Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 18-09-2020)

10.60

AUM

(as on 2020-08-31)

258.76 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 2020-08-31
As on 2020-08-31
% of NAV
Sector
9.09%
Finance
8.53%
Pharmaceuticals
7.28%
Banks
7.25%
Consumer Non Durables
6.84%
Industrial Products
6.35%
Auto Ancillaries
5.89%
Consumer Durables
5.09%
Pesticides
5.00%
Chemicals
4.91%
Auto
4.83%
Cement
4.11%
Power
3.81%
Software
2.58%
Ferrous Metals
2.22%
Textile Products
2.18%
Petroleum Products
2.02%
Gas
1.96%
Industrial Capital Goods
1.80%
Construction
1.76%
Telecom - Services
1.56%
Retailing
1.23%
Construction Project
0.82%
Non - Ferrous Metals
0.67%
Fertilisers
0.49%
Transportation
0.43%
Textiles - Cotton
As on 2020-08-31
% to NET Assets
Name
3.33%
Torrent Power Ltd.
2.92%
Tata Consumer Products Ltd.
2.80%
Bayer Cropscience Ltd.
2.72%
Max Financial Services Ltd.
2.63%
IPCA Laboratories Ltd.
2.50%
AIA Engineering Ltd.
2.50%
Atul Ltd.
2.47%
Jubilant Foodworks Ltd.
2.42%
MRF Ltd.
2.29%
PI Industries Ltd.
2.22%
Page Industries Ltd.
2.19%
MindTree Ltd.
2.06%
Mahindra & Mahindra Financial Services Ltd.
2.05%
Whirlpool of India Ltd.
2.00%
Tata Steel BSL Ltd.
1.96%
Honeywell Automation India Ltd.
1.93%
The Federal Bank Ltd.
1.84%
Abbott India Ltd.
1.80%
Kajaria Ceramics Ltd.
1.79%
ACC Ltd.
1.76%
Bharti Airtel Ltd.
1.75%
City Union Bank Ltd.
1.69%
Ashok Leyland Ltd.
1.66%
Balkrishna Industries Ltd.
1.65%
Can Fin Homes Ltd.
1.59%
Voltas Ltd.
1.51%
Astral Poly Technik Ltd.
1.48%
The Ramco Cements Ltd.
1.43%
SKF India Ltd.
1.40%
Rossari Biotech Ltd.
1.31%
Exide Industries Ltd.
1.29%
Alkem Laboratories Ltd.
1.25%
TVS Motor Company Ltd.
1.23%
Castrol India Ltd.
1.23%
Larsen & Toubro Ltd.
1.21%
Trent Ltd.
1.20%
Muthoot Finance Ltd.
1.14%
Relaxo Footwears Ltd.
1.10%
Natco Pharma Ltd.
1.04%
Mphasis Ltd.
1.02%
Gujarat Gas Ltd.
1.00%
Gujarat State Petronet Ltd.
0.99%
HDFC Bank Ltd.
0.99%
Kotak Mahindra Bank Ltd.
0.98%
ICICI Bank Ltd.
0.98%
SRF Ltd.
0.97%
VIP Industries Ltd.
0.96%
CEAT Ltd.
0.95%
Reliance Industries Ltd.
0.95%
Divi's Laboratories Ltd.
0.93%
JK Cement Ltd.
0.88%
Cash & Cash Equivalents
0.88%
HDFC Asset Management Company Ltd.
0.84%
Aarti Industries Ltd.
0.82%
National Aluminium Company Ltd.
0.82%
United Spirits Ltd.
0.78%
NTPC Ltd.
0.76%
Varun Beverages Ltd.
0.75%
Escorts Ltd.
0.72%
Syngene International Ltd.
0.70%
Mahindra & Mahindra Ltd.
0.67%
Coromandel International Ltd.
0.64%
State Bank of India
0.63%
Birla Corporation Ltd.
0.58%
Jindal Steel & Power Ltd.
0.58%
Hexaware Technologies Ltd.
0.58%
Bajaj Finserv Ltd.
0.52%
Maruti Suzuki India Ltd.
0.49%
Transport Corporation of India Ltd.
0.43%
Vardhman Textiles Ltd.
0.42%
Bharat Forge Ltd.
0.36%
TREPS 01-Sep-2020
0.30%
Aditya Birla Fashion and Retail Ltd.
0.28%
Kansai Nerolac Paints Ltd.
0.26%
Solar Industries India Ltd.
0.14%
Amber Enterprises India Ltd.
0.06%
182 DAY T-BILL 12-Nov-2020
0.05%
Aditya Birla Fashion and Retail Ltd. - Partly paid Right

Benchmark

NIFTY Midcap 100 Index - TRI

Additional Benchmark

NIFTY 50 INDEX - TRI

Horizon

Long Term

Age

265 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