|Min SIP Amount||₹500|
|NAV||₹15.38 (24 Jun 2021)|
|Fund Started||29 Dec 2019|
|Fund Size||₹383 Cr|
|Federal Bank Ltd.||Financial||Equity||4.5%|
|Polycab India Ltd.||Engineering||Equity||4.0%|
|State Bank of India||Financial||Equity||3.3%|
|ICICI Bank Ltd.||Financial||Equity||3.2%|
|Tata Steel Ltd.||Metals||Equity||3.2%|
|Max Financial Services Ltd.||Financial||Equity||2.9%|
|Bank Of Baroda||Financial||Equity||2.4%|
|Crompton Greaves Consumer Electricals Ltd.||Cons Durable||Equity||2.4%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||2.3%|
|Ashok Leyland Ltd.||Automobile||Equity||2.1%|
Principal Midcap Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹383 Cr and the Latest NAV as of 24 Jun 2021 is ₹15.38.
The Principal Midcap Fund Regular 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.