About Principal Retirement Savings Fund Conservative Plan Direct - Growth
Principal Retirement Savings Fund Conservative Plan Direct - Growth is a Balanced
mutual fund scheme from Principal Mutual Fund
. This scheme was launched on 14 Dec 2015 and is currently managed by its fund manager Ravi Gopalakrishnan
. It has an AUM of ₹1.19 Crores and the latest NAV decalared is ₹12.684 as on 03 Aug 2020 at 2:25 pm.
Principal Retirement Savings Fund Conservative Plan Direct - Growth scheme return performance in last 1 year is 1.71%, in last 3 years is 7.28% and 26.68% since scheme launch. The min. SIP amount to invest in this scheme is ₹2000.
The scheme seeks 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.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.