|Min SIP Amount||₹100|
|NAV||₹78.72 (10 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,087 Cr|
|Reliance Industries Ltd.||Energy||Equity||6.3%|
|HDFC Bank Ltd.||Financial||Equity||6.2%|
|ICICI Bank Ltd.||Financial||Equity||3.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.3%|
|Bharti Airtel Ltd.||Communication||Equity||3.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.2%|
Principal Hybrid Equity Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 01 Jan 2013. P V K Mohan, Bekxy Kuriakose is the Current Fund Manager of Principal Hybrid Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,087 Cr and the Latest NAV as of 10 Jul 2020 is ₹78.72.
The Principal Hybrid Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 300. For units in excess of 24% of the investment,1% will be charged for redemption within 1 year
Aims to generate long term capital appreciation and current income by investing in a portfolio of equity, equity related securities and fixed income securities.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.