Principal Tax Savings Regular Dividend Half Yearly is a Equity Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 13 Sep 2017. P V K Mohan is the Current Fund Manager of Principal Tax Savings Regular Dividend Half Yearly.The fund currently has an Asset Under Management(AUM) of ₹381 Cr and the Latest NAV as of 23 Aug 2019 is ₹186.8.
The Principal Tax Savings Regular Dividend Half Yearly is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
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