46,800 - Principal Mutual Fund India · MSCI India however did better than the MSCI EM (USD) index which was down 5.1%. FII flowswere negative at RS. 17,592 crores during the month,

1

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

Tax Savings Fund

Invest in

SAVE TAX UPTO 46,800*

Tax Savings Wealth Creation

FUNDS INSIGHTAugust, 2019

Mutual Fund

Website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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

This Product Is Suitable For Investors Who Are Seeking~-Long term Capital Growth with a three year lock-in.Investment in equity & equity related securities including equity derivatives of companies across

market capitalization. Investors understand that their principal will be at moderately high risk

*ELSS is eligible for deduction from taxable income under Section 80C of the Income tax Act, 1961. This implies that investor who is in highesttax slab can save taxes of Rs. 46,800 on investment of Rs.1.5 Lac made in ELSS for FY 2019 - 20 of Indian resident below the age of 60 years.

2

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 Small Cap Fund 15

Principal Focused Multicap Fund 16

Principal Dividend Yield Fund 17

Principal Nifty 100 Equal Weight Fund 18

Hybrid Funds

Principal Arbitrage Fund 19

Principal Hybrid Equity Fund 20

Principal Balanced Advantage Fund 21

Principal Equity Savings Fund 22

Fixed Income FundsPrincipal Cash Management Fund 23

Principal Low Duration Fund 24

Principal Short Term Debt Fund 25

Principal Dynamic Bond Fund 26

Principal Credit Risk 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: August 2019

• GDPgrowthforQ1,FY20cameinat5%(5.8%inQ4,FY19),whichwasmuchbelowconsensusestimates.Anecdotalevidence aroundweak private consumption demandwas confirmed by the numbers,with private consumption onlygrowing 3.1% during the quarter. Fixed investment grew at 4% during the quarter. The government is somewhatconstrainedinspendingtopushgrowthgiventheweakrevenuecollectionsandthefiscaldeficittargetof3.3%oftheGDPforFY20.AccordingtodatafromCGA,uniongovernmentexpenditure(tillJuly’19)isup7.7%yoy(FY20budgettargetforexpendituregrowthis14%).WedonotthinkthatthegovernmentwillusetheonetimeextradividendgivenbyRBItothegovernmenttostimulatetheeconomy,thoughthisamountdoesimprovegovernmentfinancesatthemargin.Inmonetarymeasures,theRBIhasbeensupportiveandcutratesforthefourthsuccessivetime(35bps)attheAugustmeeting.

• Thegovernmenthashowever,takenothermeasurestohelpbusiness.Ithasrolledbackthesurchargeonincome(imposedin the budget) from capital gains on equity investments and announced steps to improve ease of doing business and measures for short term stimulus. These include steps like expediting delayed payments to contractors, additionaldepreciationonpurchaseofvehicles(tillMarch’20),expeditingGSTrefundsetc.

• Inequitymarkets,theNiftywasdown0.85%duringthemonth.MSCIIndia(USD)wasdown3.2%astheRupeeweakenedsubstantiallyduringthemonth.MSCIIndiahoweverdidbetterthantheMSCIEM(USD)indexwhichwasdown5.1%.FIIflowswerenegativeatRS.17,592croresduringthemonth,whilemutualfundswerenetbuyersatRs.17,200crores.

• Globally,thelevelofpoliticaluncertaintyremainedhighwithcontinuednewsflowintheUS–Chinatradeissues,Brexitandadditionally,developmentsinArgentina.TheUSlabelledChinaa‘currencymanipulator”astheCNYbrokethelevelof7CNY/USD.Ittradedatarate7.16CNY/USDatthemonthend.Further,bothcountriesleviedadditionaltariffsonimportsfromeachother.

Equity Market Outlook

• There are both structural and cyclical issues behind the economic slowdown.While lower interest rates and selectgovernment steps to improvedemandwill help on the cyclical front, steps like focus on infrastructure and clearingcompanies’paymentfasterwillstructurallyhelptheeconomy.

• CorporateearningsnumbersforFY20areexpectedtobeweakerthanearlierforecastastheslowdownhasprolonged.Banks,whichareexpectedtodriveearningsgrowthinFY20,areshowingprofitgrowthslowerthanexpectedasinsolvencyresolutionsaredelayed,creditgrowthismoderateandneedforprovisions,whilemoderating,isstillmeaningful.Howeverassaidearlier,lowercrudeandcommodityprices,shouldbeapositiveformanufacturingcompanies.

• Thefallingbondyieldsaremakingequitiesrelativelyattractivefromanassetallocationperspective.Further,thecorrectionover the past one and half years in small and midcap stocks makes them relatively more attractive from a medium to long termperspective.

Data Item Growth

1 Month 1 yearMSCI EM Index (USD) -5.08 -6.78MSCI EM Index Local -2.74 -5.28MSCI World Index (USD) -2.24 -1.70Nifty 100 Equal Weight Index -1.19 -15.83Indian Rupee -3.79 -0.58Dollar Index (DXY) 0.41 3.97Crude Oil- Brent -7.27 -21.95CRB Index -3.97 -5.90Gold 7.54 26.32Copper -4.23 -5.00Iron Ore -25.91 39.83Cotton (Cotlook A Index) -6.67 -23.91JPMorganEMFXIndex -3.96 -1.98Data as on 31st August 2019.Source:Bloomberg,NSDLandSebi websites

Indicators July-19 August-19FIInetflows(Rs.Crs) -12,419 -17,592MutualFundnetflows(Rs.Crs) 15,084 17,200Exports (USD Billion) 25.01 26.33Imports (USD Billion) 40.29 39.76CPI 3.18 3.15IIP 3.10 2.00Dataason31stAugust2019.Souce:Bloomberg,NSDLandSebiwebsites

3

Fixed Income Market Update: August 2019• Duringthemonthwesawasharprallyintheshorttomediumsegmentofthedebtmarketwithyieldsfallingacross

moneymarkets,corporatebondsandgilts.RatecutbyRBIMPC,fallinglobalbondyields,growthworriesbothdomesticandglobal(onbackofrisingtradetensions)andamplebankingsystemliquiditywerethemainreasons.Howevertheten year and longer segment of govt bonds showed a divergent performance with yields rising 5 to 20 bps on back of supplyconcernsanddisappointmentoveruncertaintyofsovereignbondissuance.

• TheRBIMPCat itsMonetaryPolicyReviewmeetingconcludedon7thAugcutkeyratesby35bpsandmaintainedaccommodativestance.ItsstatementindicatedthatithadgivenhigherimportancetogrowthconcernsinthebackdropofstableCPIinflations.Thereporateisnowat5.40%.In2019RBIMPChasnotcutkeyratescumulativelyby110bpssinceFebruary2019.

• Duringthemonth,RBIreleasedtheReportbytheBimalJalanCommitteewhichhadbeenformedtoreviewtheexistingEconomicCapitalFramework.TheJalancommitteelaidoutthebroadprinciplesondividendtransfer.Itbrokedowneconomiccapitalinto"realizedequity"and"revaluationcapital".Mostimportantly,itclarifiedthatrevaluationbalanceswere"notdistributable",astheyrepresentedunrealizedvaluationgains.Thecommitteerecommendedthatthe"realisedequity"shouldbeintherangeof5.5-6.5%ofthebalancesheet.Thecentralboarddecidedtomaintainequityatthelowerendofthisspectrum,i.e.at5.5%.andthusanexcesstransferablefundsworthRs52,600crwillbetransferredtotheGovernment.TheactualeconomicRBIcapitalason30thJune,2019,standsat23.3%,wellwithinthe20-24.5%rangerecommendedbytheCommittee.Therefore,theentireyear'snetincomecanbepaidoutasregulardividend.ThusthetotalRBIdividendtransfertothegovernmentforFY20isRs1,76,000cr.Ofthis,Rs28,000crwasalreadypaidoutasinterimdividend.ThebalanceINR1,48,000crwillbetransferredtothegovernment.ThegovernmenthadbudgetedRs90,000crofRBIdividendthisyear.ThisisRs58000crhigherthanexpected.

• Thetenyrgiltbenchmarkclosedthemonthat6.56%,19bpshigherthanpreviousmonth.ThetenyrAAACorporatebondbenchmarkclosedat7.67%,2bpshigherthanpreviousmonth.ThefiveyrAAAcorporatebondbenchmarkclosedat7.36%,18bpslowerascomparedtopreviousmonth.TenyrSDLremainedinarangeof55-65bpsonanaveragetothetenyrgiltbenchmark.

• 1yearCDratesclosedsharplylowerat6.43%,45bpslowerthanpreviousmonth.1yrTbillyieldclosed23bpslowerat5.70%.3monthCDratesclosedat5.55,72bpslowerthanpreviousmonth.

• BrentCrudeoilpricesfellfurtherduringthemonthonbackofglobalgrowthworriesandendedthemonthatUSD59.2perbarrelcomparedtoUSD64perbarrelpreviousmonth.WithChinadevaluingtheYuanasaresponsetorisingtradetensions,otheremergingmarketcurrenciesincludingtheINRwerealsoaffected.INRdepreciatedto71.41ascomparedtoRs68.8inpreviousmonth.ForthemonthofAugust,FPIswerenetbuyersinthedebtmarkettothetuneofRs3530cr.India’sJuytradedeficitcameinatUSD13.43bn,lowerthantheUSD15.28bnreportedthepreviousmonth.

• JulyCPIdatareleasecameinat3.15%.WPIforJulycameat1.08%.

• JuneIndustrialproduction(IIP)growthcameat2%comparedto4.6%forpreviousmonth.India’srealGDPdatafortheJune2019qtrcameinat5%,sharplylowerthanestimatesreflectingfurthergrowthslowdown.

• ForthemonthbankslentonanaverageRs1,38,491CratvariousRBIliquidityfacilitiesputtogetherreflectingampleliquidityconditions.

Outlook:

• WeexpectBankingSystemliquiditytocontinuetoremaincomfortablethoughlowerthanAugustonbackofadvancetaxoutflows.

• Weexpectmoneymarketratestooverallremainrangeboundduringthemonth.

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Broad Indices

Nifty 50 11023 -0.85 -7.54 2.14 -5.63

S&P BSE Sensex 37333 -0.40 -6.00 4.09 -3.40

S&P BSE 100 11140 -0.63 -7.51 1.38 -7.30

S&P BSE 200 4609 -0.55 -7.57 1.02 -8.57

S&P BSE 500 14234 -0.63 -8.27 0.26 -10.17

S&P BSE MID CAP 13468 -1.29 -10.79 -5.94 -20.22

S&P BSE SMALL CAP 12535 -1.24 -15.69 -8.44 -27.10

Performance As on August 30, 2019*

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Sectoral Indices

S&P BSE AUTO 15768 1.92 -14.52 -16.15 -36.20

S&P BSE Bankex 30950 -5.32 -12.23 3.07 -2.50

S&P BSE CD 23420 4.82 -5.18 9.39 7.94

S&P BSE CG 16942 -3.50 -15.03 -0.85 -10.82

S&P BSE FMCG 11077 0.13 -3.83 -2.44 -13.27

S&P BSE HC 12875 1.35 -3.23 -6.43 -19.25

S&P BSE METAL 8524 -11.99 -20.75 -20.83 -38.33

S&P BSE Oil & Gas 13164 -0.55 -16.34 -4.63 -12.70

S&P BSE PSU 6349 -8.88 -18.87 -5.75 -19.71

S&P BSE Teck 7853 2.16 1.11 3.46 0.46

*Performanceforlessthanoneyearareabsolutereturns.Source-MFIExplorer

4

How to Read Factsheet

Fund Manager -Anemployeeoftheassetmanagementcompanysuchasamutualfundor life insurer,whomanages investmentsofthescheme.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 -Agroupofsecurities,usuallyamarketindex,whoseperformanceisusedasastandardorbenchmarktomeasureinvestmentperformance ofmutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-YearG-sec.

Entry Load -Amutualfundmayhaveasaleschargeorloadatthetimeofentryand/orexittocompensatethedistributor/agent.Entryloadischargedatthetimeaninvestorpurchasestheunitsofamutualfund.TheentryloadisaddedtotheprevailingNAVatthetimeofinvestment.Forinstance,iftheNAVis`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

++ ICRAhasassignedcreditriskratingof[ICRA]A1+mfstoPrincipalCashManagementFund.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.

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

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

Principal 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 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 (`)Regular Plan - Growth 95.83 Regular Plan - Growth 131.10 Regular Plan - Growth 191.26Regular Plan - Half Yearly Dividend Option 37.01 Regular Plan - Half Yearly Dividend Option 32.42 Regular Plan - Half Yearly Dividend Option 191.26Direct Plan - Growth 101.97 Direct Plan - Growth 137.70 Direct Plan - Growth 198.06Direct Plan - Half Yearly Dividend Option 77.64 Direct Plan - Half Yearly Dividend Option 41.24 Direct Plan - Half Yearly Dividend Option 198.06

Principal Nifty 100 Equal Weight Fund (`) Principal Focused Multicap Fund (`) Principal Dividend Yield Fund (`)Regular Plan - Growth 65.7518 Regular Plan - Growth 60.95 Regular Plan - Growth 49.41Regular Plan - Dividend 38.6436 Regular Plan - Half Yearly Dividend Option 24.15 Regular Plan - Half Yearly Dividend Option 20.80Direct Plan - Growth 67.7644 Direct Plan - Growth 63.79 Direct Plan - Growth 51.16Direct Plan - Dividend 39.8245 Direct Plan - Half Yearly Dividend Option 24.89 Direct Plan - Half Yearly Dividend Option 28.37

Principal Small Cap Fund (`) Principal Personal Tax Saver Fund (`)Regular Plan - Growth 9.2500 Regular Plan - Growth 178.87Regular Plan - Dividend 9.2500 Direct Plan - Growth 185.72Direct Plan - Growth 9.3000Direct Plan - Dividend 9.3000

Hybrid Funds

Principal Hybrid Equity Fund (`) Principal Balanced Advantage Fund (`) Principal Equity Savings Fund (`)Regular Plan - Growth 72.39 Regular Plan - Growth 20.24 Regular Plan - Growth 35.8614Regular Plan - Monthly Dividend Option 22.83 Regular Plan - Monthly Dividend Option 13.40 RegularPlan-QuaterlyDividendOption 12.3627Direct Plan - Growth 77.32 Direct Plan - Growth 21.76 Regular Plan - Half Yearly Dividend Option 11.7301Direct Plan - Monthly Dividend Option 28.10 Direct Plan - Monthly Dividend Option 15.01 Direct Plan - Growth 38.0663

DirectPlan-QuaterlyDividendOption 15.4793Direct Plan - Half Yearly Dividend Option 11.5753

Principal Arbitrage Fund (`)Regular Plan - Growth 11.1585Regular Plan - Monthly Dividend Option 10.0879Direct Plan - Growth 11.3893Direct Plan - Monthly Dividend Option 10.1751

Fixed Income Funds

Principal Cash Management Fund* (`) Principal Low Duration Fund (`) Principal Short Term Debt Fund (`)Regular Plan - Growth 1697.6132 Regular Plan - Growth 2528.6188 Regular Plan - Growth 30.6644Regular Plan - Daily Dividend Option 976.3994 Regular Plan - Daily Dividend Option 863.3191 Regular Plan - Monthly Dividend Option 12.0325Regular Plan - Weekly Dividend Option 982.0684 Regular Plan - Weekly Dividend Option 863.4614 Direct Plan - Growth 32.2127Regular Plan - Monthly Dividend Option 1002.0523 Regular Plan - Monthly Dividend Option 979.2643 Direct Plan - Monthly Dividend Option 12.0820Direct Plan - Growth 1706.4065 Direct Plan - Growth 2626.3594Direct Plan - Daily Dividend Option 976.9170 Direct Plan - Daily Dividend Option 865.7048Direct Plan - Weekly Dividend Option 983.2806 Direct Plan - Weekly Dividend Option 864.4064Direct Plan - Monthly Dividend Option 1002.8893 Direct Plan - Monthly Dividend Option 982.1437

