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1 star

Principal Nifty 100 Equal Weight Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.39 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -10.33 0.42 -0.28 5.13 18.21 -11.48 -6.70 -1.51 2.57 7.07 --
S&P BSE 100 TRI -10.27 0.33 0.46 8.11 19.98 -11.55 -5.47 3.38 6.28 10.40 --
Equity: Large Cap -10.13 0.24 0.27 7.06 17.20 -11.37 -4.88 2.75 5.90 10.90 --
Rank within category 35 7 61 58 25 31 51 50 48 49 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 13-Jul-2020

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 -6.70 -1.51 2.57 0.72 16
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -5.65 3.03 6.90 1.10 22,875
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -4.05 4.40 8.81 0.62 16,381
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.72 10.25 9.80 0.44 14,522
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.72 3.56 6.66 1.14 1,502

Best & Worst Performance

Best (Period) Worst (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 52.28 (03-Sep-2013 - 03-Sep-2014) -35.93 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.29 21.75 -0.18 -0.22 1.02 -4.05
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 51 49 51 51 50 51
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 101
Top 10 Stocks (%) 10.80
Top 5 Stocks (%) 5.52
Top 3 Sectors (%) 44.35
Portfolio P/B Ratio 2.60
Portfolio P/E Ratio 27.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 62,980 1,92,152
Giant (%) 26.82 66.84
Large (%) 45.94 23.00
Mid (%) 27.24 9.85
Small (%) -- 3.12
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 Adani Transmission Engineering 36.86 1.25 0.00 1.15
down Piramal Enterprises Healthcare -- 1.16 0.00 1.14
down Oracle Fin Ser Software Technology 16.55 1.16 0.00 1.08
up Page Industries Textiles 64.71 1.11 0.00 1.08
up Bandhan Bank Financial 19.70 1.17 0.00 1.07
down Hindustan Zinc Metals 12.12 1.19 0.00 1.07
up ICICI Prudential Life Insurance Co. Ltd. Financial 57.02 1.24 0.00 1.06
down Hero Motocorp Automobile 14.76 1.38 0.80 1.05
up Shree Cement Construction 52.41 1.22 0.00 1.05
up Nestle India FMCG 80.52 1.21 0.00 1.05
down ITC FMCG 15.86 6.39 0.88 1.03
down Marico FMCG 43.89 1.27 0.00 1.03
down Godrej Consumer Products FMCG 47.50 1.17 0.00 1.03
up Eicher Motors Automobile 29.36 1.21 0.81 1.03
up Dabur India FMCG 59.25 1.23 0.00 1.03
down Bajaj Auto Automobile 16.10 1.14 0.90 1.03
up Kotak Mahindra Bank Financial 30.75 3.82 0.79 1.02
up Shriram Transport Finance Financial 6.94 1.15 0.00 1.02
down Infosys Technology 20.45 5.79 0.80 1.02
up Bajaj Finance Financial 37.01 1.34 0.00 1.02
up Larsen & Toubro Construction 13.65 4.13 0.84 1.02
down Britannia Inds. FMCG 65.13 1.27 0.00 1.02
down ACC Construction 18.66 1.19 0.00 1.02
up HDFC Bank Financial 21.76 9.85 0.90 1.01
up Bosch Automobile 62.89 1.15 0.00 1.01

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-Jun-2020

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:


0.42%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 66.9104

Dividend: ₹ 39.3222


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 (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 6.76%
Benchmark: NIFTY 100 Equal Weighted TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 16 Cr (As on 30-Jun-2020)
Expense: 0.72% (As on 30-Jun-2020)
Risk Grade: High
Return Grade: Low
Turnover: 44.00%

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM