Principal Nifty 100 Equal Weight Fund Direct Dividend is a Others Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rajat Jain is the Current Fund Manager of Principal Nifty 100 Equal Weight Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹17 Cr and the Latest NAV as of 23 Oct 2019 is ₹42.76.
The Principal Nifty 100 Equal Weight Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 2000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The Scheme plans to invest principally in securities of companies whose securities are included in Nifty.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment