper 2.81 Export-Import Bank of India CRISIL A1+ 2.81 Certificate of Deposits 8.33 ICICI Bank Ltd. [ICRA]A1+ 4.69 Axis Bank Ltd. CRISIL A1+ 3.64 Treasury Bills 17.82 364 DAY T-BILL Sovereign 7.43 364 DAY T-BILL Sovereign 4.65 364 DAY T-BILL Sovereign 4.62 91 DAY T-BILL Sovereign 1.12 TREPS / Reverse Repo Investments 12.80 TREPS 12.80 Cash & Cash Equivalents 4.26 Net Assets 100.00

Principal Low Duration Fund

28

Principal Retirement Savings Fund - Progressive Plan£

(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))(Erstwhile Principal Asset Allocation Fund of Funds - Aggressive Plan)

Portfolio

Name % of NAVBanks 18.58HDFC Bank Ltd. 8.10ICICI Bank Ltd. 4.29Kotak Mahindra Bank Ltd. 2.98

Axis Bank Ltd. 1.86






SBI Life Insurance Company Ltd. 1.27

SBI Cards & Payment Services Ltd. 0.95

Bajaj Finserv Ltd. 0.87

Computer Age Management Services Ltd. 0.79


Coforge Ltd. 1.06

Petroleum Products 6.26Reliance Industries Ltd. 6.26




Relaxo Footwears Ltd. 1.16


Pharmaceuticals 5.06Divi's Laboratories Ltd. 2.46


Syngene International Ltd. 1.14

Cement 3.54

JK Cement Ltd. 1.35


Shree Cement Ltd. 0.86



CEAT Ltd. 1.06


Period Principal Retirement Savings Fund -

Progressive Plan

Nifty 200 FullMarketcap Index - TRI





1 Year (29-11-2019 to 27-11-2020) 8.06 10803.58 9.30 10927.14 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 3.34 11032.52 7.48 12411.62 9.63 13168.96Since Inception (14-12-2015 to 27-11-2020) 8.31 14858.60 12.25 17740.39 12.67 18065.11Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growthoption. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded AnnualisedBasis (CAGR). $PTP (Point to Point) returns are based on standard investment of ` 10,000 made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager. 5 years performance of Principal Retirement Savings Fund - Progressive Plan is not given as the scheme have not been in existence for 5 years.£ Pursuant to proposed merger of Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) into Principal Hybrid Equity Fund, the exit option is available to the unitholders of these Schemes from November 25, 2020 to December 24, 2020 upto 3.00 PM. No fresh subscriptions, including switch-ins and registration for systematic transaction i.e. Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Regular Withdrawal Plan (RWP) etc. is being accepted in the Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) with effect from November 25, 2020.


Name % of NAVMotherson Sumi Systems Ltd. 0.98

Chemicals 3.12


Atul Ltd. 1.02

Aarti Industries Ltd. 0.84



Timken India Ltd. 1.09

SRF Ltd. 0.81



ITC Ltd. 1.07

Dabur India Ltd. 0.75

Auto 2.82




Pesticides 1.98

PI Industries Ltd. 1.08

Bayer Cropscience Ltd. 0.90



Retailing 1.32


Transportation 1.24

TCI Express Ltd. 1.24

Fertilisers 0.99



Total Equity 89.05

Treasury Bills 0.39



TREPS 9.72


Net Assets 100.00

Fund Details

Minimum Investment Amount (`)@

Lumpsum Special ProductsNew Investor- ` 5,000 SIP- ` 2,000Existing Investor- ` 1,000 STP- ` 1,000$

RWP- ` 500$

6 installments each


AUM: 2.53


Regular Sub-Plan & Direct Sub-Plan:December 14, 2015

Benchmark: Progressive Plan - Nifty 200 Full Marketcap Index - TRI

`Load StructureEntry Load: NILExit Load: Nil in case of RWP/ Redemption/ Switch out from Principal Retirement Savings Fund after completion of 5 years lock in period, or after attainment of retirement age of 60 years whichever is earlier. Nil in case of Auto transfer facility and switch option across the three plans namely Progressive Plan, Moderate Plan & Conservative Plan during lock – in period. (Note: Age will be computed with reference to years completed on the date of transaction)

Plans Regular Sub-Plan & Direct Sub-Plan.Options Both the Sub-Plans offer GrowthOption.

