Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 08-04-2020)

7.85

AUM

(as on 29-Feb-2020)

229.8 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 29-Feb-2020
As on 29-Feb-2020
% of NAV
Sector
11.90%
Banks
8.92%
Finance
8.02%
Pharmaceuticals
7.25%
Consumer Durables
6.37%
Auto Ancillaries
5.17%
Auto
4.87%
Consumer Non Durables
4.52%
Industrial Products
3.74%
Pesticides
3.50%
Software
3.38%
Petroleum Products
2.99%
Chemicals
2.86%
Textile Products
2.80%
Cement
2.60%
Construction Project
2.44%
Construction
2.36%
Ferrous Metals
2.27%
Gas
2.10%
Retailing
1.86%
Fertilisers
1.63%
Power
1.19%
Industrial Capital Goods
0.86%
Non - Ferrous Metals
0.71%
Transportation
0.47%
Services
0.30%
Textiles - Cotton
As on 29-Feb-2020
% to NET Assets
Name
3.12%
TREPS 02-Mar-2020
3.05%
AU Small Finance Bank Ltd.
3.05%
Abbott India Ltd.
2.69%
The Federal Bank Ltd.
2.48%
Max Financial Services Ltd.
2.44%
Kajaria Ceramics Ltd.
2.42%
Tata Consumer Products Ltd.
2.38%
City Union Bank Ltd.
2.37%
Whirlpool of India Ltd.
2.37%
Voltas Ltd.
2.22%
Bayer Cropscience Ltd.
2.09%
Balkrishna Industries Ltd.
2.01%
Info Edge (India) Ltd.
2.00%
Cholamandalam Investment & Finance Co. Ltd.
1.86%
Coromandel International Ltd.
1.70%
Castrol India Ltd.
1.67%
Jubilant Foodworks Ltd.
1.64%
Tata Steel BSL Ltd.
1.62%
The Ramco Cements Ltd.
1.61%
WABCO India Ltd.
1.60%
Can Fin Homes Ltd.
1.59%
Larsen & Toubro Ltd.
1.59%
Relaxo Footwears Ltd.
1.58%
Tata Chemicals Ltd.
1.52%
PI Industries Ltd.
1.50%
Page Industries Ltd.
1.50%
Aditya Birla Fashion and Retail Ltd.
1.47%
Exide Industries Ltd.
1.45%
Cash & Cash Equivalents
1.44%
Maruti Suzuki India Ltd.
1.44%
Natco Pharma Ltd.
1.42%
TVS Motor Company Ltd.
1.41%
Atul Ltd.
1.40%
Alkem Laboratories Ltd.
1.40%
AIA Engineering Ltd.
1.36%
SRF Ltd.
1.27%
Escorts Ltd.
1.25%
Gujarat State Petronet Ltd.
1.21%
Torrent Pharmaceuticals Ltd.
1.20%
Astral Poly Technik Ltd.
1.20%
RBL Bank Ltd.
1.20%
MRF Ltd.
1.19%
Bharat Electronics Ltd.
1.07%
Bajaj Finance Ltd.
1.06%
Nippon Life India Asset Management Ltd.
1.04%
Hero MotoCorp Ltd.
1.03%
Cummins India Ltd.
1.02%
GAIL (India) Ltd.
1.01%
Rites Ltd.
0.98%
ICICI Bank Ltd.
0.97%
NTPC Ltd.
0.92%
VIP Industries Ltd.
0.92%
Divi's Laboratories Ltd.
0.89%
Finolex Cables Ltd.
0.88%
Reliance Industries Ltd.
0.86%
State Bank of India
0.86%
National Aluminium Company Ltd.
0.80%
Infosys Ltd.
0.80%
Hindustan Petroleum Corporation Ltd.
0.78%
ITC Ltd.
0.74%
HDFC Bank Ltd.
0.72%
Jindal Steel & Power Ltd.
0.71%
Transport Corporation of India Ltd.
0.71%
JK Cement Ltd.
0.69%
MindTree Ltd.
0.66%
Mahindra & Mahindra Financial Services Ltd.
0.66%
Tata Power Company Ltd.
0.60%
Avenue Supermarts Ltd.
0.47%
Indian Railway Catering & Tourism Corporation Ltd.
0.47%
Birla Corporation Ltd.
0.35%
364 DAY T-BILL 20-Mar-2020
0.30%
Vardhman Textiles Ltd.
0.05%
LIC Housing Finance Ltd.

Benchmark

NIFTY Midcap 100 Index - TRI

Additional Benchmark

NIFTY 50 INDEX - TRI

Horizon

Long Term

Age

101 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 17th April). 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