Principal Personal Tax Saver Fund Direct-1.14%

3.99%
1 Year Return
Equity
ELSS
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Personal Tax Saver Fund Direct

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio2.13%
NAV201.19 (28 Oct 2020)
Fund Started01 Jan 2013
Fund Size235 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Personal Tax Saver Fund Direct
4.0%
-1.0%
5.3%
9.0%
Category Average
1.8%
1.5%
7.2%
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 4.0% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    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

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.8%
    ICICI Bank Ltd.FinancialEquity6.2%
    Reliance Industries Ltd.EnergyEquity5.6%
    Infosys Ltd.TechnologyEquity5.1%
    Tata Consultancy Services Ltd.TechnologyEquity4.0%
    Larsen & Toubro Ltd.ConstructionEquity3.4%
    Kotak Mahindra Bank Ltd.FinancialEquity3.1%
    Hindustan Unilever Ltd.FMCGEquity2.5%
    Nestle India Ltd.FMCGEquity2.3%
    Bharti Airtel Ltd.CommunicationEquity2.3%
    See All

    Fund Managers

    addP V K Mohan
    Education
    Mr. Mohan is a B.E (Electrical) and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with UTI AMC.
    Funds Managed
    addRavi Gopalakrishnan
    Education
    Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
    Experience
    Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
    Funds Managed

    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 ₹235 Cr and the Latest NAV as of 28 Oct 2020 is ₹201.19.

    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%.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About Principal Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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