Principal Dividend Yield Fund(HD)-Direct Plan

Principal Dividend Yield Fund(HD)-Direct Plan
Dividend Yearly
0.54  (As on 17-06-2019)
Category
Equity - Others
52-week NAV high
41.82  (As on 03-06-2019)
52-week NAV low
36.76  (As on 22-08-2019)
Expense
2.0%  (As on 30-11-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -1.54 7.36 -1.20 3.52 1.29 12.66 12.85 8.80 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Jan 01, 2013
Last Dividend
0.54
Minimum Investment
5000

The Principal Mutual Fund is managed by Principal Asset Management Private Limited. The name of the trustee company is Principal Trustee Company Private Limited.

The Principal Dividend Yield Fund is an open-ended equity scheme that predominantly invests in stocks that yield dividends.

Investment Objectives of the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option

The main objective of investment of the scheme is to appreciate capital and/or facilitate the distribution of dividend through investments predominantly made in a portfolio of a wide range of companies that have high yielding dividends.

Key Features of the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option

The main features of the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option are as follows:

Type of fund

An open-ended equity scheme that predominantly invests in stocks that yield dividends.

Plans available

  • Principal Dividend Yield Fund - Regular Plan
  • Principal Dividend Yield Fund - Direct Plan

Options under each plan

  • Principal Dividend Yield Fund - Regular Plan - Growth Option
  • Principal Dividend Yield Fund - Regular Plan - Half Yearly Dividend Option
    • Dividend Sweep Option
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • Principal Dividend Yield Fund - Direct Plan - Growth Option
  • Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Option
    • Dividend Sweep Option
    • Dividend Payout Option
    • Dividend Reinvestment Option

Risk

Moderately High

Systematic Investment Plan (SIP)

Available

Systematic Transfer Plan (STP)

Available

Regular Withdrawal Plan

Available

Investment Amount for the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option

Minimum application amount

Rs.5,000 and any amount subsequently

Minimum additional investment

Rs.1,000 and any amount subsequently

Minimum instalment for Systematic Investment Plan (SIP)

  • Monthly basis: Minimum amount: Rs.500 per instalment Minimum number of instalments: 12 instalments
  • Quarterly basis: Minimum amount: Rs.500 per instalment Minimum number of instalments: 12 instalments

Minimum instalment for Regular Withdrawal Plan

Under the Regular Withdrawal Plan, unitholders can choose from:

  • Monthly Regular Withdrawal Plan
  • Quarterly Regular Withdrawal Plan
  • Semi-Annual Regular Withdrawal Plan
  • Annual Regular Withdrawal Plan

The redemption can be:

  • A fixed number of units
  • A fixed amount

Minimum amount: Rs.500 per instalment Minimum number of instalments: 6 instalments

Minimum instalment for Systematic Transfer Plan (STP)

Under the Systematic Transfer Plan (STP), unitholders can choose from:

  • Daily Systematic Transfer Plan
  • Weekly Systematic Transfer Plan
  • Monthly Systematic Transfer Plan
  • Quarterly Systematic Transfer Plan
  • Semi-Annual Systematic Transfer Plan
  • Annual Systematic Transfer Plan

The transfer can be made from one scheme to another or one plan to another, for the following:

  • A fixed number of units
  • A fixed amount

Minimum amount: Rs.1,000 per instalment Minimum number of instalments: 6 instalments

Entry Load

N/A

Exit Load

  • If the units are redeemed on or before the completion of 1 year from the date of allotment of the units: 1%
  • If the units are redeemed after the completion of 1 year from the date of allotment of the units: Nil

Asset Allocation for the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option

Type of security

Indicative Allocations (percentage of total assets)

Risk Profile

Minimum

Maximum

High/Medium/Low

Equity and instruments related to equity of companies yielding high dividends

65%

100%

High

Debt Securities and Money Market Securities

0%

35%

Low to Medium

NAV Disclosure and Benchmark of the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option

The NAV or Net Asset Value is calculated for each unit under the scheme and published by the end of every working day. First, accrued income, other assets, and receivables are added to the market value or the fair value of securities under the scheme. Then the accrued expenses, payables, and liabilities are subtracted from the sum and the result is divided by the total number of units outstanding under the scheme, in order to ascertain the NAV. The NAV is rounded off to 2 decimal places and is published on the official website of the mutual fund as well as the AMFI website.

The benchmark of the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option is Nifty Dividend Opportunities 50 Index.

Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option Fund Manager

The Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option is managed by Mr. Dhimant Shah. He has been managing the fund since December 2011.

Why should you invest in the Principal Dividend Yield Fund - Direct Plan - Half Yearly Dividend Reinvestment Option?

Principal Mutual Fund is one of the oldest and fastest growing mutual funds. The investments are thoroughly strategised by the mutual fund and thus it is very reliable. This has helped the mutual fund build up a huge base of customers of over 4 lakh people. That makes the Principal Mutual Fund a great choice for investments.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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