Home>Mutual Funds>Principal Mutual Fund>Principal Tax Savings Fund Direct
shareSHARE

Principal Tax Savings Fund Direct+0.82%

24.00%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Tax Savings Fund Direct

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.04%
NAV₹270.85 (20 Jan 2021)
Fund Started01 Jan 2013
Fund Size485 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
24.0%
5.0%
16.3%
15.1%
Category Average
19.4%
6.5%
14.3%
-
Rank Within Category
9
28
12
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 24.0% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.04%
3. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity9.3%
HDFC Bank Ltd.FinancialEquity9.1%
Infosys Ltd.TechnologyEquity4.3%
Reliance Industries Ltd.EnergyEquity4.2%
Larsen & Toubro Ltd.ConstructionEquity3.6%
Kotak Mahindra Bank Ltd.FinancialEquity3.5%
Tata Consultancy Services Ltd.TechnologyEquity3.5%
State Bank of IndiaFinancialEquity3.4%
Axis Bank Ltd.FinancialEquity3.1%
Bharti Airtel Ltd.CommunicationEquity3.0%
See All

Fund Managers

P V K Mohan
keyboard_arrow_down
Ravi Gopalakrishnan
keyboard_arrow_down

Principal Tax Savings Fund Direct Details

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.

Investment Objective

The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.

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)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

Compare Funds

Principal Tax Savings Fund Direct
VS
search

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
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Similar Funds