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Principal Personal Tax Saver Fund Direct-0.69%

19.27%
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%
NAV₹246.17 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size284 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
19.3%
3.8%
11.7%
11.7%
Category Average
18.1%
5.8%
13.5%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 19.3% returns per annum

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
ICICI Bank Ltd.FinancialEquity9.9%
HDFC Bank Ltd.FinancialEquity8.5%
Infosys Ltd.TechnologyEquity4.7%
Reliance Industries Ltd.EnergyEquity4.1%
Larsen & Toubro Ltd.ConstructionEquity3.9%
Kotak Mahindra Bank Ltd.FinancialEquity3.6%
State Bank of IndiaFinancialEquity3.5%
Tata Consultancy Services Ltd.TechnologyEquity3.2%
Bharti Airtel Ltd.CommunicationEquity3.1%
Axis Bank Ltd.FinancialEquity3.0%
See All

Fund Managers

P V K Mohan
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Ravi Gopalakrishnan
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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%.

Scheme Information Document(SID)

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

Compare Funds

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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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