tep - principal mutual fund india › sites › default › files... · 4 how to read factsheet...

1

TEPAUTTRIGGER

Website

1

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

Principal Equity/Hybrid Funds Snapshot 8

Systematic Investment Plan (SIP) Returns 9

Equity Funds

Principal Emerging Bluechip Fund 11

Principal Multi Cap Growth Fund 12

Principal Tax Savings Fund 13

Principal Personal Tax Saver Fund 14

Principal Focused Multicap Fund 15

Principal Dividend Yield Fund 16

Principal Nifty 100 Equal Weight Fund 17

Hybrid Funds

Principal Arbitrage Fund 18

Principal Hybrid Equity Fund 19

Principal Balanced Advantage Fund 20

Principal Equity Savings Fund 21

Fixed Income FundsPrincipal Cash Management Fund 22

Principal Low Duration Fund 23

Principal Short Term Debt Fund 24

Principal Dynamic Bond Fund 25

Principal Credit Risk Fund 26

Principal Corporate Bond Fund 27

Principal Ultra Short Term Fund 28

Solution Oriented Funds

Principal Retirement Savings Fund (Progressive Plan) 29

Principal Retirement Savings Fund (Conservative Plan) 30

Principal Retirement Savings Fund (Moderate Plan) 31

Fund of Funds

Principal Global Opportunities Fund 32

Other Details

Annexure for returns of all the Schemes 33

2

EQUITY & DEBT

MARKET OUTLOOK

Equity Markets Round Up: March 2019

• GlobalequitieshadavolatilemonthasmarketsreboundedfromthelowsatthebeginningofMarch.TheUSFedmeetingdeliveredadovishoutcomevs.expectations.AlargemajorityofTheFederalOpenMarketCommitteeparticipantsnowexpectnoratehikesthisyearascomparedtoamedianprojectionoftwohikesinDecember;the Fed also slowed down the reduction of its Balance Sheet (to USD 15 BN per month from May, and stopping inSeptember).TheUStreasuryyieldsfellinMarch(the10yearbondyieldwasdown32bpsinthemonth).ThefallinglobalbondyieldspushedinvestmentintoEMs.InAsia-Pacex-JapanCYTDinflowsintoequityhavebeenUSD20Billion.

• Afterabadstarttotheyear,IndianequitymarketswerethebestperformingamongtheEmergingMarket(EM)packinMarch.TheMSCIIndia(USD)indexwasup8.6%inthemonth,whileMSCIEM(USD)indexwasup0.7%.ThiswasdrivenbystrongFPIinflows(NetinflowsofaboutRs.34,000croresduringthemonth),de-escalationingeopolitical tensions between India and Pakistan and also as some opinion polls indicated the possibility of the incumbentgovernmentretainingpower.

• Indomesticflows,Mutualfundsbroketheirstreakofnetinflowsafter31consecutivemonths.MFssoldRs.7626croresinequitieswhileInsurancecompaniesaboutRs.8400croresofequitiesinMarch.

• Inindustrynews,consumerdemandforautomobilesremainedsoftinMarch.Inventoryfortwo-wheelercompaniesparticularlyremainshigh.Anecdotally,evenconsumerstaplescompanieshavementionedofamoderationingrowth.Cementstocksralliedduringthemonthascementpriceswereupinmostgeographies.Cementvolumegrowthhasbeenabout7-8%inFY19drivenbyinfrastructurespendsandhousingdemand.

Equity Market Outlook

• Themarketsareexpectedtobevolatileintherunuptotheelectionsandtheresults.Weexpectmarketmomentumto be sustained at least till the elections after there may be short term moves depending on the government formation.ThemacroeconomicsituationforFY20especiallyonthefiscalsideseemstobesomewhatconcerningastaxrevenueswillhavetogrowsubstantiallyinanenvironmentofrelativelymodestgrowth.Weexpectthatthegovernmentmayimplementthee-waybillsandinvoicematchingtoplugleakagesintheGSTsystem.

• Looking beyond short term volatility, earnings growth for theNifty 50 companies are expected to improvesubstantially in FY 20 however, as it is driven largely by corporate facing banks, whose fundamentals are improving. Constructionmaterials and pharmaceuticals are also expected to show decent growth. Earningsgrowthinconsumerstaplesisexpectedbesteady.

Data Item Growth

1 Month 1 yearMSCI EM Index (USD) 0.68 -9.51MSCI EM Index Local 1.21 -4.15Indian Rupee 1.05 1.98Dollar Index (DXY) 7.46 1.24CrudeOil-Brent 2.25 -6.10CRB Index 1.17 8.21Gold 3.57 -2.68CrudeOil-Brent 3.10 -2.58CRB Index -1.59 -2.50Gold -0.41 -3.45Copper -0.62 26.72Iron Ore 6.25 -5.56Cotton (Cotlook A Index) -1.68 -11.82Data as on 29th March 2019.Source:Bloomberg,Bloomberg,NSDLandSebi websites

Indicators Feb-19 March-19FIInetflows(Rs.Crs) 17,220 33,981MutualFundnetflows(Rs.Crs) 3,003 -7,626Exports (USD Billion) 26.36 26.67Imports (USD Billion) 41.09 36.26CPI 2.05 2.57IIP 2.37 1.70Dataason29thMarch2019.Souce:Bloomberg,NSDLandSebiwebsites

3

Fixed Income Market Update: March 2019• Duringthemonth,wesawyieldsfallacrossmostassetclassesonbackofanticipationofratecutinApril,liquidity

measurestakenbyRBI,FIIinflowsandrupeeappreciation.

• RBIannouncedathreeyearswapauctionforbanksforUSD5bn(Rs35000cr),whereinitwillbuyUSdollarsnowandsellitforward(Mar2022).Thiswouldalsoinjectrupeeliquidityintothebankingsystemofanequivalentamount.Theauctionwasconductedsuccessfullyon26thMarchatmarketdeterminedrate(7.76paisei.e.3.62%annualizedforwardpremium).OffersreceivedwereinexcessofUSD16bntherebyshowingagooddemandforsuchaswap.

• Thetenyeargiltbenchmarkclosedthemonthat7.35%,6bps lowerthanpreviousmonth.ThetenyearAAACorporatebondbenchmarkclosedat8.52%,21bpslowerthanpreviousmonth.ThefiveyearAAAcorporatebondbenchmarkclosedat8.10%,35bpslowerascomparedtopreviousmonth.TenyearSDLspreadscontractedinarangeof70-75bpstothetenyeargiltbenchmark.

• 1yearCDratesclosedlowerat7.48%,25bpslowerthanpreviousmonth.1yrTbillyieldclosed20bpslowerat6.31%.3monthCDratesclosedat6.75%(50bpslower).

• BrentCrudeoilpricesfurtherroseduringthemonthtoUSD67.51perbarrel.INRappreciatedto69.16ascomparedtoRs70.75inpreviousmonth.ForthemonthofMarch,FPIsturnednetbuyersinthedebtmarkettothetuneofRs14408cr.India’sFebtradedeficitwascameinloweratUSD9.6bnascomparedtoUSD14.73bninpreviousmonth.

• InitsMarchmeetingtheUSFOMCdecidedtokeepthefederalfundsrateunchangedat2.25-2.5%andsignaleditsintenttokeepratesunchangedthroughCY2019.MedianprojectionssuggestthattheFedseesonlyoneratehikein2020till2021.PostthistherewassteepfallinUStreasuryyieldsatthelongendwithflatteningoftheyieldcurve.ThetenUStreasuryyieldendedthemontha2.41,31bpslowerthanpreviousmonth.

• FebWPIdatareleasecameat2.93%,tadhigherthanthepreviousreadingof2.76%.CPIforFebcameat2.57%comparedto1.97%inpreviousmonth.

• JanIndustrialproduction(IIP)growthcameat1.7%comparedto2.6%forpreviousmonth.

• ForthemonthbanksborrowedonanaverageRs64825CratvariousRBIliquidityfacilitiesputtogetherreflectinghigherdeficitliquidityconditions.RBIconductedOMOsworthRs25000crintotalduringthemonth.

• FiscaldatareleasedfortheperiodApriltoFebruary2019showsthatat8.51lakhcroresdeficit,itstandsat134.2%ofthefullyeartarget.

• RBIreleasedgovt’sborrowingcalendarfordatedgsecs,tbillsandalsothefirstqtrindicativecalendarforSDLs.ForthefirsthalfofFY20(ApriltoSept2019),govtintendstocomplete62.3%ofthegrossbudgetedborrowingamountofRs7.1lakhcrorethroughdatedgsecs.ForSDLs,grossborrowingsispeggedatRs1.1lakhcroreinQ1(ApriltoJune2019)andforTbillsatRs2.6lakhcroreinQ1.

Outlook:

• WeexpectBankingSystemliquiditydeficitonaccountoftaxandauctionoutflows.AnyliquidityinjectionmeasuresbyRBImayreducethedeficitfurther.

• ShortTermmoneymarketratesareexpectedtoremainbenignonstablemarketconditionsandanticipationoffurtherratecutinApril.

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Broad Indices

Nifty 50 11624 7.70 7.01 6.34 14.93

S&P BSE Sensex 38673 7.82 7.22 6.75 17.30

S&P BSE 100 11809 7.47 5.81 6.00 12.44

S&P BSE 200 4908 7.56 5.46 5.96 10.71

S&P BSE 500 15305 7.80 5.26 5.94 8.35

S&P BSE MID CAP 15480 8.11 0.27 4.85 -3.03

S&P BSE SMALL CAP 15027 9.77 2.18 4.13 -11.57

Performance As on March 29, 2019*

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Sectoral Indices

S&P BSE AUTO 18825 0.10 -9.64 -12.35 -21.75

S&P BSE Bankex 34142 13.70 12.40 21.97 25.53

S&P BSE CD 23857 11.43 15.28 24.68 7.16

S&P BSE CG 18472 8.10 -1.85 7.97 -0.03

S&P BSE FMCG 11742 3.42 -0.74 2.08 14.10

S&P BSE HC 14408 4.70 3.48 -4.11 9.50

S&P BSE METAL 11355 5.47 -4.09 -14.49 -14.76

S&P BSE Oil & Gas 15270 10.63 11.06 2.79 4.48

S&P BSE PSU 7640 13.42 5.58 6.54 -2.81

S&P BSE Teck 7622 0.41 7.86 -1.41 17.02

*Performanceforlessthanoneyearareabsolutereturns.Source-MFIExplorer

4

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.Heisusuallypartofalargerteamoffundmanagersandresearchanalysts.

Application Amount For Fresh Subscription -Thisistheminimuminvestmentamountforanewinvestorinamutualfundscheme.

Minimum Additional Amount -Thisistheminimuminvestmentamountforanexistinginvestorinamutualfundscheme.

Yield To Maturity -TheYieldtoMaturityortheYTMistherateofreturnanticipatedonabondifhelduntilmaturity.YTMisexpressedasanannualrate.TheYTMfactorsinthebond’scurrentmarketprice,parvalue,couponinterestrateandtimetomaturity.

SIP -SIPorsystematicinvestmentplanworksontheprincipleofmakingperiodicinvestmentsofafixedsum.Itworkssimilartoarecurringbankdeposit.Forinstance,aninvestormayoptforanSlPthatinvests` 500 every 15th of the month in an equity fund for a period of three years.

NAV -TheNAVorthenetassetvalueisthetotalassetvalueperunitofthemutualfundafterdeductingallrelatedandpermissibleexpenses.TheNAViscalculatedattheendofeverybusinessday.Itisthevalueatwhichtheinvestorentersorexitsthemutualfund.

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

Entry Load -Amutualfundmayhaveasaleschargeorloadatthetimeofentryand/orexittocompensatethedistributor/agent.Entryloadischargedatthetimeaninvestorpurchasestheunitsofamutualfund.TheentryloadisaddedtotheprevailingNAVatthetimeofinvestment.For instance, if the NAV is `100andtheentryloadis1%,theinvestorwillenterthefundat`101.Note:SEBI,videcirculardatedJune30,2009hasabolishedentryloadandmandatedthattheupfrontcommissiontodistributorswillbepaidbytheinvestordirectlytothedistributor,basedonhisassessmentofvariousfactorsincludingtheservicerenderedbythedistributor.

Exit Load -Exitloadischargedatthetimeaninvestorredeemstheunitsofamutualfund.TheexitloadisdeductedfromtheprevailingNAVatthetimeofredemption.Forinstance,iftheNAVis`100andtheexitloadis1%,theredemptionpricewouldbe`99perunit.

Modified Duration -Modifieddurationisthepricesensitivityandthepercentagechangeinpriceforaunitchangeinyield.

Standard Deviation -Standarddeviationisastatisticalmeasureoftherangeofaninvestment’sperformance.Whenamutualfundhasahighstandarddeviation,itsmeansitsrangeofperformanceiswide,implyinggreatervolatility.

Sharpe Ratio -TheSharpeRatio, namedafter its founder, theNobel LaureateWilliamSharpe, is ameasureof risk-adjusted returns. It iscalculatedusingstandarddeviationandexcessreturntodeterminerewardperunitofrisk.

Beta -Betaisameasureofaninvestment’svolatilityvis-a-visthemarket.Betaoflessthan1meansthatthesecuritywillbelessvolatilethanthemarket.Abetaofgreaterthan1impliesthatthesecurity’spricewillbemorevolatilethanthemarket.

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

Holdings -Theholdingsortheportfolioisamutualfund’slatestorupdatedreportedstatementofinvestments/securities.Theseareusuallydisplayedintermsofpercentagetonetassetsortherupeevalueorboth.Theobjectiveistogiveinvestorsanideaofwheretheirmoneyisbeinginvestedbythefundmanager.

Nature Of Scheme -Theinvestmentobjectiveandunderlyinginvestmentsdeterminethenatureofthemutualfundscheme.Forinstance,amutualfundthataimsatgeneratingcapitalappreciationbyinvestinginstockmarketsisanequityfundorgrowthfund.Likewise,amutualfundthataimsatcapitalpreservationbyinvestingindebtmarketsisadebtfundorincomefund.Eachofthesecategoriesmayhavesub-categories.

Rating Profile -Mutualfundsinvestinsecuritiesafterevaluatingtheircreditworthinessasdisclosedbytheratings.Adepictionofthemutualfundinvariousinvestmentsbasedontheirratingsbecomestheratingprofileofthefund.Typically,thisisafeatureofdebtfunds.

MAAUM - Monthly Average Asset Under Management

++ ICRA hasassignedcredit risk ratingof [ICRA]A1+mfstoPrincipalLowDurationFundandPrincipalCashManagementFund.RatingmethodologyusedbyICRAisbasedonevaluatingtheinherentcreditqualityofthemutualfundsportfolio.Asameasureofthecreditqualityofadebtfund’sassets,ICRAusestheconceptof“creditscores”,basedonICRA’sassessmentofcreditriskassociatedwitheachexposureoftheportfoliotakingintoaccountitsmaturity.Toquantifythecreditriskscores,ICRAusesitsdatabaseofhistoricaldefaultratesforvariousratingcategoriesforvariousmaturitybuckets.ThecreditriskratingsincorporateICRA’sassessmentofadebtfund’spublishedinvestmentobjectivesandpolicies,itsmanagementcharacteristics,andthecreditworthinessofitsinvestmentportfolio.ICRAreviewsrelevantfundinformationonanongoingbasistosupportitspublishedratingopinions.Iftheportfoliocreditscoremeetsthebenchmarkoftheassignedratingduringthereview,theratingisretained.Inaneventthatthebenchmarkcreditscoreisbreached,ICRAgivesamonth’stimetothedebtfundmanagertobringtheportfoliocreditscorewithinthebenchmarkcreditscore.Ifthedebtfundmanagerisabletoreducetheportfoliocreditscorewithinthebenchmarkcreditscore,theratingisretained.Iftheportfoliostillcontinuestobreachthebenchmarkcreditscore,theratingisrevisedtoreflectthechangeincreditquality.Theratingsshould,however,notbeconstruedasanindicationoftheprospectiveperformanceoftheMutualfundschemeorofvolatilityinitsreturns.ICRAratingsshouldnotbetreatedasrecommendationtobuy,sellorholdtherateddebtinstruments.ICRAratingsaresubjecttoaprocessofsurveillancewhichmayleadtoarevisioninratings.Source: ICRA Ltd.++ CARE’sfundcreditqualityratingisnotarecommendationtopurchase,sell,orholdasecurity/fund.Itneithercommentsonthecurrentmarketprice,suitability for a particular investor nor on the prospective performance of the fund with respect to appreciation, volatility of net asset value (NAV), or yield ofthefund.Theratingsdonotaddressthefundsabilitytomeetthepaymentobligationstotheinvestors.TheratingsarebasedoncurrentinformationfurnishedtoCAREbytheissuerorobtainedbyCAREfromsourcesitconsidersreliable.CAREdoesnot,however,guaranteetheaccuracy,adequacyorcompletenessofanyinformationandisnotresponsibleforanyerrorsoromissionsorfortheresultsobtainedfromtheuseofsuchinformation.CAREdoesnotperformanauditinconnectionwithanyratingandmay,onoccasion,relyonunauditedinformation.Theratingsmaybechanged,suspended,orwithdrawnasaresultofchangesin,orunavailabilityof,suchinformation,orbasedonothercircumstances.FundsratedbyCAREhavepaidaratingfee.

DISCLAIMER:Mutual Fund investments are subject to market risks, read all scheme related documents carefully.Thisfactsheetisforinformativepurposeonlyandundernocircumstancesistobeusedorconsideredasaninvestmentadvice.Termsofissue/loadstructure/Schemespecific risk factorsare set forth in theScheme InformationDocument(SID).Copyof the same is availableatall our InvestorServiceCentres.Alternatively,InvestorcandownloadtheSIDfromourwebsite-www.principalindia.comorcancallusat18004255600togetacopyofthesame.

5

Scheme Names This product is suitable for investors who are seeking~ RiskometerPrincipal 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 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 Corporate Bond Fund (An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)

Income over a Medium to long term investment horizon.•Investment in AA+ and above Rated Corporate Bond & other Debt and Money •Market Instruments.

Principal Dynamic Bond Fund (An open ended dynamic debt scheme investing across duration)

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

Principal Credit Risk Fund (An open ended debt scheme predominately investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds))

Income over a Medium to long term investment horizon.•Investment in AA and below Rated Corporate Debt & other Debt and Money •Market Instruments.

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.

~Investorsshouldconsulttheirfinancialadvisersifindoubtaboutwhethertheproductissuitableforthem.

