How to Invest in Principal Midcap Fund Direct IDCW?

You can easily invest in Principal Midcap Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Principal Midcap Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Principal Midcap Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Principal Midcap Fund Direct IDCW provide?

The Principal Midcap Fund Direct IDCW has been there from 30 Dec 2019 and the average annual returns provided by this fund is 47.78% since its inception.

How much expense ratio is charged by Principal Midcap Fund Direct IDCW?

The term Expense Ratio used for Principal Midcap Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Principal Midcap Fund Direct IDCW is 0.71% as of 26 Sep 2025...

What is the AUM of Principal Midcap Fund Direct IDCW?

The AUM, short for Assets Under Management of Principal Midcap Fund Direct IDCW is ₹450.48Cr as of 26 Sep 2025.

How to Redeem Principal Midcap Fund Direct IDCW?

If you want to sell your Principal Midcap Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Principal Midcap Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Principal Midcap Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Principal Midcap Fund Direct IDCW?

The NAV of Principal Midcap Fund Direct IDCW is ₹18.61 as of 31 Dec 2021.

What is the PE and PB ratio of Principal Midcap Fund Direct IDCW?

The PE ratio ratio of Principal Midcap Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Principal Midcap Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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Principal Midcap Fund Direct IDCW
Equity
Mid Cap
Moderately High Risk
Payout
1M
6M
1Y
All
 NAV: 31 Dec 2021
₹18.61
Rating
NA
Min. SIP amount
Not Supported
Fund size
₹450.48Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (70)NameSectorInstrumentAssets
Polycab India Ltd.
EngineeringEquity4.51%
The Federal Bank Ltd.
FinancialEquity4.02%
Tata Steel Ltd.
MetalsEquity3.14%
State Bank of India
FinancialEquity2.58%
Crompton Greaves Consumer Electricals Ltd.
Consumer DurableEquity2.53%
Bank Of Baroda
FinancialEquity2.48%
Ashok Leyland Ltd.
AutomobileEquity2.46%
Max Financial Services Ltd.
FinancialEquity2.45%
ICICI Bank Ltd.
FinancialEquity2.41%
Cholamandalam Investment & Finance Company Ltd.
FinancialEquity2.10%
Solar Industries India Ltd.
ChemicalsEquity2.00%
Coforge Ltd.
TechnologyEquity2.00%
Persistent Systems Ltd.
TechnologyEquity1.93%
Ipca Laboratories Ltd.
HealthcareEquity1.92%
PI Industries Ltd.
ChemicalsEquity1.86%
Subros Ltd.
AutomobileEquity1.78%
Zee Entertainment Enterprises Ltd.
ServicesEquity1.69%
Astral Ltd.
ChemicalsEquity1.65%
Honeywell Automation India Ltd.
EngineeringEquity1.63%
Indoco Remedies Ltd.
HealthcareEquity1.60%
Endurance Technologies Ltd.
AutomobileEquity1.60%
Trent Ltd.
ServicesEquity1.58%
Fortis Healthcare Ltd.