Principal Dynamic Bond Fund (`) Principal Credit Risk Fund (`) Principal Ultra Short Term Fund (`)Regular Plan - Growth 29.6287 Regular Plan - Growth 2779.8029 Regular Plan - Growth 2043.1895RegularPlan-QuaterlyDividendOption 12.7640 Regular Plan - Monthly Dividend Option 1177.1871 Regular Plan - Daily Dividend Option 1005.4300Regular Plan - Annually Dividend Option 11.3601 Direct Plan - Growth 2871.4487 Regular Plan - Weekly Dividend Option 1019.0982Direct Plan - Growth 31.1359 Direct Plan - Monthly Dividend Option 1183.4541 Regular Plan - Monthly Dividend Option 1061.6329DirectPlan-QuaterlyDividendOption 12.8586 Direct Plan - Growth 2094.7129Direct Plan - Annually Dividend Option 11.7575 Direct Plan - Monthly Dividend Option 1061.9854

Solution Oriented Funds

Principal Retirement Savings Fund (CP) (`) Principal Retirement Savings Fund (PP) (`) Principal Retirement Savings Fund (MP) (`)Regular Sub Plan - Growth 12.2187 Regular Sub Plan - Growth 13.0543 Regular Sub Plan - Growth 12.3699Direct Sub Plan - Growth 12.4278 Direct Sub Plan - Growth 13.3374 Regular Sub Plan - Dividend 12.3699

Direct Sub Plan - Growth 12.6585

Fund of Funds

Principal Global Opportunities Fund (`)Regular Plan - Growth 28.7093Regular Plan - Dividend 28.7093Direct Plan - Growth 29.5207Direct Plan - Dividend 29.5207

NAV (Net Asset Value) (As on August 30, 2019)

*NAV as on 31 August 2019

7

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

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87.73

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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 - TRI

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

Nifty Dividend Op-portunities 50 Index -TRI

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

Nifty 500 Index - TRI CRISIL Hybrid 35+65 - Aggressive Index

50% Nifty 100 TRI Index + 35% CRISIL Short Term Bond In-dex + 15% Nifty Arbi-trage Index

30% Nifty 50 - TRI + 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 Ravi Gopalakrishnan & Siddarth Mohta

Ravi Gopalakrishnan Ravi Gopalakrishnan (For Equity Portion) & Bekxy Kuriakose (For Debt Portion)

Ravi Gopalakrishnan (For Equity Portion) & Bekxy Kuriakose (For Debt Portion)

Ravi Gopalakrishnan (For Equity Portion) & Gurvinder Singh Wasan (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

Q

uant

s

Standard Devation 12.93% 15.49% 13.18% 15.20% 15.65% 10.23% 4.12% 4.43%

Beta 0.96 1.04 1.02 1.07 1.11 1.12 0.57 0.98

Sharpe 0.07 0.06 0.22 0.13 0.11 0.26 -0.33 -0.04

Port

folio

Det

ails

Month End AUM 311.03 2,057.41 187.12 817.36 374.55

1,548.73 209.53 53.55

No. of Stocks 30 68 49 57 57 52 37 36

Top 10 Stocks (%) 51.18 28.49 45.99 41.25 38.03 30.50 42.71 44.27

Top 10 Sector(%) 86.06 71.70 82.02 79.90 80.02 62.10 63.62 64.97

Overweight

Chemicals Chemicals Banks Banks Banks Cement Pharmaceuticals Pharmaceuticals

Consumer Non Durables Consumer Durables Chemicals Cement Cement Consumer Non

Durables Power Cement

Cement Banks CementHotels, Resorts And Other Recreational Activities

Hotels, Resorts And Other Recreational Activities

Power Cement Ferrous Metals

Industrial Products Healthcare Services Ferrous Metals Construction Project Fertilisers Fertilisers Finance Finance

Fertilisers Cement Paper Textile Products Construction ProjectHotels, REsorts And Other Recreational Activities

Consumer Non Durables Auto Ancillaries

Underweight

Finance Finance Power Finance Finance Auto Banks Banks

Software Consumer Non Durables Software Petroleum Products Petroleum Products Finance Software Petroleum Products

Power Software Oil Auto Software Petroleum Products Auto Auto

Consumer Durables Power Minerals/Mining Software Auto Consumer Durables Construction Project Construction Project

Petroleum Products Auto Consumer Non Durables Transportation Transportation Pharmaceuticals Consumer Durables Consumer Durables

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

9

Principal Tax Savings Fund - Growth

Particulars Total Amount Invested (in `)

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 120,000 -11.62 112,385 -5.51 116,423 -1.48 119,0443 Years SIP 360,000 -0.82 355,488 3.43 379,314 7.16 401,0425 Years SIP 600,000 5.41 687,817 6.94 714,637 8.51 743,3407 Years SIP 840,000 10.48 1,219,380 10.01 1,199,306 10.31 1,212,14610 Years SIP 1,200,000 11.57 2,188,425 10.19 2,034,819 10.33 2,049,975

Since Inception SIP 2,740,000 15.99 23,311,216 Not AvailableInceptionDate-March31,1996

Systematic Investment Plan (SIP) Returns (As on August 30, 2019)

SCHEMES MANAGED BY MR. DHIMANT SHAH

SCHEMES MANAGED BY MR. RAVI GOPALAKRISHNAN

Principal Emerging Bluechip Fund - Growth


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 120,000 -10.47 113,154 -8.83 114,239 -1.48 119,0443 Years SIP 360,000 -1.37 352,486 1.49 368,278 7.16 401,0425 Years SIP 600,000 6.09 699,693 6.62 709,001 8.51 743,3407 Years SIP 840,000 13.77 1,371,290 11.01 1,242,683 10.31 1,212,14610 Years SIP 1,200,000 14.88 2,612,786 11.38 2,167,517 10.33 2,049,975Since Inception SIP 1,290,000 16.37 3,266,659 12.36 2,585,658 10.99 2,388,788InceptionDate-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 120,000 -10.00 113,466 -6.74 115,616 -1.48 119,0443 Years SIP 360,000 1.73 369,648 3.36 378,915 7.16 401,0425 Years SIP 600,000 6.70 710,408 7.09 717,374 8.51 743,3407 Years SIP 840,000 9.77 1,188,992 8.70 1,144,607 10.31 1,212,14610 Years SIP 1,200,000 9.98 2,012,112 9.56 1,967,447 10.33 2,049,975Since Inception SIP 1,780,000 10.21 4,003,045 NA NA 11.27 4,373,744InceptionDate-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 120,000 -3.71 117,598 -4.07 117,366 -1.48 119,0443 Years SIP 360,000 3.03 376,996 4.76 386,940 7.16 401,0425 Years SIP 600,000 6.02 698,348 7.76 729,443 8.51 743,3407 Years SIP 840,000 9.35 1,171,353 10.56 1,222,928 10.31 1,212,14610 Years SIP 1,200,000 9.87 2,000,732 10.71 2,091,303 10.33 2,049,975Since Inception SIP 1,650,000 10.98 3,689,622 10.95 3,681,656 10.55 3,569,838InceptionDate-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 120,000 -11.05 112,766 -5.51 116,423 -1.48 119,0443 Years SIP 360,000 -0.34 358,131 3.43 379,314 7.16 401,0425 Years SIP 600,000 5.78 694,145 6.94 714,637 8.51 743,3407 Years SIP 840,000 10.75 1,231,222 10.01 1,199,306 10.31 1,212,14610 Years SIP 1,200,000 11.65 2,197,874 10.19 2,034,819 10.33 2,049,975Since Inception SIP 2,260,000 13.97 9,908,992 14.65 10,711,193 14.02 9,963,196InceptionDate-October25,2000

SCHEMES MANAGED BY MR. RAVI GOPALAKRISHNAN & SIDDARTH MOHTA

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.RaviGopalakrishnanmanagesPrincipalMultiCapGrowthFund,PrincipalTaxSavingsFund,PrincipalTaxSaverFundandEquityportionofPrincipalBalancedAdvantageFundandPrincipalEquitySavingsFund(w.e.f.July2019).Mr.SiddarthMohtahasbeenappointedasaAssociateFundManagerofPrincipalMultiCapGrowthFund(w.e.f.August2018)^SinceTRIdataisnotavailablefortheperiod31-03-1996to30-06-1999forNifty50Index,SIPperformanceforsinceinceptionperiodisnotprovided.**SinceTRIdataisnotavailablefortheperiod31-03-1996to26-11-1998forNifty500Index,SIPperformanceforsinceinceptionperiodisnotprovided.*SinceperformancedataforNiftyDividendOpportunities50Indexisnotavailable,SIPperformancesinceinceptionperiodisnotprovided.

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 120,000 -12.16 112,022 -5.51 116,423 -1.48 119,0443 Years SIP 360,000 -2.82 344,626 3.43 379,314 7.16 401,0425 Years SIP 600,000 1.97 630,688 6.94 714,637 8.51 743,3407 Years SIP 840,000 6.36 1,052,834 10.01 1,199,306 10.31 1,212,14610 Years SIP 1,200,000 7.57 1,771,987 10.19 2,034,819 10.33 2,049,975Since Inception SIP 2,800,000 16.34 26,479,567 Not AvailableInceptionDate-March31,1996

10

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 120,000 -12.18 112,010 -11.08 112,747 -1.48 119,0443 Years SIP 360,000 -2.05 348,808 -2.30 347,429 7.16 401,0425 Years SIP 600,000 1.90 629,614 3.20 650,571 8.51 743,3407 Years SIP 840,000 5.09 1,006,406 7.65 1,102,227 10.31 1,212,14610 Years SIP 1,200,000 6.35 1,662,428 8.73 1,883,528 10.33 2,049,975Since Inception SIP 2,410,000 10.35 7,618,745 NA NA 13.74 11,498,395InceptionDate-July27,1999

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.RaviGopalakrishnanmanagesPrincipalTaxSavingsFund,PrincipalPersonalTaxSaverFund,PrincipalBalancedAdvantageFund-EquityPortion,PrincipalHybridEquityFund-EquityPortionandPrincipalEquitySavingsFund-EquityPortion(w.e.f.July2019).Mr.GurvinderSinghWasanmanagesPrincipalEquitySavingsFund-Debtportion(w.e.f.May2019).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.# The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200WitheffectfromJune10,2018,freshallotmentofunitsinPrincipalPersonalTaxsaverFundevenincaseofSIPsregisteredpriortocloseofbusinesshoursofMarch31,2017issuspended.^SinceTRIdataisnotavailablefortheperiod31-03-1996to30-06-1999forNifty50Index,SIPperformanceforsinceinceptionperiodisnotprovided.**SinceTRIdataisnotavailablefortheperiod31-03-1996to26-11-1998forNifty500Index,SIPperformanceforsinceinceptionperiodisnotprovided.~SinceperformancedataforNifty100EqualWeightIndexisnotavailable,SIPperformancesinceinceptionperiodisnotprovided.PerformanceofPrincipalSmallCapFundisnotgivenastheschemehasnotcompleted1year.

Systematic Investment Plan (SIP) Returns (As on August 30, 2019)

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 120,000 -2.50 118,388 3.86 122,470 -1.48 119,0443 Years SIP 360,000 2.44 373,679 6.96 399,844 7.16 401,0425 Years SIP 600,000 4.22 667,501 8.04 734,629 8.51 743,3407 Years SIP 840,000 7.13 1,082,015 9.33 1,170,494 10.31 1,212,146Since Inception SIP 1,040,000 8.21 1,497,472 9.67 1,599,124 10.66 1,672,101

InceptionDate-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 120,000 -8.47 114,479 2.64 121,691 -1.48 119,0443 Years SIP 360,000 2.18 372,185 6.44 396,800 7.16 401,0425 Years SIP 600,000 7.16 718,637 8.30 739,419 8.51 743,3407 Years SIP 840,000 10.38 1,215,251 10.12 1,204,030 10.31 1,212,14610 Years SIP 1,200,000 10.79 2,099,642 10.15 2,030,369 10.33 2,049,975Since Inception SIP 2,350,000 12.71 9,351,565 9.68 6,593,818 13.83 10,671,827InceptionDate-January14,2000

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 120,000 1.89 121,214 4.79 123,061 17.66 131,0713 Years SIP 360,000 3.85 381,727 7.39 402,443 8.59 409,6095 Years SIP 600,000 5.31 685,975 7.84 730,869 8.23 738,0577 Years SIP 840,000 5.93 1,036,667 8.59 1,139,771 8.14 1,121,60710 Years SIP 1,200,000 6.13 1,643,345 8.54 1,864,759 7.67 1,781,551Since Inception SIP 2,070,000 6.86 3,883,734 9.40 4,974,528 6.84 3,876,293InceptionDate-May23,2002

SCHEME MANAGED BY MR. RAVI GOPALAKRISHNAN & GURVINDER SINGH WASAN

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

SCHEME MANAGED BY MR. RAJAT JAIN

Principal Short Term Debt Fund - Growth


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

Additional Benchmark (CRISIL 10 Year Gilt Index)

Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `) Returns Yield (%) Market Value (in `)1 Year SIP 120,000 -5.41 116,495 10.96 126,932 17.58 131,0143 Years SIP 360,000 1.25 366,953 8.09 406,600 8.57 409,5115 Years SIP 600,000 3.77 659,910 8.08 735,366 8.22 737,9597 Years SIP 840,000 5.12 1,007,298 8.33 1,129,265 8.13 1,121,51810 Years SIP 1,200,000 6.22 1,650,752 8.37 1,847,614 7.67 1,781,601

Since Inception SIP 1,950,000 7.01 3,563,543 7.95 3,879,267 6.91 3,532,595InceptionDate-May09,2003

SCHEMES MANAGED BY GURVINDER SINGH WASAN

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 August 31, 2019) (% of NAV)

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

49.51%

35.18%

12.59%0.10% 2.62%

0%

20%

40%

60%

80%

Note:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith5.45%riskfreerateofreturn(1days-MIBORRateAsonAugust30,2019).** 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 August31,2019).#

TotalExpenseRatioincludesGSTonmanagementfees.

Performance (As on 30/08/2019)

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

1 Year (31-08-2018 to 30-08-2019) -15.14 8,490.30 -12.21 8,782.46 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 5.37 11,696.57 7.03 12,259.47 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 12.21 17,802.34 9.72 15,912.64 8.09 14,765.89Since Inception (12-11-2008 to 30-08-2019) 23.27 95,830.00 16.81 53,598.26 14.75 44,190.75Differentplansshallhaveadifferentexpensestructure.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.

DataAsonAugust31,2019

For NAV details, please refer page 6

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

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

Asset Under Managment (` Cr) MAAUM:2,041.13

AUM:2,057.41

Allotment Date & Benchmark Allotment Date

RegularPlan:November12,2008DirectPlan:January1,2013

Benchmark: NIFTY Large Midcap 250 Index - TRI

(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.