Product Suitability

6

Equity Funds

Principal Emerging Bluechip Fund (`) Principal Multi Cap Growth Fund (`) Principal Tax Savings Fund (`)RegularPlan-Growth 104.15 RegularPlan-Growth 143.25 RegularPlan-Growth 209.61RegularPlan-HalfYearlyDividendOption 40.22 RegularPlan-HalfYearlyDividendOption 35.42 RegularPlan-HalfYearlyDividendOption 209.61DirectPlan-Growth 110.27 DirectPlan-Growth 149.84 DirectPlan-Growth 216.65DirectPlan-HalfYearlyDividendOption 83.96 DirectPlan-HalfYearlyDividendOption 44.88 DirectPlan-HalfYearlyDividendOption 216.65

Principal Nifty 100 Equal Weight Fund (`) Principal Focused Multicap Fund (`) Principal Dividend Yield Fund (`)RegularPlan-Growth 72.6475 RegularPlan-Growth 63.24 RegularPlan-Growth 52.97RegularPlan-Dividend 42.6964 RegularPlan-HalfYearlyDividendOption 26.92 RegularPlan-HalfYearlyDividendOption 22.77DirectPlan-Growth 74.7864 DirectPlan-Growth 66.02 DirectPlan-Growth 54.69DirectPlan-Dividend 43.9513 DirectPlan-HalfYearlyDividendOption 28.02 DirectPlan-HalfYearlyDividendOption 30.87

Principal Personal Tax Saver Fund (`)RegularPlan-Growth 196.47DirectPlan-Growth 203.64

Hybrid Funds

Principal Hybrid Equity Fund (`) Principal Balanced Advantage Fund (`) Principal Equity Savings Fund (`)RegularPlan-Growth 78.00 RegularPlan-Growth 20.78 RegularPlan-Growth 35.7882RegularPlan-MonthlyDividendOption 25.85 RegularPlan-MonthlyDividendOption 14.29 RegularPlan-QuaterlyDividendOption 12.6796DirectPlan-Growth 82.89 DirectPlan-Growth 22.19 RegularPlan-HalfYearlyDividendOption 12.2111DirectPlan-MonthlyDividendOption 30.49 DirectPlan-MonthlyDividendOption 15.90 DirectPlan-Growth 37.8069

DirectPlan-QuaterlyDividendOption 15.3734DirectPlan-HalfYearlyDividendOption 12.1583

Principal Arbitrage Fund (`)RegularPlan-Growth 10.9537RegularPlan-MonthlyDividendOption 10.0890DirectPlan-Growth 11.1560DirectPlan-MonthlyDividendOption 10.2132

Fixed Income Funds

Principal Cash Management Fund^ (`) Principal Low Duration Fund (`) Principal Short Term Debt Fund (`)RegularPlan-Growth 1654.8664 RegularPlan-Growth 2940.2159 RegularPlan-Growth 32.5388RegularPlan-DailyDividendOption 951.8127 RegularPlan-DailyDividendOption 1005.7164 RegularPlan-MonthlyDividendOption 12.8816RegularPlan-WeeklyDividendOption 957.3387 RegularPlan-WeeklyDividendOption 1007.5807 DirectPlan-Growth 34.1010RegularPlan-MonthlyDividendOption 976.8197 RegularPlan-MonthlyDividendOption 1143.9541 DirectPlan-MonthlyDividendOption 12.9168DirectPlan-Growth 1662.9648 DirectPlan-Growth 3049.5900DirectPlan-DailyDividendOption 952.0468 DirectPlan-DailyDividendOption 1007.4134DirectPlan-WeeklyDividendOption 958.2483 DirectPlan-WeeklyDividendOption 1007.5954DirectPlan-MonthlyDividendOption 977.3579 DirectPlan-MonthlyDividendOption 1146.0338

Principal Dynamic Bond Fund (`) Principal Credit Risk Fund (`) Principal Corporate Bond Fund (`)RegularPlan-Growth 31.2147 RegularPlan-Growth 2902.5863 RegularPlan-Growth 31.2908RegularPlan-QuaterlyDividendOption 13.4472 RegularPlan-MonthlyDividendOption 1240.2613 RegularPlan-MonthlyDividendOption 10.3097RegularPlan-AnnuallyDividendOption 11.9682 DirectPlan-Growth 2985.4601 RegularPlan-QuaterlyDividendOption 12.1929DirectPlan-Growth 32.7268 DirectPlan-MonthlyDividendOption 1243.6363 DirectPlan-Growth 33.0429DirectPlan-QuaterlyDividendOption 13.5155 DirectPlan-MonthlyDividend 31.9308DirectPlan-AnnuallyDividendOption 12.3583

Principal Ultra Short Term Fund (`)RegularPlan-Growth 1986.5264RegularPlan-DailyDividendOption 989.1444RegularPlan-WeeklyDividendOption 1003.2088RegularPlan-MonthlyDividendOption 1045.4040DirectPlan-Growth 2029.4255DirectPlan-MonthlyDividendOption 1050.9137

Solution Oriented Funds

Principal Retirement Savings Fund (CP) (`) Principal Retirement Savings Fund (PP) (`) Principal Retirement Savings Fund (MP) (`)RegularSubPlan-Growth 12.4033 RegularSubPlan-Growth 13.7707 RegularSubPlan-Growth 12.7608DirectSubPlan-Growth 12.5891 DirectSubPlan-Growth 14.0328 DirectSubPlan-Growth 13.0274

Fund of Funds

Principal Global Opportunities Fund (`)RegularPlan-Growth 27.4890RegularPlan-Dividend 27.4890DirectPlan-Growth 28.2157DirectPlan-Dividend 28.2157

NAV (Net Asset Value) (As on March 29, 2019)

^NAVason31-Mar-2019

7

Principal Fixed Income Funds Snapshot (As on March 31, 2019)

Feat

ures

Prin

cipa

l Cas

h M

anag

emen

t Fun

dPr

inci

pal L

ow D

urat

ion

Fund

Prin

cipa

l Sho

rt T

erm

Deb

t Fu

ndPr

inci

pal D

ynam

ic B

ond

Fund

Prin

cipa

l Cre

dit R

isk

Fund

Prin

cipa

l Cor

pora

te B

ond

Fund

Prin

cipa

l Ult

ra S

hort

Ter

m

Fund

Cat

egor

yLi

quid

Low

Dur

atio

nSh

ort D

urat

ion

Dyn

amic

Bon

dC

redi

t ris

k fu

ndCo

rpor

ate

Bon

dU

ltra

Sho

rt D

urat

ion

Posi

tioni

ng

Inve

st i

n de

bt a

nd m

oney

m

arke

t se

curit

ies

with

m

atur

ity u

p to

91

days

Inve

st i

n D

ebt

and

Mon

ey

Mar

ket

inst

rum

ents

su

ch

that

Mac

aula

y du

ratio

n of

th

e po

rtfo

lio

is

betw

een

6-12months

Inve

st i

n D

ebt

and

Mon

ey

Mar

ket

inst

rum

ents

su

ch

that

Mac

aula

y du

ratio

n of

th

e po

rtfo

lio

is

betw

een

1-3years

Inve

st a

cros

s du

ratio

nsInvestam

inimum

of65%

into

AA

and

bel

ow r

ated

co

rpor

ate

bond

s (ex

clud

ing

AA

+ co

rpor

ate

bond

s)

Investam

inimum

of80%

into

cor

pora

te b

onds

with

ra

ting

of A

A+

and

abov

e

Inve

st i

n D

ebt

and

Mon

ey

Mar

ket

inst

rum

ents

su

ch

that

Mac

aula

y du

ratio

n of

th

e po

rtfo

lio

is

betw

een

3-6months

Ben

chm

ark

Inde

xC

RIS

IL L

iqui

d Fu

nd In

dex

CR

ISIL

Low

Dur

atio

n D

ebt

Inde

xC

RIS

IL S

hort

Ter

m B

ond

Fund

Inde

xC

RIS

IL C

ompo

site

Bon

d Fu

nd In

dex

NIF

TY C

redi

t Ris

k B

ond

Inde

xC

RIS

IL S

hort

Ter

m B

ond

Fund

Inde

xC

RIS

IL L

iqui

d Fu

nd In

dex

Fu

nd

De

tail

s

Mon

th E

nd A

UM

238.79

242.56

223.22

75.30

79.17

18.19

50.11

Gro

ss Y

TM7.13%

8.48%

8.44%

7.83%

9.07%

8.07%

7.49%

Mod

ifiedDuration

45 D

ays

206

Day

s1.86Yrs

2.70Yrs

1.08Yrs

1.61Yrs

106

Day

s

Aver

age

Mat

urity

48 D

ays

239

Day

s2.40Yrs

3.52Yrs

1.37Yrs

2.08Yrs

114

Day

s

MTM

>60days(%

toNetAssets)

25.59

93.54

87.90

92.23

80.00

82.21

79.64

Exit

Load

NIL

NIL

NIL

If re

deem

ed o

n or

bef

ore

1Yea

r fro

m th

e da

te o

f allotm

ent-1%

If re

deem

end

on o

r bef

ore

365

days

from

the

date

of

allotm

ent.-1%

If re

deem

end

on o

r bef

ore

365

days

from

the

date

of

allotm

ent-1%

NIL

Ass

et

All

ocati

on

CertificateofD

eposits

49.40

46.67

NA

6.56

NA

NA

23.37

Com

mer

cial

Pap

er46.55

NA

0.59

NA

6.84

NA

14.84

BO

ND

S &

NC

DN

A49.92

79.57

52.95

87.84

90.45

56.27

Sove

reig

nN

AN

A9.64

32.73

NA

NA

NA

Stat

e G

over

nmen

t Sec

uriti

esN

AN

A4.33

NA

NA

NA

NA

Trea

sury

Bill

s2.17

0.50

NA

NA

0.09

0.22

0.56

Cas

h an

d O

ther

Ass

ets

1.88

2.91

5.87

7.76

5.23

9.33

4.96

Rati

ng

Bre

ak u

p

AA

A /

A1+

95.95

60.06

50.89

49.16

28.77

71.45

76.17

AA

/ A

A+

/ AA

(SO

)-

14.79

18.63

1.33

40.16

13.05

18.31

A+(

SO) /

A+

/ A-

21.74

10.64

9.02

25.75

5.95

-

Sove

reig

n2.17

0.50

13.97

32.73

0.09

0.22

0.56

Cas

h an

d O

ther

Ass

ets

1.88

2.91

5.87

7.76

5.23

9.33

4.96

8

Equity Funds Hybrid FundsPrincipal Focused

Multicap FundPrincipal Emerging

Bluechip FundPrincipal Dividend

Yield FundPrincipal Multi Cap

Growth FundPrincipal Tax Savings Fund

Principal Hybrid Equity Fund

Principal Balanced Advanatge Fund

Principal Equity Savings Fund

Category Focused Fund Large andMidcap Fund

Dividend YieldFund

MulticapGrowth Fund ELSS Aggressive

Hybrid Fund

BalancedAdvantage

Fund

Equity SavingsFund

Sche

me

Feat

ures

Type of Scheme

(An open ended equity scheme investing in maximum 30 Multi cap stocks)

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

(An open ended equity scheme predominantly investing in dividend yielding stocks)

(An open ended equity scheme investing across large cap, mid cap, small cap stocks)

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

(An open ended hybrid scheme investing predominantly in equity and equity related instruments)

(An Open-ended dynamic asset allocation fund)

(An open ended scheme investing in equity, arbitrage and debt)

Positioning

No of stocks notexceeding 30.

Minimuminvestments of35% each intolarge and midcap stocks.

Seeks to investpredominantly in dividend yielding stocks.

Investing acrosslarge, mid andsmall cap stocks.

Tax savinginvestment option with statutory 3years lock-in.

Equity basedhybrid schemewith 65%-80%equity allocation.

Flexibility to invest 100% in Equity Basis PE ratio.

Investing inEquity, Arbitrage and Debt.

Benchmark Index

S&P BSE 250 Large Midcap Index

NIFTY Large Midcap 250 Index (w.e.f. May 30, 2018)

Nifty Dividend Op-portunities 50 Index

Nifty 500 Index (w.e.f. April 23, 2018)

Nifty 500 Index CRISIL Hybrid 35+65 - Aggressive Index

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

"30% Nifty 50 + 70% CRISIL Liquid Fund Index"

Inception Date 11-Nov-05 12-Nov-08 15-Oct-04 25-Oct-00 31-Mar-96 14-Jan-00 16-Dec-10 23-May-02

Fund Manager

Dhimant Shah Dhimant Shah Dhimant Shah P.V.K. Mohan &Siddarth Mohta

P.V.K. Mohan P.V.K. Mohan (For Eq-uity Portion) & Bekxy Kuriakose (For Debt Portion)

P.V.K. Mohan (For Eq-uity Portion) & Bekxy Kuriakose (For Debt Portion)

P.V.K. Mohan (For Equity Portion) & Pankaj Jain (For Debt Portion)

Exit Load

0.25% for redemp-tions within 7 days from the date of al-

lotment [Note: w.e.f. March 01, 2019]

If redeemed on or before 1 Year from the date of allotment - 1%

1% - If redeemed within 365 days from the date of al-lotment. Nil - If re-deemed after 365 days from the date of allotment.

NIL "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% on redemption in excess of 24% of the limit stated above- Re-demption of units would be done on First in First out Basis (FIFO) Nil thereafter"

0.25% for redemp-tions within 7 days from the date of al-lotment. [Note: w.e.f. March 01, 2019]

Nil (w.e.f August 02, 2017)

Port

folio

Qua

nts

(As

on M

arch

29,

201

9) Standard Devation 12.81% 15.47% 12.86% 14.86% 15.31% 9.95% 4.03% 4.49%

Beta 0.98 1.07 1.01 1.07 1.11 1.09 0.58 0.99

Sharpe 0.37 0.53 0.64 0.54 0.51 0.72 -0.26 -0.31

Port

folio

Det

ails

Month End AUM 319.06

2,192.30 207.31

875.56

408.01

1,738.74 212.48 65.94

No. of Stocks 30 74 55 64 63 57 42 39

Top 10 Stocks (%) 49.39 25.30 37.74 36.77 35.92 27.59 39.19 39.94

Top 10 Sector(%) 85.70 71.77 77.90 79.63 79.31 58.90 62.30 63.56

Overweight

Cement Banks Software Banks Power Power Banks Software

Consumer Non Durables Auto Ancillaries Consumer Non

Durables Power Banks Consumer Non Durables Petroleum Products Banks

Chemicals Consumer Durables Petroleum Products Consumer Non Durables Cement Fertilisers Auto Petroleum Products

Industrial Products Finance Gas Cement Consumer Non Durables

Hotels, Resorts And Other Recreational Activities

Power Cement

Media & Entertain-ment Chemicals Paper Construction Project Construction Project Cement Software Telecom - Services

Underweight

Finance Consumer Non Durables Banks Finance Finance Finance Consumer Non

Durables Transportation

Banks Industrial Capital Goods Healthcare Services Petroleum Products Petroleum Products Petroleum Products Consumer Durables Pharmaceuticals

Power Construction Project Pharmaceuticals Software Software Auto Industrial Capital Goods Construction Project

Pharmaceuticals Construction Finance Auto Auto Pharmaceuticals Transportation Industrial Capital Goods

Petroleum Products Transportation Retailing Gas Gas Gas TeLecom - Services Industrial Products

Equity/Hybrid Funds Snapshot (As on March 31, 2019)Equity/Hybrid Funds Snapshot (As on March 31, 2019)

9

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 1.08 1,20,689 7.87 1,24,952 15.34 1,29,5493 Years SIP 3,60,000 8.05 4,06,231 11.08 4,24,605 14.18 4,43,9215 Years SIP 6,00,000 12.68 8,23,877 12.45 8,19,208 12.17 8,13,6047 Years SIP 8,40,000 18.66 16,30,578 15.27 14,45,759 13.14 13,40,05510 Years SIP 12,00,000 18.09 31,02,348 14.21 25,19,149 12.18 22,59,385Since Inception SIP 12,40,000 19.03 34,99,437 14.81 27,65,207 12.62 24,48,201

InceptionDate-November12,2008

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 3.01 1,21,905 9.01 1,25,658 15.34 1,29,5493 Years SIP 3,60,000 10.69 4,22,192 12.17 4,31,309 14.18 4,43,9215 Years SIP 6,00,000 11.53 8,00,818 11.44 7,99,100 12.17 8,13,6047 Years SIP 8,40,000 13.22 13,43,776 11.91 12,82,768 13.14 13,40,05510 Years SIP 12,00,000 12.47 22,95,418 12.28 22,72,419 12.18 22,59,385Since Inception SIP 17,30,000 11.59 42,41,223 NA NA 12.39 45,23,871InceptionDate-October15,2004

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 6.73 1,24,238 11.30 1,27,072 15.34 1,29,5493 Years SIP 3,60,000 8.75 4,10,392 12.48 4,33,282 14.18 4,43,9215 Years SIP 6,00,000 9.35 7,58,574 12.10 8,12,252 12.17 8,13,6047 Years SIP 8,40,000 11.99 12,86,322 13.84 13,73,696 13.14 13,40,05510 Years SIP 12,00,000 11.75 22,08,904 12.88 23,46,412 12.18 22,59,385Since Inception SIP 16,00,000 12.09 37,78,672 12.32 38,45,967 11.74 36,83,226

InceptionDate-November11,2005

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 4.12 1,22,604 10.33 1,26,476 15.34 1,29,5493 Years SIP 3,60,000 9.63 4,15,692 11.64 4,28,051 14.18 4,43,9215 Years SIP 6,00,000 11.62 8,02,664 11.61 8,02,361 12.17 8,13,6047 Years SIP 8,40,000 15.28 14,46,109 13.51 13,57,718 13.14 13,40,05510 Years SIP 12,00,000 14.42 25,46,872 12.49 22,97,038 12.18 22,59,385Since Inception SIP 22,10,000 15.27 1,07,76,634 15.76 1,13,89,757 14.92 1,03,68,764

InceptionDate-October25,2000

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 3.68 1,22,333 10.33 1,26,476 15.34 1,29,5493 Years SIP 3,60,000 9.25 4,13,402 11.64 4,28,051 14.18 4,43,9215 Years SIP 6,00,000 11.35 7,97,177 11.61 8,02,361 12.17 8,13,6047 Years SIP 8,40,000 15.10 14,36,674 13.51 13,57,718 13.14 13,40,05510 Years SIP 12,00,000 14.42 25,46,869 12.49 22,97,038 12.18 22,59,385Since Inception SIP 26,90,000.00 17.07 2,54,97,076 Not AvailableInceptionDate-March31,1996

Systematic Investment Plan (SIP) Returns (As on March 29, 2019)

SCHEMES MANAGED BY MR. DHIMANT SHAH

SCHEMES MANAGED BY MR. P.V.K. MOHAN & SIDDARTH MOHTA

SCHEMES MANAGED BY MR. P.V.K. MOHAN

Differentplansshallhaveadifferentexpensestructure.ReturnsshownaboveareforRegularPlan-Growthoption.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/-onthe1stbusinessdayofeverymonth.XIRRhelpsincalculatingreturnoninvestmentsgivenaninitialandfinalvalueandaseriesofcashinflowsandoutflowswiththecorrectallowanceforthetimeimpactofthetransactions.Loadisnottakenintoconsiderationforcomputationofperformance.Forperformanceofallschemes,Investorsareadvisedtorefer‘Returns’sectiononpage33.Disclaimer:Theaboveinvestmentsimulationisforillustrativepurposesonlyandshouldnotbeconstruedasapromiseonminimumreturnsandsafeguardofcapital.TheAMC/MutualFundisnotguaranteeingorpromisingorforecastinganyreturns.SIPdoesnotassureaprofitorguaranteeprotectionagainstalossinadecliningmarket.Mr.DhimantShahmanagesPrincipalEmergingBluechipFund(w.e.f.June2011),PrincipalFocusedMulticapFund(w.e.f.July2017)andPrincipalDividendYieldFund(w.e.f.December2011).Mr.P.V.K.MohanmanagesPrincipalMultiCapGrowthFund(w.e.f.September2010),PrincipalTaxSavingsFund(w.e.f.September2010),PrincipalTaxSaverFund(w.e.f.July2017)andEquityportionofPrincipalBalancedAdvantageFundandPrincipalEquitySavingsFund.Mr.SiddarthMohtahasbeenappointedasaAssociateFundManagerofPrincipalMultiCapGrowthFund(w.e.f.August2018)^SinceTRIdataisnotavailablefortheperiod31-03-1996to30-06-1999forNifty50Index,SIPperformanceforsinceinceptionperiodisnotprovided.**SinceTRIdataisnotavailablefortheperiod31-03-1996to26-11-1998forNifty500Index,SIPperformanceforsinceinceptionperiodisnotprovided.*SinceperformancedataforNiftyDividendOpportunities50Indexisnotavailable,SIPperformancesinceinceptionperiodisnotprovided.