HealthcareEquity1.53%
Phoenix Mills Ltd.
ConstructionEquity1.51%
Can Fin Homes Ltd.
FinancialEquity1.51%
Voltas Ltd.
Consumer DurableEquity1.49%
Ceat Ltd.
AutomobileEquity1.46%
Laurus Labs Ltd.
HealthcareEquity1.42%
Bharti Airtel Ltd.
CommunicationEquity1.38%
Tata Power Company Ltd.
EnergyEquity1.37%
UTI Asset Management Company Ltd.
FinancialEquity1.31%
Crisil Ltd.
ServicesEquity1.23%
Atul Ltd.
ChemicalsEquity1.22%
Westlife Development Ltd.
ServicesEquity1.22%
Aarti Industries Ltd.
ChemicalsEquity1.19%
Kei Industries Ltd.
EngineeringEquity1.17%
Zydus Wellness Ltd.
FMCGEquity1.16%
SRF Ltd.
DiversifiedEquity1.14%
MindTree Ltd.
TechnologyEquity1.13%
Gujarat Gas Ltd.
EnergyEquity1.13%
Metropolis Healthcare Ltd.
HealthcareEquity1.12%
ABB India Ltd.
EngineeringEquity1.11%
Bata India Ltd.
FMCGEquity1.10%
The Ramco Cements Ltd.
ConstructionEquity1.07%
Gujarat State Petronet Ltd.
EnergyEquity1.07%
VIP Industries Ltd.
ChemicalsEquity1.07%
Amber Enterprises India Ltd.
Consumer DurableEquity1.06%
Schaeffler India Ltd.
EngineeringEquity1.03%
Maruti Suzuki India Ltd.
AutomobileEquity1.03%
Canara Bank
FinancialEquity1.00%
AIA Engineering Ltd.
MetalsEquity1.00%
Ajanta Pharma Ltd.
HealthcareEquity0.99%
Jubilant FoodWorks Ltd.
ServicesEquity0.96%
Emami Ltd.
FMCGEquity0.96%
Indian Bank
FinancialEquity0.94%
Bharat Petroleum Corporation Ltd.
EnergyEquity0.94%
Multi Commodity Exchange Of India Ltd.
ServicesEquity0.90%
Brigade Enterprises Ltd.
ConstructionEquity0.90%
Syngene International Ltd.
HealthcareEquity0.89%
Relaxo Footwears Ltd.
FMCGEquity0.89%
Kajaria Ceramics Ltd.
ConstructionEquity0.86%
Kansai Nerolac Paints Ltd.
ChemicalsEquity0.82%
City Union Bank Ltd.
FinancialEquity0.71%
PVR Ltd.
ServicesEquity0.70%
Rossari Biotech Ltd.
ChemicalsEquity0.69%
Transport Corporation Of India Ltd.
ServicesEquity0.63%
Bayer CropScience Ltd.
ChemicalsEquity0.56%
Jindal Steel & Power Ltd.
MetalsEquity0.46%
Sona BLW Precision Forgings Ltd.
AutomobileEquity0.37%
Reserve Bank of India
FinancialT-Bills0.02%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Mid Cap
Absolute returns
3M6M1YAll
Fund returns3.1%15.8%47.8%86.0%
Category averageNANA-5.0%NA
Rank with in category111112NA
Understand terms
Peer ComparisonEquity, Mid Cap fundsRating1Y3YFund Size(Cr)
Motilal Oswal Midcap Fund Direct IDCW
5
-4.3%25.9%34,779.74
HDFC Mid Cap Fund Direct IDCW
5
-0.0%25.8%83,104.83
Edelweiss Mid Cap Direct Plan IDCW
5
-0.7%25.6%11,297.33
Nippon India Growth Mid Cap Fund Direct IDCW
4
-1.9%25.1%38,385.96
Sundaram Mid Cap Fund Direct IDCW
4
-2.8%23.4%12,501.03
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.71%
31 Oct 2021 - 30 Nov 2021
0.71%
30 Sep 2021 - 31 Oct 2021
0.71%
31 Aug 2021 - 30 Sep 2021
0.68%
31 Jul 2021 - 31 Aug 2021
0.66%
30 Jun 2021 - 31 Jul 2021
0.66%
31 May 2021 - 30 Jun 2021
0.66%
30 Apr 2021 - 31 May 2021
