|Min SIP Amount||₹500|
|NAV||₹58.86 (17 Jun 2021)|
|Fund Started||27 Jul 1999|
|Fund Size||₹26 Cr|
|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%|
|Adani Enterprises Ltd.||Services||Equity||1.2%|
|Bajaj Finserv Ltd.||Financial||Equity||1.1%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Equity||1.1%|
Principal Nifty 100 Equal Weight Fund IDCW is a Other Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 27 Jul 1999. Rajat Jain is the Current Fund Manager of Principal Nifty 100 Equal Weight Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 17 Jun 2021 is ₹58.86.
The Principal Nifty 100 Equal Weight Fund IDCW is rated Very 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.