Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 30-10-2020)

10.51

AUM

(as on 2020-09-30)

266.32 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 2020-09-30
As on 2020-09-30
% of NAV
Sector
9.03%
Finance
8.90%
Pharmaceuticals
7.61%
Consumer Durables
7.42%
Consumer Non Durables
6.79%
Banks
6.68%
Industrial Products
6.57%
Auto Ancillaries
5.23%
Chemicals
4.72%
Auto
4.66%
Pesticides
4.65%
Cement
3.73%
Software
3.72%
Power
2.43%
Textile Products
2.24%
Gas
2.04%
Petroleum Products
2.02%
Construction
1.90%
Industrial Capital Goods
1.68%
Ferrous Metals
1.40%
Telecom - Services
1.23%
Retailing
1.14%
Construction Project
0.72%
Non - Ferrous Metals
0.52%
Transportation
0.40%
Textiles - Cotton
As on 2020-09-30
% to NET Assets
Name
3.05%
Torrent Power Ltd.
2.94%
IPCA Laboratories Ltd.
2.74%
Max Financial Services Ltd.
2.67%
Jubilant Foodworks Ltd.
2.66%
Tata Consumer Products Ltd.
2.49%
AIA Engineering Ltd.
2.46%
MindTree Ltd.
2.43%
Page Industries Ltd.
2.42%
MRF Ltd.
2.39%
PI Industries Ltd.
2.32%
Atul Ltd.
2.27%
Bayer Cropscience Ltd.
2.06%
Whirlpool of India Ltd.
2.02%
Kajaria Ceramics Ltd.
1.90%
Honeywell Automation India Ltd.
1.83%
ACC Ltd.
1.83%
TREPS 01-Oct-2020
1.83%
The Federal Bank Ltd.
1.83%
Mahindra & Mahindra Financial Services Ltd.
1.81%
Balkrishna Industries Ltd.
1.81%
Ashok Leyland Ltd.
1.80%
Can Fin Homes Ltd.
1.80%
Abbott India Ltd.
1.76%
City Union Bank Ltd.
1.68%
Tata Steel BSL Ltd.
1.66%
Voltas Ltd.
1.60%
Astral Poly Technik Ltd.
1.56%
The Ramco Cements Ltd.
1.47%
Rossari Biotech Ltd.
1.40%
Bharti Airtel Ltd.
1.32%
TVS Motor Company Ltd.
1.28%
Exide Industries Ltd.
1.27%
Mphasis Ltd.
1.25%
SKF India Ltd.
1.24%
Gujarat Gas Ltd.
1.23%
Trent Ltd.
1.23%
Natco Pharma Ltd.
1.15%
Muthoot Finance Ltd.
1.14%
Larsen & Toubro Ltd.
1.13%
Relaxo Footwears Ltd.
1.11%
Amber Enterprises India Ltd.
1.06%
CEAT Ltd.
1.05%
Syngene International Ltd.
1.04%
Reliance Industries Ltd.
1.00%
Bharat Petroleum Corporation Ltd.
1.00%
Gujarat State Petronet Ltd.
0.98%
Bata India Ltd.
0.98%
Alkem Laboratories Ltd.
0.97%
SRF Ltd.
0.94%
UTI Asset Management Co Ltd
0.93%
HDFC Bank Ltd.
0.90%
Divi's Laboratories Ltd.
0.89%
Nestle India Ltd.
0.88%
Escorts Ltd.
0.87%
Kotak Mahindra Bank Ltd.
0.86%
ICICI Bank Ltd.
0.81%
JK Cement Ltd.
0.79%
Aarti Industries Ltd.
0.72%
National Aluminium Company Ltd.
0.70%
Varun Beverages Ltd.
0.68%
Cash & Cash Equivalents
0.67%
NTPC Ltd.
0.67%
VIP Industries Ltd.
0.65%
Solar Industries India Ltd.
0.54%
Bajaj Finserv Ltd.
0.54%
State Bank of India
0.52%
Transport Corporation of India Ltd.
0.50%
Kansai Nerolac Paints Ltd.
0.49%
Mahindra & Mahindra Ltd.
0.45%
Birla Corporation Ltd.
0.40%
Vardhman Textiles Ltd.
0.37%
Bharat Forge Ltd.
0.22%
Maruti Suzuki India Ltd.
0.06%
182 DAY T-BILL 12-Nov-2020
0.03%
Computer Age Management Services Ltd.

Benchmark

NIFTY Midcap 100 Index - TRI

Additional Benchmark

NIFTY 50 INDEX - TRI

Horizon

Long Term

Age

307 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

3.00 p.m. 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 3.00 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