Principal Large Cap Fund was launched in the month October of 2020. We had reviewed the NFO of this scheme in our post, why invest in Principal Large Cap Fund NFO. Large cap funds must invest at least 80% of their assets in stocks of the 100 largest companies by market capitalization. An interesting feature of this fund is that, it also invests about 15% of its portfolio in US stocks. Though it is too early to review the performance of this scheme, we will recap in brief characteristics of large cap funds, why should large caps form the core of your investment portfolio and if this is a good time to invest in Principal Large Cap Fund.
Principal Large Cap Fund was launched on 19th October 2020 and has around Rs 302 Crores of assets under management (AUM) as at 31st Dec 2020. The expense ratio of the scheme is 2.39%. Sudhir Kedia and Anirvan Sarkar are the fund managers of this scheme. The salient features of the scheme are as follows:-
Source: Principal MF as on 31st July 2020.
Principal Large Cap Fund has completed nearly 3 months since launch. Though it is too early to analyze the performance of this scheme, it has been off to a good start rising more than 20% since inception. You need to have high risk appetite and a long investment horizon (at least 5 plus years) to invest in this fund. You can invest in this fund either in lump sum or SIP depending on your investment needs and financial situation. Investors should consult with their financial advisors if Principal Large Cap Fund is suitable for their investment needs.
Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.
Aug 29, 2019
Aug 26, 2019
Aug 24, 2019
Aug 19, 2019
Aug 18, 2019
Aug 16, 2019
Aug 4, 2019
Aug 16, 2024 by Advisorkhoj Team
Aug 16, 2024 by Advisorkhoj Team
Aug 12, 2024 by Axis Mutual Fund
Aug 12, 2024 by Advisorkhoj Team
Aug 9, 2024 by Advisorkhoj Team