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 14 Dec 2024...

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 14 Dec 2024.

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?

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

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.

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

The PE ratio ratio of Principal Midcap Fund Direct Growth 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 Growth - NAV, Mutual Fund Performance & Portfolio

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Principal Midcap Fund Direct   Growth
Equity
Mid Cap
Moderately High Risk
1M
6M
1Y
All
  NAV: 31 Dec 2021₹18.61
Min. SIP amountNot Supported
RatingNA
Fund size₹450.48Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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 averageNANA35.0%NA
Rank with in category111112NA
Understand terms
Peer ComparisonEquity, Mid Cap fundsRating1Y3YFund Size(Cr)
Motilal Oswal Midcap Fund Direct Growth
5
64.4%36.9%18,604.02
HDFC Mid Cap Opportunities Direct Plan Growth
4
34.2%28.8%77,682.90
Nippon India Growth Fund Direct  Growth
4
35.4%27.4%35,208.97
Kotak Emerging Equity Fund Direct Growth
4
41.5%24.6%52,626.72
Quant Mid Cap Fund Direct Growth
5
27.3%24.5%9,500.70
Holdings (70)NameSectorInstrumentAssets
Polycab India Ltd.
EngineeringEquity4.66%
The Federal Bank Ltd.
FinancialEquity3.54%
Ashok Leyland Ltd.
AutomobileEquity3.20%
Crompton Greaves Consumer Electricals Ltd.
Consumer DurableEquity2.31%
Zee Entertainment Enterprises Ltd.
ServicesEquity2.26%
Solar Industries India Ltd.
ChemicalsEquity2.15%
BEML Ltd
EngineeringEquity2.14%
ICICI Bank Ltd.
FinancialEquity2.12%
MindTree Ltd.
TechnologyEquity2.04%
State Bank of India
FinancialEquity2.02%
Bank Of Baroda
FinancialEquity2.01%
Persistent Systems Ltd.
TechnologyEquity1.90%
Cholamandalam Investment & Finance Company Ltd.
FinancialEquity1.89%
Shriram Transport Finance Company Ltd.
FinancialEquity1.88%
Coforge Ltd.
TechnologyEquity1.88%
Subros Ltd.
AutomobileEquity1.79%
Canara Bank
FinancialEquity1.77%
Ipca Laboratories Ltd.
HealthcareEquity1.76%
Gujarat State Petronet Ltd.
EnergyEquity1.73%
Trent Ltd.
ServicesEquity1.67%
Tata Steel Ltd.
MetalsEquity1.66%
Astral Ltd.
ChemicalsEquity1.62%
Max Financial Services Ltd.
FinancialEquity1.57%
Fortis Healthcare Ltd.
HealthcareEquity1.56%
Phoenix Mills Ltd.
ConstructionEquity1.56%
Indian Bank
FinancialEquity1.56%
Tata Power Company Ltd.
EnergyEquity1.53%
Voltas Ltd.
Consumer DurableEquity1.46%
ICRA Ltd.
ServicesEquity1.45%
Can Fin Homes Ltd.
FinancialEquity1.41%
SRF Ltd.
DiversifiedEquity1.40%
Schaeffler India Ltd.
EngineeringEquity1.40%
Kei Industries Ltd.
EngineeringEquity1.36%
Zydus Wellness Ltd.
FMCGEquity1.36%
PI Industries Ltd.
ChemicalsEquity1.34%
Indoco Remedies Ltd.
HealthcareEquity1.33%
Brigade Enterprises Ltd.
ConstructionEquity1.29%
Sona BLW Precision Forgings Ltd.
AutomobileEquity1.29%
Honeywell Automation India Ltd.
EngineeringEquity1.26%
Minda Industries Ltd.
AutomobileEquity1.24%
Crisil Ltd.
ServicesEquity1.23%
Westlife Development Ltd.
ServicesEquity1.19%
Aarti Industries Ltd.
ChemicalsEquity1.13%
ABB India Ltd.
EngineeringEquity1.12%
Navin Fluorine International Ltd.
ChemicalsEquity1.12%
Amber Enterprises India Ltd.
Consumer DurableEquity1.12%
UTI Asset Management Company Ltd.
FinancialEquity1.04%
Metropolis Healthcare Ltd.
HealthcareEquity1.04%
Bharti Airtel Ltd. Partly Paid Equity
CommunicationPPE1.01%
VIP Industries Ltd.
ChemicalsEquity0.99%
Atul Ltd.
ChemicalsEquity0.98%
Tata Motors Ltd.
AutomobileEquity0.95%
Bata India Ltd.
FMCGEquity0.95%
Laurus Labs Ltd.
HealthcareEquity0.93%
Bharat Forge Ltd.
AutomobileEquity0.93%
Kansai Nerolac Paints Ltd.
ChemicalsEquity0.92%
The Ramco Cements Ltd.
ConstructionEquity0.87%
Ceat Ltd.
AutomobileEquity0.85%
Ajanta Pharma Ltd.
HealthcareEquity0.84%
PVR Ltd.
ServicesEquity0.83%
Syngene International Ltd.
HealthcareEquity0.80%
Emami Ltd.
FMCGEquity0.80%
AIA Engineering Ltd.
MetalsEquity0.79%
Force Motors Ltd.
AutomobileEquity0.77%
Relaxo Footwears Ltd.
FMCGEquity0.75%
TVS Motor Company Ltd.
AutomobileEquity0.47%
Multi Commodity Exchange Of India Ltd.
ServicesEquity0.33%
FSN E-Commerce Ventures Ltd.
ServicesEquity0.32%
MRF Ltd.
AutomobileEquity0.31%
Reserve Bank of India
FinancialT-Bills0.02%
See All
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
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
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 Dividend Yield Fund Direct-Growth
Principal Emerging Bluechip Fund Direct  Growth
Principal Multi Cap Growth Fund - Direct - Growth
Principal Equity Savings Fund - Direct - Growth
Principal Balanced Advantage Fund Direct-Growth
Principal Personal Tax Saver Fund Direct
Sundaram Large and Mid Cap Fund Direct Growth
Sundaram Small Cap 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
Sundaram Services Fund Direct   Growth
Principal Small Cap Fund Direct   Growth
Principal Midcap Fund Direct   Growth
Sundaram Large Cap Fund Direct   Growth
Sundaram Flexi Cap 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 Equity Savings Fund - Direct - Growth
Principal Personal Tax Saver Fund Direct
Sundaram Diversified Equity Fund Direct Growth
Sundaram Small Cap Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series I Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct   Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct   Growth
Sundaram Select Micro Cap Series XIV Direct   Growth
Sundaram Select Micro Cap Series XV Direct   Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct   Growth
Sundaram Select Micro Cap Series XVI Direct   Growth
Sundaram Select Micro Cap Series XVII Direct   Growth
Sundaram Long Term Tax Advantage Fund Series III Direct   Growth
Sundaram Emerging Small Cap Series 1 Direct   Growth
Sundaram Emerging Small Cap Series II Direct   Growth
Sundaram Long Term Tax Advantage Fund Series IV 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
Mirae Asset Equity Savings Fund Direct   Growth
Principal Midcap Fund Direct   Growth
Sundaram Large Cap Fund Direct   Growth
Principal Large Cap Fund Direct   Growth
Sundaram Focused Fund Direct Growth
Sundaram Multi Cap Fund Direct Growth
Sundaram Flexi Cap Fund Direct   Growth
Fund house & investment objective
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹67,442.81Cr
Date of Incorporation26 Feb 1996
    Principal Midcap Fund Direct   Growth is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund.     This scheme was made available to investors on 26 Feb 1996.     Ravi Gopalakrishnan is the Current Fund Manager of Principal Midcap Fund Direct   Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹67,443 Cr and     the Latest NAV as of 31 Dec 2021 is ₹18.61.  

