Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 08-04-2020)

161.91

3 YRS CAGR

(as on 08-04-2020)

-3.55%

CAGR since inception

(since 01-01-2013)

9.15%

AUM

(as on 29-Feb-2020)

388.81 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 08-04-2020
* 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 08-04-2020
* 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 08-04-2020
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 29-Feb-2020
As on 29-Feb-2020
% of NAV
Sector
26.73%
Banks
11.96%
Consumer Non Durables
7.76%
Finance
6.95%
Software
6.77%
Petroleum Products
5.53%
Pharmaceuticals
4.40%
Construction Project
3.05%
Auto
2.55%
Textile Products
2.53%
Consumer Durables
2.51%
Power
2.15%
Cement
2.01%
Gas
1.98%
Auto Ancillaries
1.87%
Telecom - Services
1.55%
Construction
1.25%
Industrial Products
1.21%
Ferrous Metals
0.87%
Minerals/Mining
0.69%
Fertilisers
0.67%
Services
0.52%
Pesticides
0.51%
Retailing
0.48%
Industrial Capital Goods
0.46%
Chemicals
0.24%
Non - Ferrous Metals
0.08%
Media & Entertainment
As on 29-Feb-2020
% to NET Assets
Name
7.74%
HDFC Bank Ltd.
6.86%
ICICI Bank Ltd.
5.75%
Reliance Industries Ltd.
4.40%
Larsen & Toubro Ltd.
3.84%
Infosys Ltd.
3.62%
TREPS 02-Mar-2020
3.54%
Kotak Mahindra Bank Ltd.
3.47%
State Bank of India
3.47%
Housing Development Finance Corporation Ltd.
3.11%
Tata Consultancy Services Ltd.
3.09%
Max Financial Services Ltd.
2.81%
ITC Ltd.
2.51%
NTPC Ltd.
2.51%
Axis Bank Ltd.
2.40%
GlaxoSmithKline Consumer Healthcare Ltd.
1.93%
Dabur India Ltd.
1.87%
Bharti Airtel Ltd.
1.68%
United Spirits Ltd.
1.66%
Abbott India Ltd.
1.61%
Maruti Suzuki India Ltd.
1.59%
Ultratech Cement Ltd.
1.55%
Kajaria Ceramics Ltd.
1.54%
Sun Pharmaceutical Industries Ltd.
1.48%
Britannia Industries Ltd.
1.46%
GAIL (India) Ltd.
1.44%
Hero MotoCorp Ltd.
1.38%
City Union Bank Ltd.
1.38%
Divi's Laboratories Ltd.
1.36%
Exide Industries Ltd.
1.28%
Tata Consumer Products Ltd.
1.20%
Bajaj Finance Ltd.
1.12%
Whirlpool of India Ltd.
1.02%
Page Industries Ltd.
0.98%
SRF Ltd.
0.89%
Tata Steel BSL Ltd.
0.87%
Coal India Ltd.
0.71%
VIP Industries Ltd.
0.71%
Finolex Cables Ltd.
0.70%
Hindustan Petroleum Corporation Ltd.
0.70%
Voltas Ltd.
0.70%
The Federal Bank Ltd.
0.69%
Coromandel International Ltd.
0.67%
Indian Railway Catering & Tourism Corporation Ltd.
0.56%
Birla Corporation Ltd.
0.55%
Raymond Ltd.
0.55%
Gujarat State Petronet Ltd.
0.54%
Astral Poly Technik Ltd.
0.53%
IndusInd Bank Ltd.
0.52%
Bayer Cropscience Ltd.
0.51%
Aditya Birla Fashion and Retail Ltd.
0.51%
Natco Pharma Ltd.
0.48%
Bharat Electronics Ltd.
0.46%
Tata Chemicals Ltd.
0.44%
Torrent Pharmaceuticals Ltd.
0.38%
Marico Ltd.
0.32%
Castrol India Ltd.
0.32%
MRF Ltd.
0.32%
Tata Steel Ltd.
0.30%
Balkrishna Industries Ltd.
0.24%
Hindalco Industries Ltd.
0.08%
364 DAY T-BILL 20-Mar-2020
0.08%
Chennai Super Kings Ltd.
-0.98%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 Yrs 98 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 companies across market capitalization.

Investment Objective

To build a high quality growth-oriented portfolio to provide long term capital gains to investors. The scheme aims at providing returns through capital appreciation.

WHY INVEST IN Principal Tax Savings Fund?

• This fund provides tax deduction under section 80C of Income Tax Act 1961.
• It aims at long term wealth creation for the investors.
• It is a diversified equity fund that seeks to invest in fundamentally strong companies across market capitalization.
• The fund seeks to outperform the benchmark across market cycles largely due to its muti-cap investment flexibility.
• The fund has almost 22 years track record across multiple market cycles.

minimum investment

New Investor: Rs 500
Existing Investor: Rs 500

options

Both the Plans offer Growth and Half yearly dividend option (w.e.f. Sept 11, 2017)

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

1.00 p.m (Applicable from 7th April till 17th April). 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).

fund manager

Sudhir Kedia

Sudhir Kedia

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