10

SCHEMES MANAGED BY MR. P.V.K. MOHAN

SCHEME MANAGED BY MR. P.V.K. MOHAN & MS. BEKXY KURIAKOSE

SCHEME MANAGED BY MR. P.V.K. MOHAN & MR. PANKAJ JAIN

SCHEME MANAGED BY MR. RAJAT JAIN

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 5.14 1,23,244 11.11 1,26,955 15.34 1,29,5493 Years SIP 3,60,000 6.06 3,94,466 10.13 4,18,767 14.18 4,43,9215 Years SIP 6,00,000 6.58 7,08,081 9.83 7,67,727 12.17 8,13,6047 Years SIP 8,40,000 9.22 11,65,258 10.74 12,30,146 13.14 13,40,055Since Inception SIP 9,90,000 9.65 14,87,129 10.69 15,54,795 12.76 16,98,761InceptionDate-December16,2010

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 6.42 1,24,047 11.41 1,27,141 15.34 1,29,5493 Years SIP 3,60,000 11.21 4,25,376 10.63 4,21,810 14.18 4,43,9215 Years SIP 6,00,000 12.28 8,15,853 10.72 7,84,841 12.17 8,13,6047 Years SIP 8,40,000 14.20 13,91,407 11.94 12,83,726 13.14 13,40,05510 Years SIP 12,00,000 13.19 23,84,495 11.32 21,59,219 12.18 22,59,385Since Inception SIP 23,00,000 13.80 1,00,25,436 10.16 66,30,817 14.69 1,11,09,780InceptionDate-January14,2000

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 3.85 1,22,434.73 4.98 1,23,143.74 15.34 1,29,5493 Years SIP 3,60,000 6.83 3,98,995.75 6.93 3,99,569.23 14.18 4,43,9215 Years SIP 6,00,000 7.14 7,18,020.36 8.86 7,49,475.24 12.17 8,13,6047 Years SIP 8,40,000 9.16 11,63,058.88 11.95 12,84,503.53 13.14 13,40,05510 Years SIP 12,00,000 9.09 19,19,076.45 11.79 22,13,883.60 12.18 22,59,385Since Inception SIP 23,60,000 11.56 83,66,542.85 NA NA 14.56 1,19,74,123InceptionDate-July27,1999Differentplansshallhaveadifferentexpensestructure.ReturnsshownaboveareforRegularPlan-Growthoption.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/-onthe1stbusinessdayofeverymonth.XIRRhelpsincalculatingreturnoninvestmentsgivenaninitialandfinalvalueandaseriesofcashinflowsandoutflowswiththecorrectallowanceforthetimeimpactofthetransactions.Loadisnottakenintoconsiderationforcomputationofperformance.Forperformanceofallschemes,Investorsareadvisedtorefer‘Returns’sectiononpage33.Disclaimer:Theaboveinvestmentsimulationisforillustrativepurposesonlyandshouldnotbeconstruedasapromiseonminimumreturnsandsafeguardofcapital.TheAMC/MutualFundisnotguaranteeingorpromisingorforecastinganyreturns.SIPdoesnotassureaprofitorguaranteeprotectionagainstalossinadecliningmarket.Mr.P.V.KMohanmanagesPrincipalTaxSaverFund(w.e.f.July2017),PrincipalBalancedAdvantageFund–EquityPortion(w.e.f.July2017)PrincipalHybridEquityFund–EquityPortion(w.e.f.May2010)andPrincipalEquitySavingsFund–EquityPortion(w.e.f.June2016).Mr.PankajJainmanagesPrincipalEquitySavingsFund–Debtportion(w.e.f.January2018).Ms.BekxyKuriakosemanagesPrincipalHybridEquityFund-DebtPortion(w.e.f.Mar2016)andPrincipalBalancedAdvantageFund-DebtPortion(w.e.f.January01,2018)Mr.RajatJainmanagesPrincipalNifty100EqualWeightFund(w.e.f.August2015)*Freshsaleofunitsi.e.bywayofpurchase/Switch-insandregistrationoffreshSIParrangementundertheSchemeissuspendedtillfurthernotice.#TheequitycomponentofCRISILHybrid35+65-AggressiveIndexisrepresentedbytotalreturnsvariantofS&PBSE200WitheffectfromJune10,2018,freshallotmentofunitsinPrincipalPersonalTaxsaverFundevenincaseofSIPsregisteredpriortocloseofbusinesshoursofMarch31,2017issuspended.^SinceTRIdataisnotavailablefortheperiod31-03-1996to30-06-1999forNifty50Index,SIPperformanceforsinceinceptionperiodisnotprovided.**SinceTRIdataisnotavailablefortheperiod31-03-1996to26-11-1998forNifty500Index,SIPperformanceforsinceinceptionperiodisnotprovided.~SinceperformancedataforNifty100EqualWeightIndexisnotavailable,SIPperformancesinceinceptionperiodisnotprovided.

Systematic Investment Plan (SIP) Returns (As on March 29, 2019)

Principal Equity Savings Fund - Growth


Scheme’s Returns Scheme’s Benchmark (30% Nifty 50 - TRI + 70% CRISIL Liquid 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 4.30 122720 10.15 126364 15.34 1295493 Years SIP 3,60,000 5.70 392315 9.46 414657 14.17 4438295 Years SIP 6,00,000 6.40 704839 8.99 751875 12.15 8131287 Years SIP 8,40,000 6.66 1063602 9.51 1177288 13.13 133959210 Years SIP 12,00,000 6.61 1684259 9.12 1921085 11.95 2232008Since Inception SIP 20,20,000 7.14 3826155 9.71 4886745 14.56 7823857InceptionDate-May23,2002

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 3.70 1,22,340 10.33 1,26,476 15.34 1,29,5493 Years SIP 3,60,000 5.78 3,92,774 11.64 4,28,051 14.18 4,43,9215 Years SIP 6,00,000 7.30 7,20,886 11.61 8,02,361 12.17 8,13,6047 Years SIP 8,40,000 10.51 12,19,995 13.51 13,57,718 13.14 13,40,05510 Years SIP 12,00,000 10.36 20,51,670 12.49 22,97,038 12.18 22,59,385Since Inception SIP 27,50,000 17.41 2,90,34,343 Not AvailableInceptionDate-March31,1996

11

Principal Emerging Bluechip Fund(Anopenendedequityschemeinvestinginbothlargecapandmidcapstocks.)

Investment Objective:TheprimaryobjectiveoftheSchemeistoachievelong-termcapitalappreciationbyinvestinginequity&equityrelatedinstrumentsoflargecap&midcapcompanies.

Fund Details Portfolio

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)figuresareGrossDividend.Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Market Cap Allocation (As on March 31, 2019) (% of NAV)

Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of other than Large & Mid Cap CompaniesOthersTreasury BillMutual FundsCash & Other Assets

46.44%37.25%

12.22%

0.75% 0.05% 0.26% 3.03%0%

10%20%30%40%50%

Note:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith8.80%riskfreerateofreturn(1days-MIBORRateAsonMarch29,2019).** 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 March 31, 2019).#

TotalExpenseRatioincludesGSTonmanagementfees.

Performance (As on 29/03/2019)

Period Principal Emerging Bluechip Fund

NIFTY Large Midcap 250 Index - TRI

(Scheme’s Benchmark)

Nifty 50 - TRI(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) 0.30 10029.85 6.44 10646.21 16.40 11644.753Years(31-03-2016to29-03-2019) 17.08 16035.41 16.61 15844.47 16.10 15637.125Years(31-03-2014to29-03-2019) 21.09 26017.99 17.05 21964.50 13.07 18474.00SinceInception(12-11-2008to29-03-2019) 25.32 104150.00 18.53 58375.79 15.89 46210.30Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of ` 10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.

Data As on March 31, 2019

For NAV details, please refer page 6

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

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

Asset Under Managment (` Cr) MAAUM:2,119.40

AUM:2,192.30

Allotment Date & Benchmark Allotment Date

RegularPlan:November12,2008DirectPlan:January1,2013

Benchmark: NIFTY Large Midcap 250 Index(w.e.f.May30,2018)

`

Load StructureEntry Load: NILExit Load: If redeemed on or before 1 Year fromthedateofallotment-1%

Plans RegularPlan&DirectPlan.Options Both the Plans offer Growth & HalfYearlyDividendOption.Half Yearly Dividend Option under both the Plans offersfacilityofPayout,ReinvestmentandSweep.

Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 15.47%Beta^ : 1.07Sharpe Ratio^ (Annualised) : 0.53 Portfolio Turnover Ratio**:0.67

Fund Manager DetailsName: Dhimant Shah

Managing Since: June2011Total Experience: 27 years

Expense Ratio# (As on March 29, 2019)Direct Plan - 0.52 %

Regular Plan - 2.11 %`

Sector Allocation (As on March 31, 2019) (% of NAV)

Banks 18.38% Finance 9.00% Consumer Non Durables 7.23% Pharmaceuticals 6.53% Software 6.34% Consumer Durables 6.26% Industrial Products 5.35% Chemicals 4.63% Auto Ancillaries 4.55% Gas 3.50% Auto 2.74% Petroleum Products 2.72% Cement 2.25% Transportation 2.07% Media & Entertainment 2.03% Textile Products 1.96% Ferrous Metals 1.20% Pesticides 1.17% Hotels, Resorts And Other Recre-

ational Activities 1.16% Power 1.01% Construction 0.94% Non-FerrousMetals 0.92% Retailing 0.90% Textiles-Cotton 0.89% Paper 0.77% Services 0.75% Telecom-Equipment&Accessories 0.71% ConstructionProject 0.70%

Market Cap Ranges will be determined as per prevailing SEBI/ AMFI guidelines where· Large Cap: 1st-100thcompanyintermsoffullmarketcapitalization.· Mid Cap:101st-250thcompanyintermsoffullmarketcapitalization.· Small Cap:251stcompanyonwardsintermsoffullmarketcapitalization.

Top 10 Equity Holdings*Holdinglessthan0.75%#->LessThan0.005%

Name % of NAV

% of NAV Deriva-

tivesBanks 17.83HDFCBankLtd. 4.95ICICIBankLtd. 3.09KotakMahindraBankLtd. 2.30State Bank of India 1.81RBLBankLtd. 1.71AxisBankLtd. 1.64TheFederalBankLtd. 1.26CityUnionBankLtd. 1.07Finance 9.00BajajFinanceLtd. 2.33BajajFinservLtd. 1.82MuthootFinanceLtd. 1.51BharatFinancialInclusionLtd. 1.27Mahindra & Mahindra Financial ServicesLtd. 1.21

SBILifeInsuranceCompanyLtd. 0.86Consumer Non Durables 7.23BritanniaIndustriesLtd. 2.27JubilantFoodworksLtd. 1.59ITCLtd. 1.40VarunBeveragesLtd. 1.05GlaxoSmithKlineConsumer HealthcareLtd. 0.92

Pharmaceuticals 6.53TorrentPharmaceuticalsLtd. 1.86Divi'sLaboratoriesLtd. 1.57Dr.Reddy'sLaboratoriesLtd. 1.37BioconLtd. 0.94NatcoPharmaLtd. 0.79Software 6.34TataConsultancyServicesLtd. 1.93L&TTechnologyServicesLtd. 1.73InfosysLtd. 1.72Larsen&ToubroInfotechLtd. 0.96Consumer Durables 6.26BataIndiaLtd. 1.60VoltasLtd. 1.48HavellsIndiaLtd. 1.09BajajElectricalsLtd. 1.05DixonTechnologies(India)Ltd. 1.04Chemicals 4.63FineOrganicIndustriesLtd. 1.34NavinFluorineInternationalLtd. 1.29AtulLtd. 1.07NOCILLtd. 0.93Industrial Products 4.61AIAEngineeringLtd. 2.03Mold-TekPackagingLtd. 0.94SchaefflerIndiaLtd. 0.88RamkrishnaForgingsLtd. 0.76Auto Ancillaries 4.55ExideIndustriesLtd. 1.38MRFLtd. 1.33

Name % of NAV

% of NAV Deriva-

tivesSundramFastenersLtd. 0.98AmaraRajaBatteriesLtd. 0.86Gas 3.50IndraprasthaGasLtd. 1.34PetronetLNGLtd. 1.15GujaratStatePetronetLtd. 1.01Auto 2.74MarutiSuzukiIndiaLtd. 1.73EicherMotorsLtd. 1.01Petroleum Products 2.72RelianceIndustriesLtd. 2.72Transportation 2.07ContainerCorporationofIndiaLtd. 1.12TCIExpressLtd. 0.95Media & Entertainment 2.03SunTVNetworkLtd. 1.08PVRLtd. 0.95Cement 1.77ShreeCementLtd. 1.77Textile Products 1.42SRFLtd. 1.42Ferrous Metals 1.20JindalSteel&PowerLtd. 1.20Pesticides 1.17UPLLtd. 1.17Hotels, Resorts And Other Recreational Activities 1.16

TheIndianHotelsCompanyLtd. 1.16Power 1.01CESCLtd. 1.01Construction 0.94NBCC(India)Ltd. 0.94Non - Ferrous Metals 0.92HindustanZincLtd. 0.92Retailing 0.90FutureRetailLtd. 0.90Textiles - Cotton 0.89VardhmanTextilesLtd. 0.89Paper 0.77OrientPaper&IndustriesLtd. 0.77Other Equities* 4.47Total Equity 96.66 Stock Futures 0.48 Hindustan Petroleum Corporation Ltd Banks 0.48

Treasury Bills 0.05 91DAYT-BILL Sovereign 0.05Investment Funds/Mutual Funds 0.26 PrincipalShortTermDebtFund-DirectPlan-GrowthOption 0.26

Index Futures / Options #Cash & Cash Equivalents 3.03 Net Assets 100.00

12

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

Investment Objective:Toachievelong–termcapitalappreciation.


Name % of NAV

% of NAV Deriva-

tivesBanks 25.64HDFCBankLtd. 5.33ICICIBankLtd. 5.07State Bank of India 3.78KotakMahindraBankLtd. 2.93AxisBankLtd. 2.12CityUnionBankLtd. 1.31YesBankLtd. 1.30Bank of Baroda 1.14KarurVysyaBankLtd. 0.88Canara Bank 0.77TheFederalBankLtd. 0.75Syndicate Bank 0.26Consumer Non Durables 13.27ITCLtd. 3.66MaricoLtd. 2.20DaburIndiaLtd. 1.84GlaxoSmithKlineConsumer HealthcareLtd. 1.82

BritanniaIndustriesLtd. 1.50BalrampurChiniMillsLtd. 1.15Bombay Burmah Trading CorporationLtd. 1.10

Software 8.17TataConsultancyServicesLtd. 3.28InfosysLtd. 2.52TechMahindraLtd. 1.53HCLTechnologiesLtd. 0.84Power 5.44TataPowerCompanyLtd. 2.89NTPCLtd. 1.64KalpataruPowerTransmissionLtd. 0.91Construction Project 5.34Larsen&ToubroLtd. 2.73HindustanConstructionCompanyLtd. 1.57IrconInternationalLtd. 1.04Finance 5.08Housing Development Finance CorporationLtd. 2.10

SBILifeInsuranceCompanyLtd. 1.33ICICI Prudential Life Insurance CompanyLtd. 0.95

Shriram Transport Finance CompanyLtd. 0.70

Cement 4.69TheIndiaCementsLtd. 1.57ACCLtd. 1.05UltratechCementLtd. 0.91BirlaCorporationLtd. 0.63JKCementLtd. 0.53Petroleum Products 4.58RelianceIndustriesLtd. 4.58Pharmaceuticals 4.32SunPharmaceuticalIndustriesLtd. 1.60DishmanCarbogenAmcisLtd. 1.01

Name % of NAV

% of NAV Deriva-

tivesAbbottIndiaLtd. 0.88AurobindoPharmaLtd. 0.83Auto 3.10Mahindra&MahindraLtd. 0.96MarutiSuzukiIndiaLtd. 0.89BajajAutoLtd. 0.70HeroMotoCorpLtd. 0.55Hotels, Resorts And Other Recreational Activities 2.52TheIndianHotelsCompanyLtd. 2.52Consumer Durables 2.22BajajElectricalsLtd. 2.22Fertilisers 2.19ChambalFertilisersandChemicalsLtd. 2.19Auto Ancillaries 1.92AsahiIndiaGlassLtd. 1.28RicoAutoIndustriesLtd. 0.64Ferrous Metals 1.74KirloskarFerrousIndustriesLtd. 1.23SteelAuthorityofIndiaLtd. 0.51Telecom - Services 1.35BhartiAirtelLtd. 1.35Industrial Products 1.34RamkrishnaForgingsLtd. 1.34Non - Ferrous Metals 1.28NationalAluminiumCompanyLtd. 0.64HindustanZincLtd. 0.64Minerals/Mining 1.11CoalIndiaLtd. 1.11Textile Products 1.08SRFLtd. 1.08Chemicals 0.72PhillipsCarbonBlackLtd. 0.72Construction 0.45GayatriProjectsLtd. 0.44MilestoneGlobalLtd.&& 0.01Diversified Consumer Services 0.28CLEducateLtd. 0.28Total Equity 97.83Unlisted 0.02 Crescent Finstock Ltd.## & &&

Diversified Financial Services 0.02

Treasury Bills 0.12 91DAYT-BILLSovereign 0.12Investment Funds/Mutual Funds 0.81 PrincipalShortTermDebtFund-DirectPlan-GrowthOption 0.78

PrincipalArbitrageFund-Direct Plan-Growth 0.03

Index Futures / Options 0.01Cash & Cash Equivalents 1.22 Net Assets 100.00

Dividend Update

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

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)figuresareGrossDividend.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:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith8.80%riskfreerateofreturn(1days-MIBORRateAsonMarch29,2019).** 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 March 31, 2019).# TotalExpenseRatioincludesGSTonmanagementfees.





Asset Under Managment (` Cr) MAAUM:849.35

AUM:875.56


RegularPlan:October25,2000DirectPlan:January1,2013Benchmark: Nifty 500 Index

(w.e.f.April23,2018)

`

Load StructureEntry Load: NILExit Load:1%-Ifredeemedwithin365daysfromthedateofallotment.Nil-Ifredeemedafter365daysfromthedateofallotment.


Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised):14.86%Beta^ :1.07Sharpe Ratio^ (Annualised) :0.54 Portfolio Turnover Ratio**: 0.21

Fund Manager DetailsName: P.V.K.Mohan&SiddarthMohta

(Associate Fund Manager)Managing Since: September 2010 &

August 2018Total Experience: 25 years & 14 years

Expense Ratio# (As on March 29, 2019)Direct Plan - 1.48%


Sector Allocation (Top 10) (As on March 31, 2019) (% of NAV)

Banks 25.64% Consumer Non Durables 13.27% Software 8.17% Power 5.44% ConstructionProject 5.34% Finance 5.08% Cement 4.69% Petroleum Products 4.58% Pharmaceuticals 4.32% Auto 3.10%


Period Principal Multi Cap Growth Fund

Nifty 500 Index - TRI(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) 2.78 10279.13 9.70 10972.89 16.40 11644.753Years(31-03-2016to29-03-2019) 16.98 15993.08 15.88 15546.23 16.10 15637.125Years(31-03-2014to29-03-2019) 16.64 21580.30 14.42 19603.94 13.07 18474.00SinceInception(25-10-2000to29-03-2019) 15.53 143250.00 15.91 152126.98 14.80 127278.50Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.

