|Min SIP Amount||₹500|
|NAV||₹252.93 (25 Jan 2021)|
|Fund Started||31 Mar 1996|
|Fund Size||₹485 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.8%|
|HDFC Bank Ltd.||Financial||Equity||8.5%|
|Reliance Industries Ltd.||Energy||Equity||4.0%|
|Larsen & Toubro Ltd.||Construction||Equity||3.8%|
|State Bank of India||Financial||Equity||3.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.2%|
|Bharti Airtel Ltd.||Communication||Equity||3.0%|
|Axis Bank Ltd.||Financial||Equity||2.9%|
Principal Tax Savings Fund is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 31 Mar 1996. P V K Mohan is the Current Fund Manager of Principal Tax Savings Fund fund.The fund currently has an Asset Under Management(AUM) of ₹485 Cr and the Latest NAV as of 25 Jan 2021 is ₹252.93.
The Principal Tax Savings Fund is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.