Fund Details
Principal Equity Savings Fund IDCW Half Yearly
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.38% |
| NAV | ₹13.61 (07 May 2021) |
|---|---|
| Fund Started | 23 May 2002 |
| Fund Size | ₹64 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.38%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Maruti Suzuki India Ltd. | Automobile | Equity | 7.8% |
| GOI | Sovereign | GOI Sec | 6.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.2% |
| Polycab India Ltd. | Engineering | Equity | 3.7% |
| HDFC Bank Ltd. | Financial | Equity | 3.2% |
| Reliance Industries Ltd. | Energy | Equity | 3.1% |
| Punjab National Bank | Financial | Term Deposits | 2.4% |
| ITC Ltd. | FMCG | Equity | 2.3% |
| Indusind Bank Ltd. | Financial | Equity | 2.0% |
Fund Managers
Principal Equity Savings Fund IDCW Half Yearly Details
Principal Equity Savings Fund IDCW Half Yearly 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 IDCW Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹64 Cr and the Latest NAV as of 07 May 2021 is ₹13.61.
The Principal Equity Savings Fund IDCW Half Yearly is rated High risk. Minimum SIP Investment is set to 500.
Investment Objective
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.
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.