Fund Manager DetailsName: Dhimant Shah

Managing Since: June2011Total Experience: 27 years

Expense Ratio# (As on August30,2019)Direct Plan - 0.97 %

Regular Plan - 2.09 %`

Industry Allocation (As on August 31, 2019) (% of NAV) Banks 19.82% Finance 8.30% Software 7.54% Consumer Non Durables 7.31% Consumer Durables 6.73% Chemicals 5.04% Industrial Products 4.65% Pharmaceuticals 4.54% Cement 3.92% Auto Ancillaries 3.85% Petroleum Products 3.80% Gas 2.76% Healthcare Services 2.62% Transportation 2.11% Textile Products 1.88% Media & Entertainment 1.82% Auto 1.61% ConstructionProject 1.53% Power 1.37% Hotels,ResortsAndOtherRecre-

ational Activities 1.17% Pesticides 1.01% Ferrous Metals 0.94% Retailing 0.86% Non - Ferrous Metals 0.84% Textiles - Cotton 0.76% Telecom - Equipment & Accessories 0.43% Paper 0.07%

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%

Name % of NAV

% to Net Assets

DerivativesBanks 19.82 0.04HDFCBankLtd. 5.66ICICIBankLtd. 4.16KotakMahindraBankLtd. 2.71State Bank of India 1.93AxisBankLtd. 1.83TheFederalBankLtd. 1.32 0.04CityUnionBankLtd. 1.22RBLBankLtd. 0.99Finance 8.30 0.18BajajFinanceLtd. 2.25BajajFinservLtd. 2.17MuthootFinanceLtd. 1.79SBILifeInsuranceCompanyLtd. 1.63ICICI Prudential Life InsuranceCompanyLtd. 0.46 0.18

Software 7.54TataConsultancyServicesLtd. 2.32InfosysLtd. 2.14L&TTechnologyServicesLtd. 2.06Larsen&ToubroInfotechLtd. 1.02Consumer Non Durables 7.31 0.01BritanniaIndustriesLtd. 2.05JubilantFoodworksLtd. 1.47 0.01ITCLtd. 1.29VarunBeveragesLtd. 1.27HindustanUnileverLtd. 1.23Consumer Durables 6.73BataIndiaLtd. 1.83VoltasLtd. 1.80DixonTechnologies(India)Ltd. 1.29HavellsIndiaLtd. 0.98BajajElectricalsLtd. 0.83Pharmaceuticals 4.54TorrentPharmaceuticalsLtd. 1.80Divi'sLaboratoriesLtd. 1.74NatcoPharmaLtd. 1.00Chemicals 4.36FineOrganicIndustriesLtd. 1.66NavinFluorineInternationalLtd. 1.48AtulLtd. 1.22Industrial Products 4.16AIAEngineeringLtd. 1.91Mold-TekPackagingLtd. 1.27SKFIndiaLtd. 0.98Cement 3.92 0.30ShreeCementLtd. 1.63UltratechCementLtd. 1.25 0.30DalmiaBharatLtd. 1.04

Name % of NAV

% to Net Assets

DerivativesAuto Ancillaries 3.85MRFLtd. 1.50ExideIndustriesLtd. 1.36SundramFastenersLtd. 0.99Petroleum Products 3.80RelianceIndustriesLtd. 2.97HindustanPetroleumCorporationLtd. 0.83Gas 2.76IndraprasthaGasLtd. 1.48GujaratStatePetronetLtd. 1.28Healthcare Services 2.62ApolloHospitalsEnterpriseLtd. 1.39Dr.LalPathlabsLtd. 1.23Transportation 2.11ContainerCorporationofIndiaLtd. 1.16TCIExpressLtd. 0.95Media & Entertainment 1.82SunTVNetworkLtd. 0.95PVRLtd. 0.87Auto 1.61MarutiSuzukiIndiaLtd. 1.61Textile Products 1.56SRFLtd. 1.56Power 1.37CESCLtd. 1.37Hotels, Resorts And Other Recreational Activities 1.17

TheIndianHotelsCompanyLtd. 1.17Pesticides 1.01UPLLtd. 1.01Ferrous Metals 0.94JindalSteel&PowerLtd. 0.94Retailing 0.86FutureRetailLtd. 0.86Non - Ferrous Metals 0.84HindustanZincLtd. 0.84Construction Project 0.84Larsen&ToubroLtd. 0.84Textiles - Cotton 0.76VardhmanTextilesLtd. 0.76Other Equities* 2.68 Total Equity 97.28 0.53 BONDS & NCD 0.02 BritanniaIndustriesLtd. CRISIL AAA 0.02Treasury Bills 0.08 91 DAY T-BILL Sovereign 0.08Cash & Cash Equivalents 2.62 Net Assets 100.00 100.00

Ratios & Other Details (As on August31,2019)Standard Deviation^ (Annualised): 15.49%Beta^ : 1.04Sharpe Ratio^ (Annualised) : 0.06 Portfolio Turnover Ratio**:0.67

12

Principal Multi Cap Growth Fund(Anopenendedequityschemeinvestingacrosslargecap,midcap,smallcapstocks)

Investment Objective:Toachievelong–termcapitalappreciation.


Name % of NAV

Banks 24.31HDFCBankLtd. 6.49ICICIBankLtd. 6.04State Bank of India 3.46KotakMahindraBankLtd. 3.37

AxisBankLtd. 1.94

IndusIndBankLtd. 1.62

CityUnionBankLtd. 1.39

Consumer Non Durables 11.90ITCLtd. 3.24MaricoLtd. 2.92

GlaxoSmithKlineConsumerHealthcareLtd. 2.18

DaburIndiaLtd. 2.16

BritanniaIndustriesLtd. 1.40

Software 10.22TataConsultancyServicesLtd. 3.97InfosysLtd. 3.48

TechMahindraLtd. 1.43

HCLTechnologiesLtd. 1.34

Finance 8.17

SBILifeInsuranceCompanyLtd. 2.70

HousingDevelopmentFinanceCorporationLtd. 2.47

ICICIPrudentialLifeInsuranceCompanyLtd. 1.70

MaxFinancialServicesLtd. 1.30

Petroleum Products 5.52RelianceIndustriesLtd. 4.50

HindustanPetroleumCorporationLtd. 1.02

Pharmaceuticals 4.72

SunPharmaceuticalIndustriesLtd. 1.62

AbbottIndiaLtd. 1.18

Divi'sLaboratoriesLtd. 1.04

DishmanCarbogenAmcisLtd. 0.88

Construction Project 4.64Larsen&ToubroLtd. 3.78

HindustanConstructionCompanyLtd. 0.86

Cement 3.93

UltratechCementLtd. 1.58

Name % of NAV

TheIndiaCementsLtd. 1.25

JKCementLtd. 1.10

Hotels, Resorts And Other Recreational Activities 2.42

TheIndianHotelsCompanyLtd. 2.42

Telecom - Services 1.94

BhartiAirtelLtd. 1.94

Ferrous Metals 1.78

TataSteelLtd. 0.98

KirloskarFerrousIndustriesLtd. 0.80

Textile Products 1.75

SRFLtd. 1.75

Auto 1.67

MarutiSuzukiIndiaLtd. 1.67

Power 1.59

NTPCLtd. 1.59

Chemicals 1.50

TataChemicalsLtd. 1.50

Retailing 1.19

AdityaBirlaFashionandRetailLtd. 1.19

Consumer Durables 1.03

VoltasLtd. 1.03

Auto Ancillaries 0.96

AsahiIndiaGlassLtd. 0.96

Minerals/Mining 0.93

CoalIndiaLtd. 0.93

Industrial Products 0.84

RamkrishnaForgingsLtd. 0.84

Other Equities* 5.12

Total Equity 96.13

BONDS & NCD 0.02

BritanniaIndustriesLtd. CRISIL AAA 0.02

Treasury Bills 0.08

91 DAY T-BILL Sovereign 0.08

Investment Funds/Mutual Funds 0.03

Principal Arbitrage Fund-Direct Plan -Growth 0.03

Cash & Cash Equivalents 3.74

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:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith5.45%riskfreerateofreturn(1days-MIBORRateAsonAugust30,2019).** 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 (AsonAugust31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.





Asset Under Managment (` Cr) MAAUM:817.87

AUM:817.36


RegularPlan:October25,2000DirectPlan:January1,2013

Benchmark: Nifty 500 Index - TRI (w.e.f.April23,2018)

`

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


Ratios & Other Details (As on August31,2019)Standard Deviation^ (Annualised):15.20%Beta^ :1.07Sharpe Ratio^ (Annualised) :0.13 Portfolio Turnover Ratio**: 0.33

Fund Manager DetailsName: Ravi Gopalakrishnan & Siddarth Mohta

(Associate Fund Manager)Managing Since: July2019&August2018

Total Experience: 25 years & 15 years

Expense Ratio# (As on August30,2019)Direct Plan - 1.39%


Industry Allocation (Top 10) (As on August 31, 2019) (% of NAV)

Banks 24.75% Consumer Non Durables 11.90% Software 10.22% Finance 8.17% Petroleum Products 5.52% Pharmaceuticals 5.40% ConstructionProject 4.83% Cement 4.61% Hotels,ResortsAndOther

Recreational Activities 2.42% Chemicals 2.08%


Period Principal Multi Cap Growth Fund

Nifty 500 Index - TRI(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -12.83 8,720.23 -9.05 9,097.85 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 6.51 12,081.84 7.57 12,445.47 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 8.85 15,290.41 8.39 14,970.01 8.09 14,765.89Since Inception (25-10-2000 to 30-08-2019) 14.62 131,100.00 15.13 142,433.68 14.17 121,716.00Differentplansshallhaveadifferentexpensestructure.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.


74.07%

11.76% 10.30%0.10% 0.03% 3.74%

0%

20%

40%

60%

80%

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


13

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

lock in of 3 years and tax benefit)

Investment Objective:Tobuildahighqualitygrowth-orientedportfoliotoprovidelong-termcapitalgainstotheinvestors.Theschemeaimsatprovidingreturnsthroughcapitalappreciation.


Name % of NAV

Banks 24.49ICICIBankLtd. 5.57HDFCBankLtd. 5.43State Bank of India 3.51KotakMahindraBankLtd. 3.44

AxisBankLtd. 1.93



Bank of Baroda 0.86

KarurVysyaBankLtd. 0.80


DaburIndiaLtd. 2.17


BritanniaIndustriesLtd. 1.40The Bombay Burmah Trading CorporationLtd. 0.85




Finance 6.94SBILifeInsuranceCompanyLtd. 2.78Housing Development FinanceCorporationLtd. 2.47


Cement 5.13

TheIndiaCementsLtd. 1.63


ACCLtd. 1.03

JKCementLtd. 0.88

Construction Project 4.71

Larsen&ToubroLtd. 2.74


IrconInternationalLtd. 0.96


Name % of NAV

Power 3.97

TataPowerCompanyLtd. 2.40

NTPCLtd. 1.57




DishmanCarbogenAmcisLtd. 0.88Hotels, Resorts And Other Recreational Activities 2.41


Fertilisers 2.16

ChambalFertilisersandChemicalsLtd. 2.16

Auto 2.07

BajajAutoLtd. 1.04

HeroMotoCorpLtd. 1.03




SRFLtd. 1.74

Ferrous Metals 1.60


SteelAuthorityofIndiaLtd. 0.75

Chemicals 1.51



BajajElectricalsLtd. 1.50




CoalIndiaLtd. 0.97




Total Equity 97.73

BONDS & NCD 0.02


Treasury Bills 0.08



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:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith5.45%riskfreerateofreturn(1days-MIBORRateAsonAugust30,2019).** 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(AsonAugust31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.



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


AUM:374.55


RegularPlan:March31,1996DirectPlan:January1,2013

Benchmark: Nifty 500 Index - TRI

`

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 August31,2019)Standard Deviation^ (Annualised): 15.65%Beta^ : 1.11Sharpe Ratio^ (Annualised) : 0.11 Portfolio Turnover Ratio** : 0.27

Fund Manager DetailsName: Ravi Gopalakrishnan Managing Since: July2019Total Experience: 25 years


Regular Plan - 2.56%`


Banks 25.50% Consumer Non Durables 12.42% Software 9.29% Finance 6.94% Cement 5.84% ConstructionProject 4.71% Petroleum Products 4.48% Pharmaceuticals 4.46% Power 3.97% Hotels,ResortsAndOther

Recreational Activities 2.41%


Period Principal Tax Savings Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -13.61 8,642.57 -9.05 9,097.85 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 6.12 11,947.03 7.57 12,445.47 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 8.60 15,113.39 8.39 14,970.01 8.09 14,765.89Since Inception (31-03-1996 to 30-08-2019) 15.43 288,515.19 13.07 177,685.89 12.19 148,141.85Differentplansshallhaveadifferentexpensestructure.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.*AsTRIdataisnotavailablesinceinceptionofthescheme,benchmarkperformanceiscalculatedusingcompositeCAGRofNifty500IndexPRIvaluesfromdate31-03-1996to26-11-1998andTRIvaluessince26-11-1998.**AsTRIdataisnotavailablesinceinceptionofthescheme,additionalbenchmarkperformanceiscalculatedusingcompositeCAGRofNifty50IndexPRIvaluesfromdate31-03-1996to30-06-1999andTRIvaluessince30-06-1999.



69.88%

12.12% 15.73%

0.10% 2.17%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 24.93ICICIBankLtd. 5.69HDFCBankLtd. 5.56State Bank of India 3.53KotakMahindraBankLtd. 3.43

AxisBankLtd. 1.92



Bank of Baroda 0.86

KarurVysyaBankLtd. 0.78


DaburIndiaLtd. 2.22


BritanniaIndustriesLtd. 1.44The Bombay Burmah Trading CorporationLtd. 0.88




Finance 7.12SBILifeInsuranceCompanyLtd. 2.78Housing Development FinanceCorporationLtd. 2.65


Cement 5.25TheIndiaCementsLtd. 1.67


ACCLtd. 1.10

BirlaCorporationLtd. 0.83

Construction Project 4.96Larsen&ToubroLtd. 2.93


IrconInternationalLtd. 0.95


Power 4.06TataPowerCompanyLtd. 2.45

NTPCLtd. 1.61

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:241.43


RegularPlan:March31,1996DirectPlan:January1,2013

Benchmark: Nifty 500 Index - TRI

`


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

Ratios & Other Details (As on August31,2019)Standard Deviation^ (Annualised):14.84%Beta^ :1.06Sharpe Ratio^ (Annualised) :-0.18 Portfolio Turnover Ratio** : 0.31

Fund Manager DetailsName: Ravi Gopalakrishnan Managing Since: July2019Total Experience: 25 years


Regular Plan - 2.54%


Banks 25.95% Consumer Non Durables 12.86% Software 9.60% Finance 7.12% Cement 5.25% ConstructionProject 4.96% Petroleum Products 4.58% Pharmaceuticals 4.54% Power 4.06% Hotels,ResortsAndOther

Recreational Activities 2.23%


Period Principal Personal Tax Saver Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -14.18 8,585.49 -9.05 9,097.85 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 1.65 10,503.23 7.57 12,445.47 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 5.06 12,802.95 8.39 14,970.01 8.09 14,765.89Since Inception (31-03-1996 to 30-08-2019) 18.46 529,871.09 13.07 177,685.89 12.19 148,141.85Differentplansshallhaveadifferentexpensestructure.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.*AsTRIdataisnotavailablesinceinceptionofthescheme,benchmarkperformanceiscalculatedusingcompositeCAGRofNifty500IndexPRIvaluesfromdate31-03-1996to26-11-1998andTRIvaluessince26-11-1998.**AsTRIdataisnotavailablesinceinceptionofthescheme,additionalbenchmarkperformanceiscalculatedusingcompositeCAGRofNifty50IndexPRIvaluesfromdate31-03-1996to30-06-1999andTRIvaluessince30-06-1999.

