| NAV: 31 Dec 2021 | ₹18.61 |
| Min. SIP amount | NA |
| Rating | NA |
| Fund size | ₹450.48Cr |
Returns and rankings
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 3.1% | 15.8% | 47.8% | 86.0% |
| Category average | NA | NA | 72.8% | NA |
| Rank with in category | 11 | 11 | 12 | NA |
Holdings (69)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Polycab India Ltd. | Engineering | Equity | 4.7% |
| The Federal Bank Ltd. | Financial | Equity | 3.5% |
| Ashok Leyland Ltd. | Automobile | Equity | 3.2% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Durable | Equity | 2.3% |
| Zee Entertainment Enterprises Ltd. | Services | Equity | 2.3% |
| Solar Industries India Ltd. | Chemicals | Equity | 2.1% |
| BEML Ltd | Engineering | Equity | 2.1% |
| ICICI Bank Ltd. | Financial | Equity | 2.1% |
| MindTree Ltd. | Technology | Equity | 2.0% |
| State Bank of India | Financial | Equity | 2.0% |
Expense ratio, exit load and tax
Expense ratio: 0.71%
Inclusive of GST
Exit load
For units in excess of 24% of the investment,1% will be charged for redemption within 365 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Ravi GopalakrishnanDec 2019 - PresentView details
Sudhir KediaDec 2019 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Principal Midcap Fund Direct Growth?
You can easily invest in Principal Midcap Fund Direct Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Principal Midcap Fund Direct Growth provide?
The Principal Midcap Fund Direct Growth 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 Growth?
The term
Expense Ratio used for Principal Midcap Fund Direct Growth 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 Growth is 0.71% as of 06 Jul 2022...
What is the AUM of Principal Midcap Fund Direct Growth?
The AUM, short for Assets Under Management of Principal Midcap Fund Direct Growth is ₹450.48Cr as of 06 Jul 2022.
How to Redeem Principal Midcap Fund Direct Growth?
If you want to sell your Principal Midcap Fund Direct Growth 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 Growth?
What is the NAV of Principal Midcap Fund Direct Growth?
The NAV of Principal Midcap Fund Direct Growth is ₹18.61 as of 31 Dec 2021.
