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2 star

Principal Nifty 100 Equal Weight Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.53 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.51 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 35.75 1.18 0.32 9.66 12.14 23.54 70.36 15.25 12.92 10.66 12.87
S&P BSE 100 TRI 29.69 1.51 1.02 8.60 13.88 21.54 63.08 18.08 16.28 13.68 15.43
Equity: Large Cap 29.34 1.39 0.78 8.53 13.68 21.82 61.70 17.13 15.26 12.80 14.68
Rank within category 9 101 106 21 114 30 9 82 73 61 52
Number of funds in category 119 130 129 129 125 122 116 95 80 63 55

As on 23-Sep-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 70.36 15.25 12.92 0.96 29
Axis Bluechip Fund
5 star
Jan-10 57.75 20.74 18.18 1.58 32,213
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 61.84 16.17 14.81 1.71 30,089
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 58.22 17.99 16.59 1.60 29,425
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 63.53 18.53 15.26 1.96 9,293

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 13.44 23.08 0.41 0.46 1.01 -2.83
S&P BSE 100 TRI 16.13 22.19 0.54 0.64 -- --
Equity: Large Cap 15.23 21.64 0.53 0.63 0.95 -0.34
Rank within category 81 89 82 84 89 86
Number of funds in category 96 96 96 96 96 96

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 100
Top 10 Stocks (%) 12.18
Top 5 Stocks (%) 6.30
Top 3 Sectors (%) 41.89
Portfolio P/B Ratio 3.85
Portfolio P/E Ratio 28.79

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,13,462 2,91,312
Giant (%) 33.05 66.13
Large (%) 53.53 26.48
Mid (%) 13.43 9.73
Small (%) -- 2.39
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
up Apollo Hospitals Healthcare 487.03 1.35 0.00 1.35
up Bajaj Finserv Financial 72.09 1.34 0.56 1.29
up Tech Mahindra Technology 30.67 1.24 0.77 1.24
up Adani Transmission Energy 140.28 1.60 0.00 1.22
up Jubilant FoodWorks Services 146.97 1.20 0.00 1.20
up Havells India Engineering 73.93 1.19 0.82 1.19
up Godrej Consumer Products FMCG 62.15 1.18 0.85 1.18
up L&T Infotech Technology 52.44 1.18 0.00 1.18
up Info Edge (India) Services 60.04 1.17 0.00 1.17
up Hindalco Inds. Metals 15.55 1.31 0.79 1.16
up Bajaj Finance Financial 106.88 1.29 0.49 1.16
up Tata Steel Metals 7.63 1.40 0.74 1.16
up Bharti Airtel Communication 351.98 1.34 0.82 1.16
up Alkem Laboratories Healthcare 29.06 1.15 0.00 1.15
up Gland Pharma Healthcare 64.41 1.21 0.00 1.14
up Divi's Laboratories Healthcare 67.53 1.27 0.00 1.14
up Ambuja Cements Construction 26.22 1.19 0.89 1.13
up HCL Technologies Technology 31.56 1.14 0.87 1.11
up Bajaj Holdings & Inv Financial 14.70 1.11 0.00 1.11
up Avenue Supermarts Services 247.42 1.45 0.84 1.11
up SBI Life Insurance Company Insurance 94.57 1.28 0.87 1.11
up SBI Cards & Payments Services Financial 110.43 1.17 0.00 1.10
up ACC Construction 22.44 1.18 0.88 1.10
up Sun Pharmaceutical Industries Healthcare 30.76 1.29 0.81 1.10
up Abbott India Healthcare 64.97 1.13 0.00 1.10

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-Aug-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:


1.18%

Change from previous, NAV as on 23-Sep-2021

Growth: ₹ 112.1897

IDCW: ₹ 65.9359


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: 11.52%
Benchmark: NIFTY 100 Equal Weighted TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 29 Cr (As on 31-Aug-2021)
Expense: 0.96% (As on 31-Aug-2021)
Risk Grade: High
Return Grade: Below Average
Turnover: 33.00%

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

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