Principal Emerging Bluechip Fund(HDS)

Principal Emerging Bluechip Fund(HDS)
Dividend Yearly
NA
Category
Equity - Mid Cap
52-week NAV high
107.29  (As on 28-11-2019)
52-week NAV low
93.15  (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 0.37 9.85 1.32 6.97 -1.73 10.44 12.94 10.99 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Nov 12, 2008
Last Dividend
NA
Minimum Investment
5000

Principal Asset Management Private Limited (previously known as Principal Pnb Asset Management Company Private Limited) is the asset management company (AMC) that is responsible for managing the Principal Mutual Fund. The trustee company to the mutual fund is Principal Trustee Company Private Limited. The Principal Financial Group is one of the leading investment managers in the world.

The Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option is an open-ended equity scheme that invests in both large cap stocks and mid cap stocks.

Investment Objectives of the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option

The principal objective of investment of the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option is to generate capital growth for long-term through investments made in the equity and instruments related to equity of different large cap companies and mid cap companies. However, there is no assurance for the realisation of the investment objectives.

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

The main features of the Principal Emerging Bluechip Fund - Half Yearly Sweep Option are as follows:

Type of fund

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

Plans available

  • Principal Emerging Bluechip Fund - Regular Plan
  • Principal Emerging Bluechip Fund - Direct Plan

Options under each plan

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

Type of security

Indicative Allocations (percentage of total assets)

Risk Profile

Minimum

Maximum

High/Medium/Low

Equity and instruments related to equity of large cap companies

35%

65%

High

Equity and instruments related to equity of mid cap companies

35%

65%

High

Other equity and instruments related to equity

0%

30%

High

Debt and Money market instruments and cash and cash equivalent

0%

30%

Low to Medium

NAV Disclosure and Benchmark of the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option

The Net Asset Value of NAV of the scheme is calculated and published by the end of every working day as per the recommendation of the SEBI (Mutual Fund) Regulations, 1996. The following formula is used to determine the NAV:

Net Asset Value (NAV) = (Market value or Fair value of securities under the scheme + Accrued Income + Receivables + Other Assets - Accrued Expenses - Payables - Other Liabilities) / Total Number of outstanding units under the scheme on the date of valuation.

The NAV is calculated up to 2 decimal places. The NAV is declared by 9:00 p.m. and is published on the official website of the mutual fund. It is also published on the AMFI website and in at least 2 national daily newspapers.

The benchmark of the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option is NIFTY Large Midcap 250 Index.

Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option Fund Manager

The Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep scheme is managed by Mr. Dhimant Shah. He is the Senior Fund Manager (Equity). He has a B.Com degree and also has the ACA qualification. He has been managing the fund since June 2011.

Why should you invest in Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option?

Principal Mutual Fund is a branch of the Principal Financial Group which is one of the leading investment management companies in the world. Principal Mutual Fund has a customer base of about 4 lakh people which is managed through 102 investor centres and 20,000 distributors across India. If the main aim of an investor is to earn long-term capital growth through predominant investments made in long cap and mid cap equities, the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep scheme is one of the best options.

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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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