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 3.40% risk free rate of return (1 days - MIBOR Rate As on November 27, 2020). # Investors may please note that they will be bearing the expenses of this Scheme in addition to the expenses of the underlying Schemes in which this Scheme makes investment. Weighted Average TER for the month, includes GST on management fees.

Expense Ratio# (As on November 30, 2020)Direct Plan - 1.15%Regular Plan - 2.26%

`


Fund Manager DetailsName: Ravi Gopalakrishnan Managing Since: July 2019Total Experience: 26 years


Banks 18.58% Finance 13.04% Software 10.14% Pharmaceuticals 6.35% Petroleum Products 6.26% Consumer Durables 5.55% Cement 3.54% Auto Ancillaries 3.46% Chemicals 3.12% Consumer Non Durables 3.04%

$Available after the completion of lock-in period.@Auto transfer facility and switch option is available across the three plans namely Progressive Plan, Moderate Plan & Conservative Plan during the lock - in period.

Investment Objective: The investment objective of the scheme is to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.However, there can be no assur-ance or guarantee that the investment objective of the Scheme will be achieved

Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 18.95%Beta^ : 0.84Sharpe Ratio^ (Annualised) : 0.09


29

Principal Retirement Savings Fund - Moderate Plan£

(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))(Erstwhile Principal Asset Allocation Fund of Funds - Moderate Plan)

Portfolio


Assets Derivatives

Banks 10.36HDFC Bank Ltd. 4.20ICICI Bank Ltd. 2.44Kotak Mahindra Bank Ltd. 1.91

Axis Bank Ltd. 1.04


Petroleum Products 9.85 -6.65Indian Oil Corporation Ltd. 6.62 -6.65Reliance Industries Ltd. 3.23

Consumer Non Durables 9.12 -8.56ITC Ltd. 9.12 -8.56





Software 4.87Infosys Ltd. 3.25

Tata Consultancy Services Ltd. 1.62

Pharmaceuticals 2.58Divi's Laboratories Ltd. 1.73





Investment Objective: The investment objective of the scheme is to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. However, there can be no assur-ance or guarantee that the investment objective of the Scheme will be achieved


Assets Derivatives


Construction Project 1.45

Larsen & Toubro Ltd. 1.45



Auto 1.16


Fertilisers 1.06




Retailing 0.79


Cement 0.75

JK Cement Ltd. 0.75


Total Equity 67.02

Treasury Bills 1.37



TREPS 18.95


Net Assets 100.00

Fund Details



RWP- ` 500$

6 installments each


AUM: 0.73 `




Benchmark: Moderate Plan - CRISIL Hybrid 35 + 65 - Aggressive Index

Load StructureEntry Load: NILExit Load: Nil in case of RWP/ Redemption/ Switch out from Principal Retirement Savings Fund after completion of 5 years lock in period, or after attainment of retirement age of 60 years whichever is earlier. Nil in case of Auto transfer facility and switch option across the three plans namely Progressive Plan, Moderate Plan & Conservative Plan during lock – in period. (Note: Age will be computed with reference to years completed on the date of transaction)


`





Banks 10.36% Consumer Non Durables 10.21% Petroleum Products 9.85% Finance 7.53% Software 5.46% Pharmaceuticals 3.96% Consumer Durables 3.28% Cement 2.15% Auto Ancillaries 1.98% Chemicals 1.82%


Period Principal Retirement Savings Fund - Moderate

Plan

CRISIL Hybrid 35 + 65 - Aggressive Index*


Nifty 50 TRI(Additional Benchmark)



1 Year (29-11-2019 to 27-11-2020) 7.98 10795.80 12.70 11266.01 8.74 10871.653 Years (30-11-2017 to 27-11-2020) 3.91 11217.59 9.21 13018.35 9.63 13168.96Since Inception (14-12-2015 to 27-11-2020) 6.83 13879.30 12.01 17552.08 12.67 18065.11Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growthoption. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $PTP (Point to Point) returns are based on standard investment of ` 10,000 made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.*The equity component of CRISIL Hybrid 35 + 65 - Aggressive Index is represented by total return variant of S&P BSE 200.5 years performance of Principal Retirement Savings Fund - Moderate Plan is not given as the scheme have not been in existence for 5 years.£ Pursuant to proposed merger of Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) into Principal Hybrid Equity Fund, the exit option is available to the unitholders of these Schemes from November 25, 2020 to December 24, 2020 upto 3.00 PM. No fresh subscriptions, including switch-ins and registration for systematic transaction i.e. Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Regular Withdrawal Plan (RWP) etc. is being accepted in the Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) with effect from November 25, 2020.


Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 9.62%Beta^ : 0.65Sharpe Ratio^ (Annualised) : 0.09


30

Principal Retirement Savings Fund - Conservative Plan£

(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))(Erstwhile Principal Asset Allocation Fund of Funds - Conservative Plan)

Portfolio

Name % of NAV % to Net Assets Deriva-tives

Banks 15.70 -10.97ICICI Bank Ltd. 6.35 -5.20Axis Bank Ltd. 6.28 -5.77HDFC Bank Ltd. 2.22 0.00Kotak Mahindra Bank Ltd. 0.85 0.00Pharmaceuticals 11.71 -11.78Lupin Ltd. 6.02 -6.06Sun Pharmaceutical Industries Ltd. 5.69 -5.72Consumer Non Durables 10.70 -10.07Hindustan Unilever Ltd. 5.45 -5.12ITC Ltd. 5.25 -4.95Ferrous Metals 7.51 -7.56JSW Steel Ltd. 7.51 -7.56Minerals/Mining 3.69 -3.71Coal India Ltd. 3.69 -3.71Software 2.42Infosys Ltd. 1.57Tata Consultancy Services Ltd. 0.85Finance 1.83Housing Development Finance Corporation Ltd. 0.97Bajaj Finance Ltd. 0.86Petroleum Products 1.70Reliance Industries Ltd. 1.70Construction Project 0.77Larsen & Toubro Ltd. 0.77Other Equities* 13.42 Total Equity 69.45 -44.09Treasury Bills 0.79 91 DAY T-BILL Sovereign 0.79 TREPS / Reverse Repo Investments 10.48 TREPS 10.48 Cash & Cash Equivalents 19.28 Net Assets 100.00


Investment Objective: The investment objective of the scheme is to provide capital appreciation and income generation to enable investors save over the long term towards their retirement savings goals, by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.However, there can be no assur-ance or guarantee that the investment objective of the Scheme will be achieved

Fund Details



RWP- ` 500$

6 installments each


AUM: 1.26 `




Benchmark: Conservative Plan - 30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index

Load StructureEntry Load: NILExit Load: Nil in case of RWP/ Redemption/ Switch out from Principal Retirement Savings Fund after completion of 5 years lock in period, or after attainment of retirement age of 60 years whichever is earlier. Nil in case of Auto transfer facility and switch option across the three plans namely Progressive Plan, Moderate Plan & Conservative Plan during lock – in period. (Note: Age will be computed with reference to years completed on the date of transaction)


`





Banks 16.11% Pharmaceuticals 13.60% Consumer Non Durables 10.92% Ferrous Metals 7.51% Finance 3.86% Minerals/Mining 3.69% Software 2.74% Petroleum Products 1.70% Consumer Durables 1.53% Auto Ancillaries 1.05%


Period Principal Retirement Savings Fund -

Conservative Plan

30% Nifty 50 - TRI + 70%CRISIL LiquidFund Index


CRISIL 10 YearGilt Index

(Additional Benchmark)



1 Year (29-11-2019 to 27-11-2020) 4.18 10416.88 7.28 10726.38 8.45 10842.973 Years (30-11-2017 to 27-11-2020) 2.93 10904.33 7.95 12575.30 7.89 12554.53Since Inception (14-12-2015 to 27-11-2020) 5.48 13026.10 8.88 15247.65 8.10 14713.77Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growthoption. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis(CAGR). $PTP (Point to Point) returns are based on standard investment of ` 10,000 made at the beginning of relevant period. Please refer page 32 for annexure of returns for all scheme managed by the fund manager.5 years performance of Principal Retirement Savings Fund - Conservative Plan is not given as the scheme have not been in existence for 5 years.£ Pursuant to proposed merger of Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) into Principal Hybrid Equity Fund, the exit option is available to the unitholders of these Schemes from November 25, 2020 to December 24, 2020 upto 3.00 PM. No fresh subscriptions, including switch-ins and registration for systematic transaction i.e. Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Regular Withdrawal Plan (RWP) etc. is being accepted in the Principal Retirement Savings Fund (including Progressive Plan, Conservative Plan and Moderate Plan ) with effect from November 25, 2020.


