|Min SIP Amount||₹500|
|NAV||₹65.59 (25 Sep 2020)|
|Fund Started||27 Jul 1999|
|Fund Size||₹17 Cr|
|Tata Motors Ltd.||Automobile||Equity||1.3%|
|Divi's Laboratories Ltd.||Healthcare||Equity||1.3%|
|JSW Steel Ltd.||Metals||Equity||1.3%|
|Zee Entertainment Enterprises Ltd.||Services||Equity||1.3%|
|Interglobe Aviation Ltd.||Services||Equity||1.2%|
|Indusind Bank Ltd.||Financial||Equity||1.2%|
|Hindalco Industries Ltd.||Metals||Equity||1.1%|
|Tata Steel Ltd.||Metals||Equity||1.1%|
|Grasim Industries Ltd.||Construction||Equity||1.1%|
|Motherson Sumi Systems Ltd.||Automobile||Equity||1.1%|
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 ₹17 Cr and the Latest NAV as of 25 Sep 2020 is ₹65.59.
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.
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.