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

`

Name % of NAVPharmaceuticals 3.84



DishmanCarbogenAmcisLtd. 0.96Hotels, Resorts And Other Recreational Activities 2.23


Fertilisers 2.18

ChambalFertilisersandChemicalsLtd. 2.18

Auto 2.13

HeroMotoCorpLtd. 1.07

BajajAutoLtd. 1.06




SRFLtd. 1.85


BajajElectricalsLtd. 1.56

Chemicals 1.55





CoalIndiaLtd. 0.99

Ferrous Metals 0.94





Total Equity 98.94

BONDS & NCD 0.02


Treasury Bills 0.08



Net Assets 100.00



71.08%

12.15% 15.71%

0.10% 0.96%0%

20%

40%

60%

80%


15

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

Investment Objective:Togeneratelongtermcapitalappreciationbypredominantlyinvestinginequityandequityrelatedinstrumentsofsmallcapcompanies.However,thereisnoassuranceorguaranteethattheinvestmentobjectiveoftheSchemewillbeachieved.


Note:# TotalExpenseRatioincludesGSTonmanagementfees.Portfolio Turnover Ratio not given as the scheme has not completed oneyear.Otherratiosarenotgivenasschemehasnotcompleted3years.




Existing Investor- `1,000STP-` 1000§

RWP- ` 500§

£12 installments each §6 installments each


AUM:136.56


RegularPlan:May13,2019 DirectPlan:May13,2019

Benchmark: Nifty Small Cap 100 index

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before1yearfromthedateofallotment:• Nil for redemption/ switch out of unitsupto25%oftheunitsallotted(thelimit).• 1% on redemption in excess of 25% ofthe limit stated above- Redemption of units would be done on First in First out Basis (FIFO).•Nilthereafter

Plans RegularPlan&DirectPlan.Options Both the Plans offer Growth &Dividend Option. The Dividend Option underboth the Plans will have the facility of Payout andReinvestment.

Fund Manager DetailsName: Ravi Gopalakrishnan &

Mr.SiddarthMohtaManaging Since: July2019&May2019


Expense Ratio# (As on August30,2019)Direct Plan - 0.71 %Regular Plan - 2.52 %

`


Chemicals 15.94% Banks 11.28% Software 8.93% Cement 7.16% ConstructionProject 6.76% Finance 4.80% Industrial Products 4.25%

Fertilisers 3.57%

Consumer Durables 3.37% Power 2.22%

Note:PerformanceofPrincipalSmallCapFundisnotgivenastheschemehasnotcompleted1year.

Name % of NAV

% to Net Assets

DerivativesChemicals 15.94NavinFluorineInternationalLtd. 2.57GalaxySurfactantsLtd. 2.47FineOrganicIndustriesLtd. 2.08NeogenChemicalsLtd. 1.93GHCLLtd. 1.91PhillipsCarbonBlackLtd. 1.80AlkylAminesChemicalsLtd. 1.67NOCILLtd. 1.51Banks 11.28ICICIBankLtd. 2.67State Bank of India 2.18HDFCBankLtd. 1.93KotakMahindraBankLtd. 1.86KarurVysyaBankLtd. 1.60DCBBankLtd. 1.04Software 8.93 1.61KPITTechnologiesLtd. 2.45NIITLtd. 1.87MastekLtd. 1.72SonataSoftwareLtd. 1.69HCLTechnologiesLtd. 1.00NIITTechnologiesLtd. 0.20 1.61Cement 7.16JKCementLtd. 2.08JKLakshmiCementLtd. 1.87BirlaCorporationLtd. 1.75TheIndiaCementsLtd. 1.46Construction Project 6.16Techno Electric & Engineering CompanyLtd. 2.31

KECInternationalLtd. 1.52IrconInternationalLtd. 1.23Hindustan Construction CompanyLtd. 1.10

Finance 4.80CanFinHomesLtd. 3.22EquitasHoldingsLtd. 1.58

Name % of NAV

% to Net Assets

DerivativesIndustrial Products 4.25CosmoFilmsLtd. 2.13FinolexCablesLtd. 2.12Fertilisers 3.57Chambal Fertilisers andChemicalsLtd. 2.16

CoromandelInternationalLtd. 1.41Consumer Durables 3.37VIPIndustriesLtd. 1.31OrientElectricLtd. 1.03VoltasLtd. 1.03Power 2.22KalpataruPowerTransmissionLtd. 2.22Auto 2.02MarutiSuzukiIndiaLtd. 2.02Textile Products 1.96SiyaramSilkMillsLtd. 1.96Hotels, Resorts And Other Recreational Activities 1.63

TheIndianHotelsCompanyLtd. 1.63Pesticides 1.50RallisIndiaLtd. 1.50Ferrous Metals 1.46KirloskarFerrousIndustriesLtd. 1.46Transportation 0.99TransportCorporationofIndiaLtd. 0.99Retailing 0.90AdityaBirlaFashionandRetailLtd. 0.90Construction 0.90PNCInfratechLtd. 0.90Other Equities* 1.72Total Equity 80.76 1.61 Treasury Bills 0.17 91 DAY T-BILL Sovereign 0.17Cash & Cash Equivalents 19.07 Net Assets 100.00 100.00

Top 10 Equity Holdings *Holdinglessthan0.75%

16

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

Investment Objective:Toprovidecapitalappreciationand/ordividenddistributionbyinvestingincompaniesacrossmarketcapitalization.




Dividend Update


17-Jun-19 1.90 27.32 2.31 28.4715-Dec-17 2.11 28.09 1.72 28.4616-Jun-17 5.98 31.90 6.13 32.31Past 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:311.03


RegularPlan:November11,2005DirectPlan:January1,2013

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

`

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




Managing Since: July2017Total Experience: 27 years

Expense Ratio# (As on August30,2019)Direct Plan - 1.97%



Banks 22.03% Consumer Non Durables 14.94% Software 10.12% Finance 8.44% Petroleum Products 6.60% Auto 5.61% Cement 5.09% Pharmaceuticals 5.03% Chemicals 4.32% ConstructionProject 3.88%


Period Principal Focused Multicap Fund

S&P BSE 250 Large Midcap - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -6.75 9,326.70 -7.71 9,230.74 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 5.66 11,793.73 8.32 12,705.73 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 7.51 14,371.61 8.85 15,289.53 8.09 14,765.89Since Inception (11-11-2005 to 30-08-2019) 13.99 60,950.00 12.63 51,659.27 12.58 51,375.07Differentplansshallhaveadifferentexpensestructure.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


75.51%

11.80% 8.05%0.11% 4.53%

0%

20%

40%

60%

80%

Name % of NAV % to Net Assets Derivatives

Banks 22.03HDFCBankLtd. 8.90KotakMahindraBankLtd. 5.43ICICIBankLtd. 5.23State Bank of India 2.47Consumer Non Durables 14.94HindustanUnileverLtd. 5.26ITCLtd. 3.68NestleIndiaLtd. 2.73BritanniaIndustriesLtd. 2.63BalrampurChiniMillsLtd. 0.64Software 10.12InfosysLtd. 3.81TataConsultancyServicesLtd. 3.68L&TTechnologyServicesLtd. 2.63Finance 8.44HousingDevelopmentFinanceCorporationLtd. 4.96BajajFinservLtd. 3.48Petroleum Products 6.60RelianceIndustriesLtd. 6.60Auto 5.61BajajAutoLtd. 3.63MarutiSuzukiIndiaLtd. 1.98Cement 5.09 1.18ShreeCementLtd. 3.33UltratechCementLtd. 1.76 1.18Pharmaceuticals 5.03AbbottIndiaLtd. 3.57SunPharmaceuticalIndustriesLtd. 1.46Chemicals 4.32NavinFluorineInternationalLtd. 3.03NOCILLtd. 1.29Construction Project 3.88Larsen&ToubroLtd. 2.86IrconInternationalLtd. 1.02Industrial Products 2.96AIAEngineeringLtd. 2.96Fertilisers 2.07ChambalFertilisersandChemicalsLtd. 2.07Non - Ferrous Metals 1.63HindustanZincLtd. 1.63Gas 1.47GujaratGasLtd. 1.47Ferrous Metals 1.17JindalSteel&PowerLtd. 1.17Total Equity 95.36 1.18BONDS & NCD 0.03 BritanniaIndustriesLtd. CRISIL AAA 0.03Treasury Bills 0.08 91 DAY T-BILL Sovereign 0.08Cash & Cash Equivalents 4.53 Net Assets 100.00

17

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

dividend yielding stocks)

Investment Objective: To provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively highdividendyield.


Dividend Update


17-Jun-19 0.47 22.68 0.54 30.7917-Dec-18 NA NA 0.12 30.4915-Dec-17 3.50 26.24 NA NA16-Jun-17 5.82 28.38 2.93 29.32Past performance may or may not be sustained in the future. * On face value of `10.Note: All Dividend (`/Unit)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:187.12


RegularPlan:October15,2004DirectPlan:January1,2013

Benchmark: Nifty Dividend Opportunities 50 Index - TRI

`

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




Managing Since: December 2011Total Experience: 27 years




Software 20.29% Consumer Non Durables 18.94% Banks 11.27% Chemicals 6.52% Petroleum Products 6.47% Auto 6.04% Gas 3.95% Finance 3.03% Industrial Products 2.76% Cement 2.75%


Period Principal Dividend Yield Fund

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


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -11.81 8,821.64 -8.77 9,125.78 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 7.72 12,496.21 8.11 12,632.73 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 8.27 14,887.01 6.91 13,975.54 8.09 14,765.89Since Inception (15-10-2004 to 30-08-2019) 11.33 49,410.00 NA NA 14.43 74,307.34Differentplansshallhaveadifferentexpensestructure.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 CompaniesOthersDebtCash & Other Assets

71.12%

10.32% 16.39%

0.03% 0.08% 2.06%0%

20%

40%

60%

80%


Name % of NAV

% to Net Assets

DerivativesSoftware 20.29TataConsultancyServicesLtd. 6.27InfosysLtd. 4.70TechMahindraLtd. 3.56HCLTechnologiesLtd. 1.99Larsen&ToubroInfotechLtd. 1.38L&TTechnologyServicesLtd. 1.30SaskenTechnologiesLtd. 1.09Consumer Non Durables 18.94HindustanUnileverLtd. 8.45ITCLtd. 5.95ColgatePalmolive(India)Ltd. 1.90VSTIndustriesLtd. 1.84BannariAmmanSugarsLtd. 0.80Banks 11.27ICICIBankLtd. 3.55HDFCBankLtd. 3.20State Bank of India 2.06AxisBankLtd. 1.31KotakMahindraBankLtd. 1.15Chemicals 6.49FineOrganicIndustriesLtd. 1.85NavinFluorineInternationalLtd. 1.67AartiIndustriesLtd. 1.53NOCILLtd. 1.44Petroleum Products 6.47RelianceIndustriesLtd. 3.85BharatPetroleumCorporationLtd. 2.62Auto 6.04BajajAutoLtd. 3.71MarutiSuzukiIndiaLtd. 1.40Mahindra&MahindraLtd. 0.93Gas 3.95GujaratGasLtd. 1.60PetronetLNGLtd. 1.27IndraprasthaGasLtd. 1.08

Name % of NAV

% to Net Assets

DerivativesFinance 3.03BajajHoldings&InvestmentLtd. 1.89BajajFinservLtd. 1.14Industrial Products 2.76AIAEngineeringLtd. 1.80HEGLtd. 0.96Cement 2.75 0.57UltratechCementLtd. 2.75 0.57Construction Project 2.26IrconInternationalLtd. 1.14Larsen&ToubroLtd. 1.12Paper 2.11InternationalPaperAppmLtd. 1.23OrientPaper&IndustriesLtd. 0.88Auto Ancillaries 1.90ExideIndustriesLtd. 0.99AsahiIndiaGlassLtd. 0.91Non - Ferrous Metals 1.68HindustanZincLtd. 1.68Ferrous Metals 1.66TataSteelLtd. 1.66Power 1.63NTPCLtd. 1.63Consumer Durables 1.06SheelaFoamLtd. 1.06Textile Products 1.02SRFLtd. 1.02Hotels, Resorts And Other Recreational Activities 1.00

TheIndianHotelsCompanyLtd. 1.00Pharmaceuticals 0.82DishmanCarbogenAmcisLtd. 0.82Other Equities* 0.73Total Equity 97.86 0.57 Treasury Bills 0.08 91 DAY T-BILL Sovereign 0.08Cash & Cash Equivalents 2.06 Net Assets 100.00

18

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

Investment Objective:ToinvestprincipallyinsecuritiesthatcompriseNifty100EqualWeightIndexandsubjecttotrackingerrorsendeavourtoattainresultscommensuratewiththeNifty100EqualWeightIndex.


Name % of NAVFinance 14.71HDFCAssetManagementCompanyLtd. 1.46HDFCLifeInsuranceCompanyLtd. 1.36SBILifeInsuranceCompanyLtd. 1.28ICICIPrudentialLifeInsuranceCompanyLtd. 1.18ICICI Lombard General InsuranceCompanyLtd. 1.17Housing Development FinanceCorporationLtd. 1.08BajajFinanceLtd. 1.00BajajHoldings&InvestmentLtd. 0.96ShriramTransportFinanceCompanyLtd. 0.94General Insurance Corporation Of India 0.93BajajFinservLtd. 0.91L&TFinanceHoldingsLtd. 0.88IndiabullsHousingFinanceLtd. 0.80TheNewIndiaAssuranceCompanyLtd. 0.76Consumer Non Durables 12.23AsianPaintsLtd. 1.25DaburIndiaLtd. 1.22UnitedSpiritsLtd. 1.22ColgatePalmolive(India)Ltd. 1.21HindustanUnileverLtd. 1.14MaricoLtd. 1.13UnitedBreweriesLtd. 1.09Procter & Gamble Hygiene andHealthCareLtd. 1.02BritanniaIndustriesLtd. 1.02GodrejConsumerProductsLtd. 0.97ITCLtd. 0.96Pharmaceuticals 9.75SunPharmaceuticalIndustriesLtd. 1.26PiramalEnterprisesLtd. 1.15Divi'sLaboratoriesLtd. 1.13LupinLtd. 1.11Dr.Reddy'sLaboratoriesLtd. 1.07AurobindoPharmaLtd. 1.07CadilaHealthcareLtd. 1.03BioconLtd. 1.01CiplaLtd. 0.92Banks 7.62IndusIndBankLtd. 1.03KotakMahindraBankLtd. 1.03ICICIBankLtd. 1.02HDFCBankLtd. 0.99BandhanBankLtd. 0.95AxisBankLtd. 0.92Bank of Baroda 0.84State Bank of India 0.84Software 6.35InfosysLtd. 1.16HCLTechnologiesLtd. 1.09TataConsultancyServicesLtd. 1.08OracleFinancialServicesSoftwareLtd. 1.07TechMahindraLtd. 1.00WiproLtd. 0.95Auto 5.70HeroMotoCorpLtd. 1.06BajajAutoLtd. 1.04MarutiSuzukiIndiaLtd. 1.02Mahindra&MahindraLtd. 0.90EicherMotorsLtd. 0.88AshokLeylandLtd. 0.80Cement 4.82ACCLtd. 1.06AmbujaCementsLtd. 1.02UltratechCementLtd. 0.95ShreeCementLtd. 0.94GrasimIndustriesLtd. 0.85

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:̂ Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith5.45%riskfreerateofreturn(1days-MIBORRateAsonAugust30,2019).** 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(AsonAugust31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.* Since Benchmark of the Fund change from Nity 50 to Nifty 100 Equal Weight (w.e.f10-May-2018),TrackingErrorisCalculatedasbelow–•Nifty50TRIisconsiderfrom(01-Sep-2016to09-May-2018)&•Nifty100EqualWeightTRIisconsiderfor(10-May-2018to30-Aug-2019)






