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Principal Emerging Bluechip Fund(HD)

Principal Emerging Bluechip Fund(HD)
Dividend Yearly
NA
Category
Equity - Mid Cap
52-week NAV high
112.89  (As on 31-08-2018)
52-week NAV low
93.64  (As on 09-10-2018)
Expense
2.35%  (As on 28-02-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 1.11 4.45 7.55 -4.85 6.44 15.26 10.68 20.60 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Nov 12, 2008
Last Dividend
NA
Minimum Investment
5000

Principal PNB Asset Management Company, the investment manager of Principal Mutual Fund, caters to both institutional and retail investors by offering a number of investment solutions. The company offers cutting-edge solutions to its customers that are process oriented and provide high levels of risk control. The company uses its local market knowledge and global expertise in terms of asset accumulation and management coupled with the 130 years’ experience of its parent company - Principal Financial Group - to recommend well-researched financial solutions to its more than 4 lakh investors. Furthermore, Principal PNB Asset Management Company also has 102 investor centres as well as over 20,000 empanelled distributors far and wide across the country using which it helps investors achieve their financial goals. The company not only manages the assets of investors through all economic conditions and market cycles but also offers long-term financial solutions that provide risk-adjusted returns.

Principal Emerging Bluechip Fund - Half Yearly Dividend Option is ideal for investors who are looking for long-term capital appreciation by investing in equity and equity-related securities. This also includes equity derivatives of stocks from large and medium capitalisation companies. This scheme features 2 investment options - Growth and Dividend - under both Regular and Direct plans. Furthermore, this investment plan carries 3 sub-options under the Dividend option - Sweep, Payout, and Reinvestment. When a unitholder opts for the Dividend option, he or she will be able to receive regular returns throughout the entire investment period.

Investment Objective of Principal Emerging Bluechip Fund - Half Yearly Dividend Option

The main investment objective of this scheme is to generate capital appreciation in the long-term investment horizon through investments in equity and equity-related instruments of large-cap and mid-cap companies. However, it should be noted that the asset management company (AMC) does not assure that this investment objective will be met and the scheme will offer guaranteed returns at the end of the investment tenure.

Key Features of Principal Emerging Bluechip Fund - Half Yearly Dividend Option

Learn about some of the noteworthy features of the Principal Emerging Bluechip Fund - Half Yearly Dividend Option by checking out the table mentioned below:

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 - Half Yearly Dividend Option

Before you invest in this scheme, you should find out about the various charges that you will be likely to pay. Some of these amounts are mentioned in the table below:

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 - Half Yearly Dividend 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

It should be noted that the maximum investment in securitised debt under this scheme will be 30% of the net assets of the mutual fund.

NAV Disclosure and Benchmark for Principal Emerging Bluechip Fund - Half Yearly Dividend Option

NAV - Under this scheme, the purchase and switch-out of units worth equal to or more than Rs.2 lakh will be based on the closing Net Asset Value (NAV) of the particular day. The NAV will be subject to realisation of the funds up to 3:00 p.m. as well as the receipt of the application. The AMC is required to calculate the NAV for every working day and publish it in a minimum of 2 daily newspapers that have circulation across India. The AMC should also update the NAV on its official website at www.principalindia.com. Furthermore, the NAV should also be displayed on the website of the Association of Mutual Funds in India (AMFI) at www.amfiindia.com by 9:00 p.m. of every business day or any other time according to the Securities and Exchange Board of India (SEBI) guidelines.

Benchmark Index - The benchmark followed by Principal Emerging Bluechip Fund - Half Yearly Dividend Option is NIFTY Large Midcap 250 Index.

Principal Emerging Bluechip Fund - Half Yearly Dividend Option Fund Manager

The fund manager for Principal Emerging Bluechip Fund - Half Yearly Dividend Option is Mr. Dhimant Shah who has been handling this scheme since June 2011. He has over 26 years of experience in the stock market and he uses his knowledge and prowess of the market to offer the right investment strategy to investors as per their investment goals and risk-taking capacity. Prior to joining the team of Principal Mutual Fund, Mr. Shah was working as a fund manager in HSBC Asset Management (India) Private Ltd. He has also worked in other renowned companies such as Reliance Capital Asset Management Ltd. (PMS), UTI Asset Management Company Ltd., and ASK Raymond James Securities Pvt. Ltd.

Why You Should Invest in Principal Emerging Bluechip Fund - Half Yearly Dividend Option

  • This scheme invests in large-cap and mid-cap companies to offer long-term capital growth.
  • SIP, STP, and RWP facilities are available under this scheme for the convenience of unitholders.
  • This investment plan offers high returns.

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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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