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Principal Nifty 100 Equal Weight Fund

Principal Nifty 100 Equal Weight Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

19.36

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,003 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

  • ₹ 137.184

    as on 08 Dec 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 52 Cr.

    as on 31 May 2023
  • 1.03%

  • 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 ₹ 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

  • 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 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

Portfolio holdings pattern of Principal Nifty 100 Equal Weight Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    98.88%
  • Debt Holdings:

    0.02%
  • Others Holdings:

    1.14%

Top Sector Holdings of Principal Nifty 100 Equal Weight Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 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
TREPS 1.29%
Net Receivables -0.15%