|Min SIP Amount||₹100|
|NAV||₹148.14 (30 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹650 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.8%|
|HDFC Bank Ltd.||Financial||Equity||7.3%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.7%|
|ICICI Bank Ltd.||Financial||Equity||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.2%|
|Divi's Laboratories Ltd.||Healthcare||Equity||3.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||2.6%|
|Bajaj Finance Ltd.||Financial||Equity||2.2%|
Principal Multi Cap Growth Fund Direct Growth is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. P V K Mohan is the Current Fund Manager of Principal Multi Cap Growth Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹650 Cr and the Latest NAV as of 30 Oct 2020 is ₹148.14.
The Principal Multi Cap Growth 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 365 days
The fund seeks to achieve long-term capital appreciation through investment primarily in equities. With professional management and diversification provided the AMC, the risk will be considerably lower.
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.