|Min SIP Amount||N.A|
|NAV||₹9.88 (29 Oct 2020)|
|Fund Started||19 Oct 2020|
|Fund Size||₹0 Cr|
Principal Large Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 19 Oct 2020. Sudhir Kedia is the Current Fund Manager of Principal Large Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹0 Cr and the Latest NAV as of 29 Oct 2020 is ₹9.88.
The Principal Large Cap Fund Direct Growth is rated Moderately High risk. Minimum Lumpsum Investment is 5000. For units in excess of 24% of the investment,1% will be charged for redemption within 365 days.
The scheme seeks to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.
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.