VR Logo

1 star

Principal Nifty 100 Equal Weight Fund


Equity: Large Cap

1 Lakh

Investment declined to
₹ 0.97 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.

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 -10.14 0.33 1.57 4.45 18.69 -10.40 -6.37 -0.94 2.55 7.06 5.91
S&P BSE 100 TRI -10.20 0.99 2.50 7.49 18.60 -10.63 -5.36 4.18 6.62 10.79 8.55
Equity: Large Cap -9.99 0.78 2.16 6.45 16.42 -10.36 -5.10 3.72 5.71 10.44 8.14
Rank within category 44 91 91 94 23 37 84 84 67 62 46
Number of funds in category 111 114 114 114 112 111 107 87 68 62 48

As on 09-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
1 star
Jul-99 -6.37 -0.94 2.55 0.96 16
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -6.32 3.03 6.30 1.73 21,766
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 -4.96 4.13 8.22 1.72 15,175
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 1.47 9.51 8.88 1.79 14,522
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 -5.75 4.74 6.28 0.17 2,147

Best & Worst Performance

Best (Period) Worst (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 0.97 21.75 -0.20 -0.23 1.02 -4.38
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.80 20.27 -0.02 -0.03 0.95 -0.55
Rank within category 84 82 81 82 83 84
Number of funds in category 86 86 86 86 86 86

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

As on 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

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 2,25,594
Giant (%) 26.82 76.93
Large (%) 45.94 16.86
Mid (%) 27.24 6.43
Small (%) -- 1.97
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
down Adani Transmission Engineering 36.24 1.25 0.00 1.15
down Piramal Enterprises Healthcare -- 1.16 0.00 1.14
down Oracle Fin Ser Software Technology 16.41 1.16 0.00 1.08
up Page Industries Textiles 64.95 1.11 0.00 1.08
up Bandhan Bank Financial 20.30 1.17 0.00 1.07
down Hindustan Zinc Metals 11.97 1.19 0.00 1.07
up ICICI Prudential Life Insurance Co. Ltd. Financial 58.38 1.24 0.00 1.06
down Hero Motocorp Automobile 14.79 1.38 0.80 1.05
up Shree Cement Construction 53.56 1.22 0.00 1.05
up Nestle India FMCG 79.53 1.21 0.00 1.05
down ITC FMCG 15.70 6.39 0.88 1.03
down Marico FMCG 43.38 1.27 0.00 1.03
down Godrej Consumer Products FMCG 47.36 1.17 0.00 1.03
up Eicher Motors Automobile 29.11 1.21 0.81 1.03
up Dabur India FMCG 57.88 1.23 0.00 1.03
down Bajaj Auto Automobile 16.00 1.14 0.90 1.03
up Kotak Mahindra Bank Financial 31.51 3.82 0.79 1.02
up Shriram Transport Finance Financial 7.26 1.15 0.00 1.02
down Infosys Technology 20.06 5.79 0.80 1.02
up Bajaj Finance Financial 38.12 1.34 0.00 1.02
up Larsen & Toubro Construction 13.89 4.13 0.84 1.02
down Britannia Inds. FMCG 63.05 1.27 0.00 1.02
down ACC Construction 18.35 1.19 0.00 1.02
up HDFC Bank Financial 22.68 9.85 0.90 1.01
up Bosch Automobile 60.89 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:


0.33%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 65.0656

Dividend: ₹ 38.2402


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: 27-Jul-1999
Return Since Launch: 9.34%
Benchmark: NIFTY 100 Equal Weighted TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 16 Cr (As on 30-Jun-2020)
Expense: 0.96% (As on 31-May-2020)
Risk Grade: High
Return Grade: Low
Turnover: 34.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-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

VR Helpline

Investing rationally when markets are irrational.

dateSaturday, 11-Jul-2020
time04:00 PM - 04:30 PM