Name of Fund: Principal Mid & Small Cap Fund
Scheme: An open-ended equity scheme.
Objective: The primary objective of the scheme is to achieve long-term capital appreciation by investing in equity and equity related instruments of mid cap & small cap companies.
Investment options: The scheme offers investment under two options namely dividend and growth. Under dividend option, the unit holder will have dividend payout, reinvestment, and sweep facilities.
Asset Allocation: The scheme will invest 65-100% of its portfolio equity and equity related instruments of mid cap companies. The scheme will invest 5-15% in equity and equity related instruments of small cap companies. The scheme will have 0-30% equity and equity related instruments of companies other than mid & small cap companies. Overall the investment in equities will be 70%-100%. The scheme will invest up to 30% in cash and money market / fixed income securities including MIBOR linked short term papers.
Face Value: Rs 10.
Entry Load: There will be an entry load of 2.25% for investments less than Rs 3 crore. However there will not be any entry load charged for the investment above Rs 3 crore.
Exit Load: For applications below Rs. 3 crore: The scheme will charge an exit load of 1.50% if investment redeemed on or before 180 days from the date of allotment. There will be an exit load of 1.00% if redemptions made after 180 days but on or before 365 days from the date of allotment. There will not be any exit load charged on the redemptions made after 365 days from the date of allotment.
For applications of Rs. 3 crore and above: The scheme will charge an exit load of 0.50% if investment redeemed on or before 180 days from the date of allotment. There will not be any exit load charged on the redemptions made after 180 days from the date of allotment.
Minimum Investment Amount: The minimum investment amount is Rs. 5000 and any amount thereafter.
Minimum targeted amount: Rs 10 lakh
Benchmark index: CNX Midcap Index
Fund manager: Mr. Pankaj Tibrewal
Scheme: An open-ended equity scheme.
Objective: The primary objective of the scheme is to achieve long-term capital appreciation by investing in equity and equity related instruments of mid cap & small cap companies.
Investment options: The scheme offers investment under two options namely dividend and growth. Under dividend option, the unit holder will have dividend payout, reinvestment, and sweep facilities.
Asset Allocation: The scheme will invest 65-100% of its portfolio equity and equity related instruments of mid cap companies. The scheme will invest 5-15% in equity and equity related instruments of small cap companies. The scheme will have 0-30% equity and equity related instruments of companies other than mid & small cap companies. Overall the investment in equities will be 70%-100%. The scheme will invest up to 30% in cash and money market / fixed income securities including MIBOR linked short term papers.
Face Value: Rs 10.
Entry Load: There will be an entry load of 2.25% for investments less than Rs 3 crore. However there will not be any entry load charged for the investment above Rs 3 crore.
Exit Load: For applications below Rs. 3 crore: The scheme will charge an exit load of 1.50% if investment redeemed on or before 180 days from the date of allotment. There will be an exit load of 1.00% if redemptions made after 180 days but on or before 365 days from the date of allotment. There will not be any exit load charged on the redemptions made after 365 days from the date of allotment.
For applications of Rs. 3 crore and above: The scheme will charge an exit load of 0.50% if investment redeemed on or before 180 days from the date of allotment. There will not be any exit load charged on the redemptions made after 180 days from the date of allotment.
Minimum Investment Amount: The minimum investment amount is Rs. 5000 and any amount thereafter.
Minimum targeted amount: Rs 10 lakh
Benchmark index: CNX Midcap Index
Fund manager: Mr. Pankaj Tibrewal
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