AUM:15.99


RegularPlan:July27,1999DirectPlan:January1,2013

Benchmark: Nifty 100 Equal Weight Index - TRI

`

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 August31,2019)Standard Deviation^ (Annualised): 13.74%Beta^ : 0.98Sharpe Ratio^ (Annualised) :-0.14Portfolio Turnover Ratio**: 0.33Tracking Deviation*: 0.42%

Fund Manager DetailsName: RajatJain

Managing Since: August 2015Total Experience: 30 years




Finance 14.71% Consumer Non Durables 12.23% Pharmaceuticals 9.75% Banks 8.21% Auto 6.48% Software 6.35% Cement 4.82% Petroleum Products 3.84% Transportation 3.12% Power 3.03%


Period Principal Nifty 100 Equal Weight Fund

Nifty 100 Equal Weight - TRI



Returns () $PTP Returns



1 Year (31-08-2018 to 30-08-2019) -15.64 8,439.52 -14.53 8,550.75 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 2.64 10,812.66 3.14 10,969.57 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 3.72 12,008.52 6.27 13,561.83 8.09 14,765.89Since Inception (27-07-1999 to 30-08-2019) 9.82 65,751.80 NA NA 12.73 111,349.07Differentplansshallhaveadifferentexpensestructure.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 NAVPetroleum Products 3.84RelianceIndustriesLtd. 1.04BharatPetroleumCorporationLtd. 1.00HindustanPetroleumCorporationLtd. 0.95IndianOilCorporationLtd. 0.85Transportation 3.12InterglobeAviationLtd. 1.17ContainerCorporationofIndiaLtd. 0.98AdaniPortsandSpecialEconomicZoneLtd. 0.97Power 3.03PowerGridCorporationofIndiaLtd. 1.07NHPCLtd. 0.99NTPCLtd. 0.97Auto Ancillaries 2.92MRFLtd. 1.14BoschLtd. 0.95MothersonSumiSystemsLtd. 0.83Non - Ferrous Metals 2.87HindustanZincLtd. 1.01HindalcoIndustriesLtd. 1.00VedantaLtd. 0.86Industrial Capital Goods 2.72SiemensLtd. 1.04ABBIndiaLtd. 0.92BharatHeavyElectricalsLtd. 0.76Gas 2.07PetronetLNGLtd. 1.18GAIL(India)Ltd. 0.89Consumer Durables 1.84TitanCompanyLtd. 0.92HavellsIndiaLtd. 0.92Minerals/Mining 1.58NMDCLtd. 0.80CoalIndiaLtd. 0.78Retailing 1.27AvenueSupermartsLtd. 1.27Chemicals 1.20PidiliteIndustriesLtd. 1.20Media & Entertainment 1.16ZeeEntertainmentEnterprisesLtd. 1.16Telecom - Services 1.08BhartiAirtelLtd. 1.08Pesticides 1.02UPLLtd. 1.02Construction 1.01DLFLtd. 1.01Telecom - Equipment & Accessories 0.97BhartiInfratelLtd. 0.97Textile Products 0.96PageIndustriesLtd. 0.96Construction Project 0.92Larsen&ToubroLtd. 0.92Ferrous Metals 0.87JSWSteelLtd. 0.87Oil 0.76Oil&NaturalGasCorporationLtd. 0.76Other Equities* 3.25Total Equity 99.64 BONDS & NCD 0.01 BritanniaIndustriesLtd. CRISIL AAA 0.01Treasury Bills 0.06 91 DAY T-BILL Sovereign 0.06Cash & Cash Equivalents 0.29 Net Assets 100.00


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

7.14%

92.41%

0.09% 0.07% 0.29%0%

20%

40%

60%

80%100%


19

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


16-Aug-19 NA NA 0.0593 10.225417-Jun-19 0.0625 10.0814 0.0633 10.217317-May-19 0.0626 10.1156 0.0634 10.2474Past 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:4.68


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 August31,2019)Portfolio Turnover Ratio** : 8.88Equity : 0.51Debt : 0.08Derivatives : 8.29

Fund Manager DetailsName: RajatJain

Managing Since: April 2016Total Experience: 30 years



Industry Allocation (As on August 31, 2019)

(% of NAV)

Pharmaceuticals 16.86% Banks 11.24% Power 9.43% Finance 9.32% Petroleum Products 8.51% Ferrous Metals 5.93% ConstructionProject 4.85% Minerals/Mining 1.58%


Period Principal Arbitrage Fund

Nifty 50 Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%) $PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -1.34 9,866.66 6.94 10,692.07 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 2.86 10,882.94 5.38 11,699.96 9.31 13,056.17Since Inception (21-04-2016 to 30-08-2019) 3.32 11,158.50 5.50 11,969.96 11.98 14,625.51Differentplansshallhaveadifferentexpensestructure.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.5yearsperformanceofPrincipalArbitrageFundisnotgivenastheschemehavenotbeeninexistencefor5years.

Name Rating / Industry

% of NAV

% to Net Assets De-

rivativesPharmaceuticals 16.86 -16.94SunPharmaceuticalIndustriesLtd. 8.68 -8.71AurobindoPharmaLtd. 8.18 -8.23Banks 11.24 -11.28ICICIBankLtd. 3.29 -3.31HDFCBankLtd. 3.25 -3.27AxisBankLtd. 3.10 -3.10State Bank of India 1.60 -1.60Power 9.43 -9.46CESCLtd. 8.44 -8.47TataPowerCompanyLtd. 0.99 -0.99Finance 9.32 -9.19MultiCommodityExchangeofIndiaLtd. 9.32 -9.19Petroleum Products 8.51 -8.54RelianceIndustriesLtd. 8.51 -8.54Ferrous Metals 5.93 -5.96JSWSteelLtd. 5.93 -5.96Construction Project 4.85 -4.85Larsen&ToubroLtd. 4.85 -4.85Minerals/Mining 1.58 -1.58CoalIndiaLtd. 1.58 -1.58Total Equity 67.72 -67.80Treasury Bills 0.19 91 DAY T-BILL Sovereign 0.19Investment Funds/Mutual Funds 8.89 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 8.89Cash & Cash Equivalents 23.20 Net Assets 100.00

^TheaggregateinvestmentsbyotherschemesofPrincipalMutualFundAsonAugust31,2019:0.26Crore

20

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

(Erstwhile Principal Balanced Fund)



Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV16-Aug-19 0.2283 23.1400 NA NA17-Jul-19 0.2368 24.4400 0.1500 29.610017-Jun-19 0.2494 24.5100 0.0400 29.400017-May-19 0.2473 24.7200 0.1000 29.4400Past 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

1 Year (31-08-2018 to 30-08-2019) -8.77 9,125.17 -0.36 9,964.19 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 7.84 12,537.24 8.33 12,709.33 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 9.40 15,682.41 9.19 15,532.06 8.09 14,765.89Since Inception (14-01-2000 to 30-08-2019) 10.61 72,390.00 NA NA 11.82 89,726.81Differentplansshallhaveadifferentexpensestructure.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.* The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200




Asset Under Managment (` Cr) MAAUM: 1,566.62

AUM:1,548.73


RegularPlan:January14,2000DirectPlan:January1,2013

Benchmark: CRISIL Hybrid 35+65 - Aggressive Index

`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 would be 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 August31,2019)Standard Deviation^@ (Annualised): 10.23%Beta^@ : 1.12Sharpe Ratio^@ (Annualised) : 0.26 Portfolio Turnover Ratio** : 1.45Equity : 0.18Debt : 1.27

Note:^Theabovemeasureshavebeencalculatedbytakingrollingreturnsfora3yearperiodwith5.45%riskfreerateofreturn(1days-MIBORRateAsonAugust30,2019).** 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 (AsonAugust31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.@For Equity portion only

Fund Manager DetailsName: Ravi Gopalakrishnan (For Equity

Portion)&BekxyKuriakose (For Debt Portion)Managing Since: July2019&Mar2016


Expense Ratio# (AsonAugust30,2019)Direct Plan - 0.87 %

Regular Plan - 2.11 %

`


Investment Objective:TheInvestmentobjectiveoftheSchemeistoprovidelong-termappreciationandcurrentincomebyinvestinginaportfolioofequity,equityrelatedsecuritiesandfixedincomesecurities.


Banks 17.72% Consumer Non Durables 10.95% Software 8.28% Finance 5.76% Cement 4.35% Power 4.09% Petroleum Products 3.88% ConstructionProject 3.33% Telecom - Services 1.90% Pharmaceuticals 1.84%

Gross Yield To Maturity of the Debt Portfolio6.30%

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

ExcludingDebtMutualFundunits:2.99years (28.15%ofthenetassets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.34 years (0.63% of the net assets) (As on August 31, 2019)

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

ExcludingDebtMutualFundunits:2.26years (28.15%ofthenetassets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.12 years (0.63% of the net assets) (As on August 31, 2019)

Market Cap Allocation (As on August 31, 2019) (% of NAV)Equity&EquityRelatedInstrumentsofLargeCapCo. 58.47Equity&EquityRelatedInstrumentsofMidCapCo. 4.51Equity&EquityRelatedInstrumentsofSmallCapCo. 7.68Debt 22.08Mutual Funds 0.63Cash & Other Assets 6.63

Name Rating % of NAV

Banks 16.13HDFCBankLtd. 4.35ICICIBankLtd. 3.99KotakMahindraBankLtd. 2.56State Bank of India 2.53AxisBankLtd. 1.51IndusIndBankLtd. 1.19Consumer Non Durables 10.73ITCLtd. 2.47MaricoLtd. 2.19GlaxoSmithKlineConsumerHealthcareLtd. 1.80HindustanUnileverLtd. 1.80DaburIndiaLtd. 1.66BritanniaIndustriesLtd. 0.81Software 8.28InfosysLtd. 3.52TataConsultancyServicesLtd. 2.72TechMahindraLtd. 1.27HCLTechnologiesLtd. 0.77Finance 5.64HousingDevelopmentFinanceCorporationLtd. 2.29SBILifeInsuranceCompanyLtd. 1.98ICICIPrudentialLifeInsuranceCompanyLtd. 1.37Cement 4.21TheIndiaCementsLtd. 1.26UltratechCementLtd. 1.08ACCLtd. 0.98AmbujaCementsLtd. 0.89Power 4.09TataPowerCompanyLtd. 1.58NTPCLtd. 1.35PowerGridCorporationofIndiaLtd. 1.16Petroleum Products 3.88RelianceIndustriesLtd. 3.88Construction Project 2.61Larsen&ToubroLtd. 1.77IrconInternationalLtd. 0.84Telecom - Services 1.90BhartiAirtelLtd. 1.90Fertilisers 1.70ChambalFertilisersandChemicalsLtd. 1.70Hotels, Resorts And Other Recreational Activities 1.68

TheIndianHotelsCompanyLtd. 1.68Pharmaceuticals 1.22SunPharmaceuticalIndustriesLtd. 1.22Minerals/Mining 0.85CoalIndiaLtd. 0.85


Ferrous Metals 0.80KirloskarFerrousIndustriesLtd. 0.80Other Equities* 6.94Total Equity 70.66 BONDS & NCD 9.69 Housing Development Finance Corporation Ltd CRISIL AAA 1.88

Hindalco Industries Ltd CRISIL AA 1.67Indian Railway Finance Corporation Ltd CRISIL AAA 1.55

Reliance Industries Ltd CRISIL AAA 1.34Bharat Petroleum Corporation Ltd CRISIL AAA 0.92ICICI Bank Ltd [ICRA]AA+ 0.61Dewan Housing Finance Corporation Ltd CARE D 0.47

REC Ltd CRISIL AAA 0.45Export-Import Bank of India CRISIL AAA 0.34Ultratech Cement Ltd CRISIL AAA 0.32EssKayFincorpLtd IND A+(SO) 0.07Power Finance Corporation Ltd CRISIL AAA 0.06Britannia Industries Ltd CRISIL AAA 0.01Sovereign 6.21 7.17%GovernmentofIndia Sovereign 1.857.26%GovernmentofIndia Sovereign 1.217.32%GovernmentofIndia Sovereign 1.007.72%GovernmentofIndia Sovereign 0.686.79%GovernmentofIndia Sovereign 0.516.84%GovernmentofIndia Sovereign 0.437.59%GovernmentofIndia Sovereign 0.276.79%GovernmentofIndia Sovereign 0.26State Government Securities 0.48 8.94%StateGovernment ofGujarat Sovereign 0.288.24%StateGovernment of Maharashtra Sovereign 0.20

Commercial Paper 2.05 GodrejIndustriesLtd. CRISIL A1+ 0.96Export-Import Bank of India CRISIL A1+ 0.64BergerPaintsIndiaLtd. CRISIL A1+ 0.45Certificate of Deposits 3.65 ICICI Bank Ltd [ICRA]A1+ 0.93Axis Bank Ltd CRISIL A1+ 0.83PunjabNationalBank [ICRA]A1+ 0.64Small Industries Development Bank of India CRISIL A1+ 0.63

HDFC Bank Ltd IND A1+ 0.62Investment Funds/Mutual Funds 0.63 Principal Credit Risk Fund - Direct Plan - Growth Option

Mutual Fund 0.63

Cash & Cash Equivalents 6.63 Net Assets 100.00


21

Principal Balanced Advantage Fund(Erstwhile Principal SMART Equity Fund)

(An Open-ended dynamic asset allocation fund)

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

Portfolio


% to Net Assets

% to Net Assets

Deriva-tives

Finance 10.96 -8.26Multi Commodity ExchangeofIndiaLtd. 5.22 -5.15Housing Development Finance CorporationLtd. 3.93 -3.11

ICICI Prudential Life InsuranceCompanyLtd. 1.01


Pharmaceuticals 10.15 -9.49AurobindoPharmaLtd. 5.85 -5.88SunPharmaceuticalIndustriesLtd. 4.30 -3.61

Consumer Non Durables 8.21 -5.57ITCLtd. 5.47 -4.41

HindustanUnileverLtd. 1.78 -1.16

MaricoLtd. 0.96

Banks 7.90 -3.21PunjabNationalBank 2.43 -2.43State Bank of India 1.87 -0.78

HDFCBankLtd. 1.80

ICICIBankLtd. 1.03

KotakMahindraBankLtd. 0.77

Petroleum Products 6.42 -5.32RelianceIndustriesLtd. 6.42 -5.32

Software 4.49 -2.61TataConsultancyServicesLtd. 2.93 -1.95

InfosysLtd. 1.56 -0.66

Cement 4.42 -2.81

ACCLtd. 1.84 -1.25

CenturyTextiles&IndustriesLtd. 1.56 -1.56


Power 4.29 -4.31AdaniPowerLtd. 4.29 -4.31

Telecom - Services 1.86 -0.95

BhartiAirtelLtd. 1.86 -0.95

Ferrous Metals 1.00 -1.00

TataSteelLtd. 1.00 -1.00


Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV16-Aug-19 0.0959 13.4800 0.1074 15.090017-Jul-19 0.0972 13.7500 0.1086 15.380017-Jun-19 0.1093 13.7900 0.1220 15.400017-May-19 0.1112 14.0900 0.1239 15.7100Past 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:209.53


RegularPlan:December16,2010DirectPlan:January1,2013

Benchmark: 50%Nifty100-TRI+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 (AsonAugust31,2019)Standard Deviation^ (Annualised): 4.12%Beta^ : 0.57Sharpe Ratio^ (Annualised) : -0.33 Portfolio Turnover Ratio** : 6.13Equity : 0.44Debt : 0.70Derivatives : 4.98

Fund Manager DetailsName: Ravi Gopalakrishnan (for Equity

Portion)&BekxyKuriakose (For Debt Portion)Managing Since: July2019&January2018


Expense Ratio# (AsonAugust30,2019)Direct Plan - 1.08 %


Industry Allocation of Equity Instruments (Top 10) (As on August 31, 2019) (% of NAV)

