Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 25-10-2021)

18.52

3 YRS CAGR

(as on 25-10-2021)

-

CAGR since inception

(since 30-12-2019)

40.32%

AUM

(as on 2021-09-30)

445.98 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-10-2021
* 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 25-10-2021
* 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 25-10-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-09-30
As on 2021-09-30
% of NAV
Sector
12.31%
Banks
9.93%
Industrial Products
8.46%
Consumer Durables
6.71%
Finance
6.26%
Chemicals
5.82%
Auto Ancillaries
5.68%
Pharmaceuticals
5.08%
Software
4.52%
Auto
4.20%
Industrial Capital Goods
3.56%
Capital Markets
3.16%
Healthcare Services
3.10%
Entertainment
3.04%
Consumer Non Durables
2.65%
Construction
2.02%
Ferrous Metals
2.02%
Gas
1.92%
Insurance
1.82%
Pesticides
1.70%
Retailing
1.53%
Cement & Cement Products
1.40%
Telecom - Services
1.24%
Leisure Services
1.13%
Power
As on 2021-09-30
% to NET Assets
Name
4.87%
Polycab India Ltd.
3.62%
Ashok Leyland Ltd.
3.48%
The Federal Bank Ltd.
2.49%
Crompton Greaves Consumer Electricals Ltd.
2.39%
Solar Industries India Ltd.
2.21%
State Bank of India
2.13%
Zee Entertainment Enterprises Ltd.
2.10%
ICICI Bank Ltd.
2.05%
IPCA Laboratories Ltd.
2.02%
Gujarat State Petronet Ltd.
2.02%
Tata Steel Ltd.
2.01%
Shriram Transport Finance Company Ltd.
1.96%
Cholamandalam Investment & Finance Co. Ltd.
1.93%
Bank of Baroda
1.92%
Max Financial Services Ltd.
1.86%
Voltas Ltd.
1.83%
Coforge Ltd.
1.82%
PI Industries Ltd.
1.73%
Persistent Systems Ltd.
1.70%
Trent Ltd.
1.69%
Subros Ltd.
1.68%
BEML Ltd.
1.66%
Can Fin Homes Ltd.
1.60%
Astral Limited
1.59%
The Phoenix Mills Ltd.
1.59%
SRF Ltd.
1.56%
Indoco Remedies Ltd.
1.52%
MindTree Ltd.
1.49%
Honeywell Automation India Ltd.
1.48%
Schaeffler India Ltd.
1.48%
Fortis Healthcare Ltd.
1.44%
ICRA Ltd.
1.38%
Bharti Airtel Ltd.
1.35%
Canara Bank
1.27%
CEAT Ltd.
1.24%
Westlife Development Ltd.
1.24%
Indian Bank
1.24%
UTI Asset Management Co Ltd
1.22%
Amber Enterprises India Ltd.
1.17%
Zydus Wellness Ltd.
1.16%
KEI Industries Ltd.
1.15%
Atul Ltd.
1.14%
Laurus Labs Ltd.
1.13%
Tata Power Company Ltd.
1.13%
Aarti Industries Ltd.
1.10%
VIP Industries Ltd.
1.10%
TREPS 01-Oct-2021
1.09%
Bata India Ltd.
1.08%
CRISIL Ltd.
1.06%
Brigade Enterprises Ltd.
1.03%
ABB India Ltd.
1.02%
Minda Industries Ltd.
0.99%
Kansai Nerolac Paints Ltd.
0.97%
PVR Ltd.
0.97%
Sona Blw Precision Forgings Ltd.
0.93%
Ajanta Pharma Ltd.
0.92%
The Ramco Cements Ltd.
0.90%
Maruti Suzuki India Ltd.
0.88%
Multi Commodity Exchange of India Ltd.
0.88%
Emami Ltd.
0.87%
MRF Ltd.
0.86%
Metropolis Healthcare Ltd.
0.82%
Syngene International Ltd.
0.82%
AIA Engineering Ltd.
0.70%
Relaxo Footwears Ltd.
0.61%
Nuvoco Vistas Corporation Ltd.
0.02%
91 DAY T-BILL 14-Oct-2021
0.02%
Bharti Airtel Ltd. - Awaiting Listing on Stock Exchanges & Rights Entitlement

Benchmark

NIFTYM100TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long Term

Age

1 Yrs 300 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