Top 10 Equity Holdings&& ThinlyTradedSecurities-0.01%(%ofNAV)## & &&Illiquid Shares & Thinly Traded Securities


Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of Small Cap CompaniesTreasury BillMutual FundsCash & Other Assets

64.24%

13.69%19.92%

0.12%0.81% 1.22%

0%

20%

40%

60%

80%

13

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

lockinof3yearsandtaxbenefit)

Investment Objective:Tobuildahighqualitygrowth-orientedportfoliotoprovidelong-termcapitalgainstotheinvestors.Theschemeaimsatprovidingreturnsthroughcapitalappreciation.


Name % of NAVBanks 25.53HDFCBankLtd. 5.19ICICIBankLtd. 5.00State Bank of India 3.77KotakMahindraBankLtd. 2.94AxisBankLtd. 2.07YesBankLtd. 1.29CityUnionBankLtd. 1.25Bank of Baroda 1.22KarurVysyaBankLtd. 0.91Canara Bank 0.77TheFederalBankLtd. 0.75Syndicate Bank 0.37Consumer Non Durables 12.73ITCLtd. 3.32MaricoLtd. 2.13DaburIndiaLtd. 1.81GlaxoSmithKlineConsumerHealthcareLtd. 1.75BritanniaIndustriesLtd. 1.47BalrampurChiniMillsLtd. 1.13BombayBurmahTradingCorporationLtd. 1.12Software 8.06TataConsultancyServicesLtd. 3.24InfosysLtd. 2.49TechMahindraLtd. 1.50HCLTechnologiesLtd. 0.83Power 5.58TataPowerCompanyLtd. 2.86NTPCLtd. 1.60KalpataruPowerTransmissionLtd. 1.12Construction Project 5.22Larsen&ToubroLtd. 2.62HindustanConstructionCompanyLtd. 1.55IrconInternationalLtd. 1.05Finance 5.09Housing Development Finance CorporationLtd. 2.06

SBILifeInsuranceCompanyLtd. 1.40ICICI Prudential Life Insurance CompanyLtd. 0.94Shriram Transport Finance CompanyLtd. 0.69

Cement 4.89TheIndiaCementsLtd. 1.57ACCLtd. 1.04UltratechCementLtd. 0.96JKCementLtd. 0.68BirlaCorporationLtd. 0.64

Name % of NAVPetroleum Products 4.49RelianceIndustriesLtd. 4.49Pharmaceuticals 4.34SunPharmaceuticalIndustriesLtd. 1.58DishmanCarbogenAmcisLtd. 1.00AbbottIndiaLtd. 0.92AurobindoPharmaLtd. 0.84Auto 3.38Mahindra&MahindraLtd. 0.95MarutiSuzukiIndiaLtd. 0.89BajajAutoLtd. 0.86HeroMotoCorpLtd. 0.68Hotels, Resorts And Other Recreational Activities 2.46

TheIndianHotelsCompanyLtd. 2.46Consumer Durables 2.21BajajElectricalsLtd. 2.21Fertilisers 2.14ChambalFertilisersandChemicalsLtd. 2.14Auto Ancillaries 1.91AsahiIndiaGlassLtd. 1.29RicoAutoIndustriesLtd. 0.62Ferrous Metals 1.83KirloskarFerrousIndustriesLtd. 1.21SteelAuthorityofIndiaLtd. 0.62Non - Ferrous Metals 1.48HindustanZincLtd. 0.85NationalAluminiumCompanyLtd. 0.63Industrial Products 1.33RamkrishnaForgingsLtd. 1.33Telecom - Services 1.33BhartiAirtelLtd. 1.33Minerals/Mining 1.15CoalIndiaLtd. 1.15Textile Products 1.06SRFLtd. 1.06Chemicals 0.70PhillipsCarbonBlackLtd. 0.70Construction 0.58GayatriProjectsLtd. 0.58Diversified Consumer Services 0.35CLEducateLtd. 0.35Total Equity 97.84Treasury Bills 0.03 91DAYT-BILLSovereign 0.03Cash & Cash Equivalents 2.13 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)figuresareGrossDividend.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:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith8.80%riskfreerateofreturn(1days-MIBORRateAsonMarch29,2019).** 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(AsonMarch31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.



Minimum Investment Amount (`)Lumpsum Special ProductsNewInvestor-`500 SIP-` 500ExistingInvestor-`500STP-` 500 (Availableafterlock-inperiod) RWP-` 500 (Availableafterlock-inperiod) 6 installments each


AUM:408.01


RegularPlan:March31,1996DirectPlan:January1,2013Benchmark: Nifty 500 Index

`

Load StructureEntry Load: NILExit Load: NIL

Plans RegularPlan&DirectPlan.Options Both the Plans offer Growth & HalfYearlyDividendOption.(W.e.f.September11,2017)

Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 15.31%Beta^ : 1.11Sharpe Ratio^ (Annualised) : 0.51 Portfolio Turnover Ratio** : 0.32

Fund Manager DetailsName: P.V.K.Mohan

Managing Since: September 2010Total Experience: 25 years


Regular Plan - 2.85%`


Banks 25.53% Consumer Non Durables 12.73% Software 8.06% Power 5.58% ConstructionProject 5.22% Finance 5.09% Cement 4.89% Petroleum Products 4.49% Pharmaceuticals 4.34% Auto 3.38%


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

1Year(28-03-2018to29-03-2019) 2.43 10243.87 9.70 10972.89 16.40 11644.753Years(31-03-2016to29-03-2019) 16.68 15869.93 15.88 15546.23 16.10 15637.125Years(31-03-2014to29-03-2019) 16.45 21401.88 14.42 19603.94 13.07 18474.00SinceInception(31-03-1996to29-03-2019) 16.20 316196.10 13.65 189778.27 12.65 154912.04Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.*As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 500 IndexPRIvaluesfromdate31-03-1996to26-11-1998andTRIvaluessince26-11-1998.**As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR ofNifty50IndexPRIvaluesfromdate31-03-1996to30-06-1999andTRIvaluessince30-06-1999.

Top 10 Equity Holdings


Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of Small Cap CompaniesTreasury BillCash & Other Assets

63.84%

13.55%20.45%

0.03% 2.13%0%

20%

40%

60%

80%

14

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

Investment Objective:Toprovidelongtermgrowthofcapital.TheInvestmentManagerwillaimtoachieveareturnonassetsinexcessoftheperformanceofS&PBSE100INDEX


Name % of NAVBanks 25.84HDFCBankLtd. 5.26ICICIBankLtd. 5.04State Bank of India 3.81KotakMahindraBankLtd. 2.91AxisBankLtd. 1.98CityUnionBankLtd. 1.32YesBankLtd. 1.32Bank of Baroda 1.24KarurVysyaBankLtd. 0.93Canara Bank 0.82TheFederalBankLtd. 0.78Syndicate Bank 0.43Consumer Non Durables 13.00ITCLtd. 3.63MaricoLtd. 2.09GlaxoSmithKlineConsumer HealthcareLtd. 1.85

DaburIndiaLtd. 1.78BritanniaIndustriesLtd. 1.45Bombay Burmah Trading CorporationLtd. 1.11

BalrampurChiniMillsLtd. 1.09Software 8.19TataConsultancyServicesLtd. 3.31InfosysLtd. 2.56TechMahindraLtd. 1.45HCLTechnologiesLtd. 0.87Power 5.37TataPowerCompanyLtd. 2.94NTPCLtd. 1.57KalpataruPowerTransmissionLtd. 0.86Construction Project 5.26Larsen&ToubroLtd. 2.68HindustanConstructionCompanyLtd. 1.58IrconInternationalLtd. 1.00Finance 5.02Housing Development Finance CorporationLtd. 2.12


Shriram Transport Finance CompanyLtd. 0.74

Petroleum Products 4.60RelianceIndustriesLtd. 4.60Pharmaceuticals 4.44SunPharmaceuticalIndustriesLtd. 1.58DishmanCarbogenAmcisLtd. 1.04AbbottIndiaLtd. 0.93AurobindoPharmaLtd. 0.89

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)figuresareGrossDividend.Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.^Freshsaleofunitsi.e.bywayofpurchase/Switch-insandregistrationoffreshSIParrangementundertheSchemeissuspendedtillfurthernotice.WitheffectfromJune10,2018,freshallotmentofunitsinPrincipalPersonalTaxsaverFundevenincaseofSIPsregisteredpriortocloseofbusinesshoursofMarch31,2017issuspended.





AUM:274.52


RegularPlan:March31,1996DirectPlan:January1,2013Benchmark: Nifty 500 Index

`


Plans RegularPlan&DirectPlan.Options Both the Plan do not have any optionsatpresent.

Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised):14.68%Beta^ :1.07Sharpe Ratio^ (Annualised) :0.20 Portfolio Turnover Ratio** : 0.39

Fund Manager DetailsName: P.V.K.Mohan

Managing Since: July2017Total Experience: 25 years


Regular Plan - 2.67%


Banks 25.84% Consumer Non Durables 13.00% Software 8.19% Power 5.37% ConstructionProject 5.26% Finance 5.02% Petroleum Products 4.60% Pharmaceuticals 4.44% Cement 4.14% Auto 3.35%


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

1Year(28-03-2018to29-03-2019) 3.13 10313.39 9.70 10972.89 16.40 11644.753Years(31-03-2016to29-03-2019) 11.31 13783.50 15.88 15546.23 16.10 15637.125Years(31-03-2014to29-03-2019) 11.43 17172.45 14.42 19603.94 13.07 18474.00SinceInception(31-03-1996to29-03-2019) 19.32 582008.00 13.65 189778.27 12.65 154912.04Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.*As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 500 IndexPRIvaluesfromdate31-03-1996to26-11-1998andTRIvaluessince26-11-1998.**As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR ofNifty50IndexPRIvaluesfromdate31-03-1996to30-06-1999andTRIvaluessince30-06-1999.

Minimum Investment Amount (`)Lumpsum Special ProductsNewInvestor-`500 SIP-` 500ExistingInvestor-`500STP-` 500 (Availableafterlock-inperiod) RWP-` 500 (Availableafterlock-inperiod) 6 installments each

`

Name % of NAVCement 4.14TheIndiaCementsLtd. 1.29ACCLtd. 1.06UltratechCementLtd. 1.05BirlaCorporationLtd. 0.74Auto 3.35Mahindra&MahindraLtd. 0.92MarutiSuzukiIndiaLtd. 0.89BajajAutoLtd. 0.79HeroMotoCorpLtd. 0.75Fertilisers 2.24ChambalFertilisersandChemicalsLtd. 2.24Hotels, Resorts And Other Recreational Activities 2.18

TheIndianHotelsCompanyLtd. 2.18Auto Ancillaries 2.17AsahiIndiaGlassLtd. 1.49RicoAutoIndustriesLtd. 0.68Consumer Durables 2.04BajajElectricalsLtd. 2.04Ferrous Metals 1.98KirloskarFerrousIndustriesLtd. 1.28SteelAuthorityofIndiaLtd. 0.70Telecom - Services 1.41BhartiAirtelLtd. 1.41Industrial Products 1.36RamkrishnaForgingsLtd. 1.36Minerals/Mining 1.12CoalIndiaLtd. 1.12Textile Products 1.09SRFLtd. 1.09Chemicals 0.75PhillipsCarbonBlackLtd. 0.75Construction 0.69GayatriProjectsLtd. 0.69Non - Ferrous Metals 0.62NationalAluminiumCompanyLtd. 0.62Diversified Consumer Services 0.40CLEducateLtd. 0.40Total Equity 97.26Treasury Bills 0.05 91DAYT-BILLSovereign 0.05Cash & Cash Equivalents 2.69 Net Assets 100.00 Top 10 Equity Holdings



63.78%

13.59%19.89%

0.05% 2.69%0%

20%

40%

60%

80%

15

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

Investment Objective:Toprovidecapitalappreciationand/ordividenddistributionbyinvestingincompaniesacrossmarketcapitalization.


Name % of NAV

% of NAV

Deriva-tives

Banks 20.42HDFCBankLtd. 7.94ICICIBankLtd. 5.02KotakMahindraBankLtd. 4.56

State Bank of India 2.90

Consumer Non Durables 14.80ITCLtd. 4.82HindustanUnileverLtd. 4.20BritanniaIndustriesLtd. 3.51

NestleIndiaLtd. 2.27

Software 11.96TataConsultancyServicesLtd. 3.39

InfosysLtd. 3.26

NIITLtd. 2.83

L&TTechnologyServicesLtd. 2.48

Finance 7.93Housing Development Finance CorporationLtd. 4.95

BajajFinservLtd. 2.98

Petroleum Products 7.03RelianceIndustriesLtd. 7.03

Cement 6.63ShreeCementLtd. 3.97

ACCLtd. 2.66

Auto 5.41

BajajAutoLtd. 3.15

MarutiSuzukiIndiaLtd. 2.26

Chemicals 4.41

NavinFluorineInternationalLtd. 2.46

NOCILLtd. 1.95

Name % of NAV

% of NAV

Deriva-tives

Construction Project 3.73

Larsen&ToubroLtd. 2.90

IrconInternationalLtd. 0.83

Industrial Products 3.38

AIAEngineeringLtd. 3.38

Media & Entertainment 2.61Zee Entertainment EnterprisesLtd. 2.61

Pharmaceuticals 2.47

AbbottIndiaLtd. 2.47

Non - Ferrous Metals 2.03

HindustanZincLtd. 2.03

Gas 1.81

GujaratGasLtd. 1.81

Fertilisers 1.81Chambal Fertilisers and ChemicalsLtd. 1.81

Telecom - Equipment & Accessories 1.21

SterliteTechnologiesLtd. 1.21

Total Equity 97.64

Treasury Bills 0.10

91DAYT-BILL Sovereign 0.10

Index Future/Option #

Cash & Cash Equivalents 2.26

Net Assets 100.00



Dividend Update


15-Dec-17 2.11 28.09 1.72 28.4616-Jun-17 5.98 31.90 6.13 32.3123-Dec-16 1.12 27.34 1.22 27.70Past performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.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:319.06


RegularPlan:November11,2005DirectPlan:January1,2013

Benchmark: S&P BSE 250 Large Midcap Index

`

Load StructureEntry Load: NILExit Load: 0.25% for redemptions with-in 7 days from the date of allotment [w.e.f.March01,2019]




Managing Since: July2017Total Experience: 27 years




Banks 20.42% Consumer Non Durables 14.80% Software 11.96% Finance 7.93% Petroleum Products 7.03% Cement 6.63% Auto 5.41% Chemicals 4.41% ConstructionProject 3.73% Industrial Products 3.38%


Period Principal Focused Multicap Fund

S&P BSE 250 Large Midcap - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) 8.32 10834.33 11.44 11147.36 16.40 11644.753Years(31-03-2016to29-03-2019) 13.48 14605.08 16.20 15676.76 16.10 15637.125Years(31-03-2014to29-03-2019) 12.73 18198.56 14.56 19726.87 13.07 18474.00SinceInception(11-11-2005to29-03-2019) 14.77 63240.00 13.53 54669.67 13.38 53722.95Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.

Top 10 Equity Holdings#->LessThan0.005%


73.75%

14.01% 9.88%0.10% 2.26%

0%

20%

40%

60%

80%

16

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

dividend yielding stocks)

Investment Objective:Toprovidecapitalappreciationand/ordividenddistributionbyinvestingpredominantlyinawell-diversifiedportfolioofcompaniesthathavearelativelyhighdividendyield.


Dividend Update


17-Dec-18 NA NA 0.12 30.4915-Dec-17 3.50 26.24 NA NA16-Jun-17 5.82 28.38 2.93 29.3223-Dec-16 0.95 23.65 NA NAPast performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.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:207.31


RegularPlan:October15,2004DirectPlan:January1,2013

Benchmark: Nifty Dividend Opportunities 50 Index

`

Load StructureEntry Load: NILExit Load: If redeemed on or before 1 Year fromthedateofallotment-1%




Managing Since: December 2011Total Experience: 27 years




Software 20.39% Consumer Non Durables 15.64% Banks 10.41% Petroleum Products 6.03% Chemicals 5.79% Auto 5.51% Gas 4.37% Auto Ancillaries 3.56% Industrial Products 3.12% Paper 3.08%


Period Principal Dividend Yield Fund

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


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) 4.63 10464.24 10.06 11008.44 16.40 11644.753Years(31-03-2016to29-03-2019) 17.60 16248.47 17.42 16173.09 16.10 15637.125Years(31-03-2014to29-03-2019) 14.59 19750.19 12.52 18029.82 13.07 18474.00SinceInception(15-10-2004to29-03-2019) 12.22 52970.00 NA NA 15.23 77703.23Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.


Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of Small Cap CompaniesOthersTreasury BillCash & Other Assets

60.31%

17.10% 19.68%

1.30% 0.05% 1.56%0%

20%

40%

60%

80%

Top 10 Equity Holdings#->LessThan0.005%

Name % of NAV

% of NAV Deriva-

tivesSoftware 20.39TataConsultancyServicesLtd. 5.01InfosysLtd. 3.88NIITLtd. 2.53

TechMahindraLtd. 2.13

HCLTechnologiesLtd. 2.09

L&TTechnologyServicesLtd. 1.37

Larsen&ToubroInfotechLtd. 1.31

SaskenTechnologiesLtd. 1.22

CignitiTechnologiesLtd. 0.85

Consumer Non Durables 15.64HindustanUnileverLtd. 6.42ITCLtd. 5.29

VSTIndustriesLtd. 1.68

ColgatePalmolive(India)Ltd. 1.33

BannariAmmanSugarsLtd. 0.92

Banks 10.41HDFCBankLtd. 3.01ICICIBankLtd. 2.72


AxisBankLtd. 1.38

KotakMahindraBankLtd. 1.16

Petroleum Products 6.03RelianceIndustriesLtd. 3.79

BharatPetroleumCorporationLtd. 2.24

Chemicals 5.79

AartiIndustriesLtd. 1.72

FineOrganicIndustriesLtd. 1.44

NOCILLtd. 1.40

NavinFluorineInternationalLtd. 1.23

Auto 5.51BajajAutoLtd. 2.67

MarutiSuzukiIndiaLtd. 1.57

Mahindra&MahindraLtd. 1.27

Gas 4.37

GujaratGasLtd. 2.14

IndraprasthaGasLtd. 1.15

PetronetLNGLtd. 1.08

Auto Ancillaries 3.56

AsahiIndiaGlassLtd. 1.49

ExideIndustriesLtd. 1.05

MRFLtd. 1.02

Name % of NAV

% of NAV Deriva-

tivesIndustrial Products 3.12AIAEngineeringLtd. 2.42

HEGLtd. 0.70

Paper 3.08

InternationalPaperAppmLtd. 2.17

OrientPaper&IndustriesLtd. 0.91

Ferrous Metals 3.01

TataSteelLtd. 1.05

JindalSteel&PowerLtd. 1.03

KirloskarFerrousIndustriesLtd. 0.93

Finance 2.41

BajajHoldings&InvestmentLtd. 1.29

BajajFinservLtd. 1.12

Pharmaceuticals 2.13

SunPharmaceuticalIndustriesLtd. 1.13

DishmanCarbogenAmcisLtd. 1.00



IrconInternationalLtd. 0.94


HindustanZincLtd. 1.94

Cement 1.93

ACCLtd. 1.93

Textile Products 1.52

SRFLtd. 1.52

Services 1.30

OdishaCementLtd. 1.30

Power 1.22

NTPCLtd. 1.22

Construction 1.06

NBCC(India)Ltd. 1.06Hotels, Resorts And Other Recreational Activities 1.01

TheIndianHotelsCompanyLtd. 1.01

Consumer Durables 0.97

SheelaFoamLtd. 0.97

Total Equity 98.39

Treasury Bills 0.05


Index Futures / Options #


Net Assets 100.00

17

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

Investment Objective:ToinvestprincipallyinsecuritiesthatcompriseNifty100EqualWeightIndexandsubjecttotrackingerrorsendeavourtoattainresultscommensuratewiththeNifty100EqualWeightIndex.


