Principal Hybrid Equity Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. P V K Mohan, Bekxy Kuriakose is the Current Fund Manager of Principal Hybrid Equity Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,371 Cr and the Latest NAV as of 20 Feb 2020 is ₹30.72.
The Principal Hybrid Equity Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 500. 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 24% of the investment,1% will be charged for redemption within 1 year