Principal Emerging Bluechip Fund(G)

Principal Emerging Bluechip Fund(G)
Dividend Yearly
NA
Category
Equity - Mid Cap
52-week NAV high
107.26  (As on 28-11-2019)
52-week NAV low
93.12  (As on 22-08-2019)
Expense
2.07%  (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 0.91 12.70 0.60 6.68 -0.89 11.36 12.21 10.62 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Nov 12, 2008
Last Dividend
NA
Minimum Investment
5000

The Principal Emerging Bluechip Fund - Growth Option is ideal for investors who are looking to grow their capital investment over a long-term investment horizon. While this mutual fund invests 70% to 100% of its net assets in equity and equity-related instruments of large-cap and mid-cap companies, it can also invest up to 30% of its total assets in cash and money market instruments or fixed income securities in order to meet the liquidity requirements.

Under both the Regular and Direct plans that are available under this scheme, customers can opt for 2 investment options - the Growth Option and the Half-Yearly Dividend Option. Under the Dividend Option, there are 3 sub-categories namely Dividend Payout, Dividend Reinvestment, and Dividend Sweep.

Investment Objective of Principal Emerging Bluechip Fund - Growth Option

The primary investment objective of this scheme is to generate long-term capital growth appreciation by investing in equity and equity-related instruments of stocks from both large-cap and medium-cap companies. However, it should be noted that the asset management company (AMC) does not offer any assurance that this investment objective will be met and the investor will be able to receive guaranteed returns at the end of the investment tenure.

Key Features of Principal Emerging Bluechip Fund - Growth Option

This scheme carries several features that make it one of the best investment options available in the market. Check out the table mentioned below in order to learn about the significant features of Principal Emerging Bluechip Fund - Growth Option:

Type of fund

An open-ended equity scheme that invests in both large-cap and mid-cap stocks.

Plans available

  • Regular Plan
  • Direct Plan

Options under each plan

  • Growth Option
  • Half-Yearly Dividend Option
    • Dividend Reinvestment
    • Dividend Payout
    • Dividend Sweep

Risk

Moderately high

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Regular Withdrawal Plan

Available

Investment Amount for Principal Emerging Bluechip Fund - Growth Option

Learn about the various investment amounts applicable to this scheme mentioned in the following table:

Minimum application amount

  • New investor - Rs.5,000 and subsequently in multiples of Re.1
  • Existing investor - Rs.1,000 and subsequently in multiples of Re.1

Minimum additional investment

Any amount

Minimum installment for Systematic Investment Plan (SIP)

Rs.500 for a minimum of 12 installments

Minimum installment for Systematic Transfer Plan (STP)

Rs.1,000 for a minimum of 6 installments

Minimum installment for Regular Withdrawal Plan (RWP)

Rs.500 for a minimum of 6 installments

Entry Load

Not applicable

Exit Load

  • For switches and redemptions on or before 1 year starting from the date of allotment of units - 1%
  • For switches and redemptions after 1 year starting from the date of allotment of units - Nil

Asset Allocation for Principal Emerging Bluechip Fund - Growth Option

Instruments

Allocations (Percentage of total assets)

Risk Profile

Equity and equity-related instruments of large-cap companies

35% to 65%

High

Equity and equity-related instruments of mid-cap companies

35% to 65%

High

Equity and equity-related instruments of companies other than mid-cap and large-cap companies

0% to 30%

High

Debt which includes securitised debt, cash, money market instruments, and cash equivalent

0% to 30%

Low to medium

Please note that this scheme can invest a maximum of 30% of its net assets in securitised debts. This mutual fund can invest in equity derivatives up to 50% of its net assets subject to the limit imposed by the Securities and Exchange Board of India (SEBI) at the time. This scheme might also invest in foreign securities and derivatives based on the guidelines imposed by SEBI, Reserve Bank of India (RBI) or any other regulatory body.

It should be further noted that this fund might engage in short-selling of securities as per the SEBI framework. The scheme might also deploy up to 20% of its total in stock lending. While the maximum investment in ETFs can be 15% of the net assets, the same will be up to 30% in case of stocks listed on the SME platform of NSE and BSE. Additionally, the investment in foreign securities, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs) and can be up to 30% of the net assets. Furthermore, this scheme does not participate in repo or reverse repo of credit default swaps and corporate debt securities.

NAV Disclosure and Benchmark for Principal Emerging Bluechip Fund - Growth Option

NAV - Under this mutual fund scheme, the Net Asset Value (NAV) of the units for a particular day is used to determine the prices for the purchases and switch-outs worth equal to or more than Rs.2 lakh. The NAV shall be subject to realisation of the funds by 3:00 p.m., in addition to the time the application is received. The AMC must calculate the NAV for each working day and publish it in at least 2 daily newspapers with countrywide circulation. Additionally, the NAV should be updated on the official website of the AMC at www.principalindia.com. The AMC is also required to display the NAV on the website of the Association of Mutual Funds in India (AMFI) at www.amfiindia.com by 9:00 p.m. of each business day or any other time as outlined by the Securities and Exchange Board of India (SEBI) guidelines.

Benchmark Index - The benchmark followed by Principal Emerging Bluechip Fund - Growth Option is the NIFTY Large Midcap 250 Index.

Principal Emerging Bluechip Fund - Growth Option Fund Manager

The fund manager for Principal Emerging Bluechip Fund - Growth Option is Mr. Dhimant Shah who has been offering his expert counsel to the investors in this scheme since June 2011. With more than 26 years of experience in the stock market gathered while working with several renowned organisations, he helps unitholders select the right investment strategy to achieve their specific investment goals while staying in line with their unique risk-taking capacities.

Why You Should Invest in Principal Emerging Bluechip Fund - Growth Option

  • This scheme allows unitholders to earn high returns at the end of the investment tenure.
  • This mutual fund predominantly invests in large-cap and mid-cap companies with an aim to generate capital growth in the long run.
  • Investors can opt for the SIP, STP, and RWP facilities available under this scheme as per their convenience.

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