    The Principal Midcap Fund Direct   Growth is rated Moderately High risk.     Minimum SIP Investment is set to ₹500.          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
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Website
www.sundarammutual.com
Sundaram 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   Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	3.1%	15.8%	47.8%	86.0%
Category average	NA	NA	35.0%	NA
Rank with in category	11	11	12	NA

Equity, Mid Cap funds	Rating	1Y	3Y	Fund Size(Cr)
Motilal Oswal Midcap Fund Direct Growth	5	64.4%	36.9%	18,604.02
HDFC Mid Cap Opportunities Direct Plan Growth	4	34.2%	28.8%	77,682.90
Nippon India Growth Fund Direct Growth	4	35.4%	27.4%	35,208.97
Kotak Emerging Equity Fund Direct Growth	4	41.5%	24.6%	52,626.72
Quant Mid Cap Fund Direct Growth	5	27.3%	24.5%	9,500.70

Name	Sector	Instrument	Assets
Polycab India Ltd.	Engineering	Equity	4.66%
The Federal Bank Ltd.	Financial	Equity	3.54%
Ashok Leyland Ltd.	Automobile	Equity	3.20%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durable	Equity	2.31%
Zee Entertainment Enterprises Ltd.	Services	Equity	2.26%
Solar Industries India Ltd.	Chemicals	Equity	2.15%
BEML Ltd	Engineering	Equity	2.14%
ICICI Bank Ltd.	Financial	Equity	2.12%
MindTree Ltd.	Technology	Equity	2.04%
State Bank of India	Financial	Equity	2.02%
Bank Of Baroda	Financial	Equity	2.01%
Persistent Systems Ltd.	Technology	Equity	1.90%
Cholamandalam Investment & Finance Company Ltd.	Financial	Equity	1.89%
Shriram Transport Finance Company Ltd.	Financial	Equity	1.88%
Coforge Ltd.	Technology	Equity	1.88%
Subros Ltd.	Automobile	Equity	1.79%
Canara Bank	Financial	Equity	1.77%
Ipca Laboratories Ltd.	Healthcare	Equity	1.76%
Gujarat State Petronet Ltd.	Energy	Equity	1.73%
Trent Ltd.	Services	Equity	1.67%
Tata Steel Ltd.	Metals	Equity	1.66%
Astral Ltd.	Chemicals	Equity	1.62%
Max Financial Services Ltd.	Financial	Equity	1.57%
Fortis Healthcare Ltd.	Healthcare	Equity	1.56%
Phoenix Mills Ltd.	Construction	Equity	1.56%
Indian Bank	Financial	Equity	1.56%
Tata Power Company Ltd.	Energy	Equity	1.53%
Voltas Ltd.	Consumer Durable	Equity	1.46%
ICRA Ltd.	Services	Equity	1.45%
Can Fin Homes Ltd.	Financial	Equity	1.41%
SRF Ltd.	Diversified	Equity	1.40%
Schaeffler India Ltd.	Engineering	Equity	1.40%
Kei Industries Ltd.	Engineering	Equity	1.36%
Zydus Wellness Ltd.	FMCG	Equity	1.36%
PI Industries Ltd.	Chemicals	Equity	1.34%
Indoco Remedies Ltd.	Healthcare	Equity	1.33%
Brigade Enterprises Ltd.	Construction	Equity	1.29%
Sona BLW Precision Forgings Ltd.	Automobile	Equity	1.29%
Honeywell Automation India Ltd.	Engineering	Equity	1.26%
Minda Industries Ltd.	Automobile	Equity	1.24%
Crisil Ltd.	Services	Equity	1.23%
Westlife Development Ltd.	Services	Equity	1.19%
Aarti Industries Ltd.	Chemicals	Equity	1.13%
ABB India Ltd.	Engineering	Equity	1.12%
Navin Fluorine International Ltd.	Chemicals	Equity	1.12%
Amber Enterprises India Ltd.	Consumer Durable	Equity	1.12%
UTI Asset Management Company Ltd.	Financial	Equity	1.04%
Metropolis Healthcare Ltd.	Healthcare	Equity	1.04%
Bharti Airtel Ltd. Partly Paid Equity	Communication	PPE	1.01%
VIP Industries Ltd.	Chemicals	Equity	0.99%
Atul Ltd.	Chemicals	Equity	0.98%
Tata Motors Ltd.	Automobile	Equity	0.95%
Bata India Ltd.	FMCG	Equity	0.95%
Laurus Labs Ltd.	Healthcare	Equity	0.93%
Bharat Forge Ltd.	Automobile	Equity	0.93%
Kansai Nerolac Paints Ltd.	Chemicals	Equity	0.92%
The Ramco Cements Ltd.	Construction	Equity	0.87%
Ceat Ltd.	Automobile	Equity	0.85%
Ajanta Pharma Ltd.	Healthcare	Equity	0.84%
PVR Ltd.	Services	Equity	0.83%
Syngene International Ltd.	Healthcare	Equity	0.80%
Emami Ltd.	FMCG	Equity	0.80%
AIA Engineering Ltd.	Metals	Equity	0.79%
Force Motors Ltd.	Automobile	Equity	0.77%
Relaxo Footwears Ltd.	FMCG	Equity	0.75%
TVS Motor Company Ltd.	Automobile	Equity	0.47%
Multi Commodity Exchange Of India Ltd.	Services	Equity	0.33%
FSN E-Commerce Ventures Ltd.	Services	Equity	0.32%
MRF Ltd.	Automobile	Equity	0.31%
Reserve Bank of India	Financial	T-Bills	0.02%

Rank (total assets)	#17 in India
Total AUM	₹67,442.81Cr

Date of Incorporation	26 Feb 1996

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Principal Midcap Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Peer Comparison

Holdings (70)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.71%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Ravi GopalakrishnanDec 2019 - PresentView details

Sudhir KediaDec 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Ravi Gopalakrishnan
Dec 2019 - Present
View details

Sudhir Kedia
Dec 2019 - Present
View details