Should I invest in Principal Monthly Income Plan - Plus?

We don't give personal investment advice. Principal Monthly Income Plan - Plus-Growth 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: 2.4%. 5-year CAGR: 6.93%.

PRINCIPAL

Principal Monthly Income Plan - Plus-Growth

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	+0.01%	-9.99%	+10.00	211 / 1129	Q1
1W	+0.56%	-13.04%	+13.60	71 / 1151	Q1
2W	+0.89%	-13.18%	+14.08	61 / 1149	Q1
1M	+1.13%	-13.26%	+14.39	73 / 1137	Q1
3M	+2.66%	-13.15%	+15.81	85 / 1116	Q1
6M	+4.79%	-15.45%	+20.25	121 / 906	Q1
YTD	+3.85%	-15.77%	+19.62	186 / 952	Q1
1Y	+7.98%	-13.09%	+21.06	194 / 820	Q1
2Y	+4.66%	-12.72%	+17.38	155 / 446	Q2
3Y	+6.04%	-11.01%	+17.05	96 / 385	Q1
4Y	+6.48%	-6.52%	+13.00	88 / 339	Q2
5Y	+6.93%	-7.36%	+14.29	79 / 314	Q2
7Y	+7.43%	+2.53%	+4.90	59 / 234	Q2
10Y	+6.71%	+3.14%	+3.57	24 / 101	Q1
Inception	+7.54%	-13.63%	+21.18	249 / 1199	Q1

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
2019 YTD	+3.85%	-4.85%	+8.70	12 / 56
2018	+4.40%	+1.30%	+3.10	15 / 90
2017	+1.88%	+1.63%	+0.25	42 / 137
2016	+10.62%	+3.02%	+7.60	14 / 181
2015	+7.45%	+2.22%	+5.23	38 / 216
2014	+9.36%	+5.51%	+3.85	59 / 240
2013	+6.00%	-1.95%	+7.96	76 / 276
2012	+11.77%	+1.38%	+10.39	17 / 295
2011	-1.92%	-3.16%	+1.24	261 / 317
2010	+5.00%	-5.78%	+10.79	79 / 377
2009	+20.28%	-12.86%	+33.14	17 / 713

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

+7.91%

149 windows

min -7.3% · max 26.3%

94% positive

3-Year rolling

+7.76%

124 windows

min 4.4% · max 12.9%

100% positive

5-Year rolling

+7.44%

100 windows

min 5.0% · max 9.7%

100% positive

7-Year rolling

+7.47%

76 windows

min 6.2% · max 9.0%

100% 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

2.51%

3-year · annualised

Sharpe ratio

-0.24

vs risk-free 6.5%

Sortino ratio

-0.53

Downside-only deviation

Max drawdown

-2.45%

Nov 2017 → Feb 2018

% positive months

75.0%

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
29 May 2019	₹31.7020
28 May 2019	₹31.6982
27 May 2019	₹31.6867
24 May 2019	₹31.6125
23 May 2019	₹31.5858
22 May 2019	₹31.5249
21 May 2019	₹31.5151
20 May 2019	₹31.5154
17 May 2019	₹31.4656
16 May 2019	₹31.4327

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 - Plus-Growth 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 - Plus-Growth 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 - Plus-Growth 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 - Plus-Growth has delivered a absolute return of 7.98% — +21.06 pp ahead of the Income category average of -13.09%. The fund ranks #194 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Principal Monthly Income Plan - Plus-Growth has delivered a CAGR of 6.04% — +17.05 pp ahead of the Income category average of -11.01%. The fund ranks #96 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Principal Monthly Income Plan - Plus-Growth has delivered a CAGR of 6.93% — +14.29 pp ahead of the Income category average of -7.36%. The fund ranks #79 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in Principal Monthly Income Plan - Plus-Growth exactly 10 years ago would be worth approximately ₹191,470 today — a multiplier of 1.91×, based on the 10-year CAGR of 6.71%. 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 - Plus-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹702,674 today. That's an XIRR (money-weighted annualised return) of 6.25%.

A ₹10,000 monthly SIP for 10 years in Principal Monthly Income Plan - Plus-Growth = ₹1,200,000 invested. It would currently be worth ₹1,694,040 (multiplier 1.41×). XIRR: 6.71%. 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 - Plus-Growth ranks #79 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 6.93%.

The worst peak-to-trough decline Principal Monthly Income Plan - Plus-Growth has experienced over the last 5-year window is 2.45% — its NAV fell from a high on 20 Nov 2017 to a low on 01 Feb 2018. 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 - Plus-Growth averaged 7.44% (best 9.69%, worst 4.96%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.12 — weak risk-adjusted performance.

In calendar year 2018, Principal Monthly Income Plan - Plus-Growth returned 4.40% — beating the Income category average of 1.30% by 3.10 pp. It ranked #15 of 90 in its category that year.

Principal Monthly Income Plan - Plus-Growth 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 - Plus-Growth 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: 2.4%. 5-year CAGR: 6.93%.

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