Name % of NAVFinance 14.17IndiabullsHousingFinanceLtd. 1.15BajajFinanceLtd. 1.05ICICI Prudential Life Insurance CompanyLtd. 1.05ShriramTransportFinanceCompanyLtd. 1.04L&TFinanceHoldingsLtd. 1.02ICICI Lombard General Insurance CompanyLtd. 1.02HDFCLifeInsuranceCompanyLtd. 1.01HDFCAssetManagementCompanyLtd. 1.00TheNewIndiaAssuranceCompanyLtd. 1.00BajajFinservLtd. 0.99BajajHoldings&InvestmentLtd. 0.99Housing Development Finance CorporationLtd. 0.97General Insurance Corporation Of India 0.95SBILifeInsuranceCompanyLtd. 0.93Consumer Non Durables 10.75Procter & Gamble Hygiene and HealthCareLtd. 1.02AsianPaintsLtd. 1.00MaricoLtd. 0.99HindustanUnileverLtd. 0.99UnitedBreweriesLtd. 0.99ITCLtd. 0.98ColgatePalmolive(India)Ltd. 0.97BritanniaIndustriesLtd. 0.97UnitedSpiritsLtd. 0.95GodrejConsumerProductsLtd. 0.95DaburIndiaLtd. 0.94Banks 9.23YesBankLtd. 1.07State Bank of India 1.06Bank of Baroda 1.05IndusIndBankLtd. 1.03BandhanBankLtd. 1.02ICICIBankLtd. 1.01AxisBankLtd. 1.01HDFCBankLtd. 1.00KotakMahindraBankLtd. 0.98Pharmaceuticals 8.96PiramalEnterprisesLtd. 1.04CadilaHealthcareLtd. 1.01AurobindoPharmaLtd. 1.00SunPharmaceuticalIndustriesLtd. 1.00Divi'sLaboratoriesLtd. 1.00Dr.Reddy'sLaboratoriesLtd. 0.99CiplaLtd. 0.99LupinLtd. 0.97BioconLtd. 0.96Auto 6.77AshokLeylandLtd. 0.99MarutiSuzukiIndiaLtd. 0.99BajajAutoLtd. 0.97Mahindra&MahindraLtd. 0.97HeroMotoCorpLtd. 0.95EicherMotorsLtd. 0.93TataMotorsLtd. 0.85TataMotorsLtd-A-DVR 0.12Software 5.91HCLTechnologiesLtd. 1.04OracleFinancialServicesSoftwareLtd. 0.98TataConsultancyServicesLtd. 0.98InfosysLtd. 0.98TechMahindraLtd. 0.97WiproLtd. 0.96Cement 5.07ACCLtd. 1.04GrasimIndustriesLtd. 1.02

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)figuresareGrossDividend.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:̂ Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith8.80%riskfreerateofreturn(1days-MIBORRateAsonMarch29,2019).** 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(AsonMarch31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.* Since Benchmark of the Fund change from Nity 50 to Nifty 100 Equal Weight (w.e.f10-May-2018),TrackingErrorisCalculatedasbelow–•Nifty50TRIisconsiderfrom(03-Aug-2015to09-May-2018)&•Nifty100EqualWeightTRIisconsiderfor(10-May-2018to28-Feb-2019)






AUM:18.14


RegularPlan:July27,1999DirectPlan:January1,2013

Benchmark: Nifty 100 Equal Weight Index

`

Load StructureEntry Load: NILExit Load:Nil[w.e.f.March01,2019]

Plans RegularPlan&DirectPlan.Options BoththePlansofferGrowth&DividendOption. Dividend Option under both the PlansoffersfacilityofPayout,ReinvestmentandSweep.

Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 13.31%Beta^ : 0.97Sharpe Ratio^ (Annualised) :0.18Portfolio Turnover Ratio**: 0.90Tracking Deviation*: 0.41%

Fund Manager DetailsName: RajatJain

Managing Since: August 2015Total Experience: 29 years




Finance 14.17% Consumer Non Durables 10.75% Banks 9.23% Pharmaceuticals 8.96% Auto 6.77% Software 5.91% Cement 5.07% Petroleum Products 4.09% Industrial Capital Goods 3.11% Transportation 3.00%


Period Principal Nifty 100 Equal Weight Fund

Nifty 100 Equal Weight - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) 3.67 10368.17 2.67 10267.36 16.40 11644.753Years(31-03-2016to29-03-2019) 10.85 13613.60 13.20 14495.64 16.10 15637.125Years(31-03-2014to29-03-2019) 9.54 15764.90 13.21 18587.51 13.07 18474.00SinceInception(27-07-1999to29-03-2019) 10.60 72647.50 NA NA 13.28 116437.80Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.

Name % of NAVAmbujaCementsLtd. 1.01ShreeCementLtd. 1.01UltratechCementLtd. 0.99Petroleum Products 4.09HindustanPetroleumCorporationLtd. 1.04BharatPetroleumCorporationLtd. 1.03IndianOilCorporationLtd. 1.02RelianceIndustriesLtd. 1.00Industrial Capital Goods 3.11BharatHeavyElectricalsLtd. 1.08SiemensLtd. 1.06ABBIndiaLtd. 0.97Transportation 3.00AdaniPortsandSpecialEconomicZoneLtd. 1.02ContainerCorporationofIndiaLtd. 1.00InterglobeAviationLtd. 0.98Ferrous Metals 2.99SteelAuthorityofIndiaLtd. 1.01JSWSteelLtd. 1.00TataSteelLtd. 0.98Non - Ferrous Metals 2.97VedantaLtd. 1.03HindustanZincLtd. 0.98HindalcoIndustriesLtd. 0.96Auto Ancillaries 2.95MothersonSumiSystemsLtd. 0.99MRFLtd. 0.99BoschLtd. 0.97Power 2.93NTPCLtd. 0.98NHPCLtd. 0.98PowerGridCorporationofIndiaLtd. 0.97Consumer Durables 2.02TitanCompanyLtd. 1.02HavellsIndiaLtd. 1.00Gas 1.99PetronetLNGLtd. 1.02GAIL(India)Ltd. 0.97Minerals/Mining 1.96CoalIndiaLtd. 1.00NMDCLtd. 0.96Telecom - Services 1.57BhartiAirtelLtd. 0.99VodafoneIdeaLtd. 0.58Oil 1.04Oil&NaturalGasCorporationLtd. 1.04Construction 1.02DLFLtd. 1.02Textile Products 1.02PageIndustriesLtd. 1.02Chemicals 1.02PidiliteIndustriesLtd. 1.02Pesticides 1.01UPLLtd. 1.01Media & Entertainment 1.00ZeeEntertainmentEnterprisesLtd. 1.00Telecom - Equipment & Accessories 0.98BhartiInfratelLtd. 0.98Construction Project 0.97Larsen&ToubroLtd. 0.97Retailing 0.95AvenueSupermartsLtd. 0.95Total Equity 99.45Treasury Bills 0.05 91DAYT-BILL Sovereign 0.05Cash & Cash Equivalents 0.50 Net Assets 100.00



Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesOthersTreasury BillCash & Other Assets

94.22%

5.11%0.12% 0.05% 0.50%

0%20%40%60%80%

100%

18

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 marketsandthearbitrageopportunitiesavailablewithinthederivativesegmentandbyinvestingthebalanceindebtandmoneymarketinstruments.ThereisnoassuranceorguaranteethattheinvestmentobjectiveoftheSchemewillberealized.


Dividend Update


15-Mar-19 0.0628 10.1432 0.0636 10.267415-Feb-19 0.0631 10.1793 0.0639 10.302817-Sep-18 0.0620 10.3724 0.0626 10.4771Past performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.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:**ThePortfolioTurnoverRate(PTR)meansthelowerofaggregatesales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevantyear/period.# TotalExpenseRatioincludesGSTonmanagementfees.*EffectiveFebruary01,2017.






AUM:6.27


RegularPlan:April21,2016DirectPlan:April21,2016

Benchmark: Nifty 50 Arbitrage Index

`

Load StructureEntry Load: NILExit Load:0.50%-Ifredeemedonorbefore30daysfromthedateofallotment.NIL- Ifredeemed after 30 days from the date of allotment.

Plans RegularPlan&DirectPlan.Options BoththePlansofferMonthly*Dividend& Growth Option. Monthly* Dividend Optionunder both the Plan offers facility of Payout,ReinvestmentandSweep.

Other Details (As on March 31, 2019)Portfolio Turnover Ratio** : 9.00Equity : 0.58Debt : 0.45Derivatives : 7.96

Fund Manager DetailsName: RajatJain

Managing Since: April 2016Total Experience: 29 years



Sector Allocation (As on March 31, 2019)

(% of NAV)

Finance 18.02% Banks 13.73% Pharmaceuticals 12.05% Petroleum Products 8.37% Power 6.57% Telecom-Services 5.21% Construction 3.56%


Period Principal Arbitrage Fund

Nifty 50 Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%) $PTP Returns

Returns (%)

$PTP Returns

1Year(28-03-2018to29-03-2019) -1.35 9864.82 5.35 10536.84 16.40 11644.75SinceInception(21-04-2016to29-03-2019) 3.15 10953.70 5.20 11605.92 15.56 15293.90Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.AboveoneyearperformanceofPrincipalArbitrageFundisnotgivenastheschemehavenotbeeninexistencefor3years.

Name Rating / Industry

% of NAV

% to Net Assets De-

rivativesFinance 18.02 -18.15MultiCommodityExchangeofIndiaLtd. 9.53 -9.61IDFCLtd. 8.49 -8.54Banks 13.73 -13.78YesBankLtd. 8.87 -8.92ICICIBankLtd. 3.38 -3.38State Bank of India 1.48 -1.48Pharmaceuticals 12.05 -12.15AurobindoPharmaLtd. 9.63 -9.71SunPharmaceuticalIndustriesLtd. 2.42 -2.44Petroleum Products 8.37 -8.43RelianceIndustriesLtd. 8.37 -8.43Power 6.57 -6.62CESCLtd. 5.55 -5.59TataPowerCompanyLtd. 1.02 -1.03Telecom - Services 5.21 -5.25BhartiAirtelLtd. 5.21 -5.25Construction 3.56 -3.59IRBInfrastructureDevelopersLtd. 3.56 -3.59Total Equity 67.51 -67.97Treasury Bills 0.15 91DAYT-BILL Sovereign 0.15Investment Funds/Mutual Funds 8.18 PrincipalCashManagementFund-DirectPlan-GrowthOption Mutual Fund 8.18Cash & Cash Equivalents 24.16 Net Assets 100.00^TheaggregateinvestmentsbyotherschemesofPrincipalMutualFundasonMarch31,2019:0.25Crore

19

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 NAV15-Mar-19 0.2525 25.77 0.0800 30.1515-Feb-19 0.2523 24.7600 NA NA17-Jan-19 0.2574 25.7200 0.2973 29.720017-Dec-18 0.2514 25.9500 NA NAPast performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.TheschemefeaturesofPrincipalBalancedFundhaschangedw.e.fJune11,2018


Period Principal Hybrid Equity Fund

CRISIL Hybrid 35+65 - Aggressive Index*



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

Returns Returns (%) $PTP Returns

1Year(28-03-2018to29-03-2019) 5.95 10596.39 10.44 11046.51 16.40 11644.753Years(31-03-2016to29-03-2019) 16.63 15850.44 13.27 14524.47 16.10 15637.125Years(31-03-2014to29-03-2019) 15.15 20233.46 12.75 18214.35 13.07 18474.00SinceInception(14-01-2000to29-03-2019) 11.28 78000.00 NA NA 12.36 93827.38Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable. Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.*TheequitycomponentofCRISILHybrid35+65-AggressiveIndexisrepresentedbytotalreturnsvariantofS&PBSE200




Asset Under Managment (` Cr) MAAUM: 1,699.82

AUM:1,738.74


RegularPlan:January14,2000DirectPlan:January1,2013

Benchmark: CRISILHybrid35+65-AggressiveIndex

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before1yearfromthedateofallotment:-Nil for redemption/ switch out of units upto 24%oftheunitsallotted(thelimit)-1%onredemption in excess of 24% of the limitstated above- Redemption of units wouldbe done on First in First out Basis (FIFO) Nil thereafter

Plans RegularPlan&DirectPlan.Options BoththePlansofferGrowth&MonthlyDividend Option. Monthly Dividend Optionunder both the Plan offers facility of Payout,ReinvestmentandSweep.

Ratios & Other Details (As on March 29, 2019)Standard Deviation^@ (Annualised): 9.95%Beta^@ : 1.09Sharpe Ratio^@ (Annualised) : 0.72 Portfolio Turnover Ratio** : 1.47Equity : 0.22Debt : 1.25

Note:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith8.80%riskfreerateofreturn(1days-MIBORRateAsonMarch29,2019).** 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 (AsonMarch31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.@For Equity portion only

Fund Manager DetailsName: P.V.K.Mohan(ForEquityPortion)

&BekxyKuriakose (For Debt Portion)Managing Since: May 2010 & Mar 2016

Total Experience: 25 years & 18 years


Regular Plan - 2.09 %

`


Investment Objective:TheInvestmentobjectiveoftheSchemeistoprovidelong-termappreciationandcurrentincomebyinvestinginaportfolioofequity,equityrelatedsecuritiesandfixedincomesecurities.


Banks 16.65% Consumer Non Durables 10.06% Software 9.61% Power 4.21% Finance 4.15% Petroleum Products 3.80% ConstructionProject 3.66% Cement 3.13% Pharmaceuticals 1.89% Non-FerrousMetals 1.74%

Gross Yield To Maturity of the Debt Portfolio8.12%

Average Maturity of the Debt Portfolio (As on March 31, 2019)

ExcludingDebtMutualFundunits:2.46years (27.45%ofthenetassets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.37 years (0.95% of the net assets) (As on March 31, 2019)

Modified Duration of the Debt Portfolio (As on March 31, 2019)

ExcludingDebtMutualFundunits:1.90years (27.45%ofthenetassets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.08 years (0.95% of the net assets) (As on March 31, 2019)


Market Cap Allocation (As on March 31, 2019) (% of NAV)Equity&EquityRelatedInstrumentsofLargeCapCo. 53.86Equity&EquityRelatedInstrumentsofMidCapCo. 6.39Equity&EquityRelatedInstrumentsofSmallCapCo. 11.15Debt 26.04Mutual Funds 0.95Cash & Other Assets 1.61

Name Rating % of NAV% of NAV

Deriva-tives

Banks 16.65HDFCBankLtd. 4.06ICICIBankLtd. 3.50State Bank of India 2.65KotakMahindraBankLtd. 2.14AxisBankLtd. 1.59YesBankLtd. 1.23Bank of Baroda 0.81TheFederalBankLtd. 0.67Consumer Non Durables 10.06ITCLtd. 2.68MaricoLtd. 1.58HindustanUnileverLtd. 1.46GlaxoSmithKlineConsumerHealthcareLtd. 1.45DaburIndiaLtd. 1.36BritanniaIndustriesLtd. 0.83BombayBurmahTradingCorporationLtd. 0.70Software 9.61InfosysLtd. 2.88TataConsultancyServicesLtd. 2.16TechMahindraLtd. 1.31WiproLtd. 0.98Larsen&ToubroInfotechLtd. 0.83CyientLtd. 0.76HCLTechnologiesLtd. 0.69Power 4.21TataPowerCompanyLtd. 1.85NTPCLtd. 1.34PowerGridCorporationofIndiaLtd. 1.02Finance 4.15Housing Development FinanceCorporationLtd. 1.87


MagmaFincorpLtd. 0.48Petroleum Products 3.80RelianceIndustriesLtd. 3.80Construction Project 3.66Larsen&ToubroLtd. 1.65HindustanConstructionCompanyLtd. 1.09IrconInternationalLtd. 0.92Cement 3.13TheIndiaCementsLtd. 1.12ACCLtd. 0.96AmbujaCementsLtd. 0.93BirlaCorporationLtd. 0.12Pharmaceuticals 1.89SunPharmaceuticalIndustriesLtd. 1.16AurobindoPharmaLtd. 0.73Non - Ferrous Metals 1.74VedantaLtd. 0.70NationalAluminiumCompanyLtd. 0.53HindustanZincLtd. 0.51Hotels, Resorts And Other Recreational Activities 1.68

TheIndianHotelsCompanyLtd. 1.68Ferrous Metals 1.64KirloskarFerrousIndustriesLtd. 1.10SteelAuthorityofIndiaLtd. 0.54Fertilisers 1.64ChambalFertilisersandChemicalsLtd. 1.64Consumer Durables 1.43BajajElectricalsLtd. 1.43Auto 1.37MarutiSuzukiIndiaLtd. 0.69Mahindra&MahindraLtd. 0.68

Name Rating % of NAV% of NAV

Deriva-tives

Telecom - Services 1.27BhartiAirtelLtd. 1.27Industrial Products 1.15RamkrishnaForgingsLtd. 0.93UflexLtd. 0.22Minerals/Mining 0.98CoalIndiaLtd. 0.98Chemicals 0.60PhillipsCarbonBlackLtd. 0.60Auto Ancillaries 0.50AsahiIndiaGlassLtd. 0.50Construction 0.23ITDCementationIndiaLtd. 0.23Diversified Consumer Services 0.01CLEducateLtd. 0.01Total Equity 71.40BONDS & NCD 15.37 National Bank for Agriculture and Rural Development CRISIL AAA 1.71

Hindalco Industries Ltd CRISIL AA 1.47Indian Railway Finance Corporation Ltd CRISIL AAA 1.46Housing Development Finance Corporation Ltd CRISIL AAA 1.45

Piramal Enterprises Ltd [ICRA]AA 1.44Reliance Industries Ltd CRISIL AAA 1.17Bharat Petroleum Corporation Ltd CRISIL AAA 0.98Dewan Housing Finance Corporation Ltd¤ CARE A 0.91Dewan Housing Finance Corporation Ltd CARE A 0.79

RelianceJioInfocommLtd CRISIL AAA 0.72JamnagarUtilities&PowerPrivate Ltd CRISIL AAA 0.58

Vedanta Ltd CRISIL AA 0.55ICICI Bank Ltd [ICRA]AA+ 0.54Aspire Home Finance Corporation Ltd [ICRA]A+ 0.52

Export-ImportBankofIndia CRISIL AAA 0.30Piramal Enterprises Ltd [ICRA]AA 0.29Dewan Housing Finance Corporation Ltd CARE A 0.28

EssKayFincorpLtd IND A+(SO) 0.15Power Finance Corporation Ltd CRISIL AAA 0.06

Sovereign 4.72 7.16%GovernmentofIndia Sovereign 1.837.59%GovernmentofIndia Sovereign 0.996.84%GovernmentofIndia Sovereign 0.817.26%GovernmentofIndia Sovereign 0.407.37%GovernmentofIndia Sovereign 0.237.32%GovernmentofIndia Sovereign 0.237.17%GovernmentofIndia Sovereign 0.23Commercial Paper 3.43 Power Finance CorporationLtd. CRISIL A1+ 1.43

BergerPaintsIndiaLtd. CRISIL A1+ 1.15IndianOilCorporationLtd. CRISIL A1+ 0.85Certificate of Deposits 2.52 AxisBankLtd. CRISIL A1+ 1.38IDFCFirstBankLtd. [ICRA]A1+ 1.14Investment Funds/ Mutual Funds 0.95 PrincipalCreditRiskFund-DirectPlan-GrowthOption

Mutual Fund 0.95

Index Futures / Options 0.01 Cash & Cash Equivalents 1.61 Net Assets 100.00

20

Principal Balanced Advantage Fund(Erstwhile Principal SMART Equity Fund)

(AnOpen-endeddynamicassetallocationfund)

Investment Objective:Theprimaryobjectiveoftheschemeistoseektogeneratelongtermcapitalappreciationwithrelativelylowervolatilitythroughsystematicallocationoffundsintoequity;andindebt/moneymarketinstrumentsfordefensivepurposes.TheSchemewilldecideonallocationoffundsintoequityassetsbasedonequitymarketPriceEarningsRatio(PERatio)levels.Whenthemarketsbecomeexpensiveintermsof‘PricetoEarnings’Ratio;theSchemewillreduceitsallocationtoequitiesandmoveassetsintocashfuturearbitrage/equityderivatives,debtand/ormoneymarketinstrumentsandviceversa.

