|Min SIP Amount||₹500|
|NAV||₹196.07 (05 Aug 2020)|
|Fund Started||31 Mar 1996|
|Fund Size||₹366 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.3%|
|HDFC Bank Ltd.||Financial||Equity||7.8%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.8%|
|Larsen & Toubro Ltd.||Construction||Equity||3.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.9%|
|Bharti Airtel Ltd.||Communication||Equity||2.9%|
|United Spirits Ltd.||FMCG||Equity||2.6%|
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 ₹366 Cr and the Latest NAV as of 05 Aug 2020 is ₹196.07.
The Principal Tax Savings Fund is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Aims at providing long term capital appreciation and to enable the investors to realise the tax benefits provided under section 88 of the Income Tax Act, 1961.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.