Fund Details
Principal Personal Tax Saver Fund Direct
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.13% |
| NAV | ₹246.17 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹284 Cr |
Returns
Comparison
1. Exit load is zero
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. Higher expense ratio - 2.13%
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.9% |
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| Infosys Ltd. | Technology | Equity | 4.7% |
| Reliance Industries Ltd. | Energy | Equity | 4.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| State Bank of India | Financial | Equity | 3.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
| Axis Bank Ltd. | Financial | Equity | 3.0% |
Fund Managers
Principal Personal Tax Saver Fund Direct Details
Principal Personal Tax Saver Fund Direct is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. P V K Mohan is the Current Fund Manager of Principal Personal Tax Saver Fund Direct fund.The fund currently has an Asset Under Management(AUM) of ₹284 Cr and the Latest NAV as of 25 Jan 2021 is ₹246.17.
The Principal Personal Tax Saver Fund Direct is rated Moderately High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme is due for redemption in 2006. The scheme seeks capital appreciation with at least 80 per cent exposure to equities, FCDs, preference shares and bonds of companies. The scheme can make investments in money market instruments up to 20 per cent. The scheme offers liquidity through repurchase at NAV.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