Ratios & Other Details (As on November 27, 2020)Standard Deviation^ (Annualised): 5.62%Beta^ : 0.82Sharpe Ratio^ (Annualised) : -0.06


31

Principal Global Opportunities Fund(An open ended fund of fund scheme investing in Principal Global Investors Funds - Origin Global Smaller Companies Fund)

PortfolioData As on November 30, 2020

Investment Objective: Investment Objective: To provide long term capital appreciation by predominantly investing in overseas mutual fund schemes, and a certain portion of its corpus in Money Market Securities and/or units of Money Market / Liquid Schemes of Principal Mutual Fund.

Fund Details



AUM: 21.24



Benchmark: MSCI All Country World Small Cap Index - TRI

`

Load StructureEntry Load: NILExit Load: If redeemed on or before 1 Yearfrom the date of allotment - 1%.

Plans Regular Plan & Direct Plan.Dividend Frequencies Both the Plans offerGrowth & Dividend Option. Dividend Option under both the Plan offers facility of Payout, Reinvestment and Sweep.


`



Managing Since: March 2004Total Experience: 31 years

Note: # Investors may please note that they will be bearing the expenses of this Scheme in addition to the expenses of the underlying Schemes in which this Scheme makes investment. Weighted Average TER for the month, includes GST on management fees.

Name Industry % of NAVMutual Fund Units / Exchange Traded Funds 99.86 PGIF Origin Global Smaller Companies Fund - Usd I Class Accumulation Mutual Fund 99.86 Treasury Bills 0.05 91 DAY T-BILL Sovereign 0.05 TREPS / Reverse Repo Investments 1.72 TREPS 1.72 Cash & Cash Equivalents -1.63Net Assets 100.00

Name % of NAV

PennyMac Financial Services, Inc. 1.61 Deckers Outdoor Corporation 1.56 Virtus Investment Partners, Inc. 1.25 Helen of Troy Limited 1.22 Installed Building Products, Inc. 1.19 Generac Holdings Inc. 1.14 Elecom Co., Ltd. 1.08 King's Town Bank 1.06 BayCurrent Consulting, Inc. 1.05 American Equity Investment Life Holding Company 1.02 Murphy USA, Inc. 1.00 AllianceBernstein Holding L.P. 0.99 UFP Industries, Inc. 0.98 Lifco AB Class B 0.94 Tempur Sealy International Inc 0.94 Lithia Motors, Inc. Class A 0.93 Nolato AB Class B 0.93 Altra Industrial Motion Corp. 0.93 Gurit Holding AG 0.91 HomeServe plc 0.90 SINBON Electronics Co., Ltd. 0.90 Timken Company 0.88 Malibu Boats Inc Class A 0.88 Future plc 0.85 MGIC Investment Corporation 0.84 Radian Group Inc. 0.83 Swissquote Group Holding Ltd. 0.81 LHC Group, Inc. 0.81 Carabao Group Public Company Ltd 0.80 OneMain Holdings, Inc. 0.80 Axon Enterprise Inc 0.80 Gamesys Group PLC 0.79 Kindred Group plc Shs Swedish Depository Receipts 0.78 Sheng Siong Group Ltd. 0.75 EMCOR Group, Inc. 0.75 Nu Skin Enterprises, Inc. Class A 0.75 PJT Partners, Inc. Class A 0.75 IG Group Holdings plc 0.74 Asbury Automotive Group, Inc. 0.74 Chemed Corporation 0.73 Addus HomeCare Corporation 0.73 Prestige Consumer Healthcare Inc 0.72 United Therapeutics Corporation 0.72 Companhia de Locacao das Americas 0.71 Toei Animation Co., Ltd. 0.70 SYNNEX Corporation 0.70 Scandinavian Tobacco Group A/S 0.69 Sleep Number Corporation 0.67 Computacenter Plc 0.66 888 Holdings Plc 0.66 Cerved Group SpA 0.64 Arcadyan Technology Corporation 0.62 Molina Healthcare, Inc. 0.62 SLM Corp 0.61 AutoNation, Inc. 0.61 Corcept Therapeutics Incorporated. 0.59 BYD Electronic (International) Co., Ltd. 0.59 Artisan Partners Asset Management, Inc. Class A 0.58 Science Applications International Corp. 0.58 Louisiana-Pacific Corporation 0.57 Relia, Inc. 0.57 Beach Energy Limited 0.57 Hansol Chemical Co., Ltd 0.56 TriNet Group, Inc. 0.56 Reply S.p.A. 0.56 Compeq Manufacturing Co., Ltd. 0.55 Sunonwealth Electric Machine Industry Co., Ltd. 0.54 SciPlay Corp. Class A 0.54 NMI Holdings, Inc. Class A 0.54 Fu Shou Yuan International Group Ltd. 0.53 TCS Group Holding Plc Sponsored GDR Class A RegS 0.53 Amedisys, Inc. 0.53 PT Sarana Menara Nusantara Tbk 0.53 Envestnet, Inc. 0.53 Chicony Power Technology Co., Ltd. 0.52 Sawai Pharmaceutical Co., Ltd. 0.50 Equitable Group Inc. 0.50 Virtu Financial, Inc. Class A 0.50 TopBuild Corp. 0.50 ManTech International Corporation Class A 0.50 Fox Factory Holding Corp. 0.49 BMC Stock Holdings, Inc. 0.49 Flow Traders NV 0.49 Compania de Transmissao de Energia Eletrica Paulista Pfd 0.48 Aarons Holdings Company, Inc. 0.48 PRA Health Sciences, Inc. 0.48 Toromont Industries Ltd. 0.48 Elite Material Co., Ltd. 0.47 B2Gold Corp. 0.47 Azimut Holding Spa 0.46 ENERJISA ENERJI A.S 0.46 GB Group PLC 0.46 Redrow plc 0.46 Fabrinet 0.45 Canfor Corporation 0.45

