Principal Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was introduced to investors on 13 May 2019. P V K Mohan is the Current Fund Manager of Principal Small Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹147 Cr and the Latest NAV as of 23 Oct 2019 is ₹9.96.
The Principal Small Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year..
Investment Objective
The scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.
Tax Implications
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹5000
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
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