Principal Nifty 100 Equal Weight Fund

Principal Nifty 100 Equal Weight Fund

NAV

(as on 26-02-2021)

92.16

3 YRS CAGR

(as on 26-02-2021)

8.51%

CAGR since inception

(since 01-01-2013)

10.57%

AUM

(as on 2021-01-31)

21.24 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 26-02-2021
* Benchmark : Nifty 100 Equal Weight - TRI
* 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 26-02-2021
* Benchmark : Nifty 100 Equal Weight - TRI
* 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 26-02-2021
* Benchmark : Nifty 100 Equal Weight - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-01-31
As on 2021-01-31
% of NAV
Sector
13.72%
Consumer Non Durables
13.56%
Finance
10.25%
Pharmaceuticals
8.90%
Banks
8.11%
Software
6.81%
Auto
5.10%
Cement
3.94%
Petroleum Products
3.86%
Power
3.07%
Transportation
3.01%
Gas
2.13%
Auto Ancillaries
2.09%
Consumer Durables
2.06%
Non - Ferrous Metals
1.94%
Ferrous Metals
1.83%
Minerals/Mining
1.23%
Pesticides
1.12%
Construction
1.06%
Telecom - Services
1.05%
Construction Project
1.01%
Industrial Capital Goods
0.98%
Retailing
0.96%
Telecom - Equipment & Accessories
0.95%
Chemicals
0.94%
Oil
As on 2021-01-31
% to NET Assets
Name
1.48%
Tata Motors Ltd.
1.23%
UPL Ltd.
1.20%
Bosch Ltd.
1.17%
Bajaj Auto Ltd.
1.17%
SBI Cards & Payment Services Ltd.
1.16%
Grasim Industries Ltd.
1.15%
Havells India Ltd.
1.14%
United Breweries Ltd.
1.12%
Hindustan Zinc Ltd.
1.12%
DLF Ltd.
1.11%
Eicher Motors Ltd.
1.11%
Bank of Baroda
1.09%
Container Corporation of India Ltd.
1.08%
Wipro Ltd.
1.08%
Larsen & Toubro Infotech Ltd.
1.07%
Axis Bank Ltd.
1.06%
Adani Transmission Ltd.
1.06%
Bharti Airtel Ltd.
1.06%
Tata Consultancy Services Ltd.
1.05%
State Bank of India
1.05%
Hero MotoCorp Ltd.
1.05%
Punjab National Bank
1.05%
Larsen & Toubro Ltd.
1.05%
Adani Ports and Special Economic Zone Ltd.
1.04%
Bajaj Holdings & Investment Ltd.
1.04%
Mahindra & Mahindra Ltd.
1.04%
Ultratech Cement Ltd.
1.03%
Indraprastha Gas Ltd.
1.03%
GAIL (India) Ltd.
1.03%
ICICI Bank Ltd.
1.02%
HDFC Life Insurance Company Ltd.
1.02%
Marico Ltd.
1.02%
Lupin Ltd.
1.02%
Alkem Laboratories Ltd.
1.02%
Indian Oil Corporation Ltd.
1.02%
Godrej Consumer Products Ltd.
1.01%
Siemens Ltd.
1.01%
Hindustan Petroleum Corporation Ltd.
1.01%
Colgate Palmolive (India) Ltd.
1.01%
Procter & Gamble Hygiene and Health Care Ltd.
1.00%
United Spirits Ltd.
1.00%
Tech Mahindra Ltd.
1.00%
Bharat Petroleum Corporation Ltd.
0.99%
Dabur India Ltd.
0.99%
JSW Steel Ltd.
0.99%
Oracle Financial Services Software Ltd.
0.99%
Infosys Ltd.
0.98%
IndusInd Bank Ltd.
0.98%
SBI Life Insurance Company Ltd.
0.98%
HDFC Bank Ltd.
0.98%
Cipla Ltd.
0.98%
Avenue Supermarts Ltd.
0.98%
HDFC Asset Management Company Ltd.
0.98%
Aurobindo Pharma Ltd.
0.98%
HCL Technologies Ltd.
0.98%
Ambuja Cements Ltd.
0.98%
ACC Ltd.
0.98%
Sun Pharmaceutical Industries Ltd.
0.96%
Indus Towers Ltd.
0.96%
Bajaj Finserv Ltd.
0.96%
Maruti Suzuki India Ltd.
0.96%
Britannia Industries Ltd.
0.96%
Power Grid Corporation of India Ltd.
0.96%
ICICI Prudential Life Insurance Company Ltd.
0.96%
Adani Green Energy Ltd.
0.96%
Berger Paints India Ltd.
0.96%
Housing Development Finance Corporation Ltd.
0.95%
Power Finance Corporation Ltd.
0.95%
Tata Steel Ltd.
0.95%
Pidilite Industries Ltd.
0.95%
ITC Ltd.
0.95%
Petronet LNG Ltd.
0.94%
Shree Cement Ltd.
0.94%
Hindalco Industries Ltd.
0.94%
Titan Company Ltd.
0.94%
Oil & Natural Gas Corporation Ltd.
0.93%
Hindustan Unilever Ltd.
0.93%
Motherson Sumi Systems Ltd.
0.93%
Torrent Pharmaceuticals Ltd.
0.93%
Interglobe Aviation Ltd.
0.93%
Info Edge (India) Ltd.
0.92%
NMDC Ltd.
0.92%
Muthoot Finance Ltd.
0.92%
Piramal Enterprises Ltd.
0.92%
General Insurance Corporation Of India
0.92%
Tata Consumer Products Ltd.
0.91%
Nestle India Ltd.
0.91%
Coal India Ltd.
0.91%
Reliance Industries Ltd.
0.91%
Cadila Healthcare Ltd.
0.90%
Bajaj Finance Ltd.
0.90%
Asian Paints Ltd.
0.90%
Abbott India Ltd.
0.89%
Divi's Laboratories Ltd.
0.88%
ICICI Lombard General Insurance Company Ltd.
0.88%
Dr. Reddy's Laboratories Ltd.
0.88%
NTPC Ltd.
0.86%
Kotak Mahindra Bank Ltd.
0.77%
Bandhan Bank Ltd.
0.76%
Biocon Ltd.
0.21%
TREPS 01-Feb-2021
0.05%
91 DAY T-BILL 04-Feb-2021
0.05%
91 DAY T-BILL 29-Apr-2021
0.01%
Cash & Cash Equivalents

Benchmark

Nifty 100 Equal Weight - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 57 Days

Performance

Suitable for

1. Long term capital growth.
2. Investment in equity securities including equity derivatives of Nifty 100 Equal Weight Index companies.

Investment Objective

To invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index

WHY INVEST IN Principal Nifty 100 Equal Weight Fund?

• The fund invests in securities that comprise Nifty 100 Equal Weight Index.
• These funds don't require extensive tracking and are expected to generate returns in line with the index.
• The aim of this fund is to attain long term capital appreciation.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plan offer dividend and growth option The dividend option under both the Plan offers facility of Payout, Reinvestment and Sweep

OTHER DETAILS

Exit Load:

NIL

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

Rajat Jain Principal Arbitrage Fund Manager

Rajat Jain

Rajat Jain monitors the investments of Principal Mutual Fund and leads...
funds managed