Principal Nifty 100 Equal Weight Fund Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹16 Cr and the Latest NAV as of 13 Sep 2019 is ₹68.57.
The Principal Nifty 100 Equal Weight Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. 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