Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 10-07-2020)

9.47

AUM

(as on 31-May-2020)

216.94 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 31-May-2020
As on 31-May-2020
% of NAV
Sector
9.99%
Pharmaceuticals
8.84%
Auto Ancillaries
8.84%
Finance
7.80%
Consumer Non Durables
7.11%
Industrial Products
6.44%
Banks
6.05%
Pesticides
5.96%
Consumer Durables
3.83%
Auto
3.26%
Chemicals
3.19%
Cement
3.18%
Software
2.64%
Textile Products
2.35%
Gas
2.06%
Fertilisers
2.02%
Petroleum Products
1.93%
Industrial Capital Goods
1.81%
Telecom - Services
1.68%
Construction
1.45%
Construction Project
1.30%
Ferrous Metals
0.95%
Power
0.83%
Engineering Services
0.80%
Non - Ferrous Metals
0.76%
Retailing
0.43%
Transportation
0.40%
Textiles - Cotton
As on 31-May-2020
% to NET Assets
Name
4.19%
TREPS 01-Jun-2020
4.16%
Tata Consumer Products Ltd.
3.97%
WABCO India Ltd.
3.44%
Abbott India Ltd.
3.38%
Bayer Cropscience Ltd.
2.64%
Page Industries Ltd.
2.58%
Jubilant Foodworks Ltd.
2.41%
Max Financial Services Ltd.
2.33%
Atul Ltd.
2.24%
Whirlpool of India Ltd.
2.20%
Info Edge (India) Ltd.
2.20%
AIA Engineering Ltd.
2.14%
PI Industries Ltd.
2.06%
Coromandel International Ltd.
1.93%
Honeywell Automation India Ltd.
1.88%
ICICI Bank Ltd.
1.83%
Natco Pharma Ltd.
1.81%
Bharti Airtel Ltd.
1.70%
MRF Ltd.
1.68%
Kajaria Ceramics Ltd.
1.68%
Bajaj Finserv Ltd.
1.62%
Balkrishna Industries Ltd.
1.54%
The Ramco Cements Ltd.
1.51%
SKF India Ltd.
1.47%
Can Fin Homes Ltd.
1.45%
Larsen & Toubro Ltd.
1.43%
Voltas Ltd.
1.42%
Castrol India Ltd.
1.41%
IPCA Laboratories Ltd.
1.40%
Relaxo Footwears Ltd.
1.33%
Maruti Suzuki India Ltd.
1.30%
Tata Steel BSL Ltd.
1.28%
Alkem Laboratories Ltd.
1.19%
Indraprastha Gas Ltd.
1.16%
TVS Motor Company Ltd.
1.16%
Gujarat State Petronet Ltd.
1.15%
Astral Poly Technik Ltd.
1.14%
Divi's Laboratories Ltd.
1.07%
Muthoot Finance Ltd.
1.06%
United Spirits Ltd.
1.05%
City Union Bank Ltd.
1.03%
Kotak Mahindra Bank Ltd.
1.01%
HDFC Bank Ltd.
1.01%
Exide Industries Ltd.
1.01%
SRF Ltd.
0.98%
Infosys Ltd.
0.95%
NTPC Ltd.
0.93%
Aarti Industries Ltd.
0.92%
Nippon Life India Asset Management Ltd.
0.89%
VIP Industries Ltd.
0.89%
Torrent Pharmaceuticals Ltd.
0.89%
The Federal Bank Ltd.
0.87%
JK Cement Ltd.
0.83%
Rites Ltd.
0.80%
National Aluminium Company Ltd.
0.78%
Birla Corporation Ltd.
0.76%
Aditya Birla Fashion and Retail Ltd.
0.74%
Escorts Ltd.
0.73%
Bajaj Finance Ltd.
0.62%
Bharat Forge Ltd.
0.62%
Finolex Cables Ltd.
0.60%
Reliance Industries Ltd.
0.60%
Mahindra & Mahindra Ltd.
0.58%
State Bank of India
0.56%
Cholamandalam Investment & Finance Co. Ltd.
0.54%
Motherson Sumi Systems Ltd.
0.53%
UPL Ltd.
0.43%
Transport Corporation of India Ltd.
0.40%
Vardhman Textiles Ltd.
0.18%
91 DAY T-BILL 11-Jun-2020
-0.27%
Cash & Cash Equivalents

Benchmark

NIFTY Midcap 100 Index - TRI

Additional Benchmark

NIFTY 50 INDEX - TRI

Horizon

Long Term

Age

196 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