Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 12-04-2021)

13.57

3 YRS CAGR

(as on 12-04-2021)

-

CAGR since inception

(since 30-12-2019)

26.69%

AUM

(as on 2021-03-31)

349.31 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 12-04-2021
* 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 12-04-2021
* 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 12-04-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-03-31
As on 2021-03-31
% of NAV
Sector
14.76%
Banks
10.58%
Industrial Products
10.09%
Finance
7.72%
Pharmaceuticals
6.88%
Consumer Durables
6.82%
Consumer Non Durables
5.58%
Chemicals
5.44%
Auto Ancillaries
4.83%
Auto
3.88%
Construction
3.60%
Industrial Capital Goods
3.52%
Pesticides
3.26%
Software
2.16%
Gas
2.06%
Power
1.90%
Telecom - Services
1.71%
Retailing
1.23%
Ferrous Metals
1.15%
Cement
0.90%
Textile Products
0.42%
Transportation
As on 2021-03-31
% to NET Assets
Name
4.73%
The Federal Bank Ltd.
3.48%
Polycab India Ltd.
3.36%
State Bank of India
3.13%
ICICI Bank Ltd.
2.96%
Max Financial Services Ltd.
2.88%
Ashok Leyland Ltd.
2.42%
Cholamandalam Investment & Finance Co. Ltd.
2.34%
IPCA Laboratories Ltd.
2.30%
Mahindra & Mahindra Financial Services Ltd.
2.01%
PI Industries Ltd.
2.00%
Honeywell Automation India Ltd.
1.96%
Subros Ltd.
1.95%
RBL Bank Ltd.
1.90%
Bharti Airtel Ltd.
1.89%
Voltas Ltd.
1.88%
Solar Industries India Ltd.
1.79%
Jubilant Foodworks Ltd.
1.79%
Astral Poly Technik Ltd.
1.77%
AIA Engineering Ltd.
1.73%
Whirlpool of India Ltd.
1.71%
Trent Ltd.
1.62%
Endurance Technologies Ltd.
1.59%
City Union Bank Ltd.
1.57%
Can Fin Homes Ltd.
1.51%
Bayer Cropscience Ltd.
1.50%
Tata Power Company Ltd.
1.49%
The Phoenix Mills Ltd.
1.43%
Rossari Biotech Ltd.
1.36%
Tata Consumer Products Ltd.
1.34%
Amber Enterprises India Ltd.
1.31%
Atul Ltd.
1.29%
CEAT Ltd.
1.29%
Indoco Remedies Ltd.
1.28%
TVS Motor Company Ltd.
1.25%
Gujarat Gas Ltd.
1.23%
Tata Steel BSL Ltd.
1.21%
Zydus Wellness Ltd.
1.20%
MindTree Ltd.
1.17%
Dr. Reddy's Laboratories Ltd.
1.16%
Cash & Cash Equivalents
1.15%
Varun Beverages Ltd.
1.15%
The Ramco Cements Ltd.
1.15%
Divi's Laboratories Ltd.
1.10%
Relaxo Footwears Ltd.
1.08%
Schaeffler India Ltd.
1.07%
ABB India Ltd.
1.06%
Brigade Enterprises Ltd.
1.05%
Mphasis Ltd.
0.98%
SRF Ltd.
0.97%
Syngene International Ltd.
0.96%
KEI Industries Ltd.
0.96%
Aarti Industries Ltd.
0.95%
Kajaria Ceramics Ltd.
0.91%
Gujarat State Petronet Ltd.
0.90%
Page Industries Ltd.
0.89%
Emami Ltd.
0.84%
Computer Age Management Services Ltd.
0.82%
Bata India Ltd.
0.80%
Natco Pharma Ltd.
0.67%
Escorts Ltd.
0.57%
Balkrishna Industries Ltd.
0.56%
Torrent Power Ltd.
0.53%
Coforge Ltd.
0.53%
Bharat Electronics Ltd.
0.52%
SKF India Ltd.
0.48%
Persistent Systems Ltd.
0.42%
Kansai Nerolac Paints Ltd.
0.42%
Transport Corporation of India Ltd.
0.38%
Oberoi Realty Ltd.
0.32%
TREPS 01-Mar-2021
0.03%
91 DAY T-BILL 29-Apr-2021

Benchmark

NIFTYM100TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long Term

Age

1 Yrs 104 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