Index []...1 Index Details 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

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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: June 2019• Globally,riskassetsincludingEMequitydidwellledbyhopesofsynchronizedglobaleasingbycentralbanks,ledby

the US Fed. The FOMC kept interest rates on hold and signaled a bias towards lower rates in the future (by dropping the ‘patience’ in its guidance) due to lower growth and below par inflation. The US 10 year yield dropped below 2% for the first time since November 2016 on expectation that the Fed would cut rates. The bullish sentiment was aided by the decision of Messrs. Trump and Xi Jinping to meet at the G-20 summit to resolve the deadlock in trade issues. Globalequitymarkets rallied; theMSCIEMEquity index (USD)wasup5.7%,andMSCIWorld indexwasup6.5%duringthemonth.TheJPMorganEMFXindexwasup2.2%,andtheLondonMetalExchangeindexofsixkeymetalswasup2%.Indianmarketshowever,havingralliedsubstantiallyinMayaroundtheelectionresults,tookabreatherand underperformed EM equity during June with MSCI India (UD) index down 0.5% during the month. FPI inflows moderatedtoRs.2600croresinJune,afterverystrongnumbersinthepastfourmonths(February–May)amountingtojustoverRs.80,000crores.MutualFundswerebuyersofequitytotheextentofRs.6200croresinJune.Globally,EMequityfundssawnetredemptionsofUSD7.6BNduringthemonth(tillJune26,JPMdata).

• InIndianmacrodata,CPIinflationroseduetohigherfoodprices,butcoreinflationhasmoderatedsharplyto4.1%inMay (led by both goods & services). This should partly offset higher food inflation and keep overall inflation within the 4%targetinFY20.TheIIPnumbersrose,andwhileitislikelythattheindustrialgrowthisbottomingout,weakautodemand,NBFCstressandsoftglobaldemandprobablymeanthatwemayhaveweakindustrialnumbersoverthenextcouple of quarters.

• Among sectors, utilities, industrials andfinancials did relatively better.The revisedRBI circular on stressed assets(which provides for resolution to be binding once its approved by creditors representing 75% of value of outstanding credit and being approved by 60% or more of lenders by number) was a positive for power companies and NBFCs focused on power sector as power industry has seen high levels of stress.

Equity Market Outlook• Themarketswillwatchthebudgetforthegovernment’spolicyannouncementsregardingtheeconomy,andthesteps

it takes to put the economy on the growth path given the fiscal constraints it faces. It is likely that the government willinfusecapitalintoPSUbanks(tohelpthecreditcycle),andincreased(thoughmoderate)fiscalspendtohelpwithgrowth. The focus on infrastructure should continue esp. on rural housing and roads.

• Theothereventtowatchforisthemonsoons,whichprogresshasbeenveryuneven.Julywillbeacriticalmonthtowatch from this perspective.

• WecontinuetobelievethatFY20willbeamoderateyearforequityreturnsgiventhevaluationsandearningstrajectory.However,thebreadthofthemarketshouldwidenwithperformancecomingfromabroadersetofstocksratherthana limited set which have driven market performance over the past 12-15 months.

Data Item Growth

1 Month 1 yearMSCI EM Index (USD) 5.70 -1.37MSCI EM Index Local 4.07 -0.75MSCI World Index (USD) 6.46 4.26Nifty 100 Equal Weight Index -1.66 -0.90Indian Rupee 0.96 -0.81Dollar Index (DXY) -1.66 1.76Crude Oil- Brent 3.19 -16.23CRB Index -1.94 -7.11Gold 7.96 12.53Copper 2.80 -9.55Iron Ore 14.10 80.40Cotton (Cotlook A Index) -3.75 -17.20JP Morgan EM FX Index 2.20 -2.58Data as on 28th June 2019.Source:Bloomberg,NSDLandSebi websites

Indicators May-19 June-19FII net flows (Rs. Crs) 7,919 2,596Mutual Fund net flows (Rs. Crs) 5,163 6,232Exports (USD Billion) 26.07 29.99Imports (USD Billion) 41.40 45.35CPI 2.92 3.05IIP -0.10 3.43Dataason28thJune2019.Souce:Bloomberg,NSDLandSebiwebsites

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Fixed Income Market Update: June 2019• Duringthemonth,wesawcontinuityofrallyinbondpriceswhichhadstartedinMay2019.Yieldsfellacross

most asset classes due to rate cut by a 6-0 vote by MPC accompanied by change in stance to ‘accommodative’ from‘neutral’andfurtherliquiditymeasuresincludinganunexpectedOMO,fallinUStreasuryyieldsonbackof trade tensions and positive flows from FPIs coupled with appreciating rupee.

• RBIconductedanotherunexpectedOMOworthRs12500crformonthofJune2019afterconductingRs15000cr earlier in June and Rs. 25000 cr of OMOs in May to inject durable liquidity.

• Thetenyrgiltbenchmarkclosedthemonthat6.88%,15bpslowerthanpreviousmonth.ThetenyrAAACorporatebondbenchmarkclosedat8.07%,10bpslowerthanpreviousmonth.TenyrSDLspreadsfellonlower than expected SDL borrowing and overall improved sentiment to be in a range of 55-60 bps to the ten yr gilt benchmark.

• 1yearCDratesclosedsharplylowerat7.18%,flatm-o-monthebackof55bpsfallinthepreviousmonth.1yr T bill yield closed 9bps lower at 6.13%. 3 month CD rates closed at 6.45% (40 bps lower).

• BrentCrudeoilpriceswereflattishatUSD64.4perbarrel.OvertwomonthstheyhavefallenbyalmostUSD8perbarrel.INRappreciatedto69.03ascomparedtoRs69.70inpreviousmonth.ForthemonthofMay,FPIs turned net buyers in the debt market to the tune of app. Rs 6114cr. India’s May trade deficit came in USD 15.36bn as compared to USD 15.33 bn in previous month.

• US-Chinatradetensionshasledtoexpectationsofslowdowninglobalgrowthandariskoffrallyinglobalbondyields.UStenyrbenchmarktreasuryyieldendedthemonthat2.01%,12bpshigherthanpreviousmonth.

• MayWPIdatareleasecameat2.45%,lowerthanthepreviousreadingof3.07%.CPIforMaycameat3.05%compared to 2.99% in previous month.

• AprilIndustrialproduction(IIP)growthcameat3.4%comparedto0.4%forpreviousmonth.

• ForthemonthbankswerenetlendersforanaverageamountofRs49,276crvsnetborrowersofRs35387Cr in the previous month at various RBI liquidity facilities put together reflecting movement of liquidity conditions to surplus mode from deficit mode.

Outlook:

• WeexpectBankingSystemliquiditytostayinsurplusmodefortheentiremonthofJuly.Thisshouldkeeptheshorter end of the curve supported especially the money market rates

• Wethinkthemovementintheyieldsacrossassetclasseswithdurationwouldbedictatedbythefiscalbudgetto be announced on 5th of Jul 2019. Our base case remains that fiscal deficit of 3.4% would be adhered to and there would not be any extra borrowings announced. Any higher fiscal slippage or any increase in supply of gsec would be negative for bond market with potential rise in yields.

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Broad Indices

Nifty 50 11789 -1.12 1.89 8.53 10.03

S&P BSE Sensex 39395 -0.80 2.20 9.22 11.21

S&P BSE 100 11910 -1.12 1.42 6.71 8.39

S&P BSE 200 4927 -1.20 0.96 5.86 6.91

S&P BSE 500 15292 -1.46 0.50 5.17 5.25

S&P BSE MID CAP 14808 -1.91 -3.39 -4.08 -4.16

S&P BSE SMALL CAP 14239 -4.22 -4.55 -3.18 -11.18

Performance As on June 28, 2019*

Index 1 Month(%)

3 Months(%)

6 Months(%)

1 Year(%)

Sectoral Indices

S&P BSE AUTO 17904 -2.94 -3.73 -14.06 -24.89

S&P BSE Bankex 34972 -0.83 2.39 15.13 19.56

S&P BSE CD 26128 5.78 10.32 26.25 29.30

S&P BSE CG 19855 -0.42 7.98 5.50 13.54

S&P BSE FMCG 11362 -1.36 -3.37 -3.95 1.33

S&P BSE HC 12889 -3.12 -9.31 -7.43 -7.96

S&P BSE METAL 11107 3.26 0.10 -6.19 -14.98

S&P BSE Oil & Gas 14803 -5.92 -2.22 7.67 8.37

S&P BSE PSU 7832 0.08 3.43 8.23 7.42

S&P BSE Teck 7674 -1.20 1.06 8.61 7.11

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

4

How to Read Factsheet

Fund Manager -Anemployeeoftheassetmanagementcompanysuchasamutualfundor life insurer,whomanages investmentsofthescheme. He is usually part of a larger team of fund managers and research analysts.

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

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

Yield To Maturity - The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annualrate.TheYTMfactorsinthebond’scurrentmarketprice,parvalue,couponinterestrateandtimetomaturity.

SIP - SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bankdeposit.Forinstance,aninvestormayoptforanSlPthatinvests` 500 every 15th of the month in an equity fund for a period of three years.

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

Benchmark -Agroupofsecurities,usuallyamarketindex,whoseperformanceisusedasastandardorbenchmarktomeasureinvestmentperformance ofmutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-YearG-sec.

Entry Load - A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. Forinstance,iftheNAVis`100andtheentryloadis1%,theinvestorwillenterthefundat` 101.Note:SEBI,videcirculardatedJune30,2009hasabolishedentryloadandmandatedthattheupfrontcommissiontodistributorswillbepaidbytheinvestordirectlytothedistributor,basedonhisassessmentofvariousfactorsincludingtheservicerenderedbythedistributor.

Exit Load - Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV atthetimeofredemption.Forinstance,iftheNAVis`100andtheexitloadis1%,theredemptionpricewouldbe` 99 per unit.

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

Standard Deviation - Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standarddeviation,itsmeansitsrangeofperformanceiswide,implyinggreatervolatility.

Sharpe Ratio -TheSharpeRatio, namedafter its founder, theNobel LaureateWilliamSharpe, is ameasureof risk-adjusted returns. It iscalculated using standard deviation and excess return to determine reward per unit of risk.

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

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

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

Nature Of Scheme -Theinvestmentobjectiveandunderlyinginvestmentsdeterminethenatureofthemutualfundscheme.Forinstance,amutualfundthataimsatgeneratingcapitalappreciationbyinvestinginstockmarketsisanequityfundorgrowthfund.Likewise,amutualfund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile - Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fundinvariousinvestmentsbasedontheirratingsbecomestheratingprofileofthefund.Typically,thisisafeatureofdebtfunds.

MAAUM - Monthly Average Asset Under Management

++ ICRA has assigned credit risk rating of [ICRA]A1+mfs to Principal Cash Management Fund. Rating methodology used by ICRA is based on evaluating the inherentcreditqualityofthemutualfundsportfolio.Asameasureofthecreditqualityofadebtfund’sassets,ICRAusestheconceptof“creditscores”,basedonICRA’sassessmentofcreditriskassociatedwitheachexposureoftheportfoliotakingintoaccountitsmaturity.Toquantifythecreditriskscores,ICRAuses its database of historical default rates for various rating categories for various maturity buckets. The credit risk ratings incorporate ICRA’s assessment ofadebtfund’spublishedinvestmentobjectivesandpolicies,itsmanagementcharacteristics,andthecreditworthinessofitsinvestmentportfolio.ICRAreviews relevant fund information on an ongoing basis to support its published rating opinions. If the portfolio credit score meets the benchmark of the assignedratingduringthereview,theratingisretained.Inaneventthatthebenchmarkcreditscoreisbreached,ICRAgivesamonth’stimetothedebtfundmanager to bring the portfolio credit score within the benchmark credit score. If the debt fund manager is able to reduce the portfolio credit score within thebenchmarkcreditscore,theratingisretained.Iftheportfoliostillcontinuestobreachthebenchmarkcreditscore,theratingisrevisedtoreflectthechangeincreditquality.Theratingsshould,however,notbeconstruedasanindicationoftheprospectiveperformanceoftheMutualfundschemeorofvolatilityinitsreturns.ICRAratingsshouldnotbetreatedasrecommendationtobuy,sellorholdtherateddebtinstruments.ICRAratingsaresubjecttoaprocess of surveillance which may lead to a revision in ratings. Source: ICRA Ltd.

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

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

Product Suitability

6

Equity Funds

Principal Emerging Bluechip Fund (`) Principal Multi Cap Growth Fund (`) Principal Tax Savings Fund (`)Regular Plan - Growth 103.98 Regular Plan - Growth 142.62 Regular Plan - Growth 208.88Regular Plan - Half Yearly Dividend Option 40.15 Regular Plan - Half Yearly Dividend Option 35.26 Regular Plan - Half Yearly Dividend Option 208.88Direct Plan - Growth 110.42 Direct Plan - Growth 149.55 Direct Plan - Growth 216.15Direct Plan - Half Yearly Dividend Option 84.07 Direct Plan - Half Yearly Dividend Option 44.79 Direct Plan - Half Yearly Dividend Option 216.15

Principal Nifty 100 Equal Weight Fund (`) Principal Focused Multicap Fund (`) Principal Dividend Yield Fund (`)Regular Plan - Growth 71.1749 Regular Plan - Growth 64.90 Regular Plan - Growth 53.16Regular Plan - Dividend 41.8310 Regular Plan - Half Yearly Dividend Option 25.71 Regular Plan - Half Yearly Dividend Option 22.38Direct Plan - Growth 73.3206 Direct Plan - Growth 67.85 Direct Plan - Growth 54.98Direct Plan - Dividend 43.0899 Direct Plan - Half Yearly Dividend Option 26.47 Direct Plan - Half Yearly Dividend Option 30.49

Principal Small Cap Fund (`) Principal Personal Tax Saver Fund (`)Regular Plan - Growth 10.20 Regular Plan - Growth 195.66Regular Plan - Dividend 10.20 Direct Plan - Growth 203.02Direct Plan - Growth 10.22Direct Plan - Dividend 10.22

Hybrid Funds

Principal Hybrid Equity Fund (`) Principal Balanced Advantage Fund (`) Principal Equity Savings Fund (`)Regular Plan - Growth 76.37 Regular Plan - Growth 20.48 Regular Plan - Growth 36.2955Regular Plan - Monthly Dividend Option 24.56 Regular Plan - Monthly Dividend Option 13.75 Regular Plan - Quaterly Dividend Option 12.5123Direct Plan - Growth 81.41 Direct Plan - Growth 21.95 Regular Plan - Half Yearly Dividend Option 11.8721Direct Plan - Monthly Dividend Option 29.74 Direct Plan - Monthly Dividend Option 15.37 Direct Plan - Growth 38.4476

Direct Plan - Quaterly Dividend Option 15.6344Direct Plan - Half Yearly Dividend Option 11.6913

Principal Arbitrage Fund (`)Regular Plan - Growth 11.0845Regular Plan - Monthly Dividend Option 10.0210Direct Plan - Growth 11.3041Direct Plan - Monthly Dividend Option 10.1578

Fixed Income Funds

Principal Cash Management Fund* (`) Principal Low Duration Fund (`) Principal Short Term Debt Fund (`)Regular Plan - Growth 1681.5214 Regular Plan - Growth 2494.0749 Regular Plan - Growth 30.0353Regular Plan - Daily Dividend Option 967.1439 Regular Plan - Daily Dividend Option 851.5256 Regular Plan - Monthly Dividend Option 11.7857Regular Plan - Weekly Dividend Option 972.7592 Regular Plan - Weekly Dividend Option 851.6661 Direct Plan - Growth 31.5232Regular Plan - Monthly Dividend Option 992.5536 Regular Plan - Monthly Dividend Option 965.8877 Direct Plan - Monthly Dividend Option 11.8234Direct Plan - Growth 1690.0449 Direct Plan - Growth 2589.1527Direct Plan - Daily Dividend Option 967.5502 Direct Plan - Daily Dividend Option 853.4407Direct Plan - Weekly Dividend Option 973.8526 Direct Plan - Weekly Dividend Option 852.1606Direct Plan - Monthly Dividend Option 993.2732 Direct Plan - Monthly Dividend Option 968.2335

Principal Dynamic Bond Fund (`) Principal Credit Risk Fund (`) Principal Ultra Short Term Fund (`)Regular Plan - Growth 29.0956 Regular Plan - Growth 2734.9251 Regular Plan - Growth 2018.3501Regular Plan - Quaterly Dividend Option 12.5343 Regular Plan - Monthly Dividend Option 1158.1819 Regular Plan - Daily Dividend Option 1004.9888Regular Plan - Annually Dividend Option 11.1557 Direct Plan - Growth 2820.1354 Regular Plan - Weekly Dividend Option 1019.1939Direct Plan - Growth 30.5474 Direct Plan - Monthly Dividend Option 1162.3053 Regular Plan - Monthly Dividend Option 1060.1474Direct Plan - Quaterly Dividend Option 12.6155 Direct Plan - Growth 2066.3388Direct Plan - Annually Dividend Option 11.5353 Direct Plan - Monthly Dividend Option 1060.4627

Solution Oriented Funds

Principal Retirement Savings Fund (CP) (`) Principal Retirement Savings Fund (PP) (`) Principal Retirement Savings Fund (MP) (`)Regular Sub Plan - Growth 12.4637 Regular Sub Plan - Growth 13.8245 Regular Sub Plan - Growth 12.8048Direct Sub Plan - Growth 12.6666 Direct Sub Plan - Growth 14.1087 Regular Sub Plan - Dividend 12.8048

Direct Sub Plan - Growth 13.0902

Fund of Funds

Principal Global Opportunities Fund (`)Regular Plan - Growth 28.4780Regular Plan - Dividend 28.4780Direct Plan - Growth 29.2614Direct Plan - Dividend 29.2614

*NAV as on 30 June 2019

NAV (Net Asset Value) (As on June 28, 2019)

7

Principal Fixed Income Funds Snapshot (As on June 30, 2019)

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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 P.V.K. Mohan &Siddarth Mohta

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

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

P.V.K. Mohan (For Equity Portion) & 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 12.75% 15.35% 12.83% 14.90% 15.33% 10.09% 4.29% 4.52%

Beta 0.97 1.06 1.00 1.08 1.11 1.10 0.59 1.01

Sharpe 0.44 0.47 0.63 0.50 0.48 0.64 -0.02 0.24

Port

folio

Det

ails

{as

on Ju

ne 3

0, 2

019}

Month End AUM 321.65 2,208.38 202.53 886.79

406.57

1,672.05 214.13 55.42

No. of Stocks 30 73 51 58 57 54 41 35

Top 10 Stocks (%) 51.15 27.87 41.89 37.75 37.48 29.45 38.81 42.73

Top 10 Sector(%) 84.50 70.10 78.63 78.64 78.79 61.97 60.31 64.96

Overweight

Banks Banks Software Banks Banks Consumer Non Durables Banks Banks

Consumer Non Durables Finance Consumer Non

DurablesConsumer Non Durables

Consumer Non Durables Cement Auto Software

Software Software Banks Software Software Power Petroleum Products Finance

Finance Consumer Non Durables Chemicals Cement Cement Fertilisers Cement Cement

Cement Consumer Durables Petroleum Products Construction Project FinanceHotels, Resorts And Other Recreational Activities

Power Petroleum Products

Underweight

Power Industrial Capital Goods Healthcare Services Transportation Transportation Finance Consumer Non

Durables Transportation

Consumer Durables Fertilisers Retailing Gas Gas Auto Consumer Durables Pharmaceuticals

Auto Ancillaries Telecom - Services Commercial Services Industrial Capital Goods

Industrial Capital Goods Petroleum Products Industrial Capital

GoodsConsumer Non Durables

Telecom - Services Minerals/Mining Industrial Capital Goods Oil Oil Pharmaceuticals Transportation Industrial Products

TransporTation Commercial Services Transportation Retailing Retailing Consumer Durables Auto Ancillaries Construction Project

Equity/Hybrid Funds Snapshot (As on June 28, 2019)Equity/Hybrid Funds Snapshot (As on June 30, 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 3.32 122,100 7.56 124,748 12.43 127,7553 Years SIP 360,000 6.24 395,503 9.23 413,245 12.78 435,0605 Years SIP 600,000 9.65 764,354 10.35 777,575 11.67 803,4227 Years SIP 840,000 13.77 1,370,180 12.58 1,313,499 12.68 1,318,29610 Years SIP 1,200,000 13.60 2,438,016 11.82 2,216,921 11.85 2,220,080

Since Inception SIP 2,720,000 16.77 25,437,974 Not AvailableInceptionDate-March31,1996

Systematic Investment Plan (SIP) Returns (As on June 28, 2019)

SCHEMES MANAGED BY MR. DHIMANT SHAH

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

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 2.23 121,412 5.17 123,258 12.43 127,7553 Years SIP 360,000 5.14 389,084 7.99 405,841 12.78 435,0605 Years SIP 600,000 10.43 779,146 10.58 782,092 11.67 803,4227 Years SIP 840,000 17.09 1,542,107 13.98 1,380,708 12.68 1,318,29610 Years SIP 1,200,000 16.93 2,913,938 13.26 2,394,170 11.85 2,220,080Since Inception SIP 1,270,000 18.25 3,523,568 14.11 2,778,288 12.41 2,521,833InceptionDate-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 2.25 121,424 5.03 123,174 12.43 127,7553 Years SIP 360,000 7.92 405,438 8.95 411,583 12.78 435,0605 Years SIP 600,000 10.29 776,434 10.14 773,583 11.67 803,4227 Years SIP 840,000 12.41 1,305,695 10.99 1,240,964 12.68 1,318,29610 Years SIP 1,200,000 11.75 2,208,630 11.23 2,147,956 11.85 2,220,080Since Inception SIP 1,760,000 11.31 4,286,006 NA NA 12.25 4,634,493InceptionDate-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 8.75 125,489 8.48 125,318 12.43 127,7553 Years SIP 360,000 8.26 407,461 10.28 419,634 12.78 435,0605 Years SIP 600,000 9.14 754,735 10.98 789,899 11.67 803,4227 Years SIP 840,000 11.75 1,274,964 12.99 1,332,917 12.68 1,318,29610 Years SIP 1,200,000 11.44 2,172,468 12.25 2,268,163 11.85 2,220,080Since Inception SIP 1,630,000 12.05 3,908,030 12.02 3,899,692 11.61 3,778,867InceptionDate-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 3.34 122,112 7.56 124,748 12.43 127,7553 Years SIP 360,000 6.51 397,081 9.23 413,245 12.78 435,0605 Years SIP 600,000 9.88 768,617 10.35 777,575 11.67 803,4227 Years SIP 840,000 13.93 1,378,076 12.58 1,313,499 12.68 1,318,29610 Years SIP 1,200,000 13.60 2,437,838 11.82 2,216,921 11.85 2,220,080Since Inception SIP 2,240,000 14.92 10,758,921 15.46 11,446,668 14.77 10,583,548InceptionDate-October25,2000

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

Different plans shall have a different expense structure. Returns shown above are for Regular Plan - Growth option. Past performance may or may not be sustained in the future.The returns shown above are calculated using XIRR approach (CAGR Returns) assuming investment of `10,000/-onthe1stbusinessdayofeverymonth.XIRRhelpsincalculatingreturnoninvestmentsgivenan initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.Forperformanceofallschemes,Investorsareadvisedtorefer‘Returns’sectiononpage33.Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Mr.DhimantShahmanagesPrincipalEmergingBluechipFund(w.e.f.June2011),PrincipalFocusedMulticapFund(w.e.f.July2017)andPrincipalDividendYieldFund(w.e.f.December2011).Mr.P.V.K.MohanmanagesPrincipalMultiCapGrowthFund(w.e.f.September2010),PrincipalTaxSavingsFund(w.e.f.September2010),PrincipalTaxSaverFund(w.e.f.July2017)andEquityportionofPrincipalBalanced Advantage Fund and Principal Equity Savings Fund. Mr. Siddarth Mohta has been appointed as a Associate Fund Manager of Principal Multi Cap Growth Fund (w.e.f. August 2018)^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 2.97 121,879 7.56 124,748 12.43 127,7553 Years SIP 360,000 3.68 380,637 9.23 413,245 12.78 435,0605 Years SIP 600,000 6.02 698,212 10.35 777,575 11.67 803,4227 Years SIP 840,000 9.46 1,175,342 12.58 1,313,499 12.68 1,318,29610 Years SIP 1,200,000 9.59 1,970,073 11.82 2,216,921 11.85 2,220,080Since Inception SIP 2,780,000 17.12 28,944,317 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 -0.16 119,897 1.24 120,785 12.43 127,7553 Years SIP 360,000 3.75 381,032 3.54 379,834 12.78 435,0605 Years SIP 600,000 5.43 687,868 6.84 712,564 11.67 803,4227 Years SIP 840,000 7.80 1,107,971 10.46 1,217,750 12.68 1,318,29610 Years SIP 1,200,000 8.14 1,824,735 10.57 2,074,033 11.85 2,220,080Since Inception SIP 2,390,000 11.16 8,226,310 NA NA 14.43 12,217,517InceptionDate-July27,1999

Different plans shall have a different expense structure. Returns shown above are for Regular Plan - Growth option. Past performance may or may not be sustained in the future.The returns shown above are calculated using XIRR approach (CAGR Returns) assuming investment of `10,000/-onthe1stbusinessdayofeverymonth.XIRRhelpsincalculatingreturnoninvestmentsgivenaninitialandfinalvalue and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.Forperformanceofallschemes,Investorsareadvisedtorefer‘Returns’sectiononpage33.Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Mr.P.V.K.MohanmanagesPrincipalTaxSavingsFund(w.e.f.September2010),PrincipalPersonalTaxSaverFund(w.e.f.July2017),PrincipalBalancedAdvantageFund-EquityPortion(w.e.f.July2017),PrincipalHybridEquityFund - Equity Portion (w.e.f. May 2010) and Principal Equity Savings Fund - Equity Portion (w.e.f. June 2016). Mr. Gurvinder Singh Wasan manages Principal Equity Savings Fund - Debt portion (w.e.f. May 2019).Ms.BekxyKuriakosemanagesPrincipalHybridEquityFund-DebtPortion(w.e.f.Mar2016)andPrincipalBalancedAdvantageFund-DebtPortion(w.e.f.January01,2018)Mr. Rajat Jain manages Principal Nifty 100 EqualWeight Fund (w.e.f. August 2015)*Fresh sale of units i.e. by way of purchase/ Switch-ins and registration of fresh SIP arrangement under the Scheme is suspended till further notice.# The equity component of CRISIL Hybrid 35+65 - Aggressive Index is represented by total returns variant of S&P BSE 200WitheffectfromJune10,2018,freshallotmentofunitsinPrincipalPersonalTaxsaverFundevenincaseofSIPsregisteredpriortocloseofbusinesshoursofMarch31,2017issuspended.^SinceTRIdataisnotavailablefortheperiod31-03-1996to30-06-1999forNifty50Index,SIPperformanceforsinceinceptionperiodisnotprovided.**SinceTRIdataisnotavailablefortheperiod31-03-1996to26-11-1998forNifty500Index,SIPperformanceforsinceinceptionperiodisnotprovided.~SinceperformancedataforNifty100EqualWeightIndexisnotavailable,SIPperformancesinceinceptionperiodisnotprovided.Performance of Principal Small Cap Fund is not given as the scheme has not completed 1 year.

Systematic Investment Plan (SIP) Returns (As on June 28, 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 -0.03 119,982 9.64 126,040 12.43 127,7553 Years SIP 360,000 3.82 381,437 9.29 413,642 12.78 435,0605 Years SIP 600,000 5.10 682,324 9.41 759,657 11.67 803,4227 Years SIP 840,000 7.98 1,115,091 10.38 1,214,613 12.68 1,318,296Since Inception SIP 1,020,000 8.80 1,495,100 10.47 1,609,169 12.48 1,759,037

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 0.76 120,482 10.53 126,587 12.43 127,7553 Years SIP 360,000 7.04 400,192 9.65 415,814 12.78 435,0605 Years SIP 600,000 10.03 771,480 10.20 774,732 11.67 803,4227 Years SIP 840,000 12.57 1,313,018 11.55 1,266,180 12.68 1,318,29610 Years SIP 1,200,000 12.13 2,254,265 11.04 2,127,429 11.85 2,220,080Since Inception SIP 2,330,000 13.34 9,845,229 10.09 6,776,020 14.55 11,337,770InceptionDate-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 5.25 123,307 9.20 125,765 15.87 129,8523 Years SIP 360,000 5.41 390,619 9.08 412,364 7.23 401,2835 Years SIP 600,000 6.24 701,986 8.81 748,527 7.54 725,2177 Years SIP 840,000 6.58 1,060,712 9.34 1,170,039 7.59 1,099,65410 Years SIP 1,200,000 6.56 1,680,040 9.02 1,911,075 7.26 1,743,038Since Inception SIP 2,050,000 7.11 3,910,616 9.66 5,006,334 6.62 3,734,961InceptionDate-May23,2002

SCHEME MANAGED BY MR. P.V.K. MOHAN & GURVINDER SINGH WASAN

SCHEME MANAGED BY MR. P.V.K. MOHAN & 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 -9.64 113,777 9.42 125,902 15.87 129,8523 Years SIP 360,000 0.30 361,658 7.39 402,237 7.23 401,2835 Years SIP 600,000 3.34 652,812 7.72 728,438 7.54 725,2177 Years SIP 840,000 4.86 997,829 8.08 1,119,016 7.59 1,099,65410 Years SIP 1,200,000 6.05 1,635,822 8.18 1,828,400 7.26 1,743,038

Since Inception SIP 1,930,000 6.90 3,470,574 7.84 3,771,859 6.68 3,402,054InceptionDate-May09,2003

SCHEMES MANAGED BY GURVINDER SINGH WASAN

11

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

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

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) 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.

