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Equity

Principal Nifty 100 Equal Weight Fund

(An open ended scheme replicating / tracking Nifty 100 Equal Weight Index)

This product is suitable for investors who are seeking*

  • Long term Capital Growth
  • Investment in equity securities including equity derivatives of Nifty 100 Equal Weight Index Companies.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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.

Fund Manager:
Mr. Rajat Jain
Allotment Date:
July 27, 1999
Benchmark:
Nifty 100 Equal Weight Index

Under normal circumstances, the asset allocation would be as follows:

Types of InstrumentsNormal Allocation
(% of Net Assets)
Risk Profile
 MinimumMaximum 
Nifty 100 Equal Weight Index Stocks95100High
Money Market Instruments05Low

The Asset Management Company reserves the right to invest in derivatives up to 50% of the net assets of the Scheme

Subject to the SEBI Regulations, the Mutual Fund may deploy upto 20% of its total net assets of the Scheme in Stock Lending.

Regular Plan and Direct Plan.
Both the Plan offer Dividend & Growth Option

The Dividend Option under both the Plan offers facility of Payout, Reinvestment and Sweep

Exit Load:

Exit Load : 1% - if redeemed on or before 90 days from the date of allotment;

Nil – if redeemed after 90 days from the date of allotment.

 

New Investor: 5,000
Existing Investor: 1000

3.00 p.m.

In respect of purchase/switch-in of units for an amount equal to or more than 2 Lakhs, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped).

Please check the disclosure page for the current expense ratio.
More Information

SIP / RWP / STP: Available

Minimum No. & Amount of :

SIP: 12 installments of 500/- each.

RWP: 6 installments of 500/- each.

STP :  6 installments of 1000/- each.

Note : Principal Index Fund - Midcap has been merged with Principal Index Fund - Nifty from 9th June, 2017. Click here to view notice.

Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully.