Fund Details
Principal Nifty 100 Equal Weight Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.96% |
| NAV | ₹95.18 (11 May 2021) |
|---|---|
| Fund Started | 27 Jul 1999 |
| Fund Size | ₹24 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Steel Ltd. | Metals | Equity | 1.1% |
| NMDC Ltd. | Metals | Equity | 1.1% |
| Yes Bank Ltd. | Financial | Equity | 1.1% |
| Adani Transmission Ltd. | Engineering | Equity | 1.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 1.1% |
| UPL Ltd. | Chemicals | Equity | 1.1% |
| ACC Ltd. | Construction | Equity | 1.1% |
| JSW Steel Ltd. | Metals | Equity | 1.0% |
| Titan Company Ltd. | Cons Durable | Equity | 1.0% |
| Punjab National Bank | Financial | Equity | 1.0% |
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 ₹24 Cr and the Latest NAV as of 11 May 2021 is ₹95.18.
The Principal Nifty 100 Equal Weight Fund Growth is rated Very 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.
