New Fund

New Fund Offers (NFO)

Principal Midcap Fund

Nfo Midcap Banner
Available with following facilities
Smart
Aims to protect against sharp fall in the Market
my gain
Shifts appreciated amount to another fund

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.

Invest in Principal Midcap Fund

Investment Strategy ^^

Principal Mutual Fund Values

Portfolio Management ^^

Portfolio Construction

  • Strict adherence to investment process.
  • Meet every company before investing.
  • Buy and Hold Strategy with typical horizon of 2-3 years.
  • Benchmark agnostic.
  • No active cash calls.
  • Typically, Single Midcap stock allocation not exceeding 4%.

Portfolio Review

  • 3-4 annual interactions with portfolio companies.
  • In-house earnings estimates with regular monitoring.
  • Continuous monitoring of Corporate Governance and Promotor Pledge.

Sell Discipline

  • Focus on valuations.
  • Consensus earnings catching up with our estimates.
  • Adherence to Target Price achievement.

Facilities Available

Smart

SMART is a facility that lets you stagger your investments. Aims to protect against sharp fall in market

My Gain

Shifts appreciated amount to another fund

Here’s how SMART FACILITY works:

Here’s how SMART FACILITY works

Here’s how My Gain FACILITY works:

Principal Mid Cap Mutual Fund Investment

Benchmark

NIFTY Midcap 100 - TRI

Horizon

Long term

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.

MINIMUM INVESTMENT

New Investor : Rs 5000
Existing Investor : Rs 1000
SMART (available only during NFO) : Rs 25,000

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 up to 20% of the units allotted (the limit)
• 1% on redemption in excess of 20% 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

Disclaimer

^ Past performance may or may not be sustained in future.

^^ The investment strategy stated above may change from time to time without any notice and shall be in accordance with the strategy as mentioned in the Scheme Information Document of the scheme. Sectors stated above should not be construed as recommendation from Principal Asset Management and/or Principal Mutual Fund. The schemes of Principal Mutual Fund may or may not hold any position in these sectors. The views given above may change from time to time.

FUND MANAGER

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
Sudhir Kedia

Sudhir Kedia(Associate Fund Manager)

Mr. Sudhir Kedia has over 13 years of experience in research and asset...

Scheme Document & Forms