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Principal Multi Cap Growth Fund


1 Lakh

Investment Grown to
₹ 1.32 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.81 Lakh

Analyst's Choice?

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 multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

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 multi 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.

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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 0.81 -0.30 0.07 0.39 5.50 6.93 9.18 9.73 8.08 13.91 11.79
S&P BSE 500 TRI 0.90 -0.46 -0.33 0.52 5.10 8.99 13.58 11.63 7.98 12.29 10.82
Equity: Multi Cap 1.62 -0.36 0.27 1.30 5.57 10.11 15.65 10.40 7.46 12.99 11.74
Rank within category 46 22 35 46 32 43 43 22 16 12 15
Number of funds in category 59 59 59 59 58 55 49 40 36 32 28

As on 28-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 17.86 (27-Oct-2008 - 04-Nov-2008) -19.78 (15-Jan-2008 - 22-Jan-2008)
Month 27.82 (11-May-2009 - 10-Jun-2009) -35.46 (24-Sep-2008 - 24-Oct-2008)
Quarter 67.64 (09-Mar-2009 - 10-Jun-2009) -45.31 (02-Sep-2008 - 02-Dec-2008)
Year 122.77 (24-Apr-2003 - 23-Apr-2004) -65.80 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.57 14.51 0.47 0.74 1.06 -1.74
S&P BSE 500 TRI 13.80 13.09 0.62 0.92 -- --
Equity: Multi Cap 12.39 13.39 0.50 0.73 0.95 -1.00
Rank within category 20 33 23 16 36 25
Number of funds in category 42 42 42 42 42 42

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 48.66
Top 5 Stocks (%) 32.24
Top 3 Sectors (%) 60.09
Portfolio P/B Ratio 3.67
Portfolio P/E Ratio 28.06

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,39,494 1,06,667
Giant (%) 62.71 54.39
Large (%) 13.48 14.74
Mid (%) 20.08 23.70
Small (%) 3.74 8.67
Tiny (%) -- 0.21

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 HDFC Bank Financial 25.86 8.72 4.05 8.72
equal ICICI Bank Financial 36.18 7.98 3.02 7.98
equal Reliance Industries Energy 21.52 7.36 2.62 7.28
equal Infosys Technology 20.54 4.29 1.21 4.29
equal Tata Consultancy Services Technology 25.06 3.98 0.73 3.97
equal Kotak Mahindra Bank Financial 35.86 3.80 1.29 3.80
equal Larsen & Toubro Construction 19.63 4.05 2.18 3.60
equal ITC FMCG 21.02 4.18 1.54 3.50
equal HDFC Financial 19.29 2.99 1.80 2.88
down State Bank of India Financial 28.08 4.75 1.96 2.64
down Bharti Airtel Communication -- 2.65 0.00 2.56
equal GSK Consumer Healthcare FMCG 34.33 2.62 0.00 2.50
equal Maruti Suzuki India Automobile 34.41 2.52 0.00 2.40
equal Max Financial Services Financial 78.99 2.25 0.00 2.25
equal Axis Bank Financial 43.63 2.18 0.00 2.16
equal Indusind Bank Financial 19.49 2.01 0.00 1.96
equal Dabur India FMCG 57.77 2.64 1.72 1.88
equal City Union Bank Financial 23.76 1.79 0.84 1.79
equal Ultratech Cement Construction 37.62 1.83 0.78 1.76
equal Abbott India Healthcare 51.10 1.63 0.81 1.63
equal Aditya Birla Fashion and Retail Services 58.88 1.63 0.00 1.63
equal Divi's Laboratories Healthcare 40.79 1.62 0.00 1.62
equal Equitas Holdings Financial 445.49 1.62 0.00 1.62
equal SRF Diversified 25.61 1.77 0.00 1.60
up HCL Technologies Technology 15.84 2.29 0.76 1.55

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-Dec-2019

Fund Manager

— Ravi Gopalakrishnan since 29-Jul-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:


-0.30%

Change from previous, NAV as on 28-Jan-2020

Growth: ₹ 145.1000

Dividend Half Yearly: ₹ 35.8800


Investment Strategy

The fund seeks to achieve long-term capital appreciation through investment primarily in equities. With professional management and diversification provided the AMC, the risk will be considerably lower.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 25-Oct-2000
Return Since Launch: 14.89%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 732 Cr (As on 31-Dec-2019)
Expense: 2.48% (As on 31-Dec-2019)
Risk Grade: Above Average
Return Grade: Average
Turnover: 49.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly15-Dec-20174.9600

 16-Jun-201710.8300
 23-Dec-20162.7100
 24-Dec-20150.8500
 29-Dec-20144.8800
 31-Dec-20072.5000
 20-Mar-20062.5000
 16-Jan-20051.5000
 27-Oct-20041.5000
 26-Dec-20033.0000
 26-Sep-20032.0000

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: www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

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dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM