Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 13-12-2019)

213.64

3 YRS CAGR

(as on 13-12-2019)

11.37%

CAGR since inception

(since 01-01-2013)

14.05%

AUM

(as on 29-Nov-2019)

407.32 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 13-12-2019
* 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 13-12-2019
* 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.

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Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 13-12-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 29-Nov-2019
As on 29-Nov-2019
% of NAV
Sector
27.71%
Banks
11.01%
Consumer Non Durables
9.62%
Finance
7.98%
Software
7.06%
Petroleum Products
5.69%
Pharmaceuticals
3.90%
Construction Project
3.61%
Power
2.61%
Cement
2.58%
Textile Products
2.21%
Gas
1.96%
Auto
1.74%
Telecom - Services
1.69%
Auto Ancillaries
0.99%
Minerals/Mining
0.98%
Ferrous Metals
0.98%
Services
0.82%
Fertilisers
0.71%
Media & Entertainment
0.62%
Chemicals
0.51%
Non - Ferrous Metals
0.51%
Industrial Products
0.44%
Retailing
0.41%
Consumer Durables
0.25%
Construction
As on 29-Nov-2019
% to NET Assets
Name
8.00%
HDFC Bank Ltd.
6.62%
ICICI Bank Ltd.
6.11%
Reliance Industries Ltd.
4.03%
State Bank of India
3.95%
Infosys Ltd.
3.50%
Housing Development Finance Corporation Ltd.
3.39%
TREPS
3.37%
Kotak Mahindra Bank Ltd.
3.35%
ITC Ltd.
3.34%
Tata Consultancy Services Ltd.
3.10%
Larsen & Toubro Ltd.
2.23%
Tata Power Company Ltd.
2.20%
Marico Ltd.
2.14%
GlaxoSmithKline Consumer Healthcare Ltd.
2.07%
Max Financial Services Ltd.
1.97%
Axis Bank Ltd.
1.86%
Dabur India Ltd.
1.74%
Bharti Airtel Ltd.
1.66%
IndusInd Bank Ltd.
1.59%
Abbott India Ltd.
1.54%
GAIL (India) Ltd.
1.53%
Ultratech Cement Ltd.
1.49%
Sun Pharmaceutical Industries Ltd.
1.46%
Britannia Industries Ltd.
1.45%
Equitas Holdings Ltd.
1.38%
NTPC Ltd.
1.37%
City Union Bank Ltd.
1.29%
SRF Ltd.
1.27%
Hero MotoCorp Ltd.
1.22%
Exide Industries Ltd.
1.12%
Divi's Laboratories Ltd.
1.05%
Bajaj Finance Ltd.
0.99%
Coal India Ltd.
0.98%
Indian Railway Catering & Tourism Corporation Ltd.
0.96%
SBI Life Insurance Company Ltd.
0.95%
Hindustan Petroleum Corporation Ltd.
0.82%
Chambal Fertilisers and Chemicals Ltd.
0.80%
Ircon International Ltd.
0.80%
Page Industries Ltd.
0.69%
The Federal Bank Ltd.
0.69%
HCL Technologies Ltd.
0.69%
Maruti Suzuki India Ltd.
0.67%
Gujarat State Petronet Ltd.
0.64%
Zee Entertainment Enterprises Ltd.
0.64%
Tata Steel BSL Ltd.
0.62%
Tata Chemicals Ltd.
0.59%
ICICI Prudential Life Insurance Company Ltd.
0.57%
Dishman Carbogen Amcis Ltd.
0.51%
Astral Poly Technik Ltd.
0.51%
Hindalco Industries Ltd.
0.50%
Birla Corporation Ltd.
0.49%
Raymond Ltd.
0.48%
Aurobindo Pharma Ltd.
0.47%
MRF Ltd.
0.44%
Aditya Birla Fashion and Retail Ltd.
0.44%
Torrent Pharmaceuticals Ltd.
0.41%
Bajaj Electricals Ltd.
0.34%
Tata Steel Ltd.
0.30%
ACC Ltd.
0.28%
The India Cements Ltd.
0.25%
Gayatri Projects Ltd.
0.07%
364 DAY T-BILL 09-Jan-2020
0.07%
Chennai Super Kings Ltd.
-0.05%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

6 Yrs 346 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

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).

fund manager

Sudhir Kedia

Sudhir Kedia

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