Should I invest in Principal Monthly Income Plan-Monthly Dividend?

We don't give personal investment advice. Principal Monthly Income Plan-Monthly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.3%. 5-year CAGR: 5.27%.

PRINCIPAL

Principal Monthly Income Plan-Monthly Dividend

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.07%	-9.99%	+10.05	68 / 1129	Q1
1W	+0.02%	-13.04%	+13.06	348 / 1151	Q2
2W	-4.53%	-13.18%	+8.65	909 / 1149	Q4
1M	-3.35%	-13.26%	+9.91	863 / 1137	Q4
3M	-2.90%	-13.15%	+10.24	841 / 1116	Q4
6M	+3.20%	-15.45%	+18.65	244 / 906	Q2
YTD	+9.09%	-15.77%	+24.86	26 / 952	Q1
1Y	+9.35%	-13.09%	+22.44	116 / 820	Q1
2Y	+9.38%	-12.72%	+22.10	24 / 446	Q1
3Y	+5.96%	-11.01%	+16.97	99 / 385	Q2
4Y	+4.54%	-6.52%	+11.06	110 / 339	Q2
5Y	+5.27%	-7.36%	+12.64	95 / 314	Q2
7Y	+3.97%	+2.53%	+1.44	97 / 234	Q2
10Y	+3.05%	+3.14%	-0.09	41 / 101	Q2
Inception	+1.79%	-13.63%	+15.43	368 / 1199	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2021 YTD	+9.09%	+5.14%	+3.94	10 / 42
2020	+9.28%	+5.20%	+4.08	4 / 45
2019	-0.62%	-4.85%	+4.24	24 / 56
2018	+0.40%	+1.30%	-0.90	54 / 90
2017	+7.93%	+1.63%	+6.30	7 / 137
2016	+2.34%	+3.02%	-0.68	80 / 181
2015	-0.88%	+2.22%	-3.10	197 / 216
2014	+3.32%	+5.51%	-2.19	138 / 240
2013	-2.31%	-1.95%	-0.35	235 / 276
2012	+1.79%	+1.38%	+0.41	167 / 295
2011	-0.80%	-3.16%	+2.36	242 / 317

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.14%

180 windows

min -13.4% · max 27.7%

59% positive

3-Year rolling

+1.28%

156 windows

min -3.7% · max 8.3%

71% positive

5-Year rolling

+1.29%

132 windows

min -1.7% · max 5.3%

73% positive

7-Year rolling

+1.24%

107 windows

min -1.5% · max 4.7%

78% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

9.86%

3-year · annualised

Sharpe ratio

-0.02

vs risk-free 6.5%

Sortino ratio

-0.03

Downside-only deviation

Max drawdown

-16.86%

Jun 2019 → Mar 2020

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
30 Dec 2021	₹14.2770
29 Dec 2021	₹14.2676
28 Dec 2021	₹14.2961
27 Dec 2021	₹14.2389
24 Dec 2021	₹14.2110
23 Dec 2021	₹14.2740
22 Dec 2021	₹14.2373
21 Dec 2021	₹14.1322
20 Dec 2021	₹14.0519
17 Dec 2021	₹14.7754

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Principal Monthly Income Plan-Monthly Dividend is a Income from PRINCIPAL (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Principal Monthly Income Plan-Monthly Dividend has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Principal Monthly Income Plan-Monthly Dividend is managed by PRINCIPAL. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Principal Monthly Income Plan-Monthly Dividend has delivered a absolute return of 9.35% — +22.44 pp ahead of the Income category average of -13.09%. The fund ranks #116 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Principal Monthly Income Plan-Monthly Dividend has delivered a CAGR of 5.96% — +16.97 pp ahead of the Income category average of -11.01%. The fund ranks #99 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Principal Monthly Income Plan-Monthly Dividend has delivered a CAGR of 5.27% — +12.64 pp ahead of the Income category average of -7.36%. The fund ranks #95 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in Principal Monthly Income Plan-Monthly Dividend exactly 10 years ago would be worth approximately ₹135,103 today — a multiplier of 1.35×, based on the 10-year CAGR of 3.05%. The category average over the same window would have grown ₹1 lakh to ₹136,244.

A ₹10,000 monthly SIP in Principal Monthly Income Plan-Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹695,692 today. That's an XIRR (money-weighted annualised return) of 5.85%.

A ₹10,000 monthly SIP for 10 years in Principal Monthly Income Plan-Monthly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,489,325 (multiplier 1.24×). XIRR: 4.23%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Principal Monthly Income Plan-Monthly Dividend ranks #95 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 5.27%.

The worst peak-to-trough decline Principal Monthly Income Plan-Monthly Dividend has experienced over the last 5-year window is 18.35% — its NAV fell from a high on 06 Nov 2017 to a low on 23 Mar 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Principal Monthly Income Plan-Monthly Dividend averaged 1.29% (best 5.27%, worst -1.75%). 73% of rolling windows ended positive. The 5-year Sharpe ratio is -0.12 — negative risk-adjusted performance.

In calendar year 2020, Principal Monthly Income Plan-Monthly Dividend returned 9.28% — beating the Income category average of 5.20% by 4.08 pp. It ranked #4 of 45 in its category that year.

Principal Monthly Income Plan-Monthly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Principal Monthly Income Plan-Monthly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.3%. 5-year CAGR: 5.27%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.