Fund Performance
Lumpsum
SIP
19.36
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,003 today.
NAV Performance
Fund Information
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₹ 137.184
as on 08 Dec 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 52 Cr.
as on 31 May 2023 -
1.03%
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27 Jul 1999
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Nifty 50
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Principal Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
Principal Nifty 100 Equal Weight Fund is an Open-ended Equity Fund. The fund belongs to Index Funds/ETFs category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Jul 1999. This fund is offered by one of the top AMC (Assets Management Company) Principal Mutual Fund. You can also view here all other Equity funds offered by Principal Mutual Fund.
Latest NAV of the fund is ₹ 137.184 as on 08 Dec 2023.
This fund has 24 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.03%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund 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.
List of Fund Managers of Principal Nifty 100 Equal Weight Fund
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About Rajat Jain
In his 29-years of work experience in Investment Management, Rajat Jain has been associated with Principal Mutual Fund for 16 years now. At present, he monitors the investments of Principal Mutual Fund and leads the overall portfolio strategy. Prior to this, he was the Chief Investment Officer at SBI Mutual Fund. Rajat holds a Bachelor’s degree in Mechanical Engineering from NIT, Allahabad and a PGDM from IIM, Lucknow.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 10.26% | 10.15% | 32.24% | 36.94% | 22.98% | 31.28% | 17.01% | 14.98% | 60.25% | 33.92% | 27.53% | 21.21% | 14.04% |
| Category Average | 8.03% | 6.67% | 14.75% | 15.82% | 11.29% | 17.92% | 14.58% | 13.28% | 29.78% | 18.91% | 15.89% | 16.91% | 13.43% |
| Principal Nifty 100 Equal Weight Fund | 10.06%₹ 11,006 | 9.59%₹ 10,959 | 18.77%₹ 11,876 | 19.81%₹ 11,981 | 38.10%₹ 14,351 | 11.80%₹ 12,499 | 21.69%₹ 29,630 | 19.36%₹ 17,003 | 17.46%₹ 46,584 | 15.12%₹ 20,238 | 18.77%₹ 95,791 | 12.25%₹ 31,805 | 13.01%₹ 2,36,514 |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 7.45%₹ 10,744 | 8.76%₹ 10,876 | 32.24%₹ 13,223 | 36.94%₹ 13,694 | 60.25%₹ 15,629 | 17.48%₹ 13,801 | 33.92%₹ 32,990 | 31.28%₹ 22,627 | 27.53%₹ 53,537 | - | - | - | - |
| Motilal Oswal Nifty Midcap 150 Index Fund | 8.67%₹ 10,867 | 7.11%₹ 10,711 | 28.19%₹ 12,818 | 34.00%₹ 13,400 | 53.01%₹ 15,217 | 18.85%₹ 14,125 | 32.89%₹ 32,701 | 28.22%₹ 21,080 | 26.77%₹ 52,984 | - | - | - | - |
| DSP Equal Nifty 50 Fund | 8.58%₹ 10,858 | 8.65%₹ 10,865 | 17.61%₹ 11,761 | 21.15%₹ 12,114 | 35.58%₹ 14,202 | 15.31%₹ 13,297 | 23.34%₹ 30,076 | 22.35%₹ 18,317 | 19.80%₹ 48,141 | 17.01%₹ 21,950 | 21.21%₹ 1,01,657 | - | - |
| IDBI Nifty Index Fund | 4.59%₹ 10,458 | 10.15%₹ 11,014 | 11.96%₹ 11,196 | - | - | - | - | - | - | - | - | - | - |
| Motilal Oswal Nifty 500 Fund | 8.31%₹ 10,831 | 6.86%₹ 10,685 | 17.52%₹ 11,751 | 17.47%₹ 11,746 | 32.50%₹ 14,019 | 11.43%₹ 12,416 | 20.30%₹ 29,255 | 18.92%₹ 16,819 | 16.96%₹ 46,255 | - | - | - | - |
Portfolio Holdings
Top Sector Holdings of Principal Nifty 100 Equal Weight Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 8.06% | ₹ 4.62 Cr. |
| NBFC | 6.64% | ₹ 3.80 Cr. |
| Personal care | 5.51% | ₹ 3.16 Cr. |
| Pharmaceuticals | 4.86% | ₹ 2.78 Cr. |
| Cement | 4.67% | ₹ 2.67 Cr. |
| Others | 70.26% | - |
Top Stock Holdings of Principal Nifty 100 Equal Weight Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Adani Enterprises Ltd. | 1.29% | ₹ .74 Cr. |
| Cholamandalam Investment & Finance Co. Ltd. | 1.30% | ₹ .74 Cr. |
| Zomato Ltd. | 1.22% | ₹ .70 Cr. |
| DLF Ltd. | 1.20% | ₹ .69 Cr. |
| InterGlobe Aviation Ltd. | 1.14% | ₹ .65 Cr. |
| Others | 93.85% | - |
Top Debt Instrument Type holdings of Principal Nifty 100 Equal Weight Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 0.02% | ₹ .01 Cr. |
| NCD & Bonds | 0.00% | ₹ .00 Cr. |
| Others | 99.98% | - |
Top Debt Holdings of Principal Nifty 100 Equal Weight Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 0.02% | ₹ .01 Cr. |
| Bond - Britannia Industries Ltd. | 0.00% | ₹ .00 Cr. |
| Others | 99.98% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.29% |
| Net Receivables | -0.15% |