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Unrated

Principal Midcap Fund - Regular Plan


Equity: Mid Cap

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

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 mid-cap fund, if you need to redeem your investment in less than seven 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 -2.59 0.93 2.85 3.61 19.17 -8.10 -- -- -- -- --
S&P BSE 150 MidCap TRI -2.65 1.04 3.01 3.60 22.21 -9.03 -- -- -- -- --
Equity: Mid Cap -2.48 1.05 3.27 4.98 20.52 -8.69 -- -- -- -- --
Rank within category 13 20 18 22 18 10 -- -- -- -- --
Number of funds in category 28 30 30 30 30 29 26 22 20 18 16

As on 06-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Midcap Fund - Regular Plan
Unrated
Dec-19 -- -- -- 2.40 234
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
Nov-06 13.35 3.13 8.02 1.93 6,962
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 7.45 1.39 6.71 1.93 6,449
L&T Midcap Fund  | Invest Online
4 star
Aug-04 5.59 -1.77 6.32 1.95 5,699
Axis Midcap Fund  | Invest Online
5 star
Feb-11 15.88 9.92 7.64 2.05 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.79 (01-Apr-2020 - 09-Apr-2020) -18.53 (16-Mar-2020 - 23-Mar-2020)
Month 16.60 (23-Mar-2020 - 22-Apr-2020) -34.67 (20-Feb-2020 - 23-Mar-2020)
Quarter 30.62 (23-Mar-2020 - 22-Jun-2020) -27.46 (03-Jan-2020 - 03-Apr-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 2.66 25.61 -0.10 -0.11 -- --
Equity: Mid Cap* 1.90 23.39 -0.14 -0.14 0.89 -1.04
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 68
Top 10 Stocks (%) 27.64
Top 5 Stocks (%) 15.98
Top 3 Sectors (%) 39.46
Portfolio P/B Ratio 2.40
Portfolio P/E Ratio 25.70

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 23,150 18,097
Giant (%) 13.20 8.21
Large (%) 9.57 9.62
Mid (%) 66.71 74.80
Small (%) 10.52 11.00
Tiny (%) -- 0.43

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
equal Wabco India Automobile 83.63 3.97 0.00 3.66
down Tata Consumer Products FMCG 93.78 4.16 0.52 3.57
down Bayer CropScience Healthcare 58.14 3.38 0.00 3.17
equal Abbott India Healthcare 58.02 3.59 0.00 3.00
equal Page Industries Textiles 61.81 2.64 0.29 2.58
equal Max Financial Services Financial 59.65 2.52 1.00 2.52
equal Jubilant FoodWorks Services 88.19 2.58 0.29 2.50
equal Coromandel International Chemicals 18.48 2.24 0.51 2.24
equal Whirlpool Cons Durable 84.50 2.37 0.56 2.22
equal Atul Chemicals 23.98 2.46 0.00 2.18
up Bharti Airtel Communication -- 2.01 0.00 2.01
new Reliance Industries Ltd - Partly Paid Equity Energy -- 2.00
equal Honeywell Automation Engineering 55.78 2.01 0.00 1.99
equal AIA Engineering Metals 26.62 2.20 0.00 1.97
new MindTree Technology 25.25 1.94 0.00 1.94
equal PI Industries Chemicals 59.04 2.18 0.50 1.94
equal Natco Pharma Healthcare 30.88 1.85 0.00 1.85
equal ICICI Bank Financial 22.79 2.12 0.84 1.85
equal Kajaria Ceramics Construction 25.37 2.44 0.52 1.79
equal MRF Automobile 18.69 1.79 0.56 1.79
equal Balkrishna Industries Automobile 27.19 2.09 0.28 1.76
equal Can Fin Homes Financial 13.20 1.67 0.00 1.66
equal SKF India Engineering 34.21 1.62 0.00 1.62
down Bajaj Finserv Financial 27.53 1.68 0.00 1.57
equal Voltas Cons Durable 37.99 2.37 0.27 1.51

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

— Ravi Gopalakrishnan since 06-Dec-2019

Education: Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.

Experience: Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.

Funds Managed:

— Sudhir Kedia since 06-Dec-2019

Education: Mr. Kedia is CA, CMA and MBA.

Experience: Prior to joining Principal Mutual Fund, he has worked with Mirae Asset Mutual Fund and ASK investment.

Funds Managed:


0.93%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 9.7600

Dividend: ₹ 9.7600


Investment Strategy

The Scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies.

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 (₹) --
Exit Load For units in excess of 24% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 30-Dec-2019
Return Since Launch: -2.40%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 234 Cr (As on 30-Jun-2020)
Expense: 2.40% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: --

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

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