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Principal Nifty 100 Equal Weight Fund Direct IDCW-0.75%

64.30%
1 Year Return
Other
Index
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Nifty 100 Equal Weight Fund Direct IDCW

RiskVery High
Min SIP Amount₹500
Expense Ratio0.67%
NAV₹60.89 (17 Jun 2021)
Fund Started01 Jan 2013
Fund Size26 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
64.3%
10.9%
12.5%
10.9%
Category Average
50.8%
10.2%
12.9%
-
Rank Within Category
4
50
47
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 64.3% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Adani Transmission Ltd.EngineeringEquity1.6%
JSW Steel Ltd.MetalsEquity1.4%
Tata Steel Ltd.MetalsEquity1.4%
Cadila Healthcare Ltd.HealthcareEquity1.3%
NMDC Ltd.MetalsEquity1.3%
UPL Ltd.ChemicalsEquity1.2%
Wipro Ltd.TechnologyEquity1.2%
Adani Enterprises Ltd.ServicesEquity1.2%
Bajaj Finserv Ltd.FinancialEquity1.1%
ICICI Prudential Life Insurance Company Ltd.FinancialEquity1.1%
See All

Principal Nifty 100 Equal Weight Fund Direct IDCW Details

Principal Nifty 100 Equal Weight Fund Direct IDCW is a Other Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rajat Jain is the Current Fund Manager of Principal Nifty 100 Equal Weight Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 17 Jun 2021 is ₹60.89.

The Principal Nifty 100 Equal Weight Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index.

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
Nil
Exit Load

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About Principal Mutual Fund

Address
Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
Phone
022-67720555
Launch Date
25 Nov 1994
Website
NA
Principal Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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