Fund Details
Principal Nifty 100 Equal Weight Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.96% |
| NAV | ₹86.79 (19 Jan 2021) |
|---|---|
| Fund Started | 27 Jul 1999 |
| Fund Size | ₹21 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
12. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 1.5% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.3% |
| Tata Steel Ltd. | Metals | Equity | 1.3% |
| Adani Transmission Ltd. | Engineering | Equity | 1.3% |
| Bajaj Finance Ltd. | Financial | Equity | 1.3% |
| Indusind Bank Ltd. | Financial | Equity | 1.3% |
| HDFC Bank Ltd. | Financial | Equity | 1.2% |
| Axis Bank Ltd. | Financial | Equity | 1.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 1.2% |
Fund Managers
Principal Nifty 100 Equal Weight Fund Growth Details
Principal Nifty 100 Equal Weight Fund Growth is a Others 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 19 Jan 2021 is ₹86.79.
The Principal Nifty 100 Equal Weight Fund Growth is rated Moderately 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.
