Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 25-09-2020)

203.61

3 YRS CAGR

(as on 25-09-2020)

-0.87%

CAGR since inception

(since 01-01-2013)

11.83%

AUM

(as on 2020-08-31)

402.96 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-09-2020
* 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 25-09-2020
* 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 25-09-2020
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2020-08-31
As on 2020-08-31
% of NAV
Sector
20.31%
Banks
11.10%
Consumer Non Durables
10.60%
Software
8.74%
Petroleum Products
7.17%
Pharmaceuticals
5.79%
Finance
3.40%
Auto Ancillaries
3.38%
Construction Project
3.26%
Power
3.09%
Auto
2.89%
Consumer Durables
2.74%
Industrial Products
2.60%
Telecom - Services
2.23%
Chemicals
1.81%
Pesticides
1.76%
Cement
1.53%
Ferrous Metals
1.24%
Construction
1.16%
Textile Products
1.05%
Industrial Capital Goods
0.91%
Gas
0.58%
Retailing
0.52%
Non - Ferrous Metals
0.07%
Media & Entertainment
As on 2020-08-31
% to NET Assets
Name
7.41%
HDFC Bank Ltd.
6.98%
Reliance Industries Ltd.
6.52%
ICICI Bank Ltd.
4.84%
Infosys Ltd.
3.56%
Tata Consultancy Services Ltd.
3.38%
Larsen & Toubro Ltd.
2.88%
Kotak Mahindra Bank Ltd.
2.60%
Bharti Airtel Ltd.
2.53%
Hindustan Unilever Ltd.
2.31%
ITC Ltd.
2.23%
Divi's Laboratories Ltd.
2.19%
United Spirits Ltd.
2.14%
Housing Development Finance Corporation Ltd.
2.04%
Nestle India Ltd.
1.98%
State Bank of India
1.91%
MRF Ltd.
1.81%
Sun Pharmaceutical Industries Ltd.
1.80%
TREPS 01-Sep-2020
1.78%
NTPC Ltd.
1.52%
Axis Bank Ltd.
1.48%
Torrent Power Ltd.
1.45%
Max Financial Services Ltd.
1.43%
Rossari Biotech Ltd.
1.39%
Mahindra & Mahindra Ltd.
1.24%
Kajaria Ceramics Ltd.
1.24%
Abbott India Ltd.
1.19%
Bayer Cropscience Ltd.
1.19%
Tata Steel BSL Ltd.
1.16%
Page Industries Ltd.
1.13%
Whirlpool of India Ltd.
1.12%
MindTree Ltd.
1.12%
Maruti Suzuki India Ltd.
1.11%
Tata Consumer Products Ltd.
1.08%
Tech Mahindra Ltd.
0.96%
IPCA Laboratories Ltd.
0.94%
Hindustan Petroleum Corporation Ltd.
0.91%
GAIL (India) Ltd.
0.89%
AIA Engineering Ltd.
0.89%
Blue Star Ltd.
0.87%
Ultratech Cement Ltd.
0.84%
HDFC Asset Management Company Ltd.
0.82%
Astral Poly Technik Ltd.
0.82%
Reliance Industries Ltd. - Partly paid Right
0.80%
Atul Ltd.
0.78%
Exide Industries Ltd.
0.62%
PI Industries Ltd.
0.58%
SKF India Ltd.
0.58%
Ashok Leyland Ltd.
0.58%
Honeywell Automation India Ltd.
0.56%
Avenue Supermarts Ltd.
0.55%
VIP Industries Ltd.
0.52%
National Aluminium Company Ltd.
0.51%
Asian Paints Ltd.
0.48%
Birla Corporation Ltd.
0.47%
CEAT Ltd.
0.47%
Bharat Electronics Ltd.
0.47%
Bajaj Finserv Ltd.
0.47%
Bajaj Finance Ltd.
0.45%
SRF Ltd.
0.45%
Cipla Ltd.
0.42%
HDFC Life Insurance Company Ltd.
0.41%
Shree Cement Ltd.
0.34%
Tata Steel Ltd.
0.32%
Titan Company Ltd.
0.31%
Natco Pharma Ltd.
0.26%
Dabur India Ltd.
0.24%
Motherson Sumi Systems Ltd.
0.21%
Cash & Cash Equivalents
0.17%
Torrent Pharmaceuticals Ltd.
0.15%
Britannia Industries Ltd.
0.07%
Chennai Super Kings Ltd.
0.06%
182 DAY T-BILL 12-Nov-2020
0.02%
Aditya Birla Fashion and Retail Ltd.

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 Yrs 269 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