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Principal Nifty 100 Equal Weight Fund

Principal Nifty 100 Equal Weight Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.68

as on 24 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,932 today.

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NAV Performance

Principal Nifty 100 Equal Weight Fund performance graph for last 3 years
Performance of Principal Nifty 100 Equal Weight Fund for last 3 Years

Fund Information

  • ₹ 100.307

    as on 24 May 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 17 Cr.

    as on 31 Dec 2021
  • 0.95%

  • 27 Jul 1999

  • Equity - Index Funds/ETFs

  • Nifty 50

  • 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 ₹ 100.307 as on 24 May 2022.

This fund has 22 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.95%. 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

  • About Rajat Jain

    Picture of Rajat JainIn 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 Moderately 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 2.25% 1.86% 9.01% 32.56% 55.66% 15.56% 12.99% 14.78% -4.30% 25.32% 20.11% 13.23% 12.61%
Category Average -7.15% -0.64% -8.01% 6.32% 33.86% 11.49% 11.42% 13.06% -7.67% 14.22% 15.30% 12.28% 11.85%
Principal Nifty 100 Equal Weight Fund -9.02%₹ 9,097 -0.48%₹ 9,951 -9.36%₹ 9,063 3.52%₹ 10,351 -8.55%₹ 11,440 34.20%₹ 18,039 15.13%₹ 27,871 11.68%₹ 13,932 16.83%₹ 46,152 9.21%₹ 15,535 11.62%₹ 80,328 11.53%₹ 29,798 10.33%₹ 2,05,024
Sundaram Smart Nifty 100 Equal Weight Fund 2.25%₹ 10,225 -1.23%₹ 9,876 9.01%₹ 10,900 - - - - - - - - - -
DSP Equal Nifty 50 Fund -7.25%₹ 9,275 0.34%₹ 10,033 -6.45%₹ 9,354 7.51%₹ 10,750 -4.30%₹ 11,720 39.47%₹ 19,488 19.72%₹ 29,087 12.26%₹ 14,152 20.11%₹ 48,329 - - - -
UTI Nifty Index Fund -6.01%₹ 9,399 -0.71%₹ 9,928 -7.23%₹ 9,277 7.04%₹ 10,704 -6.22%₹ 11,594 34.56%₹ 18,135 14.40%₹ 27,679 11.70%₹ 13,940 15.92%₹ 45,563 12.51%₹ 18,030 13.23%₹ 83,584 13.43%₹ 35,290 12.50%₹ 2,30,099
IDFC Nifty Fund -5.98%₹ 9,401 -0.66%₹ 9,933 -7.13%₹ 9,287 6.82%₹ 10,681 -6.23%₹ 11,593 34.05%₹ 17,996 14.04%₹ 27,586 11.69%₹ 13,936 15.73%₹ 45,435 12.44%₹ 17,980 13.14%₹ 83,396 13.59%₹ 35,797 12.49%₹ 2,29,974
HDFC Index Fund - Sensex Plan -5.40%₹ 9,460 -0.82%₹ 9,917 -7.23%₹ 9,276 7.43%₹ 10,743 -6.27%₹ 11,591 33.48%₹ 17,845 13.44%₹ 27,427 11.68%₹ 13,931 15.10%₹ 45,031 12.99%₹ 18,426 13.19%₹ 83,506 13.67%₹ 36,028 12.61%₹ 2,31,465

Portfolio Holdings

Portfolio holdings pattern of Principal Nifty 100 Equal Weight Fund as on 25 May 2022 are listed below:

  • Equity Holdings:

    96.60%
  • Debt Holdings:

    0.02%
  • Others Holdings:

    3.45%

Top Sector Holdings of Principal Nifty 100 Equal Weight Fund

Name of SectorHolding PercentageHolding Values in Crore
Pharmaceuticals 10.82% ₹ 6.06 Cr.
Banks 9.24% ₹ 5.19 Cr.
NBFC 5.58% ₹ 3.13 Cr.
Computers - Software 5.34% ₹ 3.00 Cr.
Personal care 4.74% ₹ 2.66 Cr.
Others 64.28% -

Top Stock Holdings of Principal Nifty 100 Equal Weight Fund

Name of StocksHolding PercentageHolding Values in Crore
Tata Motors Ltd. 1.43% ₹ .80 Cr.
Tech Mahindra Ltd. 1.20% ₹ .68 Cr.
Larsen & Toubro Infotech Ltd. 1.21% ₹ .68 Cr.
Titan Company Ltd. 1.19% ₹ .67 Cr.
Vedanta Ltd. 1.16% ₹ .65 Cr.
Others 93.81% -

Top Debt Instrument Type holdings of Principal Nifty 100 Equal Weight Fund

Instrument TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 0.02% ₹ .01 Cr.
Bond - Britannia Industries Ltd. 0.00% ₹ .00 Cr.
Others 99.98%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 2.37%
TREPS 0.70%
Reverse Repo 0.38%