Market Cap Allocation (As on June 30, 2019) (% of NAV)

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

47.57%37.16%

12.55%

1.01% 0.09% 0.24% 1.38%0%

10%20%30%40%50%

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year periodwith5.97%riskfreerateofreturn(1days-MIBORRateAsonJune28,2019).** 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 June30,2019). # Total Expense Ratio includes GST on management fees.

Performance (As on 28/06/2019)

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 (29-06-2018 to 28-06-2019) -0.49 9,951.19 4.42 10,440.63 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 12.72 14,314.43 13.03 14,431.10 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 15.32 20,388.24 11.99 17,609.13 10.53 16,489.68Since Inception (12-11-2008 to 28-06-2019) 24.64 103,980.00 17.99 58,023.08 15.68 47,033.81Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

DataAsonJune30,2019

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:2,208.73

AUM:2,208.38

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 from the date of allotment - 1%

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Half Yearly Dividend Option.Half Yearly Dividend Option under both the Plans offersfacilityofPayout,ReinvestmentandSweep.

Fund Manager DetailsName: Dhimant Shah

Managing Since: June 2011Total Experience: 27 years

Expense Ratio# (As on June28,2019)Direct Plan - 0.86 %

Regular Plan - 1.99 %`

Sector Allocation (As on June 30, 2019) (% of NAV) Banks 19.94% Finance 9.93% Software 6.79% Consumer Non Durables 6.74% Consumer Durables 6.04% Chemicals 4.87% Industrial Products 4.82% Pharmaceuticals 3.93% Auto Ancillaries 3.64% Gas 3.40% Cement 3.35% Petroleum Products 3.03% Auto 2.67% Healthcare Services 2.13% Transportation 2.11% Textile Products 1.99% Media & Entertainment 1.80% Pesticides 1.17% Hotels,ResortsAndOtherRecre-

ational Activities 1.17% Power 1.15% Services 1.01% Retailing 0.97% Ferrous Metals 0.97% Construction 0.88% Telecom - Equipment & Accessories 0.86% Textiles - Cotton 0.86% Non - Ferrous Metals 0.84% Construction Project 0.74% Paper 0.49%

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* Holding less than 0.75%

Name % of NAV

% to Net Assets

DerivativesBanks 19.94 0.17HDFC Bank Ltd. 5.38ICICI Bank Ltd. 3.85 0.17Axis Bank Ltd. 2.37Kotak Mahindra Bank Ltd. 2.31State Bank of India 2.20The Federal Bank Ltd. 1.54RBL Bank Ltd. 1.15City Union Bank Ltd. 1.14Finance 9.93Bajaj Finance Ltd. 2.66Bajaj Finserv Ltd. 2.23Muthoot Finance Ltd. 1.62SBI Life Insurance Company Ltd. 1.30Bharat Financial Inclusion Ltd. 1.18Mahindra & Mahindra Financial Services Ltd. 0.94

Software 6.79Tata Consultancy Services Ltd. 2.12L&T Technology Services Ltd. 1.92Infosys Ltd. 1.73Larsen & Toubro Infotech Ltd. 1.02Consumer Non Durables 6.74Britannia Industries Ltd. 2.16ITC Ltd. 1.34Jubilant Foodworks Ltd. 1.30Varun Beverages Ltd. 1.11United Breweries Ltd. 0.83Consumer Durables 6.04Bata India Ltd. 1.63Voltas Ltd. 1.39Havells India Ltd. 1.03Bajaj Electricals Ltd. 1.00Dixon Technologies (India) Ltd. 0.99Chemicals 4.87Fine Organic Industries Ltd. 1.54Navin Fluorine International Ltd. 1.28Atul Ltd. 1.20NOCIL Ltd. 0.85Pharmaceuticals 3.93Divi's Laboratories Ltd. 1.56Torrent Pharmaceuticals Ltd. 1.50Natco Pharma Ltd. 0.87Auto Ancillaries 3.64Exide Industries Ltd. 1.45MRF Ltd. 1.29Sundram Fasteners Ltd. 0.90Gas 3.40Indraprastha Gas Ltd. 1.30Gujarat State Petronet Ltd. 1.06Petronet LNG Ltd. 1.04

Name % of NAV

% to Net Assets

DerivativesCement 3.35Shree Cement Ltd. 2.23ACC Ltd. 1.12Industrial Products 3.05AIA Engineering Ltd. 2.03Mold-Tek Packaging Ltd. 1.02Auto 2.67MarutiSuzukiIndiaLtd. 1.74Eicher Motors Ltd. 0.93Petroleum Products 2.48Reliance Industries Ltd. 2.48Healthcare Services 2.13Apollo Hospitals Enterprise Ltd. 1.27Dr. Lal Path labs Ltd. 0.86Transportation 2.11Container Corporation of India Ltd. 1.21TCI Express Ltd. 0.90Media & Entertainment 1.80Sun TV Network Ltd. 0.91PVR Ltd. 0.89Textile Products 1.50SRF Ltd. 1.50Hotels, Resorts And Other Recreational Activities 1.17

The Indian Hotels Company Ltd. 1.17Pesticides 1.17UPL Ltd. 1.17Power 1.15CESC Ltd. 1.15Services 1.01Dalmia Bharat Ltd. 1.01Ferrous Metals 0.97Jindal Steel & Power Ltd. 0.97Retailing 0.97Future Retail Ltd. 0.97Construction 0.88NBCC (India) Ltd. 0.88Textiles - Cotton 0.86Vardhman Textiles Ltd. 0.86Telecom - Equipment & Accessories 0.86Sterlite Technologies Ltd. 0.86Non - Ferrous Metals 0.84Hindustan Zinc Ltd. 0.84Other Equities* 4.04 Total Equity 98.29 0.17 Treasury Bills 0.09 364 DAY T-BILL Sovereign 0.09 Investment Funds/Mutual Funds 0.24 Principal Short Term Debt Fund- Direct Plan- Growth Option 0.24

Cash & Cash Equivalents 1.38 Net Assets 100.00 100.00

Ratios & Other Details (As on June28,2019)Standard Deviation^ (Annualised): 15.35%Beta^ : 1.06Sharpe Ratio^ (Annualised) : 0.47 Portfolio Turnover Ratio**: 0.62

12

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

Investment Objective:Toachievelong–termcapitalappreciation.


Name % of NAV

Banks 26.25HDFC Bank Ltd. 5.55ICICI Bank Ltd. 5.46State Bank of India 4.20Kotak Mahindra Bank Ltd. 3.20

Axis Bank Ltd. 2.18

IndusInd Bank Ltd. 1.51

City Union Bank Ltd. 1.38

Bank of Baroda 1.07

Karur Vysya Bank Ltd. 0.87

The Federal Bank Ltd. 0.83

Consumer Non Durables 11.67ITC Ltd. 3.33Marico Ltd. 2.55

GlaxoSmithKline Consumer Healthcare Ltd. 1.91

Dabur India Ltd. 1.78

Britannia Industries Ltd. 1.31

Bombay Burmah Trading Corporation Ltd. 0.79

Software 8.21Tata Consultancy Services Ltd. 3.60

Infosys Ltd. 2.45

Tech Mahindra Ltd. 1.35

HCL Technologies Ltd. 0.81

Finance 5.50

Housing Development Finance Corporation Ltd. 2.31

SBI Life Insurance Company Ltd. 2.15

ICICI Prudential Life Insurance Company Ltd. 1.04

Construction Project 5.42Larsen & Toubro Ltd. 3.03

Hindustan Construction Company Ltd. 1.36

Ircon International Ltd. 1.03

Cement 4.61

The India Cements Ltd. 2.00

Ultratech Cement Ltd. 1.64

ACC Ltd. 0.97

Power 4.37Tata Power Company Ltd. 2.67

NTPC Ltd. 1.70

Petroleum Products 4.16Reliance Industries Ltd. 4.16

Name % of NAV

Pharmaceuticals 3.47

Sun Pharmaceutical Industries Ltd. 1.33

Dishman Carbogen Amcis Ltd. 1.08

Abbott India Ltd. 1.06Hotels, Resorts And Other Recreational Activities 2.53

The Indian Hotels Company Ltd. 2.53

Fertilisers 2.26

Chambal Fertilisers and Chemicals Ltd. 2.26

Ferrous Metals 2.02

Kirloskar Ferrous Industries Ltd. 1.01

Steel Authority of India Ltd. 1.01

Auto 1.92

Bajaj Auto Ltd. 0.97

Hero MotoCorp Ltd. 0.95

Consumer Durables 1.86

Bajaj Electricals Ltd. 1.86

Telecom - Services 1.78

Bharti Airtel Ltd. 1.78

Textile Products 1.77

SRF Ltd. 1.77

Chemicals 1.48

Tata Chemicals Ltd. 1.48

Minerals/Mining 1.17

Coal India Ltd. 1.17

Industrial Products 1.12

Ramkrishna Forgings Ltd. 1.12

Auto Ancillaries 1.06

Asahi India Glass Ltd. 1.06

Other Equities* 4.74

Total Equity 97.37

Treasury Bills 0.09

364 DAY T-BILL Sovereign 0.09

Investment Funds/Mutual Funds 0.75 Principal Short Term Debt Fund- Direct Plan- Growth Option 0.72

Principal Arbitrage Fund-Direct Plan -Growth 0.03

Cash & Cash Equivalents 1.79

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

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 5.97% risk free rate of return (1 days - MIBOR Rate As onJune28,2019).** 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 (AsonJune30,2019).# Total Expense Ratio includes GST on management fees.

DataAsonJune30,2019




Asset Under Managment (` Cr) MAAUM: 888.53

AUM: 886.79


RegularPlan:October25,2000DirectPlan:January1,2013

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

`

Load StructureEntry Load: NILExit Load: 1% - If redeemed within 365 days from the date of allotment. Nil - If redeemed after 365 days from the date of allotment.


Ratios & Other Details (As on June28,2019)Standard Deviation^ (Annualised): 14.90%Beta^ : 1.08Sharpe Ratio^ (Annualised) : 0.50 Portfolio Turnover Ratio**: 0.27

Fund Manager DetailsName: P.V.K. Mohan & Siddarth Mohta

(Associate Fund Manager)Managing Since: September 2010 &

August 2018Total Experience: 26 years & 15 years



Sector Allocation (Top 10) (As on June 30, 2019) (% of NAV)

Banks 26.76% Consumer Non Durables 11.67% Software 8.21% Cement 5.91% Finance 5.50% Construction Project 5.42% Power 4.37% Petroleum Products 4.16% Pharmaceuticals 4.11% Hotels,ResortsAndOther

Recreational Activities 2.53%


Period Principal Multi Cap Growth Fund

Nifty 500 Index - TRI(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) 2.77 10,275.96 6.65 10,663.18 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 13.16 14,479.19 12.80 14,343.25 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 11.29 17,067.98 10.64 16,575.02 10.53 16,489.68Since Inception (25-10-2000 to 28-06-2019) 15.28 142,620.00 15.70 152,489.28 14.69 129,546.73Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.


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

67.20%

13.48% 16.69%

0.09% 0.75% 1.79%0%

20%

40%

60%

80%


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


Name % of NAV

Banks 26.38HDFC Bank Ltd. 5.49ICICI Bank Ltd. 5.47State Bank of India 4.26Kotak Mahindra Bank Ltd. 3.27

Axis Bank Ltd. 2.16



Bank of Baroda 1.16



Consumer Non Durables 11.36ITC Ltd. 3.07Marico Ltd. 2.52






Infosys Ltd. 2.46



Finance 5.57Housing Development Finance Corporation Ltd. 2.31



Cement 5.44



ACC Ltd. 0.98

JK Cement Ltd. 0.79




Power 4.38Tata Power Company Ltd. 2.69

NTPC Ltd. 1.69

Name % of NAV



Sun Pharmaceutical Industries Ltd. 1.33

Abbott India Ltd. 1.13

Dishman Carbogen Amcis Ltd. 1.08Hotels, Resorts And Other Recreational Activities 2.51


Fertilisers 2.25


Ferrous Metals 2.13



Auto 1.93


Hero MotoCorp Ltd. 0.96






SRF Ltd. 1.76

Chemicals 1.50





Ramkrishna Forgings Ltd. 1.13



Non - Ferrous Metals 0.75


Total Equity 98.14

Treasury Bills 0.10



Net Assets 100.00

Dividend Update


31-Mar-08 8.00 90.12 NA NA15-Jan-07 5.00 83.66 NA NAPast performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 5.97% risk free rate of return (1 days - MIBOR Rate As onJune28,2019).** 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(AsonJune30,2019).# Total Expense Ratio includes GST on management fees.

DataAsonJune30,2019


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: 406.57


RegularPlan:March31,1996DirectPlan:January1,2013

Benchmark: Nifty 500 Index - TRI

`

Load StructureEntry Load: NILExit Load: NIL

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Half Yearly Dividend Option.(W.e.f.September11,2017)

Ratios & Other Details (As on June28,2019)Standard Deviation^ (Annualised): 15.33%Beta^ : 1.11Sharpe Ratio^ (Annualised) : 0.48 Portfolio Turnover Ratio** : 0.36

Fund Manager DetailsName: P.V.K. Mohan

Managing Since: September 2010Total Experience: 26 years




Banks 26.89% Consumer Non Durables 11.36% Software 8.23% Cement 6.16% Finance 5.57% Construction Project 5.36% Power 4.38% Pharmaceuticals 4.19% Petroleum Products 4.14% Hotels,ResortsAndOther

Recreational Activities 2.51%


Period Principal Tax Savings Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) 2.48 10,247.76 6.65 10,663.18 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 12.89 14,376.76 12.80 14,343.25 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 11.10 16,921.58 10.64 16,575.02 10.53 16,489.68Since Inception (31-03-1996 to 28-06-2019) 15.99 315,094.91 13.50 190,230.24 12.59 157,672.73Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.*AsTRIdataisnotavailablesinceinceptionofthescheme,benchmarkperformanceiscalculatedusingcompositeCAGRofNifty500Index PRI values from date 31-03-1996 to 26-11-1998 and TRI values since 26-11-1998.**AsTRIdataisnotavailablesinceinceptionofthescheme,additionalbenchmarkperformanceiscalculatedusingcompositeCAGRof Nifty 50 Index PRI values from date 31-03-1996 to 30-06-1999 and TRI values since 30-06-1999.


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

67.37%

13.56% 17.21%

0.10% 1.76%0%

20%

40%

60%

80%


14

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

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


Name % of NAVBanks 26.83HDFC Bank Ltd. 5.70ICICI Bank Ltd. 5.48State Bank of India 4.20Kotak Mahindra Bank Ltd. 3.31

Axis Bank Ltd. 2.12



Bank of Baroda 1.20



Consumer Non Durables 11.80ITC Ltd. 3.33

Marico Ltd. 2.52





Software 8.41Tata Consultancy Services Ltd. 3.62Infosys Ltd. 2.59






Cement 5.59The India Cements Ltd. 2.04


ACC Ltd. 1.02

Birla Corporation Ltd. 0.86




Dividend Update


25-Mar-08 40.00 124.66 NA NA26-Feb-08 20.00 172.57 NA NA31-Dec-07 11.00 221.26 NA NAPast performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.^Fresh sale of units i.e. by way of purchase/ Switch-ins and registration of fresh SIP arrangement under the Scheme is suspended till further notice.WitheffectfromJune10,2018,freshallotmentofunitsinPrincipalPersonalTaxsaverFundevenincaseofSIPsregisteredpriortocloseofbusinesshoursofMarch31,2017issuspended.


DataAsonJune30,2019



AUM: 267.23


RegularPlan:March31,1996DirectPlan:January1,2013

Benchmark: Nifty 500 Index - TRI

`


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



Managing Since: July 2017Total Experience: 26 years


Regular Plan - 2.53 %


Banks 27.37% Consumer Non Durables 11.80% Software 8.41% Finance 5.63% Cement 5.59% Construction Project 5.54% Power 4.39% Petroleum Products 4.34% Pharmaceuticals 4.27% Fertilisers 2.29%


Period Principal Personal Tax Saver Fund

Nifty 500 - TRI*(Scheme’s Benchmark)

Nifty 50 - TRI**(Additional Benchmark)

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) 2.58 10,256.87 6.65 10,663.18 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 8.10 12,626.48 12.80 14,343.25 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 7.80 14,558.04 10.64 16,575.02 10.53 16,489.68Since Inception (31-03-1996 to 28-06-2019) 19.07 579,608.52 13.50 190,230.24 12.59 157,672.73Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.*AsTRIdataisnotavailablesinceinceptionofthescheme,benchmarkperformanceiscalculatedusingcompositeCAGRofNifty500Index PRI values from date 31-03-1996 to 26-11-1998 and TRI values since 26-11-1998.**AsTRIdataisnotavailablesinceinceptionofthescheme,additionalbenchmarkperformanceiscalculatedusingcompositeCAGRof Nifty 50 Index PRI values from date 31-03-1996 to 30-06-1999 and TRI values since 30-06-1999.

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

`

Name % of NAVPower 4.39Tata Power Company Ltd. 2.70

NTPC Ltd. 1.69


Pharmaceuticals 3.56Sun Pharmaceutical Industries Ltd. 1.36



Fertilisers 2.29Chambal Fertilisers and Chemicals Ltd. 2.29Hotels, Resorts And Other Recreational Activities 2.28


Ferrous Metals 2.13Kirloskar Ferrous Industries Ltd. 1.09


Auto 1.94Hero MotoCorp Ltd. 0.97


Consumer Durables 1.90Bajaj Electricals Ltd. 1.90

Textile Products 1.83SRF Ltd. 1.83

Telecom - Services 1.81Bharti Airtel Ltd. 1.81

Chemicals 1.50Tata Chemicals Ltd. 1.50

Auto Ancillaries 1.29Asahi India Glass Ltd. 1.29

Minerals/Mining 1.23Coal India Ltd. 1.23

Industrial Products 1.14Ramkrishna Forgings Ltd. 1.14


Total Equity 98.83 Cash & Cash Equivalents 1.17 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 CompaniesCash & Other Assets

67.98%

13.54% 17.31%

1.17%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,thereis no assurance or guarantee that the investment objective of the Scheme will be achieved.


Name % of NAVChemicals 10.61Navin Fluorine International Ltd. 2.74Neogen Chemicals Ltd. 2.47

GHCL Ltd. 2.05

Galaxy Surfactants Ltd. 2.00

Alkyl Amines Chemicals Ltd. 1.35

Software 8.63NIIT Technologies Ltd. 2.72

Mastek Ltd. 2.04

Sonata Software Ltd. 1.95

NIIT Ltd. 1.92

Construction Project 8.39Techno Electric & Engineering Company Ltd. 2.18


KEC International Ltd. 1.63


NCC Ltd. 1.18

Banks 7.74State Bank of India 2.12DCB Bank Ltd. 2.11ICICI Bank Ltd. 2.08


Cement 5.95JK Cement Ltd. 1.59

Birla Corporation Ltd. 1.53


JK Lakshmi Cement Ltd. 1.38

Power 3.99Kalpataru Power Transmission Ltd. 2.04

Tata Power Company Ltd. 1.95

Industrial Products 3.86Finolex Cables Ltd. 1.96

Cosmo Films Ltd. 1.90

Textile Products 3.15SRF Ltd. 2.46

Siyaram Silk Mills Ltd. 0.69

Fertilisers 2.69Chambal Fertilisers and Chemicals Ltd. 2.69

Finance 2.06Can Fin Homes Ltd. 2.06

Hotels, Resorts And Other Recreational Activities 2.04The Indian Hotels Company Ltd. 2.04

Construction 1.87PNC Infratech Ltd. 1.87

Ferrous Metals 1.67Kirloskar Ferrous Industries Ltd. 1.67

Total Equity 62.65 Treasury Bills 0.40 91 DAY T-BILL Sovereign 0.40

Cash & Cash Equivalents 36.95 Net Assets 100.00

Note: # Total Expense Ratio includes GST on management fees. Portfolio Turnover Ratio not given as the scheme has not completed one year.Other ratios are not given as scheme has not completed 3 years.

DataAsonJune30,2019



Existing Investor- `1,000STP-` 1000§

RWP- ` 500§

£12 installments each §6 installments each


AUM: 123.74


RegularPlan:May13,2019 DirectPlan:May13,2019

Benchmark: Nifty Small Cap 100 index

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before 1 year from the date of allotment:• Nil for redemption/ switch out of unitsupto 25% of the units allotted (the limit). • 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 Regular Plan & Direct Plan. Options Both the Plans offer Growth & Dividend Option. The Dividend Option under both the Plans will have the facility of Payout and Reinvestment.

Fund Manager DetailsName: Mr. P.V.K. Mohan & Mr. Siddarth Mohta

Managing Since: May 2019 & May 2019Total Experience: 26 years & 15 years

Expense Ratio# (As on June28,2019)Direct Plan - 0.67 %Regular Plan - 2.45 %

`


Chemicals 10.61% Software 8.63% Construction Project 8.39% Banks 7.74% Cement 5.95% Power 3.99% Industrial Products 3.86%

Textile Products 3.15%

Fertilisers 2.69% Finance 2.06%

Top 10 Equity Holdings

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

16

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

Investment Objective:Toprovidecapitalappreciationand/ordividenddistributionbyinvestingincompaniesacrossmarketcapitalization.


Name % of NAV

Banks 22.85HDFC Bank Ltd. 9.03ICICI Bank Ltd. 5.68Kotak Mahindra Bank Ltd. 5.17

State Bank of India 2.97

Consumer Non Durables 13.87Hindustan Unilever Ltd. 4.28ITC Ltd. 4.16


Nestle India Ltd. 2.40


Infosys Ltd. 3.14

L&T Technology Services Ltd. 2.68

Finance 8.38Housing Development Finance Corporation Ltd. 4.76Bajaj Finserv Ltd. 3.62

Cement 6.94Shree Cement Ltd. 4.51

ACC Ltd. 2.43


Auto 5.24


MarutiSuzukiIndiaLtd. 2.01

Construction Project 4.32

Larsen & Toubro Ltd. 3.17


Name % of NAV

Chemicals 3.85

Navin Fluorine International Ltd. 2.33

NOCIL Ltd. 1.52




AIA Engineering Ltd. 3.28

Fertilisers 2.21


Gas 2.05

Gujarat Gas Ltd. 2.05


Hindustan Zinc Ltd. 1.74

Ferrous Metals 1.56

Jindal Steel & Power Ltd. 1.56

Telecom - Equipment & Accessories 1.22

Sterlite Technologies Ltd. 1.22

Media & Entertainment 1.11

Zee Entertainment Enterprises Ltd. 1.11

Total Equity 97.67

Treasury Bills 0.09



Net Assets 100.00



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) 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.

DataAsonJune30,2019





AUM: 321.65


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: July 2017Total Experience: 27 years




Banks 22.85% Consumer Non Durables 13.87% Software 9.48% Finance 8.38% Cement 6.94% Petroleum Products 6.28% Auto 5.24% Construction Project 4.32% Chemicals 3.85% Pharmaceuticals 3.29%


Period Principal Focused Multicap Fund

S&P BSE 250 Large Midcap - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns



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

73.95%

16.51%7.21%

0.09%2.24%

0%

20%

40%

60%

80%

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 high dividend yield.


Dividend Update


17-Jun-19 0.47 22.68 0.54 30.7917-Dec-18 NA NA 0.12 30.4915-Dec-17 3.50 26.24 NA NA16-Jun-17 5.82 28.38 2.93 29.32Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.


DataAsonJune30,2019





AUM: 202.53


RegularPlan:October15,2004DirectPlan:January1,2013

Benchmark: Nifty Dividend Opportunities 50 Index - TRI

`

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




Managing Since: December 2011Total Experience: 27 years




Software 19.29% Consumer Non Durables 17.27% Banks 11.22% Chemicals 6.26% Petroleum Products 6.13% Auto 5.67% Gas 4.01% Ferrous Metals 3.07% Finance 2.86% Industrial Products 2.85%


Period Principal Dividend Yield Fund

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


Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) 3.15 10,314.32 5.56 10,554.07 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 14.11 14,849.16 14.02 14,812.53 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 10.31 16,326.78 7.95 14,655.67 10.53 16,489.68Since Inception (15-10-2004 to 28-06-2019) 12.03 53,160.00 NA NA 15.09 79,087.98Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.


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

64.14%

15.13% 16.87%

1.12% 0.10% 2.64%0%

20%

40%

60%

80%


Name % of NAV

Software 19.29Tata Consultancy Services Ltd. 5.71Infosys Ltd. 3.90Tech Mahindra Ltd. 3.04


Sasken Technologies Ltd. 1.44

Larsen & Toubro Infotech Ltd. 1.44

L&T Technology Services Ltd. 1.29

Cigniti Technologies Ltd. 0.85

Consumer Non Durables 17.27Hindustan Unilever Ltd. 7.41ITC Ltd. 5.84

VST Industries Ltd. 1.71

Colgate Palmolive (India) Ltd. 1.39

Bannari Amman Sugars Ltd. 0.92

Banks 11.22ICICI Bank Ltd. 3.30HDFC Bank Ltd. 3.25

State Bank of India 2.11

Axis Bank Ltd. 1.47

Kotak Mahindra Bank Ltd. 1.09

Chemicals 6.26

NOCIL Ltd. 1.74

Fine Organic Industries Ltd. 1.70

Navin Fluorine International Ltd. 1.50

Aarti Industries Ltd. 1.32

Petroleum Products 6.13Reliance Industries Ltd. 3.57Bharat Petroleum Corporation Ltd. 2.56

Auto 5.67Bajaj Auto Ltd. 3.31

MarutiSuzukiIndiaLtd. 1.29

Mahindra & Mahindra Ltd. 1.07

Gas 4.01

Gujarat Gas Ltd. 2.00

Petronet LNG Ltd. 1.07

Indraprastha Gas Ltd. 0.94

Ferrous Metals 3.07

Tata Steel Ltd. 2.24


Name % of NAV

Finance 2.86

Bajaj Holdings & Investment Ltd. 1.72

Bajaj Finserv Ltd. 1.14


AIA Engineering Ltd. 1.94

HEG Ltd. 0.91




Cement 2.31

ACC Ltd. 2.31


Exide Industries Ltd. 1.18


Paper 1.86

International Paper Appm Ltd. 1.10

Orient Paper & Industries Ltd. 0.76


Hindustan Zinc Ltd. 1.75

Power 1.64

NTPC Ltd. 1.64


SRF Ltd. 1.17

Services 1.12

Dalmia Bharat Ltd. 1.12


Sheela Foam Ltd. 1.05Hotels, Resorts And Other Recreational Activities 1.05


Construction 1.02

NBCC (India) Ltd. 1.02



Total Equity 97.26

Treasury Bills 0.10



Net Assets 100.00

18

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

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


Name % of NAVFinance 14.99HDFC Asset Management Company Ltd. 1.38Bajaj Finance Ltd. 1.29HDFC Life Insurance Company Ltd. 1.27Bajaj Finserv Ltd. 1.22ICICI Prudential Life Insurance Company Ltd. 1.18SBI Life Insurance Company Ltd. 1.17ICICI Lombard General Insurance Company Ltd. 1.11Housing Development Finance Corporation Ltd. 1.10Bajaj Holdings & Investment Ltd. 1.06Shriram Transport Finance Company Ltd. 0.90General Insurance Corporation Of India 0.88Indiabulls Housing Finance Ltd. 0.83The New India Assurance Company Ltd. 0.81L&T Finance Holdings Ltd. 0.79Consumer Non Durables 10.67Marico Ltd. 1.09Hindustan Unilever Ltd. 1.06United Spirits Ltd. 1.03Procter & Gamble Hygiene and Health Care Ltd. 1.02United Breweries Ltd. 0.98Godrej Consumer Products Ltd. 0.94Dabur India Ltd. 0.94Asian Paints Ltd. 0.92ITC Ltd. 0.92Colgate Palmolive (India) Ltd. 0.89Britannia Industries Ltd. 0.88Banks 8.46State Bank of India 1.21ICICI Bank Ltd. 1.11Kotak Mahindra Bank Ltd. 1.10Bandhan Bank Ltd. 1.07HDFC Bank Ltd. 1.07Axis Bank Ltd. 1.06Bank of Baroda 1.01IndusInd Bank Ltd. 0.83Pharmaceuticals 7.13Cipla Ltd. 1.05Lupin Ltd. 1.01Divi's Laboratories Ltd. 0.96Dr. Reddy's Laboratories Ltd. 0.92Sun Pharmaceutical Industries Ltd. 0.84Biocon Ltd. 0.81Aurobindo Pharma Ltd. 0.79Piramal Enterprises Ltd. 0.75Auto 6.57MarutiSuzukiIndiaLtd. 1.00Hero MotoCorp Ltd. 0.99Ashok Leyland Ltd. 0.97Bajaj Auto Ltd. 0.96Mahindra & Mahindra Ltd. 0.96Eicher Motors Ltd. 0.88Tata Motors Ltd. 0.81Software 6.03Tata Consultancy Services Ltd. 1.11Wipro Ltd. 1.07HCL Technologies Ltd. 1.04Infosys Ltd. 0.98Oracle Financial Services Software Ltd. 0.94Tech Mahindra Ltd. 0.89Cement 5.36Shree Cement Ltd. 1.20Ultratech Cement Ltd. 1.15Grasim Industries Ltd. 1.11ACC Ltd. 0.98Ambuja Cements Ltd. 0.92

Dividend Update


24-Dec-08 3.7500 15.7934 NA NAPast performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ̂ The above measures have been calculated by taking rolling returns for a 3 year period with 5.97% risk free rate of return (1 days - MIBOR Rate As on June28,2019).** 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(AsonJune30,2019).# Total Expense Ratio includes GST on management fees. * Since Benchmark of the Fund change from Nity 50 to Nifty 100 Equal Weight (w.e.f10-May-2018),TrackingErrorisCalculatedasbelow–•Nifty50TRIisconsiderfrom(03-Aug-2015to09-May-2018)&•Nifty100EqualWeightTRIisconsiderfor(10-May-2018to28-Feb-2019)

DataAsonJune30,2019





AUM: 17.58


RegularPlan:July27,1999DirectPlan:January1,2013

Benchmark: Nifty 100 Equal Weight Index - TRI

`

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

Plans Regular Plan & Direct Plan. Options Both the Plans offer Growth & Dividend Option. Dividend Option under both the Plans offersfacilityofPayout,ReinvestmentandSweep.

