| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.40% |
| NAV | ₹9.33 (02 Jul 2020) |
|---|---|
| Fund Started | 05 Dec 2019 |
| Fund Size | ₹217 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Consumer Products Ltd. | FMCG | Equity | 4.2% |
| Wabco India Ltd. | Automobile | Equity | 4.0% |
| Abbott India Ltd. | Healthcare | Equity | 3.4% |
| Bayer CropScience Ltd. | Healthcare | Equity | 3.4% |
| Page Industries Ltd. | Textiles | Equity | 2.6% |
| Jubilant FoodWorks Ltd. | Services | Equity | 2.6% |
| Max Financial Services Ltd. | Financial | Equity | 2.4% |
| Atul Ltd. | Chemicals | Equity | 2.3% |
| Whirlpool Of India Ltd. | Cons Durable | Equity | 2.2% |
| Info Edge (India) Ltd. | Services | Equity | 2.2% |
Principal Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 05 Dec 2019. Ravi Gopalakrishnan is the Current Fund Manager of Principal Midcap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹217 Cr and the Latest NAV as of 02 Jul 2020 is ₹9.33.
The Principal Midcap Fund Direct Growth is rated Moderately 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 generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies.
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.