|Min SIP Amount||₹500|
|NAV||₹198.83 (07 Jul 2020)|
|Fund Started||13 Sep 2017|
|Fund Size||₹339 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.3%|
|HDFC Bank Ltd.||Financial||Equity||6.8%|
|ICICI Bank Ltd.||Financial||Equity||5.7%|
|Larsen & Toubro Ltd.||Construction||Equity||4.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.9%|
|United Spirits Ltd.||FMCG||Equity||2.8%|
Principal Tax Savings Direct Dividend Half Yearly is a Equity Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 13 Sep 2017. P V K Mohan is the Current Fund Manager of Principal Tax Savings Direct Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹339 Cr and the Latest NAV as of 07 Jul 2020 is ₹198.83.
The Principal Tax Savings Direct Dividend Half Yearly 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%.