Ratios & Other Details (As on June28,2019)Standard Deviation^ (Annualised): 13.26%Beta^ : 0.98Sharpe Ratio^ (Annualised) : 0.16Portfolio Turnover Ratio**: 0.32Tracking Deviation*: 0.42%

Fund Manager DetailsName: Rajat Jain

Managing Since: August 2015Total Experience: 30 years




Finance 14.99% Consumer Non Durables 10.67% Banks 8.89% Pharmaceuticals 7.85% Auto 6.68% Software 6.03% Cement 5.36% Petroleum Products 4.03% Industrial Capital Goods 3.52% Transportation 3.33%


Period Principal Nifty 100 Equal Weight Fund

Nifty 100 Equal Weight - TRI



Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) -0.75 9,925.28 0.52 10,052.20 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 7.51 12,421.10 9.34 13,064.97 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 6.30 13,572.89 8.43 14,981.44 10.53 16,489.68Since Inception (27-07-1999 to 28-06-2019) 10.35 71,174.90 NA NA 13.20 118,512.84Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.

Name % of NAVPetroleum Products 4.03Hindustan Petroleum Corporation Ltd. 1.08Bharat Petroleum Corporation Ltd. 1.03Indian Oil Corporation Ltd. 0.99Reliance Industries Ltd. 0.93Industrial Capital Goods 3.52Siemens Ltd. 1.25ABB India Ltd. 1.19Bharat Heavy Electricals Ltd. 1.08Transportation 3.33Adani Ports and Special Economic Zone Ltd. 1.13Container Corporation of India Ltd. 1.11Interglobe Aviation Ltd. 1.09Power 3.09NTPC Ltd. 1.05Power Grid Corporation of India Ltd. 1.04NHPC Ltd. 1.00Ferrous Metals 2.91Steel Authority of India Ltd. 0.98Tata Steel Ltd. 0.97JSW Steel Ltd. 0.96Non - Ferrous Metals 2.88Vedanta Ltd. 1.00Hindalco Industries Ltd. 0.99Hindustan Zinc Ltd. 0.89Auto Ancillaries 2.72MRF Ltd. 1.00Bosch Ltd. 0.89Motherson Sumi Systems Ltd. 0.83Consumer Durables 2.24Titan Company Ltd. 1.21Havells India Ltd. 1.03Minerals/Mining 2.14Coal India Ltd. 1.09NMDC Ltd. 1.05Gas 1.90Petronet LNG Ltd. 1.01GAIL (India) Ltd. 0.89Telecom - Services 1.34Bharti Airtel Ltd. 1.34Construction Project 1.11Larsen & Toubro Ltd. 1.11Oil 1.10Oil & Natural Gas Corporation Ltd. 1.10Chemicals 1.02Pidilite Industries Ltd. 1.02Pesticides 1.00UPL Ltd. 1.00Construction 0.96DLF Ltd. 0.96Retailing 0.93Avenue Supermarts Ltd. 0.93Textile Products 0.87Page Industries Ltd. 0.87Telecom - Equipment & Accessories 0.84Bharti Infratel Ltd. 0.84Media & Entertainment 0.78Zee Entertainment Enterprises Ltd. 0.78Other Equities* 1.91 Total Equity 99.83 Treasury Bills 0.06 364 DAY T-BILL Sovereign 0.06 Cash & Cash Equivalents 0.11 Net Assets 100.00


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

94.57%

5.15%0.11% 0.06% 0.11%

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 markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.There is no assurance or guaranteethattheinvestmentobjectiveoftheSchemewillberealized.


Dividend Update


17-Jun-19 0.0625 10.0814 0.0633 10.217317-May-19 0.0626 10.1156 0.0634 10.247416-Apr-19 0.0626 10.1124 0.0633 10.2394Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

Note: ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period.# Total Expense Ratio includes GST on management fees. *EffectiveFebruary01,2017.

DataAsonJune30,2019





AUM: 4.91


RegularPlan:April21,2016DirectPlan:April21,2016

Benchmark: Nifty 50 Arbitrage Index

`

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

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

Other Details (As on June30,2019)Portfolio Turnover Ratio** : 8.74Equity : 0.49Debt : 0.07Derivatives : 8.18


Managing Since: April 2016Total Experience: 30 years



Sector Allocation (As on June 30, 2019)

(% of NAV)

Pharmaceuticals 16.15% Finance 9.77% Power 9.35% Petroleum Products 9.34% Banks 9.00% Ferrous Metals 7.22% Construction Project 5.43%


Period Principal Arbitrage Fund

Nifty 50 Arbitrage Index(Scheme’s Benchmark)


Returns (%)

$PTP Returns

Returns (%) $PTP Returns

Returns (%)

$PTP Returns

1 Year (29-06-2018 to 28-06-2019) -1.45 9,855.60 6.28 10,625.90 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 3.05 10,941.17 5.31 11,676.09 13.93 14,776.79Since Inception (21-04-2016 to 28-06-2019) 3.28 11,084.50 5.37 11,814.62 14.90 15,566.46Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan - Growth option. Past performance may or may not be sustained in future. Returns (in %) are calculated on Compounded Annualised Basis (CAGR). $ PTP (Point to Point) Returns are based on standard investment of `10,000/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable.Please refer page 33 for annexure of returns for all scheme managed by the fund manager.5 years performance of Principal Arbitrage Fund is not given as the scheme have not been in existence for 5 years.

Name Rating / Industry

% of NAV

% to Net Assets De-

rivativesPharmaceuticals 16.15 -16.26Sun Pharmaceutical Industries Ltd. 8.22 -8.27Aurobindo Pharma Ltd. 7.93 -7.99Finance 9.77 -9.82Multi Commodity Exchange of India Ltd. 9.77 -9.82Power 9.35 -9.40CESC Ltd. 8.19 -8.23Tata Power Company Ltd. 1.16 -1.17Petroleum Products 9.34 -9.41Reliance Industries Ltd. 9.34 -9.41Banks 9.00 -9.04Axis Bank Ltd. 3.62 -3.63ICICI Bank Ltd. 3.36 -3.38State Bank of India 2.02 -2.03Ferrous Metals 7.22 -7.15JSW Steel Ltd. 7.22 -7.15Construction Project 5.43 -5.41Larsen & Toubro Ltd. 5.43 -5.41Total Equity 66.26 -66.49Treasury Bills 0.19 364 DAY T-BILL Sovereign 0.19 Investment Funds/Mutual Funds 8.43 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 8.43 Cash & Cash Equivalents 25.12 Net Assets 100.00

^TheaggregateinvestmentsbyotherschemesofPrincipalMutualFundAsonJune30,2019:0.25Crore

20

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

(Erstwhile Principal Balanced Fund)



Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV17-Jun-19 0.2494 24.5100 0.0400 29.400017-May-19 0.2473 24.7200 0.1000 29.440016-Apr-19 0.2581 26.0000 0.0700 30.690015-Mar-19 0.2525 25.7700 0.0800 30.1500Past 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.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 (29-06-2018 to 28-06-2019) 2.21 10,220.82 9.65 10,962.61 11.42 11,138.643 Years (30-06-2016 to 28-06-2019) 12.68 14,296.14 11.65 13,909.40 13.93 14,776.795 Years (30-06-2014 to 28-06-2019) 11.03 16,866.17 10.54 16,500.51 10.53 16,489.68Since Inception (14-01-2000 to 28-06-2019) 11.01 76,370.00 NA NA 12.29 95,499.48Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable. 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 returns variant of S&P BSE 200

DataAsonJune30,2019



Asset Under Managment (` Cr) MAAUM: 1,697.61

AUM:1,672.05


RegularPlan:January14,2000DirectPlan:January1,2013

Benchmark: CRISIL Hybrid 35+65 - Aggressive Index

`Load StructureEntry Load: NILExit Load: If redeemed/ switched on or before 1 year from the date of allotment: - Nil for redemption/ switch out of units upto 24% of the units allotted (the limit) - 1% onredemption in excess of 24% of the limit stated above- Redemption of units would be done on First in First out Basis (FIFO) Nil thereafter

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

Ratios & Other Details (As on June28,2019)Standard Deviation^@ (Annualised): 10.09%Beta^@ : 1.10Sharpe Ratio^@ (Annualised) : 0.64 Portfolio Turnover Ratio** : 1.49Equity : 0.24Debt : 1.24

Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 5.97% risk free rate of return (1 days - MIBOR Rate As on June 28,2019).** 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 (AsonJune30,2019).# Total Expense Ratio includes GST on management fees. @For Equity portion only

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

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

Total Experience: 26 years & 19 years

Expense Ratio# (AsonJune28,2019)Direct Plan - 0.92 %


`


Investment Objective:TheInvestmentobjectiveoftheSchemeistoprovidelong-termappreciationandcurrentincomebyinvestinginaportfolioofequity,equityrelatedsecurities and fixed income securities.


Banks 18.72% Consumer Non Durables 10.28% Software 7.93% Finance 5.05% Cement 4.62% Power 4.33% Construction Project 3.81% Petroleum Products 3.60% Ferrous Metals 1.86% Fertilisers 1.77%

Gross Yield To Maturity of the Debt Portfolio6.83%

Average Maturity of the Debt Portfolio (As on June 30, 2019)

Excluding Debt Mutual Fund units: 1.82 years (26.62% of the net assets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.48 years (0.92% of the net assets) (As on June 30, 2019)

Modified Duration of the Debt Portfolio (As on June 30, 2019)

Excluding Debt Mutual Fund units: 1.42 years (26.62% of the net assets)Debt Mutual Fund units:Principal Credit Risk Fund : 1.19 years (0.92% of the net assets) (As on June 30, 2019)

Market Cap Allocation (As on June 30, 2019) (% of NAV)Equity & Equity Related Instruments of Large Cap Co. 56.01Equity & Equity Related Instruments of Mid Cap Co. 5.76Equity & Equity Related Instruments of Small Cap Co. 9.83Debt 16.73Mutual Funds 0.92Cash & Other Assets 10.75

Name Rating % of NAV

Banks 18.22HDFC Bank Ltd. 4.40ICICI Bank Ltd. 3.93State Bank of India 3.08Kotak Mahindra Bank Ltd. 2.44Axis Bank Ltd. 1.70IndusInd Bank Ltd. 1.11Bank of Baroda 0.79The Federal Bank Ltd. 0.77Consumer Non Durables 9.76ITC Ltd. 2.55Marico Ltd. 1.92GlaxoSmithKline Consumer Healthcare Ltd. 1.58

Hindustan Unilever Ltd. 1.58Dabur India Ltd. 1.37Britannia Industries Ltd. 0.76Software 6.59Infosys Ltd. 2.92Tata Consultancy Services Ltd. 2.47Tech Mahindra Ltd. 1.20Finance 4.50Housing Development Finance Corporation Ltd. 2.14

SBI Life Insurance Company Ltd. 1.58ICICI Prudential Life Insurance Company Ltd. 0.78

Cement 4.48The India Cements Ltd. 1.57Ultratech Cement Ltd. 1.12ACC Ltd. 0.93Ambuja Cements Ltd. 0.86Power 4.33Tata Power Company Ltd. 1.78NTPC Ltd. 1.45Power Grid Corporation of India Ltd. 1.10Construction Project 3.81Larsen & Toubro Ltd. 1.91Hindustan Construction Company Ltd. 0.98Ircon International Ltd. 0.92Petroleum Products 3.60Reliance Industries Ltd. 3.60Ferrous Metals 1.86Kirloskar Ferrous Industries Ltd. 0.94Steel Authority of India Ltd. 0.92Fertilisers 1.77Chambal Fertilisers and Chemicals Ltd. 1.77Hotels, Resorts And Other Recreational Activities 1.76



Telecom - Services 1.75Bharti Airtel Ltd. 1.75Minerals/Mining 1.08Coal India Ltd. 1.08Pharmaceuticals 1.00Sun Pharmaceutical Industries Ltd. 1.00Industrial Products 0.81Ramkrishna Forgings Ltd. 0.81Other Equities* 6.28 Total Equity 71.60 BONDS & NCD 9.44 National Bank for Agriculture and Rural Development CRISIL AAA 1.77 Housing Development Finance Corporation Ltd CRISIL AAA 1.55

Hindalco Industries Ltd CRISIL AA 1.51 Reliance Industries Ltd CRISIL AAA 1.21 Bharat Petroleum Corporation Ltd CRISIL AAA 0.83 Jamnagar Utilities & Power Private Ltd CRISIL AAA 0.60

ICICI Bank Ltd [ICRA]AA+ 0.56 Dewan Housing Finance Corporation Ltd CARE D 0.53

REC Ltd CRISIL AAA 0.41 Export-Import Bank of India CRISIL AAA 0.31 Ess Kay Fincorp Ltd IND A+(SO) 0.10 Power Finance Corporation Ltd CRISIL AAA 0.06

Sovereign 3.47 7.17% Government of India Sovereign 1.86 6.84% Government of India Sovereign 0.54 6.79% Government of India Sovereign 0.47 7.37% Government of India Sovereign 0.24 7.26% Government of India Sovereign 0.18 7.35% Government of India Sovereign 0.18 Commercial Paper 2.65 Godrej Industries Ltd. CRISIL A1+ 0.88 JM Financial Products Ltd. CRISIL A1+ 0.59 KEC International Ltd. IND A1+ 0.59 NTPC Ltd. [ICRA]A1+ 0.30 National Bank for Agriculture and Rural Development CRISIL A1+ 0.29

Certificate of Deposits 1.17 Punjab National Bank [ICRA]A1+ 0.59 Small Industries Development Bank of India CRISIL A1+ 0.58 Investment Funds/ Mutual Funds 0.92 Principal Credit Risk Fund - Direct Plan - Growth Option

Mutual Fund 0.92

Cash & Cash Equivalents 10.75 Net Assets 100.00Top 10 Equity Holdings* Holding less than 0.75%

21

Principal Balanced Advantage Fund(Erstwhile Principal SMART Equity Fund)

(An Open-ended dynamic asset allocation fund)

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

Portfolio


% to Net Assets

% to Net Assets

Deriva-tives

Banks 11.30 -5.37State Bank of India 3.84 -2.44Punjab National Bank 2.91 -2.93

HDFC Bank Ltd. 1.94

ICICI Bank Ltd. 1.08


Axis Bank Ltd. 0.76

Finance 7.93 -7.15Multi Commodity Exchange of India Ltd. 4.35 -4.38Housing Development Finance Corporation Ltd. 2.56 -1.74

Indiabulls Housing Finance Ltd. 1.02 -1.03

Pharmaceuticals 7.83 -7.26Aurobindo Pharma Ltd. 4.66 -4.69Sun Pharmaceutical Industries Ltd. 3.17 -2.57

Auto 6.08 -6.10MarutiSuzukiIndiaLtd. 4.74 -4.76

Tata Motors Ltd. 0.96 -0.96

Escorts Ltd. 0.22 -0.22

Tata Motors Ltd-A-DVR 0.16 -0.16

Petroleum Products 5.69 -4.63Reliance Industries Ltd. 5.69 -4.63

Consumer Non Durables 5.17 -2.54ITC Ltd. 3.20 -2.04

Hindustan Unilever Ltd. 1.08 -0.50

Marico Ltd. 0.89

Cement 4.67 -2.96

ACC Ltd. 1.85 -1.26

Century Textiles & Industries Ltd. 1.70 -1.70


Power 4.45 -3.71Adani Power Ltd. 3.69 -3.71

NTPC Ltd. 0.76

Software 2.71 -0.97

Tata Consultancy Services Ltd. 1.92 -0.97

Infosys Ltd. 0.79


Dividend (`/Unit)* Cum Dividend NAV Dividend (`/Unit)* Cum Dividend NAV17-Jun-19 0.1093 13.7900 0.1220 15.400017-May-19 0.1112 14.0900 0.1239 15.710016-Apr-19 0.1130 14.3400 0.1258 15.970015-Mar-19 0.1123 14.3300 0.1249 15.9300Past 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.TheschemefeaturesofPrincipalSMARTEquityFundhaschangedw.e.fJune4,2018


DataAsonJune30,2019





AUM: 214.13


RegularPlan:December16,2010DirectPlan:January1,2013

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

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

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

Ratios & Other Details (AsonJune28,2019)Standard Deviation^ (Annualised): 4.29%Beta^ : 0.59Sharpe Ratio^ (Annualised) : -0.02 Portfolio Turnover Ratio** : 6.20Equity : 0.74Debt : 0.84Derivatives : 4.62


& Bekxy Kuriakose (For Debt Portion)Managing Since: July 2017 & January 2018




Sector Allocation of Equity Instruments (Top 10) (As on June 30, 2019) (% of NAV)

Banks 11.30% Finance 9.21% Pharmaceuticals 7.83% Consumer Non Durables 6.29% Auto 6.08% Petroleum Products 5.69% Power 4.91% Cement 4.67% Software 3.37% Construction Project 0.96%


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


Fund Details


% to Net Assets

% to Net Assets

Deriva-tives



Oil 0.94 -0.95

Oil & Natural Gas Corporation Ltd. 0.94 -0.95



Chemicals 0.85



Vedanta Ltd. 0.83




Total Equity 66.58 -41.64

BONDS & NCD 10.28

JM Financial Products Ltd CRISIL AA 2.80 National Bank for Agriculture and Rural Development

CRISIL AAA 2.34

Indian Railway Finance Corporation Ltd CRISIL AAA 2.33

Housing Development Finance Corporation Ltd CRISIL AAA 1.88

Dewan Housing Finance Corporation Ltd CARE D 0.93

Sovereign 0.48 7.35% Government of India Sovereign 0.48

Commercial Paper 3.24

KEC International Ltd. IND A1+ 2.32

Godrej Industries Ltd. CRISIL A1+ 0.92

Certificate of Deposits 2.28

Axis Bank Ltd. CRISIL A1+ 2.28

Treasury Bills 0.33



Net Assets 100.00

NET EQUITY LEVEL: 24.94


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

48.99%

12.34%5.09%

0.16%

16.61% 16.81%

0%

20%

40%

60%


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) 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.

DataAsonJune30,2019




AUM: 55.42


RegularPlan:May23,2002DirectPlan:January1,2013

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

`

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

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

Month End Quants of the Debt Portfolio (As on June 30 2019)Average Maturity: 128 DaysModified Duration: 112 DaysGross Yield to Maturity: 7.32%Portfolio Turnover Ratio** : 5.57Equity : 0.50Debt : 0.15Derivatives : 4.92

Note: ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period (AsonJune30,2019).# Total Expense Ratio includes GST on management fees.


& Gurvinder Singh Wasan (For Debt Portion)Managing Since: June 2016 & May 2019




`


Investment Objective:Toprovidecapitalappreciationandincomedistributiontotheinvestorsbyusingequityandequityrelatedinstruments,arbitrageopportunities,andinvestments in debt and money market instruments.However,therecanbenoassurancethattheinvestmentobjectiveoftheSchemewillberealizedorthatincomewillbegeneratedandtheschemedoesnotassureorguaranteeany returns.


Banks 13.79% Finance 10.16% Auto 8.18% Pharmaceuticals 7.74% Software 7.29% Cement 5.98%

Consumer Non Durables 4.88%

Petroleum Products 3.69% Power 1.68% Non - Ferrous Metals 1.57%


Period Principal Equity Savings Fund

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

CRISIL 10 Year Gilt Index(Additional Benchmark)



1 Year (29-06-2018 to 28-06-2019) 4.33 10,431.66 8.95 10,891.97 13.85 11,381.233 Years (30-06-2016 to 28-06-2019) 7.18 12,308.07 9.30 13,051.35 7.04 12,260.885 Years (30-06-2014 to 28-06-2019) 6.97 14,003.60 8.69 15,162.94 8.56 15,078.25Since Inception (23-05-2002 to 28-06-2019) 7.83 36,295.50 10.36 54,004.71 6.80 30,835.10Different 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/-madeatthebeginningofrelevantperiod.Performanceofthedividendoptionfortheinvestorswouldbenetofdividenddistributiontax,asapplicable. Please refer page 33 for annexure of returns for all scheme managed by the fund manager.


% of NAV

% to Net Assets

Deriva-tives

Banks 13.79 -5.27State Bank of India 3.34 -1.96HDFC Bank Ltd. 2.89Punjab National Bank 2.01 -2.02

ICICI Bank Ltd. 1.97


Bank of Baroda 1.28 -1.29

Axis Bank Ltd. 0.97

Finance 10.16 -7.11Housing Development Finance Corporation Ltd. 9.12 -7.11


Auto 8.18 -8.20MarutiSuzukiIndiaLtd. 5.57 -5.60

Hero MotoCorp Ltd. 1.40 -1.39

Tata Motors Ltd-A-DVR 1.21 -1.21

Pharmaceuticals 7.74 -7.14Sun Pharmaceutical Industries Ltd. 4.78 -4.16Aurobindo Pharma Ltd. 2.96 -2.98

Software 7.29 -3.99Infosys Ltd. 4.57 -3.99

Tata Consultancy Services Ltd. 1.89


Cement 5.98 -3.79Century Textiles & Industries Ltd. 3.80 -3.79


ACC Ltd. 1.07

Consumer Non Durables 4.88GlaxoSmithKline Consumer Healthcare Ltd. 1.21

Marico Ltd. 1.02

ITC Ltd. 1.00




% of NAV

% to Net Assets

Deriva-tives

Petroleum Products 3.69 -2.05Reliance Industries Ltd. 3.69 -2.05

Power 1.68

NTPC Ltd. 0.86


Non - Ferrous Metals 1.57 -1.58

Hindalco Industries Ltd. 1.57 -1.58



Auto Ancillaries 1.22 -1.22

Exide Industries Ltd. 1.22 -1.22

Construction 0.95 -0.95

DLF Ltd. 0.95 -0.95

Ferrous Metals 0.79




Fertilisers 0.64


Total Equity 70.82 -41.30

BONDS & NCD 8.97

National Housing Bank IND AAA 3.62 Suryoday Small Finance Bank Ltd [ICRA]A 3.61 Power Grid Corporation of India Ltd CRISIL AAA 0.93

Ess Kay Fincorp Ltd IND A+(SO) 0.45 Power Finance Corporation Ltd CRISIL AAA 0.36

Treasury Bills 0.11



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

60.05%

8.92%0.64% 1.21%

9.08%20.10%

0%

20%

40%

60%

80%

NET EQUITY LEVEL: 29.52 Top 10 Equity Holdings

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 (29-06-2018 to 30-06-2019) -2.01 9,798.54 7.61 10,763.64 7.94 10,796.58 3 Years (30-06-2016 to 30-06-2019) 3.88 11,209.75 7.16 12,305.37 6.76 12,166.52 5 Years (30-06-2014 to 30-06-2019) 5.71 13,199.41 7.62 14,441.83 7.29 14,219.14 Since Inception (30-08-2004 to 30-06-2019) 6.90 26,904.34 7.17 27,953.23 6.18 24,358.40 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 June 30, 2019

Rating Profile (As on June 30, 2019) (% of NAV)

59.38%

1.84%

38.78%

0.00% 20.00% 40.00% 60.00%

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: 256.89

AUM: 244.99


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 June 30, 2019)Average Maturity: 23 DaysModified Duration: 21 DaysGross Yield to Maturity: 6.12%

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

Expense Ratio# (As on June 30, 2019)Direct Plan - 0.10 %



Composition By Assets (As on June 30, 2019) (% of NAV)

Commercial Paper 29.70% Certificate of Deposits 29.68% Treasury Bills 1.84% Cash and Other Assets 38.78%


Commercial Paper 29.70 NTPC Ltd. [ICRA]A1+ 7.94 National Bank for Agriculture and Rural Development CRISIL A1+ 7.92 Chambal Fertilisers and Chemicals Ltd. CRISIL A1+ 7.92 Jagran Prakashan Ltd. CRISIL A1+ 5.92 Certificate of Deposits 29.68 Canara Bank CRISIL A1+ 7.93 Bank of Baroda [ICRA]A1+ 7.92 ICICI Bank Ltd. [ICRA]A1+ 7.91 Axis Bank Ltd. CRISIL A1+ 5.92 Treasury Bills 1.84 364 DAY T-BILL Sovereign 1.84 Cash & Cash Equivalents 38.78 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 June 30, 2019: 0.45 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.



44.19%

29.45%

6.92%

2.80%

2.10%

0.13%

14.41%

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

A1+

AAA

D

AA

A+(SO)

Sovereign


Fund Details



AUM: 178.22 `

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 June 30, 2019)Average Maturity: 206 DaysModified Duration: 160 DaysGross Yield to Maturity: 6.61%Macaulay Duration: 6.68 months





BONDS & NCD 41.27% Certificate of Deposits 44.19% Treasury Bills 0.13% Cash and Other Assets 14.41%

Past performance is no guarantee of future result.


Period Principal Low Duration Fund

CRISIL Low Duration Debt Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (29-06-2018 to 28-06-2019) -11.24 8,878.74 8.63 10,860.99 7.95 10,793.16 3 Years (30-06-2016 to 28-06-2019) 0.85 10,255.43 7.82 12,530.19 6.76 12,162.66 5 Years (30-06-2014 to 28-06-2019) 3.79 12,045.65 8.31 14,902.69 7.29 14,214.64 Since Inception (14-09-2004 to 28-06-2019) 6.37 24,940.75 7.54 29,325.76 6.19 24,330.69 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 41.27 National Bank for Agriculture and Rural Development CRISIL AAA 11.14

National Housing Bank IND AAA 9.85

Housing Development Finance Corporation Ltd. CRISIL AAA 8.46


JM Financial Products Ltd CRISIL AA 2.80

Ess Kay Fincorp Ltd IND A+(SO) 2.10

Certificate of Deposits 44.19 Bank of Baroda [ICRA]A1+ 10.16

Axis Bank Ltd CRISIL A1+ 9.29

Punjab National Bank [ICRA]A1+ 8.32

Small Industries Development Bank of India CRISIL A1+ 8.18

Kotak Mahindra Bank Ltd. CRISIL A1+ 5.45

Canara Bank CRISIL A1+ 2.79

Treasury Bills 0.13 364 DAY T-BILL Sovereign 0.13


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.



42.62%

17.53%

9.70%

7.51%

3.40%

2.81%

16.43%

0.00% 20.00% 40.00% 60.00%

AAA

Sovereign

AA

A1+

D

AA+



Fund Details



AUM: 195.57 `

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 June 30, 2019)Average Maturity: 2.30 yearsModified Duration: 1.82 yearsGross Yield to Maturity: 7.34%Macaulay Duration: 1.95 years





BONDS & NCD 58.53% Sovereign 14.81%

State Government Securities 2.71%

Certificate of Deposits 7.51% Treasury Bills 0.01% Cash and Other Assets 16.43%

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


Portfolio

Name Rating % of NAVBONDS & NCD 58.53 NTPC Ltd. CRISIL AAA 10.37 Reliance Industries Ltd CRISIL AAA 8.73 IIFL Home Finance Ltd [ICRA]AA 8.46 National Bank for Agriculture and Rural Development CRISIL AAA 7.64 Dewan Housing Finance Corporation Ltd CARE D 3.40 Bharat Petroleum Corporation Ltd CRISIL AAA 3.09 Indian Railway Finance Corporation Ltd CRISIL AAA 2.64 Housing Development Finance Corporation Ltd CRISIL AAA 2.57 HDFC Bank Ltd CRISIL AA+ 2.56 Indiabulls Housing Finance Ltd BWR AAA 2.54 Power Finance Corporation Ltd CRISIL AAA 2.53 Small Industries Development Bank of India CARE AAA 1.02 National Housing Bank IND AAA 0.97 Hindalco Industries Ltd CRISIL AA 0.73 Power Grid Corporation of India Ltd CRISIL AAA 0.52 JM Financial Products Ltd CRISIL AA 0.51 ICICI Bank Ltd [ICRA]AA+ 0.25 Sovereign 14.81 7.32% Government of India Sovereign 5.22 7.35% Government of India Sovereign 5.21 7.27% Government of India Sovereign 2.60 6.84% Government of India Sovereign 1.26 7.37% Government of India Sovereign 0.52 State Government Securities 2.71 8.30% State Government of Gujarat Sovereign 2.71 Certificate of Deposits 7.51 Kotak Mahindra Bank Ltd. CRISIL A1+ 4.97 Bank of Baroda [ICRA]A1+ 2.54 Treasury Bills 0.01 364 DAY T-BILL Sovereign 0.01 Cash & Cash Equivalents 16.43 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.



43.49%

23.47%

4.19%

2.41%

26.44%

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

Sovereign

AAA

D

AA(SO)


Fund Details



AUM: 41.76 `

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 June 30, 2019)Average Maturity: 4.07 yearsModified Duration: 3.05 yearsGross Yield to Maturity: 6.81%





BONDS & NCD 30.07% Sovereign 43.49% Cash and Other Assets 26.44%


BONDS & NCD 30.07

National Bank for Agriculture and Rural Development CRISIL AAA 11.99

Jamnagar Utilities & Power Private Ltd CRISIL AAA 11.48


Coastal Gujarat Power Ltd CARE AA(SO) 2.41

Sovereign 43.49

7.17% Government of India Sovereign 21.77






Net Assets 100.00

Maturity Profile

Period Portfolio (%)0-1 2.991-3 13.193-5 25.985-10 31.40Cash & Others Assets 26.44


Period Principal Dynamic Bond Fund

CRISIL Composite Bond Fund Index


CRISIL 10 Year Gilt Index


(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


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.



27.92%21.86%

20.20%11.04%

9.78%2.48%

2.14%0.11%

4.47%

0.00% 10.00% 20.00% 30.00%

AAAA1+AA

AA(SO)AD

A+(SO)Sovereign


Fund Details



AUM: 81.88 `

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 June 30, 2019)Average Maturity: 1.48 yearsModified Duration: 1.19 yearsGross Yield to Maturity: 8.40%





BONDS & NCD 73.56% Commercial Paper 21.86% Treasury Bills 0.11% Cash and Other Assets 4.47%


BONDS & NCD 73.56 Coastal Gujarat Power Ltd CARE AA(SO) 11.04 Hindalco Industries Ltd CRISIL AA 10.69 Suryoday Small Finance Bank Ltd [ICRA]A 9.78 IIFL Home Finance Ltd [ICRA]AA 9.51 Jamnagar Utilities & Power Private Ltd CRISIL AAA 6.10 National Bank for Agriculture and Rural Development CRISIL AAA 6.06 Power Grid Corporation of India Ltd CRISIL AAA 4.95 Power Finance Corporation Ltd CRISIL AAA 4.61 National Housing Bank IND AAA 4.41 Dewan Housing Finance Corporation Ltd CARE D 2.48 Ess Kay Fincorp Ltd IND A+(SO) 2.14 Reliance Industries Ltd CRISIL AAA 1.79 Commercial Paper 21.86 JM Financial Products Ltd. CRISIL A1+ 6.10 Chambal Fertilisers and Chemicals Ltd. CRISIL A1+ 6.07 KEC International Ltd. IND A1+ 6.07 Godrej Industries Ltd. CRISIL A1+ 3.62 Treasury Bills 0.11 364 DAY T-BILL Sovereign 0.11 Cash & Cash Equivalents 4.47 Net Assets 100.00



Period Principal Credit Risk Fund

NIFTY Credit Risk Bond Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP


28

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

Macaulay duration of the portfolio is between 3 months and 6 months.)[Please refer page no. 22 of SID on which the concept of Macaulay’s Duration has been explained.]

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

Dividend Update


Monthly Dividend (Last 3 Months)17-Jun-19 2.0016 1060.8308 7.1720 1066.040617-May-19 NA NA 2.3678 1061.236416-Aug-18 5.6006 1064.4298 6.3884 1065.2570Past performance may or may not be sustained in the future. * On face value of ` 1,000. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the NAV of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable.

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


38.37%

37.41%

6.49%

0.16%

17.57%

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

A1+

AAA

AA

Sovereign



BONDS & NCD 43.90% Certificate of Deposits 22.27% Commercial Paper 16.10% Treasury Bills 0.16% Cash and Other Assets 17.57%

PortfolioData As on June 30, 2019


BONDS & NCD 43.90 Housing Development Finance Corporation Ltd CRISIL AAA 8.19

National Housing Bank IND AAA 8.16

National Bank for Agriculture and Rural Development CRISIL AAA 8.14

Small Industries Development Bank of India CARE AAA 6.50

JM Financial Products Ltd CRISIL AA 6.49

REC Ltd CRISIL AAA 6.42

Commercial Paper 16.10 KEC International Ltd. IND A1+ 8.08

Godrej Industries Ltd. CRISIL A1+ 8.02

Certificate of Deposits 22.27 ICICI Bank Ltd [ICRA]A1+ 8.07

Kotak Mahindra Bank Ltd. CRISIL A1+ 7.90

Axis Bank Ltd. CRISIL A1+ 4.75

Bank of Baroda [ICRA]A1+ 1.55

Treasury Bills 0.16 364 DAY T-BILL Sovereign 0.16



Period Principal Ultra Short Term Fund

CRISIL Liquid Fund Index




(%)$PTP

ReturnsReturns

(%)$PTP

ReturnsReturns

(%)$PTP

Returns1 Year (29-06-2018 to 28-06-2019) 1.25 10,124.81 7.62 10,759.73 7.95 10,793.16 3 Years (30-06-2016 to 28-06-2019) 4.87 11,528.71 7.16 12,300.90 6.76 12,162.66 5 Years (30-06-2014 to 28-06-2019) 6.44 13,659.93 7.62 14,436.58 7.29 14,214.64 Since Inception (28-12-2007 to 28-06-2019) 6.29 20,183.50 7.56 23,131.62 6.55 20,747.17 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: 61.50


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 June 30, 2019)Average Maturity: 154 DaysModified Duration: 137 DaysGross Yield to Maturity: 7.07%Macaulay Duration: 4.95 months



Expense Ratio# (As on June 28, 2019)Direct Plan - 0.29%

Regular Plan - 1.15%`


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 18.27ICICI Bank Ltd. 4.52HDFC Bank Ltd. 4.23State Bank of India 3.26Kotak Mahindra Bank Ltd. 2.64

Axis Bank Ltd. 1.57


Bank of Baroda 0.95

Consumer Non Durables 7.21ITC Ltd. 2.28



Marico Ltd. 1.26


Software 6.08Tata Consultancy Services Ltd. 2.74Infosys Ltd. 2.17







Period Principal Retirement Savings Fund -

Progressive Plan

Nifty 200 FullMarketcap Index - TRI





1 Year (29-06-2018 to 28-06-2019) 4.44 10,443.04 8.05 10,802.92 11.42 11,138.64 3 Years (30-06-2016 to 28-06-2019) 9.53 13,134.67 13.29 14,528.63 13.93 14,776.79 Since Inception (14-12-2015 to 28-06-2019) 9.58 13,824.50 13.82 15,812.55 14.48 16,141.29 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

Power 2.92


NTPC Ltd. 1.24

Ferrous Metals 1.76

Tata Steel Ltd. 0.90


Fertilisers 1.67



Bharti Airtel Ltd. 1.62Hotels, Resorts And Other Recreational Activities 1.53








Cement 0.82



Total Equity 66.44

Treasury Bills 0.58



Net Assets 100.00

Fund Details

Minimum Investment Amount (`)@

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

RWP- ` 500$

6 installments each


AUM: 1.72


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 5.97% risk free rate of return (1 days - MIBOR Rate As on June 28, 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 June 28, 2019)Direct Plan - 1.65%Regular Plan - 2.25%

`





Banks 19.81% Consumer Non Durables 7.78% Software 6.08% Petroleum Products 4.51% Finance 4.28% Construction Project 3.53% Power 2.92% Ferrous Metals 2.39% Pharmaceuticals 2.29% Cement 1.84%

$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 June 28, 2019)Standard Deviation^ (Annualised): 10.00%Beta^ : 0.75Sharpe Ratio^ (Annualised) : 0.36


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 13.36 -7.21Axis Bank Ltd. 7.81 -7.21HDFC Bank Ltd. 1.77State Bank of India 1.56ICICI Bank Ltd. 1.45Kotak Mahindra Bank Ltd. 0.77Ferrous Metals 13.01 -11.84Tata Steel Ltd. 8.91 -7.78JSW Steel Ltd. 4.10 -4.06Auto 7.26 -7.30Maruti Suzuki India Ltd. 7.26 -7.30Construction Project 5.93 -4.30Larsen & Toubro Ltd. 5.93 -4.30Pharmaceuticals 5.59 -4.72Dr. Reddy's Laboratories Ltd. 4.72 -4.72Sun Pharmaceutical Industries Ltd. 0.87Finance 4.40 -3.62Indiabulls Housing Finance Ltd. 3.60 -3.62Housing Development Finance Corporation Ltd. 0.80Media & Entertainment 3.74 -3.76Sun TV Network Ltd. 3.74 -3.76Software 2.19Tata Consultancy Services Ltd. 1.22Infosys Ltd. 0.97Petroleum Products 1.93Reliance Industries Ltd. 1.93Consumer Non Durables 1.04ITC Ltd. 1.04Other Equities* 12.51 Total Equity 70.96 -42.75Treasury Bills 0.74 364 DAY T-BILL Sovereign 0.74 Cash & Cash Equivalents 28.30 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: 1.35 `




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 14.87% Ferrous Metals 13.60% Auto 7.76% Pharmaceuticals 6.33% Construction Project 6.03% Finance 5.25% Media & Entertainment 3.74% Consumer Non Durables 3.41% Software 2.52% Petroleum Products 1.93%


Period Principal Retirement Savings Fund -

Conservative Plan

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


CRISIL 10 YearGilt Index

(Additional Benchmark)



1 Year (29-06-2018 to 28-06-2019) 2.98 10,297.26 8.95 10,891.97 13.85 11,381.23 3 Years (30-06-2016 to 28-06-2019) 5.95 11,889.44 9.30 13,051.35 7.04 12,260.88 Since Inception (14-12-2015 to 28-06-2019) 6.42 12,463.70 9.58 13,823.54 7.67 12,992.03 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.


Ratios & Other Details (As on June 28, 2019)Standard Deviation^ (Annualised): 3.10%Beta^ : 0.68Sharpe Ratio^ (Annualised) : -0.05


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 12.44HDFC Bank Ltd. 3.25ICICI Bank Ltd. 2.83State Bank of India 2.52

Axis Bank Ltd. 1.54



Cement 10.09 -9.34Grasim Industries Ltd. 9.30 -9.34


Pharmaceuticals 9.49 -8.65Dr. Reddy's Laboratories Ltd. 8.65 -8.65


Auto 6.65 -6.68Maruti Suzuki India Ltd. 6.65 -6.68

Consumer Non Durables 5.93ITC Ltd. 1.96GlaxoSmithKline Consumer Healthcare Ltd. 1.15



Marico Ltd. 0.80


Infosys Ltd. 1.44


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

Name % of NAV% to Net

Assets Derivatives



Power 2.23


NTPC Ltd. 0.99


Construction Project 1.77Larsen & Toubro Ltd. 1.77Hotels, Resorts And Other Recreational Activities 1.47









Total Equity 69.57 - 24.67

Treasury Bills 1.35



Net Assets 100.00

Fund Details



RWP- ` 500$

6 installments each


AUM: 0.74 `




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 June 28, 2019)Direct Plan - 1.69 %Regular Plan - 2.25 %

`






Banks 13.78% Pharmaceuticals 10.80% Cement 10.56% Auto 7.72% Consumer Non Durables 6.48% Software 4.24% Finance 2.83% Construction Project 2.25% Power 2.23% Petroleum Products 2.16%


Period Principal Retirement Savings Fund - Moderate

Plan

CRISIL Hybrid 35 + 65 - Aggressive Index*


Nifty 50 TRI(Additional Benchmark)



1 Year (29-06-2018 to 28-06-2019) 3.59 10,358.19 9.65 10,962.61 11.42 11,138.64 3 Years (30-06-2016 to 28-06-2019) 7.37 12,374.66 11.65 13,909.40 13.93 14,776.79 Since Inception (14-12-2015 to 28-06-2019) 7.23 12,804.80 12.18 15,021.57 14.48 16,141.29 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.


Ratios & Other Details (As on June 28, 2019)Standard Deviation^ (Annualised): 5.77%Beta^ : 0.66Sharpe Ratio^ (Annualised) : 0.23


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 June 30, 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: 15.65


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.