0.65%
31 Mar 2021 - 30 Apr 2021
0.44%
28 Feb 2021 - 31 Mar 2021
0.44%
31 Jan 2021 - 28 Feb 2021
0.30%
31 Dec 2020 - 31 Jan 2021
0.35%
30 Nov 2020 - 31 Dec 2020
0.38%
31 Oct 2020 - 30 Nov 2020
0.39%
30 Sep 2020 - 31 Oct 2020
0.40%
31 Aug 2020 - 30 Sep 2020
0.39%
31 Jul 2020 - 31 Aug 2020
0.40%
30 Jun 2020 - 31 Jul 2020
0.40%
31 May 2020 - 30 Jun 2020
0.40%
30 Apr 2020 - 31 May 2020
0.40%
31 Mar 2020 - 30 Apr 2020
0.82%
29 Feb 2020 - 31 Mar 2020
0.31%
31 Jan 2020 - 29 Feb 2020
0.31%
Expense ratio, exit load and taxExpense ratio: 0.71%Inclusive of GST
Exit loadFor units in excess of 24% of the investment,1% will be charged for redemption within 365 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund managementRavi Gopalakrishnan
Dec 2019 - Present
View details
Education
Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
Also manages these schemes
Principal Emerging Bluechip Fund Direct Growth
Principal Retirement Savings Fund Progressive Plan Direct Growth
Principal Retirement Savings Fund Conservative Plan Direct Growth
Principal Retirement Savings Fund Moderate Plan Direct Growth
Principal Small Cap Fund Direct Growth
Principal Midcap Fund Direct Growth
Sudhir Kedia
Dec 2019 - Present
View details
Education
Mr. Kedia is CA, CMA and MBA.
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Mirae Asset Mutual Fund and ASK investment.
Also manages these schemes
Principal Personal Tax Saver Fund Direct
Sundaram Long Term Tax Advantage Fund Series I Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth
Sundaram Select Micro Cap Series XIV Direct Growth
Sundaram Select Micro Cap Series XV Direct Growth
Sundaram Select Micro Cap Series XVI Direct Growth
Sundaram Select Micro Cap Series XVII Direct Growth
Sundaram Emerging Small Cap Series 1 Direct Growth
Sundaram Emerging Small Cap Series II Direct Growth
Sundaram Emerging Small Cap Series III Direct Growth
Sundaram Emerging Small Cap Series IV Direct Growth
Sundaram Multi Cap Fund Series I Direct Growth
Sundaram Multi Cap Fund Series II Direct Growth
Sundaram Emerging Small Cap Series V Direct Growth
Sundaram Emerging Small Cap Series VI Direct Growth
Sundaram Emerging Small Cap Series VII Direct Growth
Principal Midcap Fund Direct Growth
Principal Large Cap Fund Direct Growth
Sundaram Flexi Cap Fund Direct Growth
Fund house & investment objective
Principal Mutual Fund
Rank (total assets)#24 in India
Total AUM₹7,817.63Cr
Date of Incorporation25 Nov 1994
    Principal Midcap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Principal Mutual Fund.     This scheme was made available to investors on 25 Nov 1994.     Ravi Gopalakrishnan is the Current Fund Manager of Principal Midcap Fund Direct IDCW fund.     The fund currently has an Asset Under Management(AUM) of ₹7,818 Cr and     the Latest NAV as of 31 Dec 2021 is ₹18.61.  

