Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 22-05-2020)

166.96

3 YRS CAGR

(as on 22-05-2020)

-3.82%

CAGR since inception

(since 01-01-2013)

9.43%

AUM

(as on 30-Apr-2020)

344.37 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 22-05-2020
* 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 22-05-2020
* 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 22-05-2020
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 30-Apr-2020
As on 30-Apr-2020
% of NAV
Sector
22.60%
Banks
10.07%
Consumer Non Durables
9.01%
Finance
8.98%
Petroleum Products
7.57%
Software
6.53%
Pharmaceuticals
4.40%
Industrial Products
3.76%
Construction Project
3.43%
Consumer Durables
3.14%
Auto
2.18%
Cement
2.08%
Telecom - Services
2.05%
Power
1.61%
Auto Ancillaries
1.60%
Gas
1.53%
Ferrous Metals
1.48%
Pesticides
1.30%
Textile Products
1.25%
Construction
0.57%
Chemicals
0.37%
Retailing
0.22%
Non - Ferrous Metals
0.19%
Industrial Capital Goods
As on 30-Apr-2020
% to NET Assets
Name
8.10%
Reliance Industries Ltd.
7.74%
HDFC Bank Ltd.
6.25%
ICICI Bank Ltd.
4.33%
TREPS 04-May-2020
4.24%
Infosys Ltd.
3.96%
Kotak Mahindra Bank Ltd.
3.76%
Larsen & Toubro Ltd.
3.45%
Housing Development Finance Corporation Ltd.
2.98%
Tata Consultancy Services Ltd.
2.84%
State Bank of India
2.38%
ITC Ltd.
2.21%
Hindustan Unilever Ltd.
2.12%
United Spirits Ltd.
2.08%
Bharti Airtel Ltd.
2.05%
NTPC Ltd.
1.99%
Tata Consumer Products Ltd.
1.86%
Sun Pharmaceutical Industries Ltd.
1.81%
Axis Bank Ltd.
1.73%
Divi's Laboratories Ltd.
1.60%
Max Financial Services Ltd.
1.57%
Abbott India Ltd.
1.38%
Bajaj Finance Ltd.
1.30%
Page Industries Ltd.
1.29%
Whirlpool of India Ltd.
1.25%
Kajaria Ceramics Ltd.
1.21%
Maruti Suzuki India Ltd.
1.07%
GAIL (India) Ltd.
1.03%
Bayer Cropscience Ltd.
1.03%
Titan Company Ltd.
1.00%
AIA Engineering Ltd.
0.98%
Mahindra & Mahindra Ltd.
0.97%
Bajaj Finserv Ltd.
0.95%
Eicher Motors Ltd.
0.95%
SBI Cards & Payment Services Ltd.
0.93%
Ultratech Cement Ltd.
0.92%
Britannia Industries Ltd.
0.88%
Hindustan Petroleum Corporation Ltd.
0.88%
Shree Cement Ltd.
0.80%
Astral Poly Technik Ltd.
0.77%
Tata Steel BSL Ltd.
0.76%
SRF Ltd.
0.70%
Natco Pharma Ltd.
0.66%
HDFC Life Insurance Company Ltd.
0.63%
Finolex Cables Ltd.
0.62%
SKF India Ltd.
0.59%
Voltas Ltd.
0.59%
Bharat Forge Ltd.
0.57%
Atul Ltd.
0.53%
Petronet LNG Ltd.
0.52%
VIP Industries Ltd.
0.50%
IPCA Laboratories Ltd.
0.48%
Motherson Sumi Systems Ltd.
0.48%
Jindal Steel & Power Ltd.
0.45%
Dabur India Ltd.
0.45%
PI Industries Ltd.
0.39%
WABCO India Ltd.
0.38%
Balkrishna Industries Ltd.
0.37%
Birla Corporation Ltd.
0.36%
Exide Industries Ltd.
0.35%
Info Edge (India) Ltd.
0.28%
Tata Steel Ltd.
0.27%
Aditya Birla Fashion and Retail Ltd.
0.22%
Hindalco Industries Ltd.
0.19%
Honeywell Automation India Ltd.
0.17%
Torrent Pharmaceuticals Ltd.
0.10%
Avenue Supermarts Ltd.
0.09%
Chennai Super Kings Ltd.
0.09%
91 DAY T-BILL 11-Jun-2020
-0.43%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

7 Yrs 144 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