Name % of NAV

Diploma PLC 0.45 China Medical System Holdings Ltd. 0.44 Parex Resources Inc. 0.44 Exxaro Resources Limited 0.44 Lonking Holdings Limited 0.44 Novatek Microelectronics Corp. 0.44 LCI Industries 0.44 Stifel Financial Corp. 0.44 Lumentum Holdings, Inc. 0.43 Kumho Petrochemical Co., Ltd. 0.43 Regis Resources Limited 0.43 LGI Homes, Inc. 0.43 Hub Group, Inc. Class A 0.42 Centerra Gold Inc. 0.42 Capcom Co., Ltd. 0.42 ASGN Inc 0.41 Sitronix Technology Corp. 0.41 China Tian Lun Gas Holdings Limited 0.41 Federal Signal Corporation 0.40 Tianneng Power International Limited 0.40 Takeuchi Mfg.Co., Ltd. 0.39 Simplo Technology Co. Ltd. 0.39 T-Gaia Corporation 0.38 SSR Mining Inc 0.38 iA Financial Corporation Inc. 0.37 Norbord Inc. 0.37 Howden Joinery Group PLC 0.37 ECHO Marketing, Inc. 0.37 HelloFresh SE 0.37 Bellway p.l.c. 0.37 Loomis AB 0.36 Pharming Group NV 0.36 Liontrust Asset Management PLC 0.36 J2 Global, Inc. 0.35 Zhen Ding Technology Holding Limited 0.35 METAWATER Co.Ltd. 0.35 Northern Star Resources Ltd 0.35 AMADA Co., Ltd. 0.34 Towa Pharmaceutical Co., Ltd. 0.34 Masonite International Corp. 0.34 Houlihan Lokey, Inc. Class A 0.33 Vistry Group PLC 0.32 Evolution Gaming Group AB 0.32 Gigabyte Technology Co., Ltd. 0.32 Cresco,Ltd. 0.32 Williams-Sonoma, Inc. 0.32 Choice Hotels International, Inc. 0.32 Qurate Retail, Inc. Class A 0.31 Torex Gold Resources Inc. 0.31 AURAS Technology Co., Ltd. 0.31 Winnebago Industries, Inc. 0.31 Jumbo S.A. 0.31 Parade Technologies, Ltd. 0.31 Ferrexpo plc 0.31 Meitec Corporation 0.30 Micro-Star International Co., Ltd. 0.30 Kiwoom Securities Co., Ltd 0.30 Insight Enterprises, Inc. 0.30 Yokogawa Bridge Holdings Corp. 0.30 Chemical Works of Gedeon Richter Plc 0.30 Saracen Mineral Holdings Limited 0.30 Appen Ltd. 0.29 Merry Electronics Co., Ltd. 0.28 Advanced Energy Industries, Inc. 0.28 Compania de Distribucion Integral Logista Holdings S.A. 0.28 CEWE Stiftung & Co. KGaA 0.28 Medpace Holdings, Inc. 0.27 Medifast, Inc. 0.27 Perficient, Inc. 0.27 Dino Polska S.A. 0.27 General Interface Solution (GIS) Holding Ltd. 0.27 TIS Inc. 0.27 Lotes Co., Ltd 0.27 Pacira Biosciences, Inc. 0.26 Altius Minerals Corporation 0.26 Livzon Pharmaceutical Group Inc Class H 0.26 Haseko Corporation 0.26 YDUQS Participacoes SA 0.26 XP Power Ltd. 0.26 CACI International Inc Class A 0.25 West China Cement Ltd. 0.25 Itochu Techno-Solutions Corporation 0.25 International Money Express, Inc. 0.25 KGHM Polska Miedz S.A. 0.25 DIP Corporation 0.24 Ausnutria Dairy Corp. Ltd. 0.24 Taiwan Union Technology Corporation 0.23 Emergent BioSolutions Inc. 0.23 Atkore International Group Inc. 0.23 Centamin plc 0.18 Koshidaka Holdings Co., Ltd. 0.16 Qurate Retail Inc 8 % Cum Red Pfd Registered Shs Series A When Issued 0.14 Cash 1.60 Total 100.00

