|Min SIP Amount||₹500|
|NAV||₹70.31 (13 Apr 2021)|
|Fund Started||15 Oct 2004|
|Fund Size||₹199 Cr|
|Tata Consultancy Services Ltd.||Technology||Equity||7.3%|
|Reliance Industries Ltd.||Energy||Equity||5.8%|
|Ultratech Cement Ltd.||Construction||Equity||5.7%|
|Gujarat Gas Ltd.||Chemicals||Equity||5.0%|
|ICICI Bank Ltd.||Financial||Equity||4.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.8%|
|HDFC Bank Ltd.||Financial||Equity||4.0%|
|Navin Fluorine International Ltd.||Chemicals||Equity||3.9%|
Principal Dividend Yield Fund Growth is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 15 Oct 2004. Dhimant Shah is the Current Fund Manager of Principal Dividend Yield Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹199 Cr and the Latest NAV as of 13 Apr 2021 is ₹70.31.
The Principal Dividend Yield Fund Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 24% of the investment,1% will be charged for redemption within 365 days
The scheme aims to provide capital appreciation by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield.
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.