Principal Midcap Fund

Principal Midcap Fund

NAV

(as on 24-06-2021)

15.83

3 YRS CAGR

(as on 24-06-2021)

-

CAGR since inception

(since 30-12-2019)

36.1%

AUM

(as on 2021-05-31)

382.67 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-06-2021
* 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 24-06-2021
* 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 24-06-2021
* Benchmark : NIFTYM100TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-05-31
As on 2021-05-31
% of NAV
Sector
14.96%
Banks
9.89%
Industrial Products
7.88%
Consumer Durables
6.68%
Pharmaceuticals
6.64%
Finance
6.57%
Chemicals
4.73%
Auto Ancillaries
4.60%
Software
3.65%
Ferrous Metals
3.48%
Consumer Non Durables
3.25%
Pesticides
3.08%
Auto
2.98%
Healthcare Services
2.91%
Insurance
2.81%
Industrial Capital Goods
2.40%
Construction
2.17%
Capital Markets
1.94%
Gas
1.67%
Telecom - Services
1.65%
Retailing
1.34%
Power
1.21%
Leisure Services
1.05%
Cement & Cement Products
0.99%
Petroleum Products
0.74%
Transportation
As on 2021-05-31
% to NET Assets
Name
4.51%
The Federal Bank Ltd.
3.98%
Polycab India Ltd.
3.34%
State Bank of India
3.17%
ICICI Bank Ltd.
3.16%
Tata Steel Ltd.
2.91%
Max Financial Services Ltd.
2.43%
Bank of Baroda
2.41%
Crompton Greaves Consumer Electricals Ltd.
2.34%
Cholamandalam Investment & Finance Co. Ltd.
2.07%
Ashok Leyland Ltd.
2.05%
IPCA Laboratories Ltd.
2.04%
Solar Industries India Ltd.
1.83%
PI Industries Ltd.
1.77%
Coforge Ltd.
1.74%
Persistent Systems Ltd.
1.74%
Honeywell Automation India Ltd.
1.72%
Subros Ltd.
1.71%
AIA Engineering Ltd.
1.68%
Mahindra & Mahindra Financial Services Ltd.
1.67%
Bharti Airtel Ltd.
1.65%
Can Fin Homes Ltd.
1.65%
Trent Ltd.
1.62%
Astral Limited
1.59%
Indoco Remedies Ltd.
1.53%
Voltas Ltd.
1.53%
Endurance Technologies Ltd.
1.53%
The Phoenix Mills Ltd.
1.51%
City Union Bank Ltd.
1.48%
CEAT Ltd.
1.42%
Bayer Cropscience Ltd.
1.34%
Tata Power Company Ltd.
1.22%
UTI Asset Management Co Ltd
1.21%
Jubilant Foodworks Ltd.
1.21%
Zydus Wellness Ltd.
1.21%
Atul Ltd.
1.19%
Aarti Industries Ltd.
1.13%
Laurus Labs Ltd.
1.11%
Bata India Ltd.
1.09%
MindTree Ltd.
1.08%
KEI Industries Ltd.
1.07%
SRF Ltd.
1.07%
ABB India Ltd.
1.06%
Rossari Biotech Ltd.
1.06%
Metropolis Healthcare Ltd.
1.05%
The Ramco Cements Ltd.
1.04%
Gujarat Gas Ltd.
1.03%
Amber Enterprises India Ltd.
1.01%
Schaeffler India Ltd.
1.01%
Maruti Suzuki India Ltd.
0.99%
Bharat Petroleum Corporation Ltd.
0.99%
Fortis Healthcare Ltd.
0.99%
Dr. Reddy's Laboratories Ltd.
0.97%
CRISIL Ltd.
0.95%
Multi Commodity Exchange of India Ltd.
0.93%
Syngene International Ltd.
0.92%
Ajanta Pharma Ltd.
0.92%
Relaxo Footwears Ltd.
0.90%
Gujarat State Petronet Ltd.
0.90%
Emami Ltd.
0.88%
Kajaria Ceramics Ltd.
0.87%
Brigade Enterprises Ltd.
0.85%
Kansai Nerolac Paints Ltd.
0.75%
TREPS 01-Jun-2021
0.74%
Transport Corporation of India Ltd.
0.52%
Varun Beverages Ltd.
0.49%
SKF India Ltd.
0.49%
Jindal Steel & Power Ltd.
0.02%
91 DAY T-BILL 22-Jul-2021

Benchmark

NIFTYM100TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

Long Term

Age

1 Yrs 177 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