Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 25-11-2021)

18.87

3 YRS CAGR

(as on 25-11-2021)

-

CAGR since inception

(since 30-12-2019)

39.45%

AUM

(as on 2021-10-31)

457.96 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-11-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-11-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 25-11-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-10-31
As on 2021-10-31
% of NAV
Sector
14.37%
Banks
10.28%
Industrial Products
7.90%
Consumer Durables
6.81%
Finance
6.75%
Chemicals
5.68%
Auto Ancillaries
5.51%
Software
5.12%
Pharmaceuticals
4.74%
Auto
4.29%
Industrial Capital Goods
3.05%
Entertainment
2.98%
Healthcare Services
2.73%
Construction
2.68%
Capital Markets
2.61%
Consumer Non Durables
2.01%
Ferrous Metals
1.77%
Retailing
1.67%
Pesticides
1.66%
Gas
1.60%
Insurance
1.50%
Telecom - Services
1.48%
Power
1.23%
Leisure Services
0.96%
Cement & Cement Products
0.60%
Cash & Cash Equivalents
0.02%
Sovereign
As on 2021-10-31
% to NET Assets
Name
4.49%
Polycab India Ltd.
3.91%
The Federal Bank Ltd.
3.75%
Ashok Leyland Ltd.
2.36%
Crompton Greaves Consumer Electricals Ltd.
2.34%
ICICI Bank Ltd.
2.25%
Bank of Baroda
2.17%
Shriram Transport Finance Company Ltd.
2.16%
State Bank of India
2.10%
Solar Industries India Ltd.
2.08%
MindTree Ltd.
2.08%
Cholamandalam Investment & Finance Co. Ltd.
2.06%
Zee Entertainment Enterprises Ltd.
2.01%
Tata Steel Ltd.
1.87%
Canara Bank
1.84%
Indian Bank
1.83%
BEML Ltd.
1.81%
Subros Ltd.
1.77%
IPCA Laboratories Ltd.
1.77%
Persistent Systems Ltd.
1.67%
PI Industries Ltd.
1.66%
TREPS 01-Nov-2021
1.66%
Gujarat State Petronet Ltd.
1.66%
Coforge Ltd.
1.62%
Trent Ltd.
1.60%
Voltas Ltd.
1.60%
Max Financial Services Ltd.
1.58%
Astral Limited
1.57%
Indoco Remedies Ltd.
1.56%
The Phoenix Mills Ltd.
1.48%
Tata Power Company Ltd.
1.47%
Can Fin Homes Ltd.
1.45%
SRF Ltd.
1.37%
ICRA Ltd.
1.34%
Fortis Healthcare Ltd.
1.33%
Honeywell Automation India Ltd.
1.31%
Schaeffler India Ltd.
1.23%
Westlife Development Ltd.
1.20%
Amber Enterprises India Ltd.
1.17%
Brigade Enterprises Ltd.
1.14%
Aarti Industries Ltd.
1.13%
ABB India Ltd.
1.11%
KEI Industries Ltd.
1.10%
Sona Blw Precision Forgings Ltd.
1.09%
CRISIL Ltd.
1.08%
Atul Ltd.
1.05%
Minda Industries Ltd.
1.01%
Bharat Forge Ltd.
0.99%
PVR Ltd.
0.99%
Bata India Ltd.
0.99%
Tata Motors Ltd.
0.99%
Zydus Wellness Ltd.
0.98%
Navin Fluorine International Ltd.
0.97%
UTI Asset Management Co Ltd
0.96%
The Ramco Cements Ltd.
0.95%
VIP Industries Ltd.
0.93%
Laurus Labs Ltd.
0.92%
Metropolis Healthcare Ltd.
0.89%
CEAT Ltd.
0.85%
Ajanta Pharma Ltd.
0.83%
Kansai Nerolac Paints Ltd.
0.83%
MRF Ltd.
0.80%
Relaxo Footwears Ltd.
0.79%
Emami Ltd.
0.78%
Bharti Airtel Ltd.
0.78%
AIA Engineering Ltd.
0.72%
Bharti Airtel Ltd.-Partly paid Right & Awaiting Listing on Stock Exchanges
0.72%
Syngene International Ltd.
0.34%
Multi Commodity Exchange of India Ltd.
0.15%
FSN E-COMMERCE VENTURES Ltd.
0.02%
91 DAY T-BILL 06-Jan-2022

Benchmark

NIFTYM100TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long Term

Age

1 Yrs 332 Days

Performance

Suitable for

1. Long term Capital Growth.
2. Investment in equity and equity related instruments of midcap companies.

Investment Objective

To generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

WHY INVEST IN Principal Midcap Fund?

• Robust stock selection process based on 6 pillars investment framework.
• Key focus on investing in businesses that are expected to undergo:
   Business Turnaround/Restructuring
   New Age Economy
   Value Migration &
   Value Unlocking

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

The Scheme will have two Plans i.e. Regular Plan & Direct Plan which offer Growth and Dividend Option.
The Dividend Option under both the Plans will have the facility of Payout, Reinvestment and Sweep.

OTHER DETAILS

Exit Load:

• If redeemed/switched on or before 365 days from the date of allotment :
- Nil for redemption/switch out of units upto 24% of the units allotted(the limit).
- 1% on redemption in excess of 24% of the limit stated above.
Redemption of units would be done on First in First out Basis (FIFO)
• Nil thereafter

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 500*
STP - Rs 1000*
RWP - Rs 500*
*12 installments each

Cut Off Time

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

fund managers

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
funds managed
Sudhir Kedia

Sudhir Kedia(Associate Fund manager)

Mr. Sudhir Kedia has over 13 years of experience in research and asset...
funds managed