Principal Nifty 100 Equal Weight Fund

Principal Nifty 100 Equal Weight Fund

NAV

(as on 24-06-2021)

103.47

3 YRS CAGR

(as on 24-06-2021)

11.31%

CAGR since inception

(since 01-01-2013)

11.66%

AUM

(as on 2021-05-31)

25.64 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 : 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 24-06-2021
* 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 24-06-2021
* Benchmark : Nifty 100 Equal Weight - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-05-31
As on 2021-05-31
% of NAV
Sector
13.56%
Consumer Non Durables
11.45%
Pharmaceuticals
8.42%
Banks
5.72%
Software
5.70%
Finance
5.67%
Auto
5.10%
Insurance
4.64%
Cement & Cement Products
4.34%
Power
4.09%
Petroleum Products
3.49%
Minerals/Mining
2.99%
Gas
2.97%
Auto Ancillaries
2.80%
Ferrous Metals
2.20%
Non - Ferrous Metals
1.92%
Transportation
1.86%
Consumer Durables
1.84%
Retailing
1.21%
Pesticides
1.04%
Chemicals
1.02%
Industrial Capital Goods
0.99%
Healthcare Services
0.98%
Oil
0.97%
Leisure Services
0.94%
Construction Project
0.94%
Capital Markets
0.93%
Telecom - Services
0.92%
Construction
0.89%
Telecom - Equipment & Accessories
As on 2021-05-31
% to NET Assets
Name
1.56%
Adani Transmission Ltd.
1.43%
JSW Steel Ltd.
1.37%
Tata Steel Ltd.
1.30%
Cadila Healthcare Ltd.
1.29%
NMDC Ltd.
1.21%
UPL Ltd.
1.19%
Wipro Ltd.
1.18%
Adani Enterprises Ltd.
1.15%
Bajaj Finserv Ltd.
1.14%
ICICI Prudential Life Insurance Company Ltd.
1.11%
Hindalco Industries Ltd.
1.11%
Godrej Consumer Products Ltd.
1.10%
GAIL (India) Ltd.
1.09%
Vedanta Ltd.
1.09%
Asian Paints Ltd.
1.08%
Motherson Sumi Systems Ltd.
1.08%
Lupin Ltd.
1.08%
Hindustan Petroleum Corporation Ltd.
1.07%
Dr. Reddy's Laboratories Ltd.
1.07%
Divi's Laboratories Ltd.
1.06%
Bajaj Auto Ltd.
1.06%
Cipla Ltd.
1.06%
Indian Oil Corporation Ltd.
1.05%
Marico Ltd.
1.05%
Punjab National Bank
1.05%
Aurobindo Pharma Ltd.
1.05%
State Bank of India
1.04%
Pidilite Industries Ltd.
1.02%
ICICI Bank Ltd.
1.02%
Coal India Ltd.
1.02%
Sun Pharmaceutical Industries Ltd.
1.02%
Siemens Ltd.
1.00%
SBI Life Insurance Company Ltd.
1.00%
SBI Cards & Payment Services Ltd.
1.00%
Alkem Laboratories Ltd.
0.99%
United Spirits Ltd.
0.99%
Colgate Palmolive (India) Ltd.
0.99%
Torrent Pharmaceuticals Ltd.
0.99%
Apollo Hospitals Enterprise Ltd.
0.99%
Adani Ports and Special Economic Zone Ltd.
0.99%
Bharat Petroleum Corporation Ltd.
0.98%
Tata Motors Ltd.
0.98%
Oil & Natural Gas Corporation Ltd.
0.98%
Ambuja Cements Ltd.
0.98%
Bosch Ltd.
0.97%
Bajaj Finance Ltd.
0.97%
Avenue Supermarts Ltd.
0.97%
Titan Company Ltd.
0.97%
Jubilant Foodworks Ltd.
0.97%
Nestle India Ltd.
0.97%
Muthoot Finance Ltd.
0.97%
Berger Paints India Ltd.
0.96%
Bajaj Holdings & Investment Ltd.
0.96%
Reliance Industries Ltd.
0.96%
Petronet LNG Ltd.
0.95%
ACC Ltd.
0.95%
Abbott India Ltd.
0.95%
Axis Bank Ltd.
0.95%
Tata Consumer Products Ltd.
0.95%
NTPC Ltd.
0.94%
Larsen & Toubro Ltd.
0.94%
HDFC Asset Management Company Ltd.
0.94%
Grasim Industries Ltd.
0.93%
ICICI Lombard General Insurance Company Ltd.
0.93%
Tech Mahindra Ltd.
0.93%
Interglobe Aviation Ltd.
0.93%
IndusInd Bank Ltd.
0.93%
Bharti Airtel Ltd.
0.93%
Indraprastha Gas Ltd.
0.92%
Maruti Suzuki India Ltd.
0.92%
DLF Ltd.
0.92%
Dabur India Ltd.
0.92%
Hindustan Unilever Ltd.
0.92%
Power Grid Corporation of India Ltd.
0.92%
Infosys Ltd.
0.91%
Eicher Motors Ltd.
0.91%
United Breweries Ltd.
0.91%
Housing Development Finance Corporation Ltd.
0.91%
Procter & Gamble Hygiene and Health Care Ltd.
0.91%
HDFC Bank Ltd.
0.91%
Tata Consultancy Services Ltd.
0.91%
Adani Green Energy Ltd.
0.91%
MRF Ltd.
0.90%
Mahindra & Mahindra Ltd.
0.90%
Larsen & Toubro Infotech Ltd.
0.90%
Kotak Mahindra Bank Ltd.
0.90%
Hero MotoCorp Ltd.
0.90%
ITC Ltd.
0.89%
Ultratech Cement Ltd.
0.89%
Piramal Enterprises Ltd.
0.89%
Havells India Ltd.
0.89%
Indus Towers Ltd.
0.88%
Shree Cement Ltd.
0.88%
HDFC Life Insurance Company Ltd.
0.88%
Britannia Industries Ltd.
0.87%
HCL Technologies Ltd.
0.87%
Info Edge (India) Ltd.
0.86%
Biocon Ltd.
0.84%
Yes Bank Ltd.
0.77%
Bandhan Bank Ltd.
0.46%
TREPS 01-Jun-2021
0.04%
91 DAY T-BILL 22-Jul-2021
0.01%
5.50% Britannia Industries 03-Jun-2024

Benchmark

Nifty 100 Equal Weight - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 175 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