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Principal Nifty 100 Equal Weight Fund Growth+1.84%

17.61%
1 Year Return
Others
Index
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Nifty 100 Equal Weight Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.96%
NAV₹86.79 (19 Jan 2021)
Fund Started27 Jul 1999
Fund Size21 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.6%
4.8%
11.1%
8.3%
Category Average
16.0%
9.2%
14.5%
-
Rank Within Category
59
82
74
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 17.6% returns per annum

Comparison

Data not available
Pros
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
Cons
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

NameSectorInstrument% Assets
Adani Green Energy Ltd.EngineeringEquity1.5%
Bajaj Finserv Ltd.FinancialEquity1.3%
Kotak Mahindra Bank Ltd.FinancialEquity1.3%
Tata Steel Ltd.MetalsEquity1.3%
Adani Transmission Ltd.EngineeringEquity1.3%
Bajaj Finance Ltd.FinancialEquity1.3%
Indusind Bank Ltd.FinancialEquity1.3%
HDFC Bank Ltd.FinancialEquity1.2%
Axis Bank Ltd.FinancialEquity1.2%
Housing Development Finance Corpn. Ltd.FinancialEquity1.2%
See All

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Principal Mutual Fund

Address
Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
Phone
022-67720555
Launch Date
25 Nov 1994
Principal Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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