|Min SIP Amount||Not Supported|
|NAV||₹11.67 (02 Dec 2020)|
|Fund Started||29 Dec 2019|
|Fund Size||₹266 Cr|
|Ipca Laboratories Ltd.||Healthcare||Equity||3.1%|
|Torrent Power Ltd.||Energy||Equity||3.0%|
|PI Industries Ltd.||Chemicals||Equity||2.7%|
|Federal Bank Ltd.||Financial||Equity||2.7%|
|Max Financial Services Ltd.||Financial||Equity||2.7%|
|Jubilant FoodWorks Ltd.||Services||Equity||2.5%|
|AIA Engineering Ltd.||Metals||Equity||2.3%|
|Bayer CropScience Ltd.||Healthcare||Equity||2.1%|
Principal Midcap Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 29 Dec 2019. Ravi Gopalakrishnan is the Current Fund Manager of Principal Midcap Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹266 Cr and the Latest NAV as of 02 Dec 2020 is ₹11.67.
The Principal Midcap Fund Regular Dividend is rated Moderately High risk. 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.