`



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 100.49 PGIF Origin Global Smaller Companies Fund - Usd I Class Accumulation Mutual Fund 100.49 Treasury Bills 0.06 364 DAY T-BILL Sovereign 0.06 Cash & Cash Equivalents -0.55Net Assets 100.00

Name % of NAV

Barco NV 0.94TCI Co. Ltd. 0.89Entertainment One Ltd. 0.85NMI Holdings, Inc. Class A 0.85Toei Animation Co., Ltd. 0.85TIS Inc. 0.82Realtek Semiconductor Corp 0.80Fox Factory Holding Corp. 0.79Amedisys, Inc. 0.78LHC Group, Inc. 0.78Aaron's, Inc. 0.78JD Sports Fashion Plc 0.77Beach Energy Limited 0.75Generac Holdings Inc. 0.75Deckers Outdoor Corporation 0.75Medpace Holdings, Inc. 0.75Northern Star Resources Ltd 0.74DTS Corporation 0.73Future plc 0.73Steadfast Group Limited 0.73Elecom Co., Ltd. 0.72NS Solutions Corp 0.70Bechtle AG 0.69Towa Pharmaceutical Co., Ltd. 0.69Serba Dinamik Holdings Bhd 0.68LGI Homes, Inc. 0.68Exxaro Resources Limited 0.68Houlihan Lokey, Inc. Class A 0.68NV5 Global Inc 0.67Appen Ltd. 0.66Radian Group Inc. 0.66Lifco AB Class B 0.65GB Group PLC 0.65Diploma PLC 0.64HomeServe plc 0.64Atkore International Group Inc. 0.64Forward Air Corporation 0.64Tricon Capital Group Inc. 0.63TRANCOM Co., Ltd. 0.62Kyowa Exeo Corporation 0.61Molina Healthcare, Inc. 0.61Computacenter Plc 0.61Novatek Microelectronics Corp. 0.61OneMain Holdings, Inc. 0.60Reply S.p.A. 0.60Chailease Holding Co. Ltd. 0.59Essent Group Ltd. 0.59MSA Safety, Inc. 0.58Mastercraft Boat Holdings, Inc. 0.58Magellan Financial Group Ltd 0.58Hub Group, Inc. Class A 0.56Grupo Aeroportuario del Centro Norte SAB de CV Class B 0.56Companhia de Locacao das Americas 0.55MGIC Investment Corporation 0.54TCS Group Holding Plc Sponsored GDR Class A RegS 0.54Egis Technology, Inc. 0.54Polypipe Group PLC 0.54ATS Automation Tooling Systems Inc. 0.54Asbury Automotive Group, Inc. 0.54Digital Arts Inc. 0.53Inphi Corporation 0.53Greencore Group Plc 0.53Choice Hotels International, Inc. 0.53Assore Limited 0.53Itochu Techno-Solutions Corporation 0.53EMCOR Group, Inc. 0.53EDP - Energias do Brasil S.A. 0.53Insight Enterprises, Inc. 0.53Alten SA 0.52Zhejiang Expressway Co. Ltd. Class H 0.52En-Japan Inc. 0.51PT ACE Hardware Indonesia Tbk 0.51Interroll Holding AG 0.50Britvic plc 0.50Evercore Inc Class A 0.50Howden Joinery Group PLC 0.50American Equity Investment Life Holding Company 0.49Thanachart Capital Public Co., Ltd.(Alien Mkt) 0.49Ingevity Corporation 0.49Kadant Inc. 0.49Koshidaka Holdings Co., Ltd. 0.49Meritor, Inc. 0.48Sandfire Resources NL 0.48Sul America SA Ctf de Deposito de Acoes Cons of 1 Sh + 2 Pfd Shs 0.48Meritz Securities Co., Ltd 0.47Saracen Mineral Holdings Limited 0.47First Defiance Financial Corp. 0.47Kforce Inc. 0.47Banco ABC Brasil SA Conv Pfd 0.46Yangzijiang Shipbuilding (Holdings) Ltd. 0.46Warrior Met Coal, Inc. 0.46Loomis AB Class B 0.46Parade Technologies, Ltd. 0.46Simplo Technology Co. Ltd. 0.45Mercer International Inc. 0.45Landstar System, Inc. 0.45Hansol Chemical Co., Ltd 0.45RWS Holdings plc 0.45China Tian Lun Gas Holdings Limited 0.44Qualicorp Consultoria e Corretora de Seguros S.A. 0.44

Name % of NAV

Malibu Boats Inc Class A 0.44Enanta Pharmaceuticals, Inc. 0.44Xtep International Holdings Limited 0.44Radiant Opto-Electronics Corp. 0.44Estacio Participacoes S.A. 0.43Feng Tay Enterprise Co., Ltd. 0.43Chicony Electronics Co. Ltd. 0.43Chipbond Technology Corporation 0.42Chaun-Choung Technology Corp. 0.42John Laing Group Plc 0.42SLM Corp 0.42YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H 0.42TriNet Group, Inc. 0.42SYNNEX Corporation 0.42Chlitina Holding Ltd. 0.42Canon Marketing Japan Inc. 0.42Ausnutria Dairy Corp. Ltd. 0.42ANI Pharmaceuticals, Inc. 0.41Sanne Group PLC 0.41Zhen Ding Technology Holding Limited 0.41Nihon Unisys,Ltd. 0.41Tegma Gestao Logistica S.A. 0.41Upland Software, Inc. 0.41Stillfront Group AB 0.41Amano Corporation 0.41Innospec Inc. 0.41Lithia Motors, Inc. Class A 0.41ProPetro Holding Corp. 0.41Axon Enterprise Inc 0.41Regis Resources Limited 0.41ManTech International Corporation Class A 0.40Clinigen Group Plc 0.40METAWATER Co.Ltd. 0.40SolarEdge Technologies, Inc. 0.40Helen of Troy Limited 0.40Chimera Investment Corporation 0.40Metropole Television SA 0.40SpareBank 1 SMN 0.40Envestnet, Inc. 0.40Webjet Limited 0.40Azimut Holding Spa 0.40MFA Financial, Inc. 0.40Merry Electronics Co., Ltd. 0.40Funko, Inc. Class A 0.40SINBON Electronics Co., Ltd. 0.40Elite Material Co., Ltd. 0.40j2 Global, Inc. 0.40IMCD N.V. 0.40Tekfen Holding Anonim Sirketi 0.40Charter Court Financial Services Group Ltd. 0.39Allegiant Travel Company 0.39OneSavings Plc 0.39Partron Co., Ltd. 0.39Mediaset Espana Comunicacion SA 0.39Meitec Corporation 0.39Taiwan Union Technology Corporation 0.39Television Francaise 1 SA 0.39Solutions 30 SE 0.39Timken Company 0.39PRA Health Sciences, Inc. 0.39DMC Global Inc. 0.39DoubleUGames Co., Ltd. 0.39Group 1 Automotive, Inc. 0.38Installed Building Products, Inc. 0.38Cresco,Ltd. 0.38Cactus, Inc. Class A 0.38MAXIMUS, Inc. 0.38i3 Verticals, Inc. Class A 0.38John Bean Technologies Corporation 0.38Cirrus Logic, Inc. 0.38Universal Forest Products, Inc. 0.37Bellway p.l.c. 0.37Parex Resources Inc. 0.37Chemed Corporation 0.37Dialog Semiconductor plc 0.37Virtus Investment Partners, Inc. 0.37Dorman Products, Inc. 0.37Spectrum ASA 0.36New York Mortgage Trust, Inc. 0.36Mycronic AB 0.36Equitable Group Inc. 0.36Sawai Pharmaceutical Co., Ltd. 0.36Meet Group Inc 0.35Oshkosh Corp 0.35Kyudenko Corporation 0.35Sleep Number Corporation 0.34Comfort Systems USA, Inc. 0.33Westshore Terminals Investment Corporation 0.33Addus HomeCare Corporation 0.32INTER ACTION Corporation 0.32MTY Food Group Inc. 0.31Compania de Distribucion Integral Logista Holdings S.A. 0.31Giken Ltd. 0.30Maeda Kosen Co., Ltd. 0.28Fabrinet 0.28Health Insurance Innovations, Inc. Class A 0.25Best World International Limited 0.21Evolution Gaming Group AB 0.08Betsson AB TEMP Class B 0.02Cash 2.59Total 100.00

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

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

North America 40.30% Emerging Markets 19.99% Japan 11.81% United Kingdom 10.35% Europe Ex Uk 9.06% Asia Ex Japan 5.89% Cash 2.59%

Sector Allocation of underlying fund (As on May 31, 2019) (% of NAV)

Information Technology 23.23% Industrials 22.05% Financials 14.30% Consumer Discretionary 12.82% Health Care 7.16% Materials 4.88% Communication Services 4.38% Energy 4.03% Consumer Staples 2.97% Utilities 0.97% Real Estate 0.63% Cash 2.59%


Period Principal Global Opportunities Fund

MSCI All Country World Small Cap Index - TRI

(Scheme’s Benchmark)Nifty 50 - TRI

(Additional Benchmark)

^Returns (%)

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

1 Year (29-06-2018 to 28-06-2019) -5.11 9,489.91 -1.88 9,812.45 11.42 11,138.64

3 Years (30-06-2016 to 28-06-2019) 10.66 13,543.15 11.25 13,759.51 13.93 14,776.79

5 Years (30-06-2014 to 28-06-2019) 4.52 12,470.28 8.58 15,089.89 10.53 16,489.68

Since Inception (29-03-2004 to 28-06-2019) 7.10 28,478.00 12.07 56,931.47 14.77 81,800.74

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 28th June 2019)

Scheme Name 1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

Since Inception CAGR (%)

Date of Inception

FUNDS MANAGED BY MR. DHIMANT SHAH (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Emerging Bluechip Fund -0.49 12.72 15.32 24.64

12-11-2008NIFTY Large Midcap 250 Index - TRI 4.42 13.03 11.99 17.99Principal Focused Multicap Fund 7.49 11.33 9.73 14.70

11-11-2005S&P BSE 250 Large Midcap - TRI 7.84 13.38 11.11 13.32Principal Dividend Yield Fund 3.15 14.11 10.31 12.03

15-10-2004Nifty Dividend Opportunities 50 - TRI 5.56 14.02 7.95 NA

FUNDS MANAGED BY MR. P.V.K. MOHAN (TOTAL SCHEMES MANAGED : 9 SCHEMES)Principal Multi Cap Growth Fund 2.77 13.16 11.29 15.28

25-10-2000Nifty 500 Index - TRI 6.65 12.80 10.64 15.70Principal Tax Savings Fund 2.48 12.89 11.10 15.99

31-03-1996Nifty 500 Index - TRI$ 6.65 12.80 10.64 13.50Principal Personal Tax Saver Fund 2.58 8.10 7.80 19.07

31-03-1996Nifty 500 Index - TRI$ 6.65 12.80 10.64 13.50Principal Balanced Advantage Fund (Equity Portion) 2.25 5.96 6.26 8.76

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 9.18 10.44 9.48 9.32

Principal Hybrid Equity Fund (Equity Portion) 2.21 12.68 11.03 11.0114-01-2000

CRISIL Hybrid 35+65 - Aggressive Index** 9.65 11.65 10.54 NAPrincipal Equity Savings Fund (Equity Portion) 4.33 7.18 6.97 7.83

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 8.95 9.30 8.69 10.36Principal Retirement Savings Fund(Conservative Plan) 2.98 5.95 NA 6.42

14-12-201530% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 8.95 9.30 NA 9.58Principal Retirement Savings Fund(Progressive Plan) 4.44 9.53 NA 9.58

14-12-2015Nifty 200 Full Marketcap Index - TRI 8.05 13.29 NA 13.82Principal Retirement Savings Fund(Moderate Plan) 3.59 7.37 NA 7.23

14-12-2015CRISIL Hybrid 35+65 - Aggressive Index** 9.65 11.65 NA 12.18

FUNDS MANAGED BY MR. GURVINDER SINGH WASAN (TOTAL SCHEME MANAGED : 3 SCHEMES)Principal Short Term Debt Fund -1.90 3.65 5.70 7.05

09-05-2003CRISIL Short Term Bond Fund Index 9.06 7.51 8.20 7.21Principal Credit Risk Fund -0.46 4.61 6.40 7.04

14-09-2004NIFTY Credit Risk Bond Index 8.51 8.07 8.94 8.74Principal Equity Savings Fund (Debt Portion) 4.33 7.18 6.97 7.83

23-05-200230% Nifty 50 - TRI + 70% CRISIL Liquid Fund Index 8.95 9.30 8.69 10.36

FUNDS MANAGED BY MR. RAJAT JAIN (TOTAL SCHEMES MANAGED : 3 SCHEMES)Principal Nifty 100 Equal Weight Fund -0.75 7.51 6.30 10.35

27-07-1999Nifty 100 Equal Weight - TRI 0.52 9.34 8.43 NAPrincipal Arbitrage Fund -1.45 3.05 NA 3.28

21-04-2016Nifty 50 Arbitrage Index 6.28 5.31 NA 5.37Principal Global Opportunities Fund -5.11 10.66 4.52 7.10

29-03-2004MSCI All Country World Small Cap Index - TRI -1.88 11.25 8.58 12.07

FUNDS MANAGED BY MS. BEKxY KURIAKOSE (TOTAL SCHEMES MANAGED : 6 SCHEMES)Principal Hybrid Equity Fund (Debt Portion) 2.21 12.68 11.03 11.01

14-01-2000CRISIL Hybrid 35+65 - Aggressive Index** 9.65 11.65 10.54 NAPrincipal Dynamic Bond Fund -0.42 3.77 6.23 6.84

09-05-2003CRISIL Composite Bond Fund Index 11.63 8.03 9.06 6.79Principal Balanced Advantage Fund (Debt Portion) 2.25 5.96 6.26 8.76

16-12-201050% Nifty 100 TRI Index + 35% CRISIL Short Term Bond Index + 15% Nifty Arbitrage Index 9.18 10.44 9.48 9.32

Principal Cash Management Fund{as on 30th June 2019}

-2.01 3.88 5.71 6.9030-08-2004

CRISIL Liquid Fund Index 7.61 7.16 7.62 7.17Principal Low Duration Fund -11.24 0.85 3.79 6.37

14-09-2004CRISIL Low Duration Debt Index 8.63 7.82 8.31 7.54Principal Ultra Short Term Fund 1.25 4.87 6.44 6.29

28-12-2007CRISIL Liquid Fund Index 7.62 7.16 7.62 7.56

FUNDS MANAGED BY MR. SIDDARTH MOHTA (TOTAL SCHEMES MANAGED : 1 SCHEME)Principal Multi Cap Growth Fund 2.77 13.16 11.29 15.28

25-10-2000Nifty 500 Index - TRI 6.65 12.80 10.64 15.70Principal 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. P.V.K. Mohan manages Principal Multi Cap Growth Fund (w.e.f. September 2010) & Mr. Siddarth Mohta has been appointed as a Associate Fund Manager of Principal Multi Cap Growth Fund (w.e.f. August 2018), Principal Tax Savings Fund (w.e.f. September 2010), Principal Personal Tax Saver Fund (w.e.f. July 2017), Principal Balanced Advantage Fund - Equity Portion (w.e.f. July 2017), Principal Hybrid Equity Fund - Equity Portion (w.e.f. May 2010), Principal Equity Savings Fund - Equity Portion (w.e.f. June 2016) and Principal Retirement Savings Fund (Conservative Plan-Progressive Plan-Moderate Plan) (w.e.f. June 2018) 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.

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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.

• Gandhinagar: 123, First Floor, Megh Malhar Complex, Opp. Vijay Petrol Pump, Sector – 11, Gandhinagar, Gujarat, Pincode - 382011.

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

Index []...1 Index Details 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