|Min SIP Amount||₹500|
|NAV||₹309.04 (23 Jul 2021)|
|Fund Started||13 Sep 2017|
|Fund Size||₹549 Cr|
|ICICI Bank Ltd.||Financial||Equity||7.7%|
|HDFC Bank Ltd.||Financial||Equity||5.8%|
|Polycab India Ltd.||Engineering||Equity||4.0%|
|Maruti Suzuki India Ltd.||Automobile||Equity||3.3%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||PPE||3.2%|
|State Bank of India||Financial||Equity||3.0%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.8%|
|Bharti Airtel Ltd.||Communication||Equity||2.6%|
Principal Tax Savings Direct IDCW 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 IDCW Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹549 Cr and the Latest NAV as of 23 Jul 2021 is ₹309.04.
The Principal Tax Savings Direct IDCW Half Yearly is rated Very 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%.