Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 17-01-2020)

220.72

3 YRS CAGR

(as on 17-01-2020)

11.17%

CAGR since inception

(since 01-01-2013)

14.36%

AUM

(as on 31-Dec-2019)

408.17 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 17-01-2020
* 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 17-01-2020
* 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.

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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 17-01-2020
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-Dec-2019
As on 31-Dec-2019
% of NAV
Sector
27.82%
Banks
10.70%
Consumer Non Durables
9.61%
Finance
8.32%
Software
6.84%
Petroleum Products
5.52%
Pharmaceuticals
4.20%
Construction Project
3.60%
Power
3.34%
Textile Products
2.34%
Auto
2.29%
Gas
2.27%
Cement
2.03%
Auto Ancillaries
1.55%
Telecom - Services
1.09%
Ferrous Metals
1.02%
Services
1.02%
Minerals/Mining
0.80%
Media & Entertainment
0.72%
Fertilisers
0.67%
Construction
0.52%
Industrial Products
0.45%
Retailing
0.41%
Chemicals
0.31%
Non - Ferrous Metals
0.16%
Consumer Durables
As on 31-Dec-2019
% to NET Assets
Name
7.97%
HDFC Bank Ltd.
6.95%
ICICI Bank Ltd.
5.95%
Reliance Industries Ltd.
4.14%
Infosys Ltd.
3.66%
Housing Development Finance Corporation Ltd.
3.50%
Kotak Mahindra Bank Ltd.
3.49%
Tata Consultancy Services Ltd.
3.44%
Larsen & Toubro Ltd.
3.37%
State Bank of India
3.22%
ITC Ltd.
2.33%
Axis Bank Ltd.
2.19%
Tata Power Company Ltd.
2.19%
Max Financial Services Ltd.
2.08%
Marico Ltd.
2.01%
GlaxoSmithKline Consumer Healthcare Ltd.
1.93%
TREPS 01-Jan-2020
1.70%
Dabur India Ltd.
1.65%
Abbott India Ltd.
1.64%
Hero MotoCorp Ltd.
1.61%
GAIL (India) Ltd.
1.59%
IndusInd Bank Ltd.
1.55%
Bharti Airtel Ltd.
1.54%
Exide Industries Ltd.
1.45%
Ultratech Cement Ltd.
1.44%
Britannia Industries Ltd.
1.43%
Sun Pharmaceutical Industries Ltd.
1.43%
City Union Bank Ltd.
1.41%
NTPC Ltd.
1.38%
SRF Ltd.
1.32%
Equitas Holdings Ltd.
1.27%
Page Industries Ltd.
1.15%
Divi's Laboratories Ltd.
1.09%
Bajaj Finance Ltd.
1.02%
Indian Railway Catering & Tourism Corporation Ltd.
1.02%
Coal India Ltd.
0.89%
Hindustan Petroleum Corporation Ltd.
0.78%
SBI Life Insurance Company Ltd.
0.76%
Ircon International Ltd.
0.73%
Zee Entertainment Enterprises Ltd.
0.72%
Chambal Fertilisers and Chemicals Ltd.
0.71%
Tata Steel BSL Ltd.
0.70%
Maruti Suzuki India Ltd.
0.69%
HCL Technologies Ltd.
0.69%
Raymond Ltd.
0.68%
The Federal Bank Ltd.
0.68%
Gujarat State Petronet Ltd.
0.57%
ICICI Prudential Life Insurance Company Ltd.
0.52%
Astral Poly Technik Ltd.
0.51%
Kajaria Ceramics Ltd.
0.49%
Aurobindo Pharma Ltd.
0.49%
MRF Ltd.
0.47%
Birla Corporation Ltd.
0.45%
Aditya Birla Fashion and Retail Ltd.
0.43%
Torrent Pharmaceuticals Ltd.
0.41%
Tata Chemicals Ltd.
0.40%
Cash & Cash Equivalents
0.38%
Tata Steel Ltd.
0.37%
Dishman Carbogen Amcis Ltd.
0.31%
Hindalco Industries Ltd.
0.25%
The India Cements Ltd.
0.25%
Tata Global Beverages Ltd.
0.16%
Gayatri Projects Ltd.
0.11%
Bajaj Electricals Ltd.
0.10%
ACC Ltd.
0.07%
364 DAY T-BILL 09-Jan-2020
0.07%
Chennai Super Kings Ltd.
0.05%
Whirlpool of India Ltd.

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 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 manager

Sudhir Kedia

Sudhir Kedia

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