Amc logo

Principal Emerging Bluechip Fund Direct- Growth Principal Emerging Bluechip Fund Direct- Growth Principal Emerging Bluechip Fund Direct- Growth Principal Emerging Bluechip Fund Direct- Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 5000 1 rating rating rating rating rating Principal Emerging Bluechip Fund Direct- Growth 4 5

Equity Large & MidCap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

4.69%

3 Yrs CAGR returns

2.97%

5 Yrs CAGR returns

10.95%

NAV as on 25 Sep

₹ 113.93 by 2.53 ( 2.27%)

Expense ratio

0.99

Exit load

1%

Fund Size (Cr)

₹ 2236.32


start your investment

Error: This is a mandatory field

Digits Only

Note: We will verify this number in the next step

User already exists. Click here to Login

Error: This is a mandatory field

By clicking on "Proceed", I accept the
Mutual Funds Terms of Services.

Performance Graph*
Returns Calculator
rupee Digits Only

Error: This is a mandatory field

If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks to achieve long term capital appreciation by investing in equity & equity related instruments of large cap & midcap stocks.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 22.19
Chemicals 9.85
Health Care 9.03
Energy 7.61
Engineering 7.06
FMCG 6.23
Automobile 6.08
Technology 5.63
Services 4.84
Construction 4.47
Top 10 Sectors %
Crude Oil & Natural Gas 5.76
Banking 5.16
Electronic Equipts. 3.61
Computer Software 3.45
Banking 3.37
Drugs & Pharma 3.21
Telecom.Services 2.42
Hotels & Restaurants 2.36
Castings & Forgings 2.36
Organic Chemicals 2.34
Fund house details
Fund House Principal Mutual Fund
Fund Manager Dhimant Shah
Fund Setup Date 01 Jan 2013
Address Exchange Plaza - 2rd Floor - NSE Building, 'B' Wing-Bandra Kurla Complex, Bandra (East),
Contact 022 - 67720555, 1800 425 5600
Email ID customer@principalindia.com
More About This Fund

About Principal Emerging Bluechip Fund

With primary objective of wealth creation in the long term, Principal Emerging Bluechip Funds invests predominantly in equity and equity related instruments, mainly of bluechip companies. Although the focus is on large cap stocks, it does invest in a blend of large and mid cap shares.

It picks up mid cap firms that have attractive growth prospectus and are available at reasonable valuations. These mid cap stocks could possibly be future bluechip or large cap. It invests in various sectors such as FMCG, Chemicals, Healthcare, etc. with a majority of corpus invested in Financial sector.

Who Should Invest?

  • Investors aiming for wealth creation in the long term
  • Investors ready to invest in equities, related instruments and equity derivatives of large and mid cap stocks
  • Suitable for 3-5 years investment. Assuming you are going to be invested for a longer term, the SIP route of investment will help you reap the benefits of the power of compounding and  rupee cost averaging. (The fund does allow lump sum investments as well as SIP)

Risks

Bluechip or large cap stocks usually offer great returns in a bull market and are stable when markets are not favourable. However, sometimes they may underperform. Similarly, mid cap stocks may not grow in its unit rates as expected and would remain undervalued. Nothing can be guaranteed in equity investment, however, this fund scheme has a proven track record of almost 7 years since its inception across all market cycles.

Also Read: Best Large & Mid Cap Funds

Will You Pay Tax?

If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.

Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.

It should be noted that the investment in ELSS remains locked-in for 3 years.

The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.

Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.

How to Invest in Principal Emerging Bluechip Fund?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘Large Cap Funds
  • Type and search directly by the name of Principal Emerging Bluechip Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
  • Click on ‘Invest Now’, select either Lump sum or SIP

Why Should You Choose Paisabazaar?

  • Trusted website, no commission charges and no paperwork
  • You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC and then searching for numerous funds
  • Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses
  • Important scheme details such as latest Net Asset Value (NAV), expense ratio, assets under management, etc are also available on the portal, making it easier for consumers to pick a suitable fund

Frequently Asked Questions (FAQs)

Q. Should you invest in Principal Emerging Bluechip Fund?
A. If you can tolerate moderate risks and you can stay invested for a span of 3-5 years then you can consider the fund for substantial capital appreciation. It is also one of the highly ranked funds by CRISIL.

Q. What is a blue chip company and why is it called so?
A.
A renowned large capitalization with good reputation in the market is a blue chip company. The term ‘Blue Chip’ comes from the game of Poker in which blue chips hold the highest value.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A.
SIP (Systematic Investment Plan) is considered efficient and convenient mode of investment that is beneficial in the long term investment. It also reduces financial burden as one needs to invest periodically and provides the benefit of rupee averaging cost.

Q. What is the entry load for this fund?
A.
There is no applicable entry load on the aforementioned fund.

Q. What is the exit load for this scheme?
A.
If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.

Q. Is there any lock-in period for investment in this scheme?
A.
No. Investors can redeem their investment as per their wish and needs.

Q. What is the fund manager’s style of investment?
A.
Mr. Ravi Gopalakrishnan is the Fund Manager since October, 2019 who picks up a combination of large and mid cap stocks so as to bring some diversity and flexibility to the fund management to invest in firms of different sizes so as to achieve maximum gains.