|Min SIP Amount||₹500|
|NAV||₹44.08 (09 Apr 2021)|
|Fund Started||23 May 2002|
|Fund Size||₹64 Cr|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|Maruti Suzuki India Ltd.||Automobile||Equity||5.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.3%|
|Polycab India Ltd.||Engineering||Equity||3.5%|
|HDFC Bank Ltd.||Financial||Equity||3.3%|
|Reliance Industries Ltd.||Energy||Equity||2.8%|
|Punjab National Bank||Financial||Term Deposits||2.4%|
|Indusind Bank Ltd.||Financial||Equity||2.2%|
Principal Equity Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 23 May 2002. P V K Mohan, Pankaj Jain is the Current Fund Manager of Principal Equity Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹64 Cr and the Latest NAV as of 09 Apr 2021 is ₹44.08.
The Principal Equity Savings Fund Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme aims to provide capital appreciation and income distribution by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
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.