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Unrated

Principal Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.55 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.44 Lakh

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.

Read more

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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 46.86 -0.05 1.37 -2.38 5.90 19.52 54.73 -- -- -- --
S&P BSE 150 MidCap TRI 48.34 -0.13 1.37 -1.86 4.21 15.26 52.54 -- -- -- --
Equity: Mid Cap 44.48 -0.18 1.37 -2.11 3.30 16.87 50.71 -- -- -- --
Rank within category 12 7 15 18 6 7 10 -- -- -- --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Midcap Fund - Direct Plan
Unrated
Dec-19 54.73 -- -- 0.71% 458
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.63 27.28 20.95 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 46.79 28.01 24.72 0.46% 15,988
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.44 25.19 19.99 1.04% 11,919
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 68.52 36.61 24.35 0.32% 3,388

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.37 29-Jan-2021 - 05-Feb-2021 -18.45 16-Mar-2020 - 23-Mar-2020
Month 16.64 23-Mar-2020 - 22-Apr-2020 -34.48 20-Feb-2020 - 23-Mar-2020
Quarter 31.15 23-Mar-2020 - 22-Jun-2020 -27.14 03-Jan-2020 - 03-Apr-2020
Year 98.58 23-Mar-2020 - 23-Mar-2021 19.75 30-Jan-2020 - 29-Jan-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 24.90 25.07 0.84 0.89 -- --
Equity: Mid Cap* 24.31 23.18 0.89 0.94 0.90 1.57
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 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Stocks (%) 27.61
Top 5 Stocks (%) 16.85
Top 3 Sectors (%) 45.29
Portfolio P/B Ratio 3.05
Portfolio P/E Ratio 25.64

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 28,952 29,713
Giant (%) 8.41 5.01
Large (%) 9.48 14.39
Mid (%) 68.35 75.05
Small (%) 13.77 6.86
Tiny (%) -- 0.20

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 Polycab India Engineering 43.12 4.87 0.00 4.49
equal The Federal Bank Financial 10.52 4.73 0.81 3.91
equal Ashok Leyland Automobile -- 3.75 0.00 3.75
equal Crompton Greaves Consumer Electricals Consumer Durable 41.11 2.73 0.00 2.36
equal ICICI Bank Financial 23.44 3.24 0.84 2.34
equal Bank of Baroda Financial 12.02 2.48 0.00 2.25
equal Shriram Transport Finance Company Financial 16.15 2.17 0.00 2.17
down State Bank of India Financial 14.74 3.36 0.54 2.16
down Solar Industries Chemicals 74.18 2.39 0.00 2.10
up MindTree Technology 53.22 2.46 0.00 2.08
equal Cholamandalam Investment & Finance Company Financial 29.16 2.63 0.00 2.08
equal Zee Entertainment Services 28.99 2.13 0.00 2.06
equal Tata Steel Metals 4.38 3.16 0.00 2.01
up Canara Bank Financial 8.33 1.87 0.00 1.87
up Indian Bank Financial 3.82 1.84 0.00 1.84
equal BEML Engineering 71.31 1.83 0.00 1.83
equal Subros Automobile 36.82 1.96 0.00 1.81
equal Persistent Systems Technology 57.99 1.93 0.00 1.77
equal Ipca Laboratories Healthcare 26.15 3.15 0.00 1.77
equal PI Industries Chemicals 55.38 2.67 0.50 1.67
equal Coforge Technology 61.56 2.12 0.00 1.66
down Gujarat State Petronet Energy 9.72 2.38 0.51 1.66
equal Trent Services 528.28 1.77 0.00 1.62
down Voltas Consumer Durable 69.60 2.37 0.27 1.60
down Max Financial Services Financial 111.89 3.02 1.00 1.60

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 31-Oct-2021

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.

Interviews:

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:


-0.05%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 18.4900

IDCW: ₹ 18.4900


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 (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
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: 37.53%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 458 Cr (As on 31-Oct-2021)
Expense: 0.71% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: 79.00%

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

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