Principal Personal Tax Saver Fund

Principal Personal Tax Saver Fund

NAV

(as on 15-01-2021)

249.75

3 YRS CAGR

(as on 15-01-2021)

4.06%

CAGR since inception

(since 01-01-2013)

11.79%

AUM

(as on 2020-12-31)

283.38 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 15-01-2021
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 15-01-2021
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 15-01-2021
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2020-12-31
As on 2020-12-31
% of NAV
Sector
31.33%
Banks
9.92%
Software
9.23%
Pharmaceuticals
8.64%
Consumer Non Durables
8.49%
Petroleum Products
5.39%
Finance
3.85%
Construction Project
3.82%
Industrial Products
3.76%
Auto
3.10%
Telecom - Services
2.24%
Power
1.98%
Consumer Durables
1.79%
Chemicals
1.60%
Auto Ancillaries
1.44%
Ferrous Metals
1.17%
Pesticides
1.05%
Industrial Capital Goods
0.81%
Cement
0.18%
Textile Products
0.17%
Gas
As on 2020-12-31
% to NET Assets
Name
9.94%
ICICI Bank Ltd.
8.49%
HDFC Bank Ltd.
4.65%
Infosys Ltd.
4.14%
Reliance Industries Ltd.
3.85%
Larsen & Toubro Ltd.
3.56%
Kotak Mahindra Bank Ltd.
3.55%
State Bank of India
3.24%
Tata Consultancy Services Ltd.
3.10%
Bharti Airtel Ltd.
3.05%
Axis Bank Ltd.
2.48%
Divi's Laboratories Ltd.
2.43%
Hindustan Unilever Ltd.
2.26%
Housing Development Finance Corporation Ltd.
2.17%
ITC Ltd.
2.08%
Sun Pharmaceutical Industries Ltd.
2.06%
Maruti Suzuki India Ltd.
2.00%
Polycab India Ltd.
1.97%
United Spirits Ltd.
1.89%
The Federal Bank Ltd.
1.85%
Hindustan Petroleum Corporation Ltd.
1.73%
Cipla Ltd.
1.61%
Reliance Industries Ltd.-Partly paid Right
1.44%
Tata Steel BSL Ltd.
1.44%
Max Financial Services Ltd.
1.42%
Rossari Biotech Ltd.
1.25%
Whirlpool of India Ltd.
1.18%
Torrent Power Ltd.
1.16%
IPCA Laboratories Ltd.
1.06%
NTPC Ltd.
1.05%
Tata Consumer Products Ltd.
1.02%
Nestle India Ltd.
1.01%
Mahindra & Mahindra Ltd.
0.99%
Astral Poly Technik Ltd.
0.92%
Aurobindo Pharma Ltd.
0.89%
Bharat Petroleum Corporation Ltd.
0.86%
Cadila Healthcare Ltd.
0.85%
IndusInd Bank Ltd.
0.83%
AIA Engineering Ltd.
0.82%
Bosch Ltd.
0.81%
Ultratech Cement Ltd.
0.73%
Blue Star Ltd.
0.71%
Tech Mahindra Ltd.
0.70%
MindTree Ltd.
0.69%
Ashok Leyland Ltd.
0.67%
Computer Age Management Services Ltd.
0.63%
PI Industries Ltd.
0.62%
HCL Technologies Ltd.
0.56%
SBI Cards & Payment Services Ltd.
0.56%
Bharat Electronics Ltd.
0.54%
Bayer Cropscience Ltd.
0.52%
CEAT Ltd.
0.49%
Honeywell Automation India Ltd.
0.46%
SBI Life Insurance Company Ltd.
0.38%
TREPS 01-Jan-2021
0.37%
Atul Ltd.
0.26%
Subros Ltd.
0.18%
Page Industries Ltd.
0.17%
Gujarat Gas Ltd.
0.03%
91 DAY T-BILL 04-Feb-2021
-0.37%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 17 Days

Performance

Suitable for

1. Long term capital growth with a three year lock-in.
2. Investment in equity and equity related securities including equity derivatives of large capitalization companies.

Investment Objective

To provide long term growth of capital. The Investment Manager will aim to achieve a return on assets in excess of the performance of S&P BSE 100 Index.

WHY INVEST IN Principal Personal Tax Saver Fund?

• The fund provides tax deduction under section 80C of the Income Tax Act.
• It is a diversified equity fund that invests in fundamentally strong companies across market capitalization.
• It aims to outperform benchmark across market cycles owing to its multi cap investment flexibility.

minimum investment

New Investor: Rs 500
Existing Investor: Rs 500

options

Both the Plans do not have any options at present

OTHER DETAILS

Exit Load:

Nil

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 500*
STP - Rs 500*
RWP - Rs 500*
(STP and RWP - Available after lock-in period)
*6 installments each

Cut Off Time

3.00 p.m. In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 3.00 p.m. and receipt of application (duly time stamped).
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fund managers

Sudhir Kedia

Sudhir Kedia

Mr. Sudhir Kedia has over 13 years of experience in research and asset...
funds managed