|Min SIP Amount||₹2000|
|NAV||₹12.69 (03 Jul 2020)|
|Fund Started||14 Dec 2015|
|Fund Size||₹2 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.5%|
|HDFC Bank Ltd.||Financial||Equity||7.2%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.1%|
|Bharti Airtel Ltd.||Communication||Equity||3.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.1%|
|Maruti Suzuki India Ltd.||Automobile||Equity||2.7%|
|Divi's Laboratories Ltd.||Healthcare||Equity||2.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.4%|
Principal Retirement Savings Fund Progressive Plan Direct Growth is a Others Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 14 Dec 2015. Rajat Jain is the Current Fund Manager of Principal Retirement Savings Fund Progressive Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2 Cr and the Latest NAV as of 03 Jul 2020 is ₹12.69.
The Principal Retirement Savings Fund Progressive Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 2000. Minimum Lumpsum Investment is 5000.
The objective of the Plan is to provide long term total return by seeking capital appreciation through investments made primarily in equity mutual funds with some allocation to debt/money market mutual funds and Gold ETFs.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.