Portfolio


% to Net Assets

% to Net Assets

Deriva-tives

Banks 14.08 -7.80PunjabNationalBank 3.52 -3.55State Bank of India 3.43 -2.18ICICIBankLtd. 3.07 -2.07HDFCBankLtd. 1.85YesBankLtd. 0.78AxisBankLtd. 0.73KotakMahindraBankLtd. 0.70Pharmaceuticals 9.47 -8.79AurobindoPharmaLtd. 5.61 -5.66SunPharmaceuticalIndustriesLtd. 3.77 -3.04WockhardtLtd. 0.09 -0.09Finance 6.94 -5.15Multi Commodity Exchange ofIndiaLtd. 2.52 -2.55

Housing Development Finance CorporationLtd. 1.90 -1.16

IndiabullsHousingFinanceLtd. 1.43 -1.44


Petroleum Products 6.24 -5.07RelianceIndustriesLtd. 6.24 -5.07Power 5.51 -3.66AdaniPowerLtd. 3.49 -3.56NTPCLtd. 0.73PowerGridCorporationofIndiaLtd. 0.69

TataPowerCompanyLtd. 0.50

ReliancePowerLtd. 0.10 -0.10Consumer Non Durables 5.49 -1.86ITCLtd. 2.67 -1.38HindustanUnileverLtd. 1.04 -0.48BritanniaIndustriesLtd. 0.66DaburIndiaLtd. 0.56MaricoLtd. 0.56Auto 5.35 -5.39MarutiSuzukiIndiaLtd. 4.87 -4.91EscortsLtd. 0.33 -0.33TataMotorsLtd-A-DVR 0.15 -0.15Cement 4.35 -3.05ACCLtd. 1.99 -1.35CenturyTextiles&IndustriesLtd. 1.69 -1.70UltratechCementLtd. 0.67


Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV15-Mar-19 0.1123 14.33 0.1249 15.9315-Feb-19 0.1127 14.1700 0.1251 15.740017-Jan-19 0.1138 14.4200 0.1262 15.990017-Dec-18 0.1234 14.5200 0.1367 16.0900Past performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.TheschemefeaturesofPrincipalSMARTEquityFundhaschangedw.e.fJune4,2018







AUM:212.48


RegularPlan:December16,2010DirectPlan:January1,2013

Benchmark: 50%Nifty100TRI+35%CRISILShortTermBondIndex+15%NiftyArbitrageIndex

`Load StructureEntry Load: NILExit Load: 0.25% for redemptions within7 days from the date of allotment. [w.e.f.March01,2019]

Plans RegularPlan&DirectPlan.Options BoththePlansofferGrowth&MonthlyDividend Option. Monthly Dividend Optionunder both the Plans offers facility of Payout,ReinvestmentandSweep.

Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 4.03%Beta^ : 0.58Sharpe Ratio^ (Annualised) : -0.26 Portfolio Turnover Ratio** : 6.09Equity : 0.73Debt : 0.88Derivatives : 4.47

Fund Manager DetailsName: P.V.K.Mohan(ForEquityPortion)

&BekxyKuriakose (For Debt Portion)Managing Since: July2017&January2018




Sector Allocation of Equity Instruments (Top 10) (As on March 31, 2019) (% of NAV)

Banks 14.08% Pharmaceuticals 9.47% Finance 6.94% Petroleum Products 6.24% Power 5.51% Consumer Non Durables 5.49% Auto 5.35% Cement 4.35% Software 3.99% Non-FerrousMetals 0.88%


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

1Year(28-03-2018to29-03-2019) 6.22 10623.72 10.69 11071.64 16.40 11644.753Years(31-03-2016to29-03-2019) 7.98 12586.31 11.69 13924.68 16.10 15637.125Years(31-03-2014to29-03-2019) 9.46 15706.73 10.98 16833.41 13.07 18474.00SinceInception(16-12-2010to29-03-2019) 9.23 20780.00 9.41 21068.43 9.76 21639.75Different 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%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP(PointtoPoint) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.

Fund Details


% to Net Assets

% to Net Assets

Deriva-tives

Software 3.99 -1.59TataConsultancyServicesLtd. 2.44 -1.59InfosysLtd. 0.81TechMahindraLtd. 0.74Non - Ferrous Metals 0.88VedantaLtd. 0.88Construction Project 0.86Larsen&ToubroLtd. 0.86Fertilisers 0.79ChambalFertilisersandChemicalsLtd. 0.79Minerals/Mining 0.74CoalIndiaLtd. 0.74Telecom - Services 0.67BhartiAirtelLtd. 0.67Hotels, Resorts And Other Recreational Activities 0.65

TheIndianHotelsCompanyLtd. 0.65Ferrous Metals 0.61SteelAuthorityofIndiaLtd. 0.61Total Equity 66.62 -42.36BONDS & NCD 11.16 JMFinancialProductsLtd. CRISIL AA 2.81Dewan Housing Finance CorporationLtd. CARE A 2.62

VedantaLtd. CRISIL AA 2.35PiramalEnterprisesLtd. [ICRA]AA 1.41RelianceJioInfocommLtd. CRISIL AAA 1.04Dewan Housing Finance CorporationLtd. CARE A 0.93

Sovereign 0.95 7.16%GovernmentofIndia Sovereign 0.95Commercial Paper 5.62 BergerPaintsIndiaLtd. CRISIL A1+ 2.35RelianceIndustriesLtd. CRISIL A1+ 2.33SteelAuthorityofIndiaLtd. IND A1+ 0.94Certificate of Deposits 3.18 AxisBankLtd. CRISIL A1+ 2.25ICICIBankLtd. [ICRA]A1+ 0.93Treasury Bills 0.29


91DAYT-BILL Sovereign 0.06Cash & Cash Equivalents 12.18 Net Assets 100.00

Top 10 Equity HoldingsNET EQUITY LEVEL: 24.26


Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of Small Cap CompaniesOthersDebtCash & Other Assets

50.80%

12.27%3.40% 0.15%

21.20%12.18%

0%

20%

40%

60%

21

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-18 0.1842 12.7142 N.A. N.A.15-Jun-18 0.1528 12.6801 N.A. N.A.15-Dec-17 0.2213 12.7620 N.A. N.A.Half Yearly Dividend15-Jun-18 0.1400 12.0293 0.2100 11.909415-Dec-17 0.7400 12.6361 1.2200 12.9214Past performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)figuresareGrossDividend.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:65.94


RegularPlan:May23,2002DirectPlan:January1,2013Benchmark: 30%Nifty50+

70%CRISILLiquidFundIndex

`

Load StructureEntry Load: NILExit Load:Nil(w.e.fAugust02,2017)

Plans RegularPlan&DirectPlan.Options BoththePlansofferGrowth&Halfyearly andQuarterlyDividendOption.

Month End Quants of the Debt Portfolio (As on March 31, 2019)Average Maturity: 205 DaysModified Duration: 181 DaysGross Yield to Maturity: 8.17%Portfolio Turnover Ratio** : 5.54Equity : 0.49Debt : 0.18Derivatives : 4.87

Note:**ThePortfolioTurnoverRate(PTR)meansthelowerofaggregatesales 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 (AsonMarch31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.

Fund Manager DetailsName: P.V.K.Mohan (For Equity Portion)

&PankajJain (For Debt Portion)Managing Since: June2016&January2018



Regular Plan - 2.77%

`


Investment Objective: To provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investmentsindebtandmoneymarketinstruments.However,therecanbenoassurancethattheinvestmentobjectiveoftheSchemewillberealizedorthatincomewillbegeneratedandtheschemedoesnotassureorguaranteeanyreturns.


Banks 12.01% Software 11.23% Finance 7.59% Pharmaceuticals 7.01%

Consumer Non Durables 6.45%

Auto 5.86% Cement 4.35% Petroleum Products 3.37% Power 3.29% Telecom-Services 2.40%


Period Principal Equity Savings Fund

30% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index (Scheme’s Benchmark)

CRISIL 10 Year Gilt Index(Additional Benchmark)



1Year(28-03-2018to29-03-2019) 4.35 10436.34 10.36 11038.99 6.82 10683.833Years(31-03-2016to29-03-2019) 7.57 12440.58 9.95 13283.97 5.99 11902.175Years(31-03-2014to29-03-2019) 7.42 14306.41 9.50 15750.90 8.05 14730.73SinceInception(23-05-2002to29-03-2019) 7.86 35788.20 10.40 53035.07 6.60 29371.11Differentplansshallhaveadifferentexpensestructure.TheperformancedetailsprovidedhereinareofRegularPlan-Growthoption.Past performance may or may not be sustained in future.Returns(in%)arecalculatedonCompoundedAnnualisedBasis(CAGR).$PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable. Pleasereferpage33forannexureofreturnsforallschememanagedbythefundmanager.


% of NAV

% to Net Assets

Deriva-tives

Banks 12.01 -4.61State Bank of India 2.76 -1.47HDFCBankLtd. 2.30

PunjabNationalBank 2.03 -2.04

ICICIBankLtd. 1.52

Bank of Baroda 1.09 -1.10

KotakMahindraBankLtd. 1.01

AxisBankLtd. 0.78

YesBankLtd. 0.52

Software 11.23 -7.48InfosysLtd. 8.78 -7.48

TataConsultancyServicesLtd. 1.43

TechMahindraLtd. 1.02

Finance 7.59 -5.40Housing Development FinanceCorporationLtd. 6.88 -5.40

SBILifeInsuranceCompanyLtd. 0.71

Pharmaceuticals 7.01 -6.41AurobindoPharmaLtd. 3.21 -3.24SunPharmaceuticalIndustriesLtd. 2.32 -1.69

Dr.Reddy'sLaboratoriesLtd. 1.48 -1.48

Consumer Non Durables 6.45 -0.75

BritanniaIndustriesLtd. 1.71 -0.75GlaxoSmithKlineConsumerHealthcareLtd. 1.37

ITCLtd. 1.30

MaricoLtd. 1.07

DaburIndiaLtd. 1.00

Auto 5.86 -5.91MarutiSuzukiIndiaLtd. 4.78 -4.82

TataMotorsLtd-A-DVR 1.08 -1.09

Cement 4.35 -3.17CenturyTextiles&IndustriesLtd. 3.14 -3.17

ACCLtd. 1.21

Petroleum Products 3.37 -1.87RelianceIndustriesLtd. 3.37 -1.87

Power 3.29 -0.35

TataPowerCompanyLtd. 1.05


% of NAV

% to Net Assets

Deriva-tives

NTPCLtd. 0.99Power Grid Corporation of IndiaLtd. 0.90

RelianceInfrastructureLtd. 0.35 -0.35

Telecom - Services 2.40 -2.42BhartiAirtelLtd. 2.40 -2.42

Non - Ferrous Metals 1.31 -1.32

HindalcoIndustriesLtd. 1.31 -1.32



Auto Ancillaries 1.06 -1.07

ExideIndustriesLtd. 1.06 -1.07

Fertilisers 1.03Chambal Fertilisers and ChemicalsLtd. 1.03

Minerals/Mining 1.01

CoalIndiaLtd. 1.01

Industrial Products 0.88 -0.89

JainIrrigationSystemsLtd. 0.88 -0.89

Construction 0.80 -0.80

DLFLtd. 0.80 -0.80

Ferrous Metals 0.70

SteelAuthorityofIndiaLtd. 0.70

Total Equity 71.48 -42.45

BONDS & NCD 16.09

RelianceJioInfocommLtd CRISIL AAA 4.55Suryoday Small Finance Bank Ltd [ICRA]A 3.05

National Housing Bank IND AAA 3.05

Piramal Enterprises Ltd [ICRA]AA 2.57Power Finance Corporation Ltd CRISIL AAA 1.51Power Grid Corporation of India Ltd CRISIL AAA 0.79

EssKayFincorpLtd IND A+(SO) 0.57

Treasury Bills 0.12



Net Assets 100.00


Equity & Equity Related Instruments of Large Cap CompaniesEquity & Equity Related Instruments of Mid Cap CompaniesEquity & Equity Related Instruments of Small Cap Companies

DebtOthers

Cash & Other Assets

59.65%

8.84% 1.91% 1.08%16.21% 12.31%

0%

20%

40%

60%

80%

NET EQUITY LEVEL: 29.03


22

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)16-Aug-18 5.9512 1028.6756 6.0021 1028.743317-Jul-18 6.9517 1029.6761 7.0061 1029.747315-Jun-18 5.7679 1028.4923 5.8172 1028.5584Past 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

(Additional Benchmark)Returns

(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (28-03-2018 to 31-03-2019) -1.80 9818.87 7.62 10768.59 7.35 10741.333 Years (31-03-2016 to 31-03-2019) 4.01 11251.94 7.19 12317.52 6.81 12184.925 Years (31-03-2014 to 31-03-2019) 5.84 13288.85 7.72 14515.85 7.37 14279.18Since Inception (30-08-2004 to 31-03-2019) 6.90 26477.86 7.17 27465.43 6.17 23960.71Different 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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.


Rating Profile (As on March 31, 2019) (% of NAV)

95.95%

2.17%

1.88%

0.00% 20.00%40.00%60.00%80.00%100.00%

A1+

Sovereign

Cash & Cash Equivalents

Note: # Total Expense Ratio includes GST on management fees.

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: 305.36

AUM: 238.79


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

Benchmark: CRISIL Liquid Fund Index

`


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 March 31, 2019)Average Maturity: 48 DaysModified Duration: 45 DaysGross Yield to Maturity: 7.13%

Fund Manager DetailsName: Pankaj Jain

Managing Since: January 2012Total Experience: 16 years




Composition By Assets (As on March 31, 2019) (% of NAV)

Certificate of Deposits 49.40% Commercial Paper 46.55% Treasury Bills 2.17% Cash and Other Assets 1.88%

Name Rating % of NAV

Commercial Paper 46.55 Indian Railway Finance Corporation Ltd CRISIL A1+ 10.40 Housing Development Finance Corporation Ltd CRISIL A1+ 9.73 Power Grid Corporation of India Ltd CRISIL A1+ 8.71 Reliance Industries Ltd CRISIL A1+ 7.34 Berger Paints India Ltd CRISIL A1+ 4.17 Indian Oil Corporation Ltd CRISIL A1+ 4.12 NTPC Ltd [ICRA]A1+ 2.08 Certificate of Deposits 49.40 Bank of Baroda [ICRA]A1+ 10.36 ICICI Bank Ltd [ICRA]A1+ 10.33 Axis Bank Ltd CRISIL A1+ 9.07 Vijaya Bank CARE A1+ 8.89 Punjab National Bank [ICRA]A1+ 8.69 IDFC First Bank Ltd [ICRA]A1+ 2.06 Treasury Bills 2.17 91 DAY T-BILL Sovereign 2.17 Cash & Cash Equivalents 1.88 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.)

^The aggregate investments by other schemes of Principal Mutual Fund As on March 31, 2019: 0.53 Crore

(An open ended liquid scheme)Credit

Risk Rating [ICRA] A1+mfs++

23

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)[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 through investments in debt securities and money market instruments.

Dividend Update


Monthly Dividend (Last 3 Months)15-Mar-19 7.8697 1146.989 8.0461 1149.1215-Feb-19 2.6336 1141.7529 2.2227 1143.296617-Jan-19 8.5863 1147.7056 8.9541 1150.0280Past 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.



46.67%

19.42%

14.79%

13.39%

2.32%

0.50%

2.91%

0.00% 10.00%20.00%30.00%40.00%50.00%

A1+

A

AA

AAA

A+(SO)

Sovereign


Fund Details


Asset Under Managment (` Cr) MAAUM: 252.41

AUM: 242.56


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

Benchmark: CRISIL Low Duration Debt Index

`


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 March 31, 2019)Average Maturity: 239 DaysModified Duration: 206 DaysGross Yield to Maturity: 8.48%Macaulay Duration: 7.52 months








BONDS & NCD 49.92% Certificate of Deposits 46.67% Treasury Bills 0.50% Cash and Other Assets 2.91%

Past performance is no guarantee of future result. (++ for rating methodology please refer page 4.)


Period Principal Low Duration Fund

CRISIL Low Duration Debt Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (28-03-2018 to 29-03-2019) 6.28 10629.67 8.16 10818.78 7.36 10737.813 Years (31-03-2016 to 29-03-2019) 7.31 12351.93 7.89 12554.85 6.81 12180.925 Years (31-03-2014 to 29-03-2019) 7.71 14501.49 8.42 14987.01 7.37 14274.49Since Inception (14-09-2004 to 29-03-2019) 7.70 29402.20 7.54 28774.07 6.18 23933.18Different 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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

Portfolio


BONDS & NCD 49.92

Dewan Housing Finance Corporation Ltd CARE A 9.86


Piramal Enterprises Ltd [ICRA]AA 9.46


National Bank for Agriculture and Rural Development CRISIL AAA 6.14

JM Financial Products Ltd CRISIL AA 5.33

Ess Kay Fincorp Ltd IND A+(SO) 2.32

Certificate of Deposits 46.67

Small Industries Development Bank of India CRISIL A1+ 10.18

Bank of Baroda [ICRA]A1+ 9.25

IndusInd Bank Ltd CRISIL A1+ 8.14

IDFC First Bank Ltd [ICRA]A1+ 8.12

Axis Bank Ltd CRISIL A1+ 6.70

Punjab National Bank [ICRA]A1+ 1.63

Vijaya Bank CARE A1+ 1.43


Treasury Bills 0.50

91 DAY T-BILL Sovereign 0.50


Net Assets 100.00

Credit Risk Rating [ICRA] A1+mfs++

24

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


Monthly Dividend (Last 3 Months)15-Mar-19 0.1099 12.9293 0.1158 12.967615-Feb-19 0.0802 12.8996 0.0863 12.938117-Jan-19 0.1096 12.9290 0.1169 12.9687Past 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.



50.30%

17.20%

13.97%

10.64%

1.43%

0.59%

5.87%

0.00% 20.00% 40.00% 60.00%

AAA

AA

Sovereign

A

AA+

A1+



Fund Details



AUM: 223.22


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

Benchmark: CRISIL Short-Term Bond Fund Index

`


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

Month End Quants of the Debt Portfolio (As on March 31, 2019)Average Maturity: 2.40 yearsModified Duration: 1.86 yearsGross Yield to Maturity: 8.44%Macaulay Duration: 1.98 years

Fund Manager DetailsName: Gurvinder Singh Wasan

Managing Since: April 2011Total Experience: 15 years





BONDS & NCD 79.57% Sovereign 9.64%

State Government Securities 4.33%

Commercial Paper 0.59% Cash and Other Assets 5.87%

CARE AAAmfs++

Past performance is no guarantee of future result. (++ for rating methodology please refer page 4.)


