Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 15-01-2021)

267.53

3 YRS CAGR

(as on 15-01-2021)

4.61%

CAGR since inception

(since 01-01-2013)

15.19%

AUM

(as on 2020-12-31)

484.77 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
31.25%
Banks
10.09%
Software
9.37%
Pharmaceuticals
8.43%
Consumer Non Durables
8.28%
Petroleum Products
5.24%
Finance
3.83%
Construction Project
3.76%
Industrial Products
3.69%
Auto
3.04%
Telecom - Services
2.16%
Power
2.01%
Auto Ancillaries
1.88%
Consumer Durables
1.75%
Chemicals
1.41%
Ferrous Metals
1.26%
Pesticides
1.04%
Industrial Capital Goods
0.77%
Cement
0.17%
Gas
0.14%
Textile Products
0.04%
Hotels, Resorts And Other Recreational Activities
As on 2020-12-31
% to NET Assets
Name
9.85%
ICICI Bank Ltd.
8.47%
HDFC Bank Ltd.
4.93%
Infosys Ltd.
4.03%
Reliance Industries Ltd.
3.83%
Larsen & Toubro Ltd.
3.54%
State Bank of India
3.47%
Kotak Mahindra Bank Ltd.
3.20%
Tata Consultancy Services Ltd.
3.04%
Bharti Airtel Ltd.
2.94%
Axis Bank Ltd.
2.57%
Divi's Laboratories Ltd.
2.38%
Hindustan Unilever Ltd.
2.20%
Housing Development Finance Corporation Ltd.
2.10%
ITC Ltd.
2.03%
Maruti Suzuki India Ltd.
2.02%
Sun Pharmaceutical Industries Ltd.
1.99%
Polycab India Ltd.
1.92%
United Spirits Ltd.
1.88%
The Federal Bank Ltd.
1.78%
Hindustan Petroleum Corporation Ltd.
1.70%
Cipla Ltd.
1.59%
Reliance Industries Ltd.-Partly paid Right
1.41%
Tata Steel BSL Ltd.
1.39%
Rossari Biotech Ltd.
1.38%
Max Financial Services Ltd.
1.17%
Whirlpool of India Ltd.
1.17%
Torrent Power Ltd.
1.13%
IPCA Laboratories Ltd.
1.10%
IndusInd Bank Ltd.
1.02%
Tata Consumer Products Ltd.
1.01%
Nestle India Ltd.
1.00%
Aurobindo Pharma Ltd.
0.99%
NTPC Ltd.
0.98%
Mahindra & Mahindra Ltd.
0.96%
Astral Poly Technik Ltd.
0.95%
Cadila Healthcare Ltd.
0.92%
Bosch Ltd.
0.88%
Bharat Petroleum Corporation Ltd.
0.81%
AIA Engineering Ltd.
0.77%
Ultratech Cement Ltd.
0.71%
Blue Star Ltd.
0.68%
MindTree Ltd.
0.68%
Ashok Leyland Ltd.
0.67%
Tech Mahindra Ltd.
0.66%
Computer Age Management Services Ltd.
0.65%
Bayer Cropscience Ltd.
0.61%
HCL Technologies Ltd.
0.61%
PI Industries Ltd.
0.60%
CEAT Ltd.
0.58%
TREPS 01-Jan-2021
0.55%
SBI Cards & Payment Services Ltd.
0.55%
Bharat Electronics Ltd.
0.49%
Subros Ltd.
0.49%
Honeywell Automation India Ltd.
0.45%
SBI Life Insurance Company Ltd.
0.36%
Atul Ltd.
0.17%
Gujarat Gas Ltd.
0.14%
Page Industries Ltd.
0.04%
Chennai Super Kings Ltd.
0.03%
91 DAY T-BILL 04-Feb-2021
-0.22%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 16 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 managers

Sudhir Kedia

Sudhir Kedia

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