|Min SIP Amount||₹500|
|NAV||₹270.85 (20 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹485 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.3%|
|HDFC Bank Ltd.||Financial||Equity||9.1%|
|Reliance Industries Ltd.||Energy||Equity||4.2%|
|Larsen & Toubro Ltd.||Construction||Equity||3.6%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.5%|
|State Bank of India||Financial||Equity||3.4%|
|Axis Bank Ltd.||Financial||Equity||3.1%|
|Bharti Airtel Ltd.||Communication||Equity||3.0%|
Principal Tax Savings 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 Tax Savings Fund Direct fund.The fund currently has an Asset Under Management(AUM) of ₹485 Cr and the Latest NAV as of 20 Jan 2021 is ₹270.85.
The Principal Tax Savings Fund Direct 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%.