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  • Principal Asset Management Private Limited
  • Principal Nifty 100 Equal Weight Fund (Dividend Payout - Annually)

Formerly Principal Index Nifty DP

Principal Nifty 100 Equal Weight Fund (Dividend Payout - Annually)

Principal Nifty 100 Equal Weight Fund (Dividend Payout - Annually)

EquityIndex Funds

54.0206

NAV (Mar 05)

Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in index funds.

Click here to see our recommendations.

Index funds 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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

22 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

22 Cr. Negligible within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    No Lock-in
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Scheme Information

Investment 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 Nifty100 Equal Weight Index.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Low to Moderate Risk

0.96 %

Expense Ratio

Jul 27, 1999

Launched (22y ago)

₹ 22

AUM in Crores

INF173K01AH0

ISIN

No Lock-in

Lock-in

NIFTY 100 Equal Weighted Index PR INR

Benchmark

₹ 1,000

SIP Minimum

₹ 5,000

Lumpsum Min.

Fund Managers
user-avatar

Rajat Jain

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

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.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
    Inflation beating returns
  • Grow Wealth , Retirement , Kid's Education
    Grow Wealth , Retirement , Kid's Education
  • One click investing  tracking
    One click investing tracking
comparison

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HDFC Index Nifty 50 fund (G)

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HDFC Top 100 Fund (G)

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Nippon India Growth Fund (G)

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About the AMC

Principal Asset Management Private Limited

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.

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  • tel-amc-about
    022-67720555
  • mail-amc-about
    customer@principalindia.com
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    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
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    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    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

    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

    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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    About Principal Nifty 100 Equal Weight Fund (DP-A)

    About Principal Nifty 100 Equal Weight Fund (DP-A)

    Principal Nifty 100 Equal Weight Fund (DP-A) is a index funds equity fund and has delivered an annualised return of 10.9% over a period of 22 years .The fund was previously known as Principal Index Nifty DP.The fund is managed by Principal Asset Management Private Limited.The fund manager’s name is Rajat Jain.

    Principal Nifty 100 Equal Weight Fund (DP-A) Investment 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 Nifty100 Equal Weight Index. However, there is no assurance that the objective of the scheme will be realized.

    Principal Nifty 100 Equal Weight Fund (DP-A) NAV,AUM,Risk

    The Principal Nifty 100 Equal Weight Fund (DP-A) fund was launched on Jul 27, 1999. The NAV (Net Asset Value) of this index funds equity as of 2021-03-05 is ₹ 54.0206. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 21.240. The category risk of the Principal Nifty 100 Equal Weight Fund (DP-A) fund is Low to Moderate Risk. The fund charges 0.96 % as expense ratio.

    Principal Nifty 100 Equal Weight Fund (DP-A) Holdings

    The fund’s highest allocation is towards equity and has invested 99.7% in this asset class. The top three holdings of the fund are 91 dtb 04022021,91 dtb 29042021 and tata motors ltd

    Principal Nifty 100 Equal Weight Fund (DP-A) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 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 Nifty 100 Equal Weight 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 NIFTY 100 Equal Weighted Index PR INR

    Principal Nifty 100 Equal Weight Fund (DP-A) Review

    Principal Nifty 100 Equal Weight Fund (DP-A) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Principal Nifty 100 Equal Weight Fund (DP-A) has a score of 1 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.

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