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Principal Nifty 100 Equal Weight Fund

Principal Nifty 100 Equal Weight Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

14.16

as on 31 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,883 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

  • ₹ 106.388

    as on 31 Jan 2023
  • 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 ₹ 106.388 as on 31 Jan 2023.

This fund has 23 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% -1.23% 9.01% 32.56% 22.98% 20.68% 11.31% 12.48% 12.50% 10.01% 22.36% 15.17% 12.84%
Category Average -3.29% -3.23% 1.98% 2.03% 14.61% 14.26% 9.61% 11.66% 1.75% 5.23% 14.90% 12.78% 11.83%
Principal Nifty 100 Equal Weight Fund -4.03%₹ 9,597 -4.50%₹ 9,549 -1.19%₹ 9,881 -1.71%₹ 9,829 -2.96%₹ 11,806 13.82%₹ 12,964 2.48%₹ 24,624 14.16%₹ 14,883 13.60%₹ 44,101 6.89%₹ 13,953 11.43%₹ 80,005 9.97%₹ 25,872 9.94%₹ 2,00,979
Motilal Oswal Nifty Smallcap 250 Index Fund -2.37%₹ 9,762 -1.36%₹ 9,864 5.09%₹ 10,508 -6.10%₹ 9,390 1.27%₹ 12,083 21.73%₹ 14,834 6.08%₹ 25,541 20.68%₹ 17,583 22.36%₹ 49,914 - - - -
Motilal Oswal Nifty Midcap 150 Index Fund -2.44%₹ 9,756 -2.38%₹ 9,762 3.30%₹ 10,329 1.50%₹ 10,150 4.80%₹ 12,311 20.82%₹ 14,611 8.29%₹ 26,109 20.31%₹ 17,424 20.91%₹ 48,923 - - - -
DSP Equal Nifty 50 Fund -1.85%₹ 9,814 -1.65%₹ 9,835 3.33%₹ 10,332 4.56%₹ 10,455 6.11%₹ 12,395 18.64%₹ 14,088 8.95%₹ 26,280 18.53%₹ 16,661 19.76%₹ 48,139 9.28%₹ 15,589 15.17%₹ 87,745 - -
Sundaram Smart Nifty 100 Equal Weight Fund 2.25%₹ 10,225 -1.23%₹ 9,876 9.01%₹ 10,900 - - - - - - - - - -
Taurus Nifty Index Fund -2.55%₹ 9,745 -2.14%₹ 9,786 2.64%₹ 10,264 2.49%₹ 10,249 4.20%₹ 12,273 14.25%₹ 13,062 6.31%₹ 25,598 14.81%₹ 15,139 15.26%₹ 45,165 10.78%₹ 16,686 13.42%₹ 84,052 11.54%₹ 29,830 12.13%₹ 2,25,761

Portfolio Holdings

Portfolio holdings pattern of Principal Nifty 100 Equal Weight Fund as on 01 Feb 2023 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%