Finance 10.96% Pharmaceuticals 10.15% Consumer Non Durables 9.42% Banks 8.53% Petroleum Products 6.42% Power 5.35% Software 5.15% Cement 4.42% Telecom - Services 1.86% Ferrous Metals 1.36%


Period Principal Balanced Advantage Fund

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

Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (31-08-2018 to 30-08-2019) -2.04 9,796.71 1.60 10,159.39 -4.37 9,564.513 Years (31-08-2016 to 30-08-2019) 4.07 11,269.49 8.14 12,642.04 9.31 13,056.175 Years (28-08-2014 to 30-08-2019) 5.49 13,066.49 8.41 14,987.60 8.09 14,765.89Since Inception (16-12-2010 to 30-08-2019) 8.43 20,240.00 8.89 20,999.02 8.71 20,694.02Different 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



Chemicals 0.81


Auto 0.11 -0.11

TataMotorsDVRLtd. 0.11 -0.11


Total Equity 67.90 -43.64

BONDS & NCD 7.74 National Bank for Agriculture and Rural Development

CRISIL AAA 2.43

Indian Railway Finance Corporation Ltd CRISIL AAA 2.42

Housing Development Finance Corporation Ltd CRISIL AAA 1.94

Dewan Housing Finance Corporation Ltd CARE D 0.94

Britannia Industries Ltd CRISIL AAA 0.01

Sovereign 1.50

7.26%GovernmentofIndia Sovereign 1.00

7.32%GovernmentofIndia Sovereign 0.50

State Government Securities 0.51 8.24%StateGovernmen of Maharashtra Sovereign 0.51

Commercial Paper 0.95

GodrejIndustriesLtd. CRISIL A1+ 0.95

Certificate of Deposits 4.67

AxisBankLtd. CRISIL A1+ 2.36

ICICIBankLtd. [ICRA]A1+ 2.31

Treasury Bills 0.31



Net Assets 100.00

NET 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

53.90%

8.00% 5.89% 0.11%

15.68% 16.42%

0%

20%

40%

60%

80%


22

Principal Equity Savings Fund(Anopenendedschemeinvestinginequity,arbitrageanddebt)



Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAVQuarterly Dividend (Last 3 Quarters)17-Jun-19 0.3456 12.7982 N.A. N.A.17-Sep-18 0.1842 12.7142 N.A. N.A.15-Jun-18 0.1528 12.6801 N.A. N.A.Half Yearly Dividend17-Jun-19 0.5100 12.3253 0.6700 12.301015-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:53.55


RegularPlan:May23,2002DirectPlan:January1,2013

Benchmark: 30%Nifty50-TRI+ 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 (AsonAugust31,2019)Average Maturity: 330 DaysModified Duration: 278 DaysGross Yield to Maturity: 6.66%Portfolio Turnover Ratio** : 5.67Equity : 0.57Debt : 0.17Derivatives : 4.93

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 (AsonAugust31,2019).# TotalExpenseRatioincludesGSTonmanagementfees.

Fund Manager DetailsName: Ravi Gopalakrishnan (For Equity Portion)

& Gurvinder Singh Wasan (For Debt Portion)Managing Since: July2019&May2019


Expense Ratio# (AsonAugust30,2019)Direct Plan - 1.21%

Regular Plan - 2.43%

`


Investment Objective:Toprovidecapitalappreciationandincomedistributiontotheinvestorsbyusingequityandequityrelatedinstruments,arbitrageopportunities,andinvestmentsindebtandmoneymarketinstruments.However,therecanbenoassurancethattheinvestmentobjectiveoftheSchemewillberealizedorthatincomewillbegeneratedandtheschemedoesnotassureorguaranteeanyreturns.


Banks 10.60% Finance 10.40% Software 10.31% Pharmaceuticals 8.58%

Consumer Non Durables 7.04%

Cement 5.63% Ferrous Metals 4.87% Petroleum Products 4.27% Non - Ferrous Metals 1.81% Power 1.46%


Period Principal Equity Savings Fund

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

CRISIL 10 Year Gilt Index(Additional Benchmark)

Returns () $PTP Returns Returns () $PTP

Returns Returns () $PTP Returns

1 Year (31-08-2018 to 30-08-2019) 0.58 10,057.52 4.01 10,399.55 16.40 11,635.143 Years (31-08-2016 to 30-08-2019) 5.29 11,671.13 7.94 12,571.81 6.95 12,230.355 Years (28-08-2014 to 30-08-2019) 6.33 13,598.70 7.92 14,645.98 8.97 15,379.44Since Inception (23-05-2002 to 30-08-2019) 7.67 35,861.40 10.18 53,446.65 6.93 31,834.52Differentplansshallhaveadifferentexpensestructure.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 10.60 -2.71HDFCBankLtd. 2.73

ICICIBankLtd. 1.91

PunjabNationalBank 1.70 -1.70

KotakMahindraBankLtd. 1.34

State Bank of India 1.09

Bank of Baroda 1.01 -1.01

AxisBankLtd. 0.82

Software 10.31 -6.80InfosysLtd. 5.27 -4.58TataConsultancyServicesLtd. 4.20 -2.22


Finance 9.77 -6.49Housing Development Finance CorporationLtd. 8.52 -6.49


Pharmaceuticals 8.58 -7.87SunPharmaceuticalIndustriesLtd. 5.55 -4.83AurobindoPharmaLtd. 3.03 -3.04

Consumer Non Durables 7.04 -1.88ITCLtd. 2.80 -1.88GlaxoSmithKlineConsumer HealthcareLtd. 1.32

MaricoLtd. 1.12

DaburIndiaLtd. 1.02

BritanniaIndustriesLtd. 0.78

Cement 5.63 -3.54CenturyTextiles&IndustriesLtd. 3.53 -3.54

ACCLtd. 1.08


Ferrous Metals 4.37 -4.38TataSteelLtd. 4.37 -4.38

Petroleum Products 4.27 -2.57RelianceIndustriesLtd. 4.27 -2.57


% of NAV

% to Net Assets

Deriva-tives

Non - Ferrous Metals 1.81 -1.81

HindalcoIndustriesLtd. 1.81 -1.81



Auto Ancillaries 1.12 -1.13

ExideIndustriesLtd. 1.12 -1.13

Telecom - Services 1.08 -1.08

BhartiAirtelLtd. 1.08 -1.08

Construction 0.88 -0.88

DLFLtd. 0.88 -0.88

Auto 0.84 -0.84

TataMotorsDVRLtd. 0.84 -0.84

Power 0.76

NTPCLtd. 0.76



BONDS & NCD 13.04

National Housing Bank IND AAA 3.76 Suryoday Small Finance Bank Ltd [ICRA]A 3.75Indian Railway Finance Corporation Ltd CRISIL AAA 1.96

UltratechCementLtd. CRISIL AAA 1.89Power Grid Corporation of India Ltd CRISIL AAA 0.98Power Finance Corporation Ltd CRISIL AAA 0.38

EssKayFincorpLtd IND A+(SO) 0.31


Treasury Bills 0.07



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

64.11%

5.85%0.31% 0.84%

13.11% 15.78%

0%

20%

40%

60%

80%

NET EQUITY LEVEL: 29.13


23

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 (31-08-2018 to 31-08-2019) -2.31 9,768.96 7.49 10,749.16 8.38 10,838.18 3 Years (31-08-2016 to 31-08-2019) 3.79 11,179.91 7.13 12,294.29 6.79 12,177.35 5 Years (28-08-2014 to 31-08-2019) 5.60 13,135.42 7.57 14,404.69 7.33 14,243.12 Since Inception (30-08-2004 to 31-08-2019) 6.88 27,161.81 7.17 28,266.66 6.21 24,698.20 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. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

Data As on August 31, 2019

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

22.26%

4.88%

72.86%

0.00% 20.00% 40.00% 60.00% 80.00%

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: 213.06

AUM: 210.44


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 August 31, 2019)Average Maturity: 9 DaysModified Duration: 8 DaysGross Yield to Maturity: 5.30%

Fund Manager DetailsName: Ms. Bekxy KuriakoseManaging Since: May 2019Total Experience: 19 years

Expense Ratio# (As on August 31, 2019)Direct Plan - 0.11 %



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

Commercial Paper 16.56% Certificate of Deposits 5.70% Treasury Bills 4.88% Cash and Other Assets 72.86%


Commercial Paper 16.56 Berger Paints India Ltd. CRISIL A1+ 6.16 Export-Import Bank of India CRISIL A1+ 5.69 NTPC Ltd. [ICRA]A1+ 4.71 Certificate of Deposits 5.70 Axis Bank Ltd. CRISIL A1+ 5.70 Treasury Bills 4.88 91 DAY T-BILL Sovereign 2.51 91 DAY T-BILL Sovereign 2.37 Cash & Cash Equivalents 72.86 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 August 31, 2019: 0.46 Crore

(An open ended liquid scheme)Credit

Risk Rating [ICRA] A1+mfs++

24

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



52.11%

32.59%

7.60%

1.54%

0.15%

6.01%

0.00% 20.00% 40.00% 60.00%

A1+

AAA

D

A+(SO)

Sovereign


Fund Details


Asset Under Managment (` Cr) MAAUM: 167.25

AUM: 162.00 `

Load StructureEntry Load: NILExit Load: • 3% if redeemed on or before 180 days from the date of allotment. • Nil if redeemed after 180 days from the date of allotment. (w.e.f. June 10, 2019)

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


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

Benchmark: CRISIL Low Duration Debt Index



Month End Quants of the Debt Portfolio (As on August 31, 2019)Average Maturity: 187 DaysModified Duration: 150 DaysGross Yield to Maturity: 5.61%Macaulay Duration: 186 Days





Certificate of Deposits 52.11% BONDS & NCD 41.73% Treasury Bills 0.15% Cash and Other Assets 6.01%

Past performance is no guarantee of future result.


Period Principal Low Duration Fund

CRISIL Low Duration Debt Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (31-08-2018 to 30-08-2019) -11.08 8,895.32 9.02 10,899.83 8.39 10,836.58 3 Years (31-08-2016 to 30-08-2019) 0.76 10,228.67 7.83 12,535.20 6.79 12,175.55 5 Years (28-08-2014 to 30-08-2019) 3.82 12,065.74 8.39 14,968.64 7.31 14,241.01 Since Inception (14-09-2004 to 30-08-2019) 6.39 25,286.19 7.58 29,844.63 6.22 24,674.27 Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of ` 10,000/- made at the beginning of relevant period. 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 41.73 National Housing Bank IND AAA 10.88

Housing Development Finance Corporation Ltd. CRISIL AAA 9.36

National Bank for Agriculture and Rural Development CRISIL AAA 9.27


Reliance Industries Ltd CRISIL AAA 3.08

Ess Kay Fincorp Ltd IND A+(SO) 1.54

Certificate of Deposits 52.11 Bank of Baroda [ICRA]A1+ 11.36

Axis Bank Ltd CRISIL A1+ 10.37

Small Industries Development Bank of India CRISIL A1+ 9.14

Punjab National Bank [ICRA]A1+ 6.17

Kotak Mahindra Bank Ltd CRISIL A1+ 6.09

HDFC Bank Ltd IND A1+ 5.99

ICICI Bank Ltd [ICRA]A1+ 2.99

Treasury Bills 0.15 91 DAY T-BILL Sovereign 0.15


25

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)17-May-19 0.0544 12.8738 0.0609 12.912716-Apr-19 0.0595 12.8789 0.0661 12.917915-Mar-19 0.1099 12.9293 0.1158 12.9676Past 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.



48.90%

21.59%

8.07%

6.28%

4.22%

3.54%

7.40%

0.00% 20.00% 40.00% 60.00%

AAA

Sovereign

AA

A1+

D

AA+



Fund Details



AUM: 156.86 `

Load StructureEntry Load: NILExit Load: • 3% if redeemed on or before 180 days from the date of allotment.• Nil if redeemed after 180 days from the date of allotment. (w.e.f. June 10, 2019)

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


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

Benchmark: CRISIL Short-Term Bond Fund Index

Fund Manager DetailsName: Gurvinder Singh Wasan

Managing Since: April 2011Total Experience: 15 years

Month End Quants of the Debt Portfolio (As on August 31, 2019)Average Maturity: 2.64 yearsModified Duration: 2.14 yearsGross Yield to Maturity: 6.84%Macaulay Duration: 2.25 years





BONDS & NCD 64.73% Sovereign 18.21% Certificate of Deposits 6.28%

State Government Securities 3.38%

Cash and Other Assets 7.40%

Past performance is no guarantee of future result. * Effective after the close of business hours on May 29, 2019 Principal Corporate Bond Fund got merged into Principal Short Term Debt Fund.


Period Principal Short Term Debt Fund

CRISIL Short-Term Bond Fund Index


CRISIL 10 Year Gilt Index


(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (31-08-2018 to 30-08-2019) -1.03 9,896.88 10.05 11,002.09 16.40 11,635.14 3 Years (31-08-2016 to 30-08-2019) 3.61 11,121.65 7.59 12,451.20 6.95 12,230.35 5 Years (28-08-2014 to 30-08-2019) 5.90 13,324.58 8.38 14,964.64 8.97 15,379.44 Since Inception (09-05-2003 to 30-08-2019) 7.11 30,664.40 7.28 31,490.92 6.14 26,451.51 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. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

Portfolio

Name Rating % of NAVBONDS & NCD 64.73 Indian Railway Finance Corporation Ltd CRISIL AAA 9.38 IIFL Home Finance Ltd [ICRA]AA 8.07 NTPC Ltd CRISIL AAA 6.53 National Bank for Agriculture and Rural Development CRISIL AAA 6.39 Ultratech Cement Ltd CRISIL AAA 5.80 Reliance Industries Ltd CRISIL AAA 4.74 Dewan Housing Finance Corporation Ltd CARE D 4.22 Bharat Petroleum Corporation Ltd CRISIL AAA 3.91 Power Finance Corporation Ltd CRISIL AAA 3.24 HDFC Bank Ltd CRISIL AA+ 3.22 Housing Development Finance Corporation Ltd CRISIL AAA 3.22 Indiabulls Housing Finance Ltd BWR AAA 3.18 National Housing Bank IND AAA 1.22 Power Grid Corporation of India Ltd CRISIL AAA 0.65 Small Industries Development Bank of India CARE AAA 0.64 ICICI Bank Ltd [ICRA]AA+ 0.32 Sovereign 18.21 7.32% Government of India Sovereign 9.95 7.27% Government of India Sovereign 6.66 6.84% Government of India Sovereign 1.60 State Government Securities 3.38 8.24% State Government of Maharashtra Sovereign 3.38 Certificate of Deposits 6.28 Kotak Mahindra Bank Ltd CRISIL A1+ 6.28 Cash & Cash Equivalents 7.40 Net Assets 100.00

26

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.



