Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Principal Index Fund Midcap Direct Growth
NAV: 09 Jun '17
₹19.91
Min. for SIP
Not Supported
Fund size (AUM)
--
Expense ratio
0.44%
Rating
1
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -- | -- | -- | -- |
| Category average (Equity Mid Cap) | -- | -- | -- | -- |
| Rank (Equity Mid Cap) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 90 days
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +14.79% | +25.70% | 6,932.99 | |
 | +7.84% | +24.91% | 17,748.32 | |
 | +9.60% | +23.17% | 49,169.10 | |
| +9.15% | +23.00% | 14,026.07 | |
 | +7.09% | +21.25% | 1,00,858.31 | |
| Compare | ||||
About Principal Index Fund Midcap Direct Growth
Principal Index Fund Midcap Direct Growth is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹77,804 Cr and the Latest NAV as of 09 Jun 2017 is ₹19.91.
The Principal Index Fund Midcap Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹2,000. Exit load of 1% if redeemed within 90 days
;
Investment Objective
The scheme seeks to invest principally in securities that comprise Nifty Midcap 100 Index and subject to tracking errors endevour to attain results commensurate with the CNX Midcap Index.
Fund benchmarkNIFTY Midcap 100 Index
Fund house
Rank (total assets)#17 in India
Total AUM₹77,803.54 Cr
Date of Incorporation26 Feb 1996
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,