Principal Global Investor Fund - Origin Global Smaller Companies Fund (Underlying Fund) as on October, 30 2020

Regional Allocation of underlying fund (As on October, 30 2020) (% of NAV)

North America 51.04% Emerging Markets 18.34% Europe Ex Uk 9.18% United Kingdom 8.66% Japan 8.24% Asia Ex Japan 2.93% Cash 1.60%

Industry Allocation of underlying fund (As on October, 30 2020) (% of NAV)

Consumer Discretionary 19.83% Industrials 19.10% Financials 17.33% Information Technology 15.79% Health Care 8.91% Materials 7.21% Consumer Staples 3.78% Communication Services 3.65% Energy 1.45% Utilities 1.35% Cash 1.60%


Period Principal Global Opportunities Fund

MSCI All Country World Small Cap Index - TRI

(Scheme’s Benchmark)Nifty 50 - TRI

(Additional Benchmark)

^Returns (%)

$PTP Returns Returns (%) $PTP Returns Returns (%) $PTP Returns

1 Year (29-11-2019 to 27-11-2020) 13.60 11356.30 17.99 11794.09 8.74 10871.65

3 Years (30-11-2017 to 27-11-2020) 7.94 12569.59 11.47 13844.04 9.63 13168.96

5 Years (30-11-2015 to 27-11-2020) 11.25 17038.08 12.46 17978.86 11.74 17415.79

Since Inception (29-03-2004 to 27-11-2020) 7.89 35458.80 12.68 73170.78 14.20 91550.27

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. ^ Growth OptionPlease refer page 32 for annexure of returns for all scheme managed by the fund manager.

32

Annexure for returns of all the schemes (as on 27th November 2020)

Scheme Name 1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

Since Inception CAGR (%)

Date of Inception

FUNDS MANAGED BY MR. RAVI GOPALAkRISHNAN (TOTAL SCHEMES MANAGED : 9 SCHEMES)Principal Emerging Bluechip Fund 16.23 4.30 12.74 23.23

12-11-2008NIFTY Large Midcap 250 Index - TRI 13.85 6.05 11.88 17.12Principal Focused Multicap Fund 12.77 8.23 10.95 14.51

11-11-2005S&P BSE 250 Large Midcap - TRI 10.30 7.77 11.75 12.94Principal Dividend Yield Fund 12.97 5.37 11.80 11.88

15-10-2004Nifty Dividend Opportunities 50 - TRI 7.14 4.21 9.85 NAPrincipal Multi Cap Growth Fund 8.14 1.76 10.02 14.61

25-10-2000Nifty 500 Index - TRI 10.39 6.65 11.24 15.21Principal Balanced Advantage Fund (Equity Portion) 7.94 4.48 6.00 8.41

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 9.47 8.58 9.97 9.33

Principal Retirement Savings Fund(Conservative Plan) 4.18 2.93 NA 5.48

14-12-201530% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 7.28 7.95 NA 8.88Principal Retirement Savings Fund(Progressive Plan) 8.06 3.34 NA 8.31

14-12-2015Nifty 200 Full Marketcap Index - TRI 9.30 7.48 NA 12.25Principal Retirement Savings Fund(Moderate Plan) 7.98 3.91 NA 6.83

14-12-2015CRISIL Hybrid 35+65 - Aggressive Index** 12.70 9.21 NA 12.01Principal Hybrid Equity Fund (Equity Portion) 9.58 3.98 10.54 10.75

