Principal Mutual Fund launches Principal Midcap Fund

NFO period: 06^th December – 20^th December, 2019

Highlights of the NFO:

• Scheme type – An open ended equity scheme predominantly investing in mid cap stocks


• Investment objective – To generate long term capital appreciation by predominantly investing in equity and equity related instruments of midcap companies. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term capital Growth by investing in equity and equity related instruments of midcap companies.


• Minimum Application Amount – First investment is Rs. 5,000/-


• Plan/ Options available – Regular Plan & Direct Plan having Growth and Dividend Option.


• Fund Managers – Mr. Ravi Gopalakrishnan and Mr. Sudhir Kedia


• Benchmark – NIFTY Midcap 100 Index – TRI