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:
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Type of fund |
An open-ended equity scheme that invests in both large cap stocks and mid cap stocks. |
|
Plans available |
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Options under each plan |
|
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Risk |
Moderately High |
|
Systematic Investment Plan (SIP) |
Available |
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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 |
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Minimum additional investment |
Rs.1,000 and any amount subsequently |
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Minimum instalment for Systematic Investment Plan (SIP) |
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Minimum instalment for Regular Withdrawal Plan |
Under the Regular Withdrawal Plan, unitholders can choose from:
The redemption can be:
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:
The transfer can be made from one scheme to another or one plan to another, for the following:
Minimum amount: Rs.1,000 per instalment Minimum number of instalments: 6 instalments |
|
Entry Load |
N/A |
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Exit Load |
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Asset Allocation for the Principal Emerging Bluechip Fund - Half Yearly Dividend Sweep Option
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Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
|
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Minimum |
Maximum |
High/Medium/Low |
|
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Equity and instruments related to equity of large cap companies |
35% |
65% |
High |
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Equity and instruments related to equity of mid cap companies |
35% |
65% |
High |
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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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