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 ₹18 Cr and the Latest NAV as of 15 Nov 2019 is ₹73.43.
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.
The Scheme plans to invest principally in securities of companies whose securities are included in Nifty.
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)
Min for First Investment
Min for Second Investment