Period Principal Short Term Debt Fund

CRISIL Short-Term Bond Fund Index


CRISIL 10 Year Gilt Index


(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


Portfolio

Name Rating % of NAVBONDS & NCD 79.57 Dewan Housing Finance Corporation Ltd CARE A 10.64 Small Industries Development Bank of India CARE AAA 10.59 NTPC Ltd CRISIL AAA 10.31 Piramal Enterprises Ltd [ICRA]AA 7.61 IIFL Home Finance Ltd [ICRA]AA 7.08 Reliance Industries Ltd CRISIL AAA 6.59 Reliance Jio Infocomm Ltd CRISIL AAA 5.64 Indiabulls Housing Finance Ltd BWR AAA 4.21 National Bank for Agriculture and Rural Development CRISIL AAA 4.21 Indian Railway Finance Corporation Ltd CRISIL AAA 3.87 Bharat Petroleum Corporation Ltd CRISIL AAA 2.13 Power Finance Corporation Ltd CRISIL AAA 1.48 HDFC Bank Ltd CRISIL AA+ 1.43 National Bank for Agriculture and Rural Development CRISIL AAA 1.27 JM Financial Products Ltd CRISIL AA 1.27 Piramal Enterprises Ltd [ICRA]AA 0.63 Hindalco Industries Ltd CRISIL AA 0.61

Sovereign 9.64

7.32% Government of India Sovereign 4.30 7.59% Government of India Sovereign 4.30 6.84% Government of India Sovereign 1.04 State Government Securities 4.33 8.35% State Government of Gujarat Sovereign 2.17 8.30% State Government of Gujarat Sovereign 2.16

Commercial Paper 0.59

Small Industries Development Bank of India CRISIL A1+ 0.59 Cash & Cash Equivalents 5.87 Net Assets 100.00


25

Principal Dynamic Bond Fund(An open ended dynamic debt scheme investing across duration)

Investment Objective: To generate regular income and capital appreciation/accretion through investment in debt instruments and related securities besides preservation of capital.

Portfolio

Dividend Update


Quarterly Dividend Option (Last 3 Quarters)15-Mar-19 0.2391 13.6294 0.2598 13.715517-Dec-18 0.3617 13.6933 0.3901 13.785517-Sep-18 0.0559 13.3265 0.1658 13.4975Annual Dividend Option (Last 3 Years)17-Sep-18 0.0473 11.3455 0.1460 11.767415-Sep-17 0.8390 12.1187 0.9571 12.557423-Sep-16 1.1602 12.4565 1.2865 12.9020Past 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.

Effective after the close of business hours on September 29, 2017 Principal Government Securities Fund has been merged into Principal Dynamic Bond Fund.



42.60%

32.73%

9.02%

6.56%

1.33%

7.76%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00%

AAA

Sovereign

A

A1+

AA(SO)


Fund Details



AUM: 75.30


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

Benchmark: CRISIL Composite Bond Fund Index

`

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

Plans Regular Plan & Direct Plan. Options Both the Plans offer Dividend & Growth Option.Dividend Frequencies Quarterly / Annual

Month End Quants of the Debt Portfolio (As on March 31, 2019)Average Maturity: 3.52 yearsModified Duration: 2.70 yearsGross Yield to Maturity: 7.83%


Fund Manager DetailsName: Bekxy Kuriakose






BONDS & NCD 52.95% Sovereign 32.73% Certificate of Deposits 6.56% Cash and Other Assets 7.76%


BONDS & NCD 52.95

Export-Import Bank of India CRISIL AAA 6.90

Indian Railway Finance Corporation Ltd CRISIL AAA 6.73

Jamnagar Utilities & Power Private Ltd CRISIL AAA 6.64

Housing Development Finance Corporation Ltd CRISIL AAA 6.62



Reliance Industries Ltd CRISIL AAA 6.45

Bharat Petroleum Corporation Ltd CRISIL AAA 2.67


Coastal Gujarat Power Ltd CARE AA(SO) 1.33

Sovereign 32.73

7.16% Government of India Sovereign 15.41








IDFC First Bank Ltd. [ICRA]A1+ 6.56


Net Assets 100.00

Maturity Profile

Period Portfolio (%)0-1 19.73

1-3 9.06

3-5 47.42

5-10 16.03

Cash & Others Assets 7.76


Period Principal Dynamic Bond Fund

CRISIL Composite Bond Fund Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


26

Principal Credit Risk Fund(An open ended debt scheme predominately investing in AA and below rated

corporate bonds (excluding AA+ rated corporate bonds))Investment Objective: To generate income and capital gains by predominantly investing in a portfolio of AA and below rated corporate debt securities across the credit spectrum within the investment grade.

Portfolio

Dividend Update


Monthly Dividend (Last 3 Months)15-Mar-19 9.0742 1244.5927 9.7345 1248.198415-Feb-19 6.0713 1241.5898 6.8461 1245.310017-Jan-19 10.1087 1245.6272 11.0452 1249.5091Past 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.



30.75%21.93%

16.73%9.41%

6.84%6.27%

2.75%0.09%

5.23%

0.00% 10.00% 20.00% 30.00% 40.00%

AAAAA

AAA(SO)

A1+A+

A+(SO)Sovereign


Fund Details



AUM: 79.17


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

Benchmark: NIFTY Credit Risk Bond Index

`

Load StructureEntry Load: NILExit Load: 1% exit load if redeemed on or before 365 days from the date of allotment. Nil - if redeemed after 365 days from the date of allotment.

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




Managing Since: January 01, 2018Total Experience: 15 years





BONDS & NCD 87.84% Commercial Paper 6.84% Treasury Bills 0.09% Cash and Other Assets 5.23%


BONDS & NCD 87.84

Coastal Gujarat Power Ltd CARE AA(SO) 9.41

Suryoday Small Finance Bank Ltd [ICRA]A 8.40

IIFL Home Finance Ltd [ICRA]AA 8.21

Reliance Jio Infocomm Ltd CRISIL AAA 7.83

Aspire Home Finance Corporation Ltd [ICRA]A+ 6.27


Vedanta Ltd CRISIL AA 5.54

Hindalco Industries Ltd CRISIL AA 5.34


Jamnagar Utilities & Power Private Ltd CRISIL AAA 5.22

Power Grid Corporation of India Ltd CRISIL AAA 4.24

Hindalco Industries Ltd CRISIL AA 3.85

Power Finance Corporation Ltd CRISIL AAA 3.12


Ess Kay Fincorp Ltd IND A+(SO) 2.75




Small Industries Development Bank of India CRISIL A1+ 3.72

Steel Authority of India Ltd. IND A1+ 3.12

Treasury Bills 0.09



Net Assets 100.00



Period Principal Credit Risk Fund

NIFTY Credit Risk Bond Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


27

Principal Corporate Bond Fund(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)

Investment Objective: To seeks to generate steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities and ratings while maintaining the optimum balance of yield, safety and liquidity.

Portfolio

Dividend Update


Monthly Dividend (Last 3 Months)15-Mar-19 0.0930 10.3552 0.2965 32.076315-Feb-19 0.0646 10.3268 0.2107 31.990517-Jan-19 0.0975 10.3597 0.3164 32.0962Quarterly Dividend (Last 3 Quarters)15-Mar-19 0.2519 12.3884 N.A. N.A.17-Dec-18 0.2280 12.3132 N.A. N.A.17-Sep-18 0.0911 12.1622 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.



71.45%

11.40%

5.95%

1.65%

0.22%

9.33%

0.00% 20.00% 40.00% 60.00% 80.00%

AAA

AA+

A

AA

Sovereign


Fund Details



AUM: 18.19


Regular Plan: December 30, 2003Direct Plan: January 1, 2013

Benchmark: CRISIL Short Term Bond Fund Index

`

Load StructureEntry Load: NILExit Load: If redeemed on or before 365 days from the date of allotment - 1%. [w.e.f. May 05, 2017]

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




Managing Since: January 01, 2018Total Experience: 15 years





BONDS & NCD 90.45% Treasury Bills 0.22% Cash and Other Assets 9.33%


BONDS & NCD 90.45


HDFC Bank Ltd CRISIL AA+ 8.70

Reliance Jio Infocomm Ltd CRISIL AAA 8.24

Power Finance Corporation Ltd CRISIL AAA 8.21


Indian Railway Finance Corporation Ltd CRISIL AAA 5.57

NTPC Ltd CRISIL AAA 5.57

Power Grid Corporation of India Ltd CRISIL AAA 5.57

Bharat Petroleum Corporation Ltd CRISIL AAA 5.52

Small Industries Development Bank of India CARE AAA 5.50




ICICI Bank Ltd [ICRA]AA+ 2.70



Treasury Bills 0.22



Net Assets 100.00


Period Principal Corporate Bond Fund

CRISIL Short Term Bond Fund Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


28

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. 22 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)16-Aug-18 5.6006 1064.4298 6.3884 1065.257017-Jul-18 7.3218 1066.1510 8.1643 1067.032915-Jun-18 6.0763 1064.9055 6.8383 1065.7069Past 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.


38.21%

37.96%

18.31%

0.56%

4.96%

0.00% 10.00% 20.00% 30.00% 40.00%

A1+

AAA

AA

Sovereign



BONDS & NCD 56.27 % Certificate of Deposits 23.37% Commercial Paper 14.84 % Treasury Bills 0.56 % Cash and Other Assets 4.96%

PortfolioData As on March 31, 2019


BONDS & NCD 56.27

Vedanta Ltd CRISIL AA 10.37



Indiabulls Housing Finance Ltd CRISIL AAA 9.98


JM Financial Products Ltd CRISIL AA 7.94


Power Grid Corporation of India Ltd. CRISIL A1+ 7.92

Reliance Industries Ltd. CRISIL A1+ 3.95

Housing Development Finance Corporation Ltd. CRISIL A1+ 2.97


IndusInd Bank Ltd CRISIL A1+ 9.85

ICICI Bank Ltd [ICRA]A1+ 5.92


Bank of Baroda [ICRA]A1+ 1.87

Treasury Bills 0.56



Net Assets 100.00


Period Principal Ultra Short Term Fund

CRISIL Liquid Fund Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


Fund Details



AUM: 50.11


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

Benchmark: CRISIL Liquid Fund 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.

Month End Quants of the Debt Portfolio (As on March 31, 2019)Average Maturity: 114 DaysModified Duration: 106 DaysGross Yield to Maturity: 7.49%Macaulay Duration: 3.85 months







29

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 20.23ICICI Bank Ltd. 4.27HDFC Bank Ltd. 4.14State Bank of India 2.99Kotak Mahindra Bank Ltd. 2.46Axis Bank Ltd. 1.56City Union Bank Ltd. 1.06Bank of Baroda 1.04Yes Bank Ltd. 0.83Canara Bank 0.70The Federal Bank Ltd. 0.68Karur Vysya Bank Ltd. 0.50Consumer Non Durables 8.43ITC Ltd. 2.55Dabur India Ltd. 1.39GlaxoSmithKline Consumer Healthcare Ltd. 1.35Marico Ltd. 1.22Britannia Industries Ltd. 1.11Bombay Burmah Trading Corporation Ltd. 0.81Software 5.56Tata Consultancy Services Ltd. 2.54Infosys Ltd. 2.27HCL Technologies Ltd. 0.75Petroleum Products 5.07Reliance Industries Ltd. 5.07Power 3.91Tata Power Company Ltd. 1.86NTPC Ltd. 1.22Kalpataru Power Transmission Ltd. 0.83Construction Project 3.44Larsen & Toubro Ltd. 2.76Hindustan Construction Company Ltd. 0.68Finance 3.04Housing Development Finance Corporation Ltd. 1.89

Shriram Transport Finance Company Ltd. 0.62ICICI Prudential Life Insurance Company Ltd. 0.53Auto 2.61Maruti Suzuki India Ltd. 0.80Mahindra & Mahindra Ltd. 0.69Bajaj Auto Ltd. 0.63Hero MotoCorp Ltd. 0.49


Period Principal Retirement Savings Fund -

Progressive Plan

Nifty 200 FullMarketcap Index





1 Year (28-03-2018 to 29-03-2019) 5.08 10508.94 11.89 11192.04 16.40 11644.753 Years (31-03-2016 to 29-03-2019) 11.77 13956.18 16.01 15601.33 16.10 15637.12Since Inception (14-12-2015 to 29-03-2019) 10.21 13770.70 14.72 15712.02 15.04 15858.67Different 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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager. Above 3 years performance of Principal Retirement Savings Fund - Progressive Plan is not given as the scheme have not been in existence for 5 years.


Name % of NAVPharmaceuticals 2.30Sun Pharmaceutical Industries Ltd. 0.90Abbott India Ltd. 0.79Dishman Carbogen Amcis Ltd. 0.61Cement 1.83The India Cements Ltd. 0.91JK Cement Ltd. 0.47Birla Corporation Ltd. 0.45Fertilisers 1.65Chambal Fertilisers and Chemicals Ltd. 1.65Hotels, Resorts And Other Recreational Activities 1.55

The Indian Hotels Company Ltd. 1.55Auto Ancillaries 1.45Asahi India Glass Ltd. 0.87Rico Auto Industries Ltd. 0.58Consumer Durables 1.36Bajaj Electricals Ltd. 1.36Telecom - Services 1.25Bharti Airtel Ltd. 1.25Ferrous Metals 1.24Kirloskar Ferrous Industries Ltd. 0.78Steel Authority of India Ltd. 0.46Minerals/Mining 0.88Coal India Ltd. 0.88Non - Ferrous Metals 0.83Hindustan Zinc Ltd. 0.57National Aluminium Company Ltd. 0.26Industrial Products 0.82Ramkrishna Forgings Ltd. 0.82Construction 0.39Gayatri Projects Ltd. 0.39Diversified Consumer Services 0.24CL Educate Ltd. 0.24Total Equity 68.08Commercial Paper 5.96 Reliance Industries Ltd. CRISIL A1+ 5.96 Treasury Bills 0.60 91 DAY T-BILL Sovereign 0.60 Cash & Cash Equivalents 25.36 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: 1.66


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

Benchmark: Progressive Plan - Nifty 200 Full Market-cap 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)

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 8.80% risk free rate of return (1 days - MIBOR Rate As on March 29, 2019). # 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. Total Expense Ratio includes GST on management fees.

Expense Ratio# (As on March 29, 2019)Direct Plan - 1.75%Regular Plan - 2.34%

`


Fund Manager DetailsName: P.V.K. Mohan

Managing Since: June 2018Total Experience: 25 years


Banks 20.23% Consumer Non Durables 8.43% Software 5.56% Petroleum Products 5.07% Power 3.91% Construction Project 3.44% Finance 3.04% Auto 2.61% Pharmaceuticals 2.30% Cement 1.83%


$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 March 29, 2019)Standard Deviation^ (Annualised): 10.00%Beta^ : 0.75Sharpe Ratio^ (Annualised) : 0.28

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 Derivatives

Banks 13.68 -6.51Axis Bank Ltd. 7.04 -6.51HDFC Bank Ltd. 1.58


ICICI Bank Ltd. 1.24

Kotak Mahindra Bank Ltd. 0.65

Bank of Baroda 0.42

Yes Bank Ltd. 0.35

City Union Bank Ltd. 0.35

Canara Bank 0.28

The Federal Bank Ltd. 0.27

Karur Vysya Bank Ltd. 0.20

Finance 10.10 -8.98Indiabulls Housing Finance Ltd. 8.95 -8.98Housing Development Finance Corporation Ltd. 0.67Shriram Transport Finance Company Ltd. 0.26ICICI Prudential Life Insurance Company Ltd. 0.22

Ferrous Metals 8.12 -7.75Tata Steel Ltd. 7.69 -7.75

Kirloskar Ferrous Industries Ltd. 0.25

Steel Authority of India Ltd. 0.18

Auto 8.00 -7.01Maruti Suzuki India Ltd. 7.24 -7.01

Mahindra & Mahindra Ltd. 0.29

Bajaj Auto Ltd. 0.26

Hero MotoCorp Ltd. 0.21

Software 7.94 -5.72Wipro Ltd. 5.67 -5.72

Tata Consultancy Services Ltd. 1.03

Infosys Ltd. 0.92

HCL Technologies Ltd. 0.32

Pharmaceuticals 6.42 -4.86Dr. Reddy's Laboratories Ltd. 4.83 -4.86

Sun Pharmaceutical Industries Ltd. 0.98

Abbott India Ltd. 0.36

Dishman Carbogen Amcis Ltd. 0.25

Media & Entertainment 4.37 -4.39Sun TV Network Ltd. 4.37 -4.39

Consumer Non Durables 3.37

ITC Ltd. 1.06

Dabur India Ltd. 0.56GlaxoSmithKline Consumer Healthcare Ltd. 0.55


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

Name % of NAV% to Net

Assets Derivatives

Britannia Industries Ltd. 0.47

Marico Ltd. 0.40Bombay Burmah Trading Corporation Ltd. 0.33

Petroleum Products 1.97Reliance Industries Ltd. 1.97

Construction Project 1.46Larsen & Toubro Ltd. 1.35Hindustan Construction Company Ltd. 0.11

Power 1.36

Tata Power Company Ltd. 0.53

NTPC Ltd. 0.50

Kalpataru Power Transmission Ltd. 0.33

Cement 0.74

The India Cements Ltd. 0.37

JK Cement Ltd. 0.19

Birla Corporation Ltd. 0.18Hotels, Resorts And Other Recreational Activities 0.62

The Indian Hotels Company Ltd. 0.62


Coal India Ltd. 0.60

Fertilisers 0.58Chambal Fertilisers and Chemicals Ltd. 0.58


Bajaj Electricals Ltd. 0.55


Asahi India Glass Ltd. 0.35


Ramkrishna Forgings Ltd. 0.34


Hindustan Zinc Ltd. 0.23

National Aluminium Company Ltd. 0.10

Telecom - Services 0.16

Bharti Airtel Ltd. 0.16


Commercial Paper 6.89 Reliance Industries Ltd. CRISIL A1+ 6.89

Treasury Bills 1.38



Net Assets 100.00

Fund Details



RWP- ` 500$

6 installments each


AUM: 1.44 `




Benchmark: Conservative Plan - 30% Nifty 50 + 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 13.68% Finance 10.10% Ferrous Metals 8.12% Auto 8.00% Software 7.94% Pharmaceuticals 6.42% Media & Entertainment 4.37% Consumer Non Durables 3.37% Petroleum Products 1.97% Construction Project 1.46%


Period Principal Retirement Savings Fund -

Conservative Plan

30% Nifty 50 TRI + 70%CRISIL LiquidFund Index


CRISIL 10 YearGilt Index

(Additional Benchmark)



1 Year (28-03-2018 to 29-03-2019) 2.96 10297.13 10.36 11038.99 6.82 10683.833 Years (31-03-2016 to 29-03-2019) 6.90 12211.58 9.95 13283.97 5.99 11902.17Since Inception (14-12-2015 to 29-03-2019) 6.76 12403.30 9.73 13575.34 6.69 12375.19Different 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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.Above 3 years performance of Principal Retirement Savings Fund - Conservative Plan is not given as the scheme have not been in existence for 5 years.



Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 3.09%Beta^ : 0.67Sharpe Ratio^ (Annualised) : -0.67

31

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

Name % of NAV % to Net Assets Derivatives

Banks 13.45HDFC Bank Ltd. 2.89ICICI Bank Ltd. 2.69State Bank of India 2.10

Axis Bank Ltd. 1.38

City Union Bank Ltd. 1.01

Kotak Mahindra Bank Ltd. 0.98

Yes Bank Ltd. 0.87

Canara Bank 0.60

Bank of Baroda 0.50

Karur Vysya Bank Ltd. 0.43

Pharmaceuticals 10.80 -8.89Dr. Reddy's Laboratories Ltd. 8.84 -8.89Sun Pharmaceutical Industries Ltd. 0.78

Abbott India Ltd. 0.65

Dishman Carbogen Amcis Ltd. 0.53

Cement 9.37 -8.23Grasim Industries Ltd. 8.18 -8.23

The India Cements Ltd. 0.80

Birla Corporation Ltd. 0.39

Auto 8.65 -6.41Maruti Suzuki India Ltd. 7.04 -6.41

Mahindra & Mahindra Ltd. 0.60

Bajaj Auto Ltd. 0.56

Hero MotoCorp Ltd. 0.45

Consumer Non Durables 6.44ITC Ltd. 1.99

Britannia Industries Ltd. 1.02GlaxoSmithKline Consumer Healthcare Ltd. 1.01

Dabur India Ltd. 1.00

Marico Ltd. 0.71Bombay Burmah Trading Corporation Ltd. 0.71

Software 3.80Tata Consultancy Services Ltd. 1.78

Infosys Ltd. 1.37

HCL Technologies Ltd. 0.65


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

Name % of NAV % to Net Assets Derivatives

Power 2.85

Tata Power Company Ltd. 1.24

NTPC Ltd. 0.89Kalpataru Power Transmission Ltd. 0.72

Petroleum Products 2.20Reliance Industries Ltd. 2.20

Construction Project 2.05Larsen & Toubro Ltd. 1.48Hindustan Construction Company Ltd. 0.57

Finance 1.61Housing Development Finance Corporation Ltd. 1.15

ICICI Prudential Life Insurance Company Ltd. 0.46

Hotels, Resorts And Other Recreational Activities 1.36

The Indian Hotels Company Ltd. 1.36

Fertilisers 1.24Chambal Fertilisers and Chemicals Ltd. 1.24


Bajaj Electricals Ltd. 1.19


Coal India Ltd. 0.77


Asahi India Glass Ltd. 0.75

Telecom - Services 0.74

Bharti Airtel Ltd. 0.74


Ramkrishna Forgings Ltd. 0.72

Ferrous Metals 0.68

Kirloskar Ferrous Industries Ltd. 0.68


Commercial Paper 6.30 Reliance Industries Ltd. CRISIL A1+ 6.30

Treasury Bills 1.26



Net Assets 100.00

Fund Details



RWP- ` 500$

6 installments each


AUM: 0.79 `




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)

Expense Ratio# (As on March 29, 2019)Direct Plan - 1.29 %Regular Plan - 1.89 %

`






Banks 13.45% Pharmaceuticals 10.80% Cement 9.37% Auto 8.65% Consumer Non Durables 6.44% Software 3.80% Power 2.85% Petroleum Products 2.20% Construction Project 2.05% Finance 1.61%


Period Principal Retirement Savings Fund - Moderate

Plan

CRISIL Hybrid 35 + 65 - Aggressive Index*


Nifty 50 TRI(Additional Benchmark)



1 Year (28-03-2018 to 29-03-2019) 3.96 10396.95 10.44 11046.51 16.40 11644.753 Years (31-03-2016 to 29-03-2019) 8.86 12892.95 13.27 14524.47 16.10 15637.12Since Inception (14-12-2015 to 29-03-2019) 7.69 12760.80 12.57 14765.48 15.04 15858.67Different 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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.Please refer page 33 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.Above 3 years performance of Principal Retirement Savings Fund - Moderate Plan is not given as the scheme have not been in existence for 5 years.



Ratios & Other Details (As on March 29, 2019)Standard Deviation^ (Annualised): 5.76%Beta^ : 0.66Sharpe Ratio^ (Annualised) : -0.02

32

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 March 31, 2019

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: 15.42


Regular Plan: March 29, 2004Direct Plan: January 2, 2013

Benchmark: MSCI All Country World Small Cap Index

`

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.


`


Fund Manager DetailsName: Rajat Jain

Managing Since: March 2004Total Experience: 29 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. Total Expense Ratio includes GST on management fees.

Name Industry % of NAVMutual Fund Units / Exchange Traded Funds 100.45 PGIF Origin Global Smaller Companies Fund - Usd I Class Accumulation Mutual Fund 100.45

Treasury Bills 0.06 91 DAY T-BILL Sovereign 0.06 Cash & Cash Equivalents -0.51Net Assets 100.00

Name % of NAV

Beach Energy Limited 1.12JENOPTIK AG 1.01Deckers Outdoor Corporation 0.97Fox Factory Holding Corp. 0.94Elecom Co., Ltd. 0.90POSCO Chemtech Co., Ltd 0.86Toei Animation Co., Ltd. 0.86Amedisys, Inc. 0.87TCI Co. Ltd. 0.83Entertainment One Ltd. 0.84Diploma PLC 0.83NS Solutions Corporation 0.80Globaltrans Investment Plc Sponsored GDR RegS 0.78Bolsa Mexicana de Valores SAB de CV Class A 0.77Ladder Capital Corp. Class A 0.77JD Sports Fashion Plc 0.79Barco NV 0.75Realtek Semiconductor Corp 0.71Aaron's, Inc. 0.77Medpace Holdings, Inc. 0.73TIS Inc. 0.76NMI Holdings, Inc. Class A 0.73Megacable Hldgs SAB de CV Cert Part Ord Cons of 2 A 0.70LHC Group, Inc. 0.74Steadfast Group Limited 0.72Bechtle AG 0.73Mastercraft Boat Holdings, Inc. 0.69Genworth MI Canada Inc. 0.70HomeServe plc 0.73Forward Air Corporation 0.71Green Dot Corporation Class A 0.71PT Bukit Asam Tbk 0.65Serba Dinamik Holdings Bhd 0.66Tricon Capital Group Inc. 0.67Kyowa Exeo Corporation 0.69Northern Star Resources Ltd 0.70DTS Corporation 0.66Houlihan Lokey, Inc. Class A 0.66NV5 Global Inc 0.65Generac Holdings Inc. 0.67Trex Company, Inc. 0.68Novatek Microelectronics Corp. 0.62TRANCOM Co., Ltd. 0.62St. Barbara Ltd. 0.64Chailease Holding Co. Ltd. 0.61Exxaro Resources Limited 0.61OneMain Holdings, Inc. 0.65ASGN Inc 0.65Atkore International Group Inc. 0.61Hub Group, Inc. Class A 0.61Gentherm Incorporated 0.60New Hope Corporation Limited 0.59Appen Ltd. 0.60Ingevity Corporation 0.64Mellanox Technologies, Ltd. 0.63COMSYS Holdings Corporation 0.61Sandfire Resources NL 0.57LGI Homes, Inc. 0.56Xtep International Holdings Limited 0.55Lifco AB Class B 0.54Malibu Boats Inc Class A 0.54Computacenter Plc 0.55Insight Enterprises, Inc. 0.56MSA Safety, Inc. 0.59Meet Group Inc 0.53PT Indo Tambangraya Megah Tbk 0.52Reply S.p.A. 0.54Koshidaka Holdings Co., Ltd. 0.53Polypipe Group PLC 0.53Radian Group Inc. 0.58TCS Group Holding Plc Sponsored GDR Class A RegS 0.51Leroy Seafood Group ASA 0.54Egis Technology, Inc. 0.51GB Group PLC 0.53Evercore Inc Class A 0.56Thanachart Capital Public Co., Ltd.(Alien Mkt) 0.51Zhejiang Expressway Co. Ltd. Class H 0.50SalMar ASA 0.54First Defiance Financial Corp. 0.51Greencore Group Plc 0.52American Equity Investment Life Holding Company 0.54Companhia de Locacao das Americas 0.50Warrior Met Coal, Inc. 0.51Meritor, Inc. 0.52Inphi Corporation 0.52Parade Technologies, Ltd. 0.51Zenrin Co., Ltd. 0.51Assore Limited 0.49PT ACE Hardware Indonesia Tbk 0.50Kadant Inc. 0.50Asbury Automotive Group, Inc. 0.51Digital Arts Inc. 0.50

Name % of NAV

Consun Pharmaceutical Group Ltd. 0.49Austevoll Seafood ASA 0.50Grupo Aeroportuario del Centro Norte SAB de CV Class B 0.51Britvic plc 0.53China Tian Lun Gas Holdings Limited 0.49Essent Group Ltd. 0.53Yangzijiang Shipbuilding (Holdings) Ltd. 0.48Hansol Chemical Co., Ltd 0.49Alten SA 0.52AMC Networks Inc. Class A 0.52Kforce Inc. 0.49Chipbond Technology Corporation 0.49Banco ABC Brasil SA Conv Pfd 0.48ATS Automation Tooling Systems Inc. 0.49Interroll Holding AG 0.48Enanta Pharmaceuticals, Inc. 0.49Solutions 30 SE 0.48Loomis AB Class B 0.50Haseko Corporation 0.51Regis Resources Limited 0.49Choice Hotels International, Inc. 0.50S&T AG 0.47Meritz Securities Co., Ltd 0.47Itochu Techno-Solutions Corporation 0.49Kaufman & Broad SA 0.46Future plc 0.46EDP - Energias do Brasil S.A. 0.47Tokyo Seimitsu Co., Ltd 0.46Howden Joinery Group PLC 0.50Chlitina Holding Ltd. 0.45Orion Engineered Carbons SA 0.44MGIC Investment Corporation 0.51En-Japan Inc. 0.45Mercer International Inc. 0.44Takeuchi Mfg.Co., Ltd. 0.44Tekfen Holding Anonim Sirketi 0.45IGG, Inc. 0.45Landstar System, Inc. 0.49Molina Healthcare, Inc. 0.54Capcom Co., Ltd. 0.45Sul America SA Ctf de Deposito de Acoes Cons of 1 Sh + 2 Pfd Shs 0.42Colliers International Group Inc. 0.46SYNNEX Corporation 0.48EMCOR Group, Inc. 0.48Magellan Financial Group Ltd 0.46Mycronic AB 0.43Tegma Gestao Logistica S.A. 0.41PT Japfa Comfeed Indonesia Tbk Class A 0.42SLM Corp 0.48Zhen Ding Technology Holding Limited 0.40PGT Innovations, Inc. 0.41Maeda Kosen Co., Ltd. 0.40John Laing Group Plc 0.43Sleep Number Corporation 0.41Simplo Technology Co. Ltd. 0.41PRA Health Sciences, Inc. 0.48Estacio Participacoes S.A. 0.41Innospec Inc. 0.41Kyudenko Corporation 0.40Radiant Opto-Electronics Corp. 0.40ProPetro Holding Corp. 0.40Fabrinet 0.41Health Insurance Innovations, Inc. Class A 0.37Best World International Limited 0.38INTER ACTION Corporation 0.37METAWATER Co.Ltd. 0.37KLA-Tencor Corporation 0.36Towa Pharmaceutical Co., Ltd. 0.37Sawai Pharmaceutical Co., Ltd. 0.39Equitable Group Inc. 0.37Marcus & Millichap, Inc. 0.37Saracen Mineral Holdings Limited 0.38Bellway p.l.c. 0.43Feng Tay Enterprise Co., Ltd. 0.35Comfort Systems USA, Inc. 0.37Compania de Distribucion Integral Logista Holdings S.A. 0.36New York Mortgage Trust, Inc. 0.35Betsson AB Class B 0.35RWS Holdings plc 0.35Oshkosh Corp 0.40Addus HomeCare Corporation 0.33Pacific Textiles Holdings Limited 0.33Redde plc 0.32Westshore Terminals Investment Corporation 0.32Chemed Corporation 0.38MTY Food Group Inc. 0.32MAXIMUS, Inc. 0.36Dorman Products, Inc. 0.33Giken Ltd. 0.29YA-MAN Ltd. 0.24Cash 1.46Total 100.00

Principal Global Investor Fund - Origin Global Smaller Companies Fund (Underlying Fund) as on February 28, 2019

Regional Allocation of underlying fund (As on February 28, 2019) (% of NAV)

North America 39.29% Emerging Markets 20.18% Japan 13.14% Europe Ex Uk 10.04% United Kingdom 8.39% Asia Ex Japan 7.50% Cash 1.46%

Sector Allocation of underlying fund (As on February 28, 2019) (% of NAV)

Industrials 23.26% Information Technology 19.02% Financials 13.54% Consumer Discretionary 12.41% Materials 7.10% Health Care 5.85% Communication Services 5.33% Consumer Staples 4.98% Energy 4.59% Real Estate 1.50% Utilities 0.96% Cash 1.46%


Period Principal Global Opportunities Fund

MSCI All Country World Small Cap Index - TRI



^Returns (%)

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

1 Year (28-03-2018 to 29-03-2019) -6.91 9307.48 4.86 10486.88 16.40 11644.75

3 Years (31-03-2016 to 29-03-2019) 9.92 13273.94 12.16 14101.05 16.10 15637.12

5 Years (31-03-2014 to 29-03-2019) 5.06 12798.38 9.14 15482.76 13.07 18474.00

Since Inception (29-03-2004 to 29-03-2019) 6.97 27489.00 12.19 56224.99 14.90 80368.49

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. Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable. ^ Growth OptionPlease refer page 33 for annexure of returns for all scheme managed by the fund manager.

33

Annexure for returns of all the schemes (as on 29th March 2019)

Scheme Name 1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

Since Inception CAGR (%)

Date of Inception

FUNDS MANAGED BY MR. DHIMANT SHAH (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Emerging Bluechip Fund 0.30 17.08 21.09 25.32

12-11-2008NIFTY Large Midcap 250 Index - TRI 6.44 16.61 17.05 18.53Principal Focused Multicap Fund 8.32 13.48 12.73 14.77

11-11-2005S&P BSE 250 Large Midcap - TRI 11.44 16.20 14.56 13.53Principal Dividend Yield Fund 4.63 17.60 14.59 12.22

15-10-2004Nifty Dividend Opportunities 50 - TRI 10.06 17.42 12.52 NA

FUNDS MANAGED BY MR. P.V.K. MOHAN (TOTAL SCHEMES MANAGED : 9 SCHEMES)Principal Multi Cap Growth Fund 2.78 16.98 16.64 15.53

25-10-2000Nifty 500 Index - TRI 9.70 15.88 14.42 15.91Principal Tax Savings Fund 2.43 16.68 16.45 16.20

31-03-1996Nifty 500 Index - TRI$ 9.70 15.88 14.42 13.65Principal Personal Tax Saver Fund 3.13 11.31 11.43 19.32

31-03-1996Nifty 500 Index - TRI$ 9.70 15.88 14.42 13.65Principal Balanced Advantage Fund (Equity Portion) 6.22 7.98 9.46 9.23

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 10.69 11.69 10.98 9.41

Principal Hybrid Equity Fund (Equity Portion) 5.95 16.63 15.15 11.2814-01-2000

CRISIL Hybrid 35+65 - Aggressive Index** 10.44 13.27 12.75 NAPrincipal Equity Savings Fund (Equity Portion) 4.35 7.57 7.42 7.86

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 10.36 9.95 9.50 10.40Principal Retirement Savings Fund(Conservative Plan) 2.96 6.90 NA 6.76

14-12-201530% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 10.36 9.95 NA 9.73Principal Retirement Savings Fund(Progressive Plan) 5.08 11.77 NA 10.21

14-12-2015Nifty 200 Full Marketcap Index 11.89 16.01 NA 14.72Principal Retirement Savings Fund(Moderate Plan) 3.96 8.86 NA 7.69

14-12-2015CRISIL Hybrid 35+65 - Aggressive Index** 10.44 13.27 NA 12.57

FUNDS MANAGED BY MR. PANKAj jAIN (TOTAL SCHEMES MANAGED : 4 SCHEMES)Principal Cash Management Fund

{as on 31st March 2019}-1.80 4.01 5.84 6.90

30-08-2004CRISIL Liquid Fund Index 7.62 7.19 7.72 7.17Principal Low Duration Fund 6.28 7.31 7.71 7.70

14-09-2004CRISIL Low Duration Debt Index 8.16 7.89 8.42 7.54Principal Ultra Short Term Fund 1.33 5.02 6.59 6.29

28-12-2007CRISIL Liquid Fund Index 7.62 7.20 7.72 7.57Principal Equity Savings Fund (Debt Portion) 4.35 7.57 7.42 7.86

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 10.36 9.95 9.50 10.40

FUNDS MANAGED BY MR. GURVINDER SINGH WASAN (TOTAL SCHEME MANAGED : 3 SCHEMES)Principal Short Term Debt Fund 6.78 7.15 7.89 7.70

09-05-2003CRISIL Short Term Bond Fund Index 7.55 7.60 8.31 7.20Principal Credit Risk Fund 6.57 7.41 8.19 7.60

14-09-2004NIFTY Credit Risk Bond Index 6.97 8.29 9.16 8.75Principal Corporate Bond Fund 6.44 6.11 6.97 7.76

30-12-2003CRISIL Short Term Bond Fund Index 7.55 7.60 8.31 7.25

FUNDS MANAGED BY MR. RAjAT jAIN (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Nifty 100 Equal Weight Fund 3.67 10.85 9.54 10.60

27-07-1999Nifty 100 Equal Weight - TRI 2.67 13.20 13.21 NAPrincipal Arbitrage Fund -1.35 NA NA 3.15

21-04-2016Nifty 50 Arbitrage Index 5.35 NA NA 5.20Principal Global Opportunities Fund -6.91 9.92 5.06 6.97

29-03-2004MSCI All Country World Small Cap Index 4.86 12.16 9.14 12.19

FUNDS MANAGED BY MS. BEKxY KURIAKOSE (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Hybrid Equity Fund (Debt Portion) 5.95 16.63 15.15 11.28

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** 10.44 13.27 12.75 NAPrincipal Dynamic Bond Fund 5.77 7.07 8.31 7.42

09-05-2003CRISIL Composite Bond Fund Index 6.72 7.61 9.10 6.66Principal Balanced Advantage Fund (Debt Portion) 6.22 7.98 9.46 9.23

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 10.69 11.69 10.98 9.41

FUNDS MANAGED BY MR. SIDDARTH MOHTA (TOTAL SCHEMES MANAGED : 1 SCHEME)Principal Multi Cap Growth Fund 2.78 16.98 16.64 15.53

25-10-2000Nifty 500 Index - TRI 9.70 15.88 14.42 15.91Principal Arbitrage Fund was launched on 21st Apr 2016 and is yet to complete 3 years & 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. Dhimant Shah manages Principal Emerging Bluechip Fund (w.e.f. June 2011), Principal Focused Multicap Fund (w.e.f. July 2017) and Principal Dividend Yield Fund (w.e.f. December 2011)Mr. P.V.K. Mohan & Mr. Siddarth Mohta manages Principal Multi Cap Growth Fund (w.e.f. September 2010 & Aug 2018 respectively), Principal Tax Savings Fund (w.e.f. September 2010), Principal Personal Tax Saver Fund (w.e.f. July 2017), Principal Balanced Advantage Fund - Equity Portion (w.e.f. July 2017), Principal Hybrid Equity Fund - Equity Portion (w.e.f. May 2010), Principal Equity Savings Fund - Equity Portion (w.e.f. June 2016) and Principal Retirement Savings Fund (Conservative Plan-Progressive Plan-Moderate Plan) (w.e.f. June 2018)Mr. Pankaj Jain manages Principal Cash Management Fund (w.e.f. January 2012), Principal Low Duration Fund (w.e.f. January 2012), Principal Ultra Short Term Fund (w.e.f. January 2012) and Principal Equity Savings Fund - Debt Portion (w.e.f. January 01, 2018)Mr. Gurvinder Singh Wasan manages Principal Short Term Debt Fund (w.e.f. April 2011), Principal Credit Risk Fund and Principal Corporate Bond Fund (w.e.f. January 01, 2018)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 Dynamic Bond Fund (w.e.f. January 2013), and 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.

34

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

Principal Asset Management Private Limited (Formerly known as Principal Pnb Asset Management Company 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.

Principal Asset Management Private Limited (Formerly known as Principal Pnb Asset Management Company Private Limited) - ISC:

• 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:

Karvy Fintech Pvt. Ltd. (Unit: Principal Mutual Fund),

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

tep - principal mutual fund india › sites › default › files... · 4 how to read factsheet...

Documents