70.35%

11.89%

1.44%

16.32%

0.00% 20.00% 40.00% 60.00% 80.00%

Sovereign

AAA

D


Fund Details



AUM: 34.63 `

Load StructureEntry Load: NILExit Load: • 3% if redeemed on or before 180 days from the date of allotment.• 1% if redeemed after 180 days and onor before 365 days from the date ofallotment.• Nil if redeemed after 365 days fromthe date of allotment. (w.e.f. June 10, 2019)

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


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

Benchmark: CRISIL Composite Bond Fund Index


Fund Manager DetailsName: Ms. Bekxy Kuriakose

Managing Since: January 2013Total Experience: 19 years

Month End Quants of the Debt Portfolio (As on August 31, 2019)Average Maturity: 5.95 yearsModified Duration: 4.41 yearsGross Yield to Maturity: 6.41%





Sovereign 64.15% BONDS & NCD 13.33%

State Government Securities 6.20%

Cash and Other Assets 16.32%


BONDS & NCD 13.33

Indian Railway Finance Corporation Ltd. CRISIL AAA 6.06

Housing Development Finance Corporation Ltd. CRISIL AAA 5.83


Sovereign 64.15

7.17% Government of India Sovereign 20.85







State Government Securities 6.20

8.94% State Government of Gujarat Sovereign 3.14

8.24% State Government of Maharashtra Sovereign 3.06


Net Assets 100.00

Maturity ProfilePeriod Portfolio (%)1-3 7.273-5 16.445-10 54.19Above 10 5.78Cash & Others Assets 16.32


Period Principal Dynamic Bond Fund

CRISIL Composite Bond Fund Index


CRISIL 10 Year Gilt Index


(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (31-08-2018 to 30-08-2019) 0.35 10,034.71 13.33 11,328.72 16.40 11,635.14 3 Years (31-08-2016 to 30-08-2019) 3.06 10,944.41 7.72 12,496.10 6.95 12,230.35 5 Years (28-08-2014 to 30-08-2019) 6.39 13,634.99 9.37 15,657.26 8.97 15,379.44 Since Inception (09-05-2003 to 30-08-2019) 6.88 29,628.70 6.89 29,682.29 6.14 26,451.51 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. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

27

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)17-May-19 3.7185 1239.2370 4.8068 1243.270716-Apr-19 7.4055 1242.9240 8.4586 1246.922515-Mar-19 9.0742 1244.5927 9.7345 1248.1984Past 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.



30.92%20.58%

13.76%8.62%8.60%

5.14%3.35%

2.00%0.10%

6.93%0.00% 10.00% 20.00% 30.00% 40.00%

AAAAA

AAA(SO)

AA-A1+

DA+(SO)

SovereignCash & Cash Equivalents

Fund Details



AUM: 58.30 `

Load StructureEntry Load: NILExit Load: • 3% if redeemed on or before 180 days from the date of allotment.• 1% if redeemed after 180 days and onor before 365 days from the date ofallotment.• Nil if redeemed after 365 days fromthe date of allotment. (w.e.f June 10, 2019)

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


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

Benchmark: NIFTY Credit Risk Bond Index


Fund Manager DetailsName: Gurvinder Singh Wasan

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

Month End Quants of the Debt Portfolio (As on August 31, 2019)Average Maturity: 1.34 yearsModified Duration: 1.12 yearsGross Yield to Maturity: 7.83%





BONDS & NCD 87.83% Commercial Paper 5.14% Treasury Bills 0.10% Cash and Other Assets 6.93%


BONDS & NCD 87.83 Suryoday Small Finance Bank Ltd [ICRA]A 13.76 IIFL Home Finance Ltd [ICRA]AA 11.69 Hindalco Industries Ltd CRISIL AA 8.89 Coastal Gujarat Power Ltd CARE AA(SO) 8.62 Jamnagar Utilities & Power Private Ltd CRISIL AAA 8.61 Steel Authority of India Ltd IND AA- 8.60 Power Grid Corporation of India Ltd CRISIL AAA 7.00 Power Finance Corporation Ltd CRISIL AAA 6.54 National Housing Bank IND AAA 6.22 Dewan Housing Finance Corporation Ltd CARE D 3.35 Reliance Industries Ltd CRISIL AAA 2.55 Ess Kay Fincorp Ltd IND A+(SO) 2.00 Commercial Paper 5.14 Godrej Industries Ltd CRISIL A1+ 5.14 Treasury Bills 0.10 91 DAY T-BILL Sovereign 0.10 Cash & Cash Equivalents 6.93 Net Assets 100.00

^The aggregate investments by other schemes of Principal Mutual Fund As on August 31, 2019: 9.89 Crore


Period Principal Credit Risk Fund

NIFTY Credit Risk Bond Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (31-08-2018 to 30-08-2019) -0.06 9993.58 9.35 10932.66 8.39 10836.583 Years (31-08-2016 to 30-08-2019) 4.71 11480.00 8.15 12645.92 6.79 12175.555 Years (28-08-2014 to 30-08-2019) 6.49 13702.96 9.11 15473.82 7.31 14241.01Since Inception (14-09-2004 to 30-08-2019) 7.07 27798.03 8.81 35372.51 6.22 24674.27Different 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.

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-19 5.3116 1064.1408 6.0200 1064.888617-Jul-19 6.1939 1065.0231 6.9466 1065.815217-Jun-19 2.0016 1060.8308 7.1720 1066.0406Past 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.


34.83%

22.69%

0.22%

42.26%

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

A1+

AAA

Sovereign



BONDS & NCD 22.69% Certificate of Deposits 22.01% Commercial Paper 12.82% Treasury Bills 0.22% Cash and Other Assets 42.26%

PortfolioData As on August 31, 2019


BONDS & NCD 22.69 Housing Development Finance Corporation Ltd CRISIL AAA 8.15

National Housing Bank IND AAA 8.09

REC Ltd CRISIL AAA 6.45

Commercial Paper 12.82 Godrej Industries Ltd. CRISIL A1+ 8.01

Export-Import Bank of India CRISIL A1+ 4.81

Certificate of Deposits 22.01 Kotak Mahindra Bank Ltd. CRISIL A1+ 7.91

HDFC Bank Ltd. IND A1+ 7.79

Axis Bank Ltd. CRISIL A1+ 4.76

Bank of Baroda [ICRA]A1+ 1.55

Treasury Bills 0.22 91 DAY T-BILL Sovereign 0.22



Period Principal Ultra Short Term Fund

CRISIL Liquid Fund Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (31-08-2018 to 30-08-2019) 1.29 10,128.79 7.50 10,747.47 8.39 10,836.58 3 Years (31-08-2016 to 30-08-2019) 4.82 11,516.69 7.13 12,292.36 6.79 12,175.55 5 Years (28-08-2014 to 30-08-2019) 6.39 13,634.96 7.56 14,402.42 7.31 14,241.01 Since Inception (28-12-2007 to 30-08-2019) 6.31 20,431.90 7.55 23,395.80 6.58 21,040.15 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. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

Fund Details



AUM: 62.31


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 August 31, 2019)Average Maturity: 131 DaysModified Duration: 118 DaysGross Yield to Maturity: 5.74%Macaulay Duration: 125 Days



Expense Ratio# (As on August 30, 2019)Direct Plan - 0.38%



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 NAV

Banks 17.67ICICI Bank Ltd. 4.51HDFC Bank Ltd. 4.46State Bank of India 2.27Kotak Mahindra Bank Ltd. 2.26

Axis Bank Ltd. 1.30

IndusInd Bank Ltd. 1.07

City Union Bank Ltd. 0.93

Bank of Baroda 0.87

Consumer Non Durables 7.98ITC Ltd. 2.17Marico Ltd. 1.95

GlaxoSmithKline Consumer Healthcare Ltd. 1.46

Dabur India Ltd. 1.45

Britannia Industries Ltd. 0.95

Software 6.89Tata Consultancy Services Ltd. 2.66Infosys Ltd. 2.31

Tech Mahindra Ltd. 0.97

HCL Technologies Ltd. 0.95

Finance 4.51

SBI Life Insurance Company Ltd. 1.80Housing Development Finance Corporation Ltd. 1.60

ICICI Prudential Life Insurance Company Ltd. 1.11

Petroleum Products 3.56Reliance Industries Ltd. 3.56

Power 2.66

Tata Power Company Ltd. 1.60

NTPC Ltd. 1.06


Period Principal Retirement Savings Fund -

Progressive Plan

Nifty 200 FullMarketcap Index - TRI





1 Year (31-08-2018 to 30-08-2019) -7.08 9,294.36 -7.64 9,238.46 -4.37 9,564.51 3 Years (31-08-2016 to 30-08-2019) 4.53 11,420.09 8.18 12,657.15 9.31 13,056.17 Since Inception (14-12-2015 to 30-08-2019) 7.44 13,054.30 11.19 14,826.78 11.87 15,165.59 Different 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. 5 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 NAV

Cement 2.10

The India Cements Ltd. 1.07

Ultratech Cement Ltd. 1.03

Construction Project 2.03Larsen & Toubro Ltd. 2.03


Sun Pharmaceutical Industries Ltd. 1.08

Abbott India Ltd. 0.76Hotels, Resorts And Other Recreational Activities 1.62

The Indian Hotels Company Ltd. 1.62

Fertilisers 1.52

Chambal Fertilisers and Chemicals Ltd. 1.52


Bharti Airtel Ltd. 1.28


Bajaj Electricals Ltd. 1.00

Chemicals 0.92

Phillips Carbon Black Ltd. 0.92


Total Equity 65.74

BONDS & NCD 0.01


Treasury Bills 0.46



Net Assets 100.00

Fund Details

Minimum Investment Amount (`)@

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

RWP- ` 500$

6 installments each


AUM: 2.17


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

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

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

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

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 5.45% risk free rate of return (1 days - MIBOR Rate As on August 30, 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 August 30, 2019)Direct Plan - 1.56%Regular Plan - 2.25%

`


Fund Manager DetailsName: Ravi Gopalakrishnan Managing Since: July 2019Total Experience: 25 years


Banks 18.84% Consumer Non Durables 8.53% Software 6.89% Finance 4.51% Cement 3.64% Petroleum Products 3.56% Pharmaceuticals 2.87% Power 2.66% Construction Project 2.31%

Hotels, Resorts And Other Recreational Activities 1.62%

$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 August 31, 2019)Standard Deviation^ (Annualised): 9.99%Beta^ : 0.73Sharpe Ratio^ (Annualised) : -0.05

Top 10 Equity Holdings* Holding less than 0.75%

30

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

(Erstwhile Principal Asset Allocation Fund of Funds - Conservative Plan)

Portfolio

Name % of NAV % to Net Assets Deriva-tives

Banks 15.74 -10.25Axis Bank Ltd. 6.53 -6.02HDFC Bank Ltd. 5.86 -4.23ICICI Bank Ltd. 1.38State Bank of India 1.21Kotak Mahindra Bank Ltd. 0.76Consumer Non Durables 14.12 -13.21ITC Ltd. 9.86 -8.94Hindustan Unilever Ltd. 4.26 -4.27Ferrous Metals 9.49 -8.84Tata Steel Ltd. 6.21 -5.54JSW Steel Ltd. 3.28 -3.30Pharmaceuticals 5.83 -4.85Dr. Reddy's Laboratories Ltd. 4.83 -4.85Sun Pharmaceutical Industries Ltd. 1.00Construction Project 5.17 -3.76Larsen & Toubro Ltd. 5.17 -3.76Media & Entertainment 3.31 -3.32Sun TV Network Ltd. 3.31 -3.32Software 2.36Tata Consultancy Services Ltd. 1.26Infosys Ltd. 1.10Petroleum Products 1.96Reliance Industries Ltd. 1.96Finance 0.80Housing Development Finance Corporation Ltd. 0.80Other Equities* 11.42 Total Equity 70.20 -44.23Treasury Bills 0.75 91 DAY T-BILL Sovereign 0.75 Cash & Cash Equivalents 29.05 Net Assets 100.00


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

Fund Details



RWP- ` 500$

6 installments each


AUM: 1.32 `




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

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


`





Banks 16.96% Consumer Non Durables 16.64% Ferrous Metals 9.89% Pharmaceuticals 6.53% Construction Project 5.24% Media & Entertainment 3.31% Software 2.71% Petroleum Products 1.96% Finance 1.79% Power 0.93%


Period Principal Retirement Savings Fund -

Conservative Plan

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


CRISIL 10 YearGilt Index

(Additional Benchmark)



1 Year (31-08-2018 to 30-08-2019) -1.45 9,855.70 4.01 10,399.55 16.40 11,635.14 3 Years (31-08-2016 to 30-08-2019) 4.15 11,297.40 7.94 12,571.81 6.95 12,230.35 Since Inception (14-12-2015 to 30-08-2019) 5.55 12,218.70 8.81 13,680.69 8.23 13,413.12 Different 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.5 years performance of Principal Retirement Savings Fund - Conservative Plan is not given as the scheme have not been in existence for 5 years.




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 12.27HDFC Bank Ltd. 3.51ICICI Bank Ltd. 3.15State Bank of India 2.00

Axis Bank Ltd. 1.32

Kotak Mahindra Bank Ltd. 1.18

City Union Bank Ltd. 1.11

Pharmaceuticals 10.79 -9.10Dr. Reddy's Laboratories Ltd. 9.06 -9.10

Abbott India Ltd. 0.91

Sun Pharmaceutical Industries Ltd. 0.82

Cement 7.56 -7.59Grasim Industries Ltd. 7.56 -7.59

Minerals/Mining 6.43 -5.76Coal India Ltd. 6.43 -5.76

Consumer Non Durables 6.22ITC Ltd. 1.84GlaxoSmithKline Consumer Healthcare Ltd. 1.26

Dabur India Ltd. 1.23

Britannia Industries Ltd. 1.00

Marico Ltd. 0.89

Software 3.68Infosys Ltd. 1.89Tata Consultancy Services Ltd. 1.79

Finance 3.27Housing Development Finance Corporation Ltd. 1.41


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

SBI Life Insurance Company Ltd. 1.11ICICI Prudential Life Insurance Company Ltd. 0.75

Power 1.96

Tata Power Company Ltd. 1.07

NTPC Ltd. 0.89

Petroleum Products 1.81Reliance Industries Ltd. 1.81


Larsen & Toubro Ltd. 1.58Hotels, Resorts And Other Recreational Activities 1.36

The Indian Hotels Company Ltd. 1.36


Bharti Airtel Ltd. 1.10


Bajaj Electricals Ltd. 0.93



BONDS & NCD 0.01


Treasury Bills 1.41



Net Assets 100.00

Fund Details



RWP- ` 500$

6 installments each


AUM: 0.71 `




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 August 30, 2019)Direct Plan - 1.62 %Regular Plan - 2.25 %

`





Banks 13.27% Pharmaceuticals 11.27% Cement 8.62% Consumer Non Durables 6.77% Minerals/Mining 6.43% Software 4.41% Finance 3.27% Power 1.96% Construction Project 1.92% Petroleum Products 1.81%


Period Principal Retirement Savings Fund - Moderate

Plan

CRISIL Hybrid 35 + 65 - Aggressive Index*


Nifty 50 TRI(Additional Benchmark)



1 Year (31-08-2018 to 30-08-2019) -3.59 9,641.69 -0.36 9,964.19 -4.37 9,564.51 3 Years (31-08-2016 to 30-08-2019) 4.30 11,346.55 8.33 12,709.33 9.31 13,056.17 Since Inception (14-12-2015 to 30-08-2019) 5.90 12,369.90 10.68 14,573.89 11.87 15,165.59 Different 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 200.5 years performance of Principal Retirement Savings Fund - Moderate Plan is not given as the scheme have not been in existence for 5 years.




