Principal Tax Savings Direct Dividend Half Yearly+0.38%

3
-8.05%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Tax Savings Direct Dividend Half Yearly

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.05%
NAV198.83 (07 Jul 2020)
Fund Started13 Sep 2017
Fund Size339 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Tax Savings Direct Dividend Half Yearly
-8.1%
0.3%
6.4%
11.7%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
29
23
13
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -8.1% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 2.05%
    4. 5Y Returns are lower than the category average returns

    Top Holdings

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    Reliance Industries Ltd.EnergyEquity8.3%
    HDFC Bank Ltd.FinancialEquity6.8%
    ICICI Bank Ltd.FinancialEquity5.7%
    Infosys Ltd.TechnologyEquity4.2%
    Larsen & Toubro Ltd.ConstructionEquity4.0%
    Kotak Mahindra Bank Ltd.FinancialEquity3.0%
    Tata Consultancy Services Ltd.TechnologyEquity3.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.9%
    ITC Ltd.FMCGEquity2.8%
    United Spirits Ltd.FMCGEquity2.8%
    See All

    Fund Managers

    addP V K Mohan
    Education
    Mr. Mohan is a B.E (Electrical) and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with UTI AMC.
    Funds Managed
    addRavi Gopalakrishnan
    Education
    Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
    Experience
    Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
    Funds Managed

    Principal Tax Savings Direct Dividend Half Yearly Details

    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.

    Investment Objective

    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.

    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

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    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,
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