|Min SIP Amount||₹500|
|NAV||₹88.47 (22 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹21 Cr|
|Adani Transmission Ltd.||Engineering||Equity||1.4%|
|Tata Steel Ltd.||Metals||Equity||1.4%|
|Adani Green Energy Ltd.||Engineering||Equity||1.3%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||1.3%|
|Bajaj Finance Ltd.||Financial||Equity||1.3%|
|Bajaj Finserv Ltd.||Financial||Equity||1.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||1.2%|
|Indusind Bank Ltd.||Financial||Equity||1.2%|
|ICICI Bank Ltd.||Financial||Equity||1.2%|
Principal Nifty 100 Equal Weight Fund Direct Growth is a Others 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 22 Jan 2021 is ₹88.47.
The Principal Nifty 100 Equal Weight Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
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.