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** 12.70 9.21 11.40 -Principal Small Cap Fund 29.30 NA NA 20.09

13-05-2019Nifty SmallCap 100 Index 14.29 NA NA 6.35

FUNDS MANAGED BY MR. SUDHIR kEDIA (TOTAL SCHEMES MANAGED : 3 SCHEME)Principal Tax Savings Fund 10.76 1.94 10.09 15.44

31-03-1996Nifty 500 Index - TRI$ 10.39 6.65 11.24 13.23Principal Personal Tax Saver Fund 10.45 1.89 7.24 18.31

31-03-1996Nifty 500 Index - TRI$ 10.39 6.65 11.24 13.23Principal Equity Savings Fund (Equity Portion) 11.41 6.17 7.54 7.93

23-05-2002Nifty Equity Savings Index 8.76 8.32 8.91 NA

FUNDS MANAGED BY MR. GURVINDER SINGH WASAN (TOTAL SCHEME MANAGED : 3 SCHEMES)Principal Short Term Debt Fund 10.19 4.64 5.98 7.28

09-05-2003CRISIL Short Term Bond Fund Index 10.37 8.77 8.56 7.49Principal Equity Savings Fund (Debt Portion) 11.41 6.17 7.54 7.93

23-05-2002Nifty Equity Savings Index 8.76 8.32 8.91 NA

FUNDS MANAGED BY MR. RAjAT jAIN (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Nifty 100 Equal Weight Fund 5.54 2.75 7.04 10.02

27-07-1999Nifty 100 Equal Weight - TRI 8.63 2.49 8.83 NAPrincipal Arbitrage Fund 2.19 1.79 NA 3.05

21-04-2016Nifty 50 Arbitrage Index 2.36 4.55 NA 4.79Principal Global Opportunities Fund 13.60 7.94 11.25 7.89

29-03-2004MSCI All Country World Small Cap Index - TRI 17.99 11.47 12.46 12.68

FUNDS MANAGED BY MS. BEkxY kURIAkOSE (TOTAL SCHEMES MANAGED : 6 SCHEMES)Principal Hybrid Equity Fund (Debt Portion) 9.58 3.98 10.54 10.75

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** 12.70 9.21 11.40 NAPrincipal Balanced Advantage Fund (Debt Portion) 7.94 4.48 6.00 8.41

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 9.47 8.58 9.97 9.33

Principal Cash Management Fund{As on November 30, 2020}

3.94 2.76 4.53 6.6830-08-2004

CRISIL Liquid Fund Index 4.80 6.43 6.70 7.00Principal Low Duration Fund 5.24 -0.06 3.14 6.33

14-09-2004CRISIL Low Duration Debt Index 7.62 7.91 7.97 7.59Principal Ultra Short Term Fund 4.20 3.97 5.27 6.13

28-12-2007Nifty Ultra Short Duration Debt Index 5.79 7.22 7.34 8.31

FUNDS MANAGED BY MR. SIDDARTH MOHTA (TOTAL SCHEME MANAGED : 1 SCHEME)Principal Multi Cap Growth Fund 8.14 1.76 10.02 14.61

25-10-2000Nifty 500 Index - TRI 10.39 6.65 11.24 15.21Principal Small Cap Fund 29.30 NA NA 20.09

13-05-2019Nifty SmallCap 100 Index 14.29 NA NA 6.35

FUNDS MANAGED BY MR. ASHISH AGGARWAL (TOTAL SCHEME MANAGED : 1 SCHEME)Principal Hybrid Equity Fund (Equity Portion) 9.58 3.98 10.54 10.75

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** 12.70 9.21 11.40 NAPrincipal Arbitrage Fund was launched on 21st Apr 2016 and is yet to complete 5 years of performance.Principal Retirement Savings Fund (Conservative Plan, Progressive Plan & Moderate Plan) was launched on 14th Dec 2015 and is yet to complete 5 years of performance. Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.Mr. Ravi Gopalakrishnan manages Principal Emerging Bluechip Fund, Principal Focused Multicap Fund, and Principal Dividend Yield Fund (w.e.f. October 2019).Mr. Ravi Gopalakrishnan manages Principal Multi Cap Growth Fund, Principal Balanced Advantage Fund - Equity Portion, and Principal Retirement Savings Fund (Conservative Plan-Progressive Plan-Moderate Plan) & Principal Small Cap Fund (w.e.f. July 2019)Mr. Sudhir Kedia manages Principal Tax Savings Fund, Principal Personal Tax Saver Fund and Principal Equity Savings Fund - Equity Portion (w.e.f. October 2019)Mr. Ravi Gopalakrishnan manage Principal Hybrid Equity Fund - Equity Portion, Mr. Bekxy Kuriakose - Debt Portion and Mr. Ashish Aggrawal - Associate Fund Manager (w.e.f. October 2019)Mr. Siddarth Mohta has been appointed as a Associate Fund Manager of Principal Multi Cap Growth Fund (w.e.f. August 2018) & Principal Small Cap Fund (w.e.f. May 2019)Ms. Bekxy Kuriakose manages Principal Cash Management Fund, Principal Low Duration Fund & Principal Ultra Short Term Fund (w.e.f. May 2019)Mr. Ravi Gopalakrishnan & Mr. Sudhir Kedia manages Principal Midcap Fund (w.e.f. December 2019)Mr. Sudhir Kedia & Mr. Anirvan Sarkar ( for foreign investments) manages Principal Large Cap Fund (w.e.f. October 2020)Mr. Gurvinder Singh Wasan manages Principal Short Term Debt Fund (w.e.f. April 2011), Principal Equity Savings Fund - Debt Portion (w.e.f. May, 2019) Mr. Rajat Jain manages Principal Nifty 100 Equal Weight Fund (w.e.f. August 2015), Principal Arbitrage Fund (w.e.f. April 2016) and Principal Global Opportunities Fund (w.e.f. March 2004) Ms. Bekxy Kuriakose manages Principal Hybrid Equity Fund- Debt Portion (w.e.f. Mar 2016), Principal Balanced Advantage Fund -Debt Portion (w.e.f. January 01, 2018)** The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200.$As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 500 Index PRI values from date 31-03-1996 to 26-11-1998 and TRI values since 26-11-1998.Note: Performance of Principal Midcap Fund & Principal Large Cap Fund is not given as the scheme has not completed 1 year.

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Official Point of Acceptance (OPA) / Investor Service Centres (ISC)

Principal Asset Management Private Limited - OPA & ISC:

• Mumbai: Exchange Plaza, ‘B’ wing, Ground Floor, NSE Building, Bandra Kurla Complex, Bandra (East), Mumbai-400 051

• New Delhi: A-121, 12th Floor, Himalaya House, 23 K. G. Marg, New Delhi-110 001.

• Ahmedabad: 301, 3rd Floor, Amarnath Business Centre-2, St. Xaviers College Corner, Off. C. G. Road, Navrangpura, Ahmedabad - 380 009.

• Bengaluru: 410, 4th Floor, Prestige Meridian -1, No. 29, M. G. Road, Bengaluru - 560 001.

• Chandigarh: SCO NO 2471-72, 2ND Floor, Sector 22C, Chandigarh, Pincode - 160 022.

• Jaipur: Office No. 445, 4th Floor, Ganpati Plaza, M. I. Road, Jaipur-302 005

• Pune: Office No.2, 2nd Floor, Aditya Centeegra, Ferguson College Road, Dnyaneshwar Paduka Chowk, Shivajinagar, Pune - 411 004.

• Chennai: “Amara Sri”, Old No. 313, New No. 455, Block No. 75, 7th Floor, Anna Salai, Teynampet, Chennai-600 018

• Hyderabad: Regus Solitaire Business Centre Pvt Ltd. Level 4, Gumidelli Towers, Old Airport Road, Begumpet, Hyderabad - 500 016.

• Kolkata: The Legacy, 1st Floor, 25-A, Shakespeare Sarani, Kolkata-700 016

• Lucknow: 406, 4th Floor, Regus Business Centre, Halwasiya Court, Hazratganj, Lucknow-226 001.

Name, Address and Website of Registrar:

KFin Technologies Private Limited (Unit: Principal Mutual Fund),

Karvy Selenium Tower B, Plot number 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal | Hyderabad – 500032. Telangana, India • www.kfintech.com

For any enquiries and / or queries, investors are advised to address a suitable communication to AMC at:

Points of Service (“POS”) of MF UTILITIES INDIA PRIVATE LIMITED (“MFUI”) as Official Point of Acceptance:

The Online Transaction Portal of MF Utility is www.mfuonline.com and the list of POS of MFUI is published on the website of MFUI at www.mfuindia.com, as updated from time to time.

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