Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 22-05-2020)

8.19

AUM

(as on 30-Apr-2020)

220.82 Cr

Why Midcap Fund?^

Mid Cap Fund for Capital Appreciation
Midcaps are better multipliers in the long term, despite short term volatility.
With longer time spent in Midcaps, chances of Outscoring large caps are better.
Right stock selection in Midcap stocks is the key to wealth creation.
As on 30-Apr-2020
As on 30-Apr-2020
% of NAV
Sector
10.14%
Pharmaceuticals
9.31%
Finance
8.53%
Auto Ancillaries
7.45%
Consumer Non Durables
7.19%
Industrial Products
7.16%
Consumer Durables
6.93%
Banks
5.09%
Pesticides
4.45%
Auto
3.88%
Software
3.83%
Petroleum Products
3.23%
Cement
2.50%
Textile Products
2.46%
Chemicals
2.38%
Gas
2.01%
Industrial Capital Goods
1.88%
Retailing
1.87%
Fertilisers
1.81%
Construction
1.37%
Construction Project
1.31%
Ferrous Metals
0.90%
Power
0.85%
Non - Ferrous Metals
0.82%
Engineering Services
0.54%
Transportation
0.38%
Textiles - Cotton
As on 30-Apr-2020
% to NET Assets
Name
3.92%
Tata Consumer Products Ltd.
3.59%
Abbott India Ltd.
3.52%
WABCO India Ltd.
2.91%
Bayer Cropscience Ltd.
2.64%
TREPS 04-May-2020
2.50%
Page Industries Ltd.
2.46%
Atul Ltd.
2.46%
Jubilant Foodworks Ltd.
2.33%
Whirlpool of India Ltd.
2.31%
Max Financial Services Ltd.
2.18%
PI Industries Ltd.
2.12%
ICICI Bank Ltd.
2.09%
AIA Engineering Ltd.
2.06%
Info Edge (India) Ltd.
2.01%
Honeywell Automation India Ltd.
2.00%
Voltas Ltd.
1.87%
Coromandel International Ltd.
1.85%
Balkrishna Industries Ltd.
1.82%
Infosys Ltd.
1.81%
Kajaria Ceramics Ltd.
1.80%
Relaxo Footwears Ltd.
1.71%
MRF Ltd.
1.67%
Can Fin Homes Ltd.
1.64%
Natco Pharma Ltd.
1.58%
Escorts Ltd.
1.57%
Castrol India Ltd.
1.53%
SKF India Ltd.
1.50%
IPCA Laboratories Ltd.
1.44%
Alkem Laboratories Ltd.
1.38%
The Ramco Cements Ltd.
1.37%
Larsen & Toubro Ltd.
1.33%
Reliance Industries Ltd.
1.31%
Tata Steel BSL Ltd.
1.25%
Maruti Suzuki India Ltd.
1.21%
Astral Poly Technik Ltd.
1.20%
Gujarat State Petronet Ltd.
1.18%
Indraprastha Gas Ltd.
1.16%
Avenue Supermarts Ltd.
1.12%
TVS Motor Company Ltd.
1.10%
Divi's Laboratories Ltd.
1.10%
City Union Bank Ltd.
1.07%
Britannia Industries Ltd.
1.06%
SRF Ltd.
1.05%
AU Small Finance Bank Ltd.
1.04%
HDFC Bank Ltd.
1.03%
VIP Industries Ltd.
0.96%
Exide Industries Ltd.
0.95%
The Federal Bank Ltd.
0.93%
Hindustan Petroleum Corporation Ltd.
0.91%
Bajaj Finserv Ltd.
0.91%
SBI Cards & Payment Services Ltd.
0.90%
NTPC Ltd.
0.88%
Nippon Life India Asset Management Ltd.
0.87%
Torrent Pharmaceuticals Ltd.
0.85%
National Aluminium Company Ltd.
0.85%
Bajaj Finance Ltd.
0.82%
Rites Ltd.
0.82%
JK Cement Ltd.
0.73%
Finolex Cables Ltd.
0.72%
Aditya Birla Fashion and Retail Ltd.
0.67%
State Bank of India
0.65%
HDFC Life Insurance Company Ltd.
0.62%
Cholamandalam Investment & Finance Co. Ltd.
0.60%
Birla Corporation Ltd.
0.57%
Bharat Forge Ltd.
0.54%
Transport Corporation of India Ltd.
0.51%
Muthoot Finance Ltd.
0.50%
Mahindra & Mahindra Ltd.
0.49%
Motherson Sumi Systems Ltd.
0.43%
Shree Cement Ltd.
0.38%
Vardhman Textiles Ltd.
0.18%
91 DAY T-BILL 11-Jun-2020
-1.09%
Cash & Cash Equivalents

Benchmark

NIFTY Midcap 100 Index - TRI

Additional Benchmark

NIFTY 50 INDEX - TRI

Horizon

Long Term

Age

147 Days

Suitable for

1. Long term Capital Growth.
2. Predominantly 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
**6 installments each

Cut Off Time

1.00 p.m (Applicable from 7th April till further notice). In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 1.00 p.m. and receipt of application (duly time stamped).

Disclaimer

^ Past performance may or may not be sustained in future.

fund manager

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