Fund Details
Principal Tax Savings Regular IDCW Half Yearly
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.54% |
| NAV | ₹266.68 (07 May 2021) |
|---|---|
| Fund Started | 13 Sep 2017 |
| Fund Size | ₹503 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.54%
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.0% |
| HDFC Bank Ltd. | Financial | Equity | 7.2% |
| Infosys Ltd. | Technology | Equity | 5.2% |
| State Bank of India | Financial | Equity | 3.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.7% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.2% |
| Polycab India Ltd. | Engineering | Equity | 3.1% |
| Axis Bank Ltd. | Financial | Equity | 3.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.9% |
Fund Managers
Principal Tax Savings Regular IDCW Half Yearly Details
Principal Tax Savings Regular 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 Regular IDCW Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹503 Cr and the Latest NAV as of 07 May 2021 is ₹266.68.
The Principal Tax Savings Regular IDCW Half Yearly is rated Very 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%.
