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1 star

Principal Nifty 100 Equal Weight Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.72 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.72 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 40.52 0.77 2.87 5.02 14.63 29.29 69.56 19.87 14.70 11.92 --
S&P BSE 100 TRI* 33.71 0.92 3.21 5.59 15.83 28.03 57.40 21.87 17.54 14.48 --
Equity: Large Cap* 33.57 0.93 3.02 5.20 15.21 28.22 57.40 21.17 16.39 14.34 --
Rank within category* 6 71 53 50 62 21 6 47 41 48 --
Number of funds in category* 71 84 83 81 79 75 69 57 50 49 0

As on 14-Oct-2021

* As on 17-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Nifty 100 Equal Weight Fund - Direct Plan
1 star
Jan-13 69.56 19.87 14.70 0.65 29
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 53.68 25.62 20.76 0.46 33,154
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 59.54 20.82 17.04 1.09 30,724
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 56.16 23.01 18.70 0.54 30,456
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 58.89 23.24 17.14 1.02 9,536

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.78 01-Apr-2020 - 09-Apr-2020 -17.04 11-Mar-2020 - 18-Mar-2020
Month 21.48 23-Mar-2020 - 22-Apr-2020 -36.32 20-Feb-2020 - 23-Mar-2020
Quarter 40.07 24-Mar-2020 - 23-Jun-2020 -36.88 23-Dec-2019 - 23-Mar-2020
Year 99.13 23-Mar-2020 - 23-Mar-2021 -35.93 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.06 22.11 0.64 0.71 1.00 -1.42
S&P BSE 100 TRI 19.55 21.62 0.72 0.85 -- --
Equity: Large Cap 19.04 21.06 0.73 0.84 0.95 0.21
Rank within category 49 51 51 51 39 51
Number of funds in category 58 58 58 58 58 58

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 100
Top 10 Stocks (%) 10.74
Top 5 Stocks (%) 5.47
Top 3 Sectors (%) 41.15
Portfolio P/B Ratio 3.86
Portfolio P/E Ratio 29.10

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,13,345 2,96,665
Giant (%) 32.88 66.24
Large (%) 49.69 25.73
Mid (%) 17.43 10.33
Small (%) -- 2.10
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down NTPC Energy 10.88 1.11 0.88 1.11
down Coal India Energy 8.21 1.11 0.78 1.11
new Jindal Steel & Power Metals 13.04 1.09 0.00 1.09
up Power Grid Corporation Energy 9.20 1.12 0.91 1.08
up Hindustan Petroleum Corporation Energy 4.51 1.18 0.81 1.08
down Sun Pharmaceutical Industries Healthcare 33.64 1.29 0.81 1.07
up Indian Oil Corporation Energy 4.96 1.06 0.85 1.06
new Bank of Baroda Financial 13.44 1.28 0.00 1.05
up Punjab National Bank Financial 14.68 1.18 0.00 1.05
down United Spirits FMCG 95.14 1.32 0.86 1.04
new SAIL Metals 5.53 1.06 0.00 1.04
down Oil & Natural Gas Corporation Energy 8.94 1.28 0.76 1.03
up Cipla Healthcare 28.93 1.58 0.79 1.03
up JSW Steel Metals 11.65 1.56 0.78 1.03
down Titan Company Consumer Durable 177.22 1.23 0.78 1.03
up P&G Hygiene & Health Care FMCG 68.66 1.19 0.89 1.03
up GAIL Energy 9.33 1.14 0.88 1.03
up NMDC Metals 5.03 1.29 0.80 1.03
up Bharat Petroleum Corporation Energy 5.86 1.27 0.77 1.03
up State Bank of India Financial 17.50 1.33 0.72 1.02
up Indraprastha Gas Energy 25.23 1.07 0.00 1.02
up Siemens Engineering 73.42 1.26 0.89 1.02
up Biocon Healthcare 61.82 1.24 0.74 1.02
up Dr. Reddy's Lab Healthcare 47.50 1.37 0.77 1.02
up ICICI Lombard General Insurance Company Insurance 60.79 1.17 0.87 1.02

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Rajat Jain since 21-Aug-2015

Education: Mr. Jain is a B.E (Mechanical) and PGDM (Management) from IIM Lucknow.

Experience: Prior to joining Principal Mutual Fund he has worked with this he was with SBI Mutual Fund.

Funds Managed:


0.77%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 119.9623

IDCW: ₹ 70.5000


Investment Strategy

The scheme seeks to invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 13.03%
Benchmark: NIFTY 100 Equal Weighted TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 29 Cr (As on 30-Sep-2021)
Expense: 0.65% (As on 30-Sep-2021)
Risk Grade: High
Return Grade: Below Average
Turnover: 39.00%

Contact Information

AMC: Principal Asset Management Pvt. Ltd.

Address: Exchange Plaza - 2rd Floor - NSE Building, "B" Wing-Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-67720555 / 1800-425-5600

Fax: 022-67720512

Email: [email protected]

Website: http://www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over