Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 10-07-2020)

198.54

3 YRS CAGR

(as on 10-07-2020)

0.03%

CAGR since inception

(since 01-01-2013)

11.81%

AUM

(as on 31-May-2020)

338.77 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 10-07-2020
* 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 10-07-2020
* 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 10-07-2020
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-May-2020
As on 31-May-2020
% of NAV
Sector
19.19%
Banks
12.22%
Consumer Non Durables
9.53%
Petroleum Products
8.19%
Software
8.11%
Finance
6.79%
Pharmaceuticals
4.58%
Auto
3.97%
Construction Project
3.39%
Industrial Products
2.91%
Consumer Durables
2.56%
Telecom - Services
2.46%
Cement
2.27%
Pesticides
2.15%
Power
1.98%
Auto Ancillaries
1.37%
Textile Products
1.16%
Construction
1.05%
Ferrous Metals
1.05%
Gas
0.74%
Chemicals
0.49%
Industrial Capital Goods
0.39%
Retailing
0.09%
Media & Entertainment
As on 31-May-2020
% to NET Assets
Name
7.75%
Reliance Industries Ltd.
6.83%
HDFC Bank Ltd.
5.69%
ICICI Bank Ltd.
4.16%
Infosys Ltd.
3.97%
Larsen & Toubro Ltd.
3.46%
TREPS 01-Jun-2020
3.00%
Kotak Mahindra Bank Ltd.
2.97%
Tata Consultancy Services Ltd.
2.85%
Housing Development Finance Corporation Ltd.
2.84%
ITC Ltd.
2.83%
United Spirits Ltd.
2.64%
Hindustan Unilever Ltd.
2.56%
Bharti Airtel Ltd.
2.30%
Maruti Suzuki India Ltd.
2.27%
State Bank of India
2.15%
NTPC Ltd.
2.11%
Tata Consumer Products Ltd.
1.93%
Sun Pharmaceutical Industries Ltd.
1.80%
Divi's Laboratories Ltd.
1.72%
Bajaj Finserv Ltd.
1.66%
Max Financial Services Ltd.
1.51%
Abbott India Ltd.
1.40%
Axis Bank Ltd.
1.37%
Page Industries Ltd.
1.31%
Bayer Cropscience Ltd.
1.28%
Hindustan Petroleum Corporation Ltd.
1.24%
Whirlpool of India Ltd.
1.19%
Mahindra & Mahindra Ltd.
1.18%
Bajaj Finance Ltd.
1.17%
Titan Company Ltd.
1.16%
Kajaria Ceramics Ltd.
1.09%
Eicher Motors Ltd.
1.07%
WABCO India Ltd.
1.06%
Wipro Ltd.
1.05%
GAIL (India) Ltd.
1.04%
Ultratech Cement Ltd.
1.00%
Britannia Industries Ltd.
0.94%
Shree Cement Ltd.
0.90%
Natco Pharma Ltd.
0.76%
Tata Steel BSL Ltd.
0.76%
Astral Poly Technik Ltd.
0.74%
Atul Ltd.
0.70%
HDFC Life Insurance Company Ltd.
0.63%
Bharat Forge Ltd.
0.62%
SKF India Ltd.
0.53%
Motherson Sumi Systems Ltd.
0.53%
Finolex Cables Ltd.
0.52%
UPL Ltd.
0.50%
VIP Industries Ltd.
0.49%
Jubilant Foodworks Ltd.
0.49%
Honeywell Automation India Ltd.
0.48%
Birla Corporation Ltd.
0.47%
IPCA Laboratories Ltd.
0.46%
SRF Ltd.
0.44%
PI Industries Ltd.
0.39%
AIA Engineering Ltd.
0.38%
Exide Industries Ltd.
0.31%
Dabur India Ltd.
0.29%
Tata Steel Ltd.
0.29%
Aditya Birla Fashion and Retail Ltd.
0.18%
Torrent Pharmaceuticals Ltd.
0.10%
Avenue Supermarts Ltd.
0.09%
Chennai Super Kings Ltd.
0.09%
91 DAY T-BILL 11-Jun-2020
-0.19%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 Yrs 193 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 further notice). 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 1.00 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