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 August 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: 15.29


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

Benchmark: MSCI All Country World Small Cap Index - TRI

`

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

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


`


Fund Manager DetailsName: Rajat Jain

Managing Since: March 2004Total Experience: 30 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 100.71 PGIF Origin Global Smaller Companies Fund - Usd I Class Accumulation Mutual Fund 100.71 Treasury Bills 0.06 91 DAY T-BILL Sovereign 0.06 Cash & Cash Equivalents -0.77Net Assets 100.00

Name % of NAV

Amedisys, Inc. 0.91Beach Energy Limited 0.86Steadfast Group Limited 0.85OneMain Holdings, Inc. 0.82Entertainment One Ltd. 0.81LHC Group, Inc. 0.81Magellan Financial Group Ltd 0.80Elecom Co., Ltd. 0.79JD Sports Fashion Plc 0.77Appen Ltd. 0.76DTS Corporation 0.76NS Solutions Corp 0.75Medpace Holdings, Inc. 0.73TCI Co. Ltd. 0.73Atkore International Group Inc. 0.72Inphi Corporation 0.72Barco NV 0.71Toei Animation Co., Ltd. 0.71Forward Air Corporation 0.71Computacenter Plc 0.70Towa Pharmaceutical Co., Ltd. 0.70Future plc 0.70Generac Holdings Inc. 0.70Bechtle AG 0.69Houlihan Lokey, Inc. Class A 0.68Northern Star Resources Ltd 0.68Lifco AB Class B 0.68Fox Factory Holding Corp. 0.68Exxaro Resources Limited 0.67LGI Homes, Inc. 0.67Digital Arts Inc. 0.67NV5 Global Inc 0.67Serba Dinamik Holdings Bhd 0.66Chailease Holding Co. Ltd. 0.66Radian Group Inc. 0.65Chaun-Choung Technology Corp. 0.65Aaron's, Inc. 0.64Hub Group, Inc. Class A 0.64Asbury Automotive Group, Inc. 0.63Companhia de Locacao das Americas 0.63Reply S.p.A. 0.63Alten SA 0.62Diploma PLC 0.62Xtep International Holdings Limited 0.61Tricon Capital Group Inc. 0.61MSA Safety, Inc. 0.61Novatek Microelectronics Corp. 0.59Realtek Semiconductor Corp 0.59GB Group PLC 0.59Saracen Mineral Holdings Limited 0.59En-Japan Inc. 0.59Sul America SA Ctf de Deposito de Acoes Cons of 1 Sh + 2 Pfd Shs 0.58TIS Inc. 0.58Meritor, Inc. 0.57HomeServe plc 0.57TRANCOM Co., Ltd. 0.57Interroll Holding AG 0.57Grupo Aeroportuario del Centro Norte SAB de CV Class B 0.56Evercore Inc Class A 0.56Kadant Inc. 0.56ATS Automation Tooling Systems Inc. 0.56EMCOR Group, Inc. 0.56TCS Group Holding Plc Sponsored GDR Class A RegS 0.56Choice Hotels International, Inc. 0.55Essent Group Ltd. 0.55Thanachart Capital Public Co., Ltd.(Alien Mkt) 0.55Elite Material Co., Ltd. 0.55Insight Enterprises, Inc. 0.54Ingevity Corporation 0.54Chemed Corporation 0.54NMI Holdings, Inc. Class A 0.54Itochu Techno-Solutions Corporation 0.53Radiant Opto-Electronics Corp. 0.53PT ACE Hardware Indonesia Tbk 0.53Dialog Semiconductor plc 0.53Egis Technology, Inc. 0.53Molina Healthcare, Inc. 0.53Howden Joinery Group PLC 0.52Greencore Group Plc 0.52EDP - Energias do Brasil S.A. 0.52Koshidaka Holdings Co., Ltd. 0.52YDUQS Participacoes S.A. 0.51Sandfire Resources NL 0.51Zhen Ding Technology Holding Limited 0.50MGIC Investment Corporation 0.50ANI Pharmaceuticals, Inc. 0.50Meritz Securities Co., Ltd 0.50Landstar System, Inc. 0.50Deckers Outdoor Corporation 0.50SINBON Electronics Co., Ltd. 0.49Qualicorp Consultoria e Corretora de Seguros S.A. 0.49Britvic plc 0.49Assore Limited 0.49Regis Resources Limited 0.49TriNet Group, Inc. 0.49Loomis AB Class B 0.49First Defiance Financial Corp. 0.49Parade Technologies, Ltd. 0.48

Name % of NAV

Polypipe Group PLC 0.48Equitable Group Inc. 0.48Lithia Motors, Inc. Class A 0.48China Tian Lun Gas Holdings Limited 0.47Tegma Gestao Logistica S.A. 0.47Yangzijiang Shipbuilding (Holdings) Ltd. 0.47Cirrus Logic, Inc. 0.47Zhejiang Expressway Co. Ltd. Class H 0.47SolarEdge Technologies, Inc. 0.47Mastercraft Boat Holdings, Inc. 0.47Funko, Inc. Class A 0.47Banco ABC Brasil SA Conv Pfd 0.47Universal Forest Products, Inc. 0.46Amano Corporation 0.46ManTech International Corporation Class A 0.45SYNNEX Corporation 0.45Sleep Number Corporation 0.45Innospec Inc. 0.45Chicony Electronics Co. Ltd. 0.45Mycronic AB 0.45Simplo Technology Co. Ltd. 0.45John Bean Technologies Corporation 0.45INTER ACTION Corporation 0.44Hansol Chemical Co., Ltd 0.44American Equity Investment Life Holding Company 0.44Azimut Holding Spa 0.44Kforce Inc. 0.44Taiwan Union Technology Corporation 0.44Helen of Troy Limited 0.44RWS Holdings plc 0.44METAWATER Co.Ltd. 0.44Group 1 Automotive, Inc. 0.43Cresco,Ltd. 0.43Warrior Met Coal, Inc. 0.43YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H 0.42Axon Enterprise Inc 0.42Envestnet, Inc. 0.42PRA Health Sciences, Inc. 0.42Meitec Corporation 0.42i3 Verticals, Inc. Class A 0.42IMCD N.V. 0.41Chimera Investment Corporation 0.41Allegiant Travel Company 0.41Parex Resources Inc. 0.41Oshkosh Corp 0.41Television Francaise 1 SA 0.40SpareBank 1 SMN 0.40Nihon Unisys,Ltd. 0.40Timken Company 0.40Mercer International Inc. 0.40Solutions 30 SE 0.40Ausnutria Dairy Corp. Ltd. 0.40John Laing Group Plc 0.40j2 Global, Inc. 0.40MFA Financial, Inc. 0.40Virtus Investment Partners, Inc. 0.40SLM Corp 0.40Chlitina Holding Ltd. 0.39MAXIMUS, Inc. 0.39Stillfront Group AB 0.39Tekfen Holding Anonim Sirketi 0.39Metropole Television SA 0.38Bellway p.l.c. 0.38Merry Electronics Co., Ltd. 0.38Clinigen Group Plc 0.38Installed Building Products, Inc. 0.38Upland Software, Inc. 0.38Kyudenko Corporation 0.38Feng Tay Enterprise Co., Ltd. 0.37Canon Marketing Japan Inc. 0.37Malibu Boats Inc Class A 0.37ProPetro Holding Corp. 0.37Sawai Pharmaceutical Co., Ltd. 0.36Addus HomeCare Corporation 0.36Webjet Limited 0.36New York Mortgage Trust, Inc. 0.35Fabrinet 0.35Enanta Pharmaceuticals, Inc. 0.35Spectrum ASA 0.34MTY Food Group Inc. 0.34Cactus, Inc. Class A 0.34PARTRON Co., Ltd. 0.34OneSavings Plc 0.34Charter Court Financial Services Group Ltd. 0.34Mediaset Espana Comunicacion SA 0.32Sanne Group PLC 0.31Westshore Terminals Investment Corporation 0.31Meet Group Inc 0.30DoubleUGames Co., Ltd. 0.30DMC Global Inc. 0.30Compania de Distribucion Integral Logista Holdings S.A. 0.30Dorman Products, Inc. 0.29Comfort Systems USA, Inc. 0.28Giken Ltd. 0.28Maeda Kosen Co., Ltd. 0.26Health Insurance Innovations, Inc. Class A 0.22Evolution Gaming Group AB 0.11Cash 1.47Total 100.00

Principal Global Investor Fund - Origin Global Smaller Companies Fund (Underlying Fund) as on July 31, 2019

Regional Allocation of underlying fund (As on July 31, 2019) (% of NAV)

North America 41.29% Emerging Markets 20.28% Japan 11.41% United Kingdom 9.93% Europe Ex Uk 9.26% Asia Ex Japan 6.37% Cash 1.47%

Industry Allocation of underlying fund (As on July 31, 2019) (% of NAV)

Information Technology 24.71% Industrials 22.27% Financials 14.68% Consumer Discretionary 12.26% Health Care 7.49% Materials 5.03% Communication Services 4.02% Energy 3.95% Consumer Staples 2.52% Utilities 0.99% Real Estate 0.61% Cash 1.47%


Period Principal Global Opportunities Fund

MSCI All Country World Small Cap Index - TRI

(Scheme’s Benchmark)Nifty 50 - TRI

(Additional Benchmark)

^Returns (%)

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

1 Year (31-08-2018 to 30-08-2019) -10.36 8,966.53 -7.59 9,242.75 -4.37 9,564.51

3 Years (31-08-2016 to 30-08-2019) 8.28 12,692.05 9.65 13,181.73 9.31 13,056.17

5 Years (28-08-2014 to 30-08-2019) 3.61 11,946.08 8.67 15,166.54 8.09 14,765.89

Since Inception (29-03-2004 to 30-08-2019) 7.07 28,709.30 11.97 57,203.75 14.13 76,856.11

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 30th August 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 -15.14 5.37 12.21 23.27

12-11-2008NIFTY Large Midcap 250 Index - TRI -12.21 7.03 9.72 16.81Principal Focused Multicap Fund -6.75 5.66 7.51 13.99

11-11-2005S&P BSE 250 Large Midcap - TRI -7.71 8.32 8.85 12.63Principal Dividend Yield Fund -11.81 7.72 8.27 11.33

15-10-2004Nifty Dividend Opportunities 50 - TRI -8.77 8.11 6.91 NA

FUNDS MANAGED BY MR. RAVI GOPALAKRISHNAN (TOTAL SCHEMES MANAGED : 9 SCHEMES)Principal Multi Cap Growth Fund -12.83 6.51 8.85 14.62

25-10-2000Nifty 500 Index - TRI -9.05 7.57 8.39 15.13Principal Tax Savings Fund -13.61 6.12 8.60 15.43

31-03-1996Nifty 500 Index - TRI$ -9.05 7.57 8.39 13.07Principal Personal Tax Saver Fund -14.18 1.65 5.06 18.46

31-03-1996Nifty 500 Index - TRI$ -9.05 7.57 8.39 13.07Principal Balanced Advantage Fund (Equity Portion) -2.04 4.07 5.49 8.43

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 1.60 8.14 8.41 8.89

Principal Hybrid Equity Fund (Equity Portion) -8.77 7.84 9.40 10.6114-01-2000

CRISIL Hybrid 35+65 - Aggressive Index** -0.36 8.33 9.19 NAPrincipal Equity Savings Fund (Equity Portion) 0.58 5.29 6.33 7.67

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 4.01 7.94 7.92 10.18Principal Retirement Savings Fund(Conservative Plan) -1.45 4.15 NA 5.55

14-12-201530% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 4.01 7.94 NA 8.81Principal Retirement Savings Fund(Progressive Plan) -7.08 4.53 NA 7.44

14-12-2015Nifty 200 Full Marketcap Index - TRI -7.64 8.18 NA 11.19Principal Retirement Savings Fund(Moderate Plan) -3.59 4.30 NA 5.90

14-12-2015CRISIL Hybrid 35+65 - Aggressive Index** -0.36 8.33 NA 10.68

FUNDS MANAGED BY MR. GURVINDER SINGH WASAN (TOTAL SCHEME MANAGED : 3 SCHEMES)Principal Short Term Debt Fund -1.03 3.61 5.90 7.11

09-05-2003CRISIL Short Term Bond Fund Index 10.05 7.59 8.38 7.28Principal Credit Risk Fund -0.06 4.71 6.49 7.07

14-09-2004NIFTY Credit Risk Bond Index 9.35 8.15 9.11 8.81Principal Equity Savings Fund (Debt Portion) 0.58 5.29 6.33 7.67

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 4.01 7.94 7.92 10.18

FUNDS MANAGED BY MR. RAJAT JAIN (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Nifty 100 Equal Weight Fund -15.64 2.64 3.72 9.82

27-07-1999Nifty 100 Equal Weight - TRI -14.53 3.14 6.27 NAPrincipal Arbitrage Fund -1.34 2.86 NA 3.32

21-04-2016Nifty 50 Arbitrage Index 6.94 5.38 NA 5.50Principal Global Opportunities Fund -10.36 8.28 3.61 7.07

29-03-2004MSCI All Country World Small Cap Index - TRI -7.59 9.65 8.67 11.97

FUNDS MANAGED BY MS. BEKxY KURIAKOSE (TOTAL SCHEMES MANAGED : 6 SCHEMES)Principal Hybrid Equity Fund (Debt Portion) -8.77 7.84 9.40 10.61

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** -0.36 8.33 9.19 NAPrincipal Dynamic Bond Fund 0.35 3.06 6.39 6.88

09-05-2003CRISIL Composite Bond Fund Index 13.33 7.72 9.37 6.89Principal Balanced Advantage Fund (Debt Portion) -2.04 4.07 5.49 8.43

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 1.60 8.14 8.41 8.89

Principal Cash Management Fund{as on 31st Aug 2019}

-2.31 3.79 5.60 6.8830-08-2004

CRISIL Liquid Fund Index 7.49 7.13 7.57 7.17Principal Low Duration Fund -11.08 0.76 3.82 6.39

14-09-2004CRISIL Low Duration Debt Index 9.02 7.83 8.39 7.58Principal Ultra Short Term Fund 1.29 4.82 6.39 6.31

28-12-2007CRISIL Liquid Fund Index 7.50 7.13 7.56 7.55

FUNDS MANAGED BY MR. SIDDARTH MOHTA (TOTAL SCHEMES MANAGED : 1 SCHEME)Principal Multi Cap Growth Fund -12.83 6.51 8.85 14.62

25-10-2000Nifty 500 Index - TRI -9.05 7.57 8.39 15.13Principal Arbitrage Fund was launched on 21st Apr 2016 and is yet to complete 5 years of performance.Principal Retirement Savings Fund (Conservative Plan, Progressive Plan & Moderate Plan) was launched on 14th Dec 2015 and is yet to complete 5 years of performance. Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.Mr. 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. Ravi Gopalakrishnan manages Principal Multi Cap Growth Fund, Principal Tax Savings Fund, Principal Personal Tax Saver Fund, Principal Balanced Advantage Fund - Equity Portion, Principal Hybrid Equity Fund - Equity Portion, Principal Equity Savings Fund - Equity Portion and Principal Retirement Savings Fund (Conservative Plan-Progressive Plan-Moderate Plan) & Principal Small Cap Fund (w.e.f. July 2019)Mr. Siddarth Mohta has been appointed as a Associate Fund Manager of Principal Multi Cap Growth Fund (w.e.f. August 2018) & Principal Small Cap Fund (w.e.f. May 2019)Ms. Bekxy Kuriakose manages Principal Cash Management Fund, Principal Low Duration Fund & Principal Ultra Short Term Fund (w.e.f. May 2019)Mr. Gurvinder Singh Wasan manages Principal Short Term Debt Fund (w.e.f. April 2011), Principal Credit Risk Fund and Principal Equity Savings Fund - Debt Portion (w.e.f. May, 2019) Mr. Rajat Jain manages Principal Nifty 100 Equal Weight Fund (w.e.f. August 2015), Principal Arbitrage Fund (w.e.f. April 2016) and Principal Global Opportunities Fund (w.e.f. March 2004) Ms. Bekxy Kuriakose manages Principal Hybrid Equity Fund- Debt Portion (w.e.f. Mar 2016), Principal 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.Performance of Principal Small Cap Fund is not given as the scheme has not completed 1 year.

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.

Documents

46,800 - Principal Mutual Fund India · MSCI India however did better than the MSCI EM (USD) index which was down 5.1%. FII flowswere negative at RS. 17,592 crores during the month,