|Min SIP Amount||₹500|
|NAV||₹12.46 (12 May 2021)|
|Fund Started||19 Oct 2020|
|Fund Size||₹413 Cr|
|HDFC Bank Ltd.||Financial||Equity||6.9%|
|ICICI Bank Ltd.||Financial||Equity||6.7%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||PPE||3.4%|
|Bharti Airtel Ltd.||Communication||Equity||3.3%|
|State Bank of India||Financial||Equity||3.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.0%|
|Maruti Suzuki India Ltd.||Automobile||Equity||2.8%|
|Axis Bank Ltd.||Financial||Equity||2.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.7%|
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 ₹413 Cr and the Latest NAV as of 12 May 2021 is ₹12.46.
The Principal Large Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. 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.