Fund Details
Principal Nifty 100 Equal Weight Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.67% |
| NAV | ₹60.89 (17 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹26 Cr |
Returns
Comparison
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
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Transmission Ltd. | Engineering | Equity | 1.6% |
| JSW Steel Ltd. | Metals | Equity | 1.4% |
| Tata Steel Ltd. | Metals | Equity | 1.4% |
| Cadila Healthcare Ltd. | Healthcare | Equity | 1.3% |
| NMDC Ltd. | Metals | Equity | 1.3% |
| UPL Ltd. | Chemicals | Equity | 1.2% |
| Wipro Ltd. | Technology | Equity | 1.2% |
| Adani Enterprises Ltd. | Services | Equity | 1.2% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.1% |
| ICICI Prudential Life Insurance Company Ltd. | Financial | Equity | 1.1% |
Fund Managers
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.
