Fund Details
Principal Equity Savings Fund Dividend Half Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.45% |
| NAV | ₹13.21 (26 Nov 2020) |
|---|---|
| Fund Started | 23 May 2002 |
| Fund Size | ₹43 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
3. Age is more than 10 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.56%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.8% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.5% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Federal Bank Ltd. | Financial | Term Deposits | 4.6% |
| UTI Asset Management Company Ltd. | Financial | Equity | 3.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.7% |
| Punjab National Bank | Financial | Term Deposits | 3.5% |
| United Spirits Ltd. | FMCG | Equity | 2.6% |
| ITC Ltd. | FMCG | Equity | 2.5% |
Fund Managers
Principal Equity Savings Fund Dividend Half Yearly Details
Principal Equity Savings Fund Dividend 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 Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹43 Cr and the Latest NAV as of 26 Nov 2020 is ₹13.21.
The Principal Equity Savings Fund Dividend Half Yearly is rated Moderately 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.
