Mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
To generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Principal Asset Management Private Limited manages assets worth 7,381 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 26 equity,31 debt and 16 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest via netbanking, UPI or through an SIP (eNACH mandate).
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About Principal Midcap Fund (DP-A)
About Principal Midcap Fund (DP-A)
Principal Midcap Fund (DP-A) is a mid cap equity fund and has delivered an annualised return of % over a period of 2 years ..The fund is managed by Principal Asset Management Private Limited.The fund managers are Ravi Gopalakrishnan, Sudhir Kedia
Principal Midcap Fund (DP-A) Investment Objective
To generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.
Principal Midcap Fund (DP-A) NAV,AUM,Risk
The Principal Midcap Fund (DP-A) fund was launched on Dec 23, 2019. The NAV (Net Asset Value) of this mid cap equity as of 2021-02-12 is ₹ 13.54. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 321.526. The category risk of the Principal Midcap Fund (DP-A) fund is Very High Risk.
The fund charges 2.44 % as expense ratio.
Principal Midcap Fund (DP-A) Holdings
The fund’s highest allocation is towards equity and has invested 98.4% in this asset class. The top three holdings of the fund are 91 dtb 04022021,91 dtb 29042021 and the federal bank ltd
Principal Midcap Fund (DP-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Principal Midcap Fund (DP-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL NIFTY Midcap 100 TR INR
Principal Midcap Fund (DP-A) Review
Principal Midcap Fund (DP-A) has a score of 1 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Principal Midcap Fund (DP-A) has a score of 3 out of 5.
Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.