    The Principal Midcap Fund Direct IDCW is rated Moderately High risk.               For units in excess of 24% of the investment,1% will be charged for redemption within 365 days
  ;
Investment ObjectiveThe Scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies. 
 
;
Fund benchmarkNIFTY Midcap 150 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
Phone
022-67720555
Launch Date
25 Nov 1994
E-mail
[email protected]
Website
www.principalindia.com
Principal Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4,  Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Principal Midcap Fund Direct IDCW
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Polycab India Ltd.	Engineering	Equity	4.51%
The Federal Bank Ltd.	Financial	Equity	4.02%
Tata Steel Ltd.	Metals	Equity	3.14%
State Bank of India	Financial	Equity	2.58%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durable	Equity	2.53%
Bank Of Baroda	Financial	Equity	2.48%
Ashok Leyland Ltd.	Automobile	Equity	2.46%
Max Financial Services Ltd.	Financial	Equity	2.45%
ICICI Bank Ltd.	Financial	Equity	2.41%
Cholamandalam Investment & Finance Company Ltd.	Financial	Equity	2.10%
Solar Industries India Ltd.	Chemicals	Equity	2.00%
Coforge Ltd.	Technology	Equity	2.00%
Persistent Systems Ltd.	Technology	Equity	1.93%
Ipca Laboratories Ltd.	Healthcare	Equity	1.92%
PI Industries Ltd.	Chemicals	Equity	1.86%
Subros Ltd.	Automobile	Equity	1.78%
Zee Entertainment Enterprises Ltd.	Services	Equity	1.69%
Astral Ltd.	Chemicals	Equity	1.65%
Honeywell Automation India Ltd.	Engineering	Equity	1.63%
Indoco Remedies Ltd.	Healthcare	Equity	1.60%
Endurance Technologies Ltd.	Automobile	Equity	1.60%
Trent Ltd.	Services	Equity	1.58%
Fortis Healthcare Ltd.	Healthcare	Equity	1.53%
Phoenix Mills Ltd.	Construction	Equity	1.51%
Can Fin Homes Ltd.	Financial	Equity	1.51%
Voltas Ltd.	Consumer Durable	Equity	1.49%
Ceat Ltd.	Automobile	Equity	1.46%
Laurus Labs Ltd.	Healthcare	Equity	1.42%
Bharti Airtel Ltd.	Communication	Equity	1.38%
Tata Power Company Ltd.	Energy	Equity	1.37%
UTI Asset Management Company Ltd.	Financial	Equity	1.31%
Crisil Ltd.	Services	Equity	1.23%
Atul Ltd.	Chemicals	Equity	1.22%
Westlife Development Ltd.	Services	Equity	1.22%
Aarti Industries Ltd.	Chemicals	Equity	1.19%
Kei Industries Ltd.	Engineering	Equity	1.17%
Zydus Wellness Ltd.	FMCG	Equity	1.16%
SRF Ltd.	Diversified	Equity	1.14%
MindTree Ltd.	Technology	Equity	1.13%
Gujarat Gas Ltd.	Energy	Equity	1.13%
Metropolis Healthcare Ltd.	Healthcare	Equity	1.12%
ABB India Ltd.	Engineering	Equity	1.11%
Bata India Ltd.	FMCG	Equity	1.10%
The Ramco Cements Ltd.	Construction	Equity	1.07%
Gujarat State Petronet Ltd.	Energy	Equity	1.07%
VIP Industries Ltd.	Chemicals	Equity	1.07%
Amber Enterprises India Ltd.	Consumer Durable	Equity	1.06%
Schaeffler India Ltd.	Engineering	Equity	1.03%
Maruti Suzuki India Ltd.	Automobile	Equity	1.03%
Canara Bank	Financial	Equity	1.00%
AIA Engineering Ltd.	Metals	Equity	1.00%
Ajanta Pharma Ltd.	Healthcare	Equity	0.99%
Jubilant FoodWorks Ltd.	Services	Equity	0.96%
Emami Ltd.	FMCG	Equity	0.96%
Indian Bank	Financial	Equity	0.94%
Bharat Petroleum Corporation Ltd.	Energy	Equity	0.94%
Multi Commodity Exchange Of India Ltd.	Services	Equity	0.90%
Brigade Enterprises Ltd.	Construction	Equity	0.90%
Syngene International Ltd.	Healthcare	Equity	0.89%
Relaxo Footwears Ltd.	FMCG	Equity	0.89%
Kajaria Ceramics Ltd.	Construction	Equity	0.86%
Kansai Nerolac Paints Ltd.	Chemicals	Equity	0.82%
City Union Bank Ltd.	Financial	Equity	0.71%
PVR Ltd.	Services	Equity	0.70%
Rossari Biotech Ltd.	Chemicals	Equity	0.69%
Transport Corporation Of India Ltd.	Services	Equity	0.63%
Bayer CropScience Ltd.	Chemicals	Equity	0.56%
Jindal Steel & Power Ltd.	Metals	Equity	0.46%
Sona BLW Precision Forgings Ltd.	Automobile	Equity	0.37%
Reserve Bank of India	Financial	T-Bills	0.02%

	3M	6M	1Y	All
Fund returns	3.1%	15.8%	47.8%	86.0%
Category average	NA	NA	-5.0%	NA
Rank with in category	11	11	12	NA

Equity, Mid Cap funds	Rating	1Y	3Y	Fund Size(Cr)
Motilal Oswal Midcap Fund Direct IDCW	5	-4.3%	25.9%	34,779.74
HDFC Mid Cap Fund Direct IDCW	5	-0.0%	25.8%	83,104.83
Edelweiss Mid Cap Direct Plan IDCW	5	-0.7%	25.6%	11,297.33
Nippon India Growth Mid Cap Fund Direct IDCW	4	-1.9%	25.1%	38,385.96
Sundaram Mid Cap Fund Direct IDCW	4	-2.8%	23.4%	12,501.03