Principal Tax Savings Fund Direct is a Equity Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. P V K Mohan is the Current Fund Manager of Principal Tax Savings Fund Direct.The fund currently has an Asset Under Management(AUM) of ₹401 Cr and the Latest NAV as of 21 Nov 2019 is ₹211.89.
The Principal Tax Savings Fund Direct is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
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%.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment