|Min SIP Amount||₹500|
|NAV||₹257.69 (22 Apr 2021)|
|Fund Started||31 Mar 1996|
|Fund Size||₹503 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.0%|
|HDFC Bank Ltd.||Financial||Equity||7.2%|
|State Bank of India||Financial||Equity||3.9%|
|Reliance Industries Ltd.||Energy||Equity||3.7%|
|Maruti Suzuki India Ltd.||Automobile||Equity||3.2%|
|Polycab India Ltd.||Engineering||Equity||3.1%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||3.0%|
|Kotak Mahindra 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 ₹503 Cr and the Latest NAV as of 22 Apr 2021 is ₹257.69.
The Principal Tax Savings Fund is rated Very 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%.