VR Logo

2 star

Principal Nifty 100 Equal Weight Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.22 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 31.23 -0.47 0.65 -3.09 -0.77 8.23 36.44 15.99 14.15 9.16 12.09
S&P BSE 100 TRI 25.80 -1.02 0.93 -3.13 -0.08 10.63 33.72 17.75 17.54 12.14 14.84
Equity: Large Cap 25.39 -0.88 0.83 -3.07 -0.41 10.39 32.83 16.84 16.46 11.14 14.03
Rank within category 12 23 98 38 101 113 18 77 71 61 54
Number of funds in category 117 132 132 131 127 122 116 96 81 64 56

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 Nifty 100 Equal Weight Fund
2 star
Jul-99 36.44 15.99 14.15 0.96% 18
Axis Bluechip Fund
5 star
Jan-10 28.57 19.61 20.01 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 34.98 16.91 15.99 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 33.07 17.30 17.49 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 35.87 18.76 16.85 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 24.06 27-Oct-2008 - 04-Nov-2008 -21.49 10-May-2004 - 17-May-2004
Month 30.69 11-May-2009 - 10-Jun-2009 -37.79 24-Sep-2008 - 24-Oct-2008
Quarter 79.04 09-Mar-2009 - 10-Jun-2009 -41.84 28-Jul-2008 - 27-Oct-2008
Year 99.01 24-Apr-2003 - 23-Apr-2004 -56.50 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.03 22.08 0.60 0.68 1.00 -1.48
S&P BSE 100 TRI 18.50 21.49 0.68 0.81 -- --
Equity: Large Cap 16.97 21.61 0.65 0.77 0.95 -0.83
Rank within category 73 87 85 85 59 86
Number of funds in category 98 98 98 98 98 98

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

As on 30-Nov-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 100
Top 10 Stocks (%) 12.07
Top 5 Stocks (%) 6.49
Top 3 Sectors (%) 40.99
Portfolio P/B Ratio 3.72
Portfolio P/E Ratio 27.56

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,13,353 2,96,890
Giant (%) 33.24 66.84
Large (%) 51.58 25.43
Mid (%) 15.18 10.09
Small (%) -- 1.89
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Havells India Engineering 72.60 1.49 0.82 1.49
down Tata Motors Automobile -- 1.67 0.61 1.45
down Bank of Baroda Financial 12.02 1.28 0.00 1.24
down Jindal Steel & Power Metals 5.35 1.16 0.00 1.16
down United Spirits FMCG 77.06 1.32 0.86 1.15
down Titan Company Consumer Durable 120.35 1.23 0.78 1.13
down State Bank of India Financial 14.74 1.33 0.72 1.12
down Adani Transmission Energy 155.47 1.60 0.00 1.11
down L&T Infotech Technology 56.77 1.18 0.00 1.11
down Hindustan Petroleum Corporation Energy 4.54 1.18 0.81 1.11
down ICICI Bank Financial 23.44 1.20 0.74 1.09
down Punjab National Bank Financial 11.39 1.18 0.00 1.09
down Mahindra & Mahindra Automobile 25.19 1.08 0.75 1.08
down Cholamandalam Investment & Finance Company Financial 29.16 1.07 0.00 1.07
down Bosch Automobile 37.39 1.20 0.81 1.07
down Indian Oil Corporation Energy 4.47 1.07 0.85 1.07
down Oil & Natural Gas Corporation Energy 5.08 1.28 0.76 1.06
down Avenue Supermarts Services 226.32 1.45 0.84 1.05
down Vedanta Metals 6.75 1.13 0.00 1.05
down SAIL Metals 3.26 1.06 0.00 1.05
down Power Grid Corporation Energy 8.92 1.12 0.91 1.05
down Siemens Engineering 71.72 1.26 0.89 1.04
down Grasim Industries Construction 18.36 1.22 0.81 1.04
down Sun Pharmaceutical Industries Healthcare 29.00 1.29 0.81 1.04
down NTPC Energy 9.21 1.11 0.88 1.04

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

— 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:


-0.47%

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

Growth: ₹ 108.4491

IDCW: ₹ 63.7375


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: 27-Jul-1999
Return Since Launch: 11.24%
Benchmark: NIFTY 100 Equal Weighted TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 18 Cr (As on 31-Oct-2021)
Expense: 0.96% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Below Average
Turnover: 45.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-Dec-20083.7500

 11-Mar-20043.3000

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

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot