Principal Mutual Fund Launches Principal Midcap Fund

Principal Midcap Fund

Principal Midcap Fund subscription will start on Dec 6th, 2019:

The Principal Mutual Fund launches a new NFO by the open-ended equity scheme. The NFO is the Principal Midcap Fund. The subscription started on 6th Dec 2019 and closed on 31st Dec 2019. The Risk factor of this scheme is moderately high.

Objectives of the scheme:

The objective of the scheme to increase the value of capital by investing in equity and equity-based investments. The scheme aimed to build a diversified portfolio.

This scheme will be launched on both Dividend and growth options. The allotment order will be issued after 5 working days from closing. If any case the application refused then the amount refund in 5 business days with an interest of 15% p.a.

Minimum Investment For Principal Midcap Fund:

The minimum subscription amount Rs 5,000 in multiples of Re1. For the additional purchase Rs 1000 in multiples of Re 1 and the offer price Rs 10 per unit.

Investment Pattern:

Instruments Minimum Maximum
Equity and equity-related Midcap companies 65% 100%
Equity and equity-related instruments other than Midcap companies 0 35%
Debt and Money Market Instruments 0 35%

The NFO investment pattern is a maximum of 100% and a minimum of 65% securities in equity and equity-related midcap companies and in other than midcap companies maximum of 35% security. The Debt and Money market Instruments planned to a maximum of 35% security.

The benchmark for the NFO is the NIFTY Midcap 100 Index – TRI. There is no entry load for this scheme. There is a limit up to 20% for retrieving units no charges will apply.  Above 20% of the unit declined from the company 1% of charges will be applicable.

Disclaimer: This article offers just information related to the scheme. It does not provide any advice or investment tips to investors. MF investments are set to market risk. Please consult your financial expert before invest. 

10 Reviews

who produces hydroxychloroquine win

erectile deformity

hydroxychloroquine high hydroxychloroquine meaning

hydroxyl chloroquine

chloroquinolone malaria hydroxychloroquine 200 mg tablets


Tugareriunreace hfyum


Tugareriunreace qydqz

sildenafil over the counter india

sildenafil price

hi pv ru cheap viagra online


do erectile sprays work

erectile rehabilitation program erectile dysfunction pills erectile vitimans herbal erection pills erectile disorder articles


Cialis Effet Placebo LesAuthego

Generic Staxyn - Cialis Penecillin And Amoxicillin Are Cialis Viagra Achat Suisse


Generic Provera With Free Shipping Price Overseas Amex Accepted Lexington StevKego

Zithromax Boots - cialis 5mg Cialis 5mg Avaliable On Line Purchase cialis tadalafil Vigra


Tadalafil Expedited StevKego

Cialis Tadalafil Cheapest Online - Cialis Faux Viagra Quebec cialis Healthy Male Viagra Offer


Fincar 5mg StevKego

Amoxil 100 - cialis prices What Is Cephalexin For Cialis Propecia For Sale

Write a Review

Read Previous

Buy Castrol India, Hindustan Zinc & Shipping Corporation Of India

Read Next

Hold Axis Bank; Target Rs. 750 & Infosys; Target Rs. 720

Translate »