Principal Emerging Bluechip Fund(HDP)-Direct Plan

Principal Emerging Bluechip Fund(HDP)-Direct Plan
Dividend Yearly
NA
Category
Equity - Mid Cap
52-week NAV high
87.13  (As on 28-11-2019)
52-week NAV low
75.42  (As on 22-08-2019)
Expense
0.95%  (As on 30-09-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 1.00 13.00 1.18 7.98 0.26 12.61 13.43 11.79 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
5000

The Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout scheme is offered by Principal Mutual Fund. This is managed by Principal Asset Management Private Limited. The parent body is the Principal Financial Group which is a global leader in investment management with over 130 years of experience in the field. Principal Mutual Fund manages the assets of more than 4 lakh customers and has 20,000 distributors who are empanelled throughout India.

The Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout scheme is ideal for those who are looking for both capital appreciation over a long period of time and regular income in the form of half-yearly dividends. This ensures that money grows while also being available for planned or unplanned events.

Investment Objective of Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

The principal objective of the fund is the achievement of capital appreciation over the long term through investments in mid-cap and large-cap companies. The investments are made in equity and related instruments.

Key Features of Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

Some of the significant features of the Principal Emerging Bluechip Fund are as indicated in the table below:

Type of fund

This is an equity scheme that is open-ended which invests in mid-cap and large-cap stocks.

Plans available

There are two plans available:

  1. Regular
  2. Direct

Options under each plan

The Regular and Direct plans have two options available:

  1. Growth
  2. Half-yearly dividend

The half-yearly dividend option for both the plans have the following facilities:

  1. Payout
  2. Reinvestment
  3. Sweep

Risk

Moderately High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Regular Withdrawal Plan

Available

Investment Amount for Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

Minimum application amount

Rs.5,000 and any amount subsequently

Minimum additional investment

Rs.1,000 and any amount subsequently

Minimum installment for Systematic Investment Plan (SIP)

Minimum of 12 instalments amounting to Rs.500 each

Minimum installment for Regular Withdrawal Plan

Minimum of 6 instalments amounting to Rs.500 each

Entry Load

NA

Exit Load

1% - if redeemed before a year of the allotment date

Asset Allocation for Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

Instruments

Indicative Allocations

(Percentage of total assets)

Risk Profile

Minimum

Maximum

Large-cap equity and related instruments

35

65

High

Mid-cap equity and related instruments

35

65

High

Equity and related instruments of other companies

0

30

High

Money market, debt, cash, and cash equivalent instruments

0

30

Low to medium

NAV Disclosure and Benchmark for Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

NAV Calculation: The NAV is calculated by adding up the market value of the securities with the accrued income, receivables, and other assets, subtracting the accrued expenses, payables, and other liabilities from it, and then dividing it by the number of outstanding units. This will be calculated to 2 decimal points.

NAV Disclosure: The NAV is disclosed by 9:00 p.m. every business day.

Fund liquidity: Units can be repurchased at NAV-based prices on all business days.

Benchmark Index: NIFTY Large Midcap 250 Index

Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout Manager

Mr. Dhimant Shah is the fund manager. He has been managing the scheme since 2011. He is the Senior Fund Manager - Equity, in Principal Mutual Fund. He has more than 26 years of experience in asset management. Prior to joining Principal Mutual Fund, he had worked with reputed mutual fund companies such as HSBC Asset Management (India) Private Ltd. and Reliance Capital Asset Management Ltd. among others.

Why you should Invest in Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout

There are several reasons why investing in Principal Emerging Bluechip Fund - Direct Plan - Half Yearly Dividend Payout will be a wise choice.

  1. A reliable and well-established mutual fund company: A parent company with more than 130 years of experience in the global asset management field and trusted by lakhs of investors worldwide, you can be sure that your money will be invested prudently.
  2. An experienced fund manager: With more than 26 years of experience in leading asset management firms, your money is in safe hands under the able management of the fund manager.
  3. Long-term appreciation of capital: Prudent and careful investments over the long term in diverse mid-cap and large-cap stocks ensure a steady but strong growth.
  4. Less expense ratio: The direct plan leads to less expense ratio which means greater savings and more money to invest.
  5. Regular income: The dividend payout option ensures a regular flow of income (in this case, half-yearly) that helps to cover any planned or unexpected expenses.

Diverse portfolio leading to stable growth: With a diverse portfolio that invests in both mid-cap and large-cap companies, and investing in equity, debt, money market, and cash instruments, your money is safe even in volatile market conditions.

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.

GST rate of 18% applicable for all financial services effective July 1, 2017.

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.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.